Business International Technology iPhone Records Best Quarter Ever as Apple Sees Surge in China and India January 30, 2026 Ekemini Uba Apple has posted a strong start to the year, with the iPhone emerging as the company’s biggest growth driver after recording its best quarter ever. According to Apple’s first-quarter earnings…
Business International Technology Apple Earnings Soar on iPhone 17 Pro Sales, But Investor Excitement Remains Tepid January 30, 2026 Ekemini Uba Apple’s latest earnings report highlights the power of the iPhone 17 Pro, whose 8x zoom and premium features have captured consumer attention worldwide. The Cupertino-based company posted a 16% year-on-year…
International Technology Microsoft Launches Maia 200 AI Chip but Will Continue Buying Nvidia and AMD Chips, Says Nadella January 30, 2026 Ekemini Uba Microsoft has officially rolled out its first in-house AI chip, the Maia 200, at one of its data centers this week, marking a major milestone in its push toward building…
Business Energy Local Nigeria Gas Flaring Hits 203.9 Billion SCF in 2025 Despite High Utilisation – NUPRC January 30, 2026 Ekemini Uba Nigeria continued to struggle with gas flaring in 2025, releasing over 203.9 billion standard cubic feet (SCF) of natural gas into the atmosphere despite a high utilisation rate of 92.4%,…
Business Energy International Clean Energy Momentum Grows Globally, but Nigeria and Africa Lag Behind January 30, 2026 Ekemini Uba As the world observed International Clean Energy Day, United Nations Secretary-General António Guterres delivered a stark message: the global shift to clean energy is underway but far too slow. While…
Business Finance Local CBN Governor Olayemi Cardoso Engages British International Investment Delegates to Boost Nigeria’s Financial Sector January 30, 2026 Ekemini Uba The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, on Wednesday, January 28, 2026, welcomed a delegation from British International Investment (BII) in a high-level meeting aimed…
Economy Local Politics Nigeria’s N58.4 Trillion Budget Passes Second Reading as Senate Tackles Electoral Act Reforms January 30, 2026 Ekemini Uba The House of Representatives has passed President Bola Tinubu’s N58.4 trillion 2026 budget through its second reading, surprising many observers by skipping a full debate on the proposal. The “Budget…
Business International Stock Adidas Shares Surge 6% After Record 2025 Revenue Boosts European Stocks January 30, 2026 Ekemini Uba European stocks opened higher on Friday, driven by strong corporate earnings and cautious optimism in global markets. By mid-morning in London, the pan-European Stoxx 600 was up 0.5%, with most…
Finance International Technology Ethos IPO Success: How the Sequoia-Backed Insurtech Survived Where Rivals Failed January 30, 2026 Ekemini Uba Ethos Technologies, the San Francisco-based life insurance software provider, officially debuted on Nasdaq Thursday under the ticker symbol “LIFE,” one of the first major tech IPOs of 2026. The company…
Business Economy International US Fed Holds Interest Rate at 3.5–3.75% to Stabilize Jobs and Tame Inflation January 30, 2026 Ekemini Uba The United States Federal Reserve has decided to keep its benchmark interest rate steady at 3.5–3.75%, citing the need to stabilize the labor market while bringing inflation closer to its…
Banking Business Local FCMB Records N177bn Profit in 2025, Driven by Strong Lending and Fee Income January 30, 2026 Ekemini Uba FCMB Group Plc has announced a remarkable profit after tax of N177 billion for the year ended December 31, 2025, marking a 141% rise from the N73.3 billion recorded in…
Business Economy Local FG’s N9tn Surge in Domestic Loans Crowds Out Private Sector Credit in 2025 January 30, 2026 Ekemini Uba Nigeria’s Federal Government sharply increased its domestic borrowing in 2025, drawing N9.19tn from financial institutions, data from the Central Bank of Nigeria (CBN) reveals. This surge came despite persistently high…
Business Local BUA Foods Reports N508bn Profit After Tax in 2025, Marking 91% Growth January 30, 2026 Ekemini Uba BUA Foods Plc has announced a remarkable N507.7 billion profit after tax for the year ended 31 December 2025, marking a 91% increase from the N266 billion reported in 2024.…
Local Technology Nigeria Telecoms Regulator Removes 450 Illegal Boosters, Fines Operators N45 Million to Improve Service Quality January 30, 2026 Ekemini Uba The Nigerian Communications Commission (NCC) has stepped up efforts to improve telecom service quality by dismantling over 450 illegal signal boosters in 2025 and fining operators a combined N45 million…
Business Economy International Nigeria Targets $30 Billion Trade with China by 2030 Through Strategic Partnership January 30, 2026 Ekemini Uba Nigeria is setting its sights on a major expansion of trade with China, aiming for a bilateral trade volume of 350 billion RMB (around $50 billion) by 2030. The ambitious…
