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Day: September 9, 2025

Renewed Hope Housing Programme: FG Tackles Nigeria’s 17 Million Housing Deficit with N70bn Investment and PPPs
BusinessEconomyLocal

Renewed Hope Housing Programme: FG Tackles Nigeria’s 17 Million Housing Deficit with N70bn Investment and PPPs

Nigeria’s housing landscape is undergoing a transformative shift under the Renewed Hope Housing Programme, a flagship initiative by President Bola…

byEkeminiSeptember 9, 2025September 9, 2025
Netskope Joins Rare Cybersecurity IPO Wave After Rubrik, Backed by Lightspeed Venture Partners
BusinessInternationalTechnology

Netskope Joins Rare Cybersecurity IPO Wave After Rubrik, Backed by Lightspeed Venture Partners

The cybersecurity sector is gearing up for another rare Wall Street debut as Netskope, a cloud security platform, prepares to…

byEkeminiSeptember 9, 2025September 9, 2025
Nigeria Leads in AI Adoption at 93% While Strengthening Privacy, Zoho Report Reveals
BusinessLocalTechnology

Nigeria Leads in AI Adoption at 93% While Strengthening Privacy, Zoho Report Reveals

Artificial intelligence (AI) is becoming a defining feature of Nigerian business, with a staggering 93% of organisations already adopting AI…

byEkeminiSeptember 9, 2025September 9, 2025
Investors Lose ₦823bn as Bearish Sentiment Deepens on NGX
BusinessLocalMarket

Investors Lose ₦823bn as Bearish Sentiment Deepens on NGX

The Nigerian Exchange Limited (NGX) extended its losing streak last week as investors’ wealth dropped by ₦823 billion amid waning…

byEkeminiSeptember 9, 2025September 9, 2025
Nigeria Faces Fiscal Pressure as OPEC+ Oil Output Surge Threatens Budget Benchmarks
EnergyLocalMacroeconomic

Nigeria Faces Fiscal Pressure as OPEC+ Oil Output Surge Threatens Budget Benchmarks

Nigeria is bracing for renewed fiscal strain after OPEC+ announced it would accelerate oil production increases, a move that could…

byEkeminiSeptember 9, 2025September 9, 2025
₦190bn Unclaimed Dividends: NOA Urges Nigerians to Reclaim Forgotten Stock Market Earnings
BusinessinvestmentLocal

₦190bn Unclaimed Dividends: NOA Urges Nigerians to Reclaim Forgotten Stock Market Earnings

The National Orientation Agency (NOA) has called on Nigerians to reclaim their unclaimed dividends, revealing that over ₦190 billion remains…

byEkeminiSeptember 9, 2025September 9, 2025
CEMSE Urges Government to Scrap BOST Margin as Fuel Prices Squeeze Ghanaians
EnergyLocalMacroeconomic

CEMSE Urges Government to Scrap BOST Margin as Fuel Prices Squeeze Ghanaians

The Centre for Environmental Management and Sustainable Energy (CEMSE) is calling on government to immediately abolish the Bulk Oil Storage…

byEkeminiSeptember 9, 2025September 9, 2025
Nigeria Seeks $500m World Bank Loan to Boost Power Distribution and Metering Nationwide
EnergyLocalMacroeconomic

Nigeria Seeks $500m World Bank Loan to Boost Power Distribution and Metering Nationwide

Nigeria’s Federal Government is turning to the World Bank for a $500 million lifeline to tackle the persistent challenges in…

byEkeminiSeptember 9, 2025September 9, 2025
Global Stocks Rally as Dollar Weakens Amid Political Uncertainty in Argentina, Japan, and Europe
BusinessInternational

Global Stocks Rally as Dollar Weakens Amid Political Uncertainty in Argentina, Japan, and Europe

Global stock markets started the week on a positive note as the U.S. dollar slipped broadly, giving investors a boost…

byEkeminiSeptember 9, 2025September 9, 2025
AI Driving Scalability and Innovation in African Enterprises, Experts Say
BusinessInternationalTechnology

AI Driving Scalability and Innovation in African Enterprises, Experts Say

Artificial Intelligence (AI) is no longer a futuristic buzzword but a transformative force shaping how African enterprises operate and expand.…

byEkeminiSeptember 9, 2025September 9, 2025
Dangote Refinery vs NUPENG: Fuel Supply Disruptions Deepen as Labour Dispute Escalates
BusinessEnergyLocal

