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Day: January 5, 2026

Just in: NGX Market Capitalisation hits ₦100trn
BusinessLocalMarket

Just in: NGX Market Capitalisation hits ₦100trn

The Nigerian Exchange (NGX) Limited recorded a major milestone on Monday as its market capitalisation crossed the ₦100 trillion mark…

byayotilewaJanuary 5, 2026
Plaud Unveils AI-Powered NotePin S and Desktop Meeting Notetaker Ahead of CES 2026
InternationalTechnology

Plaud Unveils AI-Powered NotePin S and Desktop Meeting Notetaker Ahead of CES 2026

Plaud, the hardware innovator known for its smart meeting devices, has introduced its latest AI-powered notetaking tools ahead of CES…

byayotilewaJanuary 5, 2026
Ghanaian Tech Entrepreneur Freeman Faithful Carves a Niche in the UK Pet-Tech Industry
InternationalTechnology

Ghanaian Tech Entrepreneur Freeman Faithful Carves a Niche in the UK Pet-Tech Industry

At just 30, Ghanaian serial tech entrepreneur Freeman Faithful has lived multiple professional lives—student, tech consultant, cybersecurity engineer, and founder.…

byayotilewaJanuary 5, 2026
Africa Can Own and Manage Its Strategic Resources – Tony Elumelu on $500M Seplat Acquisition
BusinessEnergyLocal

Africa Can Own and Manage Its Strategic Resources – Tony Elumelu on $500M Seplat Acquisition

Tony Elumelu, Chairman of Heirs Energies, has reiterated Africa’s ability to own, develop, and responsibly manage its strategic resources. Speaking…

byayotilewaJanuary 5, 2026
European Stocks Rise as Maduro’s Capture Sends Global Markets Reacting
BusinessInternationalMarket

European Stocks Rise as Maduro’s Capture Sends Global Markets Reacting

European stocks opened higher on Monday as investors responded to the dramatic U.S. operation that captured Venezuelan President Nicolas Maduro…

byayotilewaJanuary 5, 2026
Nigeria Tax Reforms Spark Security Alert as NRS Warns Against Misinformation
LocalMacroeconomicPolitics

Nigeria Tax Reforms Spark Security Alert as NRS Warns Against Misinformation

The Chairman of the Nigeria Revenue Service (NRS), Dr. Zacch Adedeji, has put the nation’s security agencies on high alert…

byayotilewaJanuary 5, 2026
AI Investment Boom Could Drive Global Inflation in 2026, Experts Warn
FinanceInternationalTechnology

AI Investment Boom Could Drive Global Inflation in 2026, Experts Warn

Global stock markets are starting 2026 on a high, fueled by AI enthusiasm and strong corporate earnings. In the U.S.,…

byayotilewaJanuary 5, 2026
Nigeria’s Current Account Surplus Set to Reach $18.81 Billion in 2026 – CBN Forecast
BusinessEconomyFinanceLocal

Nigeria’s Current Account Surplus Set to Reach $18.81 Billion in 2026 – CBN Forecast

Nigeria’s current account balance is set to strengthen significantly in 2026, with the Central Bank of Nigeria (CBN) projecting a…

byayotilewaJanuary 5, 2026
NGX Premium Stocks Lead Market Gains in 2025: Seplat Posts Steady Returns Amid Strong Index Growth
BusinessLocalStock

NGX Premium Stocks Lead Market Gains in 2025: Seplat Posts Steady Returns Amid Strong Index Growth

The Nigerian Exchange (NGX) Premium Index closed 2025 on a high note, outpacing the broader All-Share Index with a remarkable…

byayotilewaJanuary 5, 2026
Ghana Stock Market Leads Africa in 2025 with 79% Gain
BusinessFinanceLocalStock

Ghana Stock Market Leads Africa in 2025 with 79% Gain

The Ghana Securities Exchange (GSE) Composite Index has claimed the title of Africa’s best-performing stock market in 2025, leaving Nigeria’s…

byayotilewaJanuary 5, 2026
Dangote Refinery’s Free Petrol Delivery Set to Drive Down Pump Prices Nationwide
BusinessEnergyLocal

Dangote Refinery’s Free Petrol Delivery Set to Drive Down Pump Prices Nationwide

Nigerian motorists may soon breathe a sigh of relief as Dangote Refinery finalizes plans to distribute petrol for free to…

byayotilewaJanuary 5, 2026
Nigeria’s Rising Debt Driven by Exchange Rate Shifts, Not New Borrowing – Budget Office
BusinessEconomyLocal

Nigeria’s Rising Debt Driven by Exchange Rate Shifts, Not New Borrowing – Budget Office

