Business Local Macroeconomic Aderonke Atoyebi Urges African Leaders to Explain How Tax Revenues Are Spent September 18, 2025 Ekemini The Technical Assistant to the Executive Chairman of the Federal Inland Revenue Service (FIRS) on Broadcast Media, Arabinrin Aderonke Atoyebi, has called on African governments to become more transparent about…
Business Energy Local Nigeria’s Crude Oil Output Falls Below OPEC Quota in August, Reversing Gains from June and July September 18, 2025 Ekemini Nigeria’s crude oil production slipped below its OPEC quota in August 2025, reversing two months of gains that had briefly lifted the country above its target. According to fresh data…
Business Local Technology Nigerian Businesses Lead the World in Responsible AI Adoption and Privacy Protection – Zoho Study September 18, 2025 Ekemini Nigerian companies are emerging as global frontrunners in combining cutting-edge artificial intelligence (AI) with robust privacy protections, according to new research commissioned by Zoho. The study, “The AI Privacy Equation:…
International Technology Meta Launches Ray-Ban Display Smart Glasses With Built-In Screen and Neural Wristband Controller September 18, 2025 Ekemini Meta has officially stepped up its wearable tech game, introducing the Ray-Ban Display smart glasses at its annual Meta Connect 2025 conference. Unveiled on Wednesday by CEO Mark Zuckerberg, the…
Business Local Market CSCS Records ₦2.1 Trillion Transactions in Four Months, Plans T+2 Settlement to Boost Market Efficiency September 18, 2025 Ekemini The Central Securities Clearing System (CSCS) has announced a major surge in trading activity, recording securities transactions worth ₦2.112 trillion between May and August 2025. This marks a 138.4% jump…
International Macroeconomic Market European Stocks Climb as Traders React to U.S. Fed Rate Cut and Await Bank of England Decision September 18, 2025 Ekemini European shares opened higher on Thursday morning as investors digested the U.S. Federal Reserve’s latest interest rate cut and braced for a fresh policy update from the Bank of England.…
Local Stock Technology NCR Nigeria Stock Soars 31% in September as Half-Year Profit Signals Major Turnaround September 18, 2025 Ekemini NCR (Nigeria) Plc shares have surged by over 31% so far in September, climbing to ₦15.20 as investors respond to the company’s improved financial results. The technology solutions provider has…
Business Energy Local DAPPMAN Refutes Dangote Refinery Claims, Attributes Petrol Price Drop to Naira Strength and Global Oil Trends September 18, 2025 Ekemini Nigeria’s Depot and Petroleum Products Marketers Association (DAPPMAN) has pushed back against the Dangote Refinery and Petrochemicals Company, rejecting claims that the refinery is responsible for recent petrol price reductions.…
Business Local Market Nigerian Stock Market Gains N309bn in One Day as Investor Confidence Rises September 18, 2025 Ekemini The Nigerian stock market surged on Wednesday, adding ₦309 billion in market value in a single trading session as renewed investor confidence lifted key equities. The market’s positive close signals…
International Technology Google to Launch Four Africa Infrastructure Hubs to Boost Subsea Cable Connectivity September 18, 2025 Ekemini Google has announced plans to establish four new infrastructure hubs across Africa, aiming to connect its latest subsea fibre-optic cables to the continent. The move, confirmed by Google Africa Managing…
Business International Macroeconomic Ghana’s Central Bank Slashes Record 350bps as Inflation Eases, Economy Shows Strong Growth September 18, 2025 Ekemini Ghana’s central bank stunned markets on Wednesday by delivering its largest-ever policy rate cut, reducing the main lending rate by 350 basis points to 21.5%. The move exceeded analyst expectations,…
International Technology Microsoft Shuts Down Nigerian-Led RaccoonO365 Phishing Network, Seizes 338 Fake Domains September 18, 2025 Ekemini Microsoft’s Digital Crimes Unit (DCU) has successfully dismantled a major phishing network led by a Nigerian individual, seizing 338 fake websites designed to mimic Microsoft login pages and steal user…
Business Finance Local Naira Slips N9.88 Against Dollar Despite Rising External Reserves: Experts See Medium-Term Stability September 18, 2025 Ekemini The Nigerian naira fell by N9.88 against the US dollar at the official foreign exchange market on Wednesday, even as the country’s external reserves continued to climb. The Central Bank…
International Technology 38 Million Google Play Downloads Linked to Massive Global Ad Fraud Scheme – SlopAds Exposed September 18, 2025 Ekemini Security researchers have uncovered one of the largest mobile ad fraud operations in recent years, involving 224 apps on the Google Play Store with over 38 million downloads worldwide. The…
Finance Local Technology Ghana’s Mobile Money Transactions Hit GHC354.1 Billion in August as Digital Payments Surge September 18, 2025 Ekemini Mobile money continues to dominate Ghana’s financial landscape, with transactions reaching GHC354.1 billion in August 2025, according to the latest data from the Bank of Ghana (BoG). While this figure…
