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Day: June 29, 2026

Nigeria FX Market Turnover Soars 22% in June as Spot and Derivatives Trading Surge
BusinessinvestmentLocal

Nigeria FX Market Turnover Soars 22% in June as Spot and Derivatives Trading Surge

Nigeria’s foreign exchange market closed June on a strong note as trading activity surged sharply in the final week of…

byEkemini UbaJune 29, 2026
CBN Data Localisation Policy Set to Attract Billions in Digital Infrastructure Investment
BusinessLocalTechnology

CBN Data Localisation Policy Set to Attract Billions in Digital Infrastructure Investment

Nigeria’s digital economy is poised for a major boost as the Central Bank of Nigeria (CBN)’s new data localisation policy…

byEkemini UbaJune 29, 2026
Marketers To NNPC: Expedite Action On MoU With Chinese Firms
BusinessEnergyLocal

Marketers To NNPC: Expedite Action On MoU With Chinese Firms

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on the Nigerian National Petroleum Company Limited (NNPC Ltd) to…

byEkemini UbaJune 29, 2026
US Treasury Yields Hold Steady as Investors Await Crucial Jobs Report
BusinessEconomyInternationalMarket

US Treasury Yields Hold Steady as Investors Await Crucial Jobs Report

U.S. Treasury yields showed little movement on Monday as investors adopted a cautious stance ahead of a series of important…

byEkemini UbaJune 29, 2026
Exports to US fall by N366bn as imports surge
BusinessEconomyInternational

Exports to US fall by N366bn as imports surge

Nigeria’s trade relationship with the United States took a dramatic turn in the first quarter of 2026 as exports to…

byEkemini UbaJune 29, 2026
Global Stocks Climb as US-Iran Ceasefire Eases Market Fears, Oil Prices Rebound
BusinessInternationalMarket

Global Stocks Climb as US-Iran Ceasefire Eases Market Fears, Oil Prices Rebound

Asian stock markets started the week on a positive note as investors welcomed reports that the United States and Iran…

byEkemini UbaJune 29, 2026
NGX Weekly Turnover Crashes 47% as Investors Pull Back Amid Market Uncertainty
BusinessLocalStock

NGX Weekly Turnover Crashes 47% as Investors Pull Back Amid Market Uncertainty

The Nigerian Exchange (NGX) recorded a sharp decline in trading activity last week, with total market turnover falling by 47.18…

byEkemini UbaJune 29, 2026
Seplat Energy Wins Double Capital Market Awards, Strengthening Investor Confidence
BusinessEnergyLocal

Seplat Energy Wins Double Capital Market Awards, Strengthening Investor Confidence

Seplat Energy Plc has reinforced its reputation as one of Nigeria’s leading energy companies after clinching two prestigious awards at…

byEkemini UbaJune 29, 2026
AI Powering a New Era in Nigeria’s Electricity Sector, Says NDPHC Boss
BusinessEnergyLocalTechnology

AI Powering a New Era in Nigeria’s Electricity Sector, Says NDPHC Boss

Artificial Intelligence (AI) and Machine Learning (ML) are rapidly reshaping Nigeria’s electricity industry, with the Niger Delta Power Holding Company…

byEkemini UbaJune 29, 2026
Micron’s AI Boom Sparks Wall Street Frenzy as Chipmaker Emerges as the Next Nvidia
InternationalTechnology

Micron’s AI Boom Sparks Wall Street Frenzy as Chipmaker Emerges as the Next Nvidia

Micron Technology has become one of the biggest success stories of the artificial intelligence revolution, with investors increasingly viewing the…

byEkemini UbaJune 29, 2026
Dangote Refinery IPO, 2027 Election Activities Set to Shake Nigerian Stock Market in H2 2026
BusinessinvestmentLocal

Dangote Refinery IPO, 2027 Election Activities Set to Shake Nigerian Stock Market in H2 2026

Nigeria’s stock market could face a turbulent second half of 2026 as investors prepare for the highly anticipated Dangote Refinery…

byEkemini UbaJune 29, 2026
FMDQ FX Market Turnover Jumps 22% to $2.84 Billion as Trading Activity Gains Momentum
BusinessEconomyLocal

FMDQ FX Market Turnover Jumps 22% to $2.84 Billion as Trading Activity Gains Momentum

Nigeria’s foreign exchange market recorded a significant boost in trading activity as total turnover on the FMDQ Exchange climbed to…

byEkemini UbaJune 29, 2026
MPR: Analysts see MPC holding rates as election cycle begins
BusinessEconomyLocal

MPR: Analysts see MPC holding rates as election cycle begins

As Nigeria edges closer to the 2027 general elections, financial analysts are increasingly convinced that the Central Bank of Nigeria…

byEkemini UbaJune 29, 2026
Nigeria Earns N20.2tn from Crude Oil Exports in Five Months Despite Lower Shipment Volumes
BusinessEnergyLocal

Nigeria Earns N20.2tn from Crude Oil Exports in Five Months Despite Lower Shipment Volumes

Nigeria’s crude oil export earnings surged to an estimated N20.22 trillion in the first five months of 2026, highlighting the…

byEkemini UbaJune 29, 2026June 29, 2026
FCCPC Warns Fuel Marketers as High Petrol Prices Persist Despite Falling Crude Oil Prices
BusinessEnergyLocal

FCCPC Warns Fuel Marketers as High Petrol Prices Persist Despite Falling Crude Oil Prices

Nigeria’s consumer protection watchdog, the Federal Competition and Consumer Protection Commission (FCCPC), has raised fresh concerns over the continued high…

byEkemini UbaJune 29, 2026

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