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Day: October 9, 2025

Nigeria Police Force Pensions Tops PFA Performance in September 2025 as Pension Industry Records Solid Gains
FinanceinvestmentLocal

Nigeria Police Force Pensions Tops PFA Performance in September 2025 as Pension Industry Records Solid Gains

Nigeria’s pension industry saw a notable rebound in September 2025, as Pension Fund Administrators (PFAs) delivered impressive returns across all…

byEkeminiOctober 9, 2025October 9, 2025
Naira Gains Momentum: CBN Policies, Fintech Growth, and Oil Output Drive September Surge
FinanceLocalMacroeconomic

Naira Gains Momentum: CBN Policies, Fintech Growth, and Oil Output Drive September Surge

September 2025 marked a remarkable rebound for the Nigerian Naira, with the currency showing its strongest performance in recent months.…

byEkeminiOctober 9, 2025October 9, 2025
Globacom Backs NCC’s Drive for Secure Broadband Expansion in Nigeria
LocalTechnology

Globacom Backs NCC’s Drive for Secure Broadband Expansion in Nigeria

Nigeria’s journey towards digital transformation received a significant boost as telecommunications giant Globacom (Glo) pledged full support for the Nigerian Communications Commission’s…

byEkeminiOctober 9, 2025October 9, 2025
NGF and UNDP Strengthen Partnership to Boost Investments, Sustainable Growth Across Nigerian States
LocalMacroeconomic

NGF and UNDP Strengthen Partnership to Boost Investments, Sustainable Growth Across Nigerian States

In a renewed push to accelerate economic development across Nigeria, the Nigeria Governors’ Forum (NGF) has strengthened its partnership with the United Nations…

byEkeminiOctober 9, 2025October 9, 2025
Why Lagos Still Has No Public WiFi Network — Despite Years of “Smart City” Promises
LocalTechnology

Why Lagos Still Has No Public WiFi Network — Despite Years of “Smart City” Promises

Nearly a decade after Lagos announced its dream of becoming a “smart city,” residents of Africa’s largest metropolis are still…

byEkeminiOctober 9, 2025October 9, 2025
Cisco Unveils Silicon One P200 Chip and 8223 Router to Power Next-Generation AI Data Centers
InternationalTechnology

Cisco Unveils Silicon One P200 Chip and 8223 Router to Power Next-Generation AI Data Centers

Cisco Systems has introduced its latest innovations, the Silicon One P200 networking chip and the Cisco 8223 routing system, to…

byEkeminiOctober 9, 2025October 9, 2025
OpenAI’s Nick Turley Unveils Vision to Transform ChatGPT into an AI Operating System
InternationalTechnology

OpenAI’s Nick Turley Unveils Vision to Transform ChatGPT into an AI Operating System

OpenAI’s head of ChatGPT, Nick Turley, has revealed bold plans to transform the AI chatbot into a full-fledged operating system…

byEkeminiOctober 9, 2025October 9, 2025
NUPRC Unveils Gas Development Roadmap, Unlocks $4.9 Billion in Investments to Boost Nigeria’s Energy Future
BusinessEnergyLocal

NUPRC Unveils Gas Development Roadmap, Unlocks $4.9 Billion in Investments to Boost Nigeria’s Energy Future

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has rolled out a new Gas Development Roadmap aimed at unlocking over 55…

byEkeminiOctober 9, 2025October 9, 2025
NNPC, Sahara Group Unveil Nigeria’s First Fully-Owned Floating Oil Vessel — A Milestone for Energy Independence
BusinessEnergyLocal

NNPC, Sahara Group Unveil Nigeria’s First Fully-Owned Floating Oil Vessel — A Milestone for Energy Independence

In a historic leap for Nigeria’s oil and gas industry, the Nigerian National Petroleum Company Limited (NNPC Ltd), Sahara Group,…

byEkeminiOctober 9, 2025October 9, 2025
Nigeria’s Economy Expands 3.9% in H1 2025 as World Bank Forecasts 4.4% Growth — But Living Standards Lag Behind
BusinessLocalMacroeconomic

Nigeria’s Economy Expands 3.9% in H1 2025 as World Bank Forecasts 4.4% Growth — But Living Standards Lag Behind

