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Category: Local

Nigerian Breweries Appoints Emmanuel Oriakhi as Sales Director to Lead Growth and Innovation
BusinessLocal

Nigerian Breweries Appoints Emmanuel Oriakhi as Sales Director to Lead Growth and Innovation

Nigerian Breweries Plc has officially appointed Emmanuel Oriakhi as its new sales director, effective March 24, 2025. This announcement was…

byEkeminiMay 21, 2025May 21, 2025
BoG’s MPC Convenes 124th Meeting Amid Cedi Stability and Inflation Watch_Ghana
FinanceLocalMacroeconomic

BoG’s MPC Convenes 124th Meeting Amid Cedi Stability and Inflation Watch_Ghana

The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has commenced its 124th meeting to evaluate the country’s…

byEkeminiMay 21, 2025May 21, 2025
Naira Strengthens Amid FX Reforms as CBN Marks Monetary Policy Milestone
FinanceLocalMacroeconomic

Naira Strengthens Amid FX Reforms as CBN Marks Monetary Policy Milestone

The naira showed modest gains in both the official and parallel foreign exchange markets on Tuesday, appreciating to N1,625/$1 in…

byEkeminiMay 21, 2025May 21, 2025
Nigerian Tech Startups Defy Economic Storms to Post Seven-Fold Growth
BusinessinvestmentLocalTechnology

Nigerian Tech Startups Defy Economic Storms to Post Seven-Fold Growth

Despite facing one of the toughest economic periods in recent Nigerian history, seven tech companies have recorded a remarkable 621.53%…

byEkeminiMay 21, 2025May 21, 2025
Mahama Urges Value Chain Investment for Inclusive Growth at Ghana-EU Forum
AgricultureinvestmentLocal

Mahama Urges Value Chain Investment for Inclusive Growth at Ghana-EU Forum

President John Dramani Mahama opened the 3rd Ghana-EU Business Forum in Accra with a strong call to action for donors,…

byEkeminiMay 21, 2025May 21, 2025
Cardoso: Stronger Naira Set to Boost Nigeria’s Non-Oil Exports and Attract Investment
BusinessinvestmentLocalTrade

Cardoso: Stronger Naira Set to Boost Nigeria’s Non-Oil Exports and Attract Investment

The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has stated that recent monetary reforms have made the…

byEkeminiMay 21, 2025May 21, 2025
Nigerians Spend ₦5.3 Trillion on Telecom Services in 2023
BusinessLocalTechnology

Nigerians Spend ₦5.3 Trillion on Telecom Services in 2023

In 2023, Nigerians spent an estimated ₦5.3 trillion on telecommunications services, covering voice calls, data usage, SMS, and other related…

byEkeminiMay 21, 2025May 21, 2025
MPC Holds Interest Rate at 27.5% as CBN Seeks Fiscal Support for Naira Stability
BankinginvestmentLocal

MPC Holds Interest Rate at 27.5% as CBN Seeks Fiscal Support for Naira Stability

The Central Bank of Nigeria (CBN), at its 300th Monetary Policy Committee (MPC) meeting, opted to retain the benchmark interest…

byEkeminiMay 21, 2025May 21, 2025
Resilient Revenue: Seplat, MTN, and 19 Other Firms Generate N6.4 Trillion in Q1 2025 Despite Economic Turmoil
BusinessLocalStock

Resilient Revenue: Seplat, MTN, and 19 Other Firms Generate N6.4 Trillion in Q1 2025 Despite Economic Turmoil

Despite ongoing economic headwinds in Nigeria, 21 major companies listed on the Nigerian Exchange (NGX) – including Seplat Energy Plc…

byEkeminiMay 21, 2025May 21, 2025
Lagos Partners with Marketing Analytics Africa to Host Landmark 2025 AMTEC Conference
BusinessLocalTechnology

Lagos Partners with Marketing Analytics Africa to Host Landmark 2025 AMTEC Conference

