Business International Technology SK Hynix and Samsung Electronics Soar to Record Highs as AI Deals Drive South Korean Chip Market October 10, 2025 Ekemini Shares of South Korean tech giants SK Hynix and Samsung Electronics surged to record highs on Friday, fueled by a wave of optimism surrounding artificial intelligence (AI) deals. SK Hynix…
Business Local Trade Nigeria’s National Single Window Project to Slash Cargo Clearance Costs and Boost Trade Compliance October 10, 2025 Ekemini The Registrar of the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN), Mr. Kingsley Igwe, has revealed that the implementation of the National Single Window (NSW) project will…
Agriculture Local Ogun State Boosts Food Security by Empowering 4,316 Farmers with Home Gardening Toolkits October 10, 2025 Ekemini Ogun State has taken a major step toward strengthening food security by empowering 4,316 smallholder farmers with home gardening toolkits and improved planting materials under its Special Agro-Industrial Processing Zones…
Energy Local Ghana’s Petroleum Revenue Plummets 56% in H1 2025 — PIAC Calls for Urgent Action October 10, 2025 Ekemini Ghana’s petroleum sector is facing a significant downturn, with revenue falling by 56% in the first half of 2025 compared to the same period last year. According to the latest…
Business Local Macroeconomic FG and MAN Collaborate to Boost Non-Oil Exports, Fix EEG Bottlenecks for Economic Growth October 10, 2025 Ekemini The Federal Government (FG) and the Manufacturers Association of Nigeria (MAN) have renewed their commitment to strengthening Nigeria’s non-oil trade sector and addressing longstanding bottlenecks in the Export Expansion Grant…
Finance investment Local Nigeria Police Force Pensions Tops PFA Performance in September 2025 as Pension Industry Records Solid Gains October 9, 2025 Ekemini Nigeria’s pension industry saw a notable rebound in September 2025, as Pension Fund Administrators (PFAs) delivered impressive returns across all Retirement Savings Account (RSA) funds. Data from Nairametrics Research shows…
Finance Local Macroeconomic Naira Gains Momentum: CBN Policies, Fintech Growth, and Oil Output Drive September Surge October 9, 2025 Ekemini September 2025 marked a remarkable rebound for the Nigerian Naira, with the currency showing its strongest performance in recent months. Bureau De Change (BDC) operators and industry experts have attributed…
Local Technology Globacom Backs NCC’s Drive for Secure Broadband Expansion in Nigeria October 9, 2025 Ekemini Nigeria’s journey towards digital transformation received a significant boost as telecommunications giant Globacom (Glo) pledged full support for the Nigerian Communications Commission’s (NCC) Broadband Investment and Critical Infrastructure Protection Roundtable,…
Local Macroeconomic NGF and UNDP Strengthen Partnership to Boost Investments, Sustainable Growth Across Nigerian States October 9, 2025 Ekemini In a renewed push to accelerate economic development across Nigeria, the Nigeria Governors’ Forum (NGF) has strengthened its partnership with the United Nations Development Programme (UNDP) to drive sustainable investments…
Local Technology Why Lagos Still Has No Public WiFi Network — Despite Years of “Smart City” Promises October 9, 2025 Ekemini Nearly a decade after Lagos announced its dream of becoming a “smart city,” residents of Africa’s largest metropolis are still waiting for a functional public WiFi network. In 2016, the…
International Technology Cisco Unveils Silicon One P200 Chip and 8223 Router to Power Next-Generation AI Data Centers October 9, 2025 Ekemini Cisco Systems has introduced its latest innovations, the Silicon One P200 networking chip and the Cisco 8223 routing system, to meet the surging demands of artificial intelligence (AI) workloads. Designed…
International Technology OpenAI’s Nick Turley Unveils Vision to Transform ChatGPT into an AI Operating System October 9, 2025 Ekemini OpenAI’s head of ChatGPT, Nick Turley, has revealed bold plans to transform the AI chatbot into a full-fledged operating system built around third-party applications. Since joining OpenAI in 2022, Turley…
Business Energy Local NUPRC Unveils Gas Development Roadmap, Unlocks $4.9 Billion in Investments to Boost Nigeria’s Energy Future October 9, 2025 Ekemini The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has rolled out a new Gas Development Roadmap aimed at unlocking over 55 trillion cubic feet (TCF) of uncommitted gas reserves and positioning…
Business Energy Local NNPC, Sahara Group Unveil Nigeria’s First Fully-Owned Floating Oil Vessel — A Milestone for Energy Independence October 9, 2025 Ekemini In a historic leap for Nigeria’s oil and gas industry, the Nigerian National Petroleum Company Limited (NNPC Ltd), Sahara Group, Eroton E&P, and Bilton Energy Ltd have unveiled the country’s…
Business Local Macroeconomic Nigeria’s Economy Expands 3.9% in H1 2025 as World Bank Forecasts 4.4% Growth — But Living Standards Lag Behind October 9, 2025 Ekemini Nigeria’s economy recorded a robust 3.9% growth in the first half of 2025, signaling the positive effects of President Bola Tinubu’s ongoing economic reforms, according to the latest Nigeria Development…
