Asian Markets Rise on US Inflation Ease, BoJ in Focus
Asian markets closed higher as softer US inflation data fueled rate cut hopes. Micron's strong earnings eased tech bubble fears. The Bank of Japan's rate decision is key.
Category : Search result: Owerri markets
Imo woman remanded for burning 5-year-old maid's body
A 38-year-old businesswoman in Owerri has been remanded for allegedly burning her maid's private parts with a candle and scalding her hands. The child is receiving treatment. Read the full story.
Asian Markets Sink on AI Bubble Fears, Tracking Wall Street
Asian markets dropped Thursday, mirroring a Wall Street sell-off fueled by fears of an AI investment bubble. Tech giants tumbled as oil prices rose amid Venezuela tensions. Get the latest market analysis.
Cessna 172 Crashes at Owerri Airport, No Fatalities
A Skypower Express Cessna 172 crashed at Sam Mbakwe Airport, Owerri. All four onboard survived. NSIB has launched an investigation into the incident. Read the latest details.
Plane Somersaults at Owerri Airport, 4 Injured
A Skypower Express Cessna 172 somersaulted at Sam Mbakwe Airport in Owerri. The NSIB confirms four occupants were hospitalised. Details on the emergency diversion emerge.
UNCTAD: 2025 Global Trade to Surpass $35 Trillion
UNCTAD projects global trade will exceed $35 trillion in 2025, driven by emerging markets. However, growth is expected to slow in 2026. Read the full analysis.
Asian Markets Drift, Oil Up on Venezuela Blockade
Asian equities showed mixed performance as US jobs data failed to boost rate cut expectations. Oil prices surged over 1% after Trump ordered a blockade of Venezuelan tankers. Get the latest market analysis.
Cessna 172 Crashes at Owerri Airport, No Fatalities
A Skypower Express Cessna 172 crashed at Sam Mbakwe Airport, Owerri. All four onboard survived. NSIB has launched an investigation into the incident. Read the latest details.
Asian Markets Retreat on US Jobs Data, Tech Worries
Asian markets extended losses Tuesday ahead of key US jobs data, with tech sector jitters and Fed rate cut uncertainty weighing on investor sentiment. Key indexes in Tokyo, Hong Kong, and Shanghai all fell over 1%. Read the full analysis.
Asian stocks falter ahead of expected US Fed rate cut
Asian equities drifted lower as investors await a likely US interest rate cut. Debate intensifies on whether the Federal Reserve can sustain easing into 2026 amid stubborn inflation.
Boris Johnson, Ban Ki-moon, Dangote Attend Imo Summit
Imo State hosts a high-profile Economic Summit with global leaders like Boris Johnson and Aliko Dangote. Dangote announces major fertilizer investment plans. Discover the key outcomes.
Asian markets cautious ahead of US data, Fed rate call
Asian markets closed the week with mixed results as investors await key US inflation data and the Federal Reserve's interest rate decision next week. Get the latest market analysis and figures.
Imo Hosts Major West African Economic Summit
Imo State hosts the Imo Invest Summit 2025, a major West African economic gathering featuring global leaders like Ban Ki-moon and President Boakai. The event aims to unlock investment in energy, tech, and infrastructure. Read more.
Turkey Warns Moscow, Kyiv on Energy Infrastructure
Turkey's Energy Minister warns Russia and Ukraine against targeting energy facilities after Black Sea drone attacks. Disruption would hit global markets and daily lives. Read more.
Asian Markets Struggle to Hold Fed-Inspired Rally
Asian markets lost early gains despite strong Fed rate cut bets. Tokyo rose, but Hong Kong, Shanghai, and Seoul fell. Get the latest on global market volatility.
Police Arrest Two with Fireworks, Explosives in Imo
Imo State Police have arrested Opara Evans and Chinedum Stanley for possessing banned fireworks and explosives in Owerri markets. Authorities warn against violations ahead of the festive season.
Asian Markets Up Ahead of US Jobs, Inflation Data
Most Asian markets gained Wednesday, tracking Wall Street, as investors await crucial US jobs and inflation data that will shape the Federal Reserve's rate decision next week. Read more.
14 Kidnapped on Owerri-Aba Road, Imo State
Gunmen abducted 14 passengers in Ngor Okpala, Imo State. A separate kidnap attack left a Lexus SUV destroyed. Watch the shocking videos and get the full details.
Asian Markets Rise as US Rate Cut Bets Ease Japan Bond Fears
Asian stocks climbed Tuesday as weak US data fueled Fed rate cut optimism, offsetting concerns over rising Japanese bond yields. Samsung Electronics surged over 2% on its new triple-fold phone launch.
Asian markets mixed ahead of key US data, Fed decision
Asian markets showed mixed performance as investors await crucial US economic data that could influence the Federal Reserve's expected interest rate cut next week. Oil prices surged on OPEC+ output decision.
OPEC+ Likely to Maintain Current Oil Production Levels
OPEC+ ministers are expected to keep oil output unchanged in Sunday's online meeting amid price uncertainty. Analysts predict no major market changes as group watches Ukraine talks.
Asian markets pause as investors eye Fed rate cuts
Asian markets took a breather after a strong rally, with focus on upcoming US economic data and the high probability of a December interest rate cut by the Federal Reserve.
Dangote Refinery Denies Exporting Off-Spec Diesel
Dangote Refinery refutes claims of exporting substandard diesel to Europe as market sources cite quality issues. Learn about the specifications debate and regional market shifts.
ECB Warns on AI Bubble and Eurozone Debt Risks
European Central Bank warns AI valuations may be overstretched and sovereign debt levels threaten financial stability. Learn how this affects global markets.
Asian Stocks Extend Rally as Fed Rate Cut Hopes Grow
Asian markets continue global rally as weak US data fuels Federal Reserve rate cut expectations. Trump's potential Fed pick Kevin Hassett adds to investor optimism. Tokyo and Seoul lead gains.
Makinde opens 4th ultramodern market in Oyo
Governor Seyi Makinde commissions Omituntun Ultramodern Market in Omi Adio, featuring 406 shops and 56 stalls. The project aims to transform trading in Oyo State.
Asian Markets Advance on Fed Rate Cut Expectations
Asian markets surge as Federal Reserve officials signal December rate cut. Tech stocks lead rally while weakening labor market shifts Fed focus from inflation concerns.
Rice Prices Drop 40% in Nigerian Markets
Nigerian consumers rejoice as rice prices plummet from N95,000 to N55,000 per bag due to increased local production and imports. Traders face losses while experts warn the relief may be temporary.
Man Flies Air Peace to UK to Join Wife, Video Goes Viral
A Nigerian man's heartwarming journey to the UK via Air Peace to reunite with his British wife has gone viral on TikTok. Watch the emotional reunion and read his inspiring love story.
NALDA Monitors 20,000 Plantations for Carbon Markets
NALDA unveils carbon roadmap at COP 30, placing 20,000 hectares under MRV system to tap into voluntary carbon markets while boosting food security and rural incomes.
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