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US Treasury Seeks Dealer Input on Quantitative Tightening Timeline and 20-Year Bond Auction Tweaks Amid Surging Debt Concerns As the Federal Reserve’s balance sheet shrinks under ongoing quantitative tightening, the U.S. Treasury is turning to Wall Street for crucial insights. In a fresh survey released Friday, officials asked primary dealers about the expected end of … Read more
In a move that’s buzzing across global business circles, veteran Nigerian broadcaster Frank Edoho is stepping up to host the highly anticipated Masters of Industry (MOI) Awards 2025. This black-tie gala promises to spotlight Africa’s rising stars, drawing eyes from the U.S. to the vibrant streets of Lagos. The event, themed “Trailblazers of a Rising … Read more
AGF Fagbemi Addresses Public Fears: Presidential Clemency Process Still Under Strict Review Amid Nigeria’s Justice Backlash Public outcry erupted across Nigeria this week after reports surfaced of President Bola Tinubu granting clemency to high-profile convicts, including those jailed for murder and drug trafficking. Now, the nation’s top legal officer steps in to calm the storm, … Read more
Top 10 Most Affordable States to Live in Nigeria in September 2025: Where Your Naira Stretches Furthest Nigeria’s economy in 2025 has been a rollercoaster, with inflation easing to 18.02% nationally in September, but costs still biting hard for many households. If you’re scouting for spots where rent, food, and daily essentials won’t drain your … Read more
Sono-Tek Q2 2026 Earnings Call Transcript Reveals Steady Growth in Ultrasonic Coating Tech, Stock Jumps 5% Amid Semiconductor Boom In a market hungry for resilient tech innovators, Sono-Tek Corporation just dropped a bombshell earnings report that has Wall Street buzzing. The ultrasonic coating pioneer posted record first-half revenue, fueling a sharp stock surge and spotlighting … Read more
US Office Delinquency Spike Hits 8.12% as New York city Loan Default Fuels CRE Crisis, Fitch Warns New york city loan: The commercial real estate world just took another gut punch. In a stark sign of the deepening CRE crisis, the US office delinquency rate surged 42 basis points to 8.12% in September, propelled by … Read more
Nigeria’s Staffing Crisis Hits Critical: Hamthel Holdings CEO Ezeonu Labels Talent Shortage as Top Business Killer Amid Economic Squeeze Envision boardrooms across Lagos emptying out as skilled pros chase borders for better pay— a silent exodus that’s strangling Nigeria’s corporate pulse. Hamthel Holdings CEO Hamilton Ezeonu just sounded the alarm, dubbing this staffing meltdown the … Read more
Legend Internet Secures Investment-Grade Bbb- Long-Term Rating from Agusto & Co: Nigerian Broadband Giant Eyes Explosive Growth In a major win for Africa’s digital frontier, Legend Internet Plc just clinched its first-ever investment-grade ratings, signaling robust confidence in Nigeria’s burgeoning broadband sector amid global tech shifts. The Legend Internet investment grade rating from Agusto & … Read more
Orion S.A. Stock Plummets After Slashed 2025 Guidance Amid Tire Market Woes Orion S.A. (NYSE:OEC), a leading global carbon black supplier, sent shockwaves through investors as its stock price cratered following a drastic cut to its 2025 earnings outlook. The Houston-based company, grappling with a turbulent tire market, announced a grim forecast that sparked immediate … Read more
Nigeria’s automotive market in 2025 has indeed shown a notable shift toward high-end SUVs, driven by escalating import costs and economic pressures, as highlighted in recent reports. This trend reflects broader changes where importers prioritize luxury vehicles for better profit margins amid thinning viability for affordable models. However, the market is multifaceted, with a simultaneous … Read more