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  • Ekemini Uba

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Ekemini Uba 5203 posts 0 comments

Business

FG, World Bank Cancel $717.7 Million Power Sector Loan as Tariff Deficits Worsen

May 26, 2026 0
The Federal Government and the World Bank have agreed to cancel approximately $717.7 million in undisbursed…
investment

VFD Group Eyes Pan-African Expansion After ₦50.67bn Rights Issue Boost

May 26, 2026 0
VFD Group has announced plans to deepen its footprint across Africa as it pursues a carefully…
Business

Nigeria Receives $187.3m US Aid as Washington Tightens Funding Conditions

May 26, 2026 0
Nigeria has received a total of $187.3 million in US foreign assistance in 2026, according to new data published by…
Business

Nigeria Private Sector Credit Declines by N14 Trillion Despite CBN Rate Cut

May 26, 2026 0
Nigeria’s private sector has recorded a sharp contraction in lending, with credit falling by over N14 trillion…
Business

Alaoji Power Plant Restored: NDPHC Revives 450MW Facility Amid Nigeria Electricity…

May 26, 2026 0
Nigeria’s power sector received a major boost as the Niger Delta Power Holding Company (NDPHC) announced the…
Local

Digital Switch-Over: NBC Says N605.2 Trillion Advertising Market Set to Be…

May 26, 2026 0
The National Broadcasting Commission (NBC) has projected that Nigeria’s upcoming Digital Switch-Over (DSO) will…
Technology

Microsoft’s new responsible tech lead on how to humanize high-speed AI development

May 26, 2026 0
Microsoft’s responsible AI development is facing the ultimate test: how to build cutting-edge technology at speed…
Business

South Korea Kospi Hits Record High as Asian Markets Trade Mixed on Iran Peace…

May 26, 2026 0
South Korea’s benchmark Kospi index surged to a fresh record high on Tuesday, leading gains across Asian markets as…
Business

NGX ETF Turnover Drops 31% to N815.90m as Investor Activity Weakens Across Major…

May 26, 2026 0
Trading activity on the Nigerian Exchange (NGX) Exchange Traded Fund (ETF) segment slowed sharply in the week ended…
Business

Capital Markets Urged to Fund Africa’s Creative Economy — Kwairanga Pushes for New…

May 26, 2026 0
African capital markets have been urged to expand their investment focus beyond traditional sectors such as oil,…
Business

Oil Prices Rise as US Strikes in Iran Stall Peace Deal Hopes, Global Stocks Turn…

May 26, 2026 0
Global oil prices climbed on Tuesday while stock markets showed mixed performance, as renewed U.S. military strikes…
Business

UK Exempts Nigeria from Russian Fuel Sanctions Tightening Amid Global Energy Shift

May 26, 2026 0
The United Kingdom has exempted Nigeria from stricter compliance checks under its updated sanctions regime…
Business

Nigeria’s Refinery Struggles Deepen as Fuel Import Bill Hits ₦46.17 Trillion Amid…

May 26, 2026 0
Nigeria’s dependence on imported fuel continues to spark debate as industry experts warn that local refineries are…
Business

CBN Injects N9.71 Trillion Through OMO Bills as Naira Gains N19.67 Against Dollar…

May 26, 2026 0
Nigeria’s foreign exchange market showed signs of renewed stability in April 2026, with the naira appreciating by…
Business

Nigeria, Turkey Seal Mining Partnership to Boost Investment and Solid Minerals…

May 26, 2026 0
Nigeria has taken another step toward attracting foreign investment into its mining industry after signing a…
Business

Dangote faces price war as NNPC backs fuel imports

May 26, 2026 0
Nigeria’s downstream petroleum sector is heading for another major showdown as the Nigerian National Petroleum…
Business

FG Cancels $717.7 Million World Bank Power Loan as Nigeria’s Electricity Crisis…

May 26, 2026 0
Nigeria’s efforts to revive its struggling electricity sector suffered a major setback after the Federal Government…
Business

Foreign Investors, Banks Target Nigerian Insurance Firms as Recapitalisation…

May 25, 2026 0
As Nigeria’s insurance industry races against the clock to meet new capital requirements, foreign investors and…
Business

