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Day: January 29, 2026

AfCFTA SG: How Africa Can Thrive in the New Global Economy
BusinessEconomyInternationalinvestment

AfCFTA SG: How Africa Can Thrive in the New Global Economy

The global economic landscape is undergoing a profound transformation, with rising protectionism and trade barriers reshaping traditional markets. Speaking at…

byayotilewaJanuary 29, 2026
Nigeria Eyes $400 Billion Commodities Market Through UAE-LCFE Partnership
BusinessEconomyLocal

Nigeria Eyes $400 Billion Commodities Market Through UAE-LCFE Partnership

Nigeria is positioning itself as a key gateway to Africa’s $1 trillion commodities market, aiming to capture $400 billion in…

byayotilewaJanuary 29, 2026
Reforms and Price Transparency Set to Transform Nigeria’s Markets in 2026 – NGX CEO
BusinessFinanceLocal

Reforms and Price Transparency Set to Transform Nigeria’s Markets in 2026 – NGX CEO

Nigeria’s capital markets are poised for a stronger, more transparent future in 2026, thanks to ongoing macroeconomic reforms and improved…

byayotilewaJanuary 29, 2026
Multi-Trex Secures NGX Approval to Boost Public Shareholding
BusinessLocalStock

Multi-Trex Secures NGX Approval to Boost Public Shareholding

Multi-Trex Integrated Foods Plc has received a regulatory nod from the Nigerian Exchange (NGX) to take steps toward increasing its…

byayotilewaJanuary 29, 2026
S&P 500 Futures Steady as Investors Digest Fed Rate Hold and Tech Earnings
BusinessFinanceInternational

S&P 500 Futures Steady as Investors Digest Fed Rate Hold and Tech Earnings

S&P 500 futures held steady Wednesday evening as investors weighed a mix of Federal Reserve signals and earnings reports from…

byayotilewaJanuary 29, 2026
NNPC Petrol Price Increase: Lagos Rises to N835, Abuja to N839 Amid Market Forces
BusinessEnergyLocal

NNPC Petrol Price Increase: Lagos Rises to N835, Abuja to N839 Amid Market Forces

The Nigerian National Petroleum Company (NNPC) Limited has increased petrol prices, with Lagos motorists now paying N835 per litre and…

byayotilewaJanuary 29, 2026
Nigeria Loses Billions Daily to Illegal Mining, Experts Warn
BusinessLocal

Nigeria Loses Billions Daily to Illegal Mining, Experts Warn

Nigeria is losing billions of naira every day to illegal mining and the underexploitation of non-oil resources, the Nigerian Mining…

byayotilewaJanuary 29, 2026
Nigeria’s Top Startups Dominate 2025 Funding, Capturing 83% of Capital Inflows
LocalTechnology

Nigeria’s Top Startups Dominate 2025 Funding, Capturing 83% of Capital Inflows

Nigeria’s startup ecosystem in 2025 saw a striking concentration of investment, with a handful of companies attracting the lion’s share…

byayotilewaJanuary 29, 2026
NIPetE Symposium Highlights Innovation-Driven Future for Nigeria’s Energy Sector
BusinessEnergyLocal

NIPetE Symposium Highlights Innovation-Driven Future for Nigeria’s Energy Sector

Nigeria’s energy future is poised for transformation, as experts at the 2026 NIPetE Oil and Gas Symposium emphasized the need…

byayotilewaJanuary 29, 2026
Nigeria’s 5G Reality Check: Half of 5G Device Users Still Lack Network Access
LocalTechnology

Nigeria’s 5G Reality Check: Half of 5G Device Users Still Lack Network Access

As Nigerians increasingly upgrade to 5G-enabled smartphones, a surprising digital paradox is emerging: around 50% of device owners cannot actually…

byayotilewaJanuary 29, 2026
South-West States Unveil N8.7tn 2026 Budget Focused on Capital Projects and Economic Growth
investmentLocalMacroeconomic

South-West States Unveil N8.7tn 2026 Budget Focused on Capital Projects and Economic Growth

The South-West states of Nigeria have proposed a combined budget of N8.7 trillion for 2026, with capital expenditure accounting for…

byayotilewaJanuary 29, 2026
Nigerian Exchange Dips 549 Points, Clings to 165,000 Level Amid Mixed Market Sentiment
BusinessLocalStock

Nigerian Exchange Dips 549 Points, Clings to 165,000 Level Amid Mixed Market Sentiment

On Wednesday, January 28, 2026, the Nigerian Exchange (NGX) ended trading in negative territory, shedding 549.4 points to settle at…

byayotilewaJanuary 29, 2026
PenCom Raises NSITF Retirees’ Pensions by 1,173% After 21-Year Freeze
BusinessFinanceLocal

PenCom Raises NSITF Retirees’ Pensions by 1,173% After 21-Year Freeze

The National Pension Commission (PenCom) has approved a historic 1,173% increase in pensions for retirees under the Nigeria Social Insurance…

byayotilewaJanuary 29, 2026
Nigeria Crude Oil Exports Set to Fall 14% in March Amid Bonga and Forcados Cutbacks
BusinessEnergyLocal

Nigeria Crude Oil Exports Set to Fall 14% in March Amid Bonga and Forcados Cutbacks

Nigeria’s crude oil exports are expected to drop by about 14% in March 2026, falling to roughly 793,000 barrels per…

byayotilewaJanuary 29, 2026
CBN Governor Cardoso Hosts British Investors to Boost Financial Sector Reforms
BusinessFinanceinvestmentLocal

CBN Governor Cardoso Hosts British Investors to Boost Financial Sector Reforms

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, on Wednesday, January 28, 2026, welcomed a high-profile…

byayotilewaJanuary 29, 2026
Nigeria Completes 60% of 90,000km Fibre Optic Rollout, Plans Two New Satellites
LocalTechnology

Nigeria Completes 60% of 90,000km Fibre Optic Rollout, Plans Two New Satellites

Nigeria has marked a major milestone in its digital infrastructure drive, completing 60 percent of its planned 90,000 kilometres of…

byayotilewaJanuary 29, 2026
European Markets Open Higher as Earnings Super Thursday Drives Investor Focus
BusinessInternationalStock

European Markets Open Higher as Earnings Super Thursday Drives Investor Focus

European markets opened higher on Thursday as investors turned their attention to a busy slate of corporate earnings from some…

byayotilewaJanuary 29, 2026
Tinubu Urged to Intervene as Nigeria Commodity Exchange Faces Imminent Collapse
BusinessEconomyLocal

Tinubu Urged to Intervene as Nigeria Commodity Exchange Faces Imminent Collapse

Workers of the Nigeria Commodity Exchange (NCX) have appealed to President Bola Ahmed Tinubu to urgently intervene and prevent what…

byayotilewaJanuary 29, 2026
NCC Reports Improved Telecom Network Quality in Q4 2025, Signals Stronger Service Delivery Nationwide
LocalTechnology

NCC Reports Improved Telecom Network Quality in Q4 2025, Signals Stronger Service Delivery Nationwide

The Nigerian Communications Commission (NCC) says telecom network quality and service delivery improved across the country in the fourth quarter…

byayotilewaJanuary 29, 2026
Nigeria Earns ₦55.5 Trillion from Crude Oil Sales in 2025 Despite Production Shortfalls
BusinessEnergyLocal

Nigeria Earns ₦55.5 Trillion from Crude Oil Sales in 2025 Despite Production Shortfalls

Nigeria generated an estimated ₦55.5 trillion in crude oil revenue in 2025, driven largely by global oil prices despite struggling…

byayotilewaJanuary 29, 2026

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