Posted inAfrica Economy Events Top News BRICS Expansion 2025: 11 Members, 32 More Nations in Line to Join Posted by By Akachukwu Chukwuma 10/08/2025 BRICS expands to 11 members, with 32 more nations seeking to join the influential economic…
Posted inBanking Economy Events CBN Concludes FX Forward Audit, Refunds Banks in Naira Posted by By Akachukwu Chukwuma 06/08/2025 The CBN has refunded naira to banks after closing its audit into failed FX forward…
Posted inEconomy Exchange Price Analysis Trading Nigerian Stock Market Surges 16.57% in July, Best Month of 2025 Posted by By Akachukwu Chukwuma 02/08/2025 Nigerian equities posted their strongest 2025 monthly gain in July, fueled by surging investor activity…
Posted inAfrica Economy South Africa Slapped With 30% U.S. Tariff Amid Trade Tensions Posted by By Akachukwu Chukwuma 01/08/2025 Trump's new tariffs hit African exports hard, especially South Africa, shaking up Agoa trade…
Posted inEconomy Exchange NAIRA RATE Trading Naira Rallies as Dollar Supply Improves Posted by By Akachukwu Chukwuma 30/07/2025 Naira gains strength as dollar inflows rise, forex policies tighten, and speculation crackdown boosts investor…
Posted inAfrica Economy South Africa Pushes for U.S. Trade Deal Ahead of Tariff Deadline Posted by By Akachukwu Chukwuma 29/07/2025 South Africa races to secure a trade deal with the U.S. before steep tariffs hit…
Posted inEconomy Exchange Trading Nigerian Stock Market Hits Record High, Closes Above 131,000 Points Posted by By Akachukwu Chukwuma 20/07/2025 Nigerian stocks soared to new 2025 highs, extending gains amid bullish sentiment and sector strength.…
Posted inCrypto Economy Events Opinion Trump’s GENIUS Act Could Reshape Africa’s Stablecoin Future — New Law Sparks Global Ripple Effects Posted by By Akachukwu Chukwuma 19/07/2025 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 Posted by By Akachukwu Chukwuma 16/07/2025 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 Posted by By Akachukwu Chukwuma 13/07/2025 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 Posted by By Akachukwu Chukwuma 09/07/2025 Crypto is exploding in Nigeria. The IMF warns: unchecked growth could destabilize the naira, fuel…
Posted inAfrica Economy Events Opinion Politics Trump Threatens 10% Tariff on BRICS-Aligned Nations Amid Crypto-Fueled De-Dollarization Push Posted by By Akachukwu Chukwuma 07/07/2025 President Trump has threatened tariffs on BRICS-aligned nations, complicating crypto diplomacy amid rising tensions over…
Posted inEconomy Events Tinubu Joins BRICS Summit to Promote Nigeria’s Economic Reforms and Global Competitiveness Posted by By Akachukwu Chukwuma 05/07/2025 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 Posted by By Akachukwu Chukwuma 29/06/2025 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 Posted by By Akachukwu Chukwuma 28/06/2025 Kenya now owes $3.02B to the IMF, ranking second in Africa and sixth globally, amid…
Posted inBanking Economy CBN Governor Calls for African Unity as Afreximbank Capital Surpasses $40 Billion Posted by By Akachukwu Chukwuma 25/06/2025 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 Posted by By Akachukwu Chukwuma 19/06/2025 CBN tightens oversight on forbearance-exposed banks, reinforcing capital buffers to safeguard Nigeria’s banking sector post-COVID…
Posted inEconomy Events NEWS NGX Group and SEC Forge China Ties to Boost Cross-Border Investments and Strengthen Nigeria’s Capital Market Posted by By Akachukwu Chukwuma 15/06/2025 Nigeria courts China with bold capital market diplomacy, aiming to unlock billions in investment and…
Posted inEconomy Exchange UN: Africa Bleeds $40 Billion Yearly From Extractive Sector, Urges Urgent Action Posted by By Akachukwu Chukwuma 06/06/2025 UN ECA warns Africa loses $40B yearly to extractive sector IFFs, calls for urgent reforms…
Posted inEconomy Exchange Nigeria’s Sovereign Sukuk Records N2.2 Trillion in Subscriptions, Oversubscribed by 735% Posted by By Akachukwu Chukwuma 28/05/2025 Nigeria’s Sovereign Sukuk hits N2.2 trillion in subscriptions, fueling nationwide infrastructure while showcasing massive investor…
Posted inBanking Economy SEC DG Emomotimi Agama Charts Future-Ready Vision for Nigeria’s Financial Markets at NCMA Awards Posted by By Akachukwu Chukwuma 25/05/2025 Nigeria’s SEC is charging ahead with digital innovation and regulatory reform to build a resilient,…
Posted inAfrica Economy Kenya’s Diaspora Remittances Hit $423M in April, Surpass Traditional Exports Posted by By Akachukwu Chukwuma 18/05/2025 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% Posted by By Akachukwu Chukwuma 18/05/2025 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 Posted by By Akachukwu Chukwuma 17/05/2025 The Nigerian stock market climbed closer to the 110,000 mark on May 16, despite a…
Posted inBanking Economy Nigeria’s External Reserves Rebound by $364 Million, Breaking 2025 Downtrend Posted by By Akachukwu Chukwuma 16/05/2025 Nigeria’s external reserves post their first sustained rise in 2025, signaling a potential turning point…