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Category: Business

PenCom Launches “Pension Revolution 2.0” to Expand Health Insurance and Secure Retirees’ Dignity in Nigeria
BusinessEconomyLocal

PenCom Launches “Pension Revolution 2.0” to Expand Health Insurance and Secure Retirees’ Dignity in Nigeria

The National Pension Commission (PenCom) has unveiled a bold new initiative dubbed “Pension Revolution 2.0,” aimed at transforming Nigeria’s pension…

byEkeminiSeptember 24, 2025September 24, 2025
Bank of Ghana Cuts Policy Rate to 21.5% as Inflation Eases, MPC Minutes Reveal
BusinessLocalMacroeconomic

Bank of Ghana Cuts Policy Rate to 21.5% as Inflation Eases, MPC Minutes Reveal

The Bank of Ghana has reduced its key lending rate to 21.5 percent, following a 350-basis-point cut approved by four…

byEkeminiSeptember 24, 2025September 24, 2025
Ghana Government Orders Buffer Stock Company to Buy Surplus Grains to Support Farmers and Boost Food Security
AgricultureBusinessLocal

Ghana Government Orders Buffer Stock Company to Buy Surplus Grains to Support Farmers and Boost Food Security

The Government of Ghana has directed the National Food Buffer Stock Company (NAFCO) to begin purchasing surplus grains from farmers…

byEkeminiSeptember 24, 2025September 24, 2025
Bank of Ghana Sets GH¢2 Million Minimum Capital for Digital Credit Providers to Boost Stability and Consumer Protection
BusinessFinanceLocal

Bank of Ghana Sets GH¢2 Million Minimum Capital for Digital Credit Providers to Boost Stability and Consumer Protection

The Bank of Ghana has rolled out new licensing requirements for Digital Credit Service Providers, setting a minimum capital threshold…

byEkeminiSeptember 24, 2025September 24, 2025
Oil Workers’ Unions Reject Nigerian Government’s Plan to Sell NNPCL Assets
BusinessEnergyLocal

Oil Workers’ Unions Reject Nigerian Government’s Plan to Sell NNPCL Assets

Two of Nigeria’s most powerful oil workers’ unions — the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN)…

byEkeminiSeptember 24, 2025September 24, 2025
Infrastructure Expert Urges Nigerian Government to Embrace Innovation for Lasting Roads and Runways
BusinessEconomyLocal

Infrastructure Expert Urges Nigerian Government to Embrace Innovation for Lasting Roads and Runways

Infrastructure specialist Isaac Oyawoye has called on the Federal Government to make massive investments in innovation to tackle Nigeria’s worsening…

byEkeminiSeptember 24, 2025September 24, 2025
CBN Cuts Interest Rate to 27% as OPS Seeks Real Credit Relief for Businesses
BusinessLocalMacroeconomic

CBN Cuts Interest Rate to 27% as OPS Seeks Real Credit Relief for Businesses

The Central Bank of Nigeria (CBN) has lowered its benchmark interest rate to 27 per cent, marking its first cut…

byEkeminiSeptember 24, 2025September 24, 2025
Investors Lose ₦322bn as NGX Slumps for Second Day Amid Weak Sentiment
BusinessLocalMarket

Investors Lose ₦322bn as NGX Slumps for Second Day Amid Weak Sentiment

The Nigerian Exchange (NGX) sustained its bearish run on Tuesday, with investors losing about ₦322 billion in market value as…

byEkeminiSeptember 24, 2025September 24, 2025
Nigerian Stocks Shed ₦220bn as Investors Book Profits Ahead of MPC Rate Decision
BusinessinvestmentLocal

Nigerian Stocks Shed ₦220bn as Investors Book Profits Ahead of MPC Rate Decision

The Nigerian Exchange (NGX) witnessed a sharp pullback on Tuesday, wiping ₦220 billion off its market capitalisation as investors locked…

byEkeminiSeptember 24, 2025September 24, 2025
Champion Breweries Reports 111% Revenue Surge, 692% Profit Growth After Bullet Acquisition
BusinessLocal

Champion Breweries Reports 111% Revenue Surge, 692% Profit Growth After Bullet Acquisition

