Business Finance Local SEC Urges Nigerian Insurers to Tap Capital Market for Recapitalisation Funds September 10, 2025 Ekemini The Securities and Exchange Commission (SEC) has called on Nigerian insurance companies to seize opportunities in the capital market to raise funds for their ongoing recapitalisation exercise. The regulator’s appeal…
Crypto Local Macroeconomic Tinubu Orders Tight Oversight of Digital Currencies as Nigeria Leads Africa in Crypto Adoption September 10, 2025 Ekemini President Bola Tinubu has instructed Nigeria’s financial and capital market regulators to step up oversight of stablecoins and other digital currencies amid the country’s surging crypto adoption. Speaking at the…
Business International Market Zara Owner Inditex Stock Jumps 7% as Strong Autumn/Winter Sales Reassure Investors September 10, 2025 Ekemini European markets opened higher on Wednesday, buoyed by fresh earnings updates, inflation data, and global trade news. The pan-European Stoxx 600 index climbed 0.5% in early trading, with most sectors…
Business Local Technology Nigeria’s Telecom Industry Faces Critical Skills Shortage as Operators Push for Training Reforms September 10, 2025 Ekemini Nigeria’s telecommunications industry is sounding the alarm over a deepening skills gap that threatens its growth and ability to deliver quality services. At a recent Nigerian Communications Commission (NCC) stakeholders’…
Local Technology Nigerian Students Embrace AI as Study Partner, Google Search Trends Reveal September 10, 2025 Ekemini As schools reopen across Nigeria, students are increasingly turning to Artificial Intelligence (AI) as a learning companion. According to Google Search data, interest in “AI + studying” surged by more…
Business Local Macroeconomic Nigeria’s Battle Against Inflation: How CBN’s Tough Policies Are Easing Economic Pressures September 10, 2025 Ekemini Nigeria’s economy has long faced headwinds ranging from corruption and insecurity to poor infrastructure and heavy dependence on imports. But the most biting challenge in recent years has been inflation,…
Business Local Macroeconomic Nigerian Bond Market Stays Flat as Investors Hold Positions at 16.97% Yield September 10, 2025 Ekemini The Nigerian bond market closed quietly on Tuesday as investors maintained a cautious stance, leaving the average yield unchanged at 16.97%. Despite expectations of fresh triggers to drive activity, trading…
Banking Business Economy Local Senate Urges CBN to Extend Loan Forbearance Deadline to Protect Investors September 10, 2025 Ekemini The Senate has called on the Central Bank of Nigeria (CBN) to extend the deadline for banks to end loan forbearance, warning that the current timeline could harm investor confidence.…
Business insurance Local Guinea Insurance Premium Soars to N2.94bn as Shareholders Back Recapitalisation Plan September 10, 2025 Ekemini Guinea Insurance Plc has reported strong financial growth for 2024, with Gross Premium Written rising by 35.6 percent to N2.94 billion, up from N2.17 billion in 2023. This milestone was…
Local Technology AI Deception Risks Spark Calls for Stronger Consumer Protection in Nigeria September 10, 2025 Ekemini Artificial intelligence (AI) is fast becoming one of the most transformative technologies of the 21st century, but experts are warning that its growth carries hidden dangers. Beyond the excitement about…
Business Energy Health Local Tinubu Launches Energy Reforms to End Power Crisis in Nigerian Hospitals September 10, 2025 Ekemini President Bola Ahmed Tinubu has unveiled a comprehensive energy reform plan designed to end the recurring power supply crisis in Nigerian hospitals. Speaking at the National Stakeholders Dialogue on Power…
Business Energy International investment Chinese Firm Fuhai Energy to Invest $2.1 Billion in Bauchi Petrochemical Hub, Promising 50,000 Jobs September 10, 2025 Ekemini A major investment deal is set to transform Bauchi State’s economy, as Chinese company Fuhai Energy Group Company Limited has announced plans to inject $2.1 billion into building a world-class…
Business International Market Asia Markets Rally on Wall Street Gains and Fed Rate-Cut Hopes; South Korea’s Kospi Hits Record High September 10, 2025 Ekemini Asia-Pacific markets climbed on Wednesday, following Wall Street’s strong performance as investors anticipated a potential Federal Reserve rate cut. Optimism over easing U.S. monetary policy, coupled with China’s latest inflation…
Business investment Local Rising Nigerian T-Bill Yields Signal New Opportunities for Investors Amid Inflation Drop September 10, 2025 Ekemini Investors are seeing a shift in Nigeria’s fixed-income market as Treasury bill (T-Bill) yields rise for the third consecutive auction. The Central Bank of Nigeria (CBN) recently raised the yield…
Business Finance Local CBN Schedules MPC Meeting for September 22: Investors Eye Interest Rate Decisions Amid Stable Naira September 10, 2025 Ekemini The Central Bank of Nigeria (CBN) has announced that its 302nd Monetary Policy Committee (MPC) meeting will take place later this month in Abuja. According to the official statement on…
