Business International Technology Global Markets Surge on AI Optimism as Oil Prices Stabilize January 6, 2026 Ekemini Uba Global stock markets opened the new year on a strong note, driven by renewed optimism in artificial intelligence and solid corporate earnings. Wall Street kicked off 2026 with record highs,…
Business Economy Local Business Confidence in Nigeria Soars Amid Insecurity and High Taxes January 6, 2026 Ekemini Uba Nigerian businesses are stepping into 2026 with renewed optimism, according to the December 2025 Business Expectations Survey (BES) by the Central Bank of Nigeria. The survey shows that the aggregate…
Local Technology NCC Vows Stronger Consumer Protection as Nigeria’s Telecom Service Gaps Persist January 6, 2026 Ekemini Uba Nigeria’s telecommunications regulator has pledged to adopt a tougher stance on consumer protection in 2026, acknowledging that service disruptions and network congestion continue to frustrate users nationwide. Despite investments that…
investment Local Macroeconomic Dollar Inflows Into Nigeria’s FX Market Drop 21% as Foreign Investors Pull Back January 6, 2026 Ekemini Uba U.S. dollar inflows into Nigeria’s official foreign exchange (FX) market fell sharply last week, signaling increased caution among foreign investors. According to data from the Nigeria Foreign Exchange Market (NFEM),…
Business Economy Local Nigeria’s Business Activity Expands for 12th Month Amid Rising Caution January 6, 2026 Ekemini Uba Nigeria’s business activity continued its growth streak for the twelfth month in a row in December 2025, according to the latest NESG–Stanbic IBTC Business Confidence Monitor (BCM). While the overall…
Banking Business Local CBN and NDIC Challenge Court Jurisdiction in Aso Savings & Union Homes License Revocation Dispute January 6, 2026 Ekemini Uba The Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC) have asked the Federal High Court in Abuja to decline jurisdiction in a lawsuit filed by Aso…
Business Finance Local Stock Nigerian Stock Market Surpasses N100 Trillion as Positive Momentum Drives Gains January 6, 2026 Ekemini Uba The Nigerian stock market marked a historic milestone on January 5, 2026, as its total value soared past N100 trillion, fueled by a surge in investor activity. Equity capital jumped…
Business International Technology Microsoft’s Nadella wants us to stop thinking of AI as ‘slop’ January 6, 2026 Ekemini Uba Microsoft CEO Satya Nadella wants the world to rethink artificial intelligence—not as a threat or a messy “slop,” but as a tool to amplify human potential. Writing on his personal…
Business Local How Personal Financial Stability Fuels Entrepreneurial Success in Emerging Markets January 6, 2026 Ekemini Uba In volatile economic environments, particularly across emerging markets, entrepreneurs often face more than just business challenges—unstable personal finances can turn minor setbacks into full-blown crises. Missed bills, sudden expenses, or…
Business Energy Local NNPC Cuts Petrol Price to ₦815 per Litre in Abuja Amid Intensifying Fuel Price War January 6, 2026 Ekemini Uba The Nigerian National Petroleum Company Limited (NNPC Ltd) has reduced the pump price of Premium Motor Spirit (petrol) at its retail outlets in Abuja to ₦815 per litre, offering motorists…
Business International Market European Stocks Poised to Rise as Global Market Sentiment Improves January 6, 2026 Ekemini Uba European stocks are set to open broadly higher on Tuesday, reflecting improving global market sentiment as investors respond to recent geopolitical developments linked to Venezuela. Market confidence appears to be…
Business Energy Local Petrol Could Rise to ₦1,400 Per Litre Without Local Refining – Dangote Refinery Warns January 6, 2026 Ekemini Uba Dangote Petroleum Refinery has warned that petrol prices in Nigeria could surge to as high as ₦1,400 per litre if the country depends entirely on fuel imports, stressing that local…
Economy investment Local FG Adopts Capital De-Risking Strategy to Drive Private-Sector Growth in 2026 January 6, 2026 Ekemini Uba The Federal Government has announced a major policy shift toward capital de-risking and private sector–led growth as the cornerstone of its 2026 Growth Acceleration and Investment Mobilisation Strategy. The move…
Business Local Market Just in: NGX Market Capitalisation hits ₦100trn January 5, 2026 Ekemini Uba The Nigerian Exchange (NGX) Limited recorded a major milestone on Monday as its market capitalisation crossed the ₦100 trillion mark for the first time. Data obtained from the NGX showed…
International Technology Plaud Unveils AI-Powered NotePin S and Desktop Meeting Notetaker Ahead of CES 2026 January 5, 2026 Ekemini Uba Plaud, the hardware innovator known for its smart meeting devices, has introduced its latest AI-powered notetaking tools ahead of CES 2026 in Las Vegas. The new Plaud NotePin S brings…