Dangote Refinery vs NUPENG: Fuel Supply Disruptions Deepen as Labour Dispute Escalates

Nigeria’s oil sector is facing fresh tension as talks between Dangote Refinery and labour unions—NUPENG and PENGASSAN, ended in deadlock…

byEkeminiSeptember 9, 2025September 9, 2025
Foreign Investors Retreat as Nigeria’s Forex Inflows Drop 26.9% in August
BusinessLocal

Foreign Investors Retreat as Nigeria’s Forex Inflows Drop 26.9% in August

Nigeria’s foreign exchange market witnessed a significant slowdown in August, with inflows into the Nigerian Foreign Exchange Market (NFEM) falling…

byEkeminiSeptember 9, 2025September 9, 2025
Nigeria’s $76bn Telecom Investment Still Leaves 27 Million Without Connectivity
BusinessLocalTechnology

Nigeria’s $76bn Telecom Investment Still Leaves 27 Million Without Connectivity

Nigeria’s telecommunications industry has attracted nearly $76 billion in investment since privatisation in 2001, transforming the sector from fewer than…

byEkeminiSeptember 9, 2025September 9, 2025
SpaceX Strikes $17 Billion Deal with EchoStar to Power Next-Gen Starlink Connectivity
BusinessInternationalTechnology

SpaceX Strikes $17 Billion Deal with EchoStar to Power Next-Gen Starlink Connectivity

Elon Musk’s SpaceX has secured a landmark $17 billion agreement with EchoStar Corp to accelerate the expansion of its Starlink…

byEkeminiSeptember 9, 2025September 9, 2025
Tinubu Sacks Aide on Digital and Creative Economy, Issues Stern Warning to Stakeholders
LocalPoliticsTechnology

Tinubu Sacks Aide on Digital and Creative Economy, Issues Stern Warning to Stakeholders

President Bola Ahmed Tinubu has dismissed Fegho John Umunubo from his role as Special Assistant on Digital and Creative Economy…

byEkeminiSeptember 9, 2025September 9, 2025
U.S. Treasury Yields Steady Ahead of Key Inflation Reports as Market Eyes Fed Rate Decision
FinanceInternationalMacroeconomic

U.S. Treasury Yields Steady Ahead of Key Inflation Reports as Market Eyes Fed Rate Decision

U.S. Treasury yields remained largely unchanged on Tuesday as investors awaited critical inflation data that could shape the Federal Reserve’s…

byEkeminiSeptember 9, 2025September 9, 2025
Exchange Rate Reflects Economy, Not Defines It — Prof. Baah-Boateng Explains Ghana’s Cedi Movements
LocalMacroeconomic

Exchange Rate Reflects Economy, Not Defines It — Prof. Baah-Boateng Explains Ghana’s Cedi Movements

The Vice Chancellor of Methodist University and prominent economist, Professor William Baah-Boateng, has emphasized that exchange rate movements, while noteworthy,…

byEkeminiSeptember 9, 2025September 9, 2025
Nigerian Firms Allocate Over 30% of IT Budgets to Privacy Amid Rising AI Adoption
BusinessLocalTechnology

Nigerian Firms Allocate Over 30% of IT Budgets to Privacy Amid Rising AI Adoption

Nigerian companies are significantly ramping up investments in privacy protection as artificial intelligence (AI) becomes central to their operations. According…

byEkeminiSeptember 9, 2025September 9, 2025
Nigeria’s Trade Investments Plunge as Inflation and FX Pressures Bite Amid Local Sourcing Shift
BusinessInternationalinvestment

Nigeria’s Trade Investments Plunge as Inflation and FX Pressures Bite Amid Local Sourcing Shift

Foreign investment in Nigeria’s trade sector has taken a sharp hit, with capital inflows plummeting to $34.39 million in the…

byEkeminiSeptember 9, 2025September 9, 2025
NGX Gains N263bn as Consumer Goods, Insurance Stocks Drive Market Rally
BusinessLocalStock

NGX Gains N263bn as Consumer Goods, Insurance Stocks Drive Market Rally

The Nigerian Exchange (NGX) opened the week on a positive note, posting a N263 billion gain in market capitalization as…

byEkeminiSeptember 9, 2025September 9, 2025

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