Business Local Technology Ghanaian Businesses Gain Affordable Cybersecurity with Africa’s First Monthly SIEM Subscription Service September 10, 2025 Ekemini Ghanaian businesses now have access to Africa’s first monthly subscription-based Security Information and Event Management (SIEM) service, thanks to a collaboration between Virtual Infosec Africa (VIA) and global cybersecurity firm…
Agriculture International Macroeconomic Ghana Endorses Phase Two of ECOWAS Livestock Programme to Boost Meat Production and Trade September 10, 2025 Ekemini Ghana has officially endorsed the second phase of the West Africa Livestock Marketing Support Programme (PACBAO), aiming to strengthen the livestock value chain and reduce the country’s $375 million annual…
Business Finance Local NGX Extends Bullish Run with N254bn Gain as Banking and Insurance Stocks Drive Market September 10, 2025 Ekemini The Nigerian Exchange (NGX) sustained its bullish momentum on Tuesday, as investors’ strong interest in banking and insurance stocks lifted the market by N254 billion. The gain extends the positive…
Finance Local Technology Nigerian Banks Set to Boost Digital Lending and Tech with Recapitalisation Funds – McKinsey September 10, 2025 Ekemini Nigerian banks are poised to channel newly raised recapitalisation funds into technology upgrades, digital lending, and expansion into non-banking services, McKinsey & Company has revealed. The insight came from Mayowa…
Business Economy Local Renewed Hope Housing Programme: FG Tackles Nigeria’s 17 Million Housing Deficit with N70bn Investment and PPPs September 9, 2025 Ekemini Nigeria’s housing landscape is undergoing a transformative shift under the Renewed Hope Housing Programme, a flagship initiative by President Bola Tinubu aimed at addressing the country’s estimated 17 million housing…
Business International Technology Netskope Joins Rare Cybersecurity IPO Wave After Rubrik, Backed by Lightspeed Venture Partners September 9, 2025 Ekemini The cybersecurity sector is gearing up for another rare Wall Street debut as Netskope, a cloud security platform, prepares to go public next week. The move follows closely behind Rubrik’s…
Business Local Technology Nigeria Leads in AI Adoption at 93% While Strengthening Privacy, Zoho Report Reveals September 9, 2025 Ekemini Artificial intelligence (AI) is becoming a defining feature of Nigerian business, with a staggering 93% of organisations already adopting AI solutions, according to a new survey by Arion Research on…
Business Local Market Investors Lose ₦823bn as Bearish Sentiment Deepens on NGX September 9, 2025 Ekemini The Nigerian Exchange Limited (NGX) extended its losing streak last week as investors’ wealth dropped by ₦823 billion amid waning appetite for equities. The All-Share Index (ASI) fell by 0.94…
Energy Local Macroeconomic Nigeria Faces Fiscal Pressure as OPEC+ Oil Output Surge Threatens Budget Benchmarks September 9, 2025 Ekemini Nigeria is bracing for renewed fiscal strain after OPEC+ announced it would accelerate oil production increases, a move that could deepen economic challenges for Africa’s largest crude producer. The oil…
Business investment Local ₦190bn Unclaimed Dividends: NOA Urges Nigerians to Reclaim Forgotten Stock Market Earnings September 9, 2025 Ekemini The National Orientation Agency (NOA) has called on Nigerians to reclaim their unclaimed dividends, revealing that over ₦190 billion remains uncollected in the nation’s capital market. The agency raised the…
Energy Local Macroeconomic CEMSE Urges Government to Scrap BOST Margin as Fuel Prices Squeeze Ghanaians September 9, 2025 Ekemini The Centre for Environmental Management and Sustainable Energy (CEMSE) is calling on government to immediately abolish the Bulk Oil Storage and Transportation (BOST) margin, describing it as an unnecessary levy…
Energy Local Macroeconomic Nigeria Seeks $500m World Bank Loan to Boost Power Distribution and Metering Nationwide September 9, 2025 Ekemini Nigeria’s Federal Government is turning to the World Bank for a $500 million lifeline to tackle the persistent challenges in its electricity distribution sector. The loan, officials say, will help…
Business International Global Stocks Rally as Dollar Weakens Amid Political Uncertainty in Argentina, Japan, and Europe September 9, 2025 Ekemini Global stock markets started the week on a positive note as the U.S. dollar slipped broadly, giving investors a boost despite political turbulence across several key economies. The weaker dollar…
Business International Technology AI Driving Scalability and Innovation in African Enterprises, Experts Say September 9, 2025 Ekemini Artificial Intelligence (AI) is no longer a futuristic buzzword but a transformative force shaping how African enterprises operate and expand. According to information analyst and cybersecurity expert Nathaniel Akande, AI…
Business Energy Local Dangote Refinery vs NUPENG: Fuel Supply Disruptions Deepen as Labour Dispute Escalates September 9, 2025 Ekemini Nigeria’s oil sector is facing fresh tension as talks between Dangote Refinery and labour unions—NUPENG and PENGASSAN, ended in deadlock on Monday. The unions insist that refinery staff must be…