International Technology Ghanaian Tech Entrepreneur Freeman Faithful Carves a Niche in the UK Pet-Tech Industry January 5, 2026 Ekemini Uba At just 30, Ghanaian serial tech entrepreneur Freeman Faithful has lived multiple professional lives—student, tech consultant, cybersecurity engineer, and founder. Driven by curiosity and an insatiable desire to explore beyond…
Business Energy Local Africa Can Own and Manage Its Strategic Resources – Tony Elumelu on $500M Seplat Acquisition January 5, 2026 Ekemini Uba Tony Elumelu, Chairman of Heirs Energies, has reiterated Africa’s ability to own, develop, and responsibly manage its strategic resources. Speaking on the company’s latest acquisition, Elumelu described the transaction as…
Business International Market European Stocks Rise as Maduro’s Capture Sends Global Markets Reacting January 5, 2026 Ekemini Uba European stocks opened higher on Monday as investors responded to the dramatic U.S. operation that captured Venezuelan President Nicolas Maduro and his wife, Cilia Flores. Traders across the continent monitored…
Local Macroeconomic Politics Nigeria Tax Reforms Spark Security Alert as NRS Warns Against Misinformation January 5, 2026 Ekemini Uba The Chairman of the Nigeria Revenue Service (NRS), Dr. Zacch Adedeji, has put the nation’s security agencies on high alert following reports of planned protests against Nigeria’s newly introduced tax…
Finance International Technology AI Investment Boom Could Drive Global Inflation in 2026, Experts Warn January 5, 2026 Ekemini Uba Global stock markets are starting 2026 on a high, fueled by AI enthusiasm and strong corporate earnings. In the U.S., seven major tech companies accounted for half of all market…
Business Economy Finance Local Nigeria’s Current Account Surplus Set to Reach $18.81 Billion in 2026 – CBN Forecast January 5, 2026 Ekemini Uba Nigeria’s current account balance is set to strengthen significantly in 2026, with the Central Bank of Nigeria (CBN) projecting a surplus of $18.81 billion, equivalent to 11.16% of GDP. This…
Business Local Stock NGX Premium Stocks Lead Market Gains in 2025: Seplat Posts Steady Returns Amid Strong Index Growth January 5, 2026 Ekemini Uba The Nigerian Exchange (NGX) Premium Index closed 2025 on a high note, outpacing the broader All-Share Index with a remarkable 59.40% gain to 15,493.2 points. The sub-index, which tracks companies…
Business Finance Local Stock Ghana Stock Market Leads Africa in 2025 with 79% Gain January 5, 2026 Ekemini Uba The Ghana Securities Exchange (GSE) Composite Index has claimed the title of Africa’s best-performing stock market in 2025, leaving Nigeria’s NGX All-Share Index (ASI) and other regional peers behind. Ghana’s…
Business Energy Local Dangote Refinery’s Free Petrol Delivery Set to Drive Down Pump Prices Nationwide January 5, 2026 Ekemini Uba Nigerian motorists may soon breathe a sigh of relief as Dangote Refinery finalizes plans to distribute petrol for free to marketers across the country, a move expected to reduce pump…
Business Economy Local Nigeria’s Rising Debt Driven by Exchange Rate Shifts, Not New Borrowing – Budget Office January 5, 2026 Ekemini Uba Nigeria’s soaring debt figures are largely the result of exchange-rate revaluation of existing foreign-currency obligations rather than fresh borrowing, the Budget Office of the Federation has clarified. The federal government…
Business Finance Local Cash Circulation Stabilizes in Nigeria Amid Central Bank Reforms January 5, 2026 Ekemini Uba Nigeria’s cash supply is showing remarkable signs of stability following sweeping reforms by the Central Bank of Nigeria (CBN), easing the seasonal pressures that traditionally disrupt commerce during festive periods.…
Business Energy International OPEC+ Pauses Oil Output Increase Amid Venezuela Uncertainty January 5, 2026 Ekemini Uba The Organisation of Petroleum Exporting Countries and its allies, known as OPEC+, have decided to pause planned oil supply increases through the first quarter of 2026. The move comes as…
investment Local Macroeconomic Venezuela Crisis Could Create $10B Gap in Nigeria’s N58 Trillion 2026 Budget January 5, 2026 Ekemini Uba Nigeria’s 2026 spending plan, pegged at N58.18 trillion, could face a $10 billion shortfall due to the unfolding crisis in Venezuela and potential disruptions to global oil markets. Analysts warn…
Business Economy Local Nigeria’s Private Sector Growth Strengthens as PMI Hits 53.5 in December January 5, 2026 Ekemini Uba Nigeria’s private sector concluded 2025 on a strong note, driven by rising customer demand and steady business activity. The Stanbic IBTC Bank Nigeria Purchasing Managers’ Index (PMI) rose to 53.5…
Finance International Macroeconomic Dollar Strengthens as Traders Focus on U.S. Economic Data Despite Venezuela Tensions January 5, 2026 Ekemini Uba The U.S. dollar started the first full trading week of 2026 on a strong note, rising to a three-and-a-half-week high against the euro and reaching a two-week peak versus the…
