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The BRICS countries are in discussions about integrating their national instant payment systems and central bank digital currencies as a way to reduce the cost and improve the efficiency of cross-border transactions among the group’s member nations. The post BRICS…
Read moreTrading activity on the Nigerian Exchange Limited (NGX) recorded a sharp increase in the week ended August 14, 2026, as investors exchanged 12.153 billion shares valued at N176.058 billion across 224,146 deals. The performance represents a 126.8 percent increase in…
Read moreNigeria climbed four places to 62nd globally in StartupBlink’s Global Startup Ecosystem Index 2026, marking its highest ranking since 2022. The post Top 10 Nigerian cities powering the startup boom in 2026 appeared first on Nairametrics.
Read moreThe popular Nigerian crude contract, Bonny Light, approached the $95 per barrel mark amidst heightened market uncertainty driven by persistent geopolitical tensions, particularly in the Middle East and crucial global trade chokepoints such as the Strait of Hormuz. The post…
Read morePwC Nigeria has identified several areas of ambiguity in the Nigeria Revenue Service’s newly issued Guidelines on the Taxation of Virtual Assets, even as it urged tax payers to brace for the implementation. The post PwC flags tax traps in…
Read moreCredit to Nigeria’s agriculture sector rose to N3.86 trillion in March 2026, even as lending to the oil and gas sector fell by N335 billion over the first three months of the year. This is according to the latest Quarterly…
Read moreThe Lagos Island Residential Market Report 2026 by real estate company Lagos Realty, seen by Nairametrics, tracks residential rental prices, sales values and land costs across the market between 2022 and 2026. The post Lagos Island land prices soar, Ikoyi…
Read moreAnthropic, the artificial intelligence startup behind the Claude chatbot, has reported a staggering 1,360% surge in quarterly revenue to more than $11.5 billion, highlighting the company’s rapid growth as it prepares for a potential public listing. The post Anthropic’s revenue…
Read moreNigeria’s exports to China surged by 80% to $2.3 billion in the first half of 2026, driven by China’s expanded zero-tariff policy for African countries and rising demand for Nigerian commodities. The post Nigeria’s exports to China surge 80% to…
Read moreAfrica’s startup ecosystem has experienced remarkable highs and challenging lows over the past seven years. The post Top 10 investors still backing African startups despite funding slowdown appeared first on Nairametrics.
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