Nigerian Equity Market Rebounds with N694 Billion Gain as Investors Return
The Nigerian equity market staged a strong rebound on Thursday, recovering N694 billion after a week of losses as…
Naira Holds Steady at N1,950/£1 as British Pound Faces Economic Pressure
The Nigerian naira has shown resilience against the British pound, trading at N1,950/£1 in the official market.…
CBN Tightens Oversight as Nigerian Banks Boost Capital to Strengthen Financial…
Nigerian banks are stepping up their capital base as the Central Bank of Nigeria (CBN) enforces stricter oversight…
SEC Calls on Banks to Mobilize Capital for Nigeria’s Gas Trading Revolution
The Securities and Exchange Commission (SEC) has called on Nigerian banks, insurers, and asset managers to mobilize…
Google and CyberSafe Foundation Launch Resilio Africa to Protect 2 Million People…
The CyberSafe Foundation, supported by Google.org, has announced the launch of Resilio Africa, a three-year…
World Launches ‘Super App’ with Encrypted Chat and Crypto Payments
World, the biometric ID verification project co-founded by Sam Altman, has officially launched the newest version…
AI Key to Unlocking Africa’s $3.4tn AfCFTA Market, Experts Say
Artificial intelligence (AI) is set to be the driving force behind the African Continental Free Trade Area…
Nigeria’s Trade Surplus Hits N6.69tn in Q3 2025 as Exports Outpace Imports
Nigeria posted a trade surplus of N6.69 trillion in the third quarter of 2025, reflecting a 27.29% year-on-year…
European Markets Rise as Swiss Central Bank Holds Rates at 0% Amid Cooling…
European stocks closed higher on Thursday as investors weighed the U.S. Federal Reserve’s latest rate cut and the…
Nigeria’s Oil Output Rises by 35,000 bpd in November as Production Recovery…
Nigeria recorded one of its strongest month-on-month production boosts in 2025, as crude output climbed to 1.436…
Reps Push Major Reforms to Strengthen Transparency and Oversight at CBN
The House of Representatives has begun formal steps to overhaul the Central Bank of Nigeria (CBN) Act, seeking…
Dangote Refinery Receives Second Ghana Crude Shipment as Maintenance Cuts Intake
The Dangote Petroleum Refinery has received its second crude oil shipment from Ghana, strengthening its shift…
Non-Interest Banking in Ghana: BoG Requires 60% Foreign Currency Capital for…
The Bank of Ghana (BoG) has unveiled a new regulatory framework aimed at tightening oversight of the country’s…
FCMB Asset Management Upgraded to A(IM) Rating by Agusto & Co., Strengthening…
FCMB Asset Management Limited (FCMBAM), the asset management arm of FCMB Group Plc, has received a significant…
FG Captures N4tn Power Sector Bond in MTEF to Boost Investor Confidence
The Federal Government has announced that the newly launched N4tn power sector liquidity bond, designed to settle…
Modern Infrastructure Key to Nigeria’s AI Leadership, Says Schneider Electric
Schneider Electric has emphasized that the next era of global artificial intelligence (AI) leadership will be…
Pension Fund Assets Rise to N26.66 Trillion as PenCom Cracks Down on Defaulters
Nigeria’s total pension fund assets under the Contributory Pension Scheme (CPS) increased by 2.2% month-on-month to…
Dangote Refinery Boosts Petrol Supply by 38% Amid Rising Imports
Nigeria’s domestic petrol supply saw a significant boost in November 2025, with the Dangote Refinery contributing…
Dollar Weakens as Fed Signals Dovish Tilt, Markets Anticipate Two Rate Cuts in…
The U.S. dollar dipped on Thursday after the Federal Reserve delivered a less hawkish outlook than investors had…
Bank of Ghana Urges Fintechs to Strengthen Compliance, Consumer Protection, and…
The Bank of Ghana (BoG) has called on fintech companies, mobile money operators, and financial institutions to…
Google Elevates AI Infrastructure Chief Amin Vahdat as AI Arms Race Intensifies
Google has made a major move in the global AI arms race, promoting Amin Vahdat to the newly created position of…
State Attorneys General Warn AI Giants to Fix ‘Delusional Outputs’ or Face Legal…
A coalition of U.S. state attorneys general has issued a stark warning to major AI companies, including Microsoft,…
Tinubu to attend 3MTT National Impact Summit
President Bola Ahmed Tinubu is set to attend the 3 Million Technical Talent (3MTT) National Impact Summit on…
Nigerian Stock Market Dips 0.05% as JAPAULGOLD and Mid-Cap Stocks Rally
The Nigerian stock market closed slightly lower on December 10, 2025, with the All-Share Index (ASI) dipping 0.05%…
Nigeria’s Petrol Consumption Drops to 52.9 Million Litres in November Amid Rising…
Nigeria’s petrol consumption declined to 52.9 million litres per day in November, signaling a slight slowdown in…
Nigeria and China Strengthen Agricultural Partnership with $200M Poultry Project
Nigeria is taking a major step toward transforming its agricultural sector as a high-level delegation led by Kaduna…
Nigeria’s AI Startups Struggle Abroad as Infrastructure Gap Hampers Growth
Over 300 Nigerian AI startups are forced to train their large language models and run AI workloads in data centers…
Nigeria, France Seal Tax Administration Deal to Power Digital Reforms Ahead of…
Nigeria has taken another major step toward modernising its tax system as the Federal Government signed a…
CBN Caps Cash Payments for PTA/BTA at 25% Under New Forex Rules
The Central Bank of Nigeria (CBN) has announced a new policy limiting cash payouts for Personal Travel Allowance…
European Markets Struggle to Gain Momentum as Fed Rate Cut Fails to Lift Global…
European markets are poised for a muted open on Thursday as investors sift through the U.S. Federal Reserve’s…