Lagos State has announced a strategic partnership with Marketing Analytics Africa (MAA) to host the 2025 African Marketing Technology &…

byEkeminiMay 21, 2025May 21, 2025
Nigeria Risks Losing $11bn Annually Over Digital Skills Gap, Experts Warn
LocalMacroeconomicTechnology

Nigeria Risks Losing $11bn Annually Over Digital Skills Gap, Experts Warn

Nigeria could forfeit an estimated $11 billion annually in potential economic growth due to a widening digital skills gap, according…

byEkeminiMay 21, 2025May 21, 2025
Nigerian Stocks Edge Up as MPC Maintains Policy Rates
FinanceinvestmentLocal

Nigerian Stocks Edge Up as MPC Maintains Policy Rates

Nigeria’s equities market posted a slight gain of 0.03% on Tuesday, equivalent to a N20 billion increase in market capitalization.…

byEkeminiMay 20, 2025May 20, 2025
BudgIT Uncovers N6.93 Trillion Worth of Questionable Projects in 2025 Budget
LocalMacroeconomicPolitics

BudgIT Uncovers N6.93 Trillion Worth of Questionable Projects in 2025 Budget

BudgIT, a civic technology organization advocating for transparency in public finance, has uncovered that the National Assembly inserted 11,122 projects…

byEkeminiMay 20, 2025May 20, 2025
CBN Faces Crucial Decision as Inflation Cools Amid Global Uncertainty
investmentLocalMacroeconomic

CBN Faces Crucial Decision as Inflation Cools Amid Global Uncertainty

The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) convenes today amid high anticipation from economists and investors, as…

byEkeminiMay 20, 2025May 20, 2025
Dangote Refinery Vows to Keep Petrol Prices Stable Amid Global Oil Volatility
BusinessEnergyLocal

Dangote Refinery Vows to Keep Petrol Prices Stable Amid Global Oil Volatility

Dangote Petroleum Refinery has reiterated its commitment to reducing and stabilizing petrol prices in Nigeria, despite ongoing fluctuations in global…

byEkeminiMay 20, 2025May 20, 2025
Nigeria’s Digital Economy Surges with $191m FDI and $2bn Fibre Optic Rollout
investmentLocalTechnology

Nigeria’s Digital Economy Surges with $191m FDI and $2bn Fibre Optic Rollout

Nigeria’s digital economy is experiencing unprecedented growth under President Bola Ahmed Tinubu, attracting $191 million in foreign direct investment (FDI)…

byEkeminiMay 20, 2025May 20, 2025
Youth Innovators Call for Digital Inclusion to Bridge Development Gap
BusinessLocalTechnology

Youth Innovators Call for Digital Inclusion to Bridge Development Gap

At the recent Global Accessibility Awareness Day (GAAD) event in Abuja, young innovators advocated for improved digital connectivity as a…

byEkeminiMay 20, 2025May 20, 2025
Wale Edun: Capital Market Crucial to Nigeria’s $1 Trillion Economy Vision by 2030
investmentLocal

Wale Edun: Capital Market Crucial to Nigeria’s $1 Trillion Economy Vision by 2030

The Nigerian government has underscored the vital role of the capital market in achieving its ambitious goal of a $1…

byEkeminiMay 20, 2025May 20, 2025
Cautious Optimism in Ghana’s Bond Market as Secondary Trading Rises
investmentLocalMacroeconomic

Cautious Optimism in Ghana’s Bond Market as Secondary Trading Rises

Ghana’s bond market witnessed a notable surge in secondary trading activity last week, with the total value of trades increasing…

byEkeminiMay 20, 2025May 20, 2025
Ghana Cedi’s Strong Recovery Marks Economic Turnaround – Ato Forson
BusinessinvestmentLocal

Ghana Cedi’s Strong Recovery Marks Economic Turnaround – Ato Forson

Ghana’s Finance Minister, Dr. Cassiel Ato Forson, has highlighted the recent appreciation of the Ghana cedi as a key sign…

byEkeminiMay 20, 2025May 20, 2025
CBN Reassures Nigerians of Banking Sector Stability Amid False Reports
BankingBusinessLocal

