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Day: March 11, 2026

TikTok Boosts AI and Media Literacy in Sub-Saharan Africa with $200,000 Investment
InternationalTechnology

TikTok Boosts AI and Media Literacy in Sub-Saharan Africa with $200,000 Investment

TikTok has announced an additional $200,000 in ad credits to support local organizations across Sub-Saharan Africa in expanding AI media…

byayotilewaMarch 11, 2026
CBN Deploys AI-Powered Surveillance to Track Money Laundering in Nigerian Banks
BankingLocalTechnology

CBN Deploys AI-Powered Surveillance to Track Money Laundering in Nigerian Banks

The Central Bank of Nigeria (CBN) has taken a major step to curb financial crime by mandating banks and financial…

byayotilewaMarch 11, 2026
NTB Subscription Falls to N6.13 Trillion Amid Low Yields and Policy Adjustments
BusinessFinanceinvestmentLocal

NTB Subscription Falls to N6.13 Trillion Amid Low Yields and Policy Adjustments

The Nigerian Treasury Bills (NTB) market has witnessed a significant decline in investor subscription, dropping to N6.13 trillion in the…

byayotilewaMarch 11, 2026
Nigerian Companies Report N19.81 Trillion Operating Expenses Amid Inflation and FX Pressures
BusinessLocalMacroeconomic

Nigerian Companies Report N19.81 Trillion Operating Expenses Amid Inflation and FX Pressures

Despite a gradual decline in Nigeria’s inflation rate to 15.51% and relative stability in the foreign exchange market, 20 listed…

byayotilewaMarch 11, 2026
NGX All-Share Index Falls Below 197,000, Market Loses 0.57% Amid Mixed Trading
BusinessLocalStock

NGX All-Share Index Falls Below 197,000, Market Loses 0.57% Amid Mixed Trading

The Nigerian Exchange Group (NGX) All-Share Index closed the trading session on March 10, 2026, on a negative note, dropping…

byayotilewaMarch 11, 2026
Dangote Refinery Dominates Nigeria’s Petrol Market as FG Halts Imports
BusinessEnergyLocal

Dangote Refinery Dominates Nigeria’s Petrol Market as FG Halts Imports

Nigeria’s petrol market is witnessing a historic shift as the Dangote Petroleum Refinery now supplies about 92% of the country’s…

byayotilewaMarch 11, 2026
FG Approves Bonga Southwest Aparo Project, Eyes $20bn Oil Investment
EnergyinvestmentLocal

FG Approves Bonga Southwest Aparo Project, Eyes $20bn Oil Investment

The Federal Government of Nigeria has given the green light to the Bonga Southwest Aparo project, a long-delayed deepwater oil…

byayotilewaMarch 11, 2026
FG Deploys 100,000 CNG Kits as Nigerians Face Near N3 Trillion Fuel Spend in March
BusinessEconomyEnergyLocal

FG Deploys 100,000 CNG Kits as Nigerians Face Near N3 Trillion Fuel Spend in March

The Federal Government has announced the immediate nationwide rollout of about 100,000 Compressed Natural Gas (CNG) conversion kits to help…

byayotilewaMarch 11, 2026
TECNO Camon 50 Series Launches with Advanced AI Features for Nigeria’s Digital Creators
BusinessLocalTechnology

TECNO Camon 50 Series Launches with Advanced AI Features for Nigeria’s Digital Creators

TECNO Mobile has officially unveiled its latest flagship lineup, the Camon 50 Series, signaling a stronger push into artificial intelligence-driven…

byayotilewaMarch 11, 2026
AI-Powered Apps Struggle to Retain Users Despite Early Revenue Gains
InternationalTechnology

AI-Powered Apps Struggle to Retain Users Despite Early Revenue Gains

The rapid rise of AI-powered apps has transformed the app store landscape, but a new report shows that early excitement…

byayotilewaMarch 11, 2026
Naira Hits N1,400/$ Amid Global Tensions: What This Means for Nigeria’s FX Market
BusinessEconomyFinanceLocal

