Business Local Stock Analysts Advise Investors to Focus on Strong Stocks as Nigerian Equities Market Faces Fresh Pressure June 29, 2026 Ekemini Uba
Business Economy Local Nigeria’s Debt Servicing Swallows 72% of Revenue as Analysts Warn of Fiscal Sustainability Risks June 29, 2026 Ekemini Uba
Business Economy Local Economic Reforms Key to Nigeria’s Sustainable Growth, Says NGX Chairman June 29, 2026 Ekemini Uba
Business Economy International Stock Futures Surge as Tech Stocks Rebound Amid U.S.-Iran Ceasefire Agreement June 29, 2026 Ekemini Uba
Business investment Local Nigeria FX Market Turnover Soars 22% in June as Spot and Derivatives Trading Surge June 29, 2026 Ekemini Uba
Analysts Advise Investors to Focus on Strong Stocks as Nigerian Equities Market Faces Fresh Pressure June 29, 2026 Ekemini Uba
Nigeria’s Debt Servicing Swallows 72% of Revenue as Analysts Warn of Fiscal Sustainability Risks June 29, 2026 Ekemini Uba
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…
Business Energy Local Seplat Energy Wins Double Capital Market Awards, Strengthening Investor Confidence June 29, 2026 Ekemini Uba Seplat Energy Plc has reinforced its reputation as one of Nigeria’s leading energy companies after clinching two prestigious awards at the Nairametrics Capital Market Awards 2026. The indigenous oil and…
Business Energy Local Technology AI Powering a New Era in Nigeria’s Electricity Sector, Says NDPHC Boss June 29, 2026 Ekemini Uba Artificial Intelligence (AI) and Machine Learning (ML) are rapidly reshaping Nigeria’s electricity industry, with the Niger Delta Power Holding Company (NDPHC) leading the adoption of cutting-edge technologies aimed at improving…
International Technology Micron’s AI Boom Sparks Wall Street Frenzy as Chipmaker Emerges as the Next Nvidia June 29, 2026 Ekemini Uba Micron Technology has become one of the biggest success stories of the artificial intelligence revolution, with investors increasingly viewing the U.S. memory chip maker as the next Nvidia. The Boise,…
Business investment Local Dangote Refinery IPO, 2027 Election Activities Set to Shake Nigerian Stock Market in H2 2026 June 29, 2026 Ekemini Uba Nigeria’s stock market could face a turbulent second half of 2026 as investors prepare for the highly anticipated Dangote Refinery IPO while political activities ahead of the 2027 general elections…
Business Economy Local FMDQ FX Market Turnover Jumps 22% to $2.84 Billion as Trading Activity Gains Momentum June 29, 2026 Ekemini Uba Nigeria’s foreign exchange market recorded a significant boost in trading activity as total turnover on the FMDQ Exchange climbed to $2.84 billion for the week ended June 26, 2026. The…
Business Economy Local MPR: Analysts see MPC holding rates as election cycle begins June 29, 2026 Ekemini Uba As Nigeria edges closer to the 2027 general elections, financial analysts are increasingly convinced that the Central Bank of Nigeria (CBN) will maintain its cautious monetary policy stance, keeping interest…
Business Energy Local Nigeria Earns N20.2tn from Crude Oil Exports in Five Months Despite Lower Shipment Volumes June 29, 2026 Ekemini Uba Nigeria’s crude oil export earnings surged to an estimated N20.22 trillion in the first five months of 2026, highlighting the country’s continued dependence on the oil sector as a major…
Business Energy Local FCCPC Warns Fuel Marketers as High Petrol Prices Persist Despite Falling Crude Oil Prices June 29, 2026 Ekemini Uba Nigeria’s consumer protection watchdog, the Federal Competition and Consumer Protection Commission (FCCPC), has raised fresh concerns over the continued high cost of petrol across the country despite a significant drop…
Business Local Market Nigerian Stocks Lose N11 Trillion as Market Correction Deepens: Opportunity or Warning Sign? June 26, 2026 Ekemini Uba Nigeria’s stock market has shed more than N11 trillion from its recent peak, sparking fresh debate among investors over whether the ongoing downturn presents a buying opportunity or signals deeper…
Business Finance International Technology Global Tech Sell-Off Deepens as Nasdaq Futures Slide on Rising AI Infrastructure Costs June 26, 2026 Ekemini Uba Stock futures fell sharply on Friday as investors continued to retreat from technology stocks, extending a global market sell-off fueled by concerns over the soaring costs of artificial intelligence infrastructure.…
Business Energy Local Apex African Gas Expands Capacity to 110 Tons Daily with N10 Billion Lagos Plant Investment June 26, 2026 Ekemini Uba Apex African Gas Nigeria Limited has taken a major step in strengthening Nigeria’s industrial gas sector with the commissioning of a new 70-ton-per-day Air Separation Unit plant in Satellite Town,…
Business Energy Local Dangote Slashes Petrol Price by N50 as Falling Crude Oil Prices Raise Hopes for Cheaper Fuel June 26, 2026 Ekemini Uba Nigeria’s fuel market received a fresh boost on Thursday as Dangote Petroleum Refinery announced a N50 reduction in its petrol gantry price, bringing the cost down from N1,175 to N1,125…
Business Economy Local Tax Compliance Key to Nigeria’s Economic Growth, Says Oyedele June 26, 2026 Ekemini Uba Nigeria could witness unprecedented economic growth if it succeeds in improving tax compliance across the country, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has…
Business Economy Local Ceramic Industry Investment Key to Nigeria’s $1 Trillion Economy Goal, Experts Say June 26, 2026 Ekemini Uba Nigeria’s journey toward becoming a $1 trillion economy by 2030 could receive a significant boost from the ceramics industry if the right investments, policies and infrastructure are put in place,…
Business Local Technology CBN Data Localization Policy Set to Spark Data Centre Investment Boom in Nigeria June 26, 2026 Ekemini Uba Nigeria’s digital infrastructure sector is gearing up for a major transformation following the Central Bank of Nigeria’s (CBN) directive requiring banks, fintech firms, payment service providers, and mobile money operators…
Business Economy Local Nigeria’s exports to East, Southern Africa hit N1tn June 26, 2026 Ekemini Uba Nigeria’s exports to East and Southern African countries have crossed the N1 trillion mark for the first time, highlighting the growing impact of regional trade agreements and improved market access…
International Technology AI Stock Selloff Deepens as Tech Giants Face Rising Costs and Investor Jitters June 26, 2026 Ekemini Uba Technology stocks across Asia, Europe, and the United States came under intense pressure on Friday as investors continued to pull back from artificial intelligence-related shares, sparking a broad AI stock…
International Technology Patronus AI Raises $50 Million to Build Digital Worlds That Put AI Agents to the Ultimate Test June 26, 2026 Ekemini Uba As artificial intelligence agents become increasingly capable of handling complex tasks on their own, ensuring their reliability has become one of the industry’s biggest challenges. San Francisco-based startup Patronus AI…
International Technology Apple Raises Mac and iPad Prices by Up to 25% as AI-Driven Chip Demand Pushes Costs Higher June 26, 2026 Ekemini Uba Apple has increased the prices of its Mac and iPad product lines by as much as 25%, citing a sharp rise in the cost of memory and storage chips as…
