Business Economy Local Innovation and Partnerships Poised to Drive Nigeria’s Economic Breakthrough — Federal Government December 5, 2025 Ekemini Uba Nigeria is positioning itself for a major economic breakthrough powered by innovation, strong private-sector collaboration, and deeper regional integration, according to the Federal Government. The assurance comes on the heels…
Business Finance International Asia Markets Climb on Wall Street Gains Amid Federal Reserve Rate-Cut Hopes December 4, 2025 Ekemini Uba Asia-Pacific stock markets mostly climbed Thursday, buoyed by Wall Street’s overnight gains and renewed hopes that the U.S. Federal Reserve could reduce interest rates next week. Investors reacted to weaker-than-expected…
Business Economy Local South Africa Business Confidence Rebounds in Q4 2025 Amid Economic Optimism December 4, 2025 Ekemini Uba South Africa’s business confidence saw a notable rebound in the final quarter of 2025, reversing two consecutive declines as the economy showed signs of renewed momentum. The RMB/BER business confidence…
Local Technology Tinubu Launches N160 Billion Telecom Tower Rollout to Boost Security and Connectivity in Rural Nigeria December 4, 2025 Ekemini Uba In a decisive move to strengthen Nigeria’s security and digital infrastructure, President Bola Tinubu has declared a nationwide security emergency while approving a N160 billion plan to erect 4,000 telecommunications…
Business Economy International Nigeria–S’Africa chamber celebrates 25-year economic partnership December 4, 2025 Ekemini Uba The Nigeria-South Africa Chamber of Commerce (NSACC) marked a significant milestone this week, celebrating 25 years of fostering trade and investment between Africa’s two largest economies. The silver jubilee gala,…
Business investment Local FIRS clarifies new tax laws, debunks levy misconceptions December 4, 2025 Ekemini Uba The Federal Inland Revenue Service (FIRS) has clarified that Nigeria’s newly enacted tax laws are intended to enhance economic competitiveness, attract investments, and secure long-term fiscal stability. In recent weeks,…
Business Local Macroeconomic Nigeria’s GDP Grows in Q3 2025, but CPPE Warns of Rising Cost of Living December 4, 2025 Ekemini Uba Nigeria’s economy recorded a year-on-year GDP growth of 3.98% in the third quarter of 2025, according to the latest data from the Centre for the Promotion of Private Enterprise (CPPE).…
Business Finance Local Ghana Reference Rate Drops to 15.9% in December, Easing Borrowing Costs for Businesses December 4, 2025 Ekemini Uba Ghana’s benchmark reference rate for bank lending has fallen sharply in December, offering a welcome reprieve for businesses and consumers ahead of the year-end. According to the Ghana Association of…
Local Technology FEC Approves 4,000 Telecom Towers to Boost Digital Access in Nigeria December 4, 2025 Ekemini Uba The Federal Executive Council (FEC) has approved the deployment of 4,000 telecom towers across Nigeria, a move aimed at improving digital access in underserved communities. The decision, announced after Wednesday’s…
Business Local Stock Nigerian Equities Surge N252 Billion as Guinness and Tier-1 Banks Drive Market Rally December 4, 2025 Ekemini Uba The Nigerian equities market recorded a notable gain on Wednesday, adding N252.1 billion in market capitalisation, continuing the rebound from the previous trading session. The benchmark All-Share Index (ASI) rose…
International Technology Gemini was Google’s top trending search term in 2025 December 4, 2025 Ekemini Uba In 2025, curiosity around the world was dominated by technology, sports, and pop culture, according to Google’s annual “Year in Search” report. Unlike general searches like “weather” or “news,” the…
Business Local Macroeconomic Nigeria’s Business Confidence Hits 13-Month High on Stable FX and Easing Inflation December 4, 2025 Ekemini Uba Nigeria’s business confidence has reached its highest level in over a year, buoyed by easing inflationary pressures and a more stable foreign-exchange market, according to the latest NESG–Stanbic IBTC Business…
Business Finance Local CBN Removes Deposit Limits, Raises Weekly Cash Withdrawal Cap to N500,000 December 4, 2025 Ekemini Uba The Central Bank of Nigeria (CBN) has announced a major shake-up of its cash-handling policies, removing all limits on cash deposits and raising the weekly withdrawal cap for individuals to…
Business Energy Local Seplat Energy Empowers 49 Niger Delta Youths with Technical Skills to Boost Oil and Gas Careers December 4, 2025 Ekemini Uba Seplat Energy Producing Nigeria Unlimited (SEPNU) has strengthened its commitment to community development by empowering 49 youths from the Niger Delta with specialized technical skills to thrive in the oil…
Business Energy Local Nigeria Named Headquarters of African Petroleum Regulators Forum, Komolafe Elected Chairman December 4, 2025 Ekemini Uba The African Petroleum Regulators Forum (AFRIPERF) has officially chosen Nigeria as its headquarters, signaling the country’s growing influence in Africa’s petroleum industry. In a unanimous decision, the forum also elected…