Nigeria’s economy recorded a robust 3.9% growth in the first half of 2025, signaling the positive effects of President Bola…

byEkeminiOctober 9, 2025October 9, 2025
FG, NESG Reaffirm Partnership for Inclusive Growth and Job Creation
LocalMacroeconomic

FG, NESG Reaffirm Partnership for Inclusive Growth and Job Creation

The Federal Government of Nigeria and the Nigerian Economic Summit Group (NESG) have renewed their joint commitment to ensuring that…

byEkeminiOctober 9, 2025October 9, 2025
Tinubu Approves $1 Billion Overhaul of Nigeria’s Major Seaports to Boost Trade and Investment
BusinessLocal

Tinubu Approves $1 Billion Overhaul of Nigeria’s Major Seaports to Boost Trade and Investment

President Bola Tinubu has approved a $1 billion comprehensive reconstruction of Nigeria’s major seaports — Apapa, Tin Can Island, Calabar,…

byEkeminiOctober 9, 2025October 9, 2025
World Bank: Nigeria’s Economic Reforms Stabilised Economy but Deepened Poverty, 139 Million Now Living in Poverty
BusinessLocalMacroeconomic

World Bank: Nigeria’s Economic Reforms Stabilised Economy but Deepened Poverty, 139 Million Now Living in Poverty

The World Bank has commended Nigeria for stabilising its economy through recent reforms, but warned that the benefits have yet…

byEkeminiOctober 9, 2025October 9, 2025
Nigerian Equities Market Extends Bullish Run as Investors Anticipate Strong Q3 Earnings
BusinessLocalStock

Nigerian Equities Market Extends Bullish Run as Investors Anticipate Strong Q3 Earnings

The Nigerian equities market continued its bullish momentum on Wednesday, driven by renewed investor optimism ahead of third-quarter earnings reports.…

byEkeminiOctober 9, 2025October 9, 2025
FG Ends Revenue Collection Deductions to Boost Transparency and Fiscal Efficiency
LocalMacroeconomic

FG Ends Revenue Collection Deductions to Boost Transparency and Fiscal Efficiency

In a major step toward fiscal reform, the Federal Government has scrapped the long-standing deductions made for revenue collection by…

byEkeminiOctober 9, 2025October 9, 2025
Novo Nordisk Shares Fall as Pharma Giant Announces $4.7 Billion U.S. Biotech Acquisition
BusinessInternationalMarket

Novo Nordisk Shares Fall as Pharma Giant Announces $4.7 Billion U.S. Biotech Acquisition

Shares of Danish pharmaceutical leader Novo Nordisk slid by 2.4% on Thursday following its announcement to acquire U.S. biotech firm…

byEkeminiOctober 9, 2025October 9, 2025
Over ₦120 Billion in SEC-Registered Investment Funds Remain Idle in Nigeria’s Capital Market (Q4 2024)
BusinessLocal

Over ₦120 Billion in SEC-Registered Investment Funds Remain Idle in Nigeria’s Capital Market (Q4 2024)

Nigeria’s investment ecosystem continues to grapple with idle capital, as fresh data from the Securities and Exchange Commission (SEC) reveal…

byEkeminiOctober 9, 2025October 9, 2025
VFD Group, Norrenberger Finalize ₦50.67 Billion Rights Issue to Boost Expansion and Cut Debt
BusinessinvestmentLocal

VFD Group, Norrenberger Finalize ₦50.67 Billion Rights Issue to Boost Expansion and Cut Debt

VFD Group Plc has officially signed a ₦50.67 billion rights issue agreement with Lead Issuing House, Norrenberger Limited, marking a…

byEkeminiOctober 9, 2025October 9, 2025
Nigeria’s PMI Hits 54.0 in September 2025, Signaling 10th Month of Economic Growth
BusinessLocalMacroeconomic

Nigeria’s PMI Hits 54.0 in September 2025, Signaling 10th Month of Economic Growth

Nigeria’s economy continued its steady recovery in September 2025, with the Purchasing Managers’ Index (PMI) climbing to 54.0 points, up…

byEkeminiOctober 9, 2025October 9, 2025

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