CBN Cuts Interest Rate to 27% as OPS Seeks Real Credit Relief for Businesses
The Central Bank of Nigeria (CBN) has lowered its benchmark interest rate to 27 per cent, marking its first cut of…
Investors Lose ₦322bn as NGX Slumps for Second Day Amid Weak Sentiment
The Nigerian Exchange (NGX) sustained its bearish run on Tuesday, with investors losing about ₦322 billion in…
Nigerian Stocks Shed ₦220bn as Investors Book Profits Ahead of MPC Rate Decision
The Nigerian Exchange (NGX) witnessed a sharp pullback on Tuesday, wiping ₦220 billion off its market…
European Stocks Dip as Powell Flags High Valuations; Defense Shares Rally on…
European markets slipped on Wednesday morning as investors digested a warning from U.S. Federal Reserve Chair…
Champion Breweries Reports 111% Revenue Surge, 692% Profit Growth After Bullet…
Champion Breweries Plc has posted a remarkable 111 per cent rise in revenue and a 692 per cent jump in profit…
14 banks have met capital requirement, says Cardoso
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says about 14 banks have met the regulatory…
BREAKING: CBN cuts interest rate to 27% — first in 2025
The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has reduced interest rates from 27.5…
Chagoury, the Lebanese -Nigerian industrialist
Gilbert Ramez Chagoury, a Lebanese-born entrepreneur, has built a remarkable bridge between his hometown of…
Inside the Multi-Trillion-Dollar Race to Build AI Infrastructure: Microsoft,…
Tech giants are pouring unprecedented sums into AI infrastructure, sparking a new gold rush in data centers and…
CBN MPC Meets to Decide Nigeria’s Interest Rates Amid Easing Inflation and Rising…
The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) is meeting this week to decide on the nation’s…
Champion Breweries to Raise ₦103 Billion for Bullet Energy Drink Acquisition and…
Champion Breweries Plc has unveiled an ambitious plan to raise ₦103 billion to finance the acquisition of Bullet…
Nigeria–UAE Non-Oil Trade Hits Record $4.3 Billion, Eyes Deeper Economic…
Trade relations between Nigeria and the United Arab Emirates (UAE) reached a historic milestone in 2024, with…
GoldBod and GCX Move to Launch Regulated Gold Trading Platform in Ghana
The Ghana Gold Board (GoldBod) and the Ghana Commodity Exchange (GCX) have begun formal talks to introduce a…
Ghana’s $3.5bn Food Import Bill at Risk of Rising Amid Galamsey Pollution Crisis
Peasant farmers in Ghana are warning that the country’s already staggering annual food import bill of over $3.5…
MTN Nigeria on Track for ₦5 Trillion Revenue as Data Becomes Its New Growth Engine
MTN Nigeria Communications Plc is rewriting the playbook for telecoms in Africa’s largest market. The company…
Nigeria’s ICT Sector Sustains Strong Real GDP Growth, Driving Non-Oil Economy in…
Nigeria’s Information and Communication Technology (ICT) sector continued its upward trajectory in the second…
Haruna Musa on Transforming Jaiz Bank: Driving Innovation, Integrity and the…
Nigeria’s fast-changing financial sector is under pressure to innovate and rebuild public trust, and Jaiz Bank has…
Indian Tech Stocks Tumble Nearly 3% After Trump’s $100,000 H-1B Visa Fee Hits IT…
Indian technology stocks slid sharply on Monday, falling almost 3%, after U.S. President Donald Trump announced a…
Nigeria’s Finance and Insurance Sector Surges 16.13% in Q2 2025, Strengthening GDP…
Nigeria’s Finance and Insurance sector recorded a real growth of 16.13% in the second quarter of 2025, according…
UK and US Launch Joint Taskforce to Ease Capital Market Access and Regulate…
The United Kingdom and the United States have joined forces to make it easier for businesses to raise funds on…
Nigeria’s Foreign Reserves Surge to $42bn – Six-Year High Boosts Naira Stability…
Nigeria’s external reserves have soared past the $42 billion mark for the first time since September 2019, hitting…
Nigeria SEC Approves Mark-to-Market Valuation for Bonds, Ushers in Transparency…
The Securities and Exchange Commission (SEC) of Nigeria has approved a landmark reform requiring fund managers to…
Canal+ Completes R35 Billion Takeover of MultiChoice to Boost African TV Market
French media powerhouse Canal+ has officially completed its R35 billion ($2.02 billion) takeover of South Africa’s…
Nigeria’s GDP Surges 4.32% in Q2 2025 as Oil and Non-Oil Sectors Drive Growth
Nigeria’s economy has demonstrated strong resilience in the second quarter of 2025, with Gross Domestic Product…
NNPC, PETROAN Push for Technical and Equity Partnership to Revive Port Harcourt…
Oil marketers under the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) have called on…
Silicon Valley Invests Heavily in AI ‘Environments’ to Train Smarter Agents
Silicon Valley is placing a big bet on a new frontier in artificial intelligence: reinforcement learning (RL)…
NES #31 to Spotlight Investment Opportunities Amid Global Trade Shifts in Nigeria
As Nigeria gears up for the 31st Nigerian Economic Summit (NES #31) from October 6–8, 2025, the spotlight is on…
Nigeria’s E-Commerce Market Set to Surpass $16 Billion by 2030, Fueled by Jumia,…
Nigeria’s e-commerce market is on a steep growth trajectory, projected to exceed $16 billion by 2030, according to…
CBN Mandates Early CEO Approvals for Systemically Important Banks to Strengthen…
The Central Bank of Nigeria (CBN) has introduced a landmark directive aimed at fortifying governance and stability…
FG Revokes 1,263 Mineral Licenses to Boost Compliance and Attract Genuine…
The Federal Government has revoked 1,263 mineral licenses across Nigeria in a major crackdown on non-compliant…