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Day: January 9, 2026

AIOZ Network: Building a People-Powered Internet for the Web3 Era
InternationalTechnology

AIOZ Network: Building a People-Powered Internet for the Web3 Era

The internet promised freedom and democratization, but the reality of Web2 often fell short. Major corporations came to control much…

byayotilewaJanuary 9, 2026
Nigeria’s Oil Regulators Renew Cooperation to Boost Investment and Industry Growth
BusinessEnergyLocal

Nigeria’s Oil Regulators Renew Cooperation to Boost Investment and Industry Growth

Nigeria’s top oil regulators have renewed their commitment to strengthen collaboration, aiming to drive investment and efficiency in the country’s…

byayotilewaJanuary 9, 2026
Retailers Call for Stronger Naira-for-Crude Policy in 2026 to Stabilize Fuel Prices
BusinessEnergyLocal

Retailers Call for Stronger Naira-for-Crude Policy in 2026 to Stabilize Fuel Prices

Petroleum products retailers are urging the Federal Government and industry regulators to strengthen the naira-for-crude policy in 2026, saying effective…

byayotilewaJanuary 9, 2026
Nigeria’s Oil and Gas Sector Records Mixed Performance in 2025 Amid Production Shortfalls
BusinessEnergyLocal

Nigeria’s Oil and Gas Sector Records Mixed Performance in 2025 Amid Production Shortfalls

Nigeria’s oil and gas industry ended 2025 with a mixed performance, showing gains in upstream activity and gas output but…

byayotilewaJanuary 9, 2026
Heirs Technologies Accredited by NRS to Help Nigerian Businesses Achieve E-Invoicing Compliance
BusinessLocalTechnology

Heirs Technologies Accredited by NRS to Help Nigerian Businesses Achieve E-Invoicing Compliance

Heirs Technologies, a leading African tech services company and subsidiary of Heirs Holdings, has received official accreditation from the Nigeria…

byayotilewaJanuary 9, 2026
New Tax Laws Aim to Stabilize Nigeria’s Economy, Says Joseph Tegbe
BusinessEconomyLocal

New Tax Laws Aim to Stabilize Nigeria’s Economy, Says Joseph Tegbe

Nigeria may be on the verge of a major fiscal turnaround as new tax laws, effective January 1, 2026, seek…

byayotilewaJanuary 9, 2026
FG Allocates N1.7tn in 2026 Budget to Settle Outstanding Contractor Debts
BusinessEconomyLocal

FG Allocates N1.7tn in 2026 Budget to Settle Outstanding Contractor Debts

The Federal Government has earmarked N1.7 trillion in the 2026 Appropriation Bill to settle outstanding payments owed to contractors for…

byayotilewaJanuary 9, 2026
FG Reviews Tariffs to Boost Industrial Growth and Lower Production Costs
BusinessEconomyLocal

FG Reviews Tariffs to Boost Industrial Growth and Lower Production Costs

The Federal Government of Nigeria has announced a review of the country’s tariff framework in a bid to strengthen industrial…

byayotilewaJanuary 9, 2026
European Markets Rise Amid Mining Deals and Greenland Tensions
BusinessFinanceInternational

European Markets Rise Amid Mining Deals and Greenland Tensions

European markets opened in positive territory on Friday, with the pan-European Stoxx 600 climbing 0.37% by early trading in London.…

byayotilewaJanuary 9, 2026
FG Raises N1.1 Trillion in First 2026 Treasury Bills Auction Amid Strong Investor Demand
BusinessinvestmentLocal

FG Raises N1.1 Trillion in First 2026 Treasury Bills Auction Amid Strong Investor Demand

Nigeria’s Debt Management Office (DMO) successfully raised N1.144 trillion at its first Treasury Bills auction of 2026, signaling strong investor…

byayotilewaJanuary 9, 2026
Champion Breweries Launches N42 Billion Public Offer to Acquire Bullet Brand
BusinessinvestmentLocal

Champion Breweries Launches N42 Billion Public Offer to Acquire Bullet Brand

Champion Breweries Plc has officially launched a N42 billion Public Offer of ordinary shares priced at N16 each to fund…

byayotilewaJanuary 9, 2026
UBA Surpasses N500bn Capital Milestone Following Successful Rights Issue
BusinessFinanceLocal

UBA Surpasses N500bn Capital Milestone Following Successful Rights Issue

The United Bank for Africa (UBA) has officially surpassed the N500 billion capital threshold set by the Central Bank of…

byayotilewaJanuary 9, 2026
Nigeria’s Current Account Set to Hit $18.81 Billion in 2026, Says President Tinubu
BusinessEconomyLocal

Nigeria’s Current Account Set to Hit $18.81 Billion in 2026, Says President Tinubu

President Bola Tinubu has projected that Nigeria’s current account balance will climb to $18.81 billion in 2026, up from $16.94…

byayotilewaJanuary 9, 2026
Tinubu Celebrates Nigerian Exchange’s Historic N100 Trillion Market Capitalisation
BusinessEconomyLocal

Tinubu Celebrates Nigerian Exchange’s Historic N100 Trillion Market Capitalisation

President Bola Tinubu has praised the Nigerian Exchange Group (NGX) for surpassing the historic N100 trillion market capitalisation mark, calling…

byayotilewaJanuary 9, 2026January 12, 2026
Selective Buying Boosts Nigerian Stock Market by N137 Billion Amid Key Gains
BusinessLocalStock

Selective Buying Boosts Nigerian Stock Market by N137 Billion Amid Key Gains

The Nigerian stock market continued its upward momentum on Tuesday, recording a gain of N137 billion as investors focused on…

byayotilewaJanuary 9, 2026
OpenAI Acquires Convogo Team to Boost AI Cloud Expertise
BusinessInternationalTechnology

OpenAI Acquires Convogo Team to Boost AI Cloud Expertise

OpenAI has kicked off 2026 with another strategic acqui-hire, bringing the team behind executive coaching platform Convogo on board. The…

byayotilewaJanuary 9, 2026
Oil Prices Rebound as Venezuela Developments Ease Market Jitters
BusinessEnergyInternational

Oil Prices Rebound as Venezuela Developments Ease Market Jitters

Global oil prices climbed on Thursday, snapping a two-day losing streak as investors shifted focus to unfolding developments in Venezuela…

byayotilewaJanuary 9, 2026
UK Investors Drive 65% of Nigeria’s Foreign Capital Inflows in 2025
BusinessInternationalinvestment

UK Investors Drive 65% of Nigeria’s Foreign Capital Inflows in 2025

Nigeria attracted about 65 per cent of its foreign capital inflows from investors in the United Kingdom over the past…

byayotilewaJanuary 9, 2026
CBN Projects Petrol Price at N950/Litre in 2026 Amid FX Stability and Refining Gains
BusinessEnergyLocal

CBN Projects Petrol Price at N950/Litre in 2026 Amid FX Stability and Refining Gains

The Central Bank of Nigeria (CBN) has projected that petrol pump prices will hover around N950 per litre in 2026,…

byayotilewaJanuary 9, 2026
Dangote Refinery–Marketers Fuel Deal Collapses as Pricing Dispute Triggers Import Surge
BusinessEnergyLocal

Dangote Refinery–Marketers Fuel Deal Collapses as Pricing Dispute Triggers Import Surge

The fuel supply agreement between the Dangote Petroleum Refinery and 20 major petroleum marketers has collapsed barely a month after…

byayotilewaJanuary 9, 2026

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