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Day: April 14, 2026

WATRA Pushes Unified Digital Regulation to Unlock West Africa’s $200bn Digital Economy Growth
InternationalTechnology

WATRA Pushes Unified Digital Regulation to Unlock West Africa’s $200bn Digital Economy Growth

The West Africa Telecommunications Regulators Assembly (WATRA) is intensifying efforts to establish a unified digital regulatory framework across the region…

byayotilewaApril 14, 2026
Meta to Overtake Google in Global Ad Revenue by 2026, New Forecast Reveals
InternationalTechnology

Meta to Overtake Google in Global Ad Revenue by 2026, New Forecast Reveals

Meta Platforms is on track to become the world’s largest digital advertising company by the end of 2026, overtaking Google…

byayotilewaApril 14, 2026
Nigeria Urged to Maximise $11.3m AfDB Renewable Energy Fund Through Mini-Grids and Solar Expansion
BusinessEnergyLocal

Nigeria Urged to Maximise $11.3m AfDB Renewable Energy Fund Through Mini-Grids and Solar Expansion

Nigeria has been advised to take full advantage of the $11.3 million African Development Bank (AfDB) renewable energy financing by…

byayotilewaApril 14, 2026
Nigeria Crude Oil Production Hits 1.84 Million Barrels Per Day as Output Recovery Strengthens
BusinessEnergyLocal

Nigeria Crude Oil Production Hits 1.84 Million Barrels Per Day as Output Recovery Strengthens

Nigeria’s crude oil production has recorded a significant rebound, reaching a peak of 1.84 million barrels per day (mbpd), according…

byayotilewaApril 14, 2026
Power Subsidy Hits N418.79bn as Nigeria’s Electricity Sector Records Over N300bn in Losses – NERC
BusinessEnergyLocal

Power Subsidy Hits N418.79bn as Nigeria’s Electricity Sector Records Over N300bn in Losses – NERC

Nigeria’s electricity sector faced mounting financial pressure in the fourth quarter of 2025, as the Federal Government’s power subsidy rose…

byayotilewaApril 14, 2026
Tinubu 2026 Budget Signing: President Set to Approve ₦68.323 Trillion Nigeria Budget Any Moment
BusinessEconomyLocalPolitics

Tinubu 2026 Budget Signing: President Set to Approve ₦68.323 Trillion Nigeria Budget Any Moment

President Bola Tinubu is expected to sign the ₦68.323 trillion 2026 national budget at any moment after it was officially…

byayotilewaApril 14, 2026
FG Moves for Cheaper Funding as Global Tensions Push Inflation, Oil Prices Higher
BusinessEnergyLocalMacroeconomic

FG Moves for Cheaper Funding as Global Tensions Push Inflation, Oil Prices Higher

The Federal Government has announced plans to pursue cheaper funding and stronger international financial support as escalating global tensions continue…

byayotilewaApril 14, 2026
NGX Market Capitalisation Hits N131.6tn as 31 Stocks Drive Gains in Bullish Trading Session
BusinessLocal

NGX Market Capitalisation Hits N131.6tn as 31 Stocks Drive Gains in Bullish Trading Session

The Nigerian equities market opened the week on a positive note as renewed buying interest in medium and large-cap stocks…

byayotilewaApril 14, 2026
NGX Market Capitalisation Rises by N443 Billion as 31 Stocks Drive Broad Market Gains
BusinessLocalMarket

NGX Market Capitalisation Rises by N443 Billion as 31 Stocks Drive Broad Market Gains

The Nigerian stock market opened the week on a positive note as the Nigerian Exchange Limited (NGX) recorded a strong…

byayotilewaApril 14, 2026
Africa’s FDI Stuck at 4–6% Despite Global Investment Surge, New Report Warns
BusinessInternationalinvestment

Africa’s FDI Stuck at 4–6% Despite Global Investment Surge, New Report Warns

Africa’s share of global foreign direct investment (FDI) has remained trapped between 4% and 6%, according to a new report…

byayotilewaApril 14, 2026
Edun Pushes for Lower Borrowing Costs at IMF and World Bank Meetings Amid Rising Global Pressures
BusinessEconomyLocal

Edun Pushes for Lower Borrowing Costs at IMF and World Bank Meetings Amid Rising Global Pressures

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, is heading into the 2026 Spring Meetings of…

byayotilewaApril 14, 2026
NGX All-Share Index Crosses 204,000 as Nigerian Stock Market Hits Record High Despite Lower Trading Volume
BusinessLocalStock

