Nigerian technology company, Termii, has been ranked number one in the media and telecommunications category and 10th overall on the 2025 Financial Times list of Africa’s Fastest-Growing Companies. The report, …
Economy
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AfricaBusinessBusiness InsightsDigital EconomyEconomyFinance & ServicesGhanaInfrastructureInnovationKenyaNigeriaTechnologyTelecommunicationsWestern Africa
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BusinessEconomyFinance & ServicesINVESTMENTMarketsNigeriaSecurityTechnology
NASD Plc Returns to Profit with N212.5m in Q1 2025, Driven by Trading Growth and Product Innovation
Nigeria’s Over-The-Counter (OTC) securities exchange operator, NASD Plc, has reported a profit after tax of N212.5 million for the first quarter ended March 31, 2025, marking a strong comeback from …
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CorruptionEconomyGOVERNMENTNigeriaPolicies
Tinubu Approves New Procurement Thresholds to Reduce Delays, Reflect Inflation
The Federal Government has introduced new procurement thresholds for public contracts in Ministries, Departments, and Agencies (MDAs), aiming to reduce bureaucratic delays and align processes with Nigeria’s current economic realities. …
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AgricultureBusinessBusiness InsightsEconomyEnergyFinance & ServicesGOVERNMENTMarketsNigeriaPolicies
Nigeria’s Inflation Rate Drops Slightly to 23.71% in April, But Many States Still Struggling
Nigeria’s inflation rate dropped slightly to 23.71 per cent in April 2025, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS). This …
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Banking, Finance & InvestmentBusinessEconomyINVESTMENTMarketsNigeria
Fidelity Bank Rejoins N1tn Club as Investors Regain Confidence
Fidelity Bank Plc has returned to the elite group of Nigerian companies with a market capitalisation of over N1 trillion. This came after the bank’s share price rose by 5.3 …
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AgricultureBanking, Finance & InvestmentBusinessEconomyFinance & ServicesNigeria
AFEX, GTBank End N17.8 Billion Debt Battle in Court
AFEX Commodities Exchange Limited and Guaranty Trust Bank (GTBank) have finally settled their long-running legal battle over a debt of N17.8 billion. The two parties reached an agreement after months …
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Central AfricaEconomyGhanaPoliciesWestern Africa
Ghana’s Cedi Becomes West Africa’s Strongest Currency in 2025
Ghana’s national currency, the cedi, has made a strong comeback in 2025, emerging as the best-performing currency in West Africa and gaining recognition globally. This improvement in the cedi’s value …
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AviationBusinessBusiness InsightsBusiness PoliciesEconomyGOVERNMENTInfrastructureInternational RelationsINVESTMENTNigeriaPoliciesTrade and CommerceTransportation & Logisitics
Nigerian Airlines Struggle to Compete in N8 Trillion International Market Due to Low Capacity
Nigerian airlines are currently missing out on a major opportunity to earn revenue from the international air travel market, which is estimated to be worth over N8 trillion. The main …
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AfricaDigital EconomyEconomySouth Africa
IMF Lowers Growth Forecasts for African Countries Amid Economic Challenges
The International Monetary Fund (IMF) has reduced its growth forecast for several African countries, warning that the continent’s economic progress may slow down if certain challenges are not addressed quickly. …
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BusinessCrimeCryptocurrencyEconomyFinance & ServicesFintechGOVERNMENTNigeriaTechnology
EFCC Removes Elie Bitar from Wanted List Over CBEX Fraud After Fresh Findings
The Economic and Financial Crimes Commission (EFCC) has officially removed a foreign national, Elie Bitar, from its wanted list after previously linking him to a suspected fraud involving a platform …