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Ekemini Uba 5223 posts 0 comments

Banking

NRS: VAT on bank charges NOT introduced by new tax laws

Jan 16, 2026 0
The Nigeria Revenue Service (NRS) says value-added tax (VAT) on bank services charges was not introduced by the new…
Local

FG Explains N152 Trillion Public Debt, Says Rise Not Due to New Borrowing

Jan 16, 2026 0
The Federal Government has clarified that Nigeria’s public debt, which now stands at N152 trillion, is largely due…
investment

Nestle Stock Gains 10% as Nigerian All-Share Index Pauses Nine-Day Rally

Jan 16, 2026 0
The Nigerian stock market paused its recent bullish momentum on January 15, 2026, as the All-Share Index (ASI) fell…
Business

BREAKING: SEC raises capital requirements for brokers, fund managers, digital…

Jan 16, 2026 0
Nigeria’s Securities and Exchange Commission (SEC) has unveiled a major overhaul of capital requirements for…
Business

Nigeria Imports 1.3 Billion Litres of Petrol Despite Growing Local Refining

Jan 16, 2026 0
Nigeria imported approximately 1.31 billion litres of petrol in December 2025, even as local refining capacity…
Business

20 Nigerian Banks Meet Recapitalisation Deadline as CBN Pushes for Productive…

Jan 16, 2026 0
About 20 deposit money banks in Nigeria have met the Central Bank of Nigeria’s (CBN) new capital requirements under…
Business

US Market Rally Set to Broaden Beyond Tech as Investors Rotate Into New Sectors

Jan 16, 2026 0
The long-running US stock market rally, powered largely by technology giants, may be entering a new phase as…
Business

Nigeria–China Crude Oil Trade Poised for Growth as Venezuela Supplies Slump

Jan 16, 2026 0
Nigeria’s crude oil trade with China is expected to expand following a sharp decline in Venezuela’s oil exports to…
Local

Nigeria’s Inflation Rises to 15.15% in December 2025 as Food Prices Ease

Jan 16, 2026 0
Nigeria’s headline inflation rate climbed to 15.15 per cent in December 2025, according to the latest Consumer…
Business

Dangote Refinery Ensures Fuel Price Stability as Expansion Plan Targets 1.4…

Jan 15, 2026 0
Dangote Refinery has hit a major milestone, producing 50 million litres of Premium Motor Spirit (PMS) daily,…
Business

SEC Joins Forces with Nigeria Police to Tackle Ponzi Schemes and Crypto Fraud

Jan 15, 2026 0
In a decisive move to protect Nigerian investors, the Securities and Exchange Commission (SEC) has officially…
Business

UBA Share Listing: NGX Confirms 3.16 Billion New Shares Following Rights Issue

Jan 15, 2026 0
The Nigerian Exchange Regulation (NGX RegCo) has officially confirmed the listing of 3.16 billion additional…
International

AI Breakthrough in High-Level Math: GPT 5.2 Solves Legendary Erdős Problems

Jan 15, 2026 0
Over the weekend, software engineer and former quant researcher Neel Somani made a surprising discovery while…
Business

NUPRC Launches 90-Day Plan to Boost Nigeria’s Oil Output with Faster Approvals

Jan 15, 2026 0
Nigeria’s upstream oil sector is set for a major shake-up as the Nigerian Upstream Petroleum Regulatory Commission…
Business

Heirs Energies Acquires 20% Stake in Seplat in $500 Million Deal

Jan 15, 2026 0
Heirs Energies Limited, the energy investment firm chaired by business mogul Tony Elumelu, has finalized a major…
Business

Nigerian Manufacturers Aim for 10.2% GDP Contribution in 2026 Amid Policy Optimism

Jan 15, 2026 0
Nigerian manufacturers are entering 2026 with renewed optimism, aiming to boost their sector’s contribution to the…
Business

European AI Chip Stocks Surge as TSMC Posts Record Q4 Profit; ASML Shares Jump 7%

Jan 15, 2026 0
European AI chip stocks led a rally on Thursday, with investors reacting positively to record earnings from Taiwan…
Business

