Local Macroeconomic Market Nigeria’s Economic Gains Face Tough Test as Inflation, Debt and Election Risks Cloud H2 2026 Outlook July 1, 2026 Ekemini Uba
Business Local Market Nigeria Stock Market Records Historic N13.3 Trillion Loss in June as Investor Selloff Deepens July 1, 2026 Ekemini Uba
Breaking Economy International Market FTSE Russell Delays Nigeria Frontier Market Upgrade Over Concerns About New T+1 Settlement Cycle June 30, 2026 Ekemini Uba
International Technology Arena Hits $100 Million Revenue Milestone as AI Evaluation Demand Surges June 30, 2026 Ekemini Uba
International Technology WhatsApp Username Feature Set to Boost Privacy by Hiding Phone Numbers June 30, 2026 Ekemini Uba
Nigeria’s Economic Gains Face Tough Test as Inflation, Debt and Election Risks Cloud H2 2026 Outlook July 1, 2026 Ekemini Uba
Nigeria Stock Market Records Historic N13.3 Trillion Loss in June as Investor Selloff Deepens July 1, 2026 Ekemini Uba
Business Economy Finance Local IMF cautions Nigeria on $5bn Abu Dhabi swap deal June 9, 2026 Ekemini Uba The International Monetary Fund (IMF) has urged Nigeria to exercise caution over its proposed $5 billion Total Return Swap (TRS) financing deal with First Abu Dhabi Bank, warning that such…
Business Finance International West Africa Leads Africa’s Digital Tax Revolution as Nigeria, Ghana, Benin Drive Major Reforms – WATAF June 9, 2026 Ekemini Uba West African countries including Nigeria, Ghana, Benin, and Senegal are taking the lead in reshaping Africa’s tax landscape through bold reforms targeting digital services and online economic activities. This was…
Business Energy Local Nigeria Petrol Imports Crash by N2.18 Trillion in Q1 2026 as Local Refining Reshapes Energy Market June 9, 2026 Ekemini Uba Nigeria’s petrol import bill has taken a dramatic nosedive, falling by a staggering N2.18 trillion in the first quarter of 2026, according to fresh data from the National Bureau of…
Business Energy Local Nigeria’s Crude Oil Exports Hit N11.2 Trillion in Q1 2026 Despite Market Swings June 9, 2026 Ekemini Uba Nigeria’s crude oil exports climbed to N11.20 trillion in the first quarter of 2026, reinforcing the country’s dependence on oil as its biggest foreign exchange earner, even amid fluctuating global…
Business Economy International Dangote Named Africa’s Most Admired Brand for 8th Straight Year June 9, 2026 Ekemini Uba Dangote Industries Limited has once again cemented its reputation as Africa’s most admired brand, retaining the top position for the eighth consecutive year in the prestigious Brand Africa 100 rankings.…
Banking Business Local Nigeria’s Top Banks Mobilise N137 Trillion in Deposits as Liquidity Strength Deepens (Q1 2026 Banking Report) June 9, 2026 Ekemini Uba Nigeria’s banking sector started 2026 on a strong liquidity footing, with the country’s top 10 banks collectively mobilising an estimated N137 trillion in customer deposits in the first quarter. The…
Business International Technology OpenAI IPO Filing Signals AI Mega-Race With Anthropic and SpaceX June 9, 2026 Ekemini Uba OpenAI, the creator of ChatGPT, has quietly taken a major step toward becoming a public company by filing confidential paperwork for an initial public offering (IPO). The move, announced in…
Local Technology NDPC, Meta Launch Two-Year Data Protection Initiative to Boost Privacy Awareness in Nigeria June 9, 2026 Ekemini Uba Nigeria is stepping up its digital safety game as the Nigeria Data Protection Commission (NDPC) has partnered with Meta to launch a two-year initiative aimed at improving data protection, privacy…
Business Economy Local Nigeria Records ₦7.54 Trillion Trade Surplus in Q1 2026 as Oil Exports Surge (Up 340%) June 9, 2026 Ekemini Uba Nigeria has recorded a massive trade breakthrough in the first quarter of 2026, posting a trade surplus of ₦7.54 trillion, according to the National Bureau of Statistics. The figure marks…
Local Macroeconomic Nigeria Raises NTB Offer to N4.8 Trillion as Borrowing Pressure Surges in Q2 2026 June 9, 2026 Ekemini Uba Nigeria’s debt market is seeing a sharp shift as the Debt Management Office (DMO) has expanded its Nigerian Treasury Bills (NTB) issuance programme for the second quarter of 2026. The…
Business Economy Local Nigeria Stock Market Slowdown Linked to New T+1 Settlement Cycle as Foreign Investors Pull Back June 9, 2026 Ekemini Uba Nigeria’s stock market is experiencing a noticeable slowdown just days after the launch of its new T+1 settlement cycle, with experts suggesting that the policy shift may have unsettled foreign…
Business Economy Local Nigeria Trade Surplus Hits N7.55 Trillion in Q1 2026 as Oil Exports Drive 340% Surge June 9, 2026 Ekemini Uba Nigeria’s external trade performance opened 2026 on a strong note as the country recorded a massive trade surplus of N7.55 trillion in the first quarter, marking a dramatic 340.88 per…
Banking Business Finance International United Capital Expands into East Africa with Investment Banking Licences in Ethiopia and Rwanda June 9, 2026 Ekemini Uba United Capital has recorded a major breakthrough in its African expansion strategy after securing investment banking licences in both Ethiopia and Rwanda, strengthening its footprint across the continent’s rapidly growing…
Business International Global Stocks Rally as Chip Surge Lifts Markets, South Korea’s Kospi Jumps Over 8% June 9, 2026 Ekemini Uba Global stock markets extended their gains on Tuesday as a strong rebound in semiconductor stocks boosted investor confidence, helping Wall Street futures move higher and sparking a broad rally across…
