Search

Qualcomm revenue of $10.44bn beat estimates but next-quarter guidance undershot, cutting its price targets and fuelling a chip rout.

Seplat Energy closed unchanged at ₦16,000.10 on Monday, October 26, pausing a year-to-date run that has delivered roughly 175% gains and made the oil and gas producer one of the Nigerian Exchange’s best-performing blue chips in 2026.

A memory-chip shortage driven by artificial intelligence data centres is pushing up smartphone prices and shrinking the sub-$100 segment that millions of Africans rely on to get online, with shipments of the cheapest devices falling sharply.