Nairametrics https://nairametrics.com/ Destination for Business news and analysis from Africa's largest economy Wed, 09 Jul 2025 20:37:14 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://nairametrics.com/wp-content/uploads/2021/08/cropped-cropped-favicon-1.png?resize=75,75 Nairametrics https://nairametrics.com/ 32 32 201037849 IGP sues Abu Arome, 3 Ghanaians over alleged forgery of company shares allocation document https://nairametrics.com/2025/07/09/igp-sues-abu-arome-3-ghanaians-over-alleged-forgery-of-company-shares-allocation-document/ https://nairametrics.com/2025/07/09/igp-sues-abu-arome-3-ghanaians-over-alleged-forgery-of-company-shares-allocation-document/#respond Wed, 09 Jul 2025 20:37:14 +0000 https://nairametrics.com/?p=518828 The Inspector-General of Police (IGP) has sued three Ghanaians and a Nigerian lawyer, Abu Arome, over forgery allegations related to their alleged illegal 99 million shares allocation, involving River Park Estate, Abuja. 

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]]> https://nairametrics.com/2025/07/09/igp-sues-abu-arome-3-ghanaians-over-alleged-forgery-of-company-shares-allocation-document/feed/ 0 518828 Nigeria’s oil rig count rises to 46 in July 2025 – NUPRC https://nairametrics.com/2025/07/09/nigerias-oil-rig-count-rises-to-46-in-july-2025-nuprc/ https://nairametrics.com/2025/07/09/nigerias-oil-rig-count-rises-to-46-in-july-2025-nuprc/#respond Wed, 09 Jul 2025 20:01:57 +0000 https://nairametrics.com/?p=518827 The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a significant rise in the nation’s oil rig count, increasing from eight in 2021 to 46 as of July 2025. 

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]]> https://nairametrics.com/2025/07/09/nigerias-oil-rig-count-rises-to-46-in-july-2025-nuprc/feed/ 0 518827 Oyo State approves N7.7 billion for two surveillance aircraft to combat insecurity  https://nairametrics.com/2025/07/09/oyo-state-approves-n7-7-billion-for-two-surveillance-aircraft-to-combat-insecurity/ https://nairametrics.com/2025/07/09/oyo-state-approves-n7-7-billion-for-two-surveillance-aircraft-to-combat-insecurity/#respond Wed, 09 Jul 2025 19:39:49 +0000 https://nairametrics.com/?p=518826 The Oyo State Executive Council has approved N7.7 billion for the procurement of two aircraft to enhance surveillance and tackle banditry, kidnapping, and other security threats in the state. 

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]]> https://nairametrics.com/2025/07/09/oyo-state-approves-n7-7-billion-for-two-surveillance-aircraft-to-combat-insecurity/feed/ 0 518826 DLM Capital’s sovereign-Backed Composite Notes promise high Returns with low risk – Sonnie Ayere   https://nairametrics.com/2025/07/09/dlm-capitals-sovereign-backed-composite-notes-promise-high-returns-with-low-risk-sonnie-ayere/ https://nairametrics.com/2025/07/09/dlm-capitals-sovereign-backed-composite-notes-promise-high-returns-with-low-risk-sonnie-ayere/#respond Wed, 09 Jul 2025 19:21:41 +0000 https://nairametrics.com/?p=518815 In a landmark development for Nigeria’s capital market, DLM Capital Group recently developed and introduced a new investment instrument known as Sovereign Bond-Backed Composite Notes (SBCNs).  

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]]> https://nairametrics.com/2025/07/09/dlm-capitals-sovereign-backed-composite-notes-promise-high-returns-with-low-risk-sonnie-ayere/feed/ 0 518815 FG ramps up cybersecurity measures to protect Nigeria’s digital infrastructure  https://nairametrics.com/2025/07/09/fg-ramps-up-cybersecurity-measures-to-protect-nigerias-digital-infrastructure/ https://nairametrics.com/2025/07/09/fg-ramps-up-cybersecurity-measures-to-protect-nigerias-digital-infrastructure/#respond Wed, 09 Jul 2025 17:59:18 +0000 https://nairametrics.com/?p=518822 The Federal Government has said it is bolstering Nigeria’s cybersecurity defenses amid rising digital threats, as it unveiled several strategic initiatives aimed at building resilience across the country’s digital ecosystem. 

