CBN Unveils FX BDC Purchase Tracker to Monitor Bureau De Change Transactions in Real Time
The Central Bank of Nigeria (CBN) has rolled out a new digital monitoring platform known…
Fintech raises capital for African expansion
Nigeria’s leading fintech company, Mathesis Analytics, has secured a strategic investment from First Ally Capital,…
CBN Launches Digital FX Tracker, Tightens Rules for BDC Dollar Purchases Through Banks
The Central Bank of Nigeria (CBN) has unveiled a new digital platform designed to monitor…
EU asks Google to share search data, Android features with AI rivals
The European Union has intensified its push to promote competition in the technology sector by…
BUA Cement Selloff Drags Nigerian Stock Market Lower Despite First HoldCo’s Record-Breaking Rally
The Nigerian stock market closed slightly lower on Thursday as a steep decline in BUA…
PETROAN Urges Refinery Revival as Dangote Refinery Switches to Dollar Sales
Nigeria’s downstream petroleum sector is facing renewed uncertainty as the Petroleum Products Retail Outlets Owners…
OnePlus Exits U.S. and Europe Smartphone Markets as Global Phone Demand Slows
OnePlus has announced that it will no longer launch new smartphones and products in the…
NERC CapEx Order Triggers Power Sector Showdown as DisCos, State Regulators Push Back
Nigeria’s electricity sector has been thrust into the spotlight following the implementation of the NERC…
BUA Foods approves N504b dividend, unveils expansion plan to boost food security
BUA Foods Plc has approved a massive N504 billion dividend for shareholders while unveiling an…
SpaceX Shares Slip Below IPO Price as Investor Optimism Fades Amid Valuation Concerns
SpaceX shares dropped below their $135 initial public offering (IPO) price for the first time…
NGX Major Deals Hit N32.73 Billion as First HoldCo and Seplat Lead Market Rebound
The Nigerian Exchange (NGX) witnessed a surge in high-value transactions on Tuesday, with major deals…
World Bank: 79% of Nigerians Still Face Poverty Despite Economic Reforms
Despite nearly three years of major economic reforms by the Federal Government, the World Bank…
U.S. Crude Inventories Drop 1.7 Million Barrels as Iran Tensions Keep Oil Markets on Edge
The latest U.S. Energy Information Administration (EIA) report has revealed a significant decline in American…
DeepMind CEO Warns AGI Could Arrive Within Years, Calls for Urgent Global AI Safeguards
Google DeepMind CEO Demis Hassabis has issued a stark warning that Artificial General Intelligence (AGI)…
Xi Jinping Unveils China’s Global AI Vision as Huawei Showcases Powerful New AI Computing System
Chinese President Xi Jinping is expected to take center stage at the World Artificial Intelligence…
Foreign Investors Shift to Indian Bonds as Stock Market Sees Massive Sell-Off
Foreign investors are increasingly turning their attention to Indian government bonds, even as they continue…
Nigeria Tax Revenue Jumps to N21.6 Trillion in H1 2026 as Economic Reforms Deliver Results
Nigeria’s tax revenue recorded a remarkable boost in the first half of 2026, reaching N21.6…
CBN Rate Hike Looms as Pre-Election Spending Raises Inflation Concerns
Nigeria’s financial markets could face a significant shift in the coming months as experts warn…
NGX Gains N390bn as Banking Stocks Drive Market Rally Despite Weaker Trading Activity
The Nigerian Exchange (NGX) extended its bullish run on Wednesday, adding a remarkable N390.32bn to…
Tinubu Says Economic Reforms Are Driving Nigeria’s Steady Growth as Deloitte Backs Recovery Efforts
President Bola Tinubu has expressed confidence that Nigeria’s economy is on a path of steady…
US Inflation Eases in June as Energy Prices Fall, but Fresh Middle East Tensions Cloud Outlook
The United States recorded a welcome slowdown in inflation during June 2026, driven largely by…
FG inaugurates advisory committee to drive economic reforms
The Federal Government has taken another significant step in its economic reform agenda with the…
Dangote Refinery Shields Nigerians from Global Fuel Price Shock, Says S&P Global
Dangote Petroleum Refinery is playing a crucial role in protecting Nigerians from the impact of…
Stock Buy Recommendations: Zenith, UBA and Access top Brokers’ list
Nigeria’s stock market is showing strong signs of recovery after a sharp sell-off in June…
Nigeria Foreign Reserves Surge to $51.86 Billion, Highest Level Since 2009 as Investor Confidence Grows
Nigeria’s foreign reserves have reached an impressive $51.86 billion, marking the highest level recorded in…
Nigeria Inflation Rate Drops to 15.91% in June as Food Prices Continue to Climb
Nigeria’s inflation rate recorded a marginal decline in June 2026, offering a glimmer of relief…
BREAKING: Nigeria’s inflation eases to 15.91% in June despite rising food prices
Nigeria’s headline inflation rate edged lower to 15.91% in June 2026, compared to 15.93% recorded…
FTSE Russell Delays Nigeria Frontier Market Reclassification Amid T+1 Settlement Concerns
Nigeria’s hopes of reclaiming its position in the global Frontier Market Index have hit a…
CBN Signals High Interest Rates May Persist as Reform Gains Boost Investor Confidence
The Central Bank of Nigeria (CBN) has indicated that high interest rates could remain in…
Nigeria, Hong Kong Sign Double Taxation Agreement to Boost Trade and Investment
Nigeria and the Hong Kong Special Administrative Region of the People’s Republic of China have…