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 Economy Energy International Nigeria Among Nine Countries Responsible for 83% of Global Gas Flaring, World Bank Reveals June 23, 2026 Ekemini Uba Nigeria has once again been identified as one of the world’s top contributors to gas flaring, as a new World Bank report shows that just nine countries are responsible for…
Business Local Stock NGX Banking Stocks Underperform in 2026 Market Rally as Oil and Industrial Sectors Lead Gains June 23, 2026 Ekemini Uba Nigeria’s banking sector is struggling to keep pace in the ongoing 2026 equities boom, as banking stocks on the Nigerian Exchange (NGX) lag behind other major sectors despite strong earnings…
Local Macroeconomic Five states receive 21.2 per cent of VAT disbursement in April June 23, 2026 Ekemini Uba Five Nigerian states have collectively taken a significant share of the country’s value-added tax (VAT) revenue, receiving N87 billion in April 2026 alone—about 21.2 per cent of the total amount…
Business Local Market NGX Market Value Drops to N151.3tn as Profit-Taking Triggers Liquidity Tightening June 23, 2026 Ekemini Uba The Nigerian Exchange Limited (NGX) ended the trading week on 19 June 2026 in the red, as widespread profit-taking and price corrections pushed the All-Share Index down by 3.59% to…
International Technology OpenAI Launches “Patch the Planet” Initiative to Strengthen Open Source Security With AI Support June 23, 2026 Ekemini Uba OpenAI has unveiled a new cybersecurity-focused program called “Patch the Planet,” aimed at strengthening the safety of open source software through a combination of artificial intelligence tools and expert human…
Business Energy Local Domestic Crude Supply Drops in Nigeria Amid Sabotage Allegations and Refinery Disputes June 23, 2026 Ekemini Uba Nigeria’s domestic crude supply to local refineries recorded a noticeable decline in May 2026, dropping to 15.84 million barrels, according to fresh data from the Nigerian Midstream and Downstream Petroleum…
Business Economy International SEC Nigeria Pushes for Stronger African Capital Market Collaboration as Nigeria and Rwanda Sign New MoU June 23, 2026 Ekemini Uba The Securities and Exchange Commission (SEC) Nigeria has renewed its push for deeper integration among African financial markets, calling for stronger cooperation that will boost cross-border investment, innovation, and long-term…
Business International investment Firm to unlock Kenyan market for Nigerian investors June 23, 2026 Ekemini Uba Dewale Consulting Ltd (DCL) has announced a new initiative designed to open up Kenya’s booming property sector to Nigerian investors, as cross-border investment interest continues to rise across Africa. The…
Finance investment Local FGN Bond Auction Draws N1.41 Trillion in Bids as Rising Yields Boost Investor Appetite June 23, 2026 Ekemini Uba The Federal Government recorded a strong outing at its June 2026 bond auction, attracting a massive N1.41 trillion in investor subscriptions despite offering N1.2 trillion worth of bonds. The latest…
Business Economy Finance International Nigeria, Rwanda Strengthen Capital Markets Ties with New Regulatory Partnership June 23, 2026 Ekemini Uba Nigeria and Rwanda have taken a significant step toward deeper financial integration in Africa following the signing of a Memorandum of Understanding (MoU) between Nigeria’s Securities and Exchange Commission (SEC)…
Business Local Stock Domestic Investors Drive NGX Transactions to N1.94 Trillion as Market Activity Surges 177% June 23, 2026 Ekemini Uba Trading activities on the Nigerian Exchange Limited (NGX) maintained strong momentum in May 2026, with total market transactions climbing to N1.94 trillion as domestic investors continued to dominate the market.…
Business Economy Local Nigeria’s Money Supply Climbs to N129.21 Trillion as Liquidity Expands Despite Tight Monetary Policy June 23, 2026 Ekemini Uba Nigeria’s broad money supply (M3) rose to N129.21 trillion in May 2026, highlighting continued liquidity growth in the economy despite the Central Bank of Nigeria’s efforts to keep monetary conditions…
Business Local Stock Nigerian Stocks to Watch This Week: Fidson, Africa Prudential, Access Holdings Lead Analyst Picks After Market Slump June 22, 2026 Ekemini Uba The Nigerian stock market started the week on a cautious note as investors continued to digest last week’s sharp 3.6 per cent decline, largely driven by heavy sell-offs in banking…
Business Economy Local Nigeria Businesses Face Tax Deadline Pressure as CIT Filing and E-Invoicing Rules Converge June 22, 2026 Ekemini Uba Nigerian businesses are entering a high-pressure compliance season as two major tax obligations converge at the end of June: Company Income Tax (CIT) filing and the rollout of the federal…
Business Economy Local Nigeria Inflation Rate May Ease to 15.8% in June 2026 Despite Cost Pressures – Analysts Forecast June 22, 2026 Ekemini Uba Nigeria’s inflation outlook may be heading for slight relief as analysts project that the Nigeria inflation rate June 2026 could ease to 15.8%, even as households continue to face persistent…