Naira Hits N1,400/$ Amid Global Tensions: What This Means for Nigeria’s FX Market

The naira traded at N1,401.4 per dollar on Tuesday at Nigeria’s official foreign exchange (FX) market, marking a continued depreciation.…

byayotilewaMarch 11, 2026
Dangote Reduces Petrol Prices by ₦100 Amid Global Oil Volatility: What Nigerians Need to Know
BusinessEnergyLocal

Dangote Reduces Petrol Prices by ₦100 Amid Global Oil Volatility: What Nigerians Need to Know

Dangote Petroleum Refinery announced a ₦100 reduction in the ex-depot price of Premium Motor Spirit (PMS) yesterday, aiming to ease…

byayotilewaMarch 11, 2026
Google Brings Gemini AI to Chrome in India, Expanding Multilingual Support
InternationalTechnology

Google Brings Gemini AI to Chrome in India, Expanding Multilingual Support

Google has officially launched its Gemini AI integration for Chrome in India, alongside Canada and New Zealand. The new rollout…

byayotilewaMarch 11, 2026
Oil Price Surge Boosts Naira Stability and Strengthens Nigeria’s FX Reserves
BusinessEconomyLocal

Oil Price Surge Boosts Naira Stability and Strengthens Nigeria’s FX Reserves

Nigeria is witnessing a renewed boost to its foreign exchange reserves and naira stability, thanks to surging global oil prices.…

byayotilewaMarch 11, 2026
SEC Launches FinTech Clinic to Crack Down on Unregistered Digital Platforms in Nigeria
BusinessLocal

SEC Launches FinTech Clinic to Crack Down on Unregistered Digital Platforms in Nigeria

The Securities and Exchange Commission (SEC) has taken a proactive step to regulate Nigeria’s rapidly expanding financial technology sector with…

byayotilewaMarch 11, 2026
Nigeria’s 4.07% GDP Growth Strengthens Economic Shield Amid Middle East Oil Crisis
BusinessEconomyEnergyLocal

Nigeria’s 4.07% GDP Growth Strengthens Economic Shield Amid Middle East Oil Crisis

Nigeria’s robust economic performance is positioning the country to withstand potential shocks from rising tensions in the Middle East. Finance…

byayotilewaMarch 11, 2026
AI-Driven Fraud Surges in Africa’s Fintech Sector: Nigeria Leads Fight Against Cybercrime
BusinessLocalTechnology

AI-Driven Fraud Surges in Africa’s Fintech Sector: Nigeria Leads Fight Against Cybercrime

Artificial intelligence-driven fraud is rapidly escalating across Africa’s fintech sector, alarming regulators and industry experts about the sophistication of cybercriminal…

byayotilewaMarch 11, 2026
Oil Prices Drop to $91 as Trump Signals Possible End to Middle East War
BusinessEnergyInternational

Oil Prices Drop to $91 as Trump Signals Possible End to Middle East War

Global oil prices fell sharply to around $91 per barrel on Tuesday after soaring to a more than three-year high…

byayotilewaMarch 11, 2026
Nigeria Non-Oil Exports Hit N12.36 Trillion in 2025 as Economy Diversifies Beyond Crude
BusinessEconomyLocal

Nigeria Non-Oil Exports Hit N12.36 Trillion in 2025 as Economy Diversifies Beyond Crude

Nigeria’s non-oil exports reached N12.36 trillion in 2025, marking a significant milestone in the country’s effort to diversify its economy…

byayotilewaMarch 11, 2026
European Markets Set for Lower Open as Iran Conflict Escalates in Strait of Hormuz
BusinessInternationalMarket

European Markets Set for Lower Open as Iran Conflict Escalates in Strait of Hormuz

European stock markets are expected to open lower on Wednesday as investors react to rising geopolitical tensions in the Middle…

byayotilewaMarch 11, 2026

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