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Day: December 3, 2025

Nigeria’s Cash Demand Hits N4.65 Trillion as Currency Circulation Surges
BankingBusinessFinanceLocal

Nigeria’s Cash Demand Hits N4.65 Trillion as Currency Circulation Surges

Nigeria’s appetite for physical cash has surged once again, with Currency Outside Banks (COB) rising to N4.65 trillion in October,…

byayotilewaDecember 3, 2025
Nigeria Targets $10 Billion Investment from 50 Oil Blocks to Boost 400,000 BPD Output
BusinessEnergyLocal

Nigeria Targets $10 Billion Investment from 50 Oil Blocks to Boost 400,000 BPD Output

Nigeria is set to lease 50 oil blocks to investors in a bid to raise $10 billion and increase oil…

byayotilewaDecember 3, 2025
Nigerian Stock Market Hits 5-Year Low Amid Portfolio Realignment and CGT Uncertainty
BusinessFinanceLocal

Nigerian Stock Market Hits 5-Year Low Amid Portfolio Realignment and CGT Uncertainty

The Nigerian stock market experienced its sharpest monthly loss in five years in November, as uncertainty over the Capital Gains…

byayotilewaDecember 3, 2025
NGX Surges N1.3 Trillion as Yuletide Rally Boosts Investor Confidence
BusinessLocalStock

NGX Surges N1.3 Trillion as Yuletide Rally Boosts Investor Confidence

Trading activity on the Nigerian Exchange Limited (NGX) picked up momentum yesterday, driven by expectations of a year-end yuletide rally.…

byayotilewaDecember 3, 2025
Ghana FDI Hits $378M in Q3 2025 as Manufacturing Leads Investment Surge
BusinessInternationalinvestment

Ghana FDI Hits $378M in Q3 2025 as Manufacturing Leads Investment Surge

Foreign direct investment (FDI) inflows into Ghana reached $378 million in the third quarter of 2025, with the manufacturing sector…

byayotilewaDecember 3, 2025
FG Launches $100 Million Equity Investment Scheme to Boost Nigerian Oil Companies
BusinessEnergyLocal

FG Launches $100 Million Equity Investment Scheme to Boost Nigerian Oil Companies

The Federal Government has announced a $100 million equity investment scheme to strengthen the capacity of Nigerian companies operating in…

byayotilewaDecember 3, 2025
Nigeria’s Business Confidence Index Hits 111.3 as Key Sectors Expand in October 2025
BusinessLocalMacroeconomic

Nigeria’s Business Confidence Index Hits 111.3 as Key Sectors Expand in October 2025

Nigeria’s business climate continued to show promising signs of recovery in October 2025, with the Business Confidence Index (BCI) rising…

byayotilewaDecember 3, 2025
Nigerian Crude Oil Surges Above $65 Amid Geopolitical Tensions and OPEC+ Decisions
BusinessEnergyLocal

Nigerian Crude Oil Surges Above $65 Amid Geopolitical Tensions and OPEC+ Decisions

Nigerian crude oil prices climbed above the $65 per barrel mark on Monday, driven by growing geopolitical tensions and supply…

byayotilewaDecember 3, 2025
Nigeria Stock Market Rebounds: Dangote Cement Spurs NGX 1.20% Gain
BusinessLocalStock

Nigeria Stock Market Rebounds: Dangote Cement Spurs NGX 1.20% Gain

Nigeria’s equities market staged a strong recovery on Tuesday, December 2, 2025, as the Nigerian Exchange Group (NGX) All Share…

byayotilewaDecember 3, 2025
Google Tests Merging AI Overviews with AI Mode in Search for Seamless Conversational Experience
InternationalTechnology

Google Tests Merging AI Overviews with AI Mode in Search for Seamless Conversational Experience

Google is experimenting with a new feature that blends its AI Overviews with AI Mode in Search, making it easier…

byayotilewaDecember 3, 2025
Amazon Launches On-Premises ‘AI Factories’ with Nvidia to Boost Corporate Data Control
InternationalTechnology

Amazon Launches On-Premises ‘AI Factories’ with Nvidia to Boost Corporate Data Control

Amazon is stepping up its AI offerings with the launch of “AI Factories,” a new on-premises solution designed for large…

byayotilewaDecember 3, 2025
Nigeria Becomes a Growing Hub for French Investment in Finance, Technology, and Agriculture
BusinessInternationalinvestment

Nigeria Becomes a Growing Hub for French Investment in Finance, Technology, and Agriculture

Nigeria is rapidly establishing itself as a key destination for French investment, with companies showing increased interest in sectors such…

byayotilewaDecember 3, 2025
CBN Revises Cash Withdrawal Limits: What Nigerians Must Know About January 2026 Changes
BankingBusinessLocal

CBN Revises Cash Withdrawal Limits: What Nigerians Must Know About January 2026 Changes

The Central Bank of Nigeria (CBN) has announced major revisions to its cash withdrawal policies, set to take effect from…

byayotilewaDecember 3, 2025
CBN Dollar Intervention: Naira Settles at N1,447 as Central Bank Injects $537 Million
BusinessFinanceLocal

CBN Dollar Intervention: Naira Settles at N1,447 as Central Bank Injects $537 Million

The Central Bank of Nigeria (CBN) intervened in the foreign exchange market with a total of $537 million in November,…

byayotilewaDecember 3, 2025
Nigerian tech firms’ multi-million dollar haul in 2025 fuels innovation across sectors
BusinessLocalTechnology

Nigerian tech firms’ multi-million dollar haul in 2025 fuels innovation across sectors

Nigeria’s tech ecosystem has continued to shine in 2025, with local and regional startups attracting significant multi-million dollar investments despite…

byayotilewaDecember 3, 2025
Nigeria Launches $100 Million Equity Fund to Boost Local Oil and Gas Producers
BusinessEnergyLocal

Nigeria Launches $100 Million Equity Fund to Boost Local Oil and Gas Producers

Nigeria is taking bold steps to strengthen its local oil and gas industry with the launch of a $100 million…

byayotilewaDecember 3, 2025
Nigerian Tech Firm Task Systems Wins Prestigious Microsoft Best Partner Award
BusinessinvestmentTechnology

Nigerian Tech Firm Task Systems Wins Prestigious Microsoft Best Partner Award

In a remarkable achievement for Nigeria’s tech industry, Task Systems Limited has been honoured with the Microsoft Best Partner Award…

byayotilewaDecember 3, 2025
European Stocks Set for Higher Open as Global Markets Rebound — Investors Eye Year-End Rally
BusinessInternationalMarket

European Stocks Set for Higher Open as Global Markets Rebound — Investors Eye Year-End Rally

European markets are poised for a positive start on Wednesday, lifted by renewed optimism across global trading floors. After a…

byayotilewaDecember 3, 2025
AI to Reshape 40% of Nigeria’s Job Skills by 2030, Fidelity Bank Executive Warns
LocalTechnology

AI to Reshape 40% of Nigeria’s Job Skills by 2030, Fidelity Bank Executive Warns

Fidelity Bank Executive Director for Lagos and the South-West, Ken Opara, has warned that artificial intelligence is set to reshape…

byayotilewaDecember 3, 2025
FG Contractors Renew Protests Over Unpaid N500bn Debt, Block Finance Ministry
BusinessEconomyFinanceLocal

FG Contractors Renew Protests Over Unpaid N500bn Debt, Block Finance Ministry

Local contractors under the All Indigenous Contractors Association of Nigeria on Tuesday returned to the Federal Ministry of Finance in…

byayotilewaDecember 3, 2025

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