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Day: March 10, 2026

Tinubu Meets Taiwo Oyedele to Drive Fiscal and Tax Reforms in Nigeria
EconomyLocalPolitics

Tinubu Meets Taiwo Oyedele to Drive Fiscal and Tax Reforms in Nigeria

President Bola Tinubu yesterday welcomed Taiwo Oyedele, the Minister of State for Finance-designate, at the State House, in a clear…

byayotilewaMarch 10, 2026
Aradel and FTG Insurance Propel Nigerian Stock Market to N31.23bn in Trading Surge
BusinessLocalStock

Aradel and FTG Insurance Propel Nigerian Stock Market to N31.23bn in Trading Surge

The Nigerian stock market opened the second week of March with a strong performance, as heavy trading activity lifted total…

byayotilewaMarch 10, 2026
Why the Naira May Hover Around N1,400: Insights into Nigeria’s Currency Outlook
BusinessEconomyLocal

Why the Naira May Hover Around N1,400: Insights into Nigeria’s Currency Outlook

Nigeria’s Naira has returned to the N1,400 mark, reversing the optimism seen just weeks ago when many believed the currency…

byayotilewaMarch 10, 2026
OpenAI Acquires Promptfoo to Strengthen AI Agent Security
InternationalTechnology

OpenAI Acquires Promptfoo to Strengthen AI Agent Security

OpenAI has officially acquired Promptfoo, a cutting-edge AI security startup founded in 2024, signaling a major step toward safeguarding the…

byayotilewaMarch 10, 2026
Conoil, NGX Group, and Oando Boost Nigerian Stock Market by N147bn
BusinessLocalStock

Conoil, NGX Group, and Oando Boost Nigerian Stock Market by N147bn

The Nigerian stock market kicked off the week on a strong note on Monday, recording a total gain of N147…

byayotilewaMarch 10, 2026
SEC Calls for Stronger Women Participation in Nigeria’s Capital Market
BusinessFinanceLocal

SEC Calls for Stronger Women Participation in Nigeria’s Capital Market

The Securities and Exchange Commission (SEC) has called for stronger participation of women in Nigeria’s capital market, highlighting their vital…

byayotilewaMarch 10, 2026
NSE Futures Margins Increased as Derivatives Trading Hits Record KSh 140.9 Million-Kenya
BusinessinvestmentLocal

NSE Futures Margins Increased as Derivatives Trading Hits Record KSh 140.9 Million-Kenya

The Nairobi Securities Exchange (NSE) has announced a significant revision of futures margins following a record surge in derivatives trading.…

byayotilewaMarch 10, 2026
Kenya’s Financial System Liquidity Hits Record KSh6 Trillion, Driven by Banking Sector Growth
BusinessLocalMacroeconomic

Kenya’s Financial System Liquidity Hits Record KSh6 Trillion, Driven by Banking Sector Growth

Kenya’s financial system has hit a historic milestone, with total liquidity surpassing KSh6 trillion for the first time. According to…

byayotilewaMarch 10, 2026
AfDB Launches $25 Trillion Aviation Investment Plan to Boost Africa’s Air Travel Market
BusinessLocal

AfDB Launches $25 Trillion Aviation Investment Plan to Boost Africa’s Air Travel Market

The African Development Bank Group (AfDB) has unveiled a continent-wide financing platform aimed at transforming Africa’s fast-growing air travel market…

byayotilewaMarch 10, 2026
Manufacturing VAT Surges 54.7% to N875bn in 9 Months as Nigeria’s Industrial Sector Boosts Non-Oil Revenue
BusinessEconomyLocal

Manufacturing VAT Surges 54.7% to N875bn in 9 Months as Nigeria’s Industrial Sector Boosts Non-Oil Revenue

Nigeria’s manufacturing sector has significantly boosted Value Added Tax (VAT) revenue, with payments reaching N875.420 billion in the first nine…

byayotilewaMarch 10, 2026
Nigeria Aims to Surpass $48.3 Billion in Trade Deals at Intra-African Trade Fair 2027
BusinessEconomyLocal