Nigeria’s Oil Sector Contributes 3.92% to GDP in Q1 2026 Despite Improved Growth…

May 25, 2026 0
Nigeria’s oil sector accounted for 3.92% of the country’s real Gross Domestic Product (GDP) in the first quarter of…
Breaking

Nigeria’s GDP Grows 3.89% in Q1 2026 as Agriculture and Services Power Economic…

May 25, 2026 0
Nigeria’s economy began 2026 on a stronger footing, with the country’s Gross Domestic Product (GDP) expanding by…
Business

NGX Boss Urges CBN to Integrate Capital Market Development into Monetary Policy…

May 25, 2026 0
The Group Managing Director and Chief Executive Officer of the Nigerian Exchange Group (NGX Group), Temi Popoola,…
Business

Naira Weakens to N1,375/$ Amid Rising FX Pressure Despite $48.72bn External…

May 25, 2026 0
The Naira weakened to N1,375.46 per dollar in the official market last week, marking a 0.32% decline as pressure…
Business

Capital market awards spotlight rising investor participation

May 25, 2026 0
Nigeria’s capital market is once again taking centre stage as preparations begin for the second edition of the…
Business

MPC Holds Interest Rate at 26.5% as Inflation Pressures Rise: What It Means for…

May 25, 2026 0
At its 305th meeting, Nigeria’s Monetary Policy Committee (MPC) chose to keep the Monetary Policy Rate (MPR)…
Business

Nigeria’s Economic Pulse: NBS GDP Report, AfDB Meetings, Dangote Refinery IPO and…

May 25, 2026 0
Nigeria and the wider African business landscape are set for a packed week of economic signals and…
Business

Nigerian Stock Market Rally Faces Overbought Signals Despite Strong Valuations and…

May 25, 2026 0
The Nigerian Exchange Group (NGX) is riding one of its strongest bull runs in history, with the All-Share Index…
Business

Oil Prices May Crash as Iran–US Peace Talks Signal Possible Reopening of Strait of…

May 25, 2026 0
Global oil markets may be heading for a major shake-up as renewed Iran–US peace talks raise hopes of reopening the…
Business

Cooking Gas Crisis in Nigeria: Prices Hit ₦1,500/kg as Marketers Warn of Scarcity…

May 25, 2026 0
Nigeria’s cooking gas market is under fresh pressure as marketers raise alarm over worsening scarcity and a sharp…
International

Google Faces AI Security Scrutiny as Experts Warn Businesses Against Emerging…

May 25, 2026 0
As businesses race to adopt artificial intelligence, experts are warning that security can no longer be treated as…
Business

CPPE Defends Dangote Refinery, Rejects Monopoly Claims and Calls for Stronger…

May 25, 2026 0
The Centre for the Promotion of Private Enterprise (CPPE) has rejected allegations that the Dangote Refinery poses…
Older Posts

Recent Posts

NGX Weekly Trade Value Falls 50% to N161.8bn as Investors…

May 25, 2026

Nigeria’s Foreign Reserves Rebound by $551 Million in May,…

May 25, 2026

NNPC Battles Dangote Refinery in Court, Warns Against Fuel…

May 25, 2026

Seplat Energy Targets Expansion, Approves 2025 Dividend Amid…

May 22, 2026
Prev Next 1 of 6,200

NIGERIA

Business

Chinese Investors May Acquire 51% Stake in Port Harcourt and Warri Refineries as Nigeria Eyes NLNG-Style Deal

May 22, 2026
Business

CBN Sells N829.32bn Treasury Bills as Investors Rush Long-Term Papers Amid Strong Demand

May 22, 2026
Business

BUA Cement Declares N338.64bn Dividend as Profit Surges, Targets 23m Tonnes Capacity Expansion

May 22, 2026
Business

Naira Strengthens to ₦1,840/£1 as UK Political Tensions Weigh on Pound Sterling

May 22, 2026
Prev Next 1 of 3,169

World

European Markets Rise as UK Political Uncertainty and…

May 14, 2026

UN Warns Trump Against Iran Strikes as Deadline Nears:…

Apr 7, 2026

Saudi warns of $50 oil if OPEC+ fails to honour cut deal

Oct 3, 2024
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