Champion Breweries Plc has posted a remarkable 111 per cent rise in revenue and a 692 per cent jump in…

byEkeminiSeptember 24, 2025September 24, 2025
14 banks have met capital requirement, says Cardoso
BusinessLocal

14 banks have met capital requirement, says Cardoso

Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says about 14 banks have met the regulatory capital requirements. Cardoso spoke…

byEkeminiSeptember 23, 2025September 24, 2025
BREAKING: CBN cuts interest rate to 27% — first in 2025
BusinessLocal

BREAKING: CBN cuts interest rate to 27% — first in 2025

The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has reduced interest rates from 27.5 percent to…

byEkeminiSeptember 23, 2025September 23, 2025
Chagoury, the Lebanese -Nigerian industrialist
BusinessEconomyInternational

Chagoury, the Lebanese -Nigerian industrialist

Gilbert Ramez Chagoury, a Lebanese-born entrepreneur, has built a remarkable bridge between his hometown of Miziara in Lebanon and his…

byEkeminiSeptember 23, 2025September 23, 2025
CBN MPC Meets to Decide Nigeria’s Interest Rates Amid Easing Inflation and Rising Growth Prospects
BusinessLocalMacroeconomic

CBN MPC Meets to Decide Nigeria’s Interest Rates Amid Easing Inflation and Rising Growth Prospects

The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) is meeting this week to decide on the nation’s benchmark…

byEkeminiSeptember 23, 2025September 23, 2025
Champion Breweries to Raise ₦103 Billion for Bullet Energy Drink Acquisition and Expansion Drive
BusinessLocal

Champion Breweries to Raise ₦103 Billion for Bullet Energy Drink Acquisition and Expansion Drive

Champion Breweries Plc has unveiled an ambitious plan to raise ₦103 billion to finance the acquisition of Bullet Energy Drink…

byEkeminiSeptember 23, 2025September 23, 2025
Nigeria–UAE Non-Oil Trade Hits Record $4.3 Billion, Eyes Deeper Economic Partnership
BusinessInternational

Nigeria–UAE Non-Oil Trade Hits Record $4.3 Billion, Eyes Deeper Economic Partnership

Trade relations between Nigeria and the United Arab Emirates (UAE) reached a historic milestone in 2024, with non-oil commodity exchanges…

byEkeminiSeptember 23, 2025September 23, 2025
GoldBod and GCX Move to Launch Regulated Gold Trading Platform in Ghana
BusinessFinanceinvestmentLocal

GoldBod and GCX Move to Launch Regulated Gold Trading Platform in Ghana

The Ghana Gold Board (GoldBod) and the Ghana Commodity Exchange (GCX) have begun formal talks to introduce a regulated gold…

byEkeminiSeptember 23, 2025September 23, 2025
MTN Nigeria on Track for ₦5 Trillion Revenue as Data Becomes Its New Growth Engine
BusinessLocalTechnology

MTN Nigeria on Track for ₦5 Trillion Revenue as Data Becomes Its New Growth Engine

MTN Nigeria Communications Plc is rewriting the playbook for telecoms in Africa’s largest market. The company posted an eye-catching ₦2.38…

byEkeminiSeptember 23, 2025September 23, 2025
Nigeria’s ICT Sector Sustains Strong Real GDP Growth, Driving Non-Oil Economy in Q2 2025
BusinessLocalTechnology

Nigeria’s ICT Sector Sustains Strong Real GDP Growth, Driving Non-Oil Economy in Q2 2025

Nigeria’s Information and Communication Technology (ICT) sector continued its upward trajectory in the second quarter of 2025, cementing its place…

byEkeminiSeptember 23, 2025September 23, 2025
Haruna Musa on Transforming Jaiz Bank: Driving Innovation, Integrity and the Future of Non-Interest Banking in Nigeria
BankingBusinessLocal

Haruna Musa on Transforming Jaiz Bank: Driving Innovation, Integrity and the Future of Non-Interest Banking in Nigeria

Nigeria’s fast-changing financial sector is under pressure to innovate and rebuild public trust, and Jaiz Bank has emerged as a…

byEkeminiSeptember 23, 2025September 23, 2025
UK and US Launch Joint Taskforce to Ease Capital Market Access and Regulate Digital Assets
BusinessFinanceInternational

