Business Energy Local Dangote Petrol Price War: How Nigeria’s Fuel Market Faces a Brutal Downstream Shake-Up December 16, 2025 Ekemini Uba Nigeria’s downstream petroleum sector is in the grip of a fierce price war following Dangote Petroleum Refinery’s dramatic cut in the gantry price of Premium Motor Spirit (PMS). The refinery…
Business Energy Local Idle NNPC Refineries Drive Nigeria’s Petrol Imports Despite Dangote Output December 16, 2025 Ekemini Uba Nigeria’s dependence on imported petrol deepened in November as marketers blamed the continued dormancy of government-owned refineries for the surge in imports. Data from the Nigerian Midstream and Downstream Petroleum…
Business International Market European markets open lower as investors await key central bank decisions December 16, 2025 Ekemini Uba European stock markets are set to open lower on Tuesday, giving back early-week gains as investors brace for a packed schedule of central bank decisions and major economic data releases.…
Business Local Macroeconomic Nigeria Inflation Eases to 14.45% as OPS Calls for MSME Credit Support December 16, 2025 Ekemini Uba Nigeria’s headline inflation rate declined to 14.45 per cent in November 2025, marking a further easing in consumer price pressures, according to the latest Consumer Price Index report released by…
Business Local Market NGX Gains ₦3bn as Cautious Trading Reflects Investor Selectivity December 16, 2025 Ekemini Uba The Nigerian equities market closed the first weekday of trading on a modest positive note, with the Nigerian Exchange Limited adding about ₦3 billion in value as investors maintained a…
Local Macroeconomic Nigeria’s Data Reforms Drive Economic Gains as Inflation Eases to 16.05%, GDP Grows 3.98% December 15, 2025 Ekemini Uba Nigeria’s ongoing data and economic reforms are beginning to pay off, with inflation easing to 16.05 percent in November 2025 and the economy recording a real GDP growth of 3.98…
Breaking Local Macroeconomic BREAKING NEWS: Nigeria Inflation Drops to 14.45% in November 2025, Beats Tinubu’s 15% Target December 15, 2025 Ekemini Uba Nigeria’s headline inflation rate slowed to 14.45 percent in November 2025, marking a notable decline from 16.05 percent in October and beating President Bola Tinubu’s inflation target for the year.…
Business Economy Local FG Set to Forfeit N1.4 Trillion in 2026 Through 5% Corporate Tax Cut to Boost Economy December 15, 2025 Ekemini Uba The Federal Government of Nigeria is set to give up approximately N1.4 trillion in revenue in 2026 by reducing the corporate income tax (CIT) rate from 30% to 25%, according…
International Technology Google.org Supports Cybersecurity Effort to Protect 15 Million Public Records in Africa December 15, 2025 Ekemini Uba Google.org has announced funding for a groundbreaking three-year initiative to protect more than 15 million public records and safeguard over two million people across Nigeria, Kenya, Ghana, and South Africa.…
Local Technology NCC Attributes Poor Telephone Services in Abuja to Diesel Supply Disruption December 15, 2025 Ekemini Uba The Nigerian Communications Commission (NCC) has confirmed ongoing disruptions in telephone services across Abuja, acknowledging that the quality of service (QoS) for subscribers has been significantly affected. The Commission highlighted…
International Technology Global Digital Economy Targets 9.5% Growth in 2026 Amid Rising Cybersecurity Demands December 15, 2025 Ekemini Uba The global digital economy is set for a major leap in 2026, with growth projected at 9.5%, according to the Digital Cooperation Organisation (DCO). This figure is nearly three times…
Finance International Macroeconomic Global Currencies on Edge Ahead of Central Bank Decisions and U.S. Data December 15, 2025 Ekemini Uba Global currencies were largely rangebound on Monday as investors prepared for a critical week of central bank decisions and major U.S. economic releases. The dollar held near two-month lows, while…
Business Finance Local 99% of Nigerian Stock Market Investors Exempt from Capital Gains Tax, Says FG December 15, 2025 Ekemini Uba The Federal Government has assured Nigerian investors that the vast majority of participants in the stock market will not be affected by the proposed capital gains tax (CGT). Speaking at…
Local Technology Bosun Tijani Explains How Bandits Evade Tracking Despite NIN-SIM Linkage December 15, 2025 Ekemini Uba Nigeria’s Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, has clarified his recent comments on how bandits exploit digital systems to evade detection, despite the government’s National Identity…
Energy Local Macroeconomic World Bank Warns Rising Air Conditioner Use Could Strain Nigeria’s Power Grids December 15, 2025 Ekemini Uba The World Bank has raised concerns over the rising use of air conditioners in Nigeria and other developing countries, warning that it could place severe strain on already fragile electricity…
