30 results
- 18 Jan 2023
African Businesses Turn to Social Media Amid Economic Uncertainty
Economic uncertainty has made social media a more important channel for African firms, as more brands accelerate their social commerce strategies to engage their customers. This is one of the key…
- 21 Jul 2026
CBN Retains Interest Rate at 26.5% as Cardoso Cites Global Uncertainty Despite Inflation Drop
Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR), the nation’s benchmark interest rate, at 26.5 per cent, citing heightened global uncertainties despite signs of resilience…
- 7 Oct 2019
Oil Prices Slip as Global Economic Outlook Darken
By Lukman Otunuga, Senior Research Analyst, FXTM The taps on oil prices are set to leak in the week ahead due to growing evidence of a global slowdown and rising fears of falling demand for Crude…
- 12 Jan 2021
Kaspersky Forecasts Economic Uncertainty to Shape 2021 Cybercrime Agenda in Africa
Kaspersky experts expect growing economic turbulence along with the impact of COVID-19 to contribute to an increase in cybercrime across Nigeria, South Africa, and Kenya this year. Growth in…
- 4 Sept 2025
Amid Uncertainty, Businesses are Betting on AI to Accelerate Productivity and Unlock ROI
By Linda Saunders, Country Manager & Senior Director Solution Engineering, Africa, Salesforce In a time of rising global economic uncertainty, African businesses are increasingly turning to AI to…
- 26 Jun 2025
AfDB Cuts Nigeria’s Growth Projection to 3.2%
Peter Enogb, principal country economist, African Development Bank (AfDB), says the rise in global uncertainty, emanating from increases in global trade tariffs, has slowed Nigeria’s projected growth…
- 11 Feb 2017
Leadership in Digital Age: Comfort with Uncertainty Outweighs ‘Control’- Sage
The C-suite executives and HR leaders that will succeed in the era of digital change and global economic and political uncertainty will be those that are the most curious and adaptable rather than…
- 24 Feb 2020
Nigeria Stands Tall amidst Global Market Chaos
By Lukman Otunuga, Senior Research Analyst at FXTM, 2019 was packed with uncertainty thanks to persistent trade drama, global growth fears and volatile oil prices. Unfavourable global economic…
- 31 Dec 2016
Huawei Sees Slower Revenue Growth for 2016
Huawei Technologies, one of the world's largest telecom equipment makers, said on Friday it expects 2016 revenue growth to slow slightly to 32 percent and forecast greater uncertainties next year.…
- 21 Sept 2022
GSMA Urges Closing the Mobile ‘Usage Gap’ to Achieve Sustainable Development Goals
Closing the mobile internet ‘usage gap’ should be a priority for countries seeking to deliver against the ambitious UN Sustainable Development Goals, according to the GSMA’s seventh annual Mobile…
- 14 Dec 2016
Gold – The Good, The Bad, and The Ugly
Weak economies are more vulnerable to uncertainty, political extremes and populism, post-World-War Germany and Russia proved this beyond a doubt. The Gold price tracks economic uncertainty, and by…
- 22 Sept 2023
Why Debt Financing is so Important for the African Business Market
By Nathaniel Nyika, Chief Investment Officer at Norsad Capital Small and medium-sized enterprises (SMEs) are the beating heart of Africa’s economies. According to the World Economic Forum, as engines…
- 8 Sept 2025
Afrinvest Marks 30 Years, to Unveil 20th Banking Sector Report
Afrinvest (West Africa) Limited will this month commemorate its 30th anniversary with the launch of the 20th edition of its Nigerian Banking Sector Report (BSR). Established in 1995, Afrinvest began…
- 4 Jun 2012
Cashlite Programme’ll Lead to Cheaper Lending --Sanusi
Lamido Sanusi Lamido, Central Bank of Nigeria (CBN) governor has expressed confidence that Nigeria’s move towards a cashless society, together with other developments already…
- 18 Dec 2018
Naira marginally gains on Dollar weakness; FOMC in focus
By Lukman Otunuga The Naira entered the final full trading week before Christmas on a steady note despite concerns over plateauing global economic growth weighing on risk sentiment. It is becoming…