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]]> https://nairametrics.com/2025/07/09/fg-ramps-up-cybersecurity-measures-to-protect-nigerias-digital-infrastructure/feed/ 0 518822 Africa Film Finance Forum eyes $20 billion Pan-African film economy  https://nairametrics.com/2025/07/09/africa-film-finance-forum-eyes-20-billion-pan-african-film-economy/ https://nairametrics.com/2025/07/09/africa-film-finance-forum-eyes-20-billion-pan-african-film-economy/#respond Wed, 09 Jul 2025 17:55:23 +0000 https://nairametrics.com/?p=518817 The Africa Film Finance Forum (AFFF) has unveiled plans to unlock a $20 billion Pan-African film economy, a bold move aimed at transforming the continent’s underfunded and informal film sector into a structured, high-value industry.

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]]> https://nairametrics.com/2025/07/09/africa-film-finance-forum-eyes-20-billion-pan-african-film-economy/feed/ 0 518817 ACCESSCORP leads trading value as All-Share Index rises 0.28%; five stocks hit daily gain limit  https://nairametrics.com/2025/07/09/accesscorp-leads-trading-value-as-all-share-index-rises-0-28-five-stocks-hit-daily-gain-limit/ https://nairametrics.com/2025/07/09/accesscorp-leads-trading-value-as-all-share-index-rises-0-28-five-stocks-hit-daily-gain-limit/#respond Wed, 09 Jul 2025 17:46:27 +0000 https://nairametrics.com/?p=518819 The Nigerian All-Share Index closed in positive territory on Wednesday, July 9, adding 335.74 points to settle at 121,989.67.

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]]> https://nairametrics.com/2025/07/09/accesscorp-leads-trading-value-as-all-share-index-rises-0-28-five-stocks-hit-daily-gain-limit/feed/ 0 518819 Police to restrict movement on Lagos roads, waterways from 3am–3pm on July 12 for LG elections  https://nairametrics.com/2025/07/09/police-to-restrict-movement-on-lagos-roads-waterways-from-3am-3pm-on-july-12-for-lg-elections/ https://nairametrics.com/2025/07/09/police-to-restrict-movement-on-lagos-roads-waterways-from-3am-3pm-on-july-12-for-lg-elections/#respond Wed, 09 Jul 2025 17:06:32 +0000 https://nairametrics.com/?p=518814 The Lagos State Police Command has announced a total restriction of vehicular movement across all roads and waterways in the state from 3:00 a.m. to 3:00 p.m. on Saturday, July 12, 2025, ahead of the upcoming Local Government Elections in the 20 LGAs and 37 LCDAs. 

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]]> https://nairametrics.com/2025/07/09/police-to-restrict-movement-on-lagos-roads-waterways-from-3am-3pm-on-july-12-for-lg-elections/feed/ 0 518814 Jensen Huang’s Nvidia hits $4 trillion valuation, becomes world’s most valuable company  https://nairametrics.com/2025/07/09/jensen-huangs-nvidia-hits-4-trillion-valuation-becomes-worlds-most-valuable-company/ https://nairametrics.com/2025/07/09/jensen-huangs-nvidia-hits-4-trillion-valuation-becomes-worlds-most-valuable-company/#respond Wed, 09 Jul 2025 16:57:53 +0000 https://nairametrics.com/?p=518813 Nvidia has officially become the most valuable publicly traded company in the world, reaching a market capitalization of $4 trillion on Wednesday, a historic jump powered by the surging demand for artificial intelligence and the chips that fuel it. 

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]]> https://nairametrics.com/2025/07/09/jensen-huangs-nvidia-hits-4-trillion-valuation-becomes-worlds-most-valuable-company/feed/ 0 518813 Linda Yaccarino steps down as CEO of X, months after Musk’s AI firm took control  https://nairametrics.com/2025/07/09/linda-yaccarino-steps-down-as-ceo-of-x-months-after-musks-ai-firm-took-control/ https://nairametrics.com/2025/07/09/linda-yaccarino-steps-down-as-ceo-of-x-months-after-musks-ai-firm-took-control/#respond Wed, 09 Jul 2025 16:53:27 +0000 https://nairametrics.com/?p=518811 Linda Yaccarino, the high-profile executive brought in by Elon Musk to steer X (formerly Twitter) through a turbulent rebrand and advertiser crisis, has announced her resignation as CEO.  

