EU Commission Accuses Google Search and Google Play of Violating Digital Markets Act
The European Commission has issued preliminary findings against Alphabet Inc., the parent company of Google, accusing the tech giant of...
Naira Weakens in Nigerian FX Market as U.S. Fed Meeting Takes Center Stage
The Nigerian naira experienced a slight decline against the U.S. dollar in both the official and parallel foreign exchange markets...
NGX Downturn Deepens with N265 Billion Loss
The Nigerian Exchange (NGX) extended its losing streak on Tuesday, shedding N265 billion as weak investor sentiment continued to weigh...
Nigeria’s Inflation Rate Declines to 23.18% in February – NBS
Nigeria’s headline inflation rate eased to 23.18% in February 2025, down from 24.48% in January 2025, marking a 1.30% decline,...
Nigerian Stock Market Declines as Bearish Sentiment Continues
The Nigerian Exchange (NGX) extended its losing streak on Monday, shedding N8 billion as investors continued to react to prevailing...
KPMG Urges Nigerian Banks to Embrace Blockchain and Collaborate with Crypto Firms
KPMG has called on Nigerian banks to adopt blockchain technology and form strategic partnerships with cryptocurrency firms, emphasizing the need...
Naira Depreciates Below N1,600 Amid Forex Outflows and Global Trade War
The Naira has depreciated to N1,580 per dollar in the parallel market, marking its lowest value in five weeks, as...
States Plan N28.8 Trillion Infrastructure Spending Amid Funding Challenges
State governments across Nigeria have unveiled ambitious plans to address the nation’s infrastructure deficit, earmarking a combined N28.85 trillion for...
Nigeria Spends $817.4 Million on Debt Servicing in First Two Months of 2025
Nigeria has spent $817.4 million (approximately N1.26 trillion) on debt servicing in the first two months of 2025, according to...
Naira Remains Stagnant Despite Weakening U.S. Dollar Index
The Nigerian naira showed little movement in the foreign exchange (FX) market on March 13, 2025, despite a decline in...
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