ITU: $2.8 Trillion Needed to Close Global Digital Divide by 2030
The International Telecommunication Union (ITU) has revealed that between $2.6 trillion and $2.8 trillion will be…
Nigeria First’ Policy to Generate N3 Trillion for Economy, Says Trade Minister
The Federal Government has projected earnings of about N3 trillion from its ‘Nigeria First’ policy, a campaign…
Dollar Weakens as Gold Hits Record High Amid Fed Rate Cut Speculation
Global financial markets were mixed on Tuesday as the U.S. dollar wobbled near five-week lows and gold surged to a…
Startups tap eSIM boom to disrupt telcos
Nigeria’s telecom sector is witnessing a new wave of disruption as technology startups in the eSIM space emerge to…
European Stocks Hold Steady as Chinese Tech Rally Boosts Market Sentiment
European equities opened the week on a steady note as gains in Chinese technology stocks helped balance pressure…
NGX Opens September with ₦363bn Loss as Market Indices Decline
The Nigerian Exchange (NGX) began September on a bearish note, with investors losing a total of ₦363 billion in…
Forex Market: Chinese Traders Accepting Naira for Yuan as Currency Swap Boosts…
Nigeria’s foreign exchange market is witnessing new dynamics as Chinese traders increasingly accept naira for yuan…
CBN’s $2 Billion FX Forwards Audit: Winners, Losers, and the Future of Nigeria’s…
The Central Bank of Nigeria (CBN) has concluded a forensic audit into disputed foreign exchange (FX) forward…
Amid Excess Liquidity in Financial Sector, Banks’ Borrowing from CBN Slumps 28.2%…
Amid excess liquidity in the financial sector, banks’ borrowing from the Central Bank of Nigeria (CBN) dropped by…
Naira Holds Steady in Black Market as U.S. Dollar Weakens Amid Global Uncertainty
The Nigerian naira remained stable in the black market, trading just below the N1.550/$ range in the first session…
Nigeria’s Gas Flaring Drops to 7.16% in July 2025 as Gas Production Hits 7.59…
Nigeria recorded a significant energy milestone in July 2025 as gas flaring fell to 7.16%, even as daily gas…
Dangote Refinery Sources Ghana Crude Amid Production Questions, RFCC Unit…
Nigeria’s Dangote Refinery has, for the first time, imported crude oil from Ghana, signaling a shift toward…
Lenovo ‘Project Pivo’ Rotating Laptop, Legion Go 2, and AI Tablets Leak Ahead of…
Lenovo is set to make waves at IFA 2025 with a mix of innovative devices, following new leaks from renowned tech…
Meta’s $14.3B Scale AI Partnership Shows Early Strains Amid Talent Departures and…
Meta’s multi-billion-dollar partnership with data-labeling startup Scale AI, launched in June with a $14.3 billion…
Nigeria’s 70% Broadband Target at Risk as NCC Reports Consecutive Decline in July
Broadband penetration in Nigeria fell to 48.01% in July 2025, marking the second consecutive monthly decline,…
Nigeria Must Achieve 8% GDP Growth to Hit $1 Trillion Economy by 2030 — Minister…
Nigeria must raise its Gross Domestic Product (GDP) growth from the current 3 percent to around 8 percent to…
Asia Markets Mixed as China PMI Data, India Ties, and U.S. Tariff Ruling Shape…
Asian stock markets closed mixed on Monday as investors weighed fresh economic data out of China, developments in…
OpenAI Eyes India for 1 Gigawatt Data Center to Power AI Expansion
OpenAI, the creator of ChatGPT and a major player in the global artificial intelligence industry, is reportedly…
India’s Strong GDP Growth Overshadowed by Weak Corporate Earnings and Market…
India’s economy recorded robust growth of 7.8% in the April–June quarter of 2025, outpacing global peers. Yet, the…
FX Stability, Capital Inflows Push Nigerian Stock Market to N26trn Gain in 8…
Nigeria’s stock market recorded a remarkable growth of N26.01 trillion in market capitalisation within the first…
Nigeria’s New Debt Strategy Sparks Sustainability Concerns as $1 Trillion Economy…
Nigeria’s revised Medium-Term Debt Management Strategy (MTDS) for 2024–2027 has stirred debate over the country’s…
Dollar Slips as Fed Rate Cut Bets Rise; Trump-Putin Summit in Focus
The U.S. dollar weakened on Friday, reversing gains from earlier in the week, as traders grew more confident that…
Xi Jinping Pushes AI Cooperation, Rejects ‘Cold War Mentality’ at SCO Summit in…
Chinese President Xi Jinping has called on members of the Shanghai Cooperation Organization (SCO) to deepen…
Union Bank completes merger with Titan Trust Bank
Union Bank of Nigeria has announced the successful completion of its merger with Titan Trust Bank Limited,…
Naira Strengthens to ₦1,531.57/$ as CBN Interventions and Rising Reserves Bolster…
The Nigerian naira appreciated to ₦1,531.57 per dollar on Friday, marking a 0.23% gain week-on-week in the…
NGX Revenue Jumps to N24bn on Bank Recapitalisation and New Listings
The Nigerian Exchange Group Plc (NGXGROUP) reported a significant revenue growth to N24 billion in the 2024…
Ghana Treasury Bills Undersubscribed by 50% as Yields Decline Across All Tenors
Treasury bill auctions in Ghana continue to struggle with weak investor demand, as the latest primary market…
Clearing Agents Urge Customs to Extend Deadline on 905 Overtime Cargoes in Lagos…
Licensed clearing agents have appealed to the Nigeria Customs Service (NCS) to extend its two-week ultimatum for…
Nigeria’s Internet Data Usage Hits Record High Despite Falling Subscriptions
Nigeria’s internet usage has reached a record peak even as millions of subscribers abandon telecom networks due to…
Nigerian Bank Customers Decry Failed USSD Transactions, Hidden Charges, and Demand…
Bank customers across Nigeria are raising concerns over rising cases of failed transactions and unexplained…