CBN Reassures Nigerians of Banking Sector Stability Amid False Reports

The Central Bank of Nigeria (CBN) has moved to calm public fears about the safety of the country’s banking sector,…

byEkeminiMay 20, 2025May 20, 2025
MTN Sues 20 Banks to Recover N6bn Interconnect Debt from SleekChip Technologies
BusinessFinanceLocalTechnology

MTN Sues 20 Banks to Recover N6bn Interconnect Debt from SleekChip Technologies

MTN Nigeria has taken legal action against over 20 banks in an attempt to recover a debt of approximately N6…

byEkeminiMay 20, 2025May 20, 2025
FX Market Turnover Rises to $1.76bn Amid Sharp Decline in Derivatives Activity
BusinessinvestmentLocalMacroeconomic

FX Market Turnover Rises to $1.76bn Amid Sharp Decline in Derivatives Activity

The Nigerian foreign exchange (FX) market recorded a slight uptick in trading activity last week, with total turnover across the…

byEkeminiMay 20, 2025May 20, 2025
Nigeria Eyes $1 Trillion Economy Through Capital Market Reforms and Innovation
BusinessLocalMacroeconomic

Nigeria Eyes $1 Trillion Economy Through Capital Market Reforms and Innovation

The Federal Government of Nigeria has reiterated its ambition to achieve a $1 trillion economy by leveraging private sector innovation…

byEkeminiMay 20, 2025May 20, 2025
Nigeria’s exit from FATF grey list will increase investor confidence, says SEC
BusinessinvestmentLocal

Nigeria’s exit from FATF grey list will increase investor confidence, says SEC

Nigeria’s anticipated removal from the Financial Action Task Force (FATF) grey list is expected to significantly enhance investor confidence and…

byEkeminiMay 20, 2025May 20, 2025
Naira Strengthens Slightly to N1,597/$1 Ahead of MPC Meeting Amid Forex, BDC Sector Tensions
LocalMacroeconomic

Naira Strengthens Slightly to N1,597/$1 Ahead of MPC Meeting Amid Forex, BDC Sector Tensions

The Nigerian naira appreciated slightly to N1,597 per US dollar at the official market on Monday, showing modest improvement from…

byEkeminiMay 20, 2025May 20, 2025
Market cap sheds N8bn amid mixed trading
BusinessFinanceLocal

Market cap sheds N8bn amid mixed trading

The Nigerian Stock Exchange (NGX) began the trading week on May 20, 2025, on a slightly negative note, shedding N8…

byEkeminiMay 20, 2025May 20, 2025
Nigeria’s SEC Launches New Digital Platform to Boost Market Transparency and Investor Confidence
BusinessFinanceLocalTechnology

Nigeria’s SEC Launches New Digital Platform to Boost Market Transparency and Investor Confidence

The Nigerian Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has officially launched the redesigned website of…

byEkeminiMay 20, 2025May 20, 2025
AI to Boost Farm Yields and Reduce Losses in Nigeria – Experts Highlight Potential of Multimodal Technology
AgricultureLocalTechnology

AI to Boost Farm Yields and Reduce Losses in Nigeria – Experts Highlight Potential of Multimodal Technology

Artificial Intelligence (AI) has the potential to significantly transform Nigeria’s agricultural sector by increasing crop yields and minimizing losses, according…

byEkeminiMay 19, 2025May 19, 2025
Tinubu Approves Key Licenses for Kolmani Oil Project to Boost Northern Nigeria’s Energy Sector
EnergyLocalMacroeconomic

Tinubu Approves Key Licenses for Kolmani Oil Project to Boost Northern Nigeria’s Energy Sector

President Bola Tinubu has approved the issuance of crucial regulatory licenses for the Kolmani Integrated Development Project, a major oil…

byEkeminiMay 19, 2025May 19, 2025

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