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Year: 2025

Crude Oil Plunges to $60 as China Strikes Back with Steep Tariffs
EnergyInternationalMacroeconomic

Crude Oil Plunges to $60 as China Strikes Back with Steep Tariffs

Crude oil prices plunged on Wednesday, with Brent falling to $60.46 per barrel, down from $63 the previous day, and…

byEkeminiApril 10, 2025April 10, 2025
My thesis on sustainable development of our great State
FeaturesOpinion

My thesis on sustainable development of our great State

Creating a sustainable future requires bold and innovative strategies that focus on economic growth, social well-being and environmental care. By…

byakintundeApril 9, 2025April 9, 2025
Pension Fund Investments in Nigerian Infrastructure Soar as Assets Triple Over 5 Years
FinanceinvestmentLocalPension

Pension Fund Investments in Nigerian Infrastructure Soar as Assets Triple Over 5 Years

In recent years, Nigerian pension fund managers have significantly increased their investments in infrastructure, with the sector seeing a 218%…

byEkeminiApril 9, 2025April 9, 2025
Waste Managers in Nigeria Urge Government to Adopt Cost-Reflective Tariffs Amid Rising
BusinessenvironmentLocal

Waste Managers in Nigeria Urge Government to Adopt Cost-Reflective Tariffs Amid Rising

The Association of Waste Managers of Nigeria (AWAMN) has called on the Nigerian government to introduce a cost-reflective tariff structure…

byEkeminiApril 9, 2025April 9, 2025
GRA Exceeds Q1 Tax Revenue Target, Collects GH₵41bn
AfricaEconomyLocal

GRA Exceeds Q1 Tax Revenue Target, Collects GH₵41bn

The Ghana Revenue Authority (GRA) has announced an impressive performance in the first quarter of the year, surpassing its tax…

byEkeminiApril 9, 2025April 9, 2025
FG Confirms Continuation of Crude and Refined Product Sales in Naira Initiative
EnergyFinanceLocal

FG Confirms Continuation of Crude and Refined Product Sales in Naira Initiative

The Federal Government has reaffirmed that the Crude and Refined Product Sales in Naira initiative is a permanent policy. The…

byEkeminiApril 9, 2025April 9, 2025
Global Economists Condemn Trump’s Tariffs, Warning of Recession and Disruptions
InternationalMacroeconomicPolitics

Global Economists Condemn Trump’s Tariffs, Warning of Recession and Disruptions

Economists around the world are raising alarms about the potential consequences of President Donald Trump’s sweeping tariffs, which have escalated…

byEkeminiApril 9, 2025April 9, 2025
Nigeria Moves to Unlock Climate Fund for Green Investment and Climate Action
FinanceinvestmentLocal

Nigeria Moves to Unlock Climate Fund for Green Investment and Climate Action

In a significant move to accelerate its green transition, Nigeria’s Federal Government has committed to fully operationalising the Climate Change…

byEkeminiApril 9, 2025April 9, 2025
European Stocks Plunge 3% Amid Trump’s Tariff Implementation, Market Uncertainty Rises
BusinessFinanceInternational

European Stocks Plunge 3% Amid Trump’s Tariff Implementation, Market Uncertainty Rises

European stocks faced a steep decline on Wednesday, with the pan-European Stoxx 600 index dropping 3.08% by mid-morning in London.…

byEkeminiApril 9, 2025April 9, 2025
Champion Breweries Achieves N21bn Revenue in 2024, Strengthens Brand Presence in Akwa Ibom
BusinessFinanceLocal

Champion Breweries Achieves N21bn Revenue in 2024, Strengthens Brand Presence in Akwa Ibom

Champion Breweries Plc in Uyo, Akwa Ibom, reported a remarkable financial performance for 2024, with a revenue of N21 billion.…

byEkeminiApril 9, 2025April 9, 2025
NGX Group FY 2024: Strong Revenue Growth of 103.53% Driven by Market Activity and Strategic Focus
BusinessinvestmentLocal

