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 Local Nigerian Fixed-Income Market Surges to N1.06tn as Investors Rush Into Treasury Bills and Bonds June 15, 2026 Ekemini Uba Nigeria’s fixed-income market witnessed a dramatic surge in trading activity as total daily turnover climbed past the N1 trillion mark, signaling a wave of investor confidence and aggressive positioning in…
Business International Technology AI IPO Boom: SpaceX Leads Trillion-Dollar Wave as OpenAI and Anthropic Race Toward Public Markets June 15, 2026 Ekemini Uba The global tech and financial markets are entering a new phase of disruption as artificial intelligence companies prepare for a wave of high-profile public listings. This shift has been amplified…
Business Economy Local Naira Slips Again as FX Liquidity Tightens, Loses N5.08 in a Week June 15, 2026 Ekemini Uba The naira came under renewed pressure this week as weaker dollar supply in the foreign exchange market triggered fresh depreciation across trading windows. Despite rising external reserves, reduced liquidity continues…
Business International Technology SoftBank Surges 10%+ as Iran–U.S. Peace Deal Sparks Asia Tech Stock Rally June 15, 2026 Ekemini Uba Asian technology stocks soared on Monday as investors reacted positively to reports of a peace agreement between Iran and the United States, triggering a broad “risk-on” rally across regional markets.…
International Technology Amazon CEO Andy Jassy Raises Alarm Over Anthropic AI Models, Triggering Global Access Block—Report June 15, 2026 Ekemini Uba A major development in the global artificial intelligence industry has emerged after reports that Anthropic’s advanced AI models were restricted following security concerns raised by Amazon CEO Andy Jassy. According…
Business Economy Local Market Tinubu @ 3: Nigeria’s Stock Market Surges N130 Trillion Amid Economic Hardship and Bold Reforms June 15, 2026 Ekemini Uba Nigeria’s stock market has delivered one of its most dramatic wealth surges in recent history, rising from about N30 trillion in 2023 to more than N160 trillion by mid-2026 under…
International Technology Anthropic AI Model Suspension Sparks India Debate on Sovereign AI and Tech Dependence June 15, 2026 Ekemini Uba A sudden move by Anthropic to suspend access to its newest AI models has triggered a major global tech shake-up—and in India, it has reopened a sensitive debate about the…
Business Economy Energy International US–Iran Peace Deal Could Crash Petrol Price to N900 as Global Oil Market Slumps June 15, 2026 Ekemini Uba The price of petrol in Nigeria may soon see a major relief, with industry operators suggesting that Premium Motor Spirit (PMS) could drop to as low as N900 per litre…
Business Energy International Dangote Refinery Slashes West Africa Fuel Imports as Regional Energy Trade Reshapes June 15, 2026 Ekemini Uba West Africa’s fuel supply chain is undergoing a major shift as the ramp-up of the Dangote Petroleum Refinery sharply reduces the region’s dependence on imported refined products. New industry data…
Business Economy Energy International Crude Oil Prices Fall After US–Iran Peace Deal Reopens Strait of Hormuz | Global Markets Rally June 15, 2026 Ekemini Uba Global oil prices fell sharply on Monday while stock markets surged after the United States and Iran announced a landmark peace deal aimed at ending months of conflict and reopening…
Business International Market Technology SpaceX Stock Surges 6% in Premarket After Record-Breaking IPO Debut June 15, 2026 Ekemini Uba SpaceX shares continued their strong momentum on Monday, rising about 6% in premarket trading following last week’s historic market debut on the Nasdaq. The surge comes after the company completed…
Business Economy Local Nigeria Company Income Tax Falls to N1.37 Trillion in Q1 2026 as Collections Decline 8.08% June 15, 2026 Ekemini Uba Nigeria’s Company Income Tax (CIT) collections recorded a notable decline in the first quarter of 2026, as new data from the National Bureau of Statistics (NBS) shows that total revenue…
Business International investment NGX and Abu Dhabi Exchange Partner to Unlock Middle East Investment Flow into Africa’s Capital Markets June 15, 2026 Ekemini Uba The Nigerian Exchange Group (NGX) and the Abu Dhabi Securities Exchange (ADX) are deepening talks on a strategic partnership designed to channel more Middle Eastern capital into Africa’s fast-growing economies.…
Business Local Market NGX Market Rally Adds N1.4 Trillion as Nigerian Stocks Push Capitalisation Above N156 Trillion June 15, 2026 Ekemini Uba Nigeria’s equities market ended the week on a strong bullish note as investors collectively gained about N1.4 trillion, pushing market capitalisation above N156 trillion. The rally was driven by renewed…
Business Energy International US-Iran Peace Deal Sends Oil Prices Tumbling as Global Markets React to Surprise Truce June 15, 2026 Ekemini Uba A major geopolitical shock has rippled through global markets after reports that the United States and Iran have reached a peace agreement aimed at ending months of escalating tensions. The…
