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Day: March 3, 2026

FGN Savings Bond March 2026: Earn Up to 13.9% with Sovereign-Backed Returns
FinanceinvestmentLocal

FGN Savings Bond March 2026: Earn Up to 13.9% with Sovereign-Backed Returns

The Federal Government of Nigeria (FGN) has announced its March 2026 Savings Bond, offering retail investors interest rates of up…

byayotilewaMarch 3, 2026
ITU Secures $82 Billion in Digital Investments to Bridge Global Connectivity Gap
InternationalTechnology

ITU Secures $82 Billion in Digital Investments to Bridge Global Connectivity Gap

The International Telecommunication Union (ITU) has reached a significant milestone in its drive to close the global digital divide, with…

byayotilewaMarch 3, 2026
Why Users Are Switching from ChatGPT to Claude — And How to Make the Move
InternationalTechnology

Why Users Are Switching from ChatGPT to Claude — And How to Make the Move

Amid growing controversies surrounding ChatGPT and its parent company, OpenAI, more users are making the move to Claude, the AI…

byayotilewaMarch 3, 2026
ANOH Gas Delivers First Gas to NLNG, Marks Start of Full Commercial Operations
BusinessEnergyLocal

ANOH Gas Delivers First Gas to NLNG, Marks Start of Full Commercial Operations

ANOH Gas Processing Company (AGPC) has officially delivered its first batch of processed natural gas to Nigeria LNG Limited (NLNG),…

byayotilewaMarch 3, 2026
Nigeria’s Reform Dividend: Experts Predict Economic Growth Surge in 2026
BusinessEconomyLocal

Nigeria’s Reform Dividend: Experts Predict Economic Growth Surge in 2026

Nigeria is set to reap the benefits of its ongoing reform cycle in 2026, with households and businesses expected to…

byayotilewaMarch 3, 2026
Saudi Aramco Shuts Ras Tanura Refinery After Iran Drone Strikes, Global Oil Supply at Risk
BusinessEnergyInternational

Saudi Aramco Shuts Ras Tanura Refinery After Iran Drone Strikes, Global Oil Supply at Risk

Saudi Arabia’s state oil giant, Saudi Aramco, has temporarily shut down its Ras Tanura refinery, one of the world’s largest…

byayotilewaMarch 3, 2026
Oil Prices Surge to $80 Amid Widening US-Israel Conflict With Iran, Raising Supply Risk Fears
BusinessEnergyInternational

Oil Prices Surge to $80 Amid Widening US-Israel Conflict With Iran, Raising Supply Risk Fears

Oil prices continued their sharp climb on Tuesday, reflecting growing fears of supply disruptions as the US-Israel conflict with Iran…

byayotilewaMarch 3, 2026March 3, 2026
Amazon Web Services Faces UAE Cloud Outage After Fire at Data Center
InternationalTechnology

Amazon Web Services Faces UAE Cloud Outage After Fire at Data Center

Amazon Web Services Inc. (AWS), the cloud computing arm of Amazon founded by Jeff Bezos, experienced a significant service disruption…

byayotilewaMarch 3, 2026
United Capital Revenue Soars 35% to N58.55bn as Profitability Strengthens in 2025
BusinessFinanceLocal

United Capital Revenue Soars 35% to N58.55bn as Profitability Strengthens in 2025

United Capital Plc has reported a robust 35 per cent year-on-year growth in revenue, climbing from N43.43bn in 2024 to…

byayotilewaMarch 3, 2026
NGX Group Appoints Olajumoke Olaniyan as Chief Strategy Officer to Drive Market Innovation
BusinessLocalStock

NGX Group Appoints Olajumoke Olaniyan as Chief Strategy Officer to Drive Market Innovation

The Nigerian Exchange (NGX) Group Plc has announced the appointment of Ms. Olajumoke Olaniyan as its new Group Chief Strategy…

byayotilewaMarch 3, 2026
Naira Falls to N1,376/$ as Dollar Surges Amid Middle East Tensions
BusinessLocalMarket