Business Economy Local Lagos Targets $300 Billion Economy, Strengthens Position as Africa’s Investment Gateway June 9, 2026 Ekemini Uba Lagos State has reaffirmed its position as Africa’s leading investment destination, unveiling ambitious plans to grow its economy to $300 billion through strategic investments in infrastructure, technology, trade, and financial…
Business Local Market Nigerian Stocks Add N515 Billion as Bargain Hunting Fuels Strong Market Rebound June 9, 2026 Ekemini Uba Nigeria’s stock market opened the week on a positive note, with investors gaining approximately N514.97 billion on Monday as renewed bargain hunting strengthened the ongoing recovery on the Nigerian Exchange…
Economy International Nigeria Seeks €59m EU Support to Combat Illegal Fishing and Boost Blue Economy June 8, 2026 Ekemini Uba Nigeria has moved to secure a major €59 million support package under the West Africa Sustainable Ocean Programme (WASOP) to intensify its fight against illegal, unreported, and unregulated (IUU) fishing…
Business Local Stock Africa Prudential, AIICO Insurance, C&I Leasing Lead Weekly Nigerian Stock Picks as Market Slips June 8, 2026 Ekemini Uba Nigeria’s equities market closed last week on a weak note, shedding 3.1% after a brief recovery in the previous week. The decline was driven by heavy sell pressure across key…
Business Finance International investment United Capital Secures Landmark Investment Banking License in Ethiopia June 8, 2026 Ekemini Uba Nigeria’s United Capital Group has made a major breakthrough in East Africa after securing approval to operate investment banking services in Ethiopia. The license, issued on June 5, 2026, by…
Business Economy Local CBN Tightens FX Rules, Slaps N100 Million Fine on Banks Over Non-Compliant Transactions June 8, 2026 Ekemini Uba The Central Bank of Nigeria (CBN) has rolled out a major overhaul of its foreign exchange regulations, introducing a tough new penalty regime that includes a N100 million fine for…
Business Energy International Heirs Energies Wins Global Oil & Gas Deal of the Year for $750M Afreximbank Financing Breakthrough June 8, 2026 Ekemini Uba Heirs Energies Limited, one of Nigeria’s fast-growing indigenous energy companies, has earned major global recognition after its $750 million Afreximbank-backed financing deal was crowned Oil & Gas Deal of the…
Business Energy Local NUPRC and NNRA Partner to Cut Oil Production Costs and Strengthen Safety Regulations in Nigeria’s Upstream Sector June 8, 2026 Ekemini Uba Nigeria’s upstream oil and gas sector is set for a major regulatory shake-up as the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Nuclear Regulatory Authority (NNRA) move to…
Business International Technology AI-Linked Tech Stocks in Global Sell-Off as SoftBank Slides 6% on Market Rout June 8, 2026 Ekemini Uba Global technology markets started the week under heavy pressure as a widespread tech stock sell-off accelerated, hitting AI-linked companies particularly hard. Investors pulled back sharply after a strong rally in…
Business International Technology OpenAI Super App Strategy: ChatGPT Set for Major AI Upgrade with Agents and Coding Tools June 8, 2026 Ekemini Uba OpenAI is reportedly preparing a major upgrade to ChatGPT as part of its long-term vision to turn the platform into a full-scale “super app.” According to a report from the…
Business Economy Local Dangote Refinery IPO Could Lift NGX Market Cap to N236 Trillion – Rewane June 8, 2026 Ekemini Uba Bismarck Rewane, Managing Director of Financial Derivatives Company (FDC), has projected that the planned initial public offering (IPO) of the Dangote Petroleum Refinery could significantly reshape Nigeria’s capital market. According…
Business Local Market BUA Foods Tops NGX Dividend Yield Rankings as Seven Stocks Go Ex-Dividend in One Week June 8, 2026 Ekemini Uba BUA Foods Plc has emerged as the highest-yielding stock among seven companies that went ex-dividend on the Nigerian Exchange (Nigerian Exchange) during the week ended June 5, 2026, offering investors…
Banking Economy Local Reps Recover ₦521.7m VAT from CBN in Remita Revenue Leak Probe June 8, 2026 Ekemini Uba The House of Representatives Public Accounts Committee has recovered ₦521.77 million in unremitted Value Added Tax (VAT) from the Central Bank of Nigeria (CBN), following an investigation into alleged revenue…
Business Local Stock 5 NGX Stocks Analysts Say Could Surge in H2 2026 as Market Pullback Creates Buying Opportunities June 8, 2026 Ekemini Uba The Nigerian stock market entered H2 2026 on a mixed note, following a strong rally that pushed the NGX All-Share Index up by 60.9% year-to-date as of May. However, early…
Business International Technology OpenAI Plans Massive ChatGPT Superapp Overhaul Ahead of IPO Push June 8, 2026 Ekemini Uba OpenAI is preparing what could be the most significant transformation of its flagship product since ChatGPT launched in 2022. According to reports from the Financial Times, the company is working…
Business investment Local Market Nigerian Stock Market Sheds N4.9trn as Profit-Taking Reverses Bullish Run | NGX Decline Hits Investors June 8, 2026 Ekemini Uba The Nigerian stock market experienced a sharp reversal last week as investors on the Nigerian Exchange Limited (NGX) collectively lost over N4.915 trillion following a wave of profit-taking across key…
