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Day: July 24, 2026

Elon Musk says AI could surpass all human intelligence within five years
InternationalTechnology

Elon Musk says AI could surpass all human intelligence within five years

Artificial intelligence could become smarter than the combined intelligence of humanity within the next five years, according to billionaire entrepreneur…

byayotilewaJuly 24, 2026
Dangote reveals why London is preferred over Dubai for cement listing
BusinessLocalMarket

Dangote reveals why London is preferred over Dubai for cement listing

Dangote Cement Plc has revealed why it is pursuing a secondary listing on the London Stock Exchange instead of Dubai,…

byayotilewaJuly 24, 2026
FMDQ: Outstanding corporate bonds hit N2.30 trillion in June 2026
BusinessFinanceLocal

FMDQ: Outstanding corporate bonds hit N2.30 trillion in June 2026

Nigeria’s corporate bond market maintained its strong momentum in June 2026, with the total outstanding value of corporate bonds on…

byayotilewaJuly 24, 2026
Report: 77% of Africa’s $23bn betting market unregulated
BusinessInternationalTechnology

Report: 77% of Africa’s $23bn betting market unregulated

Africa’s online betting industry is booming, but a new report has revealed that most of the market operates outside government…

byayotilewaJuly 24, 2026
South Africa keeps interest rate at 7% amid rising inflation, rand weakness
AfricaBusinessEconomyInternational

South Africa keeps interest rate at 7% amid rising inflation, rand weakness

South Africa’s central bank has left its benchmark interest rate unchanged at 7%, opting for caution as inflationary pressures, a…

byayotilewaJuly 24, 2026
Petrol Hits N1,400/Litre as Transport Fares Soar Across Nigeria Amid Global Oil Price Surge
BusinessEnergyLocal

Petrol Hits N1,400/Litre as Transport Fares Soar Across Nigeria Amid Global Oil Price Surge

Transport costs are climbing once again across several parts of Nigeria as the price of petrol rises to as high…

byayotilewaJuly 24, 2026
IMF Urges Nigeria, African Nations to Improve Data Transparency to Attract Global Investment
EconomyInternationalinvestment

IMF Urges Nigeria, African Nations to Improve Data Transparency to Attract Global Investment

Nigeria and other African countries have been urged by the International Monetary Fund (IMF) to strengthen economic stability, improve data…

byayotilewaJuly 24, 2026
Oil Price Hits $100 as Middle East Conflict Escalates, Raising Fears of Global Energy Crisis
BusinessEnergyInternational

Oil Price Hits $100 as Middle East Conflict Escalates, Raising Fears of Global Energy Crisis

Oil prices have surged to $100 per barrel for the first time since May, driven by growing fears that the…

byayotilewaJuly 24, 2026
Tinubu Turns to World Bank Loans to Expand Social Programmes Amid Rising Poverty
BusinessEconomyLocal

Tinubu Turns to World Bank Loans to Expand Social Programmes Amid Rising Poverty

President Bola Tinubu’s administration is increasingly relying on World Bank financing to drive its social investment agenda as it seeks…

byayotilewaJuly 24, 2026July 24, 2026
Shettima advocates collaboration to shape AI, telecom policies
LocalTechnology

Shettima advocates collaboration to shape AI, telecom policies

Vice President Kashim Shettima has called on African nations to unite in shaping the future of artificial intelligence (AI), telecommunications,…

byayotilewaJuly 24, 2026July 24, 2026
Africa receives 6% of global cocoa supply value from chocolate market
AgricultureBusinessInternational

Africa receives 6% of global cocoa supply value from chocolate market

Africa may be the backbone of the global cocoa industry, but it continues to receive only a small fraction of…

byayotilewaJuly 24, 2026
Oil block bidding: Inside Nigeria’s seven-hour transparency test
BusinessEnergyLocal

Oil block bidding: Inside Nigeria’s seven-hour transparency test

Nigeria’s push to restore confidence in its upstream oil sector took a major step forward as the Nigerian Upstream Petroleum…

byayotilewaJuly 24, 2026July 24, 2026
AI Guardrails Slow Cybersecurity Research as Experts Warn of Unintended Consequences
InternationalTechnology

AI Guardrails Slow Cybersecurity Research as Experts Warn of Unintended Consequences

Artificial intelligence safety measures designed to prevent cybercrime are increasingly creating obstacles for the very experts tasked with defending digital…

byayotilewaJuly 24, 2026
Dangote refinery secures record $2.5bn equity funding
BusinessEnergyLocal

Dangote refinery secures record $2.5bn equity funding

Dangote Petroleum Refinery and Petrochemicals FZE has secured a record $2.5 billion in fresh equity funding, marking the largest publicly…

byayotilewaJuly 24, 2026
US Slaps 12.5% Tariff on Nigerian Imports Over Forced Labour Concerns
BusinessInternational

US Slaps 12.5% Tariff on Nigerian Imports Over Forced Labour Concerns

The United States has imposed a 12.5% tariff on Nigerian imports, placing Nigeria among 38 countries affected by Washington’s latest…

byayotilewaJuly 24, 2026
Nigeria’s Money Supply Rises to N133.25tn Despite CBN’s Tight Monetary Policy
BusinessEconomyLocal

Nigeria’s Money Supply Rises to N133.25tn Despite CBN’s Tight Monetary Policy

Nigeria’s broad money supply increased to N133.25 trillion in June 2026, highlighting continued liquidity growth despite the Central Bank of…

byayotilewaJuly 24, 2026

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