Nigeria’s leading seaports, Apapa and Tin-Can Island, recorded a combined revenue of N1.1 trillion in the first quarter of 2025,...
Fitch Ratings has projected that Nigeria’s external debt service obligations will rise to $5.2 billion in 2025 as the country...
United Bank for Africa (UBA) has launched an upgraded version of its Point of Sale (PoS) terminal designed to enhance...
The Federal Government has announced its support for a $150 million lithium battery assembly plant in Lagos as part of...
Africa’s creator economy is on a growth trajectory with projections estimating the market will reach $17.84 billion by 2030, according...
President Bola Tinubu has signed the Economic Community of West African States (ECOWAS) Schedule of Tariff Offers establishing zero duties...
The ongoing trial of Jude Okoye, former manager of the P-Square musical group, took a new turn on Monday as...
As of Tuesday, April 15, 2025, the Dollar to Naira exchange rate in Nigeria’s black market continues to reflect volatility,...
Access Bank PLC, a subsidiary of Nigeria’s Access Holdings PLC, has secured final approval from Kenya’s key financial authorities to...
Goldman Sachs Group Inc. strategists, led by Kamakshya Trivedi, predict a potential dimming outlook for the dollar in 2024. Despite the greenback’s current strength, up approximately...
Moody’s Investors Service has issued a warning of a potential credit downgrade for the United States, citing expanding budget deficits and heightened political polarization. In a...
FTX, the cryptocurrency exchange that filed for Chapter 11 bankruptcy last November, has initiated a lawsuit against Bybit Fintech Ltd. and its affiliated entities, including Mirana...
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Abokifx) today? As of November 10th, 2023, the dollar...
A recent analysis of data from the Central Bank of Nigeria (CBN) indicates that the total balance in domiciliary accounts within the nation’s commercial and merchant...
African fintech firm Flutterwave can breathe a sigh of relief as the high court in Kenya has granted the country’s Asset Recovery Agency (ARA) permission to...
Paystack, the Nigerian fintech firm owned by Stripe, has unveiled a direct debit product for Nigerian businesses. This feature will enable businesses to charge customers’ bank...
As an investor, it’s important to be aware of the seasonal trends that can impact the market and your portfolio. By understanding and anticipating seasonal shifts,...
Nigeria’s oil marketers, particularly members of the Independent Petroleum Marketers Association of Nigeria (IPMAN), are increasingly divesting from their filling stations due to the ongoing scarcity...
Edo State, under the leadership of Governor Mr. Godwin Obaseki, has successfully attracted over $660 million in investments within the oil palm sector, with Canada-based Sunora...
