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Ekemini Uba 4741 posts 0 comments

Business

CBN Cuts Interest Rate to 26.5% as Disinflation and FX Stability Strengthen…

Mar 3, 2026 0
The Central Bank of Nigeria has reduced its Monetary Policy Rate (MPR) by 50 basis points to 26.5 per cent, marking…
Economy

Nigeria Secures $1.3 Billion Alumina Refinery Deal with AFC to Boost Mining Sector

Mar 2, 2026 0
In a major stride for the country’s mining industry, the Federal Government of Nigeria has signed a $1.3 billion…
Business

Investors Gain N17.5 Trillion in February as Nigerian Stock Market Surges

Mar 2, 2026 0
Investors in Nigeria’s stock market enjoyed a substantial boost in February 2026, with gains totaling N17.5…
Business

Nigeria Spends N6.32 Trillion on Domestic Debt in 9 Months Amid Rising Interest…

Mar 2, 2026 0
The Nigerian federal government spent a staggering N6.32 trillion on domestic debt servicing between January and…
Business

Naira Depreciates to N1,368/$ Following CBN’s 304th MPC Meeting

Mar 2, 2026 0
The naira faced a steady decline throughout the week, closing at N1,368/$ in the official market, following the…
Business

Rising Public Debt Clouds CBN Rate Cut Despite Economic Gains

Mar 2, 2026 0
Economic experts say Nigeria’s recent macroeconomic improvements are being tempered by a rising public debt…
Business

Crude-Backed Loans Tie Up N8.36tn of Nigeria’s 2025 Oil Revenue

Mar 2, 2026 0
Nigeria’s crude oil production in 2025 saw nearly 15% of output effectively pre-committed to servicing crude-backed…
Technology

OpenAI Secures Pentagon AI Deal Amid Controversy, Outlines Safety Safeguards

Mar 2, 2026 0
OpenAI has revealed new details about its recent agreement with the Pentagon, addressing concerns over ethics and…
Business

N5tn Bank Recapitalisation Set to Transform Nigeria’s Financial Sector

Mar 2, 2026 0
Nigeria’s banking sector is poised for a major transformation as the Central Bank of Nigeria (CBN) nears completion…
Business

Nigerian Stock Market Surges with N17.6 Trillion Gain in February 2026

Mar 2, 2026 0
The Nigerian stock market recorded historic growth in February 2026, with investors collectively gaining N17.6…
Business

Dangote Refinery Appoints Stanbic IBTC, Vetiva, and First Capital for…

Mar 2, 2026 0
The Dangote Group has officially appointed Stanbic IBTC Capital, Vetiva Capital Management, and First Capital as…
Business

Oil Prices Surge Toward $80 Amid Middle East Tensions – Global Markets on Edge

Mar 2, 2026 0
Oil prices surged sharply on Monday as escalating military tensions between the United States, Israel, and Iran…
Business

OpenAI and Amazon Launch $50 Billion AI Partnership to Revolutionize Enterprise…

Mar 2, 2026 0
In a move set to reshape the global artificial intelligence landscape, Amazon and OpenAI have unveiled a multi-year…
Business

OPEC+ Raises Oil Production Amid Middle East Tensions, Markets Watch Strait of…

Mar 2, 2026 0
Key members of OPEC+ have announced a higher-than-expected increase in oil production quotas, raising the stakes…
Agriculture

Nigeria’s Agriculture Sector Hits N101.46tn Turnover as Investment Boosts Growth

Mar 2, 2026 0
Nigeria’s agriculture sector achieved a remarkable N101.46tn turnover in 2025, up from N96.46tn in 2024, signaling…
Politics

House of Representatives to Hold Public Hearing on Nigeria Fintech Regulatory…

Mar 2, 2026 0
The Nigerian House of Representatives has announced a public hearing on a bill seeking to establish a fintech…
Technology

Nigeria Must Develop Homegrown AI or Face Stunted Growth, Experts Warn

Mar 2, 2026 0
Nigeria is being urged to go beyond regulating artificial intelligence and actively invest in homegrown AI…
Business

