Business Energy Local NNPC/Heirs Energies OML 17 Boosts Gas Supply to 135MMscf, Powering Nigeria’s Eastern Network November 27, 2025 Ekemini Uba The NNPC/Heirs Energies OML 17 Joint Venture (JV) has achieved a major breakthrough in Nigeria’s gas sector, doubling its gas output to 135 million standard cubic feet per day (MMscf/d).…
Local Macroeconomic Bank of Ghana Cuts Interest Rate to 18% as Inflation Continues to Fall November 27, 2025 Ekemini Uba The Bank of Ghana has announced a significant reduction in its benchmark interest rate, lowering it by 350 basis points to 18%. This marks the third consecutive rate cut as…
International Technology Lawsuit Claims Teen Circumvented ChatGPT Safety Features Before Suicide: OpenAI Responds November 27, 2025 Ekemini Uba The family of 16-year-old Adam Raine has filed a wrongful death lawsuit against OpenAI and its CEO, Sam Altman, claiming that ChatGPT played a role in their son’s suicide. According…
Banking Business Finance Local Private Sector Credit Surges N1.88 Trillion After September Rate Cut November 27, 2025 Ekemini Uba Credit to Nigeria’s private sector rose sharply in October 2025, climbing to N74.41 trillion from N72.53 trillion in September, according to the Central Bank of Nigeria’s latest money and credit…
Agriculture Local Technology FCMB AgriTech Hackathon 2025 Empowers Startups to Transform Nigeria’s Agricultural Sector November 27, 2025 Ekemini Uba First City Monument Bank (FCMB), in collaboration with the Dutch Entrepreneurial Development Bank and HeaveVentures, successfully concluded the FCMB AgriTech Hackathon 2025, an initiative aimed at accelerating innovation and digital…
Finance Local Macroeconomic Nigeria’s VAT Revenue Hits N2.06 Trillion in Q2 2025, Driven by Manufacturing and ICT November 27, 2025 Ekemini Uba Nigeria’s Value Added Tax (VAT) revenue remained largely stable at N2.06 trillion in the second quarter of 2025, according to the latest report released by the National Bureau of Statistics…
Business Local Nigerian Breweries Increases Product Prices Amid Rising Operational Costs November 27, 2025 Ekemini Uba Nigerian Breweries Plc has announced a price increase across its range of beverages, including Star Lager, Gulder Lager, Budweiser, and malt drinks, citing persistently high operational and input costs. The…
Business Economy Local Bank of Ghana Targets Deeper Lending Rate Cuts to Boost Private-Sector Growth November 27, 2025 Ekemini Uba The Bank of Ghana (BoG) is stepping up efforts to bring down lending rates, with Governor Dr. Johnson Asiama reaffirming his target of a 10 percent average rate before the…
Business Local SEC Orders Capital Market Operators to Fully Comply with ISA 2025 by January 2026 November 27, 2025 Ekemini Uba The Securities and Exchange Commission (SEC) has directed all Capital Market Operators (CMOs) to declare their compliance level and ensure that all tradable instruments are registered in line with the…
Business Finance International European Markets Open Mixed as Investors Weigh Global Economic Outlook November 27, 2025 Ekemini Uba European markets are set for a mixed and cautious start on Thursday as investors take a moment to assess both regional and global economic developments. Traders are showing restraint after…
Business Energy Local Dangote Refinery Cuts Nigeria’s Malta Petrol Imports by 60% as Local Supply Surges November 27, 2025 Ekemini Uba Nigeria’s petrol imports from Malta have fallen sharply, dropping by 60 percent in 2024, as the Dangote Petroleum Refinery ramps up its output and reshapes the country’s fuel supply landscape.…
Business Energy investment Local AfDB Approves $500m Loan to Boost Nigeria’s Energy Reforms and Fiscal Stability November 27, 2025 Ekemini Uba The African Development Bank has approved a fresh $500 million loan to support Nigeria’s ongoing economic governance and energy transition reforms, marking a major step toward stabilising public finances and…
Business Economy Local High Lending Rates in Nigeria Strangling Production, MAN Urges CBN to Cut Interest Rates November 27, 2025 Ekemini Uba The Manufacturers Association of Nigeria (MAN) has raised fresh concerns over the country’s high lending rates, warning that steep borrowing costs are crippling production and eroding the competitiveness of local…
Business Local Technology Nigeria’s Creative Economy: Experts Explore Models to Drive Social Impact and Investment November 26, 2025 Ekemini Uba Leading experts and industry stakeholders convened in Lagos to explore practical strategies for harnessing Nigeria’s rapidly growing creative economy. The event, hosted by Eden Venture Group in partnership with the…
Business Local Macroeconomic Ghana Poised for Major Interest Rate Cut as Inflation Falls to Four-Year Low November 26, 2025 Ekemini Uba Ghana is preparing for what could be its third consecutive major interest rate cut, as the country’s inflation continues to cool faster than anticipated. With price growth now expected to…
