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Day: June 23, 2025

NCC Projects Surge in Telecom Investments Amid Economic Recovery and Infrastructure Reforms
LocalTechnology

NCC Projects Surge in Telecom Investments Amid Economic Recovery and Infrastructure Reforms

The Nigerian Communications Commission (NCC) has projected a significant increase in investments in the country’s telecommunications sector in 2025. Speaking…

byEkeminiJune 23, 2025June 23, 2025
SEC Tenure Rule Triggers Market Anxiety as Capital Operators Scramble for Clarity
BusinessFinanceLocal

SEC Tenure Rule Triggers Market Anxiety as Capital Operators Scramble for Clarity

The Securities and Exchange Commission (SEC) of Nigeria has introduced a new rule imposing tenure limits on directors of Capital…

byEkeminiJune 23, 2025June 23, 2025
Nigeria’s Tax Harmonisation Plan to Curb Food Inflation, Boost Agricultural Transport
AgricultureLocalMacroeconomic

Nigeria’s Tax Harmonisation Plan to Curb Food Inflation, Boost Agricultural Transport

The Chartered Institute of Taxation of Nigeria (CITN) has applauded a recent resolution by Nigerian state governors to harmonise transportation…

byEkeminiJune 23, 2025June 23, 2025
European Markets Dip as U.S. Strikes Iran and Strait of Hormuz Closure Looms
BusinessInternational

European Markets Dip as U.S. Strikes Iran and Strait of Hormuz Closure Looms

Market Reactions to Middle East Escalation:European markets opened the week in the red as geopolitical tensions surged following the U.S.…

byEkeminiJune 23, 2025June 23, 2025
Domestic Investors Dominate NGX with N3.4tn in Trades Amid Rising Confidence
BusinessinvestmentLocal

Domestic Investors Dominate NGX with N3.4tn in Trades Amid Rising Confidence

Domestic investors have emerged as the dominant force on the Nigerian Exchange Limited (NGX), driving a total of N3.41 trillion…

byEkeminiJune 23, 2025June 23, 2025
Naira Strengthens Amid CBN Intervention, FPI Inflows and Eased Inflation
investmentLocalMacroeconomic

Naira Strengthens Amid CBN Intervention, FPI Inflows and Eased Inflation

The Nigerian naira appreciated slightly at the official foreign exchange window in the past week, moving to ₦1,547/$ from ₦1,549/$,…

byEkeminiJune 23, 2025June 23, 2025
Europe Pushes for Digital Sovereignty Amid U.S. Tech Dominance and Trump’s Second Term
InternationalTechnology

Europe Pushes for Digital Sovereignty Amid U.S. Tech Dominance and Trump’s Second Term

As Donald Trump begins his second term as U.S. president, a growing number of Europeans are turning away from American…

byEkeminiJune 23, 2025June 23, 2025
Oil Prices Could Soar to $150 as Iran Approves Strait of Hormuz Closure Amid Rising Tensions
EnergyInternationalMacroeconomic

Oil Prices Could Soar to $150 as Iran Approves Strait of Hormuz Closure Amid Rising Tensions

In a bold geopolitical move, Iran’s parliament has approved the closure of the Strait of Hormuz, a narrow but essential…

byEkeminiJune 23, 2025June 23, 2025
Offshore Investors Fuel Nigeria’s Bond Market Rally Ahead of DMO Auction
BusinessLocalMarket

Offshore Investors Fuel Nigeria’s Bond Market Rally Ahead of DMO Auction

Foreign Portfolio Investors (FPIs) significantly increased their interest in Nigeria’s fixed income instruments last week ahead of the June 24…

byEkeminiJune 23, 2025June 23, 2025
SEC Ban on Dual Director Roles Wins Stakeholder Support Amid Corporate Governance Push
BusinessLocal

SEC Ban on Dual Director Roles Wins Stakeholder Support Amid Corporate Governance Push

The Securities and Exchange Commission (SEC) of Nigeria has issued a new directive banning Independent Non-Executive Directors (INEDs) from assuming…

byEkeminiJune 23, 2025June 23, 2025

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