OADC to Build $240M Hyperscale Data Centre in Lagos, Boosting Africa’s Digital…
Open Access Data Centres (OADC), a subsidiary of WIOCC, has announced a significant investment of $240 million to…
Ghana’s Telecom Sector Struggles with Poor Reception and Slow Internet
A recent report by CUTS International, a consumer advocacy group, has raised alarm over ongoing challenges in…
65.5% of Nigerians Advocate for Lower Lending Rates, CBN Survey Reveals
A new survey by the Central Bank of Nigeria (CBN) has revealed that 65.5% of Nigerian households support a…
Microsoft to Launch Three Data Centres in Malaysia by Mid-2025
Microsoft has announced plans to launch its first cloud region in Malaysia, with three data centres set to go live…
Fed’s Dot Plot Eases Investor Concerns, U.S. Markets Surge as Interest Rate…
The U.S. Federal Reserve's decision to keep interest rates steady and maintain a forecast of two rate cuts in 2025…
GSM Maintains Dominance as Active Data Internet Subscribers in Nigeria Reach 142…
As of January 2025, Nigeria's active data internet subscribers reached 142.16 million, according to the Nigerian…
GIADEC Seeks Global Partnerships to Boost Ghana’s Integrated Aluminium Industry
The Ghana Integrated Aluminium Development Corporation (GIADEC) is actively seeking partnerships with global…
Naira Gains Slightly to 1530.52/$ Amid Stability Efforts and Structural Reforms
The Nigerian naira showed a marginal appreciation of 0.16% on Wednesday, closing at 1530.52/$ compared to the…
Nigeria’s Telecom Sector Faces Declining Revenue as Currency Depreciation Hits…
Nigeria’s telecommunications market has seen a significant downturn, with the average revenue per user (ARPU)…
Stock Futures Climb Ahead of Fed’s Rate Decision Amid Market Volatility
Stock futures saw a slight increase on Wednesday as investors awaited the Federal Reserve’s interest rate…
CBN’s Bank Recapitalisation and FX Reforms Pave Path to $1 Trillion Economy by…
The Central Bank of Nigeria (CBN) is implementing a series of strategic reforms to strengthen the nation’s…
Ghana Must Strengthen Domestic Bond Market to Reduce External Borrowing – Terkper
In a recent address at the PricewaterhouseCoopers (PwC) 2025 Budget Digest Forum, Presidential Advisor on the…
Insurance Brokers Eye Opportunities in $490B AfCFTA Market Amid Regulatory…
As Nigeria joins 54 other African nations in advancing a single trade area under the African Continental Free…
Finance Minister Pledges Support for Private Sector Growth in Meeting with Dangote
The Federal Government has reaffirmed its commitment to fostering a business-friendly environment to stimulate…
Nigeria’s Crypto Future: Stronger Regulations to Boost Investment, Says…
The Chief Executive Officer of FlashChange, Bidemi Oke, discussed the growing role of cryptocurrencies in…
Big Tech’s Data Center Surge Sparks New Risks for U.S. Power Grid
The rapid expansion of data centers in the U.S., particularly in regions like Data Center Alley near Washington…
Fed Holds Interest Rates Steady as Economic Projections Reflect Uncertainty Amid…
The Federal Reserve is expected to maintain its policy interest rates in the 4.25%-4.50% range, while releasing…
Exporters and Non-Bank Corporates Lead Nigeria’s Dollar Inflows as Naira…
Exporters and non-bank corporates were the main contributors to Nigeria’s dollar inflows, accounting for 64% of…
Bitcoin Surges Above $82K Amid FOMC Meeting Speculation
Bitcoin (BTC) has been holding steady above $82,000, with market participants eagerly awaiting the outcome of the…
Nigeria’s Economic Rebase Offers New Growth Opportunities for Businesses and…
Nigeria has entered 2025 at a crucial economic crossroads, following a period of substantial reforms designed to…
PAFON 2.0 Set to Revolutionize AI-Driven Payment Systems in Nigeria
The Payments Forum Nigeria (PAFON) 2.0 is gearing up to bring together Nigeria's top digital finance experts,…
Ghana’s 2025 Budget Allocation to Agriculture Deemed Insufficient by…
In the 2025 national budget, only GH¢1.5 billion, representing 0.54% of the total GH¢279 billion, has been…
European Markets Rise as Germany Passes Debt Reform, Trump and Putin Discuss…
European stock markets saw a positive close on Tuesday, with investor attention focused on Germany's approval of a…
Nigeria’s Inflation Crisis: Erosion of Savings and Wealth Strikes Hard
Nigeria's inflation crisis has escalated, eroding the wealth of millions of citizens and making it increasingly…
Google’s $32 Billion Wiz Acquisition Deal Sped Up After Trump’s Inauguration
Google's deal to acquire Israeli cybersecurity firm Wiz, valued at $32 billion, gained significant momentum after…
BOJ Holds Interest Rates Amid U.S. Tariff Uncertainty and Inflation Concerns
The Bank of Japan (BOJ) decided to keep its short-term policy rate unchanged at 0.5% during its latest meeting on…
Stock Market Sees N266bn Loss Amid Profit-Taking in BUA Cement and Other Stocks
The Nigerian stock market experienced a decline of N266 billion on the back of profit-taking, particularly in BUA…
CBN Approves Greenwich Holdings Structure to Strengthen Financial Group’s…
The Central Bank of Nigeria (CBN) has granted approval for the establishment of Greenwich Holdings Limited as the…
AI to Revolutionize Marketing Strategies, MediaFuse-Dentsu Pioneers Change
MediaFuse-Dentsu Nigeria has announced its plans to revolutionize marketing communications with artificial…
UK-listed Savannah Energy Acquires Nigerian Oil Assets for $35 Million to Boost…
Savannah Energy, a UK-listed independent energy company, has successfully completed its acquisition of Sinopec…