NGX Group FY 2024: Strong Revenue Growth of 103.53% Driven by Market Activity and Strategic Focus

The Nigerian Exchange Group (NGX) reported impressive financial results for the year ending December 31, 2024, with a significant 103.53%…

byEkeminiApril 9, 2025April 9, 2025
Pension Funds Investment in Nigeria’s Real Sector Reaches N5.51 Trillion
BusinessFinanceLocal

Pension Funds Investment in Nigeria’s Real Sector Reaches N5.51 Trillion

Nigeria’s pension industry has committed a substantial N5.51 trillion towards financing key sectors critical for long-term economic growth, according to…

byEkeminiApril 9, 2025April 9, 2025
NCC Moves to Regulate Unclaimed Airtime and Data Balances for Telecom Subscribers
LocalTechnology

NCC Moves to Regulate Unclaimed Airtime and Data Balances for Telecom Subscribers

The Nigerian Communications Commission (NCC) has initiated discussions on regulating unclaimed airtime and data balances in the telecommunications sector. The…

byEkeminiApril 9, 2025April 9, 2025
Experts Urge Balance Between AI and Human Resources in Insurance Industry
insuranceLocalTechnology

Experts Urge Balance Between AI and Human Resources in Insurance Industry

As technological advancements such as Artificial Intelligence (AI), Big Data, IoT, and Blockchain continue to transform industries, experts in the…

byEkeminiApril 9, 2025April 9, 2025
Sanwo-Olu to inaugurate Rack Centre LGS2 Data Centre April 10
BusinessLocalTechnology

Sanwo-Olu to inaugurate Rack Centre LGS2 Data Centre April 10

On April 10, 2025, the Governor of Lagos State, Babajide Sanwo-Olu, will officially inaugurate the LGS2 Data Centre, a state-of-the-art…

byEkeminiApril 9, 2025April 9, 2025
CBN Targets 95% Financial Inclusion by 2024 to Reduce Financial Exclusion
BusinessFinanceLocal

CBN Targets 95% Financial Inclusion by 2024 to Reduce Financial Exclusion

The Central Bank of Nigeria (CBN) has set an ambitious target to achieve 95% financial inclusion by the end of…

byEkeminiApril 9, 2025April 9, 2025
Bond Selloff Signals Global Market Turmoil Amid U.S. Tariff Escalation
InternationalMacroeconomic

Bond Selloff Signals Global Market Turmoil Amid U.S. Tariff Escalation

U.S. Treasuries experienced significant losses as a global market rout was sparked by the imposition of high U.S. tariffs, leading…

byEkeminiApril 9, 2025April 9, 2025
Adesina Advocates for Stronger Global Partnerships to Boost African Economic Growth
AfricaInternationalMacroeconomic

Adesina Advocates for Stronger Global Partnerships to Boost African Economic Growth

Dr. Akinwumi Adesina, President of the African Development Bank Group, emphasized the importance of fostering global alliances to enhance economic…

byEkeminiApril 9, 2025April 9, 2025
Trump’s 14% Tariff Imposes Risks on N323.96bn Nigerian Non-Oil Exports to the US
BusinessInternationalTrade

Trump’s 14% Tariff Imposes Risks on N323.96bn Nigerian Non-Oil Exports to the US

US President Donald Trump’s newly implemented Universal Baseline Tariff, announced on April 2, 2025, has placed a significant portion of…

byEkeminiApril 9, 2025April 9, 2025
Crypto Market Crashes as Trump’s Tariffs on China Trigger Financial Chaos
BusinessCryptoInternational

Crypto Market Crashes as Trump’s Tariffs on China Trigger Financial Chaos

The cryptocurrency market has been hit hard following the implementation of U.S. President Donald Trump’s tariffs on Chinese goods. Bitcoin…

byEkeminiApril 9, 2025April 9, 2025
Trump Imposes 104% Tariff on China Following Failed Deadline, Intensifying Trade Tensions
InternationalMacroeconomic

