Business Local Market DMO Opens November FGN Savings Bond Offer with Yields Up to 14.565% November 3, 2025 Ekemini Uba The Debt Management Office (DMO) has opened subscriptions for the November 2025 edition of the Federal Government of Nigeria (FGN) Savings Bond, offering investors a secure and rewarding opportunity to…
Business Energy Local Fuel Import Duty: Marketers Warn 15% Levy Will Drive Petrol Prices Above ₦1,000 and Threaten Local Operations November 3, 2025 Ekemini Uba Oil marketers across Nigeria have raised alarm over the Federal Government’s newly approved 15% import duty on petrol and diesel, warning that the policy could push fuel prices beyond ₦1,000…
International Technology AI-Enhanced Code Transforms Retail Efficiency and Customer Experience November 3, 2025 Ekemini Uba Artificial Intelligence (AI) is rapidly becoming the backbone of retail innovation, transforming how businesses deliver efficiency, personalization, and customer satisfaction. As retailers face ever-growing demands for faster, smarter, and more…
International Technology Agentic AI Set to Reshape Global Banking as Customer Adoption Surges, Says McKinsey Report November 3, 2025 Ekemini Uba A new McKinsey & Company Global Banking Annual Review (2025) reveals that agentic artificial intelligence (AI) is on the brink of transforming the global banking industry. The report highlights that…
Energy Local Macroeconomic CSOs Applaud Tinubu’s 15% Fuel Import Tariff as Step Toward Energy Independence November 3, 2025 Ekemini Uba A coalition of civil society organisations under the banner of the Coalition of Civil Rights Activists has commended President Bola Ahmed Tinubu for approving a 15% import duty on refined…
Business Local Macroeconomic World Bank Set to Approve Nigeria’s $1 Billion Development Loan in December to Boost Jobs and Investment November 3, 2025 Ekemini Uba The World Bank has scheduled December 16, 2025, as the tentative date to approve Nigeria’s $1 billion Development Policy Financing (DPF) under the Nigeria Actions for Investment and Jobs Acceleration…
Business Energy Local OPEC+ Pauses Oil Output Increases for Q1 2026 After December Hike November 3, 2025 Ekemini Uba The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) have announced plans to pause oil output increases during the first quarter of 2026, following a modest production hike…
Banking Business Local Seven Nigerian Banks Pay ₦674.68bn in Taxes in H1 2025 Amid Rising Earnings November 3, 2025 Ekemini Uba Seven of Nigeria’s leading banks remitted a total of ₦674.68 billion in taxes to the federal government in the first half of 2025, reflecting a 14.69 percent increase from ₦588.25…
Business Energy Local Transcorp CEO Owen Omogiafo Urges Faster Energy Access to Power Africa’s Economic Growth November 3, 2025 Ekemini Uba The President and Group Chief Executive Officer of Transcorp Plc, Dr. Owen Omogiafo, has called for urgent action to improve energy access across Africa, stressing that the continent must accelerate…
Business International Market U.S. Stock Futures Steady as November Trading Begins Amid Earnings Optimism and AI Momentum November 3, 2025 Ekemini Uba U.S. stock futures opened slightly higher on Monday, marking a steady start to November trading as investors digested solid corporate earnings and the ongoing buzz around artificial intelligence. Futures tied…
Business Local Market Top 10 Best-Performing Nigerian Stocks in October 2025: NGX Extends Bullish Streak with 8% Monthly Gain November 3, 2025 Ekemini Uba The Nigerian Exchange (NGX) ended October 2025 on a bullish note, with the market advancing 8% to cap another month of strong performance. According to the NGX All-Share Index, the…
Business Local Innovation, efficiency top agenda as ICMR installs fourth president November 3, 2025 Ekemini Uba Calls for innovation, efficiency, and digital transformation took center stage at the 14th Annual Conference and Presidential Investiture of the Institute of Capital Market Registrars (ICMR), where Mrs. Catherine Nwosu…
Business Local Stock BUA Foods Becomes Nigeria’s Most Valuable Company, Surpasses Dangote and MTN with N12.5 Trillion Market Cap November 3, 2025 Ekemini Uba BUA Foods Plc has officially dethroned Dangote Cement and MTN Nigeria to become the most valuable company on the Nigerian Exchange (NGX), achieving a market capitalization of N12.5 trillion. The…
Business Economy International European Markets Open Higher as Auto Stocks Surge and Investors Await Key Central Bank Decisions November 3, 2025 Ekemini Uba European markets opened the new trading month on a strong footing Monday, with auto stocks leading early gains as investors brace for a week packed with central bank meetings and…
Business Energy Local Oando Suffers $450 Million Revenue Loss as Dangote Refinery Reshapes Nigeria’s Oil Market November 3, 2025 Ekemini Uba Oando Plc, one of Africa’s largest integrated energy companies, has reported a significant $450 million decline in revenue, linking the loss directly to the operational ramp-up of Aliko Dangote’s $20…
Business International Macroeconomic Woodhall Capital Targets $50 Billion in Global Investments to Drive Nigeria’s Development November 3, 2025 Ekemini Uba Woodhall Capital, under the leadership of its founder, Mojisola Hunponu-Wusu, is spearheading efforts to attract $50 billion in global investments aimed at accelerating development projects across Nigeria. In a recent…
Business Economy Local FG Promises Stakeholder Engagement on 2026 Tax Reforms to Ensure Fair, Transparent System November 3, 2025 Ekemini Uba The Federal Government has assured that the upcoming Nigeria 2026 tax reforms will be implemented through open and continuous consultation with key stakeholders across sectors. Minister of Finance and Coordinating…
Business Local Macroeconomic Naira Strengthens to ₦1,421/$ — 2025 Peak Fueled by Rising Forex Supply and Investor Confidence November 3, 2025 Ekemini Uba The Nigerian naira ended October 2025 on a high note, appreciating to ₦1,421.73 per dollar — its strongest level this year — according to data from the Central Bank of…