- 11 Jul 2016
Why Finance Is the Nerve Centre of the Modern Business
The last few years have been ones of great challenges and uncertainty. The fortunes of businesses everywhere are inextricably linked to fast-shifting global economics, geo and socio-political…
- 18 Sept 2013
DHL Says Nigeria is Key to her Expansion Move
Charles Brewer, managing director of DHL Express Sub-Saharan Africa has said that Nigeria’s attractive market presents a major opportunity that would be harnessed by the company. Brewer, who was in…
- 5 Jan 2016
Samsung Electronics to Employees: 2016 Will Be of Tough
South Korean tech giant, Samsung Electronics, said it expects a difficult business environment in 2016 due to weak global economic conditions and heightened competition in key businesses including…
- 27 Mar 2025
First Asset Management expands into US Equity Market, Introduces FBN Blended Dollar Fund
First Asset Management, one of Nigeria’s investment managers and a subsidiary of First HoldCo Plc. has launched its FBN Blended Dollar Fund to drive up customer earnings through its rich blend of US…
- 21 Apr 2025
Gold Hits Record High Amid U.S. Dollar Weakness and Trade Tensions
Gold prices surged to a fresh record high on Monday, April 21, while the dollar weakened and global stock markets presented a mixed picture, as concerns mounted over former President Donald Trump’s…
- 22 Apr 2025
IMF Downgrades Nigeria’s Economic Growth Forecast Amid Oil Price Decline
International Monetary Fund (IMF) has revised downward its economic growth forecast for Nigeria in 2025 to 3.0%, a 0.2 percentage point cut from its earlier projection of 3.2%. The downgrade is…
- 10 Apr 2019
Naira Steady as IMF Upgrades Nigeria’s Growth Outlook
By Lukman Otunuga, FXTM Research Analyst , A sense of caution lingered across financial markets after the International Monetary Fund (IMF) cut its global economic growth projection for 2019, to 3.3%…
- 19 Jun 2020
Inflation Jumps, Oil Prices Rise while Naira Stabilizes
By Lukman Otunuga, Senior Research Analyst at FXTM, In the face economic instability and uncertainty, Nigeria eased lockdown restrictions this month to jumpstart growth. The opening up of more…
- 18 Apr 2016
Mixed Bag for PC Vendors, Decline Continued in 1Q16
Worldwide PC shipments totaled 60.6 million units in the first quarter of 2016 (1Q16), a year-on-year decline of 11.5%, according to the International Data Corporation (IDC) Worldwide Quarterly PC…
- 29 Apr 2019
Nigeria Week Ahead: Foreign Exchange Reserves, Fed and BoE in Focus
By Lukman Otunuga, FXTM Research Analyst Nigeria will unveil updates on its latest foreign exchange reserve figures in the week ahead, amid renewed optimism over the progress of US-China trade talks.…
- 4 Jan 2013
Gartner says Global IT Spending to Reach $3.7trn in 2013
Worldwide IT spending is projected to reach $3.73 trillion in 2013, a 4.2 per cent increase from $3.58 trillion in 2012, according the latest report from Gartner, a research firm. Gartner said in a…
- 4 Jun 2026
London Strengthens Global Investment Ties with Africa @ First Ever London-Africa Business Summit
The Mayor of London, Sadiq Khan, has today hosted City Hall’s first ever London-Africa business summit, bringing together 200 business and political leaders from across the continent to strengthen…
- 6 Apr 2016
AFC Total Assets Grows 25%
Africa Finance Corporation (AFC) has announced that its 2015 fiscal year results, showing that despite a difficult operating environment, it delivered strong underlying operating results, achieving…
- 4 Jun 2026
Sadiq Khan Hosts Inaugural London-Africa Business Summit to Strengthen Trade and Investment Links
The Mayor of London, Sadiq Khan, on Thursday hosted the inaugural London-Africa Business Summit, bringing together more than 200 business and political leaders from across Africa and the United…
- 1 Apr 2026
Nigeria, Others Lose $88bn Yearly to Illicit Flows —Edun
Wale Edun, minister of Finance and Coordinating Minister of the Economy, has raised concern over Africa’s mounting revenue losses, warning that the continent forfeits an estimated $88 billion…