Banking Business Local Bank Plans GSE Listing as BoG Considers Recapitalisation Deadline Extension April 2, 2026 Ekemini Uba The Bank of Ghana (BoG) has revealed that one of the two banks yet to meet the minimum capital requirement is planning to list on the Ghana Stock Exchange (GSE)…
Business Local Market MTN Ghana Gains as Banking Stocks Drag GSE Lower in Quarter-End Trading April 2, 2026 Ekemini Uba The Ghana Stock Exchange (GSE) ended the first quarter of 2026 on a weaker note, as losses in banking stocks outweighed gains in the telecommunications sector. The benchmark GSE Composite…
Agriculture Business International World Bank Approves $500 Million Loan to Boost Nigeria’s Agriculture Sector April 2, 2026 Ekemini Uba Nigeria’s agriculture sector is set for a major boost following the World Bank’s approval of a $500 million credit facility aimed at improving productivity, strengthening value chains, and enhancing food…
Business Economy Local Naira Strengthens as Remittance Reforms Boost FX Liquidity Despite Falling Reserves April 2, 2026 Ekemini Uba Nigeria’s currency, the naira, started April 2026 on a positive note, posting gains across key foreign exchange markets as improved liquidity—driven largely by recent remittance reforms—helped support the local unit.…
Business Energy International Oil Prices Surge Over 6% as Trump’s Iran War Threat Escalates Market Fears April 2, 2026 Ekemini Uba Oil prices jumped sharply on Wednesday, with global benchmark Brent crude rising more than 6%, after U.S. President Donald Trump signaled a possible escalation in the ongoing conflict with Iran.…
Business Finance Local NGX Empowers Students with Investor Protection Education During Global Money Week April 1, 2026 Ekemini Uba The Nigerian Exchange Limited (NGX) has taken a major step toward safeguarding the financial future of young Nigerians by hosting an educational session on investor protection and market integrity. The…
Business Finance Local Stock Nigerian Stock Market Hits Record N29.8 Trillion Gain in Q1 2026 April 1, 2026 Ekemini Uba The Nigerian stock market achieved an unprecedented milestone in the first quarter of 2026, recording a staggering N29.8 trillion gain. This remarkable growth marked the largest quarterly increase in the…
Business Local UAC Nigeria Revenue Hits N341bn Amid CHI Acquisition Drive April 1, 2026 Ekemini Uba UAC of Nigeria Plc has posted a remarkable N340.5 billion in revenue for the year ended 31 December 2025, marking a 73% surge from 2024 levels. The conglomerate attributes this…
Business Finance Local Nigerian Stock Market Rebounds: ASI Gains 0.40% Amid Strong Consumer Stock Demand April 1, 2026 Ekemini Uba The Nigerian stock market snapped its recent losing streak on Tuesday as the benchmark All-Share Index (ASI) rose 0.40 per cent, closing at 201,287.78 points. This rebound pushed the year-to-date…
International Stock Kospi Surges as Trump Signals Potential End to Iran Conflict: Asia Markets Rebound April 1, 2026 Ekemini Uba Asia-Pacific markets surged on Wednesday as optimism grew over a possible end to the conflict in Iran. South Korea’s Kospi index led the regional rebound, jumping 8.44% to close at…
Business Energy Local Afreximbank Leads $4 Billion Funding Boost for Dangote Refinery April 1, 2026 Ekemini Uba The African Export-Import Bank (Afreximbank) has underwritten $2.5 billion of a $4 billion senior syndicated term loan for Dangote Petroleum Refinery and Petrochemicals, aiming to strengthen the refinery’s financial footing…
Business Economy International German Firms Target Nigeria’s €222bn Food Market to Boost Agri-Tech Investment April 1, 2026 Ekemini Uba German companies are ramping up their interest in Nigeria’s burgeoning food sector, projected to reach €222 billion by 2026. Both nations are exploring stronger cooperation to improve food security, drive…
Economy Local President Tinubu Seeks Senate Approval to Raise 2026 Budget by N9 Trillion April 1, 2026 Ekemini Uba President Bola Tinubu has officially requested the Senate’s approval to raise Nigeria’s 2026 Appropriation Bill by N9 trillion, taking the total budget from N58.4 trillion to N67.4 trillion. The request,…
Economy Finance investment Local Africa Loses $88 Billion Annually to Illicit Financial Flows – Edun Highlights Urgent Need for Fiscal Reforms April 1, 2026 Ekemini Uba Africa loses an estimated $88 billion each year to illicit financial flows (IFFs), Finance Minister and Coordinating Minister of the Economy, Wale Edun, revealed. Speaking at the fifth session of…