Business Finance Local NGX Loses N5.64 Trillion in One Week as Massive Sell-Off Hits Nigerian Equities Market June 22, 2026 Ekemini Uba The Nigerian equities market came under intense pressure last week as investors collectively lost about N5.64 trillion on the Nigerian Exchange Limited (Nigerian Exchange Limited), following a wave of sustained…
Business Energy Local Aradel assets hit N10 trillion after Renaissance acquisition drives 466% surge in balance sheet June 22, 2026 Ekemini Uba Aradel Holdings Plc has recorded a dramatic leap in its financial position, with total assets surging by 466 per cent to N9.9 trillion in 2025, driven largely by a major…
Business International Macroeconomic Market Stock Futures Fall as Iran Peace Talks and Inflation Data Keep Investors on Edge June 22, 2026 Ekemini Uba U.S. stock futures slipped early Monday as investors reacted cautiously to fresh progress in Iran peace negotiations while bracing for a key inflation report that could shape the Federal Reserve’s…
Business Energy Local Nigeria Crude Oil Production Challenges Persist Despite Output Gains and $10bn Investment Surge June 22, 2026 Ekemini Uba Nigeria’s oil and gas sector is showing strong signs of recovery, but long-standing operational issues continue to weigh on its full potential. In recent years, the industry has attracted over…
Business Energy Local Dangote Refinery Crude Supply Crisis Deepens as Output Drops 62% Amid NNPC Delivery Shortfall June 22, 2026 Ekemini Uba Nigeria’s flagship Dangote Petroleum Refinery is facing mounting pressure as a severe crude supply shortage threatens its operations, raising fresh concerns about fuel stability and the future of domestic refining…
Business Energy International Oil Prices Dip as Qatar and Pakistan Push 60-Day U.S.–Iran Deal Roadmap Amid Middle East Tensions June 22, 2026 Ekemini Uba Global oil markets saw a sharp shift on Monday as crude prices slipped following news that Qatar and Pakistan have brokered a 60-day roadmap aimed at advancing a potential U.S.–Iran…
Local Technology NDPC Pushes Data Protection Law Review to Regulate AI and Strengthen Privacy Rules in Nigeria June 22, 2026 Ekemini Uba The Nigeria Data Protection Commission (NDPC) is moving to amend the Nigeria Data Protection Act (NDPA) 2023, signaling a major shift in how the country plans to regulate emerging technologies…
Business Local Market NGX Market Update: Market Capitalisation Sheds N5.6 Trillion as Trading Value Climbs 22% Amid Bearish Pressure June 22, 2026 Ekemini Uba The Nigerian equities market closed the week on a mixed but tense note as the market capitalisation of the Nigerian Exchange Nigerian Exchange Group (NGX) shed about N5.63 trillion, even…
Business Economy Local Nigeria FX Market Turnover Rises to $2.32bn as FX Forwards Surge 129% Amid Equities Sell-Off June 22, 2026 Ekemini Uba Nigeria’s foreign exchange market recorded a noticeable uptick in activity, with total turnover in the FX spot and derivatives segments rising 7.7% to $2.32 billion in the week ended June…
Business Energy Local Fuel Price War Intensifies in Lagos and Ogun as Stations Slash Petrol Prices to N1,199 Per Litre June 22, 2026 Ekemini Uba Fuel prices have dropped across parts of Lagos and Ogun States as filling stations adjust pump rates in response to rising competition and recent changes in the downstream oil market.…
Business Local Technology Nigeria Telecom Ownership Rule Tightened as NCC Now Requires Approval for 10%+ Share Transfers June 22, 2026 Ekemini Uba Nigeria’s telecom sector is facing a new layer of regulatory oversight as the Nigerian Communications Commission (NCC) and the Corporate Affairs Commission (CAC) introduce stricter rules on ownership changes within…
International Technology AI Boom Pushes Tech Giants Into Debt Markets as Rising Rates Reshape Investor Strategy June 22, 2026 Ekemini Uba The global race to build artificial intelligence infrastructure is reshaping how tech giants manage money—and forcing investors to rethink long-held assumptions about the sector. Companies once known for massive cash…
Banking Business Finance Local CBN Urged to Mandate Annual Financial Reporting for Fintechs and MFBs as Transparency Debate Intensifies in Nigeria June 22, 2026 Ekemini Uba Finance experts have called on the Central Bank of Nigeria (CBN) to introduce mandatory annual financial reporting for deposit-taking fintech companies and microfinance banks (MFBs), arguing that stronger disclosure rules…
Business investment Local Afreximbank Meetings, Nigeria-EU Forum Lead Major Business Events Shaping Nigeria’s Economy This Week June 22, 2026 Ekemini Uba Nigeria’s business landscape is set for a busy week as major economic and investment-focused events take center stage across Africa. Leading the agenda is the 33rd Annual Meetings of the…
Business International Pound Slides Toward Yearly Low Against Naira as UK Political Uncertainty Rattles Markets June 22, 2026 Ekemini Uba The British pound has weakened sharply against the Nigerian naira, edging closer to its lowest level of the year as political uncertainty in the United Kingdom continues to unsettle financial…
