Business Local Stock Analysts Advise Investors to Focus on Strong Stocks as Nigerian Equities Market Faces Fresh Pressure June 29, 2026 Ekemini Uba
Business Economy Local Nigeria’s Debt Servicing Swallows 72% of Revenue as Analysts Warn of Fiscal Sustainability Risks June 29, 2026 Ekemini Uba
Business Economy Local Economic Reforms Key to Nigeria’s Sustainable Growth, Says NGX Chairman June 29, 2026 Ekemini Uba
Business Economy International Stock Futures Surge as Tech Stocks Rebound Amid U.S.-Iran Ceasefire Agreement June 29, 2026 Ekemini Uba
Business investment Local Nigeria FX Market Turnover Soars 22% in June as Spot and Derivatives Trading Surge June 29, 2026 Ekemini Uba
Analysts Advise Investors to Focus on Strong Stocks as Nigerian Equities Market Faces Fresh Pressure June 29, 2026 Ekemini Uba
Nigeria’s Debt Servicing Swallows 72% of Revenue as Analysts Warn of Fiscal Sustainability Risks June 29, 2026 Ekemini Uba
Business International Market Stock Futures Mixed as Investors Await Micron Earnings, Tech Stocks Stage Recovery June 24, 2026 Ekemini Uba After a turbulent session that rattled technology stocks across Wall Street, U.S. stock futures traded mixed on Wednesday as investors turned their attention to Micron Technology’s highly anticipated earnings report.…
Business Economy Local MAN Seeks N1 Trillion Stabilisation Fund as Manufacturing Credit Plunges by 22.5% June 24, 2026 Ekemini Uba Nigeria’s manufacturing sector is facing mounting financial pressure after commercial bank credit to the industry fell sharply by 22.5 percent within a year, prompting the Manufacturers Association of Nigeria (MAN)…
Business International Tinubu Urges Africa to End Raw Mineral Exports, Pushes for Value Addition and Industrial Growth June 24, 2026 Ekemini Uba President Bola Tinubu has called on African countries to unite in ending the long-standing exploitation of the continent’s mineral resources by prioritising local value addition and industrial development. Speaking during…
Business Energy International IGU Calls for Regional Gas Market Integration to Unlock West Africa’s Energy Potential June 24, 2026 Ekemini Uba The International Gas Union (IGU) has called on West African countries to deepen regional cooperation and accelerate the integration of their gas markets to unlock the region’s enormous natural gas…
Business Economy Energy International Trump Orders Probe Into Alleged Petrol Price Gouging by Major Oil Companies June 24, 2026 Ekemini Uba President Donald Trump has directed the US Department of Justice to investigate major oil companies over allegations that they are unfairly keeping petrol prices high despite a sharp decline in…
Business Energy Local NUPRC Pushes Drone Surveillance to Protect Nigeria’s Oil and Gas Assets June 24, 2026 Ekemini Uba The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has intensified efforts to strengthen the security of the nation’s oil and gas infrastructure by advocating the deployment of drone surveillance technology across…
Business International Technology Meta Prediction Market App: Zuckerberg Pushes New ‘Arena’ Platform to Challenge Polymarket June 24, 2026 Ekemini Uba Mark Zuckerberg is reportedly setting his sights on the rapidly growing prediction market industry, with plans for Meta to develop its own forecasting platform. According to reports, the social media…
Business Local Market NGX Rally Continues as Investors Gain N1.64tn, Airtel Africa and Banking Stocks Lead Surge June 24, 2026 Ekemini Uba The Nigerian Exchange (NGX) sustained its bullish momentum on Tuesday, with investors recording significant gains as renewed buying interest pushed the market higher for the second straight trading session. The…
Business Energy International Oil Prices Slide as Record 19 Million Barrels Pass Through Hormuz Strait June 24, 2026 Ekemini Uba Global oil prices declined on Tuesday after a record 19 million barrels of crude oil moved through the Strait of Hormuz, easing fears of supply disruptions and boosting confidence in…
Business Economy Local Nigeria Inflation Outlook Brightens as Analysts Predict Gradual Decline from July June 24, 2026 Ekemini Uba Nigeria’s inflation outlook is showing signs of improvement as financial analysts project a gradual easing of price pressures beginning in July and extending into the third quarter of 2026. The…
Local Technology Nigeria’s Tech Industry Confident Ahead of 2027 Data Localisation Deadline June 24, 2026 Ekemini Uba As the January 1, 2027 deadline for the Central Bank of Nigeria’s (CBN) data localisation directive draws closer, key players in Nigeria’s technology ecosystem have expressed strong confidence in the…
Banking Business Local Cash Outside Banks Climbs to N5.19 Trillion Despite CBN’s Aggressive Digital Payment Drive June 24, 2026 Ekemini Uba Nigeria’s transition to a cashless economy continues to face significant hurdles as cash held outside the banking system climbed to N5.19 trillion in May 2026, according to the latest figures…
Local Technology Nigeria Digital Media Traffic Falls 26% as AI and Changing Audience Habits Reshape Online Consumption June 24, 2026 Ekemini Uba Nigeria’s digital media landscape is undergoing a major transformation as audience traffic to online news and media platforms plunged by 26.2 per cent in 2025. According to the Mid-year Industry…
Business Local Airlines Seek Direct Meeting with Tinubu Over Rising Taxes and Charges Threatening Industry Survival June 24, 2026 Ekemini Uba Domestic airline operators in Nigeria are pushing for a direct audience with President Bola Tinubu as concerns grow over taxes and regulatory charges they say are threatening the survival of…
