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Day: October 6, 2025

Akwa Ibom Partners with T2 to Become Nigeria’s Next Digital Innovation Hub
BusinessLocalTechnology

Akwa Ibom Partners with T2 to Become Nigeria’s Next Digital Innovation Hub

Akwa Ibom State is set to accelerate its digital transformation after Governor Umo Eno announced a strategic partnership with tech…

byEkeminiOctober 6, 2025October 6, 2025
Ghana T-Bill Auction Falls Short by GH¢1.13bn as Investor Appetite Weakens
FinanceinvestmentLocal

Ghana T-Bill Auction Falls Short by GH¢1.13bn as Investor Appetite Weakens

Investor interest in Ghana’s Treasury bills (T-bills) took a hit last week, leaving the government with a shortfall of GH¢1.13…

byEkeminiOctober 6, 2025October 6, 2025
Ghana Nears $360M IMF Disbursement as Fifth Review Enters Final Stage
FinanceInternationalMacroeconomic

Ghana Nears $360M IMF Disbursement as Fifth Review Enters Final Stage

Ghana’s fifth review under the International Monetary Fund (IMF) Extended Credit Facility (ECF) has entered its critical final stage, with…

byEkeminiOctober 6, 2025October 6, 2025
Sahara Group Acquires 7 New Oil Rigs, Aims to Boost Production to 350,000 BPD Across Africa
BusinessEnergyLocal

Sahara Group Acquires 7 New Oil Rigs, Aims to Boost Production to 350,000 BPD Across Africa

Sahara Group, one of Africa’s leading energy and infrastructure conglomerates, is making bold moves to expand its footprint in the…

byEkeminiOctober 6, 2025October 6, 2025
Dangote Refinery Commends Tinubu, Security Chiefs for Preventing PENGASSAN Strike Disruption
BusinessEnergyLocal

Dangote Refinery Commends Tinubu, Security Chiefs for Preventing PENGASSAN Strike Disruption

Dangote Petroleum Refinery has applauded President Bola Ahmed Tinubu and key government officials for swiftly preventing what it described as…

byEkeminiOctober 6, 2025October 6, 2025
Nigeria Co-Creates National AI Strategy with Innovators and Startups, Says NITDA
LocalTechnology

Nigeria Co-Creates National AI Strategy with Innovators and Startups, Says NITDA

Nigeria is charting a new course in artificial intelligence (AI) development by co-creating its national AI governance framework with innovators,…

byEkeminiOctober 6, 2025October 6, 2025
Digital Comfort Zones: Why Gen Z Finds Belonging and Identity in Online Communities
InternationalTechnology

Digital Comfort Zones: Why Gen Z Finds Belonging and Identity in Online Communities

For Gen Z, the internet isn’t just a pastime: it’s home. From TikTok and Instagram to Discord, Snapchat, and gaming…

byEkeminiOctober 6, 2025October 6, 2025
California’s AI Safety Law SB 53 Balances Innovation and Regulation, Experts Say
InternationalTechnology

California’s AI Safety Law SB 53 Balances Innovation and Regulation, Experts Say

California has taken a groundbreaking step in artificial intelligence oversight with the signing of SB 53, a landmark AI safety…

byEkeminiOctober 6, 2025October 6, 2025
Nigeria’s Dele Alake Urges Africa to Industrialise Its Minerals and Build a Green Industrial Future
BusinessEconomyLocal

Nigeria’s Dele Alake Urges Africa to Industrialise Its Minerals and Build a Green Industrial Future

Nigeria’s Minister of Solid Minerals Development, Dr. Dele Alake, has called on African nations to end the era of exporting…

byEkeminiOctober 6, 2025October 6, 2025
Nigeria’s Intra-African Trade Rises by ₦610bn Amid Weak Naira, Shifting Global Ties
BusinessEconomyLocal

Nigeria’s Intra-African Trade Rises by ₦610bn Amid Weak Naira, Shifting Global Ties

Nigeria’s trade with other African countries surged by ₦610 billion in the first half of 2025, reflecting a renewed push…

byEkeminiOctober 6, 2025October 6, 2025
Tony Elumelu Foundation Donates ₦1 Billion to Empower 18,500 Nigerian Women Under Renewed Hope Initiative
BusinessEconomyLocal

