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Day: October 30, 2025

Ntel CEO Calls for Fintech-Telco Convergence to Power Nigeria’s Digital Economy
BusinessLocalTechnology

Ntel CEO Calls for Fintech-Telco Convergence to Power Nigeria’s Digital Economy

Soji Maurice-Diya, chief executive officer of Nigerian Telecommunications Ltd. (ntel), has called for stronger collaboration between Nigeria’s telecommunications and financial…

byayotilewaOctober 30, 2025
CBN May Backtrack on Fixed-Income Market Control as Nigeria Reviews Policy Shift
BusinessEconomyLocal

CBN May Backtrack on Fixed-Income Market Control as Nigeria Reviews Policy Shift

Nigeria’s plan to let the Central Bank of Nigeria (CBN) take over control of the nation’s fixed-income market may soon…

byayotilewaOctober 30, 2025
BVI Court Orders Ex-Seplat Chairman Orjiako to Pay $220 Million in Landmark Debt Enforcement Ruling
BankingBusinessEnergyInternational

BVI Court Orders Ex-Seplat Chairman Orjiako to Pay $220 Million in Landmark Debt Enforcement Ruling

In a landmark decision that has sent ripples across international financial and legal communities, the British Virgin Islands (BVI) Commercial…

byayotilewaOctober 30, 2025
NAICOM, FRSC Partner to Enforce Third-Party Motor Insurance Nationwide
BusinessLocal

NAICOM, FRSC Partner to Enforce Third-Party Motor Insurance Nationwide

The National Insurance Commission (NAICOM) and the Federal Road Safety Corps (FRSC) have joined forces to strengthen the enforcement of…

byayotilewaOctober 30, 2025
FG Launches Automated Customs Payment System to Revolutionize Parcel Clearance in Nigeria
BusinessLocalTechnology

FG Launches Automated Customs Payment System to Revolutionize Parcel Clearance in Nigeria

The Federal Government has unveiled the Nigerian Postal Service (NIPOST) Automated Payment Solution, a digital platform designed to simplify customs…

byayotilewaOctober 30, 2025
FG’s $2.5bn investments drive seen lifting dairy farming
AgricultureBusinessLocal

FG’s $2.5bn investments drive seen lifting dairy farming

President Bola Tinubu has announced that Nigeria has secured $2.5 billion in investments to establish six modern meat-processing factories across…

byayotilewaOctober 30, 2025October 30, 2025
JUST IN: Eurozone growth beats expectations in third quarter
BusinessInternationalMarket

JUST IN: Eurozone growth beats expectations in third quarter

The eurozone economy grew faster than expected in the third quarter of 2025, official data showed Thursday. The EU’s data…

byayotilewaOctober 30, 2025
JUST IN: Tinubu okays 15% import duty on petrol, diesel
BusinessEnergyLocal

JUST IN: Tinubu okays 15% import duty on petrol, diesel

President Bola Tinubu has approved the introduction of a 15 per cent ad-valorem import duty on imported petrol and diesel,…

byayotilewaOctober 30, 2025
What we’re doing to get Nigeria’s refineries back on track — NNPC’s Ojulari
BusinessEnergyLocal

What we’re doing to get Nigeria’s refineries back on track — NNPC’s Ojulari

The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Engr. Bashir Bayo Ojulari, has…

byayotilewaOctober 30, 2025
Bank of Ghana Confident Inflation Will Drop Further by Year-End as Cedi Strengthens
BusinessLocalMacroeconomic

Bank of Ghana Confident Inflation Will Drop Further by Year-End as Cedi Strengthens

The Bank of Ghana (BoG) is expressing optimism that inflation will continue to fall before the end of 2025, building…

byayotilewaOctober 30, 2025
Cooking Gas Price Surge Threatens Nigeria’s Clean Energy Transition Goals
BusinessEnergyLocal

Cooking Gas Price Surge Threatens Nigeria’s Clean Energy Transition Goals

The sharp and persistent surge in cooking gas prices across Nigeria is endangering the country’s clean energy transition agenda. With…

byayotilewaOctober 30, 2025
Seplat Energy’s $1.1 Billion Earnings Surge in Nine Months, Driven by Mobil Acquisition
BusinessEnergyLocal

Seplat Energy’s $1.1 Billion Earnings Surge in Nine Months, Driven by Mobil Acquisition

Seplat Energy Plc has delivered one of its strongest financial performances to date, reporting Earnings Before Interest, Taxes, Depreciation, and…

byayotilewaOctober 30, 2025October 30, 2025
NCC Partners with Swedfund to Secure Nigeria’s 5G Future and Strengthen Cyber Resilience
LocalTechnology

NCC Partners with Swedfund to Secure Nigeria’s 5G Future and Strengthen Cyber Resilience

The Nigerian Communications Commission (NCC) has signed a landmark partnership with Swedfund, Sweden’s Development Finance Institution, to bolster the security…

byayotilewaOctober 30, 2025
Nvidia becomes first US public firm to reach $5 Trillion valuation boosted by A.I. Boom
InternationalTechnology

Nvidia becomes first US public firm to reach $5 Trillion valuation boosted by A.I. Boom

Nvidia has made history by becoming the first U.S. publicly traded company to reach a $5 trillion market valuation, marking…

byayotilewaOctober 30, 2025October 30, 2025
Economists Urge CBN to Introduce ₦10,000 and ₦20,000 Notes to Restore Naira’s Value
BusinessFinanceLocal

Economists Urge CBN to Introduce ₦10,000 and ₦20,000 Notes to Restore Naira’s Value

Nigeria’s weakening currency may soon require a major policy rethink, as a new report by Quartus Economics has urged the…

byayotilewaOctober 30, 2025
BusinessInternationalMarket

European stock markets opened in negative territory on Thursday as investors braced for a packed day of economic updates, major…

byayotilewaOctober 30, 2025
NITDA Urges States to Drive Nigeria’s 70% Digital Literacy Target by 2027
LocalTechnology

NITDA Urges States to Drive Nigeria’s 70% Digital Literacy Target by 2027

The National Information Technology Development Agency (NITDA) has urged state governments to play a more active role in achieving Nigeria’s…

byayotilewaOctober 30, 2025
World Bank Forecasts Sharp Decline in Global Commodity Prices as Oil Surplus Expands
BusinessEnergyLocal

World Bank Forecasts Sharp Decline in Global Commodity Prices as Oil Surplus Expands

Global commodity prices are projected to drop to their lowest levels in six years by 2026, extending a four-year slump,…

byayotilewaOctober 30, 2025
NGX Group Market Capitalisation Soars 37.7% to ₦141.75 Trillion Amid Rising Investor Confidence
BusinessLocalMarket

NGX Group Market Capitalisation Soars 37.7% to ₦141.75 Trillion Amid Rising Investor Confidence

The Nigerian Exchange Group (NGX) has reported a significant 37.7% growth in its market capitalisation, climbing to ₦141.75 trillion as…

byayotilewaOctober 30, 2025

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