Business Economy Local Nigeria VAT Surges to N2.42 Trillion in Q1 2026 as Economy Strengthens Non-Oil Revenue Base June 15, 2026 Ekemini Uba Nigeria’s economy recorded a strong boost in non-oil revenue as Value Added Tax (VAT) collections climbed to N2.42 trillion in the first quarter of 2026, according to fresh data released…
Business Finance Local IMF Urges Nigeria to Tax Fuel and Telecom Services to Boost Revenue June 15, 2026 Ekemini Uba Nigeria may soon face renewed debates over taxation after the International Monetary Fund (IMF) recommended the introduction of taxes on fuel products and telecommunications services as part of efforts to…
Banking Business Finance International Nigeria’s Banking Profit Boom Fades as Earnings Drop, While African Rivals Surge Ahead June 14, 2026 Ekemini Uba Nigeria’s banking sector, once celebrated as one of Africa’s strongest profit engines, is entering a new phase marked by slowing growth and increasing pressure on earnings. After enjoying two years…
Economy International investment UK Pledges £15m to Boost Nigeria’s Economy June 12, 2026 Ekemini Uba The United Kingdom has announced a £15 million Growth Programme for Nigeria, a strategic initiative aimed at accelerating economic reforms, attracting private investment, and supporting long-term sustainable growth across key…
Business Local Stock NGX Gains 0.6% Weekly Despite Midweek Dip as Airtel, MTN, and First HoldCo Drive ₦52.8bn Turnover Rally June 12, 2026 Ekemini Uba The Nigerian equities market closed the shortened trading week on a positive note, with the Nigerian Exchange (NGX) recording a 0.6% week-on-week gain despite a slight dip in the final…
Business Economy Local Nigeria VAT Collections Hit N2.42 Trillion in Q1 2026 as Tax Revenue Surges 17% June 12, 2026 Ekemini Uba Nigeria’s Value Added Tax (VAT) revenue has recorded a strong start to 2026, rising to N2.42 trillion in the first quarter, according to fresh data released by the National Bureau…
International Technology Equal AI Raises $30M to Let Indians Outsource Their Phone Calls to AI Assistants June 12, 2026 Ekemini Uba India’s constant flood of phone calls—from spam and scams to delivery updates and service promotions—has created a daily communication overload for millions. While tools like Truecaller and government-backed caller ID…
Business Energy Local N279bn petrol cargoes arrive amid Dangote-NNPC legal battle June 12, 2026 Ekemini Uba Six fuel-laden vessels valued at approximately N279 billion have begun arriving at Nigerian ports, intensifying attention on the ongoing legal dispute between Dangote Petroleum Refinery and the Nigerian National Petroleum…
Business Energy International Oil Prices Tumble as Trump Signals Iran Peace Deal, Easing War Fears in Global Markets June 12, 2026 Ekemini Uba Global oil prices fell on Thursday after U.S. President Donald Trump signaled a possible breakthrough in tensions with Iran. His comments suggested that a peace agreement could be close, immediately…
Business International Technology Flutterwave CEO Olugbenga Agboola Unveils Africa Financial OS Vision, Calls for Shock-Resistant Payment Infrastructure June 12, 2026 Ekemini Uba Flutterwave Founder and CEO, Olugbenga Agboola, has called for a new generation of financial infrastructure in Africa that is built to withstand economic and system shocks from the ground up.…
Business Economy International World Bank Cuts Nigeria’s Growth Outlook to 4.1% as Structural Weaknesses Weigh on Economy June 12, 2026 Ekemini Uba The World Bank has revised Nigeria’s economic growth projection downward to 4.1% for 2026, warning that deep-rooted structural challenges continue to slow the country’s ability to fully benefit from rising…
Business Finance Local CBN Proposes Stricter Banking Rules with New Ring-Fencing Guidelines for Financial Groups June 12, 2026 Ekemini Uba The Central Bank of Nigeria (CBN) has introduced draft guidelines aimed at tightening oversight of banks and other financial institutions operating within corporate groups. The move is designed to strengthen…
Business Energy International Nigerian Gas Exports Surge 57% to $3.38bn as Europe Demand and Global Energy Crisis Boost LNG Trade June 12, 2026 Ekemini Uba Nigeria’s liquefied natural gas (LNG) exports have recorded a major boost, surging by 57% to $3.38 billion in the first quarter of 2026, compared to the same period in 2025.…
Business Economy investment Local New Nigeria Festival Targets $1 Trillion Economy Ambition with Innovation and Investment Drive June 12, 2026 Ekemini Uba Nigeria is set to take a bold step toward its long-term economic ambitions with the launch of the New Nigeria Festival, a national platform designed to accelerate innovation, attract global…
Business International Technology SpaceX IPO Shatters Records with $75 Billion Raise, Pushing Elon Musk Closer to Trillionaire Status June 12, 2026 Ekemini Uba SpaceX has rewritten the history books of global finance after raising an unprecedented $75 billion in what has become the largest Initial Public Offering (IPO) ever recorded. The landmark debut…