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]]> https://nairametrics.com/2025/07/09/linda-yaccarino-steps-down-as-ceo-of-x-months-after-musks-ai-firm-took-control/feed/ 0 518811 Top 10 Consumer Goods companies with the highest gains on the NGX in H1 2025  https://nairametrics.com/2025/07/09/top-10-consumer-goods-companies-with-the-highest-gains-on-the-ngx-in-h1-2025/ https://nairametrics.com/2025/07/09/top-10-consumer-goods-companies-with-the-highest-gains-on-the-ngx-in-h1-2025/#respond Wed, 09 Jul 2025 16:46:23 +0000 https://nairametrics.com/?p=518803 In the first half of 2025, the consumer goods sector emerged as the strongest performer on the Nigerian Stock Market, surging by 52.21% and pushing the banking sector to second place with an 18.06% gain. 

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]]> https://nairametrics.com/2025/07/09/top-10-consumer-goods-companies-with-the-highest-gains-on-the-ngx-in-h1-2025/feed/ 0 518803 UK rolls out digital eVisas for Nigerian work and study visa applicants from July 15  https://nairametrics.com/2025/07/09/uk-rolls-out-digital-evisas-for-nigerian-work-and-study-visa-applicants-from-july-15/ https://nairametrics.com/2025/07/09/uk-rolls-out-digital-evisas-for-nigerian-work-and-study-visa-applicants-from-july-15/#respond Wed, 09 Jul 2025 16:46:08 +0000 https://nairametrics.com/?p=518807 The United Kingdom Government has announced that it will introduce digital eVisas for most Nigerian nationals applying for study or work visas, starting July 15, 2025. 

The post UK rolls out digital eVisas for Nigerian work and study visa applicants from July 15  appeared first on Nairametrics.

]]> https://nairametrics.com/2025/07/09/uk-rolls-out-digital-evisas-for-nigerian-work-and-study-visa-applicants-from-july-15/feed/ 0 518807 IMF flags cross-border crypto risks for Nigeria as global market surges 1,511% in five years  https://nairametrics.com/2025/07/09/imf-flags-cross-border-crypto-risks-for-nigeria-as-global-market-surges-1511-in-five-years/ https://nairametrics.com/2025/07/09/imf-flags-cross-border-crypto-risks-for-nigeria-as-global-market-surges-1511-in-five-years/#respond Wed, 09 Jul 2025 16:20:37 +0000 https://nairametrics.com/?p=518801 The International Monetary Fund (IMF) has raised red flags over Nigeria’s growing use of crypto assets for cross-border transactions, citing substantial risks to capital flow management, monetary stability, and regulatory effectiveness—especially in emerging markets. 

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]]> https://nairametrics.com/2025/07/09/imf-flags-cross-border-crypto-risks-for-nigeria-as-global-market-surges-1511-in-five-years/feed/ 0 518801 Trump courts African mineral-rich nations, snubs Nigeria and South Africa in strategic White House summit  https://nairametrics.com/2025/07/09/trump-courts-african-mineral-rich-nations-snubs-nigeria-and-south-africa-in-strategic-white-house-summit/ https://nairametrics.com/2025/07/09/trump-courts-african-mineral-rich-nations-snubs-nigeria-and-south-africa-in-strategic-white-house-summit/#respond Wed, 09 Jul 2025 15:56:34 +0000 https://nairametrics.com/?p=518800 U.S. President Donald Trump is set to host a select group of African leaders this week at the White House, focusing on expanding American access to critical minerals and natural resources.  

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]]> https://nairametrics.com/2025/07/09/trump-courts-african-mineral-rich-nations-snubs-nigeria-and-south-africa-in-strategic-white-house-summit/feed/ 0 518800 Senate passes 2025 Electricity Act Amendment Bill for second reading to address sector collapse  https://nairametrics.com/2025/07/09/senate-passes-2025-electricity-act-amendment-bill-for-second-reading-to-address-sector-collapse/ https://nairametrics.com/2025/07/09/senate-passes-2025-electricity-act-amendment-bill-for-second-reading-to-address-sector-collapse/#respond Wed, 09 Jul 2025 15:39:18 +0000 https://nairametrics.com/?p=518799 The Senate has passed the Electricity Act (Amendment) Bill, 2025 through second reading, as part of efforts to rescue Nigeria’s struggling power sector from imminent collapse. 

