Business Finance Local AMCON Offloads 34% Stake in Unity Bank to Providus Bank Ahead of Landmark Merger September 26, 2025 Ekemini The Asset Management Corporation of Nigeria (AMCON) has sold its entire 34 per cent equity holding in Unity Bank Plc to Providus Bank Ltd, sealing a landmark transaction on the…
Business investment Local Nigeria Records $19.92 Billion in Investment Signals in Q2 2025, Surging 278% from Q1 September 26, 2025 Ekemini Nigeria has recorded a remarkable $19.92 billion in investment signals in the second quarter of 2025 (Q2’25), representing a 277.9% jump from the $5.27 billion recorded in the first quarter…
Business Local FGN Launches N200bn 5- and 7-Year Bonds at 17.95% Yield for Investors September 26, 2025 Ekemini The Federal Government of Nigeria (FGN) has opened a fresh investment opportunity, offering N200 billion worth of bonds through its Debt Management Office (DMO). The bonds, split equally between a…
International Macroeconomic Mahama Calls for Reset of Global Financial System to Empower Africa at UN Assembly September 26, 2025 Ekemini Ghanaian President John Dramani Mahama has urged for a major overhaul of the global financial system, insisting that Africa needs a stronger voice in the world’s multilateral financial institutions. Speaking…
Business International Macroeconomic Ghana and UK Strengthen Trade Ties: Focus on Agribusiness, Investment, and Infrastructure September 26, 2025 Ekemini Ghana is taking a bold step to boost trade relations with the United Kingdom, following a high-level meeting between Sampson Ahi, Ghana’s Deputy Minister for Trade, Agribusiness & Industry, and…
Business Local Macroeconomic Citi Projects Naira to Weaken to ₦1,700/$ by 2026 as CBN Cuts Rates and Oil Prices Fall September 26, 2025 Ekemini The Nigerian naira, which has shown surprising stability throughout 2025, may lose some of its strength next year, according to a new forecast from Citigroup. The global financial services firm…
Business Finance International Mastercard Partners with Smile ID to Boost Secure Digital Identity Solutions Across Africa September 26, 2025 Ekemini Mastercard has strengthened its collaboration with Smile ID, a leading African identity verification company, to expand secure digital identity solutions across the continent. The partnership is designed to tackle fraud,…
International Macroeconomic Market Dollar Holds Firm as Markets Eye U.S. Spending Data and Fed Rate Path Amid New Tariffs September 26, 2025 Ekemini The U.S. dollar held steady near multi-week highs on Friday as stronger-than-expected economic data dampened expectations for further monetary easing by the Federal Reserve. Investors are closely watching upcoming U.S.…
Business investment Local Market Nigerian Equities Market Rebounds as Investors Inject N279bn, Boosting Market Capitalisation September 26, 2025 Ekemini The Nigerian equities market staged a strong comeback on Thursday, reversing earlier losses with a N279 billion boost to market capitalisation. This positive shift, recorded at the Nigerian Exchange Limited…
Business International investment UK Courts Ghanaian Businesses to Strengthen Trade Partnerships and Support 24-Hour Economy September 26, 2025 Ekemini The United Kingdom is urging Ghanaian businesses to see the UK as a key gateway for trade and investment, positioning it as a springboard for growth into European and global…
Finance Local Macroeconomic World Bank Urges Ghana to Favour Concessional Loans Over Costly Domestic Borrowing September 26, 2025 Ekemini The World Bank has advised Ghana’s government to prioritise concessional loans from international lenders over high-interest domestic borrowing to finance its development projects. According to Robert Taliercio, the Bank’s Country…
Business Energy Local Nigeria Breaks 10-Year Oil Investment Drought as Reforms Attract Billions in Fresh Capital September 26, 2025 Ekemini Nigeria’s oil sector is witnessing a revival after a decade of stagnation, as fresh investments pour in following sweeping reforms by President Bola Tinubu’s administration. Minister of State for Petroleum…
Agriculture Business Local Julius Berger exits agro-processing, leases cashew plant to Eko Organic Foods September 26, 2025 Ekemini Julius Berger Nigeria Plc has announced it is stepping back from direct agro-processing operations by leasing its cashew processing plant to Eko Organic Food Industries Limited. The decision, revealed in…
Business Energy Local NUPRC approves sale of TotalEnergies’ stake in OML 118 to SNEPCo, Agip September 26, 2025 Ekemini The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has given its approval for TotalEnergies EP Nigeria Limited to divest its entire 12.5 percent stake in Oil Mining Lease (OML) 118. The…
Finance Local Ekiti tops fiscal transparency ranking with 100% success September 26, 2025 Ekemini Ado-Ekiti State has, once again, been recognised as the most fiscally transparent state in Nigeria, achieving a perfect 100 per cent score across all fiscal transparency benchmarks. The latest States…
