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Ekemini Uba 5203 posts 0 comments

Technology

Amazon Web Services Faces UAE Cloud Outage After Fire at Data Center

Mar 3, 2026 0
Amazon Web Services Inc. (AWS), the cloud computing arm of Amazon founded by Jeff Bezos, experienced a significant…
Business

United Capital Revenue Soars 35% to N58.55bn as Profitability Strengthens in 2025

Mar 3, 2026 0
United Capital Plc has reported a robust 35 per cent year-on-year growth in revenue, climbing from N43.43bn in 2024…
Business

NGX Group Appoints Olajumoke Olaniyan as Chief Strategy Officer to Drive Market…

Mar 3, 2026 0
The Nigerian Exchange (NGX) Group Plc has announced the appointment of Ms. Olajumoke Olaniyan as its new Group…
Business

Naira Falls to N1,376/$ as Dollar Surges Amid Middle East Tensions

Mar 3, 2026 0
Nigeria’s naira slipped to N1,376 per dollar on Monday, extending its recent volatility as the U.S. dollar…
Business

Nigerian Stocks Rally Amid US-Iran Tensions as Oil Shares Lead Gains

Mar 3, 2026 0
The Nigerian stock market surged on March 2, 2026, shrugging off global concerns over the US-Iran conflict. The…
Business

NGX Surges N1.7tn as Banking, Oil & Gas Stocks Lead Market Rally

Mar 3, 2026 0
Trading on the Nigerian Exchange (NGX) ended Monday on a positive note, with the All-Share Index climbing to…
Technology

NCC Proposes 14-Day Notice Before SIM Deactivation to Protect Nigerian Subscribers

Mar 3, 2026 0
The Nigerian Communications Commission (NCC) has proposed that telecom operators provide subscribers with at least…
Business

Petrol Prices Could Hit ₦1,000/Litre as Dangote Refines Strategy Amid Global Oil…

Mar 3, 2026 0
The price of Premium Motor Spirit (PMS), commonly known as petrol, may soon reach between ₦980 and over ₦1,000 per…
Technology

ChatGPT App Uninstalls Surge 295% Following DoD Deal, Users Shift to Anthropic’s…

Mar 3, 2026 0
U.S. users of ChatGPT’s mobile app reacted sharply to OpenAI’s partnership with the Department of Defense (DoD),…
Business

European Markets Slide as U.S.-Iran Conflict Escalates, Oil Prices Surge

Mar 3, 2026 0
European markets are set to open sharply lower on Tuesday as rising geopolitical tensions in the…
Business

Banks Disburse N36.4tn to Trade Sector as Rate Cut Sparks Fresh Credit…

Mar 3, 2026 0
Nigerian deposit money banks disbursed N36.39 trillion to the Trade and General Commerce sector between January and…
Business

Nigeria’s Net FX Reserves Soar 772% to $34.8 Billion, Signaling Stronger Economic…

Mar 3, 2026 0
Nigeria’s net foreign exchange reserves soared to $34.80 billion at the end of 2025, marking a remarkable 772 per…
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…
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Recent Posts

FG, World Bank Cancel $717.7 Million Power Sector Loan as…

May 26, 2026

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

May 26, 2026

Nigeria Receives $187.3m US Aid as Washington Tightens…

May 26, 2026

Nigeria Private Sector Credit Declines by N14 Trillion…

May 26, 2026
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NIGERIA

Business

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

May 26, 2026
Local

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

May 26, 2026
Business

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

May 26, 2026
Business

Nigeria’s Refinery Struggles Deepen as Fuel Import Bill Hits ₦46.17 Trillion Amid Calls for Local Production Reform

May 26, 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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