UK and US Launch Joint Taskforce to Ease Capital Market Access and Regulate Digital Assets

The United Kingdom and the United States have joined forces to make it easier for businesses to raise funds on…

byEkeminiSeptember 23, 2025September 23, 2025
Nigeria’s Foreign Reserves Surge to $42bn – Six-Year High Boosts Naira Stability and Investor Confidence
BusinessLocalMacroeconomic

Nigeria’s Foreign Reserves Surge to $42bn – Six-Year High Boosts Naira Stability and Investor Confidence

Nigeria’s external reserves have soared past the $42 billion mark for the first time since September 2019, hitting a six-year…

byEkeminiSeptember 23, 2025September 23, 2025
Nigeria SEC Approves Mark-to-Market Valuation for Bonds, Ushers in Transparency Era for Fund Managers
BusinessLocalMarket

Nigeria SEC Approves Mark-to-Market Valuation for Bonds, Ushers in Transparency Era for Fund Managers

The Securities and Exchange Commission (SEC) of Nigeria has approved a landmark reform requiring fund managers to value fixed income…

byEkeminiSeptember 23, 2025September 23, 2025
Canal+ Completes R35 Billion Takeover of MultiChoice to Boost African TV Market
BusinessInternational

Canal+ Completes R35 Billion Takeover of MultiChoice to Boost African TV Market

French media powerhouse Canal+ has officially completed its R35 billion ($2.02 billion) takeover of South Africa’s MultiChoice Group, securing effective…

byEkeminiSeptember 23, 2025September 23, 2025
Nigeria’s GDP Surges 4.32% in Q2 2025 as Oil and Non-Oil Sectors Drive Growth
BusinessLocalMacroeconomic

Nigeria’s GDP Surges 4.32% in Q2 2025 as Oil and Non-Oil Sectors Drive Growth

Nigeria’s economy has demonstrated strong resilience in the second quarter of 2025, with Gross Domestic Product (GDP) growing by 4.32%…

byEkeminiSeptember 22, 2025September 22, 2025
NNPC, PETROAN Push for Technical and Equity Partnership to Revive Port Harcourt Refinery
BusinessEnergyLocal

NNPC, PETROAN Push for Technical and Equity Partnership to Revive Port Harcourt Refinery

Oil marketers under the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) have called on the Federal Government to…

byEkeminiSeptember 22, 2025September 22, 2025
NES #31 to Spotlight Investment Opportunities Amid Global Trade Shifts in Nigeria
BusinessLocal

NES #31 to Spotlight Investment Opportunities Amid Global Trade Shifts in Nigeria

As Nigeria gears up for the 31st Nigerian Economic Summit (NES #31) from October 6–8, 2025, the spotlight is on…

byEkeminiSeptember 22, 2025September 22, 2025
Nigeria’s E-Commerce Market Set to Surpass $16 Billion by 2030, Fueled by Jumia, Konga, and Digital Innovation
BusinessFinanceLocal

Nigeria’s E-Commerce Market Set to Surpass $16 Billion by 2030, Fueled by Jumia, Konga, and Digital Innovation

Nigeria’s e-commerce market is on a steep growth trajectory, projected to exceed $16 billion by 2030, according to the Lagos…

byEkeminiSeptember 22, 2025September 22, 2025
CBN Mandates Early CEO Approvals for Systemically Important Banks to Strengthen Governance and Stability
BankingBusinessLocal

CBN Mandates Early CEO Approvals for Systemically Important Banks to Strengthen Governance and Stability

The Central Bank of Nigeria (CBN) has introduced a landmark directive aimed at fortifying governance and stability in the country’s…

byEkeminiSeptember 22, 2025September 22, 2025
FG Revokes 1,263 Mineral Licenses to Boost Compliance and Attract Genuine Investors
BusinessLocal

FG Revokes 1,263 Mineral Licenses to Boost Compliance and Attract Genuine Investors

The Federal Government has revoked 1,263 mineral licenses across Nigeria in a major crackdown on non-compliant operators in the solid…

byEkeminiSeptember 22, 2025September 22, 2025

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