Naira Falls to N1,376/$ as Dollar Surges Amid Middle East Tensions

Nigeria’s naira slipped to N1,376 per dollar on Monday, extending its recent volatility as the U.S. dollar strengthened globally. The…

byayotilewaMarch 3, 2026
Nigerian Stocks Rally Amid US-Iran Tensions as Oil Shares Lead Gains
BusinessInternationalStock

Nigerian Stocks Rally Amid US-Iran Tensions as Oil Shares Lead Gains

The Nigerian stock market surged on March 2, 2026, shrugging off global concerns over the US-Iran conflict. The Nigerian All-Share…

byayotilewaMarch 3, 2026
NGX Surges N1.7tn as Banking, Oil & Gas Stocks Lead Market Rally
BusinessFinanceLocalStock

NGX Surges N1.7tn as Banking, Oil & Gas Stocks Lead Market Rally

Trading on the Nigerian Exchange (NGX) ended Monday on a positive note, with the All-Share Index climbing to 195,514.23 points…

byayotilewaMarch 3, 2026
NCC Proposes 14-Day Notice Before SIM Deactivation to Protect Nigerian Subscribers
LocalTechnology

NCC Proposes 14-Day Notice Before SIM Deactivation to Protect Nigerian Subscribers

The Nigerian Communications Commission (NCC) has proposed that telecom operators provide subscribers with at least 14 days’ notice before deactivating…

byayotilewaMarch 3, 2026
Petrol Prices Could Hit ₦1,000/Litre as Dangote Refines Strategy Amid Global Oil Volatility
BusinessEconomyEnergyLocal

Petrol Prices Could Hit ₦1,000/Litre as Dangote Refines Strategy Amid Global Oil Volatility

The price of Premium Motor Spirit (PMS), commonly known as petrol, may soon reach between ₦980 and over ₦1,000 per…

byayotilewaMarch 3, 2026
ChatGPT App Uninstalls Surge 295% Following DoD Deal, Users Shift to Anthropic’s Claude
InternationalTechnology

ChatGPT App Uninstalls Surge 295% Following DoD Deal, Users Shift to Anthropic’s Claude

U.S. users of ChatGPT’s mobile app reacted sharply to OpenAI’s partnership with the Department of Defense (DoD), with uninstalls spiking…

byayotilewaMarch 3, 2026
European Markets Slide as U.S.-Iran Conflict Escalates, Oil Prices Surge
BusinessEnergyInternationalMarket

European Markets Slide as U.S.-Iran Conflict Escalates, Oil Prices Surge

European markets are set to open sharply lower on Tuesday as rising geopolitical tensions in the Middle East rattle investor…

byayotilewaMarch 3, 2026March 3, 2026
Banks Disburse N36.4tn to Trade Sector as Rate Cut Sparks Fresh Credit Expectations
BankingBusinessLocal

Banks Disburse N36.4tn to Trade Sector as Rate Cut Sparks Fresh Credit Expectations

Nigerian deposit money banks disbursed N36.39 trillion to the Trade and General Commerce sector between January and September 2025, marking…

byayotilewaMarch 3, 2026
Nigeria’s Net FX Reserves Soar 772% to $34.8 Billion, Signaling Stronger Economic Stability
BusinessEconomyLocal

Nigeria’s Net FX Reserves Soar 772% to $34.8 Billion, Signaling Stronger Economic Stability

Nigeria’s net foreign exchange reserves soared to $34.80 billion at the end of 2025, marking a remarkable 772 per cent…

byayotilewaMarch 3, 2026March 3, 2026
CBN Cuts Interest Rate to 26.5% as Disinflation and FX Stability Strengthen Outlook
BusinessEconomyLocal

CBN Cuts Interest Rate to 26.5% as Disinflation and FX Stability Strengthen Outlook

The Central Bank of Nigeria has reduced its Monetary Policy Rate (MPR) by 50 basis points to 26.5 per cent,…

byayotilewaMarch 3, 2026

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