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  • Ekemini Uba

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Ekemini Uba 5469 posts 0 comments

Business

Petrol Imports Surge 59.5% in May as Nigeria Balances Local Refining Growth and…

Jun 18, 2026 0
Nigeria’s petrol imports recorded a surprising rebound in May 2026, climbing by 59.5% compared to April despite…
Business

Stock Futures Rebound After Fed Shock Sell-Off as Intel Surges on Apple Chip Deal…

Jun 18, 2026 0
U.S. stock futures moved higher on Thursday as Wall Street attempted to recover from a sharp sell-off triggered by…
investment

Nigeria Secures $3bn Solid Minerals Investment Inflow as Mining Reforms Boost…

Jun 18, 2026 0
Nigeria’s solid minerals sector has recorded a major boost, attracting about $3bn in investment inflows within the…
Finance

Nigeria’s Foreign Reserves Surge Past $50bn, Add $1.01bn in Two Weeks Amid FX…

Jun 18, 2026 0
Nigeria’s foreign exchange reserves have crossed a major psychological milestone, rising above $50 billion after…
Technology

Anthropic Joins Frontier Carbon Removal Coalition in Landmark $915M Climate…

Jun 18, 2026 0
Anthropic has officially become the first artificial intelligence startup to join Frontier, a leading carbon…
Technology

AI Will Cause Labour Shortage, Not Job Losses – Jeff Bezos Says Amid Growing AI…

Jun 18, 2026 0
Amazon founder Jeff Bezos has pushed back against rising global fears that artificial intelligence will wipe out…
Business

Afreximbank Urges Nigeria, Others to Boost Intra-African Trade to Shield Economy…

Jun 18, 2026 0
The African Export-Import Bank (Afreximbank) has called on Nigeria and other African countries to urgently deepen…
Business

Nigeria’s Oil Boom Pushes Current Account Surplus to $4.98bn in Q1 2026

Jun 18, 2026 0
In a major boost to Nigeria’s external position, the country recorded a current account surplus of $4.98bn in the…
Technology

Starlink Dominates African Internet Speeds in 22 Markets, Redefining Connectivity…

Jun 18, 2026 0
Starlink, the satellite internet service operated by SpaceX founded by Elon Musk, has emerged as the fastest…
Business

Oil Prices Crash by Over $7 Per Barrel as Brent Drops Below $80 Amid Global Easing…

Jun 18, 2026 0
Global oil markets experienced a sharp downturn this week as crude prices fell by more than $7 per barrel, marking…
Business

Nigerian Stocks Pull Back After 55% Rally as NGX Enters Healthy Consolidation…

Jun 18, 2026 0
After a powerful run that saw Nigerian equities surge more than 55% in just six months, the market has…
Business

DMO Raises N1.49 Trillion in Treasury Bills Auction as Investors Flood Market Amid…

Jun 18, 2026 0
Nigeria’s financial market recorded a major boost as the Debt Management Office (DMO) successfully raised N1.49…
Business

33% Interest Rate Crisis Threatens Nigeria’s $1tr Economy Ambition, Telcos Warn

Jun 18, 2026 0
Nigeria’s telecommunications industry is under severe financial pressure as operators warn that Nigeria’s 33 per…
Business

Agro-Allied Stocks Deliver 1,656% Rally as Presco, Okomu, FTN Cocoa Drive NGX…

Jun 18, 2026 0
Three agro-processing stocks listed on the Nigerian Exchange (NGX) have turned into some of the market’s biggest…
Business

Foreign Investors Pour $3.3bn into Nigerian Bonds Amid Rising Yields and Strong…

Jun 18, 2026 0
Foreign investors injected $3.23bn into Nigerian bonds in the first quarter of 2026, underscoring growing…
Business

Nigeria Rules Out New Taxes on Fuel and Telecom Services Amid IMF Report Backlash

Jun 18, 2026 0
The Federal Government has firmly dismissed reports suggesting that new taxes could soon be introduced on…
Technology

