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Day: August 27, 2025

IMF Urges Governments to Boost Debt Transparency to Lower Borrowing Costs
BusinessLocal

IMF Urges Governments to Boost Debt Transparency to Lower Borrowing Costs

The International Monetary Fund (IMF) has called on governments worldwide to strengthen debt transparency to restore investor confidence and reduce…

byEkeminiAugust 27, 2025August 27, 2025
Stock Futures Flat as Investors Await Nvidia Earnings: AI Demand Fuels Market Optimism
BusinessInternationalMarket

Stock Futures Flat as Investors Await Nvidia Earnings: AI Demand Fuels Market Optimism

Stock futures were little changed on Wednesday as Wall Street awaited Nvidia’s highly anticipated earnings report, a potential turning point…

byEkeminiAugust 27, 2025August 27, 2025
Nigeria Faces 18.9% Oil Production Deficit, Missing 2025 Budget Target by 82.5 Million Barrels
BusinessEnergyLocal

Nigeria Faces 18.9% Oil Production Deficit, Missing 2025 Budget Target by 82.5 Million Barrels

Seven months into the 2025 fiscal year, Nigeria’s crude oil output has fallen short of projections by 82.46 million barrels,…

byEkeminiAugust 27, 2025August 27, 2025
Trump’s 50% Tariffs on Indian Goods Take Effect, Escalating U.S.-India Trade Tensions
InternationalMacroeconomic

Trump’s 50% Tariffs on Indian Goods Take Effect, Escalating U.S.-India Trade Tensions

U.S. President Donald Trump’s decision to double tariffs on Indian goods to as high as 50% officially took effect on…

byEkeminiAugust 27, 2025August 27, 2025
Ghana Launches New Financing Frameworks to Boost Cocoa, Oil Palm, and Strategic Crops
AgricultureLocalMacroeconomic

Ghana Launches New Financing Frameworks to Boost Cocoa, Oil Palm, and Strategic Crops

Ghana has initiated a major step to strengthen agricultural financing by setting up three Technical Committees to develop new funding…

byEkeminiAugust 27, 2025August 27, 2025
Tinubu Commends Nigeria’s Capital Market Growth, Vows More Reforms During Brazil Visit
LocalMacroeconomic

Tinubu Commends Nigeria’s Capital Market Growth, Vows More Reforms During Brazil Visit

President Bola Tinubu has lauded the significant growth of Nigeria’s capital market, attributing the surge in market activity to renewed…

byEkeminiAugust 27, 2025August 27, 2025
CBN Sets October 31 Deadline for Banks to Upgrade to ISO 20022 and Geo-Tag Payment Terminals
BankingLocalTechnology

CBN Sets October 31 Deadline for Banks to Upgrade to ISO 20022 and Geo-Tag Payment Terminals

The Central Bank of Nigeria (CBN) has directed all financial institutions and payment service providers to complete the migration to…

byEkeminiAugust 27, 2025August 27, 2025
Naira Falls to N1,550/$ in Parallel Market as FX Gap Widens
BusinessLocalMacroeconomic

Naira Falls to N1,550/$ in Parallel Market as FX Gap Widens

The Naira weakened further on Tuesday, sliding to N1,550 per dollar in the parallel market, down from N1,540 recorded on Monday.…

byEkeminiAugust 27, 2025August 27, 2025
Kaduna Governor Hails $30 Billion Investment Opportunities from Tinubu’s Brazil State Visit
BusinessInternationalinvestment

Kaduna Governor Hails $30 Billion Investment Opportunities from Tinubu’s Brazil State Visit

Kaduna State Governor Uba Sani has praised President Bola Tinubu’s recent state visit to Brazil as a transformative step for…

byEkeminiAugust 27, 2025August 27, 2025
Nigeria’s Stock Market Surges: Local Investors Drive N1.81 Trillion FPI Boom in July 2025
BusinessinvestmentLocal

Nigeria’s Stock Market Surges: Local Investors Drive N1.81 Trillion FPI Boom in July 2025

Nigeria’s stock market witnessed a remarkable surge in July 2025, with foreign portfolio investment (FPI) hitting N1.81 trillion, more than…

byEkeminiAugust 27, 2025August 27, 2025

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