International Technology Amazon Resumes Drone Deliveries in Arizona After Tolleson Crash, Safety Upgrades in Place October 3, 2025 Ekemini Amazon is set to restart its Prime Air drone delivery service in Arizona this Friday following a midweek collision that briefly grounded operations in the Phoenix Metro area. The pause…
Business International Market European Stocks Hit New Highs Amid Raiffeisen Surge and Tech Rally October 3, 2025 Ekemini European stocks continued their upward momentum on Friday, extending gains after regional indexes touched fresh record highs earlier in the week. The pan-European Stoxx 600 climbed 0.4% by mid-morning in…
Business Economy Local Capital Market Operators Push for Bold Reforms to Restore Investor Confidence in Nigeria October 3, 2025 Ekemini Capital market operators have renewed calls for the Federal Government to implement bold reforms that would attract more companies to the Nigerian Exchange (NGX) and boost investor confidence. Speaking in…
Business Local Technology Apple, Google spotlight Lagos gaming studio Maliyo October 3, 2025 Ekemini Two global tech giants, Apple and Google, have turned the spotlight on Lagos-based Maliyo Games, a studio championing African creativity in the gaming industry. The recognition comes as Maliyo continues…
Business Economy Local Full Implementation of Industrial Policy Vital for Nigeria’s Economic Growth – MAN October 3, 2025 Ekemini The Manufacturers Association of Nigeria (MAN) has urged the Federal Government to fully implement the forthcoming national industrial policy if the country is to achieve true industrialisation. The association stressed…
Business Energy Local Tinubu to Commission $400m Rivers Oil Export Terminal, Nigeria’s First in 50 Years October 3, 2025 Ekemini President Bola Ahmed Tinubu will on October 8 inaugurate the $400 million Otakikpo Onshore Crude Oil Export Terminal in Rivers State, marking Nigeria’s first new crude export facility in over…
Business investment Local Domestic Investors Slash Stock Trades by N932bn in August as Foreign Participation Rises October 3, 2025 Ekemini Domestic investors on the Nigerian Exchange Limited (NGX) sharply reduced their participation in August 2025, cutting back on stock trades by a staggering N932 billion compared to July. The latest…
Business Local Technology Nigeria’s AI Strategy Targets $15bn GDP Boost, Equips Youth with 70% AI Skills by 2030 October 3, 2025 Ekemini Nigeria is making a bold play to secure its place in the global Artificial Intelligence (AI) revolution with an ambitious National AI Strategy. The plan, unveiled at the United Nations…
Business International Market SEC DG Calls for Urgent West African Capital Market Integration to Drive Infrastructure, Jobs, and Digital Growth October 3, 2025 Ekemini The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has urged West African nations to accelerate the integration of their capital markets, warning that delays could undermine…
Business International Technology AI Startup Valuations Spark Bubble Fears as Funding Hits Record Highs October 3, 2025 Ekemini Artificial intelligence (AI) startups are pulling in unprecedented levels of funding, but some of the world’s largest investors are sounding the alarm over soaring valuations. At the Milken Institute Asia…
Finance Local Macroeconomic PenCom’s N20bn Recapitalisation May Stifle Growth of PFAs, PFCs – Renaissance Capital Warns October 3, 2025 Ekemini Nigeria’s pension industry faces a major shake-up following the National Pension Commission’s (PenCom) new recapitalisation directive, which has raised the minimum capital requirement for Pension Fund Administrators (PFAs) and Custodians…
Local Macroeconomic Nigeria’s Money Supply Hits N119.52 Trillion as Government Borrowing Falls 25.7% in August 2025 October 3, 2025 Ekemini Nigeria’s financial landscape shifted notably in August 2025 as the country’s broad money supply (M3) rose to N119.52 trillion, even as government borrowing fell sharply by 25.74% year-on-year, according to…
International Macroeconomic Market Asian Stocks Rally on Fed Rate Cut Hopes, AI Boom and Safe-Haven Gold Demand October 3, 2025 Ekemini Asian stock markets are on track for solid weekly gains as investors bet on a near-term interest rate cut by the U.S. Federal Reserve. The optimism has helped global equities…
Local Macroeconomic IMF Endorses Ghana’s Fiscal Reforms, Urges Discipline Beyond 2026 Program Exit October 3, 2025 Ekemini The International Monetary Fund (IMF) has expressed confidence in Ghana’s economic reforms, assuring that the country is well positioned to maintain fiscal discipline beyond the expiration of its current bailout…
Business Local Macroeconomic Ghana Inflation Falls to 9.4%, Economist Warns Against “Overstretching” the Fight October 3, 2025 Ekemini Ghana has recorded its first single-digit inflation in four years, as headline consumer prices slowed to 9.4% in September 2025, according to the Ghana Statistical Service. The milestone marks a…
