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Ekemini Uba 5382 posts 0 comments

Finance

Nigeria Debt Hits N91.99 Trillion as Investors Brace for Higher Interest Rates

Nov 11, 2025 0
Nigeria’s total debt surged to N91.99 trillion last week as investors sold off bonds and Treasury bills in…
Business

Tinubu Orders Siemens Energy to Upgrade Major Power Substations to Three Phases

Nov 11, 2025 0
President Bola Tinubu has directed Siemens Energy to expand Nigeria’s major power substations from two to three…
Business

LemFi Esewa Remittance Partnership Approved by Nepal Central Bank to Boost Money…

Nov 11, 2025 0
LemFi, through RightCard Payment Services Limited, has secured approval from Nepal Rastra Bank, the Central Bank of…
Business

Nigeria Crude Oil Earnings Drop by N824.66 Billion in 2024 Despite Revenue Growth

Nov 11, 2025 0
Nigeria’s crude oil and gas sector experienced a significant decline in profitability in 2024, with gross earnings…
Local

AI in Africa: How Kora’s Sundown Sessions is Shaping the Continent’s Digital…

Nov 11, 2025 0
Lagos recently played host to a landmark event that is sparking conversations about Africa’s digital future. Kora,…
Technology

French Tech Startups Raise €6 Billion in 2025 Amid Growing Global Innovation

Nov 11, 2025 0
French tech startups have achieved a remarkable milestone in 2025, raising €6 billion from January to September,…
Business

Nigerian Stocks Fall as Profit-Taking Wipes Out ₦471.99bn — NGX Opens Week on…

Nov 11, 2025 0
The Nigerian stock market opened the week on a bearish note, with the Nigerian Exchange Limited (NGX) recording a…
Business

European Stocks Rise as U.S. Government Shutdown Nears Resolution

Nov 11, 2025 0
European markets opened higher on Tuesday as hopes grew that the prolonged U.S. government shutdown could soon be…
Business

Crucial Things to Consider When Buying Shares in Nigeria’s Stock Market

Nov 11, 2025 0
Investing in stocks remains one of the most powerful ways to build wealth, but it requires strategy, discipline,…
Business

Dangote Refinery’s Price Slash May End Petrol Imports in Nigeria as Marketers…

Nov 11, 2025 0
Nigeria’s petroleum market is bracing for a major shift as marketers consider halting petrol imports following a…
Business

Nigerian Banks Earn Record N14.7tn Interest Income in Nine Months Amid High-Rate…

Nov 11, 2025 0
Nine of Nigeria’s biggest banks collectively earned a staggering ₦14.7 trillion in interest income between January…
Business

Lagos State Launches N214.8bn Bond to Fund Infrastructure and Green Projects

Nov 10, 2025 0
Lagos State has officially launched a dual bond offering worth N214.8 billion, marking its largest capital market…
Business

European Markets Rally as U.S. Government Shutdown Hopes Boost Investor Confidence

Nov 10, 2025 0
European markets opened sharply higher on Monday, driven by growing optimism that a U.S. government shutdown could…
Business

Nigeria Seeks $500 Million World Bank Loan to Boost MSME Financing

Nov 10, 2025 0
The Federal Government of Nigeria has formally requested a $500 million loan from the World Bank to improve…
Business

Dollar Inflows Into Nigeria Jump 62% in October, Boosting Investor Confidence

Nov 10, 2025 0
Nigeria’s foreign exchange market recorded a major rebound in October as total dollar inflows into Nigeria climbed…
Local

Nigeria, IMF Strengthen Partnership on Economic Reforms and 2026–2030 Growth Plan

Nov 10, 2025 0
Nigeria has reaffirmed its commitment to evidence-based policymaking and inclusive economic transformation as the…
Business

Nigeria’s Crude Oil Earnings Plunge 43% Despite Production Rebound

Nov 10, 2025 0
Nigeria’s crude oil and gas profits dropped sharply by 43 per cent in 2024, falling to ₦1.08 trillion from ₦1.9…
Business

HEDA Urges Tinubu to Suspend 15% Fuel Import Tariff Amid Worsening Economic…

Nov 10, 2025 0
The Human and Environmental Development Agenda (HEDA Resource Centre) has urged President Bola Ahmed Tinubu to…
International

Meta Earns $7 Billion Annually from Scam Ads, Internal Report Reveals

Nov 10, 2025 0
Meta Platforms Inc., the parent company of Facebook, Instagram, and WhatsApp, is under fire following revelations…
Technology

OpenAI Urges Expansion of Chips Act Tax Credit to Support AI Data Centers

Nov 10, 2025 0
OpenAI is pushing the federal government to expand the Chips Act’s tax incentives beyond semiconductor…
Business

Nigeria’s Crude Oil Earnings Plummet 43% Despite Rising Production in 2024

Nov 10, 2025 0
Nigeria’s earnings from crude oil and gas sales plunged by 43% in 2024, even as production increased, highlighting…
International

Dollar Weakens on Hopes of U.S. Government Shutdown Ending Soon

Nov 10, 2025 0
The U.S. dollar weakened on Monday as investor optimism grew over a potential end to the prolonged government…
Business

FG Exceeds 2025 Borrowing Target by 55.6%, Raising Debt Sustainability Concerns

Nov 10, 2025 0
The Federal Government of Nigeria has borrowed N17.36 trillion from domestic and foreign sources in the first ten…
Business

Nigeria, IMF Strengthen Partnership on 2026–2030 Economic Reforms

Nov 10, 2025 0
Nigeria is intensifying its collaboration with the International Monetary Fund (IMF) as it charts a course for…
Business

National Payment Stack Executes First Bank-Fintech Transaction in Nigeria

Nov 10, 2025 0
The National Payment Stack (NPS) has achieved a major milestone in Nigeria’s digital finance landscape by…
Business

Dangote and Fuel Depots Slash Petrol Prices in Fresh Market Battle

Nov 10, 2025 0
Nigeria’s downstream fuel market is witnessing a fresh price war as Dangote Refinery and private depot operators…
Business

ABCON Calls on CBN to Empower BDCs, Boost Forex Inflows and Stabilise Naira

Nov 10, 2025 0
The Association of Bureau De Change Operators of Nigeria (ABCON) has urged the Central Bank of Nigeria (CBN) to…
Local

Capital Gains Tax Hike Sparks Investor Sell-Off Fears in Nigeria Ahead of 2026…

Nov 10, 2025 0
Nigeria’s newly introduced Capital Gains Tax (CGT), set to take effect on January 1, 2026, has sparked concerns…
Business

Inflation and Rising Costs Threaten Nigeria’s Industrial Growth, CANMPEF Warns

Nov 10, 2025 0
The Chemical and Non-Metallic Products Employers Federation (CANMPEF) has raised fresh concerns over the worsening…
Business

Nigerian Stock Market Remains Cautious After ₦2.83 Trillion Loss as Investors…

Nov 10, 2025 0
After a sharp ₦2.83 trillion loss last week, the Nigerian stock market is expected to trade cautiously this week as…
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NIGERIA

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World

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