Business Economy Local Naira Falls to Four-Week Low as Stronger U.S. Dollar Puts Pressure on Nigeria’s Currency June 24, 2026 Ekemini Uba The Nigerian naira slipped to N1,373 against the U.S. dollar at the official foreign exchange market on June 23, 2026, marking its weakest closing rate in four weeks. Latest data…
Business Energy Local Dangote Refinery Denies Fuel Re-Import Claims Through Lomé Hub June 24, 2026 Ekemini Uba Dangote Petroleum Refinery has strongly denied reports suggesting that petroleum products exported from its facility are finding their way back into Nigeria through the offshore trading hub in Lomé, Togo.…
Business Local Stock Airtel Africa, Banking Giants Power NGX Rally as Investors Gain N1.64 Trillion in Two-Day Rebound June 24, 2026 Ekemini Uba The Nigerian stock market continued its impressive rebound on Tuesday as investors gained N1.64 trillion in market value, extending the recovery seen in the previous trading session. Renewed buying interest…
Economy Energy Local Petrol Price Drop Sparks Fears of CNG Abandonment as Nigerian Motorists Reconsider Fuel Choices June 24, 2026 Ekemini Uba The recent decline in petrol prices across Nigeria is beginning to reshape consumer behavior, with oil marketers predicting that many vehicle owners who switched to Compressed Natural Gas (CNG) could…
investment Local Market Top NGX Insurance Stocks to Watch in H2 2026 as Market Rebound Creates New Investment Opportunities June 24, 2026 Ekemini Uba As Nigeria’s stock market stages a strong recovery after weeks of heavy losses, investors are turning their attention to insurance stocks on the Nigerian Exchange (NGX) in search of fresh…
Business investment Local SEC Warns Investors as Fake Dangote Refinery IPO Promotions Spread Online June 24, 2026 Ekemini Uba The Securities and Exchange Commission (SEC) has issued a strong warning against the growing wave of advertisements promoting a supposed Dangote Refinery initial public offering (IPO), clarifying that no official…
Business Economy Local Fitch warns Nigeria against $5bn Abu Dhabi loan, says financing method poses risks June 24, 2026 Ekemini Uba Nigeria’s proposed $5 billion financing arrangement with First Abu Dhabi Bank has come under fresh scrutiny after global rating agency Fitch warned that the deal could create significant debt risks…
Business International Market Elon Musk Loses $350 Billion in Historic Wealth Drop as SpaceX Shares Tumble June 24, 2026 Ekemini Uba Elon Musk has recorded the largest personal wealth loss in history after a sharp decline in SpaceX’s stock price wiped an estimated $350 billion from his fortune within a single…
Business Economy Energy International Lithium Demand Set to Surge 353% by 2040 as Nigeria Attracts Global Scramble for Critical Minerals June 23, 2026 Ekemini Uba Global demand for lithium is expected to skyrocket by 353 per cent by 2040, according to projections from the United Nations Conference on Trade and Development (UNCTAD). The surge reflects…
Business investment Local Nigeria Capital Inflows Hit $21bn as FG Targets Bigger Trade and Investment Gains in 2026 June 23, 2026 Ekemini Uba The Federal Government, through the Federal Ministry of Industry, Trade and Investment, has unveiled an ambitious plan to boost trade performance and attract stronger investment inflows as Nigeria intensifies efforts…
Business Energy Local Petrol Prices Stay High in Nigeria Despite Falling Crude Oil Prices Amid Global Supply Shift June 23, 2026 Ekemini Uba Petrol prices have remained stubbornly high across Nigeria, even as global crude oil prices decline toward levels last seen before recent geopolitical tensions between the United States and Iran. Despite…
Business Energy Local Oil Production Recovery in Nigeria Linked to Improved Oil Asset Protection in Niger Delta June 23, 2026 Ekemini Uba Nigeria’s oil industry is showing signs of recovery, with growing evidence that improved protection of oil infrastructure in the Niger Delta is playing a key role in boosting crude production.…
Energy International Technology AI Data Centers Energy Consumption: Why Global Servers Now Burn 670,000 Barrels of Oil Daily June 23, 2026 Ekemini Uba The global race to power artificial intelligence is rapidly becoming one of the most energy-intensive shifts in modern history. According to industry estimates, AI data centers already consume energy equivalent…
Business International Technology SpaceX Shares Drop Over 4% as Post-IPO Rally Fades After Record-Breaking Debut June 23, 2026 Ekemini Uba SpaceX shares slipped more than 4% in premarket trading on Monday, extending a recent decline that has quickly cooled enthusiasm following its historic public debut. The drop marks a continuation…
Business International Technology Major Tech Layoffs in 2026: How AI Is Reshaping Jobs Across Global Tech Companies June 23, 2026 Ekemini Uba The tech industry in 2026 is experiencing one of its most dramatic workforce shake-ups in recent history, with companies across the globe citing artificial intelligence as a key factor behind…
Banking Business Economy Local Nigerians Hold N5.19 Trillion Cash Outside Banks as Cash Usage Defies Digital Payment Growth June 23, 2026 Ekemini Uba Nigeria’s push toward a cashless economy continues to face strong resistance, as new data shows that Nigerians are still holding a massive N5.19 trillion outside the banking system as of…