NGX All-Share Index Crosses 204,000 as Nigerian Stock Market Hits Record High Despite Lower Trading Volume

The Nigerian stock market opened the week on a positive note as the NGX All-Share Index rose to 204,458.9 points…

byayotilewaApril 14, 2026
Nigeria Crude Oil Production Rises to 1.38mbpd in March 2026 as OPEC Reports Modest Recovery
BusinessEconomyLocal

Nigeria Crude Oil Production Rises to 1.38mbpd in March 2026 as OPEC Reports Modest Recovery

Nigeria’s crude oil production recorded a slight improvement in March 2026, rising to 1.38 million barrels per day (bpd), according…

byayotilewaApril 14, 2026
Nigeria FX Reserves May Fall to $47bn in 2026 Despite Economic Reforms – Fitch Warns
BusinessFinanceInternationalMacroeconomic

Nigeria FX Reserves May Fall to $47bn in 2026 Despite Economic Reforms – Fitch Warns

Nigeria’s foreign exchange reserves are projected to decline to about $47 billion by the end of 2026, according to Fitch…

byayotilewaApril 14, 2026
Africa Risks Delay in $113bn Energy and Port Projects as Gulf Investment Review Threatens Infrastructure Pipeline
EnergyInternationalinvestment

Africa Risks Delay in $113bn Energy and Port Projects as Gulf Investment Review Threatens Infrastructure Pipeline

Africa’s ambitious push to expand its infrastructure and energy capacity may be facing a new setback as Gulf nations reconsider…

byayotilewaApril 14, 2026
Global Smartphone Shipments Fall 6% in Q1 2026 Amid AI Chip Demand and Middle East Tensions
BusinessInternationalTechnology

Global Smartphone Shipments Fall 6% in Q1 2026 Amid AI Chip Demand and Middle East Tensions

Global smartphone shipments fell by 6 percent year-on-year in the first quarter of 2026, marking one of the steepest quarterly…

byayotilewaApril 14, 2026
UAE and India Lead Ghana Exports in 2025 as Trade Concentration Deepens
BusinessEconomyLocal

UAE and India Lead Ghana Exports in 2025 as Trade Concentration Deepens

Ghana’s export earnings in 2025 were heavily dominated by a small group of international partners, with the United Arab Emirates…

byayotilewaApril 14, 2026April 14, 2026
OpenAI Acquires AI Personal Finance Startup Hiro in Strategic Talent-Driven Deal
InternationalTechnology

OpenAI Acquires AI Personal Finance Startup Hiro in Strategic Talent-Driven Deal

OpenAI has acquired AI-powered personal finance startup Hiro Finance, according to an announcement from founder Ethan Bloch on Monday and…

byayotilewaApril 14, 2026
Asia Markets Rise on U.S.-Iran Deal Hopes as China Export Growth Slows
BusinessEconomyInternational

Asia Markets Rise on U.S.-Iran Deal Hopes as China Export Growth Slows

Asia-Pacific markets closed mostly higher on Tuesday as investors held onto cautious optimism that a diplomatic breakthrough between the United…

byayotilewaApril 14, 2026
Dangote Refinery Becomes Net Exporter as Nigeria Boosts Oil Exports in March
BusinessEconomyEnergyLocal

Dangote Refinery Becomes Net Exporter as Nigeria Boosts Oil Exports in March

In a historic shift for Nigeria’s energy sector, the Dangote Petroleum Refinery & Petrochemicals recorded a major milestone in March…

byayotilewaApril 14, 2026
Nigeria Targets Wealthy Lifestyle Spending to Boost Tax Revenue
BusinessEconomyLocal

Nigeria Targets Wealthy Lifestyle Spending to Boost Tax Revenue

Nigeria is stepping up efforts to boost public revenue by targeting wealthy individuals through a data-driven tax monitoring system that…

byayotilewaApril 14, 2026
European Markets Rise on Iran Peace Talks Hopes Amid Oil Volatility
BusinessInternationalMarket

European Markets Rise on Iran Peace Talks Hopes Amid Oil Volatility

European stock markets opened higher on Tuesday, buoyed by renewed optimism that diplomatic talks between the United States and Iran…

byayotilewaApril 14, 2026
Dangote Refinery IPO Set to Raise $5bn in Historic African Listing
BusinessEnergyLocal

Dangote Refinery IPO Set to Raise $5bn in Historic African Listing

Nigeria is on the brink of a landmark financial moment as Aliko Dangote moves forward with plans to list the…

byayotilewaApril 14, 2026

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