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Day: March 18, 2025

UK-listed Savannah Energy Acquires Nigerian Oil Assets for $35 Million to Boost Production
BusinessEnergyFinanceInternational

UK-listed Savannah Energy Acquires Nigerian Oil Assets for $35 Million to Boost Production

Savannah Energy, a UK-listed independent energy company, has successfully completed its acquisition of Sinopec International Petroleum Exploration and Production Company…

byEkeminiMarch 18, 2025March 18, 2025
Adebiyi: Telecom Industry Driving Nigeria’s Digital Economy and Financial Inclusion
BusinessLocalTechnology

Adebiyi: Telecom Industry Driving Nigeria’s Digital Economy and Financial Inclusion

Adekunle Adebiyi, the founder of Whistles Alliance Integrated Services and former Chief Sales and Distribution Officer at MTN Nigeria, shares…

byEkeminiMarch 18, 2025March 18, 2025
AGI President Applauds Ghana’s 2025 Budget as Promising and Business-Friendly
BusinessInternationalMacroeconomic

AGI President Applauds Ghana’s 2025 Budget as Promising and Business-Friendly

The President of the Association of Ghana Industries (AGI) for Greater Accra, Tsonam Akpeloo, has expressed strong support for Ghana’s…

byEkeminiMarch 18, 2025March 18, 2025
Nigeria’s Inflation Drop Not Reflecting in Goods Prices, Says Economist
BusinessLocalMacroeconomic

Nigeria’s Inflation Drop Not Reflecting in Goods Prices, Says Economist

In a recent interview, Professor Segun Ajibola, a renowned economist and former president of the Chartered Institute of Bankers, discussed…

byEkeminiMarch 18, 2025March 18, 2025
Ghana Removes E-Levy and Betting Tax to Boost Financial Inclusion – Deputy Finance Minister
AfricaBusinessEconomyInternational

Ghana Removes E-Levy and Betting Tax to Boost Financial Inclusion – Deputy Finance Minister

In a significant policy shift, the Ghanaian government has abolished the Electronic Levy (E-Levy), betting tax, and other taxes as…

byEkeminiMarch 18, 2025March 18, 2025
Euro and Stocks Rise Ahead of German Spending Vote Amid Global Uncertainty
InternationalMacroeconomicStock

Euro and Stocks Rise Ahead of German Spending Vote Amid Global Uncertainty

European markets remained stable on Tuesday as investors awaited a key vote in the German parliament on a significant overhaul…

byEkeminiMarch 18, 2025March 18, 2025
Nigeria and Brazil Sign $8 Billion Green Initiative to Boost Agricultural Productivity
BusinessinvestmentLocal

Nigeria and Brazil Sign $8 Billion Green Initiative to Boost Agricultural Productivity

On March 17, 2025, Nigeria and Brazil officially launched the commercial phase of the $1.1 billion Green Imperative Project (GIP),…

byEkeminiMarch 18, 2025March 18, 2025
Bearish Market Opening: Investors Lose N7.8bn as ASI Drops 0.15%
BusinessFinanceLocal

Bearish Market Opening: Investors Lose N7.8bn as ASI Drops 0.15%

The Nigerian stock market started the week with a bearish performance, as the All-Share Index (ASI) dipped by 0.15%, closing…

byEkeminiMarch 18, 2025March 18, 2025
U.S. Treasury Yields Drop as Investors Await Key Economic Data
FinanceInternationalMacroeconomic

U.S. Treasury Yields Drop as Investors Await Key Economic Data

U.S. Treasury yields saw a slight decline on Tuesday as investors prepared for crucial housing data and the Federal Reserve’s…

byEkeminiMarch 18, 2025March 18, 2025
Nigeria Partners with Cyberpedia on AI-driven Initiative to Combat Misinformation
BusinessLocalTechnology

Nigeria Partners with Cyberpedia on AI-driven Initiative to Combat Misinformation

The Presidential Office of Digital Engagement and Strategy (PODES) has teamed up with Cyberpedia Internet Governance, an African AI, Data,…

byEkeminiMarch 18, 2025March 18, 2025
Nigeria’s Inflation Drops to 23.18% Amid Continued Price Pressures
LocalMacroeconomic

Nigeria’s Inflation Drops to 23.18% Amid Continued Price Pressures

Nigeria’s inflation rate showed a modest decline for the second consecutive month in February 2025, dropping to 23.18% from 24.48%…

byEkeminiMarch 18, 2025March 18, 2025
Naira Gains 0.95% in Parallel Market as CBN Boosts FX Liquidity
LocalMacroeconomic

Naira Gains 0.95% in Parallel Market as CBN Boosts FX Liquidity

The Central Bank of Nigeria (CBN) has increased FX liquidity, leading to a temporary reduction in dollar demand and allowing…

byEkeminiMarch 18, 2025March 18, 2025
Dr. Amin Adam Criticizes Ghana’s 24-Hour Economy Policy as Deceptive Without Adequate Funding
AfricaBusinessFinanceInternational

Dr. Amin Adam Criticizes Ghana’s 24-Hour Economy Policy as Deceptive Without Adequate Funding

Former Finance Minister Dr. Mohammed Amin Adam has raised concerns about the Mahama government’s proposed 24-hour economy policy, suggesting that…

byEkeminiMarch 18, 2025March 18, 2025
Hong Kong Stocks Surge to Three-Year High Amid Positive China Outlook
BusinessInternationalMacroeconomic

Hong Kong Stocks Surge to Three-Year High Amid Positive China Outlook

Hong Kong’s stock market reached a three-year high on March 18, with the Hang Seng Index rising by 2%. This…

byEkeminiMarch 18, 2025March 18, 2025
Google to Partner with MediaTek on Next-Gen AI Chips
BusinessInternationalTechnology

Google to Partner with MediaTek on Next-Gen AI Chips

Google is reportedly preparing to collaborate with Taiwan’s MediaTek to develop the next version of its Tensor Processing Units (TPUs)…

byEkeminiMarch 18, 2025March 18, 2025
US Commerce Department Bans DeepSeek AI on Government Devices Amid Security Concerns
InternationalTechnology

US Commerce Department Bans DeepSeek AI on Government Devices Amid Security Concerns

The U.S. Department of Commerce has recently informed its staff that the Chinese AI model DeepSeek is banned from government-issued…

byEkeminiMarch 18, 2025March 18, 2025
Bearish Market Trend Continues as NGX Loses N8bn Amid Ongoing Sell-offs
BusinessLocal

Bearish Market Trend Continues as NGX Loses N8bn Amid Ongoing Sell-offs

The Nigerian Exchange Limited (NGX) experienced another decline on Monday, shedding N8 billion as market sentiment remained negative. The benchmark…

byEkeminiMarch 18, 2025March 18, 2025
Rand Merchant Bank Economic Forum Highlights Key Strategies for Navigating Nigeria’s Reform Challenges
BusinessFinanceLocalMacroeconomic

Rand Merchant Bank Economic Forum Highlights Key Strategies for Navigating Nigeria’s Reform Challenges

Rand Merchant Bank Nigeria (RMB) hosted a high-profile economic forum in Lagos to address Nigeria’s evolving reform landscape. The event,…

byEkeminiMarch 18, 2025March 18, 2025

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