Author: Ogochukwu Ndubuisi

Getting a customer to visit a website once is one challenge. Giving them a reason to return regularly is another.

The South African rand was relatively stable versus crosses on Monday as the US dollar

The Central Bank of Nigeria (CBN) is scheduled to auction N500 billion worth of Treasury bills

Italy Plans Face-Veil Ban in Schools and Limit Foreign Students in Classrooms Italy is preparing to ban face coverings in schools and introduce a cap on the number of foreign students per class, Prime Minister Giorgia Meloni has announced. Speaking on Sunday at an annual gathering of the youth wing of her Brothers of Italy party, Meloni said a measure will soon be presented to Cabinet that bans burqas and niqabs in schools and legally sets a maximum number of foreign students per classroom. The proposal will also require parents of foreign students struggling to integrate to learn Italian. Meloni…

Maritime expert, Capt. Iheanacho Ebubeogu, says the Federal Government (FG) has secured

PIA: Market Forces Determines Fuel Prices – NMDPRA The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says fuel pump prices are determined by market forces and not fixed by the regulator under the Petroleum Industry Act (PIA) 2021. The NMDPRA management made this known in a statement on Saturday, in response to concerns over the recent increase in pump prices of petrol. It acknowledged the financial difficulties faced by Nigerians following the rise in fuel prices, noting that the situation is putting pressure on households, transport workers and businesses. NMDPRA said Section 205(1) of the PIA provided that wholesale…

Equities Investors Gain N2.27trn, Market Cap Hits N162trn Equities investors gained N2.265 trillion on the Nigerian Exchange (NGX), with the All-Share Index climbing by 142 basis points at Friday’s close. Market capitalisation rose by N2.265 trillion, or 1.42 per cent, to N162.157 trillion, up from N159.892 trillion on Thursday. Similarly, the All-Share Index (ASI) climbed by 3,489.18 points or 1.42 per cent to reach 249,804.56 as against 246,315.38 earlier recorded. The positive trend was driven by strong buying interest in medium- and large-capitalised stocks, like Cileasing, Fortis Global Insurance, MTN Nigeria, Secure Electronic Technology, Mutual Benefits and 31 others. While…

CBN, Finance Ministry Sign MoU for Improved Fiscal-Monetary Policy Coordination The Central of Nigeria (CBN) and the Federal Ministry of Finance, on Friday in Abuja signed a Memorandum of Understanding (MoU) to improve Fiscal-Monetary Policy Coordination. The Governor the CBN, Olayemi Cardoso, said that the occasion marked a significant milestone in Nigeria’s pursuit of stronger macroeconomic management, lasting economic stability, and sustainable prosperity for all Nigerians. According to Cardoso, beyond the signing of a document, it represents a shared commitment to deepening collaboration in the interests of Nigeria’s economy and the Nigerian people. “Fiscal and monetary policies remain two important…

FCMB Capital Markets Supports BOI’s ₦274.19 Billion Development Bond Issuance FCMB Capital Markets Limited acted as a Joint Issuing House and Bookrunner on the ₦274.19 billion Series 1 Development Bond issued by the Bank of Industry (BOI), one of the largest sub-sovereign bond issuances through the Nigerian capital market. The five-year, 17.60% fixed-rate bond, due in 2031, was issued through BOI Financing SPV Plc under the Bank’s US$1 billion Multi-Currency Instruments Programme. Initially sized at ₦250 billion, the transaction was oversubscribed due to strong demand from institutional investors. BOI exercised the green shoe option to accommodate the additional demand, increasing…

China Launches Satellites For Global Internet Network From Sea For First Time China has successfully placed nine satellites into orbit from the sea in the world’s first mobile sea-based launch of a low-Earth orbit broadband internet constellation. The satellites lifted off at 6:00 a.m. Beijing Time on Tuesday, September 16, 2026, from waters off the coast of Shanghai aboard the Gravity-1 Y3 launch vehicle. The mission was conducted by the Taiyuan Satellite Launch Center. The payload included eight satellites from the Qianfan (Thousand Sails) constellation — Group 26 — which is part of China’s project to build a global low-Earth…