European Markets Open Mixed as Investors Weigh Global Economic Outlook
European markets are set for a mixed and cautious start on Thursday as investors take a moment to assess both…
Dangote Refinery Cuts Nigeria’s Malta Petrol Imports by 60% as Local Supply Surges
Nigeria’s petrol imports from Malta have fallen sharply, dropping by 60 percent in 2024, as the Dangote Petroleum…
AfDB Approves $500m Loan to Boost Nigeria’s Energy Reforms and Fiscal Stability
The African Development Bank has approved a fresh $500 million loan to support Nigeria’s ongoing economic…
High Lending Rates in Nigeria Strangling Production, MAN Urges CBN to Cut Interest…
The Manufacturers Association of Nigeria (MAN) has raised fresh concerns over the country’s high lending rates,…
Nigeria’s Creative Economy: Experts Explore Models to Drive Social Impact and…
Leading experts and industry stakeholders convened in Lagos to explore practical strategies for harnessing…
Ghana Poised for Major Interest Rate Cut as Inflation Falls to Four-Year Low
Ghana is preparing for what could be its third consecutive major interest rate cut, as the country’s inflation…
Nigeria’s monthly trade surplus falls 35% to $1.39bn
The Nigerian equities market staged an impressive rebound on Tuesday, recovering N95 billion in market…
Nigerian Tech Firm, Task Systems, wins Microsoft Best Partner Award in US
Nigeria’s technology landscape received global recognition as Task Systems Limited, a leading indigenous ICT firm,…
Analysts Warn CBN’s 27% MPR Could Stifle Growth as Businesses Face Rising Credit…
The Central Bank of Nigeria’s (CBN) decision to keep the Monetary Policy Rate (MPR) at 27 percent has sparked fresh…
Experts Advocate Innovation and Partnership for Sustainable Digital Transformation…
In a bid to foster an inclusive and sustainable digital ecosystem, Adeyinka Adedokun, CEO and Principal Consultant…
OpenAI and Perplexity Launch AI Shopping Assistants, but Startups Remain Confident
With the holiday shopping season approaching, OpenAI and Perplexity have rolled out AI shopping assistants designed…
Africa’s $100 Billion SME Credit Gap Spurs Banks and Fintechs into Strategic…
Africa faces an estimated $100 billion shortfall in credit for small and medium enterprises (SMEs), prompting…
Oil Prices Rise After One-Month Low Amid Signs of Ukraine-Russia Peace Progress
Oil prices edged higher on Wednesday, rebounding slightly after falling to a one-month low in the previous session,…
Nigeria Reaffirms Commitment to Global Aviation Safety at 42nd ICAO Assembly
Nigeria has reinforced its commitment to global aviation safety standards as its delegation, led by Minister of…
Dollar Weakens as U.S. Economic Data Fuels Expectations of December Fed Rate Cut
The U.S. dollar weakened on Tuesday as a mix of economic indicators, some delayed due to the recent government…
Nigerian Equities Market Rebounds with N95 Billion Gain as CBN Holds Rates Steady
The Nigerian equities market staged a notable recovery on Tuesday, November 25, bouncing back from six consecutive…
Ghana Cedi Surges 32% Against Dollar in 2025: Strongest Performance in West Africa
Ghana’s cedi has continued its remarkable upward trajectory in 2025, recording a 32.2% appreciation against the US…
Nigeria to save millions in FX as export tests get global approval
Nigeria is set to save millions of dollars in foreign exchange after the Nigeria National Accreditation System…
Nigeria Champions Africa’s Digital Sovereignty and Regional Collaboration at…
Nigeria has once again positioned itself at the forefront of Africa’s digital transformation, as the…
NGX Rebounds After Six-Day Slump, Adds N94.47bn in Market Value
Bullish trading returned to the Nigerian Exchange Limited (NGX) on Tuesday, breaking a six-day losing streak that…
European Stocks Poised to Rise as Fed Rate Cut Expectations Grow Ahead of UK…
European stocks are set to open higher on Wednesday as investor expectations build for a potential U.S. Federal…
Champion Breweries Launches N15.91bn Rights Issue to Boost Growth
Champion Breweries Plc has officially launched a N15.91 billion rights issue, inviting its qualified shareholders…
Sanwo-Olu Presents N4.2tn ‘Budget of Shared Prosperity’ for 2026 to Lagos Assembly
Lagos State Governor Babajide Sanwo-Olu on Tuesday submitted a landmark N4.237 trillion 2026 budget proposal to the…
CBN Confirms 16 Banks Have Met Recapitalisation Target as March 2026 Deadline…
The Central Bank of Nigeria (CBN) has confirmed that 16 Nigerian banks have now met the recapitalisation threshold,…
Dangote, Honeywell Partner to Boost Refinery Capacity to 1.4m bpd by 2028
The Dangote Petroleum Refinery has taken a major step toward becoming the world’s largest single-location refining…
BREAKING: CBN retains MPR at 27% to sustain inflation fight
The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 27 percent, maintaining its tight…
Lontor Hi-Tech Invests N1.2B to Drive Sustainable Energy and Smart Living in…
LONTOR Hi-Tech Development Company has reaffirmed its dedication to sustainable energy and smart living in Nigeria…
Africa’s Digital Market: Why Tech Solutions Must Be Locally Designed
Early in March 2025, I sat in a European boardroom surrounded by executives eager to understand Africa’s digital…
African Creatives Urged to Embrace Blockchain and AI for Global Success
Nigerian creative-tech advocate Sheye Banks has called for wider adoption of emerging technologies across Africa’s…
Nigerian Geochemist Pushes for Smarter, Sustainable Oil Production with New…
Nigeria’s efforts to strengthen and modernise its energy sector are receiving a significant boost from new…