Nigeria’s soaring debt figures are largely the result of exchange-rate revaluation of existing foreign-currency obligations rather than fresh borrowing, the…

byayotilewaJanuary 5, 2026
Cash Circulation Stabilizes in Nigeria Amid Central Bank Reforms
BusinessFinanceLocal

Cash Circulation Stabilizes in Nigeria Amid Central Bank Reforms

Nigeria’s cash supply is showing remarkable signs of stability following sweeping reforms by the Central Bank of Nigeria (CBN), easing…

byayotilewaJanuary 5, 2026
OPEC+ Pauses Oil Output Increase Amid Venezuela Uncertainty
BusinessEnergyInternational

OPEC+ Pauses Oil Output Increase Amid Venezuela Uncertainty

The Organisation of Petroleum Exporting Countries and its allies, known as OPEC+, have decided to pause planned oil supply increases…

byayotilewaJanuary 5, 2026
Venezuela Crisis Could Create $10B Gap in Nigeria’s N58 Trillion 2026 Budget
investmentLocalMacroeconomic

Venezuela Crisis Could Create $10B Gap in Nigeria’s N58 Trillion 2026 Budget

Nigeria’s 2026 spending plan, pegged at N58.18 trillion, could face a $10 billion shortfall due to the unfolding crisis in…

byayotilewaJanuary 5, 2026
Nigeria’s Private Sector Growth Strengthens as PMI Hits 53.5 in December
BusinessEconomyLocal

Nigeria’s Private Sector Growth Strengthens as PMI Hits 53.5 in December

Nigeria’s private sector concluded 2025 on a strong note, driven by rising customer demand and steady business activity. The Stanbic…

byayotilewaJanuary 5, 2026January 5, 2026
Dollar Strengthens as Traders Focus on U.S. Economic Data Despite Venezuela Tensions
FinanceInternationalMacroeconomic

Dollar Strengthens as Traders Focus on U.S. Economic Data Despite Venezuela Tensions

The U.S. dollar started the first full trading week of 2026 on a strong note, rising to a three-and-a-half-week high…

byayotilewaJanuary 5, 2026
Bank of Ghana Tightens International Money Transfer Rules to Protect Consumers and FX Flows
BusinessEconomyLocal

Bank of Ghana Tightens International Money Transfer Rules to Protect Consumers and FX Flows

The Bank of Ghana (BoG) has unveiled new regulations for International Money Transfer Operators (IMTOs), signaling a major shift in…

byayotilewaJanuary 5, 2026
AI and Job Security: Prioritizing Human Welfare in Nigerian Workplaces
BusinessLocalTechnology

AI and Job Security: Prioritizing Human Welfare in Nigerian Workplaces

As Nigeria’s workplaces embrace Artificial Intelligence (AI) and automation, workers and employers face a crucial challenge: how to integrate technology…

byayotilewaJanuary 5, 2026
Naira Starts 2026 Stronger at ₦1,430/$ Amid Stable FX Market
BusinessFinanceLocal

Naira Starts 2026 Stronger at ₦1,430/$ Amid Stable FX Market

The naira opened 2026 on a strong note, appreciating to ₦1,430.84 per US dollar at the official window, signaling a…

byayotilewaJanuary 5, 2026
NNPC Debt Crisis: Subsidiary Obligations Surge to ₦30.3 Trillion Amid Financial Pressures
BusinessEnergyLocal

NNPC Debt Crisis: Subsidiary Obligations Surge to ₦30.3 Trillion Amid Financial Pressures

The Nigerian National Petroleum Company Limited (NNPC) is grappling with significant financial strain as debts owed by its subsidiaries and…

byayotilewaJanuary 5, 2026
India Orders Elon Musk’s X to Fix Grok AI After Obscene Content Complaints
InternationalTechnology

India Orders Elon Musk’s X to Fix Grok AI After Obscene Content Complaints

India has directed Elon Musk’s social media platform X to implement urgent changes to its AI chatbot, Grok, following complaints…

byayotilewaJanuary 5, 2026
Dangote Refinery Pumps 43 Million Litres, Denies Petrol Shutdown Amid Price Hike Fears
BusinessEnergyLocal

Dangote Refinery Pumps 43 Million Litres, Denies Petrol Shutdown Amid Price Hike Fears

Officials of the Dangote Petroleum Refinery have dismissed claims that the facility shut down its petrol processing unit, confirming that…

byayotilewaJanuary 5, 2026
30% Capital Gains Tax May Trigger Investor Flight, Double Taxation Fears in Nigeria’s Capital Market
BusinessLocal

30% Capital Gains Tax May Trigger Investor Flight, Double Taxation Fears in Nigeria’s Capital Market

Nigeria’s proposed 30 per cent Capital Gains Tax (CGT) on capital market transactions above ₦150 million has sparked widespread concern…

byayotilewaJanuary 5, 2026

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