Local Macroeconomic Nigeria Disburses N330 Billion to 8.1 Million Households Under Social Safety Net Program September 18, 2025 Ekemini The Federal Government has disbursed N330 billion to 8.1 million households nationwide under the National Social Safety Net Programme (NSSNP), a flagship initiative aimed at cushioning the economic impact of…
Local Macroeconomic Nigeria’s Inflation Set to Drop to 17% by Year-End, IMPI Projects Economic Relief September 18, 2025 Ekemini The Independent Media and Policy Initiative (IMPI) has forecasted a significant drop in Nigeria’s inflation rate, projecting it to reach 17 percent by December 2025. The think tank highlighted a…
Business Finance Local NGX Considers Extending Trading Hours to 5 PM Amid Push for Market Innovation September 17, 2025 Ekemini The Nigerian Exchange Limited (NGX) is exploring a significant extension of its trading hours, moving from the current 9:30 am–2:30 pm schedule to 9 am–5 pm, The PUNCH can exclusively…
Finance investment Local Macroeconomic UBA Unveils Groundbreaking Whitepaper at UNGA 2025 to Unlock Africa’s Economic Potential September 17, 2025 Ekemini United Bank for Africa (UBA) is set to take center stage at the 80th United Nations General Assembly (UNGA 2025) with the launch of a landmark whitepaper aimed at unlocking…
Energy investment Local Nigeria Attracts $18.2 Billion in Upstream Oil & Gas Investments Through Competitive Reforms – NUPRC September 17, 2025 Ekemini Nigeria’s upstream oil and gas sector has secured a massive $18.2 billion in investment commitments, thanks to the government’s ongoing reform agenda, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced…
Business Energy Local OGTAN Champions Human Capacity Development as Key to Nigeria’s Energy Future September 17, 2025 Ekemini The Oil and Gas Trainers Association of Nigeria (OGTAN) has reinforced its dedication to developing industry-ready skills to strengthen Nigeria’s energy sector amid global shifts in oil and gas. Speaking…
International Technology YouTube Launches Veo 3 Fast and AI Tools to Revolutionize Shorts Creation September 17, 2025 Ekemini YouTube is stepping up its game in the short-form video space with the launch of new AI-powered tools designed to make creating Shorts faster, more creative, and more interactive. The…
International Technology Al Gore Praises China’s Clean Energy Surge While Warning of U.S. Climate Leadership Decline September 17, 2025 Ekemini Twenty-five years after his historic presidential bid, former U.S. Vice President Al Gore is reflecting on a global energy transition he never predicted. In a wide-ranging interview on the release…
Business investment Local Market Nigerian Stock Market Loses ₦79 Billion as 27 Equities Decline on NGX September 17, 2025 Ekemini The Nigerian Exchange (NGX) closed on a weak note on Tuesday as market capitalisation fell by ₦79 billion following widespread losses in 27 listed equities. This decline underscores lingering investor…
Business Finance International European Stocks Edge Higher Ahead of U.S. Federal Reserve Rate Cut Decision September 17, 2025 Ekemini European equity markets opened in positive territory on Wednesday as global investors awaited the U.S. Federal Reserve’s latest policy decision. The central bank is widely expected to trim interest rates…
Business Energy Local Dangote Refinery Exports First Petrol Shipment to U.S., Signaling Nigeria’s Rise in Global Fuel Market September 17, 2025 Ekemini Nigeria’s 650,000-barrel-per-day Dangote Refinery has exported its first petrol (gasoline) shipment to the United States, a landmark development for Africa’s largest oil processing plant. The milestone underscores the facility’s growing…
Banking Local Macroeconomic CBN Orders Banks to Secure MD/CEO Successor Approval Six Months Ahead to Strengthen Governance September 17, 2025 Ekemini The Central Bank of Nigeria (CBN) has issued a new directive compelling Domestic Systemically Important Banks (DSIBs) to secure regulatory approval for the appointment of successor Managing Directors/Chief Executive Officers…
Local Macroeconomic Ghana’s Public Debt Climbs to GH¢628.8 Billion in July 2025 Amid Currency Swings September 17, 2025 Ekemini Ghana’s public debt rose sharply by GH¢15.8 billion in July 2025, bringing the total to GH¢628.8 billion (about $59.9 billion), according to the Bank of Ghana’s latest economic and financial…
investment Local Nigeria Needs $100 Billion Annual Investment to Meet 2050 Growth Ambitions — Minister Bagudu September 17, 2025 Ekemini Nigeria must secure at least $100 billion in investments every year to achieve its ambitious goal of becoming a middle-income nation by 2050, according to Minister of Budget and National…
Business Local Technology Google Play Partners with VerveLife 8.0 to Elevate Fitness and Wellness Across Africa September 17, 2025 Ekemini Verve, Africa’s leading domestic payments card scheme under the Interswitch Group, has announced Google Play as a strategic partner for the eighth edition of its flagship wellness event series, VerveLife…