Dangote Port Sparks Nigeria’s Revival as a Global Fuel Exporter

Mar 2, 2026 0
Nigeria’s long-standing paradox of being Africa’s largest crude producer yet a major fuel importer is quietly…
Business

NGX Surges 16.60% in February as Oil & Gas Stocks Lead Broad Market Rally…

Mar 2, 2026 0
The Nigerian stock market delivered a strong performance in February 2026, with the All-Share Index climbing 16.60%…
Business

Global Markets Tumble as U.S.-Israel Strikes on Iran Trigger European Stock Slump

Mar 2, 2026 0
European stock markets are bracing for a sharp downturn at the start of the trading week following major military…
Business

Foreign Transactions on Nigerian Exchange Plunge 75% as Block Trades Disappear

Mar 2, 2026 0
Foreign investor activity on the Nigerian Exchange Limited fell sharply in January 2026, with total foreign…
Business

NGX Loses N1.40tn as Bearish Sentiment Dominates Market

Mar 2, 2026 0
Nigeria’s equities market ended February on a weak note as bearish sentiment swept across the trading floor of the…
Finance

Why the Naira Is Gaining Strength: Understanding the Link Between Bitcoin and…

Feb 26, 2026 0
The Nigerian Naira is showing signs of recovery after years of volatility, with the currency trading around N1,340…
Technology

M-PESA Ethiopia Launches Africa’s First Mobile Money AI Bundle

Feb 26, 2026 0
M-PESA Ethiopia has broken new ground by teaming up with Gebeya Inc. to launch the Dala AI Bundle, making it the…
International

Anthropic Acquires Seattle AI Startup Vercept to Expand Claude AI Capabilities

Feb 26, 2026 0
Anthropic on Wednesday confirmed the acquisition of Vercept, a Seattle-based AI startup known for its cloud-powered…
Business

Dangote Refinery to Supply 65 Million Litres of Petrol Daily, Boosting Nigeria’s…

Feb 26, 2026 0
The Dangote Petroleum Refinery has entered a landmark offtake agreement with 12 major and independent oil marketers…
Business

TotalEnergies Launches 5MW Solar Plant at OML 58 to Boost Nigeria’s Clean Energy…

Feb 26, 2026 0
TotalEnergies Marketing Nigeria Plc has revealed plans to inaugurate a five-megawatt (5MW) solar power plant at OML…
Economy

States Back Executive Order 9, Say Nigeria Could Gain N1.5 Trillion Annually

Feb 26, 2026 0
The Forum of State Commissioners of Finance has expressed strong support for President Bola Tinubu’s Executive…
Business

Puma Shares Rise 6% After Narrower-Than-Expected $422 Million Loss in 2025…

Feb 26, 2026 0
Shares of German sportswear giant Puma rose nearly 6% on Thursday after the company released its full-year 2025…
Business

Dangote Refinery Launches Surfacent Plant to Revolutionize Africa’s Industrial…

Feb 26, 2026 0
Dangote Petroleum Refinery is taking a bold step to transform Africa’s industrial landscape by moving beyond crude…
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FGN Bond Auction: DMO Offers N700bn Securities at N1,000 Per…

Apr 22, 2026

CBN Warns Nigerians Over Rising Cybersecurity Scam Messages…

Apr 22, 2026

Nigeria Tax Reform 2025: Stakeholders Address Key Challenges…

Apr 22, 2026

IMF/World Bank Meetings: Dangote Urges Infrastructure…

Apr 22, 2026
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NIGERIA

Business

DisCos Remit N77.99bn in Q4 2025 as Performance Drops to 91.19% – NERC Report

Apr 22, 2026
Business

Two Decades of Erha Field: How Nigeria’s Deepwater Giant Built Long-Term Value in Oil Production

Apr 22, 2026
Business

Nigerian Stock Market Gains N87 Billion as Dangote Cement Leads Rally in Equities Trading

Apr 22, 2026
Business

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World

UN Warns Trump Against Iran Strikes as Deadline Nears:…

Apr 7, 2026

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Oct 3, 2024

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