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Day: December 12, 2025

E-Invoicing in Nigeria: Is FIRS Revolutionizing Real-Time Tax Monitoring?
BusinessLocalTechnology

E-Invoicing in Nigeria: Is FIRS Revolutionizing Real-Time Tax Monitoring?

Nigeria is taking a bold step in modernizing tax administration with the introduction of e-invoicing through the Federal Inland Revenue…

byayotilewaDecember 12, 2025
Nigeria Aims for Trillion-Dollar Economy Through 3MTT Digital Talent Program
LocalTechnology

Nigeria Aims for Trillion-Dollar Economy Through 3MTT Digital Talent Program

The Federal Government of Nigeria is ramping up efforts to transform the nation into a trillion-dollar economy by strategically investing…

byayotilewaDecember 12, 2025
Nigeria’s Fuel Import Bill Hits N1.28 Trillion in Q3 2025 Amid Rising Domestic Refining Hopes
BusinessEnergyLocal

Nigeria’s Fuel Import Bill Hits N1.28 Trillion in Q3 2025 Amid Rising Domestic Refining Hopes

Nigeria spent a staggering N1.28 trillion on fuel imports in the third quarter of 2025, according to data released by…

byayotilewaDecember 12, 2025
Nigeria Issues First Gas Trading Licence to Boost Market Transparency and Liquidity
BusinessEnergyLocal

Nigeria Issues First Gas Trading Licence to Boost Market Transparency and Liquidity

Nigeria has taken a major step to modernize its domestic gas market by issuing the country’s first Gas Trading Licence…

byayotilewaDecember 12, 2025
OpenAI Unveils GPT-5.2 to Challenge Google’s AI Dominance
InternationalTechnology

OpenAI Unveils GPT-5.2 to Challenge Google’s AI Dominance

OpenAI has officially launched GPT-5.2, its latest AI model, in a strategic move to counter mounting competition from Google’s Gemini…

byayotilewaDecember 12, 2025
Expansion of Asset Classes in ISA 2025 Set to Boost Nigerian Capital Market, Says CSCS
BusinessFinanceLocal

Expansion of Asset Classes in ISA 2025 Set to Boost Nigerian Capital Market, Says CSCS

The Central Securities Clearing System (CSCS) Plc has hailed the recent expansion of recognised asset classes under the Investment and…

byayotilewaDecember 12, 2025
BERGER Paints, JAPAULGOLD Lead Gains as Nigerian All-Share Index Rebounds to N94 Trillion
BusinessLocalStock

BERGER Paints, JAPAULGOLD Lead Gains as Nigerian All-Share Index Rebounds to N94 Trillion

The Nigerian All-Share Index (ASI) surged on December 11, 2025, closing at 147,950.59 points, a gain of 1,088.58 points or…

byayotilewaDecember 12, 2025
MTN Leads Market Rally as Nigerian Stocks Gain N694 Billion
BusinessLocalStock

MTN Leads Market Rally as Nigerian Stocks Gain N694 Billion

Equities on the Nigerian Stock Exchange rebounded strongly yesterday, led by gains in MTN Nigeria Communications and 30 other prominent…

byayotilewaDecember 12, 2025
Nigerian Equity Market Rebounds with N694 Billion Gain as Investors Return
BusinessFinanceLocal

Nigerian Equity Market Rebounds with N694 Billion Gain as Investors Return

The Nigerian equity market staged a strong rebound on Thursday, recovering N694 billion after a week of losses as investors…

byayotilewaDecember 12, 2025
Naira Holds Steady at N1,950/£1 as British Pound Faces Economic Pressure
BusinessLocalMacroeconomic

Naira Holds Steady at N1,950/£1 as British Pound Faces Economic Pressure

The Nigerian naira has shown resilience against the British pound, trading at N1,950/£1 in the official market. This represents a…

byayotilewaDecember 12, 2025
CBN Tightens Oversight as Nigerian Banks Boost Capital to Strengthen Financial Stability
BankingBusinessLocal

CBN Tightens Oversight as Nigerian Banks Boost Capital to Strengthen Financial Stability

Nigerian banks are stepping up their capital base as the Central Bank of Nigeria (CBN) enforces stricter oversight to maintain…

byayotilewaDecember 12, 2025
SEC Calls on Banks to Mobilize Capital for Nigeria’s Gas Trading Revolution
EnergyinvestmentLocal

SEC Calls on Banks to Mobilize Capital for Nigeria’s Gas Trading Revolution

The Securities and Exchange Commission (SEC) has called on Nigerian banks, insurers, and asset managers to mobilize capital to strengthen…

byayotilewaDecember 12, 2025
Google and CyberSafe Foundation Launch Resilio Africa to Protect 2 Million People from Cyberattacks
InternationalTechnology

Google and CyberSafe Foundation Launch Resilio Africa to Protect 2 Million People from Cyberattacks

The CyberSafe Foundation, supported by Google.org, has announced the launch of Resilio Africa, a three-year initiative designed to bolster cybersecurity…

byayotilewaDecember 12, 2025
World Launches ‘Super App’ with Encrypted Chat and Crypto Payments
InternationalTechnology

World Launches ‘Super App’ with Encrypted Chat and Crypto Payments

World, the biometric ID verification project co-founded by Sam Altman, has officially launched the newest version of its app, introducing…

byayotilewaDecember 12, 2025
AI Key to Unlocking Africa’s $3.4tn AfCFTA Market, Experts Say
BusinessLocalTechnology

AI Key to Unlocking Africa’s $3.4tn AfCFTA Market, Experts Say

Artificial intelligence (AI) is set to be the driving force behind the African Continental Free Trade Area (AfCFTA), reshaping cross-border…

byayotilewaDecember 12, 2025
Nigeria’s Trade Surplus Hits N6.69tn in Q3 2025 as Exports Outpace Imports
BusinessLocalMacroeconomic

Nigeria’s Trade Surplus Hits N6.69tn in Q3 2025 as Exports Outpace Imports

Nigeria posted a trade surplus of N6.69 trillion in the third quarter of 2025, reflecting a 27.29% year-on-year growth and…

byayotilewaDecember 12, 2025
European Markets Rise as Swiss Central Bank Holds Rates at 0% Amid Cooling Inflation
BusinessInternationalMacroeconomic

European Markets Rise as Swiss Central Bank Holds Rates at 0% Amid Cooling Inflation

European stocks closed higher on Thursday as investors weighed the U.S. Federal Reserve’s latest rate cut and the Swiss National…

byayotilewaDecember 12, 2025
Nigeria’s Oil Output Rises by 35,000 bpd in November as Production Recovery Strengthens
BusinessEnergyLocal

Nigeria’s Oil Output Rises by 35,000 bpd in November as Production Recovery Strengthens

Nigeria recorded one of its strongest month-on-month production boosts in 2025, as crude output climbed to 1.436 million barrels per…

byayotilewaDecember 12, 2025
Reps Push Major Reforms to Strengthen Transparency and Oversight at CBN
BankingBusinessLocalPolitics

Reps Push Major Reforms to Strengthen Transparency and Oversight at CBN

The House of Representatives has begun formal steps to overhaul the Central Bank of Nigeria (CBN) Act, seeking stronger transparency,…

byayotilewaDecember 12, 2025
Dangote Refinery Receives Second Ghana Crude Shipment as Maintenance Cuts Intake
BusinessEnergyLocal

Dangote Refinery Receives Second Ghana Crude Shipment as Maintenance Cuts Intake

The Dangote Petroleum Refinery has received its second crude oil shipment from Ghana, strengthening its shift toward West African feedstocks…

byayotilewaDecember 12, 2025

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