Business Local Politics US Firm Pulls Nigeria’s Presidential Jet from Sale Amid Government Review December 4, 2025 Ekemini Uba In a surprising development, the US marketing firm handling the sale of Nigeria’s presidential Boeing 737‑700 Business Jet has officially withdrawn the aircraft from its sales platform. The jet, which…
Local Technology Nigeria Ranks 97th Globally in Digital Quality of Life Amid Affordability Challenges December 4, 2025 Ekemini Uba Nigeria’s digital quality of life has seen only modest improvements in 2025, with the country ranking 97th globally in the latest Surfshark Digital Quality of Life (DQL) Index, up slightly…
Business International Market Dollar Weakens as Rate-Cut Hopes Grow, Euro Hits Seven-Week High December 4, 2025 Ekemini Uba The U.S. dollar slipped on Thursday as a fresh batch of underwhelming economic data strengthened expectations that the Federal Reserve will cut interest rates next week. The soft performance provided…
Business Economy Local FG Unveils N54.43tn 2026 Budget as Soaring Debt Service Takes N15.91tn December 4, 2025 Ekemini Uba The Federal Government has presented a N54.43tn national budget for 2026, unveiling a financial plan marked by a record-breaking deficit and rising debt service obligations. With total revenue estimated at…
Business Local Macroeconomic CBN Holds Interest Rate at 27% as Disinflation Advances and Economy Stabilises December 4, 2025 Ekemini Uba The Central Bank of Nigeria has once again held the Monetary Policy Rate at 27 per cent, choosing caution as the economy gradually enters a disinflation phase. At its November…
Business Local Macroeconomic Nigeria’s GDP Set for 4.22% Rebound in Q4 2025 as Economy Strengthens — Report December 4, 2025 Ekemini Uba Nigeria’s economy is expected to close the year on a stronger note, as analysts at CardinalStone project a rebound in Gross Domestic Product (GDP) growth to 4.22% in Q4 2025,…
Banking Business Finance Local Nigeria’s Cash Demand Hits N4.65 Trillion as Currency Circulation Surges December 3, 2025 Ekemini Uba Nigeria’s appetite for physical cash has surged once again, with Currency Outside Banks (COB) rising to N4.65 trillion in October, marking the second consecutive month of growth. The increase reflects…
Business Energy Local Nigeria Targets $10 Billion Investment from 50 Oil Blocks to Boost 400,000 BPD Output December 3, 2025 Ekemini Uba Nigeria is set to lease 50 oil blocks to investors in a bid to raise $10 billion and increase oil production by an estimated 400,000 barrels per day (bpd), the…
Business Finance Local Nigerian Stock Market Hits 5-Year Low Amid Portfolio Realignment and CGT Uncertainty December 3, 2025 Ekemini Uba The Nigerian stock market experienced its sharpest monthly loss in five years in November, as uncertainty over the Capital Gains Tax (CGT) and year-end portfolio rebalancing weighed heavily on equities.…
Business Local Stock NGX Surges N1.3 Trillion as Yuletide Rally Boosts Investor Confidence December 3, 2025 Ekemini Uba Trading activity on the Nigerian Exchange Limited (NGX) picked up momentum yesterday, driven by expectations of a year-end yuletide rally. Investors regained confidence following recent market losses, lifting the nation’s…
Business International investment Ghana FDI Hits $378M in Q3 2025 as Manufacturing Leads Investment Surge December 3, 2025 Ekemini Uba Foreign direct investment (FDI) inflows into Ghana reached $378 million in the third quarter of 2025, with the manufacturing sector emerging as the country’s top investment magnet, according to the…
Business Energy Local FG Launches $100 Million Equity Investment Scheme to Boost Nigerian Oil Companies December 3, 2025 Ekemini Uba The Federal Government has announced a $100 million equity investment scheme to strengthen the capacity of Nigerian companies operating in the oil and gas sector. The initiative aims to provide…
Business Local Macroeconomic Nigeria’s Business Confidence Index Hits 111.3 as Key Sectors Expand in October 2025 December 3, 2025 Ekemini Uba Nigeria’s business climate continued to show promising signs of recovery in October 2025, with the Business Confidence Index (BCI) rising to 111.3 points, up from 107.9 in September. The latest…
Business Energy Local Nigerian Crude Oil Surges Above $65 Amid Geopolitical Tensions and OPEC+ Decisions December 3, 2025 Ekemini Uba Nigerian crude oil prices climbed above the $65 per barrel mark on Monday, driven by growing geopolitical tensions and supply disruption concerns. Key grades including Brass River, Bonny Light, and…
Business Local Stock Nigeria Stock Market Rebounds: Dangote Cement Spurs NGX 1.20% Gain December 3, 2025 Ekemini Uba Nigeria’s equities market staged a strong recovery on Tuesday, December 2, 2025, as the Nigerian Exchange Group (NGX) All Share Index (ASI) climbed 1.20% to 144,928.36 points. Market capitalization also…
