JP Morgan seeks merchant banking licence from CBN to bolster African presence 

American multinational financial services firm, JP Morgan Chase & Co., is gearing up to expand its operations in Nigeria by converting its long-standing Lagos representative office into a fully operational…

EU prepares retaliatory tariffs as Trump’s trade policies spark global economic concerns 

The European Union is gearing up to impose counter-tariffs on U.S. goods worth up to €26 billion ($28.4 billion) in response to President Donald Trump’s newly announced universal tariffs, which…

Lagosians suffer “worst traffic gridlock ever” as Independence Bridge repairs cause widespread chaos 

Lagos residents endured what many have described as the worst traffic gridlock in the city’s history on Wednesday, April 2, 2025, following the closure of the Independence Bridge (Marina-bound) for…

Investors lose N91bn as Nigerian Exchange opens bearish

“What we witnessed today was an alignment of portfolios by dividend-seeking investors.” The post Investors lose N91bn as Nigerian Exchange opens bearish appeared first on Premium Times Nigeria.

Bitcoin dips to $82,000 amid global trade tensions triggered by Trump tariffs 

Bitcoin (BTC) has experienced a significant drop, falling to the $82,000 mark on Thursday morning and registering a 4% loss following United States President Donald Trump’s announcement of widespread tariffs…

Equinix strengthens commitment to Nigeria’s digital economy with New Data Centre Expansion

Equinix is actively advancing three major data centre projects in Nigeria, with future expansion plans for Ghana, Côte d’Ivoire, and South Africa. The post Equinix strengthens commitment to Nigeria’s digital…

Elon Musk’s Neuralink begins global recruitment for research on brain implants 

Neuralink, the brain-computer interface (BCI) company founded by tech billionaire Elon Musk, is calling for volunteers worldwide to join its groundbreaking research. The study focuses on a brain implant designed…

Custodian Investment proposes N6.5 billion final dividend as annual profit surges 172%

The proposed dividend payment, the highest ever to be announced by the company since it commenced business in 1995, comes as its annual net profit jumped 172.1 per cent to…

Nigeria, Japan partner on Naira-denominated venture capital fund to boost startups 

Nigeria and Japan have unveiled a venture capital initiative aimed at fostering high-growth startups through Naira-denominated investments.   The post Nigeria, Japan partner on Naira-denominated venture capital fund to boost startups …

South Africa’s PIC invests $40 million in Africa50 for infrastructure development 

Africa50 Group, the pan-African infrastructure investor and asset manager, has announced a $40 million investment from South Africa’s Public Investment Corporation (PIC), acting on behalf of the Government Employees Pension…

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