Trump Imposes 104% Tariff on China Following Failed Deadline, Intensifying Trade Tensions

The Trump administration has escalated its trade war with China by imposing a significant 104% tariff on Chinese imports. This…

byEkeminiApril 9, 2025April 9, 2025
IMF Warns of Increased Funding Requests from Africa Amid U.S. Tariff Fallout
AfricaBusinessInternational

IMF Warns of Increased Funding Requests from Africa Amid U.S. Tariff Fallout

The International Monetary Fund (IMF) is bracing for an influx of funding requests from African nations, as the economic consequences…

byEkeminiApril 9, 2025April 9, 2025
US Tariff Hits Ghana’s Cocoa, Textiles, and Agriculture Sectors
AgricultureBusinessLocal

US Tariff Hits Ghana’s Cocoa, Textiles, and Agriculture Sectors

Ghanaian exporters are facing significant challenges due to the United States’ recent decision to impose a 10% tariff on imports,…

byEkeminiApril 9, 2025April 9, 2025
ETI, Calbank, and Total Drive GSE’s Strong Performance in Q1 2025-GHANA
BusinessLocalStock

ETI, Calbank, and Total Drive GSE’s Strong Performance in Q1 2025-GHANA

The Ghana Stock Exchange (GSE) kicked off 2025 with impressive gains, driven by substantial growth from key companies in the…

byEkeminiApril 9, 2025April 9, 2025
Trump’s New Tariffs Shake Global Markets, Pushing Stocks into Decline
BusinessInternationalMacroeconomic

Trump’s New Tariffs Shake Global Markets, Pushing Stocks into Decline

US President Donald Trump’s latest round of tariffs, including a striking 104% duty on Chinese goods, took effect on Wednesday,…

byEkeminiApril 9, 2025April 9, 2025
Africa’s $60 Billion AI Bet: Ambitious but Lags Behind Global Rivals
AfricaInternationalTechnology

Africa’s $60 Billion AI Bet: Ambitious but Lags Behind Global Rivals

Africa has set an ambitious goal with a $60 billion investment into Artificial Intelligence (AI) development, representing 2.2% of the…

byEkeminiApril 9, 2025April 9, 2025
Investors Gain N100bn as Nigerian Stock Market Rebounds After Previous Loss
BusinessinvestmentLocal

Investors Gain N100bn as Nigerian Stock Market Rebounds After Previous Loss

Investors in the Nigerian Exchange Limited (NGX) experienced some relief as the market reversed a previous loss and gained N100.45…

byEkeminiApril 9, 2025April 9, 2025
Trump’s Tariffs Threaten U.S. Economy and New York’s Future, Warns Senator Schumer
InternationalMacroeconomic

Trump’s Tariffs Threaten U.S. Economy and New York’s Future, Warns Senator Schumer

Senator Chuck Schumer has sharply criticized former President Donald Trump for the economic fallout caused by his tariff policies, claiming…

byEkeminiApril 8, 2025April 8, 2025
Nigeria Stocks Join Global Decline Amid Tariff Turmoil, Investors Lose N659bn
Internationalinvestment

Nigeria Stocks Join Global Decline Amid Tariff Turmoil, Investors Lose N659bn

Nigeria’s stock market suffered significant losses, mirroring a global downturn triggered by U.S. President Donald Trump’s tariffs. On April 7,…

byEkeminiApril 8, 2025April 8, 2025
AfDB President Adesina Calls for Stronger Global Financial Ties with Africa to Drive Economic Growth
AfricaBusinessInternational

AfDB President Adesina Calls for Stronger Global Financial Ties with Africa to Drive Economic Growth

Dr. Akinwumi Adesina, President of the African Development Bank (AfDB), has called for stronger collaboration between international financial hubs and…

byEkeminiApril 8, 2025April 8, 2025

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