The World Bank has introduced FundsChain, a blockchain-based platform designed to improve how development funds are…
Category: Business
Nigeria’s Foreign Reserves Hit $46.7 Billion, Highest in Seven Years
The Central Bank of Nigeria (CBN) reported that the country’s foreign exchange reserves have reached US…
Aradel Sees ₦21.4 Billion Trades as Cement Sector Selloff Sends Market Down 1.26%
The Nigerian stock market experienced a sharp decline on Monday, with the benchmark All-Share Index (ASI)…
LemFi Empowers UK Immigrants with High-Yield Instant Access Savings Account
LemFi has launched its Instant Access Savings Account in the UK, offering immigrants a secure and…
NGX Sees Uptick in Trading Activity as Volume and Deals Improve
The Nigerian Exchange (NGX) has recorded a notable rise in market activity, reflecting growing investor confidence…
Nigeria Records Seventh Straight Decline as Inflation Drops to 16.05 Percent
Nigeria’s headline inflation rate has fallen to 16.05 percent for October 2025, marking the seventh consecutive…
Tantalizers Seals U.S. Partnership, Moves Into Multimillion-Dollar Seafood Export Business
Tantalizers Plc has entered the seafood export market after acquiring 10 trawlers and signing a strategic…
Jumia Cuts Losses as Nigeria Orders Soar
African e-commerce giant Jumia reported a narrower pre-tax loss in the third quarter of 2025, driven…
African Startups Raise $441.9 Million in October, Up 217% from September
African startups secured $441.9 million in October 2025, a 217% increase from September’s $139.4 million, driven…
Ellah Lakes Launches ₦235 Billion Equity Raise to Accelerate Expansion
Ellah Lakes Plc has opened a ₦235 billion public equity offer to fund its next growth…