Nigeria Aims to Surpass $48.3 Billion in Trade Deals at Intra-African Trade Fair 2027

Nigeria is preparing to host the fifth edition of the Intra-African Trade Fair (IATF) in Lagos from November 5 to…

byayotilewaMarch 10, 2026
Ghana’s Economy Shows Signs of Recovery as Cedi Stabilizes and Inflation Falls – BoG Governor
BusinessLocalMacroeconomic

Ghana’s Economy Shows Signs of Recovery as Cedi Stabilizes and Inflation Falls – BoG Governor

Ghana’s economy is showing clear signs of recovery after a challenging period of high inflation and currency instability, the Governor…

byayotilewaMarch 10, 2026
Ghana Strengthens Diamond Export Controls Amid Kimberley Process Review
BusinessInternational

Ghana Strengthens Diamond Export Controls Amid Kimberley Process Review

Ghana has intensified its diamond export controls as part of an international review under the Kimberley Process Certification Scheme, a…

byayotilewaMarch 10, 2026
Nigeria’s Stock Market Surges in Dollar Terms Amid Global Tensions
BusinessLocal

Nigeria’s Stock Market Surges in Dollar Terms Amid Global Tensions

Nigeria’s equity market continues to shine as a relative safe haven, extending its gains even as global tensions rise. According…

byayotilewaMarch 10, 2026
Market slows as Dangote hikes petrol, diesel to N1,175/N1,620
BusinessEconomyEnergyLocal

Market slows as Dangote hikes petrol, diesel to N1,175/N1,620

Nigeria’s petroleum market faced renewed uncertainty on Monday after Dangote Petroleum Refinery increased ex-depot prices of petrol and diesel to…

byayotilewaMarch 10, 2026March 10, 2026
European Markets Poised for Gains as Oil Prices Drop Amid Middle East Tensions
BusinessFinanceInternationalMarket

European Markets Poised for Gains as Oil Prices Drop Amid Middle East Tensions

European markets are expected to open notably higher on Tuesday, as investors respond to falling oil prices and ongoing geopolitical…

byayotilewaMarch 10, 2026
Dangote Refinery Buys Nigerian Crude at International Prices, Fuel Costs Remain High
BusinessEnergyLocal

Dangote Refinery Buys Nigerian Crude at International Prices, Fuel Costs Remain High

The Managing Director and CEO of Dangote Petroleum Refinery, David Bird, has explained why Nigerian fuel prices are unlikely to…

byayotilewaMarch 10, 2026
Nigerian DisCos Generate N2.3tn Revenue in 2025 Despite Persistent Power Outages
BusinessEnergyLocal

Nigerian DisCos Generate N2.3tn Revenue in 2025 Despite Persistent Power Outages

Nigeria’s electricity distribution companies (DisCos) generated a combined N2.33 trillion in revenue in 2025, even as millions of consumers continued…

byayotilewaMarch 10, 2026
Global Equities Slide as Middle East Conflict Pushes Oil Prices Above $120
BusinessInternationalStock

Global Equities Slide as Middle East Conflict Pushes Oil Prices Above $120

Global financial markets were shaken on Monday as escalating tensions between the United States, Israel and Iran sent crude oil…

byayotilewaMarch 10, 2026
NNPC Posts N385bn Profit as Oil Production Rises to 1.64mbpd
BusinessEnergyLocal

NNPC Posts N385bn Profit as Oil Production Rises to 1.64mbpd

The Nigerian National Petroleum Company Limited reported a profit after tax of N385 billion in January 2026, supported by a…

byayotilewaMarch 10, 2026
Dangote Fertiliser Demand Surges as US–Israel–Iran Conflict Disrupts Global Supply
BusinessEnergyInternational

Dangote Fertiliser Demand Surges as US–Israel–Iran Conflict Disrupts Global Supply

Demand for fertiliser produced by Dangote Industries Limited has surged in recent weeks as the escalating tensions involving the United…

byayotilewaMarch 10, 2026

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