Nigerian Stock Market Hits Record High, Closes Above 131,000 Points
Nigerian stocks soared to new 2025 highs, extending gains amid bullish sentiment and sector strength.…
Trump’s GENIUS Act Could Reshape Africa’s Stablecoin Future — New Law Sparks Global Ripple Effects
As Trump signs the GENIUS Act, Africa’s digital dollar lifeline faces new U.S.-driven regulations, risks,…
Posted inEconomy Exchange NAIRA RATE Price Analysis
Naira to Trade Between ₦1,500–₦1,600 in H2 2025 Amid CBN Support and Oil Market Recovery
Analysts predict the naira will hover between ₦1,500–₦1,600 in H2 2025, buoyed by CBN interventions…
Posted inBanking Economy NAIRA RATE
CBN Sets July 2025 MPC Meeting to Decide Nigeria’s Next Interest Rate Direction
Nigeria’s Central Bank will hold its next Monetary Policy Committee meeting this July to review…
Posted inCrypto Economy Regulations
IMF Flags Crypto Surge in Nigeria: Risks to FX, Capital Flow, and Security
Crypto is exploding in Nigeria. The IMF warns: unchecked growth could destabilize the naira, fuel…
Tinubu Joins BRICS Summit to Promote Nigeria’s Economic Reforms and Global Competitiveness
President Tinubu arrives in Brazil for the BRICS Summit to showcase Nigeria’s reforms and push…
Posted inDiutolytics Research Economy
Nigeria Records $3.73 Billion Balance of Payments Surplus in Q1 2025
Nigeria posted a $3.73B balance of payments surplus in Q1 2025, driven by naira depreciation…
Posted inAfrica Economy Press Release
Kenya Becomes Africa’s Second-Highest IMF Debtor with $3.02 Billion Outstanding
Kenya now owes $3.02B to the IMF, ranking second in Africa and sixth globally, amid…
CBN Governor Calls for African Unity as Afreximbank Capital Surpasses $40 Billion
CBN Governor Yemi Cardoso urges African unity as Afreximbank’s capital surpasses $40B, calling for deeper…
Posted inBanking Economy NAIRA RATE
CBN Supervises Forbearance-Exposed Banks Amid Recapitalization Push to Strengthen Nigeria’s Financial Sector
CBN tightens oversight on forbearance-exposed banks, reinforcing capital buffers to safeguard Nigeria’s banking sector post-COVID…
NGX Group and SEC Forge China Ties to Boost Cross-Border Investments and Strengthen Nigeria’s Capital Market
Nigeria courts China with bold capital market diplomacy, aiming to unlock billions in investment and…
UN: Africa Bleeds $40 Billion Yearly From Extractive Sector, Urges Urgent Action
UN ECA warns Africa loses $40B yearly to extractive sector IFFs, calls for urgent reforms…
Nigeria’s Sovereign Sukuk Records N2.2 Trillion in Subscriptions, Oversubscribed by 735%
Nigeria’s Sovereign Sukuk hits N2.2 trillion in subscriptions, fueling nationwide infrastructure while showcasing massive investor…
SEC DG Emomotimi Agama Charts Future-Ready Vision for Nigeria’s Financial Markets at NCMA Awards
Nigeria’s SEC is charging ahead with digital innovation and regulatory reform to build a resilient,…
Kenya’s Diaspora Remittances Hit $423M in April, Surpass Traditional Exports
Kenya’s diaspora remittances hit record levels in April 2025, surpassing exports like tea and tourism…
Posted inEconomy Exchange NAIRA RATE
Naira Strengthens Slightly, Inflation Dips to 23.71%
The naira held steady at the official market, even as parallel rates slipped and inflation…
Posted inEconomy
Nigerian Stocks Rise 0.22%, ASI Nears 110,000
The Nigerian stock market climbed closer to the 110,000 mark on May 16, despite a…
Nigeria’s External Reserves Rebound by $364 Million, Breaking 2025 Downtrend
Nigeria’s external reserves post their first sustained rise in 2025, signaling a potential turning point…
Africa’s Billion-Dollar Gap: South Africa Leads, Others Trail
South Africa leads Africa's billion-dollar business landscape, exposing deep imbalances in investment and scalability across…
Posted inEconomy NAIRA RATE NEWS
CBN Set for 300th Monetary Policy Meeting
Nigeria’s Central Bank will hold its landmark 300th monetary policy meeting amid inflation worries and…
Posted inEconomy
Nigeria Fully Repays $3.4B IMF Loan, Still Owes $30M Annually in SDR Charges
Nigeria has cleared its $3.4 billion COVID-era loan from the IMF, signaling economic resilience amid…
Nigerian Equities Market Weekly Recap: ASI Hits 106,000+ as Consumer Goods Shine
Nigeria’s stock market edged higher this week as consumer goods stocks led gains, pushing the…
Nigeria’s New Tax Reform Bills: What Workers and Employers Should Expect
Nigeria’s tax reform bills aim to boost worker welfare, ease cost-of-living pressures, and reshape the…
Africa Largely Spared from U.S. Tariffs, But Trade Weakness Exposed — WTO’s Okonjo-Iweala
As U.S. tariffs shake the global economy, Africa appears mostly shielded—but the real challenge lies…