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]]> https://nairametrics.com/2025/07/09/senate-passes-2025-electricity-act-amendment-bill-for-second-reading-to-address-sector-collapse/feed/ 0 518799 NECO releases 2025 BECE results, fixes July 23–24 for re-sit exams nationwide  https://nairametrics.com/2025/07/09/neco-releases-2025-bece-results-fixes-july-23-24-for-re-sit-exams-nationwide/ https://nairametrics.com/2025/07/09/neco-releases-2025-bece-results-fixes-july-23-24-for-re-sit-exams-nationwide/#respond Wed, 09 Jul 2025 14:24:16 +0000 https://nairametrics.com/?p=518798 The National Examinations Council (NECO) has announced the official release of the 2025 Basic Education Certificate Examination (BECE) results written between May 12 and May 23, 2025, across the country. 

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]]> https://nairametrics.com/2025/07/09/neco-releases-2025-bece-results-fixes-july-23-24-for-re-sit-exams-nationwide/feed/ 0 518798 NECO begins 2025 SSCE External registration across Nigeria, sets September 18 deadline  https://nairametrics.com/2025/07/09/neco-begins-2025-ssce-external-registration-across-nigeria-sets-september-18-deadline/ https://nairametrics.com/2025/07/09/neco-begins-2025-ssce-external-registration-across-nigeria-sets-september-18-deadline/#respond Wed, 09 Jul 2025 13:01:14 +0000 https://nairametrics.com/?p=518795 The National Examinations Council (NECO) has officially opened registration for the 2025 Senior School Certificate Examination (SSCE) External for candidates outside the formal school system.  

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]]> https://nairametrics.com/2025/07/09/neco-begins-2025-ssce-external-registration-across-nigeria-sets-september-18-deadline/feed/ 0 518795 From scarcity to success: How Grace Ofure Ibhakhomu became Africa’s real estate tech trailblazer  https://nairametrics.com/2025/07/09/from-scarcity-to-success-how-grace-ofure-ibhakhomu-became-africas-real-estate-tech-trailblazer/ https://nairametrics.com/2025/07/09/from-scarcity-to-success-how-grace-ofure-ibhakhomu-became-africas-real-estate-tech-trailblazer/#respond Wed, 09 Jul 2025 12:34:26 +0000 https://nairametrics.com/?p=518790 The story of Grace Ofure Ibhakhomu is one of determination, resilience, and visionary leadership — a journey that began in scarcity and culminated in global success as she broke barriers in the world of real estate and technology. 

The post From scarcity to success: How Grace Ofure Ibhakhomu became Africa’s real estate tech trailblazer  appeared first on Nairametrics.

]]> https://nairametrics.com/2025/07/09/from-scarcity-to-success-how-grace-ofure-ibhakhomu-became-africas-real-estate-tech-trailblazer/feed/ 0 518790 C&I Leasing Plc marks another gaint stride following the release of its 2024 annual report https://nairametrics.com/2025/07/09/ci-leasing-plc-marks-another-gaint-stride-following-the-release-of-its-2024-annual-report/ https://nairametrics.com/2025/07/09/ci-leasing-plc-marks-another-gaint-stride-following-the-release-of-its-2024-annual-report/#respond Wed, 09 Jul 2025 12:27:17 +0000 https://nairametrics.com/?p=518788 C&I Leasing Plc is once more in the market spotlight, achieving strategic victories as its build-up to its forthcoming Annual General Meeting (AGM) goes into full swing. 

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]]> https://nairametrics.com/2025/07/09/ci-leasing-plc-marks-another-gaint-stride-following-the-release-of-its-2024-annual-report/feed/ 0 518788 NIN database grows by 7 million in half-year 2025 as NIMC targets 95% coverage  https://nairametrics.com/2025/07/09/nin-database-grows-by-7-million-in-half-year-2025-as-nimc-targets-95-coverage/ https://nairametrics.com/2025/07/09/nin-database-grows-by-7-million-in-half-year-2025-as-nimc-targets-95-coverage/#respond Wed, 09 Jul 2025 11:32:58 +0000 https://nairametrics.com/?p=518787 The National Identification Number (NIN) database being managed by the National Identity Management Commission (NIMC) grew by seven million in the first half of 2025 as the Commission races to register 95% of Nigerians by year-end. 

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]]> https://nairametrics.com/2025/07/09/nin-database-grows-by-7-million-in-half-year-2025-as-nimc-targets-95-coverage/feed/ 0 518787