Yen and Swiss Franc Top Safe-Haven Picks Amid Trump Tariffs, Analysts Say
In light of President Donald Trump’s recent announcement of reciprocal tariffs, investors are flocking to…
C&I Leasing Expands Electric Vehicle Use in Ghana Amid Successful Series 5…
C&I Leasing Plc has experienced significant success in its recent Series 5 Commercial Paper Issuance,…
Nigeria’s Financial Markets in Turmoil as Trump Tariffs Trigger Global…
Nigeria’s financial markets are grappling with volatility amid global disruptions caused by renewed tariff threats…
JPMorgan CEO Jamie Dimon Warns U.S. Tariffs Could Slow Growth, Fuel Inflation
JPMorgan Chase CEO Jamie Dimon issued a cautionary statement in his annual letter to shareholders, warning that…
Microsoft Joint Venture Wicresoft to Halt China Operations and Lay Off 2,000 Staff…
Microsoft's joint venture in China, Wicresoft, will halt its operations in the country starting Tuesday, according…
China Assures U.S. Companies of Protection Amid Ongoing Trade Tensions
China’s Vice Commerce Minister, Ling Ji, reassured U.S. companies, including prominent names like Tesla and GE…
Telecom Service Quality Declines After Tariff Hike, Consumers Express Discontent
Telecom service quality in Nigeria has significantly deteriorated, sparking frustration among customers.…
Nigerian Breweries Reinforces Sustainability Commitment
Nigerian Breweries Plc has reaffirmed its dedication to sustainability under its "Brew a Better World" (BaBw)…
Investor Confidence Rises as Nigerian Banks Secure N2.4 Trillion in Q1 2025…
In the first quarter of 2025, Nigerian banks raised an impressive N2.4 trillion through the capital market as part…
Trump’s 14% Tariff on Nigerian Exports Poses Threat to $6 Billion Annual Revenue
The recent imposition of a 14% tariff by U.S. President Donald Trump on Nigerian exports has raised serious…
FG to Receive First Batch of 3.2 Million Electricity Meters in April 2025
In a bid to address the significant metering gap in Nigeria’s electricity sector, the Federal Government has…
Bank of Ghana Engages Traders to Reaffirm Commitment to Economic Stability
The Bank of Ghana (BoG) recently met with the Ghana Union of Traders Association (GUTA) to reaffirm its commitment…
Bank of Ghana to Auction $120 Million to BDCs in Q2 of 2025 to Ease Forex Pressure
The Bank of Ghana (BoG) has announced plans to auction a total of $120 million to Bulk Oil Distribution Companies…
Asian Markets Dive as Trump’s Tariff War Deepens Global Economic Turmoil
Asian markets faced a sharp decline on Monday, deepening a global stock market rout spurred by the escalating…
NGX Faces Setback Despite Strong Earnings Season
The Nigerian Stock Exchange (NGX) started April on a negative note, reversing the previous week's gains and…
Experts Endorse Nigeria Re’s AI Strategy to Boost Insurance Sector Growth
Stakeholders in Nigeria's insurance sector have shown strong support for Nigeria Reinsurance Corporation’s new…
CBN Intervenes in FX Market as Naira Struggles Amid Trump Tariffs and Oil Price…
The Central Bank of Nigeria (CBN) stepped in to stabilize the foreign exchange market on Friday by selling $197.71…
Nigeria Considers Strengthening Trade Ties with China, EU, and BRICS in Response…
In response to the imposition of new US tariffs, Nigerian fund managers from Cory Assets Management Limited, led…
Hoodlums Vandalize Major Gas Pipeline in Bayelsa, State Government Vows Action
In a recent act of vandalism, suspected oil thieves have attacked the Ogboinbiri/Obiobi 24-inch gas pipeline,…
WTO Director-General Okonjo-Iweala Warns Trump Over New Tariffs
The Director-General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala, has raised concerns about the…
NNPC Appoints New Management Team, Ojulari Takes Over from Kyari
The Nigerian National Petroleum Company Limited (NNPC Ltd) has officially welcomed its new Group Chief Executive…
CBN May Slow Down Reserve Accumulation to Stabilize Naira, JPMorgan Predicts
JPMorgan analysts have suggested that the Central Bank of Nigeria (CBN) may reduce its pace of absorbing foreign…
Nigerian Stock Market Experiences Minor Decline in Holiday-Shortened Week
The Nigerian stock market experienced a slight drop of 0.14% in the trading week that concluded on Friday, April…
Tinubu Appoints Ayo Sotinrin as New MD of Bank of Agriculture
President Bola Tinubu has appointed Ayo Sotinrin as the new Managing Director of the Bank of Agriculture,…
Unfair Credit Ratings Increasing Borrowing Costs for African Countries, Says ECA
African countries continue to struggle with high borrowing costs due to what they perceive as unfair credit…
Nigeria Seeks $10.5 Million Loan from World Bank to Boost CBN’s Capacity and…
Nigeria has approached the World Bank for a new loan of $10.5 million to enhance the technical capacity of the…
China Hits Back with 34% Tariffs on U.S. Imports, Escalating Trade Tensions
In a sharp retaliation to President Donald Trump's recent tariff hikes, China has announced new tariffs of 34% on…
Trump Suggests China Could Receive Tariff Relief in Exchange for TikTok Approval
President Donald Trump recently indicated that China could receive tariff relief if it approves the sale of…
FCMB Records N111.9bn Profit Before Tax for 2024, Announces Strong Growth
First City Monument Bank (FCMB) posted a remarkable Profit Before Tax (PBT) of N111.9 billion for the financial…
IpNX and NCC Strengthen Collaboration to Drive Nigeria’s Broadband Growth
IpNX, a leading Nigerian ICT company and connectivity provider, is deepening its collaboration with the Nigeria…