Chris Ugwu

4 days ago | thewhistler.ng | Chris Ugwu

[mc4wp_form id=33047] A sharp drop in global oil prices, aggravated by deepening trade tensions between the United States and China, could cost Nigeria an estimated ₦1.8tn in lost revenue in 2025, analysts at BMI, a Fitch Solutions company, have warned. The analysts say the projected shortfall—equivalent to 4.8 per cent of Nigeria’s 2025 federal revenue estimate—could severely undermine the Federal Government’s economic and security reform ambitions.

5 days ago | thewhistler.ng | Chris Ugwu

[mc4wp_form id=33047] The Debt Management Office (DMO) has opened the subscription window for the June 2025 issuance of the Federal Government of Nigeria (FGN) Savings Bonds, offering attractive annual interest rates of 16.121 per cent and 17.121 per cent for two- and three-year tenors, respectively. This offering presents a fresh opportunity for retail investors, including individuals and institutions, to earn competitive fixed returns on low-risk government-backed securities.

5 days ago | thewhistler.ng | Chris Ugwu

[mc4wp_form id=33047] Microsoft has called on Nigeria to urgently prioritise artificial intelligence (AI) as a national development strategy, positioning the technology as a powerful tool for addressing widespread socio-economic challenges and reducing inequality. This appeal follows the launch of a comprehensive new white paper titled “AI in Nigeria”, produced by Microsoft in collaboration with PwC Nigeria and Lagos Business School.

6 days ago | thewhistler.ng | Chris Ugwu

[mc4wp_form id=33047] A new report from global professional services firm EY has found that the consumer products (CP) industry is under mounting pressure from capital markets, prompting a significant shift toward mergers and acquisitions as companies seek to drive growth and restore investor confidence.

6 days ago | thewhistler.ng | Chris Ugwu

[mc4wp_form id=33047] The Nigerian equities market delivered a strong performance in May 2025, with investors recording a cumulative gain of ₦3.97tn, driven by a 5.62 per cent month-to-date (MTD) rise in the All-Share Index (ASI) of the Nigerian Exchange Limited (NGX). This surge reflects growing domestic investor confidence, bolstered by favorable policy direction, a wave of strategic fundraising activities by banks, and diminishing appeal of alternative investment vehicles.