Champion Breweries Redeems N4.21bn Commercial Paper, Strengthening Investor…

Jan 15, 2026 0
Champion Breweries Plc has successfully redeemed its N4.21bn Series 1 Commercial Paper (CP) notes at maturity, part…
Business

Nigeria Eyes Interest Rate Cuts as Inflation Eases, Offering Relief to Strained…

Jan 15, 2026 0
Nigeria could soon see relief for its heavily burdened public finances as Finance Minister and Coordinating…
Business

NGX Market Surges N598bn as Investor Optimism Drives Equities Rally

Jan 15, 2026 0
The Nigerian Exchange Limited (NGX) experienced a significant surge on Wednesday, with total market capitalisation…
Business

Swiss Competition Authority Investigates Microsoft Licensing Fee Hikes

Jan 15, 2026 0
Switzerland's competition watchdog has launched a preliminary probe into Microsoft’s licensing fees, following a…
Business

Nigeria on Fastest Growth Track in a Decade, Says World Bank

Jan 15, 2026 0
Nigeria is poised for its fastest economic growth in more than ten years, according to the World Bank. The global…
Local

Nigeria Allocates N34.6 Billion to Communications Ministry Amid Criticism Over…

Jan 15, 2026 0
The Federal Government has earmarked a staggering N34.6 billion for research and development under the Ministry of…
Business

Dangote Refinery Launches 24-Hour Petrol Loading to Strengthen Nigeria’s Fuel…

Jan 15, 2026 0
The Dangote Petroleum Refinery has officially launched 24-hour petrol loading operations, marking a significant…
Banking

FG Orders Banks, Fintechs to Remit 7.5% VAT on Electronic Banking Service Fees…

Jan 15, 2026 0
The Federal Government has directed all banks and fintech companies operating in Nigeria to begin collecting and…
Business

NGX Lists 3.16 Billion UBA Shares, Boosting Market Liquidity and Capital Base

Jan 15, 2026 0
The Nigerian Exchange Limited (NGX) has officially listed an additional 3.16 billion ordinary shares of United Bank…
Business

European Markets Set for Higher Open as Greenland Tensions and Iran Developments…

Jan 15, 2026 0
European markets are expected to open broadly higher on Thursday as investors weigh escalating geopolitical…
Business

Petrol Price Hike Looms in Nigeria as Global Crude Oil Crosses $66 per Barrel

Jan 15, 2026 0
Nigeria could be heading for another round of fuel price increases as global crude oil prices climbed above $66 per…
Business

Africa Startup Funding 2025 Surges: Local Investors and Strong Fundamentals Drive…

Jan 14, 2026 0
Africa’s startup ecosystem staged a strong comeback in 2025, ending a two-year slump as total funding climbed to…
Technology

Apple launches ‘Creator Studio’ bundle of apps for $12.99 per month

Jan 14, 2026 0
Apple has unveiled a new subscription bundle called Creator Studio, designed to give creators seamless access to…
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Recent Posts

Nvidia Partners Unitree to Power Next-Gen Humanoid Robots as…

Jun 1, 2026

AI Psychosis Debate Heats Up as Tech CEOs, Google, and…

Jun 1, 2026

Nigeria’s Crude Oil Sector Grows 16.4% Despite Falling…

Jun 1, 2026

NNPC Profit Soars to N481bn as Revenue Hits N4.97tn in April…

Jun 1, 2026
Prev Next 1 of 6,205

NIGERIA

Business

Nigeria External Reserves Hit $49.26bn as Naira Gains Stability Near $50bn Milestone

Jun 1, 2026
Business

CBN Extends PoS Geo-Fencing Enforcement Deadline to July 31, 2026 Amid Compliance Push

Jun 1, 2026
Macroeconomic

Tinubu’s Economic Reforms Stabilise Nigeria’s Economy, But Welfare Gains Still Lag – CPPE

Jun 1, 2026
Business

NGX Stock Market Turnover Drops 31% to N111bn Amid Holiday-Shortened Trading Week

Jun 1, 2026
Prev Next 1 of 3,171

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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