investment Local Macroeconomic NSIA’s 2025 Impact: Driving Nigeria’s Economic Growth Through Strategic Investments December 15, 2025 Ekemini Uba In 2025, the Nigeria Sovereign Investment Authority (NSIA) has firmly established itself as more than just a savings and stabilization fund. Over a decade since its creation, the Authority has…
investment Local Macroeconomic US Fed Rate Cut Could Ease Pressure on Naira, Analysts Say December 15, 2025 Ekemini Uba The United States Federal Reserve’s decision to lower its key interest rate by 25 basis points to a range of 3.50%–3.75% could have far-reaching effects for Nigeria, analysts say. The…
Business Local Stock Nigerian Stock Market Gains N1.5 Trillion as MTN, Breweries, and Dangote Sugar Lead Rally December 15, 2025 Ekemini Uba The Nigerian stock market recorded a strong rebound last week, with investors gaining over N1.5 trillion as trading momentum picked up. After a period of weakness in November 2025, the…
investment Local Non-Oil Exports Surge to Record N9.2 Trillion in First Nine Months of 2025 December 15, 2025 Ekemini Uba Nigeria’s non-oil export sector has reached a historic milestone, generating N9.2 trillion in the first nine months of 2025, a 48% increase from N6.2 trillion recorded during the same period…
International Technology WhatsApp Faces Major Challenges in India as New Government Rules Threaten Business and Daily Use December 15, 2025 Ekemini Uba WhatsApp, the messaging app owned by Meta and relied on by hundreds of millions of Indians, is at a critical crossroads. Recent government directives could fundamentally alter how the platform…
Business Local Technology Nigeria’s Telecom Sector Achieves 5.78% Growth in Q3 2025 Amid Economic Challenges December 15, 2025 Ekemini Uba Nigeria’s telecommunications industry posted a real growth rate of 5.78% in the third quarter of 2025, according to the latest data from the National Bureau of Statistics (NBS). While slightly…
Business Finance International European Markets Rise Ahead of Busy Central Bank Week December 15, 2025 Ekemini Uba European markets started the week on a positive note as investors prepared for a series of key central bank meetings across the continent. The pan-European Stoxx 600 index rose 0.38%…
Business Local BUA Rewards 510 Employees with N30 Billion at 2025 Night of Excellence December 15, 2025 Ekemini Uba BUA Group has recognized the dedication and loyalty of its workforce by awarding N30 billion to 510 employees during its 2025 Night of Excellence and Long Service Awards. The event,…
Business Local Champion Breweries Rights Issue: Brewer Opens ₦16bn Capital Raise to Fund Bullet Brand Expansion December 15, 2025 Ekemini Uba Champion Breweries Plc has officially opened a ₦16 billion Rights Issue of ordinary shares, priced at ₦16 per share, after securing approvals from the Securities and Exchange Commission and the…
Business Local NGX Adds N1.54 Trillion as Stock Market Rallies 1.63% on Investor Confidence December 15, 2025 Ekemini Uba Nigeria’s equities market ended last week on a strong note, with investors gaining N1.54 trillion as the benchmark index advanced by 1.63 per cent, underscoring renewed confidence despite lower trading…
Business Energy Local Petrol Price War Escalates as Dangote Accuses NMDPRA Chief of $5m School Fees Scandal December 15, 2025 Ekemini Uba Nigeria’s intensifying petrol price war took a dramatic turn on Sunday as Aliko Dangote, President of the Dangote Group, publicly accused the head of the Nigerian Midstream and Downstream Petroleum…
Business Energy Local Dangote Sets New Petrol Pump Price at ₦739 per Litre, Targets Nationwide Cut December 15, 2025 Ekemini Uba The Dangote Petroleum Refinery has announced a new petrol pump price of ₦739 per litre, a move expected to bring relief to motorists and ease pressure on household budgets. The…
Business Local Technology E-Invoicing in Nigeria: Is FIRS Revolutionizing Real-Time Tax Monitoring? December 12, 2025 Ekemini Uba Nigeria is taking a bold step in modernizing tax administration with the introduction of e-invoicing through the Federal Inland Revenue Service’s (FIRS) Merchant Buyer Solution (MBS). Designed to enable real-time…
Local Technology Nigeria Aims for Trillion-Dollar Economy Through 3MTT Digital Talent Program December 12, 2025 Ekemini Uba The Federal Government of Nigeria is ramping up efforts to transform the nation into a trillion-dollar economy by strategically investing in digital and technical skills. At the 3MTT Nigeria National…
Business Energy Local Nigeria’s Fuel Import Bill Hits N1.28 Trillion in Q3 2025 Amid Rising Domestic Refining Hopes December 12, 2025 Ekemini Uba Nigeria spent a staggering N1.28 trillion on fuel imports in the third quarter of 2025, according to data released by the National Bureau of Statistics (NBS) on Thursday. While this…
