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Day: March 4, 2026

Nigerian Crude Oil Surges Past $80 Amid Middle East Tensions – Highest Since 2024
BusinessEconomyEnergyLocal

Nigerian Crude Oil Surges Past $80 Amid Middle East Tensions – Highest Since 2024

Nigerian crude oil prices have climbed past $80 per barrel, marking the highest levels since mid-2024. The spike follows recent…

byayotilewaMarch 4, 2026
Nigeria’s Path to Global Oil Leadership: Strategic Measures Highlighted by Petroleum Engineers
BusinessEnergyLocal

Nigeria’s Path to Global Oil Leadership: Strategic Measures Highlighted by Petroleum Engineers

The Society of Petroleum Engineers Nigeria (SPEN) has urged swift action, resilience in coordination, and disciplined project execution to solidify…

byayotilewaMarch 4, 2026
Apple Unveils M5 MacBook Air and MacBook Pro with Major AI Performance Boost
InternationalTechnology

Apple Unveils M5 MacBook Air and MacBook Pro with Major AI Performance Boost

Apple has introduced its latest lineup of laptops, unveiling updated versions of the MacBook Air and MacBook Pro powered by…

byayotilewaMarch 4, 2026
Google AI Image Creation in Nigeria: Search, Lens Now Generate Images in Seconds
InternationalTechnology

Google AI Image Creation in Nigeria: Search, Lens Now Generate Images in Seconds

Google has expanded its artificial intelligence capabilities in Nigeria, enabling users to generate images directly through Google Search and Google…

byayotilewaMarch 4, 2026
Nigeria Telecoms GDP Hits N18.5tn in 2025 as Data Boom and 5G Rollout Accelerate Digital Economy
BusinessLocalTechnology

Nigeria Telecoms GDP Hits N18.5tn in 2025 as Data Boom and 5G Rollout Accelerate Digital Economy

Nigeria’s telecommunications industry strengthened its grip on the economy in 2025, contributing N18.5 trillion to real Gross Domestic Product (GDP)…

byayotilewaMarch 4, 2026
Higher Oil Prices Not Nigeria’s Opportunity: Gas Shock and Strait of Hormuz Risk Expose Structural Vulnerabilities
BusinessEnergyLocal

Higher Oil Prices Not Nigeria’s Opportunity: Gas Shock and Strait of Hormuz Risk Expose Structural Vulnerabilities

Higher oil prices are once again dominating global headlines, but they may not represent the opportunity many assume for Nigeria.…

byayotilewaMarch 4, 2026
Indigenous Operators Drive Nigeria’s Oil Production Ambitions
BusinessEnergyLocal

Indigenous Operators Drive Nigeria’s Oil Production Ambitions

Nigeria’s upstream oil and gas sector is undergoing a pivotal transformation as indigenous operators move from marginal participants to central…

byayotilewaMarch 4, 2026
Nigeria’s Economy Set to Grow 5.5% in 2026 as Inflation Falls to 6%
BusinessLocalMacroeconomic

Nigeria’s Economy Set to Grow 5.5% in 2026 as Inflation Falls to 6%

Nigeria is poised for stronger economic growth in 2026, with analysts projecting a full-year GDP increase of 5.55% and inflation…

byayotilewaMarch 4, 2026
Nigeria’s Net Reserves Soar to $34.8 Billion in Two Years, Boosting Economic Confidence
BusinessEconomyFinanceLocal

Nigeria’s Net Reserves Soar to $34.8 Billion in Two Years, Boosting Economic Confidence

Nigeria’s net external reserves have skyrocketed by 772 percent over the past two years, reaching $34.8 billion at the end…

byayotilewaMarch 4, 2026
VAT Hits Record N1tn as New Sharing Formula Boosts States’ Revenue in 2026
BusinessFinanceLocal

VAT Hits Record N1tn as New Sharing Formula Boosts States’ Revenue in 2026

Nigeria’s Value Added Tax (VAT) revenue surged to a record N1.08 trillion in January 2026, marking the first full month…

byayotilewaMarch 4, 2026
European Markets Climb Amid Middle East Tensions: Stocks Rebound After Volatile Trading
BusinessFinanceInternational

European Markets Climb Amid Middle East Tensions: Stocks Rebound After Volatile Trading

European stocks opened higher on Wednesday as investors monitored escalating tensions in the Middle East. The Stoxx Europe 600 rose…

byayotilewaMarch 4, 2026
NGX Market Cap Soars by N710bn as Investor Confidence Boosts Oil, Industrial, and Consumer Stocks
BusinessLocalStock

NGX Market Cap Soars by N710bn as Investor Confidence Boosts Oil, Industrial, and Consumer Stocks

The Nigerian Exchange (NGX) saw a significant surge in market capitalization yesterday, gaining N710 billion as investors returned to key…

byayotilewaMarch 4, 2026
Top 10 Best-Performing Nigerian Stocks in February 2026 as NGX Surges 16.60%
investmentLocalMarket

Top 10 Best-Performing Nigerian Stocks in February 2026 as NGX Surges 16.60%

Nigeria’s stock market delivered a powerful rally in February 2026, with the benchmark index of the Nigerian Exchange Group (NGX)…

byayotilewaMarch 4, 2026
NGX Gains N710bn Despite Iran War Fears as Global Markets Slide
BusinessLocal

NGX Gains N710bn Despite Iran War Fears as Global Markets Slide

Nigeria’s stock market delivered a rare show of strength on Tuesday as the Nigerian Exchange Limited (NGX) gained N710 billion…

byayotilewaMarch 4, 2026March 4, 2026
Oil Prices Spike Toward $85 as Global Supply Risks Intensify
BusinessEnergyInternational

Oil Prices Spike Toward $85 as Global Supply Risks Intensify

Global oil prices rallied sharply on Tuesday, with Brent crude climbing above $84 per barrel amid escalating tensions in the…

byayotilewaMarch 4, 2026

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