Business Economy Local $21bn Capital Inflows Signal Nigeria’s Post-Oil Economic Turning Point January 30, 2026 Ekemini Uba Nigeria may be entering a long-awaited phase of economic recovery, as fresh data points to a decisive shift away from years of instability and oil dependence. According to the EnterpriseNGR…
Banking Business International Fitch Downgrades Afreximbank to High Risk Over Ghana Debt Deal, Ends Rating Coverage January 30, 2026 Ekemini Uba Fitch Ratings has downgraded the African Export-Import Bank (Afreximbank) to a high-risk profile, citing concerns arising from the bank’s involvement in Ghana’s ongoing debt restructuring programme. The global ratings agency…
Business Economy Local Naira Strengthens Below N1,400/$ as Official FX Market Records Fresh Gains January 30, 2026 Ekemini Uba Nigeria’s naira has broken below the N1,400-to-the-dollar threshold on the official foreign exchange market for the first time in more than a year, signalling a key psychological win for the…
Business Local Market NGX Market Capitalisation Rises by N232bn on Improved Investor Sentiment January 30, 2026 Ekemini Uba The Nigerian Exchange (NGX) closed trading on Thursday, January 29, 2026, on a positive note as renewed investor confidence lifted key market indicators, even as overall trading activity slowed. The…
Business Economy International investment AfCFTA SG: How Africa Can Thrive in the New Global Economy January 29, 2026 Ekemini Uba The global economic landscape is undergoing a profound transformation, with rising protectionism and trade barriers reshaping traditional markets. Speaking at the World Economic Forum in Davos, AfCFTA Secretary-General Wamkele Mene…
Business Economy Local Nigeria Eyes $400 Billion Commodities Market Through UAE-LCFE Partnership January 29, 2026 Ekemini Uba Nigeria is positioning itself as a key gateway to Africa’s $1 trillion commodities market, aiming to capture $400 billion in opportunities through strategic collaboration with the United Arab Emirates. The…
Business Finance Local Reforms and Price Transparency Set to Transform Nigeria’s Markets in 2026 – NGX CEO January 29, 2026 Ekemini Uba Nigeria’s capital markets are poised for a stronger, more transparent future in 2026, thanks to ongoing macroeconomic reforms and improved price discovery, according to Temi Popoola, Chief Executive Officer of…
Business Local Stock Multi-Trex Secures NGX Approval to Boost Public Shareholding January 29, 2026 Ekemini Uba Multi-Trex Integrated Foods Plc has received a regulatory nod from the Nigerian Exchange (NGX) to take steps toward increasing its public shareholding. The approval comes after the company’s recapitalisation left…
Business Finance International S&P 500 Futures Steady as Investors Digest Fed Rate Hold and Tech Earnings January 29, 2026 Ekemini Uba S&P 500 futures held steady Wednesday evening as investors weighed a mix of Federal Reserve signals and earnings reports from major tech companies. While the broad market showed minimal movement,…
Business Energy Local NNPC Petrol Price Increase: Lagos Rises to N835, Abuja to N839 Amid Market Forces January 29, 2026 Ekemini Uba The Nigerian National Petroleum Company (NNPC) Limited has increased petrol prices, with Lagos motorists now paying N835 per litre and Abuja consumers N839 per litre. This marks a notable jump…
Business Local Nigeria Loses Billions Daily to Illegal Mining, Experts Warn January 29, 2026 Ekemini Uba Nigeria is losing billions of naira every day to illegal mining and the underexploitation of non-oil resources, the Nigerian Mining and Geosciences Society (NMGS) has warned. Speaking at a press…
Local Technology Nigeria’s Top Startups Dominate 2025 Funding, Capturing 83% of Capital Inflows January 29, 2026 Ekemini Uba Nigeria’s startup ecosystem in 2025 saw a striking concentration of investment, with a handful of companies attracting the lion’s share of funding. According to compiled deal data, the top 11…
Business Energy Local NIPetE Symposium Highlights Innovation-Driven Future for Nigeria’s Energy Sector January 29, 2026 Ekemini Uba Nigeria’s energy future is poised for transformation, as experts at the 2026 NIPetE Oil and Gas Symposium emphasized the need for innovation-driven growth beyond crude oil dependency. Engr. Dr. Yetunde…
Local Technology Nigeria’s 5G Reality Check: Half of 5G Device Users Still Lack Network Access January 29, 2026 Ekemini Uba As Nigerians increasingly upgrade to 5G-enabled smartphones, a surprising digital paradox is emerging: around 50% of device owners cannot actually access 5G networks in the areas where they live or…
investment Local Macroeconomic South-West States Unveil N8.7tn 2026 Budget Focused on Capital Projects and Economic Growth January 29, 2026 Ekemini Uba The South-West states of Nigeria have proposed a combined budget of N8.7 trillion for 2026, with capital expenditure accounting for more than half of total spending, the Development Agenda for…
