NIBSS Launches ISO 20022-Compliant National Payment Stack to Revolutionize Digital…
The Nigeria Inter-Bank Settlement System (NIBSS) has officially launched the National Payment Stack (NPS), an…
China Likely to Hold Lending Rates Steady Amid Trade Truce and Recent Easing…
China is expected to keep its key lending rates unchanged during its upcoming monthly review, following…
EU Court Adviser Backs €4.1 Billion Antitrust Fine Against Google Over Android…
Alphabet’s Google is facing a significant legal challenge in Europe as a top adviser to the European Union’s…
Geopolitical Tensions and Central Bank Decisions Keep Global Markets on Edge
Global financial markets remain cautious as geopolitical uncertainty surrounding potential U.S. military action in…
Senate Demands Explanation from NNPCL Over Missing N210 Trillion in Financial…
The Nigerian Senate has issued a one-week ultimatum to the Nigerian National Petroleum Company Limited (NNPCL) to…
Experts Urge African Organisations to Embrace Digital Transformation for Economic…
Organisations and government agencies across Africa have been strongly encouraged to prioritise digital…
Nigerian Stock Market Rebounds as Access, FCMB, and Fidelity Bank Assure CBN…
The Nigerian stock market saw a significant rebound after major banks including Access Holdings, FCMB Group, and…
CBN Halts Banks’ Foreign Investments, Dividends & Bonuses Amid Market Activity…
In a directive issued on June 13, 2025, the Central Bank of Nigeria (CBN) announced a temporary suspension on…
FAAC Distributes N1.65 Trillion in May Amid Boost in VAT and Oil Derivation Funds
In May 2025, the Federation Account Allocation Committee (FAAC) disbursed N1.65 trillion to Nigeria’s federal,…
Japan Cuts Super-Long Bond Sales by 10% to Stabilize Market Amid Rising Yields
In a significant shift to its fiscal strategy, the Japanese government plans to cut sales of its super-long bonds…
Fed Holds Rates, Warns of Inflation and Slower Growth Amid Global Tensions
The U.S. Federal Reserve has decided to keep interest rates steady between 4.25% and 4.5%, maintaining its…
Apple Explores Generative AI to Accelerate Custom Chip Design, Says Tech Chief
Apple is exploring the use of generative artificial intelligence to enhance the design process of its custom…
Ghana’s Producer Inflation Falls to 10.2% in May 2025: Lowest Since 2023 Amid…
Ghana’s producer price inflation (PPI) dropped sharply to 10.2% in May 2025 from 18.5% in April, marking the…
Nigerian Power Sector and Government Lag Behind in Digital Resilience, NESG Warns
At a biennial lecture in Lagos organized by the Chartered Institute of Directors, the CEO of the Nigerian Economic…
Equity Market Soars as Oil, Insurance Stocks Drive N1.18tn Rally
The Nigerian Exchange (NGX) witnessed a robust performance on Wednesday, marking a major rebound with the market…
Intel Bolsters Leadership with Key Engineering Hires Under CEO Tan’s Turnaround…
Intel has announced the hiring of three prominent executives from the chip industry as part of CEO Lip-Bu Tan’s…
CBN Introduces Targeted Measures for Select Banks Amid Sector Reform
The Central Bank of Nigeria (CBN) has issued new transitional guidelines targeted at a select number of banks as…
Corporate Stablecoin Adoption Set to Surge as U.S. Senate Approves Regulatory…
The U.S. Senate has passed a bill that could significantly shape the future of stablecoins, marking a major…
Yelwata: Killing of over 200 Christians in Benue shocking – Mexican Bishops
In the wake of a horrific massacre that claimed the lives of over 200 Christians in Yelwata, Guma Local Government…
USSD Now Costs ₦6.98 per 2 Minutes as Direct User Billing Begins Nationwide
Starting June 18, 2025, Nigerians using USSD codes for mobile banking and other digital transactions will now pay…
Tensions Escalate as Trump Mulls Iran Strike, Markets React Sharply
Hopes for a ceasefire between Israel and Iran took a blow after U.S. President Donald Trump made inflammatory…
Experts Highlight Urgent Need for AI Infrastructure at Lagos Tech Forum
Global infrastructure company Vertiv, in collaboration with Africa Hyperscalers and Turner & Townsend, is…
BoG Maintains Flexible Exchange Rate Policy, Rejects Fixed Band Approach, Governor…
The Governor of the Bank of Ghana, Dr. Johnson Asiama, has stated that the central bank is not targeting a fixed…
Naira Strengthens Below N1,600/$ as U.S. Dollar Falters Amid Global Uncertainty
The Nigerian naira continued its strong performance in the parallel market, breaking the N1,600/$ resistance level…
FG Targets N100 Billion in June Bond Auction to Fund 2025 Budget
The Federal Government of Nigeria, via the Debt Management Office (DMO), has announced plans to raise N100 billion…
Nigeria Takes Key Role in Global Push to Connect 2.6 Billion Offline People
Nigeria has reclaimed a leading position in global digital policy as Dr. Bosun Tijani, the Minister of…
CBN Sells N7.9 Trillion in Treasury Bills, Rejects N12.2 Trillion in Bids Amid…
In a move reflecting rising investor appetite for naira-denominated assets amid persistent inflation, the Central…
NGX Sheds N183bn as Blue-Chip Stocks Tumble Amid Bearish Sentiment
The Nigerian Exchange Limited (NGX) suffered a significant blow on Tuesday, losing N183 billion in market value as…
Telcos Hail New USSD Billing Rule as NCC, CBN Tackle Bank Payment Default
The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has endorsed a new billing framework…
China Pushes Digital Yuan and Multi-Polar Currency System Amid Global Shift
China’s central bank has reaffirmed its commitment to promoting the digital yuan (e-CNY) internationally, with…