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Ekemini Uba 5203 posts 0 comments

Business

NNPC Remittance to FAAC Plunges 86%, Deepening Nigeria’s Oil Revenue Crisis

Feb 3, 2026 0
Nigeria’s oil revenue experienced a dramatic decline in 2025 as the Nigerian National Petroleum Company (NNPC)…
Business

Nigeria’s Refiners Struggle Amid Crude Shortages Despite 306 Million Barrels…

Feb 3, 2026 0
Local oil refiners in Nigeria continue to grapple with persistent crude shortages, even as the country exported an…
Business

Lokpobiri: Only Foreign Firms Can Handle Offshore Exploration in Nigeria

Feb 3, 2026 0
Nigeria’s Minister of State for Petroleum Resources, Heineken Lokpobiri, has stated that local companies currently…
investment

Regulatory Gaps Driving Away African Energy Investors, Warns NUPRC Boss

Feb 3, 2026 0
Regulatory inconsistencies across African countries are threatening to scare off energy investors, the Chief…
Business

CBN Report Reveals Sharp Divide in Nigeria’s Fintech Industry Over Regulatory…

Feb 3, 2026 0
Nigeria’s fintech ecosystem is split down the middle on how supportive the country’s regulatory framework really…
Business

European Stocks Rise as Markets Stabilize After Historic Global Sell-Off

Feb 3, 2026 0
European stocks opened higher on Tuesday as global markets showed signs of calm following a brief but historic…
Business

Nigerian Engineers Prove Global Capability with Egina, Ikike Projects –…

Feb 3, 2026 0
Nigeria’s Egina deepwater and Ikike shallow-water oil projects have emerged as strong evidence that Nigerian…
Business

Naira Ends January Stronger at ₦1,386/$ in Official Market as FX Stability…

Feb 3, 2026 0
The naira closed the month of January 2026 on a positive note, strengthening against the United States dollar in…
Banking

Profit Up 29%, Rating Down to Junk: The Afreximbank Paradox

Feb 2, 2026 0
Africa’s largest trade finance institution, Afreximbank, is in the spotlight after Fitch Ratings downgraded the…
Business

Nigeria Oil Exports to Drop as Bonga FPSO Undergoes Scheduled Maintenance

Feb 2, 2026 0
Nigeria’s oil exports will decline sharply in February as production from the Bonga Floating Production Storage and…
Business

Nigeria’s Big 10 Stockbrokers Dominate NGX Trading With ₦7.4 Trillion Deals in…

Feb 2, 2026 0
In the fast-moving corridors of the Nigerian Exchange Limited (NGX), power in 2025 was anything but evenly spread.…
Business

Onitsha Main Market Reopens as Sit-at-Home Falters Under Soludo’s Directive

Feb 2, 2026 0
Economic activity returned to life at the Onitsha Main Market on Monday as traders reopened their shops,…
Business

CBN Tightens Liquidity, Withdraws N15 Trillion from Nigeria’s Financial System in…

Feb 2, 2026 0
Nigeria’s financial system faced intense liquidity pressure in January as the Central Bank of Nigeria (CBN)…
Technology

Telecoms Sector Expands with 2,850 New Sites and $1bn Investment in Q4 2025 – NCC…

Feb 2, 2026 0
The Nigerian Communications Commission (NCC) has revealed significant progress in the nation’s telecoms sector,…
Technology

Nvidia CEO Denies OpenAI Investment Stall Amid $100B Partnership Talks

Feb 2, 2026 0
Nvidia CEO Jensen Huang has dismissed reports suggesting tension between his company and OpenAI, calling them…
Technology

Africa’s AI Drive Must Prioritize Human Factors, Expert Warns

Feb 2, 2026 0
Africa’s push to adopt artificial intelligence (AI) risks falling short if governments continue to focus solely on…
Business

NNPC Unveils Gas Master Plan 2026, Targets 20 Million LPG Cylinders by 2030

Feb 2, 2026 0
The Nigerian National Petroleum Company Limited (NNPC Ltd) has officially unveiled its Gas Master Plan (GMP) 2026,…
Business

Nigerian Manufacturers Face 21% Surge in Energy and Raw Materials Costs

Feb 2, 2026 0
Eight major Nigerian manufacturing firms spent a combined N1.01 trillion on energy and raw materials in the nine…
Business

Global Stocks, Oil, and Precious Metals Plunge Amid Tech Fears and Market…

Feb 2, 2026 0
Global financial markets opened the week on a turbulent note as stocks, oil, and precious metals plunged, extending…
Business

Bitcoin Falls Below $84,000 as $1 Billion ETF Outflows Shake Crypto Market

Feb 2, 2026 0
Bitcoin tumbled below the key $84,000 support level, hitting around $82,600, as massive outflows from…
Business

Nigeria Removed from EU High-Risk List After Major Financial Reforms

Feb 2, 2026 0
Nigeria has officially been removed from the European Union’s high-risk list for money laundering and terrorism…
Local

FG Disburses N2.45 Trillion to States for Infrastructure and Security Projects

Feb 2, 2026 0
The Federal Government (FG) has disbursed a total of N2.45 trillion to Nigeria’s 36 states and the Federal Capital…
Business

European Stocks Slide as Precious Metals Crash Hits Mining and Tech Sectors

Feb 2, 2026 0
European stocks opened the week on a sour note, as investors reacted to volatility in precious metals and growing…
Business

UACN’s Acquisition of CHI Limited: A Strategic Gamechanger in 2025 Results

Feb 2, 2026 0
UAC Nigeria PLC (UACN) has unveiled its 2025 financial results, revealing a mixed performance that caught many…
Business

NGX All-Share Index Falls 0.09% as Trading Activity Dips Amid Market Shifts

Feb 2, 2026 0
The Nigerian Exchange Limited (NGX) All-Share Index slipped 0.09% last week, closing at 165,370.40 points. Despite…
Business

US-Nigeria Investment Partnership Launched to Boost Trade and Private-Sector…

Feb 2, 2026 0
The United States and Nigeria have officially launched the US-Nigeria Commercial and Investment Partnership (CIP),…
Business

Nigeria’s Crude Exports to Drop 225,000 BPD as Shell Shuts Bonga FPSO for…

Feb 2, 2026 0
Nigeria’s crude oil exports are set to decline by about 225,000 barrels per day this February due to the planned…
Business

Bank Stocks Drag NGX Lower Despite Fresh Listings Boosting Market Capitalisation

Feb 2, 2026 0
The Nigerian Exchange (NGX) ended the week on a subdued note as sustained selling pressure in banking stocks…
Business

Oil Cash, Foreign Inflows Lift Nigeria’s External Reserves by $66m as Naira Hits…

Feb 2, 2026 0
Nigeria’s external reserves recorded a modest rebound in January, rising by $66 million as stronger oil prices and…
Business

VDL Technologies Sets Sights on Africa, Europe Expansion Amid Nigeria’s Economic…

Feb 2, 2026 0
VDL Technologies has unveiled plans to expand its operations across Africa and Europe as it looks to scale beyond…
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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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