Business Local Technology Nigerian Fintech Leaders Engage Regulators and Lawmakers to Shape Inclusive Growth Framework September 30, 2025 Ekemini Nigeria’s fast-growing financial technology industry is strengthening its ties with government regulators and lawmakers to accelerate innovation and financial inclusion. The Fintech Association of Nigeria (FintechNGR), the umbrella body representing…
Local Technology Google and Handle It Africa Empower Nigerian Creators with AI Tools to Build Digital Careers September 30, 2025 Ekemini Nigeria’s creative economy is undergoing a transformation as young entrepreneurs increasingly embrace Artificial Intelligence (AI) to scale their content and digital businesses. This trend was spotlighted at “What’s Tea?”, an…
Business Energy Local Court Blocks PENGASSAN From Cutting Gas Supply to Dangote Refinery Amid Labour Dispute September 30, 2025 Ekemini The National Industrial Court in Abuja has issued a temporary order stopping the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and other regulatory bodies from cutting crude…
International Macroeconomic European Markets Dip Amid U.S. Tariff Concerns and Political Uncertainty September 30, 2025 Ekemini European markets opened lower on Tuesday as investors closely monitored U.S. trade policies and political developments, raising concerns over global economic stability. Traders were reacting to President Donald Trump’s announcement…
Business Finance Local Stock NGX Introduces N150 Million Capital Gains Tax Exemption to Boost Nigerian Investors September 30, 2025 Ekemini The Nigerian Exchange Group (NGX) has announced a significant tax relief for investors in the country’s capital market, unveiling a N150 million annual exemption under the new Capital Gains Tax…
Business Energy Local NNPC, Dangote Refinery Ink New Two-Year Crude Supply Deal to Boost Domestic Fuel Stability September 30, 2025 Ekemini The Nigerian National Petroleum Company Limited (NNPC) has signed a fresh two-year crude oil supply agreement with Dangote Petroleum Refinery, ensuring a steady feedstock for the nation’s largest refinery. The…
Business Energy Local Dangote Refinery Strike: PENGASSAN Defies Court Order, Vows to Continue Industrial Action September 30, 2025 Ekemini The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has vowed to continue its strike at Dangote Petroleum Refinery and Petrochemicals FZE, despite a restraining order from the…
Business investment Local Nairobi Securities Exchange Secondary Bond Market Hits Record KSh 2 Trillion Turnover in 2025 September 29, 2025 Ekemini The Nairobi Securities Exchange (NSE) has achieved a historic milestone as its secondary bond market surpassed KSh 2 trillion in turnover as of September 24, 2025. This marks the first…
Business Energy Local Tullow Exits Kenya as Gulf Energy Takes Over Turkana Oil, Government Ramps Up Commercialisation September 29, 2025 Ekemini After 14 years in Kenya, British oil explorer Tullow Oil has officially exited the country, selling its entire Kenyan operations to Auron Energy E&P Limited, a subsidiary of Gulf Energy…
Finance Local Technology CBK Caps Mobile Money Fees: M-Pesa and Airtel Users to Pay Less for Transfers in Kenya September 29, 2025 Ekemini Kenyans could soon enjoy cheaper mobile money transfers as the Central Bank of Kenya (CBK) moves to cap transaction fees on popular services like M-Pesa and Airtel Money. The decision…
Business Energy Local ECG Records Historic GH¢1.74 Billion Revenue in July 2025 Amid Major Reforms September 29, 2025 Ekemini The Electricity Company of Ghana (ECG) has hit a historic milestone, raising GH¢1.74 billion in revenue in July 2025, marking the highest monthly collection in the company’s history. Acting Managing…
Local Technology Ghana Aims for Full Digital TV Migration by Q2 2026 Amid GH¢82 Million Set-Top Box Duty Challenge September 29, 2025 Ekemini Ghana is set to achieve a major milestone in its broadcasting sector as the government targets the second quarter of 2026 for full migration from analogue to digital television. Digital…
Business International Macroeconomic European Markets Open Higher as Lufthansa Cuts 4,000 Jobs, Spain’s Inflation Rises September 29, 2025 Ekemini European stock markets started the week on a positive note on Monday, shrugging off worries about a possible U.S. government shutdown. The pan-European Stoxx 600 index edged up 0.3% by…
Local Technology Amazon to Refund $1.5 Billion in Prime Settlement After FTC “Dark Patterns” Probe September 29, 2025 Ekemini Amazon.com Inc. has agreed to refund $1.5 billion to millions of customers after a landmark settlement with the U.S. Federal Trade Commission (FTC). The deal, totaling $2.5 billion, comes after…
Business Local NGX Urges Nigeria to Harness Blue Bonds for Maritime Growth and $10bn Investment Drive September 29, 2025 Ekemini Nigeria’s vast maritime resources could soon power a new wave of economic growth if the country embraces innovative financing tools like blue bonds, according to the Chief Executive Officer of…