Banking Business Local CBN Rate Cut to 27% Puts Pressure on Nigerian Banks’ Profits, Says Moody’s October 3, 2025 Ekemini Global ratings agency Moody’s Investors Service has warned that Nigerian banks could face shrinking profits following the Central Bank of Nigeria’s (CBN) decision to cut the Monetary Policy Rate (MPR)…
Business Energy Local Nigeria Becomes Senegal’s Key Crude Supplier Despite New Oil Discovery October 3, 2025 Ekemini Nigeria has emerged as a lifeline for Senegal’s energy sector, supplying the bulk of crude oil to the country’s only refinery, despite Senegal celebrating its entry into the club of…
Energy investment Local Nigeria Boosts Oil Production by 200,000 BPD, Unlocks $5.5 Billion in Investments to Attract Global Investors October 2, 2025 Ekemini The Federal Government of Nigeria has announced a significant boost to the country’s crude oil output following recent divestments by international oil companies (IOCs), adding about 200,000 barrels per day…
Business International Technology Google Warns Executives of High-Volume Extortion Emails Claiming Oracle Data Breach October 2, 2025 Ekemini Google has issued a warning to executives across multiple organizations after hackers allegedly sent extortion emails claiming to have stolen sensitive data from Oracle’s business applications. The tech giant said…
Business Finance International Global Stocks Rise as U.S. Shutdown Sparks Safe-Haven Demand and Fed Rate-Cut Bets October 2, 2025 Ekemini Global stock markets edged higher on Thursday as investors weighed the economic fallout from a potential U.S. government shutdown, while gold hovered near record levels amid growing uncertainty. Weak U.S.…
Energy Local Technology Digital Transformation Set to Revolutionize Nigeria’s Energy Sector, Experts Say October 2, 2025 Ekemini Nigeria’s energy sector is poised for a major transformation as industry experts call for the full adoption of digital technologies to tackle long-standing operational and infrastructural challenges. Speaking at the…
Business Energy Local Group Warns of External Plots Against Dangote Refinery, Urges Protection of Nigeria’s Energy Giant October 2, 2025 Ekemini The Stand-Up South South Security Group has raised alarms over what it described as external efforts aimed at frustrating the operations of the Dangote Refinery in Lagos State, Nigeria. In…
International Market Gold Surges Toward $4,000 as U.S. Government Shutdown Fuels Safe-Haven Demand October 2, 2025 Ekemini Gold prices surged to historic levels on Wednesday, approaching the $4,000-per-ounce mark, as the United States entered its first government shutdown in nearly seven years. The standoff in Washington came…
Business investment Local Pension Funds Expand Foreign Investments as PenCom Issues New Guidelines October 2, 2025 Ekemini Pension Fund Administrators (PFAs) and Closed Pension Fund Administrators (CPFAs) are increasingly shifting funds into foreign assets as Nigeria continues to grapple with exchange rate fluctuations. According to the latest…
Business Local Macroeconomic Experts Say NIIRA 2025 Will Boost Economic Growth, Strengthen Insurance Sector in Nigeria October 2, 2025 Ekemini The recently enacted Nigeria Insurance Industry Reform Act (NIIRA) 2025 has been described by industry leaders as a game-changer that will foster economic growth and reposition the country’s insurance sector…
Business Local Market Stock Market Investors Gain N1.8 Trillion in September Amid CBN Reforms October 2, 2025 Ekemini Investors in Nigeria’s stock market smiled to the bank in September 2025, as market capitalization surged by N1.8 trillion on the back of reforms introduced by the Central Bank of…
Agriculture Business Local Technology Nigerian Farmers Launch Digital ID and Database to Strengthen Food Security and Access to Support October 2, 2025 Ekemini The All Farmers Association of Nigeria (AFAN) has introduced a groundbreaking digital identity card and database platform to properly register and verify its members nationwide. The initiative, unveiled on Wednesday,…
Local Macroeconomic Ghana Inflation Falls to 9.4% in September, First Single-Digit Rate in Four Years October 2, 2025 Ekemini Ghana’s inflation rate has finally dropped into single digits for the first time in four years, marking a major relief for households and businesses across the country. According to the…
Business Finance Local Bank of Ghana Unveils Virtual Asset Bill to Ensure Safer Digital Transactions October 2, 2025 Ekemini The Bank of Ghana (BoG) has taken a bold step toward regulating the country’s fast-growing digital asset market with the introduction of the Virtual Asset Service Providers (VASP) Bill. The…
Business Local Macroeconomic Nigeria Spends $2.86bn on Debt Servicing in Eight Months, CBN Data Reveals October 2, 2025 Ekemini Nigeria has spent a staggering $2.86 billion servicing external debt between January and August 2025, according to new figures from the Central Bank of Nigeria (CBN). This accounted for 69.1…
