African central bank governors have renewed push for a unified monetary system for the continent, reaffirming plans for the eventual establishment of the African Central Bank. They made the commitment during a high-level summit in Yaoundé, where 41 central bank governors met to discuss climate-related financial risks and strengthen cooperation under the African Monetary Institute …
The Economic and Financial Crimes Commission (EFCC) has handed over N96.5 million to victims of a Ponzi scheme operating in Enugu State. EFCC spokesperson Dele Oyewale announced the development in a statement on Friday in Abuja, describing it as part of the agency’s commitment to fighting financial crimes and ensuring restitution for defrauded Nigerians. The …
Dollar General (DG.N) raised its annual profit forecast after posting third-quarter earnings that beat analyst estimates, fueled by resilient demand at its discount stores and successful efforts to cut costs and manage inventory. Shares rose about 5% premarket, adding to a 45% gain so far this year, as the company also increased its full-year comparable …
A majority of economists are betting the U.S. Federal Reserve will reduce its key interest rate by a quarter percentage point at the December 9–10 policy meeting, even as divisions persist among policymakers over whether the world’s largest economy truly needs further easing. According to a Reuters poll of 108 economists conducted from November 28 …
Google has unveiled its 2025 Year in Search report, offering an expansive look into the topics, personalities, entertainment, and cultural moments that captured the attention of millions of Nigerians throughout the year. Released on Thursday, the annual data showcases how Nigerians relied on Search to follow political developments, decode global events, honour national figures, and …
Nigeria’s business landscape continued its remarkable recovery in November 2025, posting its 11th consecutive month of expansion and reinforcing expectations of a stronger finish to the year. The latest Business Confidence Monitor (BCM) released by the Nigerian Economic Summit Group (NESG) shows that business confidence climbed marginally to 113.3 points, up from 111.3 points in …
Troops of Operation Hadin Kai have rescued 12 kidnapped persons – seven women and five children – who were abducted by Boko Haram along the Gwoza–Limankara Road in Borno State on November 14. The Nigerian Army confirmed the rescue on Tuesday via its official X account. The victims were freed on Sunday during a clearance …
Lagos State will host the inaugural Food and Culture Festival on December 16 and 17, 2025, the Minister of Art, Culture, Tourism, and Creative Economy, Hannatu Musa-Musawa, announced on Tuesday. She said the festival reflects the Federal Government’s commitment to promoting Nigeria’s cultural heritage and using art, culture, and tourism as tools for economic growth, …
U.S. online shopping surged to $44.2 billion over the five-day Thanksgiving-to-Cyber-Monday period, according to new data from Adobe Analytics. Cyber Monday alone brought in $14.25 billion, cementing its place as the biggest online shopping day of the year. Adobe said online spending during Cyber Week rose 7.7% from last year, though the growth rate was …
Switzerland may need to get used to U.S. tariffs, a top Swiss trade negotiator said Tuesday. The statement follows a new deal that aligns Swiss tariffs with those of the European Union. In August, President Donald Trump imposed a 39% tariff on Swiss goods, the highest in Europe. Last month, Bern and Washington agreed to …
