Business
Flutterwave To Make Initial Public Offering Once It Starts Making Profits
Flutterwave CEO Olugbenga Agboola reveals plans to make an Initial Public Offering (IPO) once his firm becomes profitable
5 February 2025
Business
Business
Nigeria’s PMI Hits 52.0 – Stanbic IBTC Bank Report
Nigeria’s Purchasing Managers’ Index (PMI) hit 52.0 in January 2025, signaling continued growth despite a minor slowdown
4 February 2025
Business
Nigeria’s Economy is Suffering From Corruption And Misrule – WTO, IMF
WTO and IMF commend Nigeria’s economy reforms under President Tinubu but warn of severe inflation, naira devaluation and corruption
3 February 2025
Business
Nigeria Launches iSTEP Initiative to Drive Youth Innovation and Economic Growth
The Nigerian government has launched iSTEP, a technology-driven program to train 10,000 youth innovators, create 5,000 jobs, and establish innovation hubs nationwide.
30 January 2025
Business
Microsoft and OpenAI Investigate DeepSeek for Unauthorized AI Data Extraction
Microsoft and OpenAI are probing Chinese AI startup DeepSeek for allegedly extracting data from OpenAI’s models without permission.
29 January 2025
Business
Nigerian Banks Rush to Settle ₦160 Billion USSD Debt as NCC Deadline Looms
As the NCC’s January 27 deadline approaches, five Nigerian banks begin settling their ₦160 billion USSD debt to telecom operators.
28 January 2025
Business
IMF and World Bank Urge CBN to Sustain Inflation Control Efforts
The IMF and World Bank have emphasized the importance of the CBN efforts to control inflation as Nigeria’s inflation rose to 34.8%
27 January 2025
Business
Nigeria’s GDP Resilient Amid Triple Shocks
Nigeria’s GDP grew by 3.46% in Q3 2024, led by services, finance, and telecommunications sectors.
27 January 2025
Business
NESG Outlines Economic Reforms to Boost Nigeria’s Growth in 2025
NESG projects Nigeria’s economy to grow by 5.5% in 2025 with sustained reforms. Key focus: curbing inflation, stabilizing FX rates
25 January 2025
Business
Nigeria’s Foreign Exchange Reserves Drop by $832.62 Million in Two Weeks
Nigeria’s foreign exchange reserves fell by $832.62 million between January 6 and January 21, 2025, highlighting growing macroeconomic challenges
24 January 2025
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