Business International Technology Venture Capital’s AI Services Bet Faces Hidden Challenges as “Workslop” Costs Mount September 29, 2025 Ekemini Venture capital firms are racing to apply artificial intelligence to traditional services businesses, convinced they can replicate software’s sky-high margins. Leading the charge is General Catalyst (GC), which has earmarked…
International Technology Kenya Moves to Slash M-PESA and Airtel Money Fees to Boost Financial Inclusion September 29, 2025 Ekemini Kenya’s Central Bank (CBK) is moving to cut the cost of sending money through popular mobile money platforms M-PESA and Airtel Money, saying high transaction fees are choking innovation and…
Business Local Macroeconomic Experts Rank Nigeria Among World’s Poorest in Trade and Property Rights, Call for Urgent Reforms September 29, 2025 Ekemini Nigeria’s trade and investment environment is under fresh scrutiny as experts warn that the country’s restrictive policies and weak legal institutions are strangling economic freedom. At two high-level roundtables hosted…
Local Macroeconomic Nigeria Clarifies 25% Capital Gains Tax on Share Sales Reinvested in Fixed Income Assets September 29, 2025 Ekemini The Federal Government has provided fresh clarity on how its newly introduced 25% Capital Gains Tax (CGT) on share disposals will work, addressing widespread concerns among capital market operators. Speaking…
Business Local Market Nigeria’s External Reserves Surge to $42.2 Billion — Highest in Six Years Amid Oil Output Gains and FX Reforms September 29, 2025 Ekemini Nigeria’s foreign exchange buffer has reached its strongest level in more than six years, crossing the $42 billion mark despite persistent oil price volatility. Central Bank of Nigeria (CBN) data…
Business Energy Local Dangote Refinery Warns PENGASSAN Strike Could Disrupt Fuel Supply for 230 Million Nigerians September 29, 2025 Ekemini Nigeria’s largest private oil refinery, Dangote Refinery, has raised alarm over an ongoing nationwide strike by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), warning it could…
Business International Stock China’s Stock Market Surge: AI and Chips Drive a Powerful Rally — But Is a Bubble Brewing? September 29, 2025 Ekemini China’s stock market is on a powerful upswing, with the benchmark CSI 300 index climbing about 16% since the start of the year to near three-year highs. The rally has…
Business Energy Local Federal Government Reassures Nigerians of Stable Fuel Supply, Naira-for-Crude Deal Continues September 29, 2025 Ekemini The Federal Government has assured Nigerians that there will be no disruption in the supply of petrol and other refined petroleum products across the country. This pledge comes amid rising…
Business International Macroeconomic World Bank Cautions Ghana on Early Eurobond Market Return, Urges Focus on Reforms September 29, 2025 Ekemini The World Bank has strongly advised Ghana’s government against rushing back to the Eurobond market, warning that such a move could erode investor confidence and derail the country’s fragile economic…
Business Finance Local Ghana Treasury Bill Auction Undersubscribed: Government Misses Target by ¢2 Billion Amid Weak Bank Liquidity September 29, 2025 Ekemini Ghana’s government fell short of its Treasury bill (T-bill) target last week, underscoring growing investor caution and tight liquidity within the banking sector. According to fresh data from the Bank…
Business Energy Local Niger Delta Communities Mobilise Petroleum Industry Act Funds for Sustainable Development September 29, 2025 Ekemini Oil-producing communities across the Niger Delta are stepping up efforts to leverage the Petroleum Industry Act (PIA) for rapid and sustainable development. At a recent town hall meeting in Ekpan,…
Business Local Technology Lagos Pledges Ongoing Investment in Digital Infrastructure at GITEX to Drive Nigeria’s Tech Economy September 29, 2025 Ekemini The Lagos State Government has reaffirmed its commitment to sustained investment in digital infrastructure, talent development, and regulatory reforms aimed at powering Nigeria’s tech-driven future. Speaking at the ICT Commissioners…
Business Energy Local JUST IN: Dangote Refinery reorganises workforce over sabotage, denies mass sack September 26, 2025 Ekemini Dangote Petroleum Refinery and Petrochemicals has announced a sweeping reorganisation of its operations and workforce, saying the move is aimed at addressing repeated acts of sabotage that have threatened the…
Business Economy Local CBN Cuts Interest Rate to 27% to Ease Borrowing Costs for SMEs and Households September 26, 2025 Ekemini The Central Bank of Nigeria (CBN) has lowered its benchmark Monetary Policy Rate (MPR) by 50 basis points to 27 percent, a move aimed at easing borrowing costs for small…
Energy Local Macroeconomic Cooking Gas Prices Drop: Average 5kg Cylinder Now Costs ₦6,404 in August 2025 – NBS Report September 26, 2025 Ekemini Nigerians are finally getting some relief at the cooking gas pump as prices dropped sharply in August 2025. According to the latest “Liquefied Petroleum Gas (Cooking Gas) Price Watch” report…
