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Emerging Tech Startups Reshaping the African Economic Landscape
A wave of innovative tech startups emerged across Africa, significantly transforming the continent's economic landscape. These companies are leveraging technology to address longstanding...
Revolutionary Solar Projects Transforming Rural Communities Across Africa
In recent years, solar energy projects have been transforming rural communities across Africa, providing reliable electricity and fostering economic development. In Hakwata village,...
Central Bank Policy Ces: How They’re Impacting the Naira
In recent months, Nigeria's Central Bank has implemented a series of policy reforms aimed at stabilizing the naira and addressing the nation's economic...
Nigeria approves $652 million China Exim Bank road finance package
Nigeria has approved a $652 million funding package from China Exim Bank to construct a critical road connecting the Lekki Deep Sea Port...
China is fast-tracking the consolidation of its financial sector to rival Western banking giants
China is accelerating the consolidation of its financial sector, aiming to create globally competitive institutions capable of rivaling Western banking giants. This strategic...
Nigerian Banks Hike SMS Alert Fees to N6 from May 1 Amid Telecom Tariff Increase
Deposit Money Banks (DMBs) in Nigeria, including Guaranty Trust Bank (GTBank) and Ecobank, implemented a 50% increase in SMS transaction alert fees, raising...
Dangote Cement’s Decline Leads N202bn Loss on NGX, Market Breadth Stays Positive
The Nigerian Exchange Limited (NGX) recorded a N202 billion loss on Friday, April 25, 2025, ending a three-day bullish streak, primarily driven by...
Fidelity Bank Plc Plans to Boost Share Capital to N36.7 Billion
Fidelity Bank Plc has declared its intention to elevate its issued share capital from N26.7 billion to N36.7 billion. This decision was made...
Israel Releases 90 Palestinian Prisoners Following Hostage Return and Ceasefire
Early Monday morning, Israel released 90 Palestinian prisoners in response to the return of three Israeli hostages freed by Hamas, an action that...
Naira Strengthens in Parallel Market but Depreciates in Official FX Market
The Naira appreciated marginally in the parallel market yesterday, improving to ₦1,660 per dollar from ₦1,662 per dollar recorded over the weekend. However,...