Tony Elumelu Foundation Donates ₦1 Billion to Empower 18,500 Nigerian Women Under Renewed Hope Initiative

In a major push for women’s economic inclusion, the Tony Elumelu Foundation (TEF) has donated ₦1 billion to the Renewed…

byEkeminiOctober 6, 2025October 6, 2025
NGX Market Capitalisation Soars to N140.6 Trillion in September 2025, Boosted by Economic Reforms and Investor Confidence
BusinessinvestmentLocal

NGX Market Capitalisation Soars to N140.6 Trillion in September 2025, Boosted by Economic Reforms and Investor Confidence

Nigeria’s stock market surged to a record N140.6 trillion in September 2025, signaling renewed investor confidence in the nation’s capital…

byEkeminiOctober 6, 2025October 6, 2025
Trillion-Naira Club: Top 10 Most Profitable Stocks Driving NGX Growth in Q3 2025
BusinessLocalMarket

Trillion-Naira Club: Top 10 Most Profitable Stocks Driving NGX Growth in Q3 2025

Nigeria’s equities market recorded an impressive 18.95% return in Q3 2025, largely driven by a powerful rally among heavyweight stocks…

byEkeminiOctober 6, 2025October 6, 2025
French Stocks Plunge as Prime Minister Sebastien Lecornu Resigns After Just Weeks in Office
InternationalMarket

French Stocks Plunge as Prime Minister Sebastien Lecornu Resigns After Just Weeks in Office

French markets opened sharply lower on Monday after Prime Minister Sebastien Lecornu unexpectedly resigned less than a month into his…

byEkeminiOctober 6, 2025October 6, 2025
United Capital: Profit up, stock down; is the market overlooking its growth 
BusinessLocalStock

United Capital: Profit up, stock down; is the market overlooking its growth 

United Capital Plc is proving to be one of the most intriguing stocks on the Nigerian Exchange (NGX) — a…

byEkeminiOctober 6, 2025October 6, 2025
Naira Rises to ₦1,465 per Dollar as FX Inflows Strengthen and Dollar Weakens
BusinessEconomyLocal

Naira Rises to ₦1,465 per Dollar as FX Inflows Strengthen and Dollar Weakens

The Nigerian naira extended its rally last week, closing at ₦1,465 per U.S. dollar at the official market, buoyed by…

byEkeminiOctober 6, 2025October 6, 2025
Petrol Still Sells at ₦865 Despite Dangote’s Free Delivery Offer and ₦820 Supply Price
BusinessEnergyLocal

Petrol Still Sells at ₦865 Despite Dangote’s Free Delivery Offer and ₦820 Supply Price

Despite Dangote Refinery’s effort to ease fuel prices nationwide by supplying petrol at ₦820 per litre without delivery costs, major…

byEkeminiOctober 6, 2025October 6, 2025
Naira Strengthens as CBN Reforms Boost Confidence, Cut Speculation in FX Market
BusinessLocalMacroeconomic

Naira Strengthens as CBN Reforms Boost Confidence, Cut Speculation in FX Market

Nigeria’s naira is making one of its strongest comebacks in recent years, lifted by decisive Central Bank of Nigeria (CBN)…

byEkeminiOctober 6, 2025October 6, 2025
Dangote Launches $2.5bn Fertiliser Plant in Ethiopia to Boost Africa’s Food Security
BusinessEconomyInternational

Dangote Launches $2.5bn Fertiliser Plant in Ethiopia to Boost Africa’s Food Security

Africa’s richest man and President of the Dangote Group, Aliko Dangote, has broken ground on a $2.5 billion fertiliser plant…

byEkeminiOctober 6, 2025October 6, 2025
Investor Panic as Nigeria’s 25% Capital Gains Tax on Equities Sparks Fears of Capital Flight
LocalMacroeconomicMarket

Investor Panic as Nigeria’s 25% Capital Gains Tax on Equities Sparks Fears of Capital Flight

Nigeria’s capital market is reeling from fresh anxiety following confirmation that a 25% Capital Gains Tax (CGT) on share disposals…

byEkeminiOctober 6, 2025October 6, 2025

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