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Day: July 2, 2025

House of Representatives Rejects Senate Bill, Decries Senate’s Neglect of 146 Pending House Bills
LocalPolitics

House of Representatives Rejects Senate Bill, Decries Senate’s Neglect of 146 Pending House Bills

The Nigerian House of Representatives has decisively rejected a Senate bill seeking their concurrence, highlighting longstanding tensions between the two…

byEkeminiJuly 2, 2025July 2, 2025
Ghana Optimistic Ahead of IMF Board Review, Eyes $370 Million Disbursement to Boost Economy
LocalMacroeconomic

Ghana Optimistic Ahead of IMF Board Review, Eyes $370 Million Disbursement to Boost Economy

The Ghanaian government is cautiously optimistic about passing the International Monetary Fund’s (IMF) upcoming Executive Board review of the country’s…

byEkeminiJuly 2, 2025July 2, 2025
Nigeria’s Public Debt Climbs to N149.39 Trillion in Q1 2025, FGN Bonds Dominate Domestic Obligations
BusinessLocalMacroeconomic

Nigeria’s Public Debt Climbs to N149.39 Trillion in Q1 2025, FGN Bonds Dominate Domestic Obligations

Nigeria’s total public debt surged to N149.39 trillion at the end of the first quarter of 2025, marking a N4.72…

byEkeminiJuly 2, 2025July 2, 2025
Nigeria Pushes for Digital Sovereignty with MTN’s $150M Dabengwa Data Centre Launch
LocalMacroeconomicTechnology

Nigeria Pushes for Digital Sovereignty with MTN’s $150M Dabengwa Data Centre Launch

The Federal Government of Nigeria has thrown its full support behind local cloud hosting and digital infrastructure development with the…

byEkeminiJuly 2, 2025July 2, 2025
US Consulate Celebrates 249th Independence Day in Lagos, Strengthens Economic Ties with Nigeria
InternationalinvestmentTrade

US Consulate Celebrates 249th Independence Day in Lagos, Strengthens Economic Ties with Nigeria

In a vibrant ceremony held at the U.S. Consul General’s Residence in Lagos, the United States Consulate marked its 249th…

byEkeminiJuly 2, 2025July 2, 2025
Gambia Embraces Nigeria’s NAICOM Framework to Bolster Insurance Regulation
FinanceInternationalMacroeconomic

Gambia Embraces Nigeria’s NAICOM Framework to Bolster Insurance Regulation

A high-level delegation from the Central Bank of The Gambia, led by Nyang Medeleine Gomez, has adopted Nigeria’s National Insurance…

byEkeminiJuly 2, 2025July 2, 2025
More networks, less value: Irony of Nigeria’s telecom landscape
BusinessLocalTechnology

More networks, less value: Irony of Nigeria’s telecom landscape

Despite the licensing of over 40 Mobile Virtual Network Operators (MVNOs) by the Nigerian Communications Commission (NCC) since 2022, telecom…

byEkeminiJuly 2, 2025July 2, 2025
Apple Considers Anthropic and OpenAI to Reinvent Siri with Advanced AI Integration
BusinessInternationalTechnology

Apple Considers Anthropic and OpenAI to Reinvent Siri with Advanced AI Integration

Apple is in advanced talks with leading artificial intelligence firms Anthropic and OpenAI to potentially integrate their large language models…

byEkeminiJuly 2, 2025July 2, 2025
Tariffs Keep U.S. Interest Rates Elevated as Markets Adjust to Trump’s Economic Agenda
InternationalMacroeconomic

Tariffs Keep U.S. Interest Rates Elevated as Markets Adjust to Trump’s Economic Agenda

U.S. Federal Reserve Chair Jerome Powell revealed that tariffs enacted by President Donald Trump are the primary reason interest rates…

byEkeminiJuly 2, 2025July 2, 2025
Nigeria’s Business Activity Hits 7-Month Low Amid Reforms and Inflation Struggles
BusinessFinanceLocal

Nigeria’s Business Activity Hits 7-Month Low Amid Reforms and Inflation Struggles

