Global
FTC and Meta Clash in Antitrust Trial Over Monopoly Power in Social Media Ecosystem
The high-stakes antitrust trial between the Federal Trade Commission (FTC) and Meta Platforms Inc. has intensified, with both sides locked in debate over ...
Fintech
Nigerian Crypto Firms Urged to Proceed with Caution as SEC Classifies Digital Assets as Securities Under ISA 2025
The regulatory landscape for cryptocurrencies in Nigeria is undergoing a pivotal transformation. The newly updated Investment and Securities Act (ISA) 2025 now formally ...
Africa
Africa Finance Corporation Appoints Ireti Samuel-Ogbu as Chair of the Board of Directors
In a decisive move reflecting its commitment to visionary leadership and institutional resilience, Africa Finance Corporation (AFC) has appointed Mrs. Ireti Samuel-Ogbu as ...
Fintech
Global: Mastercard Unveils 360-Degree Framework to Advance Stablecoin Payment Adoption
Mastercard is deepening its investment in digital assets by rolling out a comprehensive global framework aimed at integrating stablecoin payments into the traditional ...
Nigeria
Nigeria: NDIC Disburses N46.6bn in Liquidation Dividends to Uninsured Depositors of Defunct Heritage Bank
In a significant move aimed at reinforcing depositor confidence and strengthening regulatory compliance within Nigeria’s banking sector, the Nigeria Deposit Insurance Corporation (NDIC) ...
Nigeria
Nigeria: CBN Leads Strategic Push to Reposition Nigeria’s Global Economic Influence
In a bold affirmation of Nigeria’s commitment to economic reform, institutional revitalization, and global partnerships, the Central Bank of Nigeria (CBN), in collaboration ...
Global
World Bank Projects 3.6% Growth for Nigeria Amid Fragile Recovery and Rising Poverty
Nigeria’s economy is expected to grow by 3.6% in 2025, up from an estimated 3.4% in 2024, as structural reforms begin to reshape ...
Fintech
Nigeria: Major Nigerian Banks Including Zenith, GTCO, UBA to Disburse Dividends Ahead of Q1 2025 Earnings Reports
In a strategic move to reward shareholders and strengthen investor confidence, several leading Nigerian banks—including Zenith Bank, Guaranty Trust Holding Company (GTCO), and ...
Global
Global: IMF Sounds Alarm Over Soaring Global Public Debt and Tightening Fiscal Space
Global public debt is surging to unprecedented levels, with fiscal pressures intensifying worldwide, according to Vítor Gaspar, Director of the International Monetary Fund’s ...
Innovation
Nigeria Launches First-Ever AfCFTA Digital Hackathon to Accelerate Intra-African Trade and Innovation
In a groundbreaking step to operationalize the African Continental Free Trade Area (AfCFTA) through digital innovation and regulatory technology, Nigeria has announced the ...