Breaking Economy International Market FTSE Russell Delays Nigeria Frontier Market Upgrade Over Concerns About New T+1 Settlement Cycle June 30, 2026 Ekemini Uba
International Technology Arena Hits $100 Million Revenue Milestone as AI Evaluation Demand Surges June 30, 2026 Ekemini Uba
International Technology WhatsApp Username Feature Set to Boost Privacy by Hiding Phone Numbers June 30, 2026 Ekemini Uba
Economy Energy Local Fuel Pricing Reform Takes Center Stage as FG Moves to Protect Nigerians from Unfair Petrol Costs June 30, 2026 Ekemini Uba
Economy International investment AfCFTA Boosts Nigeria’s Intra-African Trade to $9.02bn as Regional Exports Surge 21% June 30, 2026 Ekemini Uba
FTSE Russell Delays Nigeria Frontier Market Upgrade Over Concerns About New T+1 Settlement Cycle June 30, 2026 Ekemini Uba
Breaking Economy International Market FTSE Russell Delays Nigeria Frontier Market Upgrade Over Concerns About New T+1 Settlement Cycle June 30, 2026 Ekemini Uba Nigeria’s anticipated return to Frontier Market status has hit an unexpected hurdle after global index provider FTSE Russell announced that the country’s reclassification is now under further review. The decision…
International Technology Arena Hits $100 Million Revenue Milestone as AI Evaluation Demand Surges June 30, 2026 Ekemini Uba Arena, the widely used AI leaderboard platform that began as a research project at the University of California, Berkeley, has achieved a major business milestone, reaching $100 million in annualized…
International Technology WhatsApp Username Feature Set to Boost Privacy by Hiding Phone Numbers June 30, 2026 Ekemini Uba WhatsApp is preparing to launch one of its most significant privacy updates yet, allowing users to communicate without revealing their phone numbers. The new WhatsApp username feature will enable people…
Economy Energy Local Fuel Pricing Reform Takes Center Stage as FG Moves to Protect Nigerians from Unfair Petrol Costs June 30, 2026 Ekemini Uba The Federal Government has announced fresh efforts to address growing concerns over fuel pricing in Nigeria, assuring citizens that discussions are underway with petrol marketers and industry regulators to create…
Economy International investment AfCFTA Boosts Nigeria’s Intra-African Trade to $9.02bn as Regional Exports Surge 21% June 30, 2026 Ekemini Uba Nigeria’s trade with other African countries recorded a significant leap in 2025, reaching $9.02 billion and marking a 21 per cent increase from the $7.47 billion recorded in 2024. The…
Business Economy Local Nigeria’s Money Market Set for N500bn Liquidity Boost as OMO Bills Mature June 30, 2026 Ekemini Uba Nigeria’s money market is expected to receive a significant boost this week as approximately N500 billion from maturing Open Market Operation (OMO) bills flows back into the banking system. The…
Business Economy International Market Wall Street Ends First Half on a High as Dow Hits Record Close and Stock Futures Edge Higher June 30, 2026 Ekemini Uba Wall Street is preparing to close out the first half of the year on a strong note, with U.S. stock futures rising Tuesday after the Dow Jones Industrial Average reached…
Business Economy Local Ethiopia Secures Landmark $1 Billion Bond Restructuring Deal as Investor Confidence Rebounds June 30, 2026 Ekemini Uba Ethiopia has taken a major step toward resolving its long-running debt crisis after reaching a preliminary agreement with key bondholders to restructure its defaulted $1 billion international bond. The deal,…
International Technology Africa’s Digital Future at Stake as Leaders Urged to Take Charge in the AI Era June 30, 2026 Ekemini Uba As artificial intelligence continues to transform industries and economies worldwide, African leaders are being challenged to take a more active role in shaping the continent’s digital future. Speaking at the…
Business Energy Local Nigeria’s Oil Windfall Has an Expiry Date as Experts Warn of Looming Revenue Risks June 30, 2026 Ekemini Uba Nigeria’s recent surge in oil revenue may appear to signal a stronger economic outlook, but analysts are warning that the gains could prove temporary if the country fails to prepare…
Business Finance Local DMO unveils N4 trillion FGN Bond auction plan for Q3 2026 June 30, 2026 Ekemini Uba Nigeria’s Debt Management Office (DMO) has announced an ambitious Federal Government of Nigeria (FGN) Bond issuance plan worth approximately N4 trillion for the third quarter of 2026, signaling continued efforts…
Business International investment Dangote Eyes Major Tanzania Expansion with Ports, Power Plant and Fertiliser Projects June 30, 2026 Ekemini Uba Tanzania is set for a new wave of industrial and infrastructure development following high-level talks between President Samia Suluhu Hassan and Africa’s richest businessman, Aliko Dangote. The meeting, held at…
Business Economy Local FEC Approves $2.9 Billion Financing Package to Boost Transport, Agriculture, Power and MSMEs June 30, 2026 Ekemini Uba The Federal Executive Council (FEC) has approved a massive financing package worth approximately $2.96 billion, €200 million and N215 billion to fund key projects across transportation, agriculture, power, infrastructure and…
