Nigeria’s N149.39tn Public Debt Triggers Alarms Over Sustainability and…
Nigeria’s public debt surged to ₦149.39 trillion as of March 31, 2025, sparking serious concerns from experts over…
Treasury Yields Dip as Trump’s $3.9 Trillion Spending Bill Awaits Senate Decision
U.S. Treasury yields edged lower on Monday morning as market participants closely watched developments surrounding…
ATII to Spearhead Africa’s Tech-Driven Industrial Revolution at Inaugural African…
The African Technology and Innovation Institutes (ATII) has announced the inaugural African Industrial Forum…
Global Central Bankers Face Rising Questions on Dollar Dominance at Sintra Summit
Top central bankers from the U.S., euro zone, Japan, Britain, and South Korea are gathering in Sintra, Portugal,…
FCMB Launches Sangotedo Branch to Boost Economic Growth in Lagos
First City Monument Bank (FCMB) officially opened a new branch in Sangotedo, Lagos, on June 26, 2025, as part of…
Parliament Urges Bank of Ghana to Safeguard Cedi Gains Amid Global Trade Dynamics
The Trade, Industry and Tourism Committee of Ghana’s Parliament has urged the Bank of Ghana (BoG) to intensify its…
‘Dangote’s Investment Of N720bn On CNG Trucks To Save Nigerians N1.7trn’
Dangote Petroleum Refinery has invested over N720 billion in the deployment of 4,000 Compressed Natural Gas…
FinTech Seeks Improved Data Ecosystem For Credit Score Metrics
The Managing Director of Sofri, Mr. Paul Adebayo, has emphasized the urgent need for a more robust and efficient…
Bullish Momentum Persists in Nigerian Bond Market as Yields Drop to 18.38%
Nigeria’s bond market extended its bullish streak last week as investors continued to show strong demand for…
Nigerian Stock Market Dips by N308bn as Investors Take Profits in Large-Cap Stocks
The Nigerian equity market reversed its recent bullish trend on Thursday, recording a significant loss…
Cardoso Stresses Institutional Resilience as Foundation for Africa’s Economic…
At the 2025 Annual Meetings of the African Export-Import Bank (Afreximbank) in Abuja, the Governor of the Central…
US Stock Futures Climb as Micron Boosts AI Optimism; Investors Eye GDP and Fed…
U.S. stock futures advanced on Thursday, buoyed by strong earnings from Micron Technology that sparked investor…
AfCFTA Urges Africa to Cut Dollar Dependence and Embrace Local Currencies to Boost…
At the 2025 Afreximbank Annual Meetings in Abuja, Wamkele Mene, Secretary General of the African Continental Free…
Nigeria’s Bond Market Booms as Inflation Eases: DMO Auction Sees 603%…
The Debt Management Office (DMO) of Nigeria experienced an overwhelming response at its June 2025 bond auction,…
Africa Received $95 Billion in 2024 Remittances as Nigeria, Egypt Lead Inflows –…
In 2024, Africa recorded over $95 billion in remittance inflows, nearly matching total foreign direct investment…
Afreximbank Disburses $18.7 Billion to Boost African Trade and Integration
The African Export-Import Bank (Afreximbank) announced that it disbursed $18.7 billion in 2023 to support trade,…
Treasury Yields Dip as Trump Targets Fed Chair Powell Amid Economic and…
U.S. Treasury yields dropped on Thursday amid rising political tension surrounding Federal Reserve Chairman Jerome…
Trump-Backed Crypto Firm Plans Stablecoin Audit and New App Amid Token Trade…
World Liberty Financial (WLF), the cryptocurrency platform backed by U.S. President Donald Trump, is planning to…
China’s Biren Technology Secures $207 Million, Eyes Hong Kong IPO Amid Chip Race
Biren Technology, a Chinese artificial intelligence (AI) chip startup, has raised 1.5 billion yuan (approximately…
Half of Global Companies Pay Ransom as Cyber Threats Surge: Sophos 2025 Report
Nearly 50 percent of global companies opted to pay ransoms in 2025 following ransomware attacks, according to…
AI Investment Crucial for Ghana’s Digital Future, Says Mpontu CEO
The CEO of Mpontu Technologies, Stephane Nwolley, has urged the Ghanaian government to prioritize strategic…
NGX Soars by N1.18tn as Oando, Banking, and Consumer Stocks Fuel Bullish Momentum
The Nigerian Exchange (NGX) experienced a significant surge on Wednesday, June 26, 2025, with the market…
Nigerian, Kenyan, Rwandan Startups Lead Google’s Africa AI Accelerator 2025
Google has announced the 15 startups selected for the ninth edition of its Google for Startups Accelerator:…
Meta Wins Copyright Battle Over AI Training; Judge Cites Weak Author Arguments
Meta Platforms has won a significant legal victory in a U.S. federal court after a judge ruled against a group of…
Microsoft Faces Lawsuit Over Alleged Use of Pirated Books to Train AI Model…
Microsoft is facing a lawsuit from a group of authors who allege the tech giant used pirated copies of their books…
Investors Brace for Summer Market Volatility Amid Geopolitical and Trade Risks
As summer trading volumes typically thin out, global investors are preparing defensively against a potential…
SEC Urges Nigerians to Harness Demographic Dividend for Economic Growth and…
The Securities and Exchange Commission (SEC) has called on Nigerians to take advantage of the country’s youthful…
Nigeria’s $5 Billion Startup Dream Faces Setback Amid Economic, Regulatory…
Nigeria’s ambition to raise $5 billion in startup funding by 2027 is looking increasingly unrealistic as…
Naira Strengthens Below N1,600/$ as U.S. Dollar Hits 3-Year Low Amid Global…
The Nigerian naira gained ground against the U.S. dollar, breaking below the N1,600/$ threshold in the black…
Africa Sets Sights on $712 Billion Digital Trade Boom by 2035 with AfCFTA
Africa is strategically aligning itself to tap into a projected $712 billion digital trade market by 2035 through…