FTN Cocoa, Unity Bank Shine as Nigerian Stocks Rally Amid Bearish Market – Week…
The Nigerian stock market closed the week ending November 21, 2025, under bearish pressure, shedding 3,290.97…
Nigeria Sees Surge in Petrol Shipments After Government Suspends Import Duty
Nigeria has recorded a significant surge in petrol shipments following the Federal Government’s decision to delay…
IMF Warns Rising Domestic Borrowing Increases Banks’ Debt Risks in Africa
The International Monetary Fund (IMF) has raised concerns that the surge in domestic borrowing across African…
Nigeria’s SEC Implements T+2 Settlement Cycle to Boost Capital Market Efficiency
The Securities and Exchange Commission (SEC) has announced that Nigeria’s capital market will transition to a T+2…
Stockbrokers Call for Technology-Driven Reforms to Transform Nigeria’s Capital…
The Chartered Institute of Stockbrokers (CIS) has outlined strategic recommendations aimed at accelerating the…
Startups and SMEs Urged to Embrace Debt Market Financing for Sustainable Growth
Nigerian startups and small-to-medium enterprises (SMEs) are being encouraged to rethink traditional fundraising…
European Stocks Rise as Global Markets Rally on Renewed Fed Rate-Cut Hopes
European stocks are set to open the week on a strong note, buoyed by a wave of optimism sweeping across global…
States Accumulate ₦1.06tn Debt Despite Record 2024 Revenue Inflows
Despite receiving unprecedented federal allocations in 2024, Nigerian states accumulated a combined ₦1.06tn in…
Naira Weakens to ₦1,456.72/$ Amid Rising FX Demand Despite Growing Reserves
The naira closed the week on a weaker note as pressure in the foreign exchange market pushed the currency down to…
Nigeria’s 2026 Tax Reform Sparks Privacy Fears as FG Plans Digital Tracking of…
Nigeria’s sweeping tax reform scheduled for January 2026 is stirring nationwide concern as questions grow over how…
Nigeria EV Adoption Divides Experts as Senate Advances Green Mobility Bill
Nigeria’s journey toward electric vehicles (EVs) has taken a major legislative step with the Senate’s advancement…
Nigeria’s Digital Health Revolution Stalled by Infrastructure, Power, and Data…
Nigeria’s ambition to transform its healthcare system through digital innovation is facing significant hurdles,…
Monetary Reforms Drive Inflation Decline and Forex Stability in Nigeria, Says CBN
The Central Bank of Nigeria (CBN) has announced that the country’s economy is steadily recovering, citing a sharp…
Lagos to Channel N244.82bn Bond Proceeds into Critical Infrastructure Development
Lagos State has announced plans to invest N244.82 billion raised from its latest bond issuance into critical…
Lagos and LCCI Call for Investment in Community-Owned Mini-Grids to Boost Power…
The Lagos State Government and the Lagos Chamber of Commerce and Industry (LCCI) are pushing for greater investment…
Asia Tech Stocks Plunge Following Wall Street AI Selloff Amid Fading Rate-Cut…
Asia-Pacific markets suffered significant losses on Friday as Wall Street’s earlier AI-related rally reversed…
Nigerian Equities Market Slides as Capitalisation Drops by N292 Billion
The Nigerian equities market extended its losing streak yesterday, with market capitalisation dropping sharply by…
VFD Group Redeems N12.8bn Commercial Paper, Strengthening Liquidity and Investor…
Investment powerhouse VFD Group has successfully redeemed its N12.83 billion Series 5 Commercial Paper (CP) under…
Strong Disinflation and Lower Interest Rates Set Stage for Ghana’s 2026 Economic…
Ghana is poised for a significant economic rebound in 2026, thanks to strong disinflation trends and declining…
Afreximbank 9M’25 Financial Scorecard Highlights Strong Liquidity and Resilient…
African Export-Import Bank (Afreximbank) and its subsidiaries have released a robust financial performance report…
FG Oil Revenue Drops by N345 Billion in September Amid Production Shortfalls
Nigeria’s federal government recorded a significant drop in oil revenue in September 2025, with collections from…
Elon Musk vs. Shohei Ohtani: Grok AI’s Unlikely Loyalty Sparks Online Buzz
Grok, the AI developed by Elon Musk, has sparked a viral debate this week after users noticed its surprisingly…
Google Strengthens AI Scam Detection in India Amid Rising Digital Fraud
Google is stepping up its fight against digital fraud in India by expanding its AI-powered scam detection tools.…
Dangote Group Strengthens SME Support at Kano International Trade Fair 2025
The Dangote Group is set to make a significant impact at the Kano International Trade Fair, running from November…
CBN Reforms Stabilise Naira and Lower Lending Rates Amid Inflation Moderation
The Central Bank of Nigeria (CBN) has reported that its ongoing monetary policy tightening and structural reforms…
Lagos Raises N244.82bn in Oversubscribed Green and Conventional Bonds to Fund…
Lagos State has successfully raised N244.82 billion through a combination of green and conventional bonds,…
UAC Nigeria’s N182 Billion Acquisition of CHI Set to Reshape Consumer Goods…
In a landmark deal that has captured the attention of Nigeria’s business community, UAC Nigeria has acquired CHI…
Ghana Set for Strong Economic Growth in 2026, Fitch Solutions Forecasts
Ghana is on track for robust economic growth in 2026, according to forecasts by UK-based research firm Fitch…
Yen Under Pressure as Dollar Eyes Weekly Gain Amid Market Intervention Concerns
The Japanese yen remained under pressure near a 10-month low on Friday, prompting traders to watch for potential…
NCR and ROYALEX Shine as Nigerian Stock Market Slides Below N92 Trillion
The Nigerian Stock Market ended Thursday, 20 November 2025, on a bearish note, with the All-Share Index (ASI)…