Business Energy Local NNPC to Boost Crude Supply to Dangote Refinery from May Amid Rising Fuel Prices April 1, 2026 Ekemini Uba The Nigerian National Petroleum Company Limited (NNPC) will increase crude oil allocations to the Dangote Refinery starting May, industry sources confirmed. The refinery, which previously received five cargoes per month,…
Economy Energy Local FG Plans to Bridge N9tn Budget Gap with Oil Windfall and $6bn Loans April 1, 2026 Ekemini Uba The Federal Government has requested the National Assembly’s approval for a N9.09tn increase to the 2026 budget, signaling a major adjustment to Nigeria’s fiscal framework. President Bola Ahmed Tinubu’s proposal…
Business International Technology Salesforce Transforms Slack with AI Makeover: 30 New Features and Smarter Slackbot April 1, 2026 Ekemini Uba Salesforce is taking its commitment to artificial intelligence to the next level, announcing a major AI-focused update for Slack at a San Francisco event on Tuesday. CEO Marc Benioff and…
International Technology Industry Leaders Raise Concerns Over 6G Readiness as Timelines Accelerate April 1, 2026 Ekemini Uba The telecommunications sector is facing mounting anxiety as the race to 6G accelerates. According to the 2026 DSP Leaders Industry Vision Report, industry sentiment is shifting: while planning continues, many…
Business investment Local High Capital Requirements Undermine Ghana’s Investment Competitiveness – GIPC April 1, 2026 Ekemini Uba Ghana’s investment landscape faces a major hurdle due to high capital requirements, making the country less competitive in West Africa, the Ghana Investment Promotion Centre (GIPC) has revealed. According to…
Business Energy Local NNPC Increases Crude Supply to Dangote Refinery to Seven Cargoes Amid Rising Fuel Prices April 1, 2026 Ekemini Uba The Nigerian National Petroleum Company Limited (NNPC) has announced an increase in crude oil allocations to the Dangote Petroleum Refinery, raising the supply to seven cargoes for May. This marks…
Business Economy Local Naira Weakens to N1,387/$ as Nigeria’s Foreign Reserves Fall to $49.29 Billion April 1, 2026 Ekemini Uba The Nigerian naira weakened slightly to N1,387 per dollar on Tuesday, up from N1,386.75/$ recorded in the previous session, according to data released by the Central Bank of Nigeria (CBN).…
International Technology OpenAI Raises $122B in Record Funding Round, Attracts $3B from Retail Investors Ahead of IPO April 1, 2026 Ekemini Uba OpenAI has closed a record-breaking $122 billion funding round at a staggering $852 billion valuation, marking the largest capital raise in the AI company’s history. The tech giant is ramping…
Business Energy International Oil Prices Hover Around $100 Amid Trump Iran Exit Comments and Middle East Tensions April 1, 2026 Ekemini Uba Crude oil prices swung wildly around the $100 mark on Wednesday as investors reacted to U.S. President Donald Trump’s comments on a potential exit from the Iran conflict. U.S. West…
Business Energy Local Nigerian Crude Soars in March as Bonny Light Commands Premium Amid Geopolitical Tensions April 1, 2026 Ekemini Uba Nigerian crude oil marked its strongest monthly performance in March, climbing nearly 58% and approaching $120 per barrel at the start of the month. Bonny Light, Nigeria’s flagship light, sweet…
investment Local Market DMO Hikes FGN Bond Yields, Slashes Allotment to N485.50 Billion Amid Strong Investor Demand April 1, 2026 Ekemini Uba The Debt Management Office (DMO) has increased borrowing costs at its latest Federal Government of Nigeria (FGN) bond auction, conducted on Monday, March 30, while sharply reducing allotments to N485.50…
Business Finance Local NGX Records Historic N30trn Q1 Gain as Nigerian Stocks Surge to Record Highs April 1, 2026 Ekemini Uba Nigeria’s stock market has delivered a historic performance in the first quarter of 2026, with investors recording a massive N29.83 trillion gain—the largest Q1 growth ever seen on the Nigerian…
Business Energy International Nigeria’s Gas Wealth Attracts Europe Amid Supply Crisis, But Infrastructure Gaps Slow Response April 1, 2026 Ekemini Uba European energy markets are under pressure as supply disruptions from Qatar force countries like Belgium, Italy, and Poland to urgently seek alternative sources of liquefied natural gas (LNG). Nigeria, home…