Business Economy International Technology Flutterwave’s $50bn Milestone Signals a New Era for Africa’s Digital Payments Revolution June 30, 2026 Ekemini Uba Africa’s digital economy is entering a transformative phase, and Flutterwave’s latest milestone is offering a glimpse into just how far the continent has come. The African fintech giant announced that…
Economy Energy Local Nigeria Gas Flaring Rises 8% as Global Waste of Natural Gas Hits Six-Year High June 30, 2026 Ekemini Uba Global gas flaring surged to its highest level in six years in 2025, with Nigeria recording an eight per cent increase in the volume of natural gas burned off during…
Business Local Market Nigerian Stock Market Adds N46.6 Trillion in H1 2026 as Investor Confidence Soars June 30, 2026 Ekemini Uba The Nigerian stock market delivered an exceptional performance in the first half of 2026, with investors gaining a remarkable N46.6 trillion as confidence in ongoing economic reforms continued to strengthen.…
Business Energy Local FG Orders Fuel Marketers to Cut Petrol Prices as Crude Oil Costs Fall June 30, 2026 Ekemini Uba The Federal Government has directed petroleum marketers to reduce the pump price of petrol in line with the recent decline in global crude oil prices, signaling a stronger commitment to…
Business Finance Local NGX Market Crash Wipes Out N2.35 Trillion as MTN, Unilever Lead Massive Selloff June 30, 2026 Ekemini Uba Nigeria’s equities market endured another painful trading session on Monday as investors lost an estimated N2.35 trillion following a broad-based selloff that sent the Nigerian Exchange (NGX) All-Share Index tumbling…
Business Economy International Trade US Demand for Nigerian Goods Falls as Trade Deficit Hits N1.63 Trillion in Q1 2026 June 30, 2026 Ekemini Uba Nigeria’s trade relationship with the United States took a significant turn in the first quarter of 2026, as demand for Nigerian goods in the American market declined sharply while imports…
Business Local Stock Analysts Advise Investors to Focus on Strong Stocks as Nigerian Equities Market Faces Fresh Pressure June 29, 2026 Ekemini Uba The Nigerian equities market came under renewed pressure last week as persistent sell-offs wiped billions of naira from investors’ portfolios, prompting market analysts to advise caution and a stronger focus…
Business Economy Local Nigeria’s Debt Servicing Swallows 72% of Revenue as Analysts Warn of Fiscal Sustainability Risks June 29, 2026 Ekemini Uba Nigeria’s growing debt burden is raising fresh concerns among economic analysts after debt servicing costs consumed nearly 72 per cent of federally generated revenue in the first nine months of…
Business Economy Local Economic Reforms Key to Nigeria’s Sustainable Growth, Says NGX Chairman June 29, 2026 Ekemini Uba Nigeria’s journey toward sustainable economic growth depends heavily on the successful implementation of economic reforms and the strengthening of institutions, according to Chairman of NGX Group Plc, Dr. Umaru Kwairanga.…
Business Economy International Stock Futures Surge as Tech Stocks Rebound Amid U.S.-Iran Ceasefire Agreement June 29, 2026 Ekemini Uba U.S. stock futures climbed sharply on Monday as investors welcomed signs of renewed strength in technology shares and a temporary halt in hostilities between the United States and Iran. Dow…
Business investment Local Nigeria FX Market Turnover Soars 22% in June as Spot and Derivatives Trading Surge June 29, 2026 Ekemini Uba Nigeria’s foreign exchange market closed June on a strong note as trading activity surged sharply in the final week of the month. New data from FMDQ Securities Exchange Limited revealed…
Business Local Technology CBN Data Localisation Policy Set to Attract Billions in Digital Infrastructure Investment June 29, 2026 Ekemini Uba Nigeria’s digital economy is poised for a major boost as the Central Bank of Nigeria (CBN)’s new data localisation policy is expected to unlock billions of dollars in digital infrastructure…
Business Energy Local Marketers To NNPC: Expedite Action On MoU With Chinese Firms June 29, 2026 Ekemini Uba The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on the Nigerian National Petroleum Company Limited (NNPC Ltd) to hasten the completion of its proposed Technical Equity Partnership with…
Business Economy International Market US Treasury Yields Hold Steady as Investors Await Crucial Jobs Report June 29, 2026 Ekemini Uba U.S. Treasury yields showed little movement on Monday as investors adopted a cautious stance ahead of a series of important labor market reports expected later this week. Market participants are…
Business Economy International Exports to US fall by N366bn as imports surge June 29, 2026 Ekemini Uba Nigeria’s trade relationship with the United States took a dramatic turn in the first quarter of 2026 as exports to the American market plunged by N365.64 billion, even as imports…
Business International Market Global Stocks Climb as US-Iran Ceasefire Eases Market Fears, Oil Prices Rebound June 29, 2026 Ekemini Uba Asian stock markets started the week on a positive note as investors welcomed reports that the United States and Iran had agreed to stop attacking each other following a tense…
Business Local Stock NGX Weekly Turnover Crashes 47% as Investors Pull Back Amid Market Uncertainty June 29, 2026 Ekemini Uba The Nigerian Exchange (NGX) recorded a sharp decline in trading activity last week, with total market turnover falling by 47.18 percent to N134.49 billion as investors adopted a more cautious…