Google Gemini Co-Lead Noam Shazeer Joins OpenAI in Major AI Talent Shake-Up

Jun 18, 2026 0
Google's artificial intelligence ambitions have suffered a notable setback after Noam Shazeer, one of the key…
Business

Dangote Refinery Slashes Diesel and Jet Fuel Prices as Falling Crude Oil Costs…

Jun 18, 2026 0
The Dangote Petroleum Refinery has announced another round of fuel price reductions, cutting the gantry prices of…
Business

Naira Falls to N1,361.5/$ as FX Market Turnover Plunges 57% Despite Rising…

Jun 18, 2026 0
The Nigerian naira weakened slightly against the US dollar on Wednesday, closing at N1,361.5/$ in the Nigerian…
Business

CBN HoldCo Rules: How a Chapel Hill White Paper May Have Inspired Nigeria’s…

Jun 18, 2026 0
The Central Bank of Nigeria’s proposed Financial Holding Company (HoldCo) regulations have triggered intense debate…
Business

Dangote’s $7bn Fertiliser Expansion Gets AFC Backing to Build Global Production…

Jun 17, 2026 0
Africa’s richest man, Aliko Dangote, has secured strong financial backing from the Africa Finance Corporation (AFC)…
Business

FG Rules Out New Fuel and Telecom Taxes Amid IMF Recommendations Debate

Jun 17, 2026 0
The Federal Government has moved to calm public concerns by ruling out any immediate plans to introduce new taxes…
Business

NGX Chairman Courts Middle East Investors Ahead of Dangote Refinery IPO in…

Jun 17, 2026 0
The Group Chairman of the Nigerian Exchange Group (NGX Group), Umaru Kwairanga, is intensifying efforts to attract…
Business

FG Unveils Ward-Based Growth Strategy to Strengthen Economy Under Renewed Hope…

Jun 17, 2026 0
The Federal Government has unveiled a fresh development blueprint aimed at strengthening Nigeria’s economy through…
Business

Banking Stocks Drag NGX Lower as GTCO, Zenith, UBA Trigger ₦782bn Market Loss

Jun 17, 2026 0
The Nigerian equities market closed in the red on Tuesday, June 16, 2026, as heavy selloffs in major banking stocks…
Business

NGX Eyes Mega Dangote Refinery IPO as Investor Demand Tops $2 Billion

Jun 17, 2026 0
The Nigerian Exchange Group (NGX Group) has announced it is actively preparing for the highly anticipated initial…
Business

S&P 500 Futures Edge Higher as Investors Await Fed Decision, SpaceX Extends…

Jun 17, 2026 0
U.S. stock futures traded cautiously higher on Wednesday as investors turned their attention to the Federal…
Business

UAE Reaffirms Long-Term Investment Commitment to Nigeria as Trade Ties Deepen

Jun 17, 2026 0
The United Arab Emirates has reaffirmed its commitment to long-term investments in Nigeria, underscoring the…
Business

FG Releases Just 4.9% of N54.93tn Road Budget as Funding Gaps Threaten Key Highway…

Jun 17, 2026 0
Despite allocating a massive N54.93 trillion for road construction, rehabilitation and maintenance projects between…
Business

Petrol Price May Fall to N1,200 as Dangote Refinery Slashes Rates Amid Global Oil…

Jun 17, 2026 0
Nigeria may soon witness a fresh reduction in petrol prices, with marketers projecting that pump prices could fall…
Older Posts

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NIGERIA

Business

Tariff Hike Drives N4 Trillion Telecom Investment Inflow in Nigeria as NCC Reviews Mobile Termination Rates

Jun 17, 2026
Business

CBN offers N450 billion Treasury Bills for auction on Wednesday, June 17

Jun 17, 2026
Business

Nigeria External Reserves Rise by $1.01bn in Two Weeks, Cross $50bn as Investor Confidence Strengthens

Jun 17, 2026
Business

Foreign Investors Pour $3.3bn Into Nigerian Bonds as High Yields Drive Confidence Surge

Jun 17, 2026
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World

European Markets Rise as UK Political Uncertainty and…

May 14, 2026

UN Warns Trump Against Iran Strikes as Deadline Nears:…

Apr 7, 2026

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