Local FG announces tuition-free education in technical colleges September 26, 2025 Ekemini In its bid to make technical education accessible to all Nigerian children, the Nigerian Government has announced tuition-free education in all Federal Technical Colleges (FTCs) across the country. The government…
Business Local Market First HoldCo Chairman Otedola acquires N1.21 billion direct shares, increases indirect stake September 26, 2025 Ekemini First HoldCo Plc has revealed that its Group Chairman, Mr Olufemi Otedola, a significant shareholder, has increased his stake in the company with the purchase of 39,313,379 units valued at…
Finance Local Macroeconomic Ghana Signs $256 Million Debt Restructuring Deal with UK, Unlocking Key Infrastructure Projects September 25, 2025 Ekemini Ghana has taken a major step toward economic recovery by signing a $256 million bilateral debt restructuring agreement with the United Kingdom. The deal, finalized in Accra, aims to ease…
Energy Local Ghana’s $500 Billion Net-Zero Transition Plan Targets 2070 with Private Sector Support September 25, 2025 Ekemini Ghana has announced that achieving a net-zero energy transition by 2070 will require more than $500 billion in investments, highlighting the scale of the country’s commitment to a sustainable future.…
Business Finance Local PenCom Directs PFAs to Report Pension Contributions Above $10,000 to NFIU Within 24 Hours September 25, 2025 Ekemini The National Pension Commission (PenCom) has issued a strict directive requiring all Pension Fund Administrators (PFAs) and Pension Fund Custodians (PFCs) to report any foreign currency pension contributions exceeding $10,000…
Business International US-Nigeria Bilateral Trade Hits $13 Billion in 2024 as Partnerships Deepen September 25, 2025 Ekemini The United States and Nigeria saw their bilateral trade surge to nearly $13 billion in 2024, the U.S. Consul General in Lagos, Rick Swart, revealed on Wednesday. Swart attributed the…
Finance investment Local PenCom Opens Pension Funds to Foreign Currency Investments, Sets Reporting Rules for Contributions Above $10,000 September 25, 2025 Ekemini The National Pension Commission (PenCom) has announced a major policy shift, allowing Pension Fund Administrators (PFAs) to invest a portion of pension funds in foreign currency-denominated instruments. This decision comes…
Energy Local Macroeconomic Nigeria Reaches 2 Million Barrels per Day capacity Crude Oil Production Amid Efforts to Curb Theft – NUPRC September 25, 2025 Ekemini Nigeria has now reached a production capacity of 2 million crude oil barrels per day (bpd), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced Thursday. While still slightly below the…
Local Technology AI in Regulation: Experts Highlight Benefits and Risks at 2025 ICE Summit September 25, 2025 Ekemini Experts at the 2025 ICE Summit Regulators’ Masterclass have shed light on the growing role of Artificial Intelligence (AI) in shaping regulatory frameworks, emphasizing both its transformative potential and inherent…
Business Local Macroeconomic World Bank Urges Bold Reforms to Drive Ghana’s Generational Economic Transformation September 25, 2025 Ekemini The World Bank has called on Ghana to implement urgent economic reforms to secure long-term growth and create more jobs, unveiling its 2025 policy recommendations in Accra on Wednesday, September…
Business Local Technology Policymakers, investors meet at Nigeria Fintech Week September 25, 2025 Ekemini Africa’s largest fintech gathering, Nigeria Fintech Week (NFW25), is set to bring together over 20,000 stakeholders, investors, and policymakers from October 7 to 9, 2025. Themed “The Fintech Ecosystem Symphony:…
International Technology Microsoft Extends Free Windows 10 Security Updates Ahead of October 14 Deadline September 25, 2025 Ekemini Microsoft has unveiled a last-minute lifeline for Windows 10 users in the US and Europe, offering a free option to continue receiving essential security updates just days before official support…
Business Local Stock NGX Domestic Transactions Hit N5.46tn in Eight Months as Local Investors Dominate Nigerian Equities Market September 25, 2025 Ekemini Domestic transactions on the Nigerian Exchange Limited (NGX) surged to N5.46 trillion in the first eight months of 2025, highlighting the growing influence of local investors in Nigeria’s equities market.…
Business Energy Local Dangote Fuel Price Cuts Fail to Reach Lagos and Ogun Motorists as Marketers Hold Steady September 25, 2025 Ekemini Fuel marketers in Lagos, Ogun, and other key Nigerian states have not yet passed on recent petrol price reductions announced by the Dangote Petroleum Refinery, leaving motorists paying more than…
Business Energy Local NNPCL Allocates N318bn to Frontier Oil Exploration Amid Revenue Shortfalls September 25, 2025 Ekemini The Nigerian National Petroleum Company Limited (NNPCL) has secured N318.05 billion between January and August 2025 for frontier oil exploration, according to documents obtained from the September 2025 Federation Account…
