Nigeria’s External Debt Servicing Hits $2.01bn in First Four Months of 2025
Nigeria has spent a staggering $2.01 billion on servicing its external debt between January and April 2025, marking a significant...
Oyetola Advocates for Nigeria’s Inclusion in IMO Council During Diplomatic Meeting with French Ambassador
Nigeria's Minister of Marine and Blue Economy, Adegboyega Oyetola, made a compelling case for Nigeria's inclusion in the International Maritime...
Fidelity Bank CEO Increases Stake Amid Legal Scrutiny, Demonstrates Confidence in Bank’s Stability
Fidelity Bank’s CEO, Nneka Onyeali-Ikpe, has once again demonstrated her strong confidence in the bank’s future by increasing her personal...
AFEX, GTB Resolve Legal Dispute as Court Adopts Settlement Terms
The long-running legal dispute between AFEX Commodities Exchange and Guaranty Trust Bank (GTB) has been fully resolved, following the adoption...
UK Inflation Surges to 3.5% in April Amid Soaring Energy and Water Bills
Britain’s annual inflation rate jumped more than expected in April, driven largely by sharp increases in energy and water bills,...
Cyberattacks Hit British Retailers: Marks & Co-op Suffer Major Online Disruptions
A series of cyberattacks have disrupted operations at several major British retailers, including Marks & Spencer (Marks), Harrods, and the...
Ecobank Raises Additional $125m via Eurobond Tap, Expands 2029 Notes to $525m
Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has raised an additional $125 million through a Eurobond...
Nigeria Risks Losing $11bn Annually Over Digital Skills Gap, Says ICT Council Chair
Nigeria stands to lose an estimated $11 billion annually in potential economic growth due to its widening digital skills gap,...
CBN Holds Interest Rate at 27.5% as Cardoso Highlights Naira Stability, Economic Gains
The Central Bank of Nigeria (CBN) has held the Monetary Policy Rate (MPR) steady at 27.5%, as Governor Yemi Cardoso...
Moody’s Downgrade of US Credit Rating Sends Markets into Decline
US equity-index futures dropped, and Treasuries yield curve steepened after Moody’s downgraded the US government’s credit rating from its top...
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