Local Macroeconomic FG, NESG Reaffirm Partnership for Inclusive Growth and Job Creation October 9, 2025 Ekemini The Federal Government of Nigeria and the Nigerian Economic Summit Group (NESG) have renewed their joint commitment to ensuring that the benefits of the country’s ongoing economic reforms translate into…
Business Local Tinubu Approves $1 Billion Overhaul of Nigeria’s Major Seaports to Boost Trade and Investment October 9, 2025 Ekemini President Bola Tinubu has approved a $1 billion comprehensive reconstruction of Nigeria’s major seaports — Apapa, Tin Can Island, Calabar, Warri, and Port Harcourt — in a move aimed at…
Business Local Macroeconomic World Bank: Nigeria’s Economic Reforms Stabilised Economy but Deepened Poverty, 139 Million Now Living in Poverty October 9, 2025 Ekemini The World Bank has commended Nigeria for stabilising its economy through recent reforms, but warned that the benefits have yet to reach most citizens. In its latest Nigeria Development Update…
Business Local Stock Nigerian Equities Market Extends Bullish Run as Investors Anticipate Strong Q3 Earnings October 9, 2025 Ekemini The Nigerian equities market continued its bullish momentum on Wednesday, driven by renewed investor optimism ahead of third-quarter earnings reports. The All-Share Index (ASI) gained 0.50 percent to close at…
Local Macroeconomic FG Ends Revenue Collection Deductions to Boost Transparency and Fiscal Efficiency October 9, 2025 Ekemini In a major step toward fiscal reform, the Federal Government has scrapped the long-standing deductions made for revenue collection by key agencies, including the Federal Inland Revenue Service (FIRS), Nigerian…
Business International Market Novo Nordisk Shares Fall as Pharma Giant Announces $4.7 Billion U.S. Biotech Acquisition October 9, 2025 Ekemini Shares of Danish pharmaceutical leader Novo Nordisk slid by 2.4% on Thursday following its announcement to acquire U.S. biotech firm Akero Therapeutics in a multi-billion-dollar deal. The company plans to…
Business Local Over ₦120 Billion in SEC-Registered Investment Funds Remain Idle in Nigeria’s Capital Market (Q4 2024) October 9, 2025 Ekemini Nigeria’s investment ecosystem continues to grapple with idle capital, as fresh data from the Securities and Exchange Commission (SEC) reveal that ₦120.88 billion in registered private equity and infrastructure funds…
Business investment Local VFD Group, Norrenberger Finalize ₦50.67 Billion Rights Issue to Boost Expansion and Cut Debt October 9, 2025 Ekemini VFD Group Plc has officially signed a ₦50.67 billion rights issue agreement with Lead Issuing House, Norrenberger Limited, marking a major step toward strengthening its capital base, reducing debt, and…
Business Local Macroeconomic Nigeria’s PMI Hits 54.0 in September 2025, Signaling 10th Month of Economic Growth October 9, 2025 Ekemini Nigeria’s economy continued its steady recovery in September 2025, with the Purchasing Managers’ Index (PMI) climbing to 54.0 points, up from 51.7 in August. This marks the tenth consecutive month…
Business International Technology Meta Agrees to $32.8M Settlement with Nigeria Over Data Privacy Breach October 8, 2025 Ekemini Meta Platforms Inc., the parent company of Facebook and Instagram, has agreed to pay $32.8 million to Nigeria’s Data Protection Commission (NDPC) to settle allegations of violating user privacy and…
Banking Business Local FirstBank Pledges to Bridge Financing Gaps and Drive SME Growth with Digital Solutions October 8, 2025 Ekemini FirstBank Group has reaffirmed its commitment to bridging financial gaps and leveraging digital solutions to tackle business challenges in Nigeria, particularly for Small and Medium Enterprises (SMEs) and emerging corporates.…
Local Macroeconomic 139 Million Nigerians Still in Poverty Despite Government Reforms – World Bank Report October 8, 2025 Ekemini Despite significant economic reforms in recent years, an estimated 139 million Nigerians are still living in poverty in 2025, the World Bank has revealed. Speaking at the launch of the…
Finance Local Macroeconomic Nigeria’s Debt-to-GDP Projected to Fall to 39.8% in 2025 Amid Strong Growth and Naira Stability October 8, 2025 Ekemini For the first time in more than a decade, Nigeria’s debt burden is expected to ease significantly as the country’s debt-to-GDP ratio is projected to fall to 39.8% in 2025,…
Local Macroeconomic World Bank Raises Ghana’s 2025 Growth Outlook to 4.3%, Signaling Stronger Economic Recovery October 8, 2025 Ekemini The World Bank has upgraded Ghana’s 2025 economic growth forecast to 4.3%, up from its earlier estimate of 3.9%, reflecting renewed optimism about the West African nation’s economic recovery. The…
International Technology NaviSmart AI Revolutionizes Immigration Support with Smart Automation and Human Expertise October 8, 2025 Ekemini Immigration remains one of the most complex life processes—filled with forms, rules, and deadlines that can overwhelm even the most organized applicants. Recognizing this pain point, NaviSmart AI, an emerging…