Business activity in Nigeria’s private sector weakened in June 2025, hitting its lowest level in seven months, according to Stanbic…

byEkeminiJuly 2, 2025July 2, 2025
Naira Strengthens as Dollar Weakens Globally Amid Economic Shifts
LocalMacroeconomic

Naira Strengthens as Dollar Weakens Globally Amid Economic Shifts

The Nigerian naira appreciated modestly in the official foreign exchange market, closing at N1,527 to the US dollar, up from…

byEkeminiJuly 2, 2025July 2, 2025
Asian Stocks Dip as Trump Tariff Deadline Looms and Fed Rate Cut Outlook Uncertain
BusinessInternationalMarket

Asian Stocks Dip as Trump Tariff Deadline Looms and Fed Rate Cut Outlook Uncertain

Asian stock markets faltered on Wednesday as global investors navigated a complex mix of looming U.S. tariff deadlines, ambiguous Federal…

byEkeminiJuly 2, 2025July 2, 2025
Currency in Circulation Hits N5.01 Trillion in May as Cash Outside Banks Grows to N4.63 Trillion
BusinessFinanceLocal

Currency in Circulation Hits N5.01 Trillion in May as Cash Outside Banks Grows to N4.63 Trillion

Currency in circulation (CIC) in Nigeria rose slightly to N5.015 trillion in May 2025 from N5.003 trillion in April, according…

byEkeminiJuly 2, 2025July 2, 2025
Interswitch’s New Campaign Showcases Fintech’s Human Impact Across Africa
BusinessInternationalTechnology

Interswitch’s New Campaign Showcases Fintech’s Human Impact Across Africa

Interswitch, a leading digital payments and commerce company in Africa, has launched a new Masterbrand campaign that emphasizes its behind-the-scenes…

byEkeminiJuly 2, 2025July 2, 2025
Marketers Resist Dangote’s Petrol Price Cut, Maintain High Pump Rates Despite Crude Dip
BusinessEnergyLocal

Marketers Resist Dangote’s Petrol Price Cut, Maintain High Pump Rates Despite Crude Dip

Despite a recent reduction in the ex-depot petrol price by the Dangote Petroleum Refinery from N880 to N840 per litre,…

byEkeminiJuly 2, 2025July 2, 2025
Investors Lose N150bn as NGX Opens July in the Red Amid Profit-Taking
investmentLocalStock

Investors Lose N150bn as NGX Opens July in the Red Amid Profit-Taking

The Nigerian Exchange Limited (NGX) began July on a bearish note, wiping off N150 billion from investors’ portfolios on Tuesday,…

byEkeminiJuly 2, 2025July 2, 2025
Intel CEO Considers Pivot from Costly 18A Chips to Focus on Promising 14A Technology
BusinessInternationalTechnology

Intel CEO Considers Pivot from Costly 18A Chips to Focus on Promising 14A Technology

Intel’s new CEO, Lip-Bu Tan, is considering a major shift in the company’s chip manufacturing strategy by potentially moving away…

byEkeminiJuly 2, 2025July 2, 2025
Global Markets Hold Steady Amid Tariff Tensions and Uncertain U.S. Rate Policy
InternationalMacroeconomicMarket

Global Markets Hold Steady Amid Tariff Tensions and Uncertain U.S. Rate Policy

Global markets remained cautious as investors weighed developments in U.S. fiscal policy and looming trade uncertainties. Despite the U.S. Senate…

byEkeminiJuly 2, 2025July 2, 2025
Ghanaians Face Price Surge as GRA Implements New Tax Measures
BusinessLocalMacroeconomic

Ghanaians Face Price Surge as GRA Implements New Tax Measures

The Ghana Revenue Authority (GRA) has begun enforcing a set of new tax policies from July 1, 2025, prompting concerns…

byEkeminiJuly 2, 2025July 2, 2025
Nigeria’s Economy Grows 3.7% in First Half of 2025 Amid Oil Boost and Business Expansion
BusinessLocalMacroeconomic

Nigeria’s Economy Grows 3.7% in First Half of 2025 Amid Oil Boost and Business Expansion

Nigeria’s economy experienced a 3.7% year-on-year growth in the first half of 2025, according to the Stanbic IBTC Bank Nigeria…

byEkeminiJuly 2, 2025July 2, 2025

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