Ghana Reference Rate Rises Slightly to 17.93% in November as Market Pressures Ease
The Ghana Reference Rate (GRR) — the key benchmark used by commercial banks to set lending rates — has edged up…
Tesla Shareholders Approve Elon Musk’s Record $1 Trillion Pay Package Amid…
Tesla shareholders have officially approved CEO Elon Musk’s record-breaking $1 trillion pay package, solidifying…
Northern Manufacturers Applaud 15% Fuel Import Tariff as Boost for Local Refining…
Industrialists across Northern Nigeria have endorsed the Federal Government’s introduction of a 15% import duty on…
Nigeria’s Top Banks Earn N4.8 Trillion from Fixed-Income Investments in 9 Months
Nigeria’s biggest lenders — First HoldCo, UBA, GTCO, Access Corporation, and Zenith Bank, collectively known as…
Nigerian Stock Market Sheds N1.8 Trillion in Four Days Amid Capital Gains Tax…
The Nigerian Exchange (NGX) suffered another bruising week as panic-driven sell-offs erased about N1.8 trillion in…
Over 700 SMEs Receive ₦1.1 Trillion Boost as Nigeria’s Impact Investing Market…
Over 700 small and medium enterprises (SMEs) across Nigeria have received a combined ₦1.1 trillion in funding…
China and Nigeria Strengthen Economic Partnership to Boost Global Supply Chain…
China has reaffirmed its commitment to bolstering economic and industrial cooperation with Nigeria, with a pledge…
Nigeria Poised for Oil Output Boost as NUPRC Confirms Readiness of EMEM FPSO…
Nigeria’s crude oil output is set for a major surge as the Nigerian Upstream Petroleum Regulatory Commission…
U.S. Dollar Falls as Weak Jobs Data Sparks Rate Cut Bets
The U.S. dollar fell sharply in early Asian trading on Friday, leading losses across major currencies as investors…
UPDC, FCMB Lead Market Gainers as All-Share Index Slips 0.36% Amid Weak Trading…
The Nigerian stock market closed on a bearish note on Thursday, November 6, 2025, as the All-Share Index fell by…
Inflation Pushes More Nigerians Into Energy Poverty, Says NISO
Rising inflation and falling household incomes are driving millions of Nigerians deeper into energy poverty,…
Nigeria’s Eurobond Success Set to Boost FX Reserves to $45 Billion by Year-End
Nigeria’s foreign exchange reserves are on track to hit $45 billion by the end of 2025, buoyed by strong investor…
Oando suspends petrol imports as Dangote raises output
Oando Plc has officially suspended its petrol importation amid the rising influence of the Dangote Refinery, which…
Tinder to use AI to get to know users, tap into their Camera Roll photos
Tinder is betting big on artificial intelligence to revive its slowing growth. After reporting nine consecutive…
Nigeria’s AI Growth Faces Funding Crisis Despite Strong Implementation, Report…
Nigeria has emerged as West Africa’s frontrunner in artificial intelligence (AI) adoption and investment, but its…
Biased Credit Ratings Cost Africa $75 Billion Annually, Experts Warn
Experts have sounded the alarm over the economic toll of biased credit ratings in Africa, revealing that the…
Nigeria’s GDP Forecast to Grow 3.7% in Q4 2025 as Fiscal Reforms Boost Revenue and…
Nigeria’s economy is set to close 2025 on a positive note, with analysts projecting a 3.7% Gross Domestic Product…
Federal Government Launches Digital Project Board to Boost Nigeria’s Equipment…
The Federal Government has inaugurated a ministerial project approval board to drive digital transformation in…
Afreximbank Pushes for Stronger Trade Finance to Drive Inclusive Growth Across…
The African Export-Import Bank (Afreximbank) has reiterated its commitment to strengthening trade finance across…
Nigerian Stock Market Suffers N1.3 Trillion Loss as Sell Pressure Deepens
The Nigerian stock market faced another tough session as sustained sell-offs dragged the market further into…
Asia-Pacific Stocks Rise as AI Boom Fuels Market Rebound; Japan and Hong Kong Lead…
Asia-Pacific markets advanced on Thursday, echoing Wall Street’s strong performance as artificial intelligence…
Investors Lose N1.3 Trillion as Market Anxiety Deepens Amid Policy Uncertainty and…
The Nigerian stock market took a sharp tumble on Wednesday, with investors losing a staggering N1.3 trillion in…
$500m Sukuk Boosts Ethical Finance Growth in Nigeria – SEC
The Securities and Exchange Commission (SEC) has announced that the approval of a $500 million international Sukuk…
Nigeria to Invest ₦12 Billion in Digital Economy Research as Telecom Sector Sees…
The Nigerian government has unveiled plans to invest ₦12 billion in digital economy research and telecom…
Nigeria’s Non-Interest Capital Market Surges to ₦1.6 Trillion as SEC Pushes…
Nigeria’s non-interest capital market has expanded to over ₦1.6 trillion, highlighting its increasing impact on…
CBN’s Fixed Income Reform Sparks Regulatory Tension as Banks Rake In ₦4.8 Trillion…
The Central Bank of Nigeria’s (CBN) plan to assume control over the nation’s fixed-income market has ignited…
European Markets Struggle for Direction as Earnings Season and Rate Decisions Take…
European stock markets opened cautiously on Thursday, with investors treading carefully amid a wave of corporate…
Nigeria’s Telecom Subscribers Hit 173 Million as Broadband Expansion Gains…
Nigeria’s telecommunications industry continued its upward trajectory in the third quarter of 2025, with active…
OPEC Urges Nigeria to End Crude Exports, Focus on Local Refining and Value…
The Chairman of the OPEC Board of Governors for 2025, Adeyemi-Bero, has called on Nigerian oil producers to stop…
Senate uncovers $303bn crude oil diversion under NNPC’s DSDP scheme
A forensic review conducted by consultants to the Senate Ad-hoc Committee on oil theft has uncovered staggering…