Business Local Market Nigeria’s monthly trade surplus falls 35% to $1.39bn November 26, 2025 Ekemini Uba The Nigerian equities market staged an impressive rebound on Tuesday, recovering N95 billion in market capitalization after six straight sessions of declines. The market uplift came shortly after the Central…
Local Technology Nigerian Tech Firm, Task Systems, wins Microsoft Best Partner Award in US November 26, 2025 Ekemini Uba Nigeria’s technology landscape received global recognition as Task Systems Limited, a leading indigenous ICT firm, won the prestigious Microsoft Partner of the Year Award in the United States. Emerging among…
Business Economy Local Analysts Warn CBN’s 27% MPR Could Stifle Growth as Businesses Face Rising Credit Pressures November 26, 2025 Ekemini Uba The Central Bank of Nigeria’s (CBN) decision to keep the Monetary Policy Rate (MPR) at 27 percent has sparked fresh concerns among economists and business leaders who fear the tight…
Business Local Technology Experts Advocate Innovation and Partnership for Sustainable Digital Transformation in Africa November 26, 2025 Ekemini Uba In a bid to foster an inclusive and sustainable digital ecosystem, Adeyinka Adedokun, CEO and Principal Consultant of Avetium Consult Limited, has emphasised the importance of integration and collaboration across…
International Technology OpenAI and Perplexity Launch AI Shopping Assistants, but Startups Remain Confident November 26, 2025 Ekemini Uba With the holiday shopping season approaching, OpenAI and Perplexity have rolled out AI shopping assistants designed to help users research and discover products more efficiently. OpenAI’s ChatGPT now allows shoppers…
Business Finance International Technology Africa’s $100 Billion SME Credit Gap Spurs Banks and Fintechs into Strategic Partnerships November 26, 2025 Ekemini Uba Africa faces an estimated $100 billion shortfall in credit for small and medium enterprises (SMEs), prompting banks, fintech startups, and telecom operators to form unexpected alliances to bridge the financing…
Business Energy International Oil Prices Rise After One-Month Low Amid Signs of Ukraine-Russia Peace Progress November 26, 2025 Ekemini Uba Oil prices edged higher on Wednesday, rebounding slightly after falling to a one-month low in the previous session, as markets reacted to signs that Ukraine and Russia may be approaching…
Business International Transportation Nigeria Reaffirms Commitment to Global Aviation Safety at 42nd ICAO Assembly November 26, 2025 Ekemini Uba Nigeria has reinforced its commitment to global aviation safety standards as its delegation, led by Minister of Aviation and Aerospace Development Festus Keyamo, attended the 42nd Assembly of the International…
Business International Macroeconomic Dollar Weakens as U.S. Economic Data Fuels Expectations of December Fed Rate Cut November 26, 2025 Ekemini Uba The U.S. dollar weakened on Tuesday as a mix of economic indicators, some delayed due to the recent government shutdown, reinforced market expectations that the Federal Reserve could cut interest…
Local Macroeconomic Stock Nigerian Equities Market Rebounds with N95 Billion Gain as CBN Holds Rates Steady November 26, 2025 Ekemini Uba The Nigerian equities market staged a notable recovery on Tuesday, November 25, bouncing back from six consecutive days of declines. The market gained N95 billion in total capitalization to close…
Local Macroeconomic Ghana Cedi Surges 32% Against Dollar in 2025: Strongest Performance in West Africa November 26, 2025 Ekemini Uba Ghana’s cedi has continued its remarkable upward trajectory in 2025, recording a 32.2% appreciation against the US dollar on the interbank market over the first eleven months of the year.…
Business Local Macroeconomic Nigeria to save millions in FX as export tests get global approval November 26, 2025 Ekemini Uba Nigeria is set to save millions of dollars in foreign exchange after the Nigeria National Accreditation System (NINAS) received global accreditation, allowing export test results and quality certificates from the…
Business Local Technology Nigeria Champions Africa’s Digital Sovereignty and Regional Collaboration at ICEGOV 2025 November 26, 2025 Ekemini Uba Nigeria has once again positioned itself at the forefront of Africa’s digital transformation, as the Director-General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi, emphasized the importance…
Business Finance Local NGX Rebounds After Six-Day Slump, Adds N94.47bn in Market Value November 26, 2025 Ekemini Uba Bullish trading returned to the Nigerian Exchange Limited (NGX) on Tuesday, breaking a six-day losing streak that had dented investor confidence. The All-Share Index rose by 0.10 per cent to…
Business International Stock European Stocks Poised to Rise as Fed Rate Cut Expectations Grow Ahead of UK Budget November 26, 2025 Ekemini Uba European stocks are set to open higher on Wednesday as investor expectations build for a potential U.S. Federal Reserve interest rate cut in December. The move comes as global markets…
