Inside OpenAI’s Race for the Ultimate AI Agent: Reasoning Models, Reinforcement…
OpenAI’s quest for general-purpose AI agents began quietly with an internal team called MathGen. Their focus was…
CBN’s FX Code Sparks Naira Rally, Market Stability, and Investor Confidence
Six months after the Central Bank of Nigeria (CBN) launched the Nigerian Foreign Exchange Code (FX Code), the…
IMF Upgrades Nigeria’s 2025 Growth Forecast Amid Easing Inflation, Currency…
The International Monetary Fund (IMF) has revised its 2025 economic growth forecast for Nigeria upward, projecting…
Forex Inflows Drop 20.9% in July Despite Market Optimism, Naira Shows Modest Gains
Foreign exchange inflows into the Nigerian Foreign Exchange Market (NFEM) declined sharply by 20.9% in July 2025,…
Nigeria’s Business Confidence Climbs for Sixth Month in 2025; Manufacturing Sector…
Nigeria’s Business Performance Index showed sustained growth for the sixth consecutive month in June 2025,…
Trump Hits India with Steep Tariffs as New Delhi Holds Firm on Trade Deal
U.S. President Donald Trump announced 25% tariffs on imports from India alongside an unspecified penalty, aiming…
DMO Opens August 2025 FGN Savings Bonds with Up to 15.4% Interest Amid Declining…
The Debt Management Office (DMO) has announced the opening of the August 2025 Federal Government of Nigeria (FGN)…
FBNQuest Forecasts 3.4% GDP Growth for Nigeria in 2025, Naira to Weaken to…
Analysts at FBNQuest Merchant Bank project that Nigeria’s economy will maintain its recovery in 2025, with real…
How AI and RegTech Are Transforming Compliance for Nigerian Startups – Expert…
As Nigeria’s fintech industry matures, startups are experiencing increasing regulatory scrutiny from agencies like…
Malaysia Strikes $150 Billion Tech and LNG Deal with U.S. to Ease Tariff Pressure
Malaysia has agreed to spend up to $150 billion over the next five years on U.S. technology and…
Banks Unlikely to Cut Lending Rates Despite BoG’s Aggressive Rate Slash –…
Despite the Bank of Ghana's (BoG) bold decision to cut the policy rate by 300 basis points to 25 percent,…
NNPC Raises Petrol Price to N890/Litre, Surpassing Market Average Amidst…
The Nigerian National Petroleum Company (NNPC) Ltd has increased the pump price of Premium Motor Spirit (PMS),…
Nigerian Businesses Struggle with Credit Crunch Despite Rising Optimism —…
Nigerian businesses experienced a deepening credit crunch in June 2025 despite signs of robust economic recovery,…
Nigerian Stock Market Hits Record High as NGX Gains 5.07%, Adds ₦4.32 Trillion in…
The Nigerian Exchange (NGX) continued its remarkable bullish run, marking its tenth consecutive week of gains. The…
US Tariff Hike Prompts Nigerian Insurance Sector to Strengthen Risk Management…
The Nigerian insurance industry has been advised to bolster its risk management frameworks in response to a 15%…
Marketers seek unified distribution plan with Dangote Refinery
Oil marketers under the Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) are urging the Dangote…
Africa Creative Market 2025 to Drive Export Growth and Global Investment
The Africa Creative Market (ACM) has announced that its 2025 edition will be centered on expanding Africa’s…
FG’s Forex Windfall Plummets 73% in H1 2025 Amid Exchange Rate Realignment
Nigeria’s federal government saw a sharp 73% decline in foreign exchange (FX) gains during the first half of 2025,…
Farmers Reject Anchor Borrowers’ Scheme as CBN Ends Intervention Efforts
The Anchor Borrowers’ Programmer (ABP), introduced by the Central Bank of Nigeria (CBN) in 2015 to boost…
Banks Flood CBN with N79.8 Trillion in Deposits Amid Surging Liquidity and Tight…
Banks’ deposits with the Central Bank of Nigeria (CBN) skyrocketed by 783.7% year-on-year to N79.8 trillion in the…
Meta to Invest $72 Billion in 2025 Amid AI Infrastructure Boom
Meta Platforms Inc. announced it will increase its capital expenditure to as much as $72 billion in 2025, driven…
Africa’s Fintech Sector Dominates Startup Funding with $640 Million in H1 2025
Africa’s fintech industry reclaimed its position as the continent’s leading startup funding recipient in the first…
Trump Raises Nigerian Import Tariffs to 15% Amid Escalating Trade Disputes
U.S. President Donald Trump signed an executive order on July 31 increasing tariffs on Nigerian imports from 14 to…
FCMB Group Reports ₦79.3 Billion Profit Before Tax in H1 2025
FCMB Group Plc posted a profit before tax (PBT) of ₦79.3 billion for the first half of 2025, representing a 23%…
EU Signals Tighter Scrutiny on Big Tech “Acquihire” Deals to Preserve Competition
The European Commission is ramping up scrutiny on Big Tech’s “acquihire” practices where companies hire start-ups’…
Asian Markets Brace for Sharp Decline as US Tariffs Escalate Trade Tensions
Asian shares are on track for their worst weekly drop since April following the US government's decision to impose…
Forex Access Challenges Persist Despite Cedi Gains — Ghana Importers and Exporters…
The Importers and Exporters Association of Ghana has expressed serious concern over ongoing difficulties in…
Ghana, UK Renew Commitment to Stronger Trade Ties Under Partnership Agreement
Ghana is accelerating preparations to fully implement the Ghana–UK Trade Partnership Agreement (TPA) following key…
Naira Ends July Slightly Weaker at ₦1,533.55/$ Despite Signs of Stability
The Nigerian naira closed July 2025 at ₦1,533.55 to the US dollar in the official market, slipping by 0.25% from…
NGX Wraps Up Bullish July with N12.62tn Surge, All-Time Highs Set Ahead of…
The Nigerian Exchange (NGX) ended July 2025 on a powerful bullish streak, with market capitalization surging by a…