Wema Bank Secures CBN, SEC Approval for N150bn Rights Issue, Surpasses N200bn…
Wema Bank Plc has received regulatory approval from the Central Bank of Nigeria (CBN) and the Securities and…
Orsted Shares Plunge 5.5% After Deeply Discounted $9.4B Capital Raise; European…
European stocks opened the week with modest gains on Monday as investors awaited the U.S. Federal Reserve’s highly…
Blue-Chip Stocks Drive NGX Market Capitalisation Up by N985 Billion Amid Renewed…
Renewed investor interest in Nigeria’s blue-chip stocks lifted the nation’s equities market capitalisation by a…
Nigeria’s Crude Oil Earnings Drop by N3.18tn Despite 12.7% Production Surge
Nigeria’s crude oil export earnings fell sharply by N3.18 trillion in the first half of 2025, even as the country…
Nigeria’s Trade Surplus Jumps 44% in Q2 2025 as Non-Oil Exports and Manufactured…
Nigeria’s trade surplus soared by 44.3% in the second quarter of 2025, reaching N7.46 trillion, up from N5.17…
Afreximbank, MDGIF Sign $500m Deal to Boost Nigeria’s Gas Infrastructure and Cut…
Nigeria’s gas sector received a major boost at the weekend as the African Export-Import Bank (Afreximbank) and the…
FIRS Highlights Benefits of New Tax Reforms to Boost Revenue and Protect Air…
The Federal Inland Revenue Service (FIRS) has outlined the key advantages of the Federal Government’s new tax…
Importers Warn 4% FOB Levy Could Add N4 Trillion to Freight Costs, Fuel Inflation…
The Importers Association of Nigeria (IMAN) has raised alarm over the Federal Government’s proposed 4 percent…
COMAC Urges Government to Stabilise Cedi to Prevent Fuel Price Increases in Ghana
The Chamber of Oil Marketing Companies (COMAC) has called on the government to intensify efforts to stabilise the…
Nigeria’s Forex Market Stabilizes as IMTO Diversions Ease, Oil Dollar Inflows Rise
Nigeria’s foreign exchange market is seeing a rare moment of calm as licensed currency traders report that…
Nigeria SEC to Gradually Adopt ISSB Sustainability Standards to Boost Transparency…
Nigeria’s Securities and Exchange Commission (SEC) has announced plans to phase in the International…
South Korea’s Top Trade Envoy Heads to U.S. for Stalled Tariff Talks Amid $350…
South Korea’s chief trade negotiator, Yeo Han-koo, left Seoul on Monday for Washington as Seoul and Washington…
Nigeria Needs 21.9% Annual Growth to Hit $1 Trillion Economy by 2031 — Afrinvest…
Nigeria would need to achieve an annual economic growth rate of at least 21.9 percent at an exchange rate of…
Nigerian Stock Market Rebounds as Investors Gain N986 Billion Amid Renewed Buying…
The Nigerian stock market staged a strong rebound last week, reversing a four-week losing streak and rewarding…
South Korea’s Kospi Index Hits Record High After Government Scraps Stock Tax Hike…
South Korea’s benchmark Kospi index soared to a record high of 3,420.23 in early Monday trade, marking its 10th…
Ghana’s T-Bill Auction Misses Target by GH¢2.03bn as Investor Appetite Weakens
Ghana’s government fell short of its Treasury bill target last week, missing the mark by GH¢2.03 billion amid…
Cedi Depreciation Sparks Debate Over Bank of Ghana’s Currency Support, Ahiagbah…
The Ghanaian cedi’s sharp decline in recent weeks has reignited debate over how the currency was previously…
Dangote Rolls Out 1,000 CNG Trucks to Slash Fuel Prices, IPMAN Mobilises Marketers…
In a major move set to reshape Nigeria’s fuel market, the Dangote Petroleum Refinery on Monday deployed over 1,000…
Nigeria’s Inflation Expected to Ease Further as FX Stability and Harvest Season…
Nigeria’s inflation may continue its downward trajectory in August 2025, driven by a more stable foreign exchange…
Meta Restores FIJ Facebook Page After Admitting ‘Mistake’ Amid Rising Pressure…
Meta, the parent company of Facebook, has reinstated the Facebook page of the Foundation for Investigative…
U.S. Treasury Yields Rise as Inflation Surges and Jobless Claims Climb Ahead of…
U.S. Treasury yields edged higher Friday morning as investors digested a mix of rising inflation and…
Ghana Banks Introduce 5% Forex Withdrawal Fee Under New BoG Guidelines
Ghanaian commercial banks have begun applying a 5% fee on foreign exchange withdrawals, following the latest…
Lagos Residents React to Proposed 5% Fuel Tax: Concerns Over Costs and…
The proposed 5% fuel tax on petrol and diesel has sparked mixed reactions across Lagos, as Nigerians debate the…
ISSB-Aligned Sustainability Disclosures to Boost Nigeria’s Capital Market, Lower…
The Securities and Exchange Commission (SEC) has announced that adopting the International Sustainability…
Stable Naira and Cleared FX Backlog Boost Investor Confidence in Nigeria’s Economy
Nigeria’s economic outlook is brightening as bold monetary reforms by the Central Bank of Nigeria (CBN) stabilise…
Dangote Refinery Denies NUPENG Allegations, Pledges 60,000 Jobs and Cheaper Fuel…
Dangote Petroleum Refinery has rejected allegations by the Nigeria Union of Petroleum and Natural Gas Workers…
SefRel Shop Champions ‘Buy Nigerian’ Movement to Boost Local E-Commerce and…
Nigeria imported goods worth more than ₦60.5 trillion ($40 billion) in 2024, according to the National Bureau of…
Apple’s iPhone 17 Rolls Out “Memory Integrity Enforcement” to Thwart Spyware and…
Apple’s newest iPhones are not just about flashy upgrades. Alongside the launch of the iPhone 17 and iPhone Air,…
African Startups Secure $187 Million in August 2025, Led by South Africa’s Mega…
Africa’s startup scene showed remarkable resilience in August 2025, attracting $187.6 million in fresh funding…
Reps Panel Orders Finance Minister Wale Edun to Withdraw 2025 Budget…
Nigeria’s House of Representatives Committee on Appropriation has issued a firm directive to Finance and Economy…