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Day: July 31, 2026

Tim Cook Reveals Apple’s AI Strategy as the Company’s Next Competitive Advantage
InternationalTechnology

Tim Cook Reveals Apple’s AI Strategy as the Company’s Next Competitive Advantage

Apple is doubling down on artificial intelligence, and according to CEO Tim Cook, the company’s unique approach could become one…

byayotilewaJuly 31, 2026
Amazon’s Massive AI Investment Pays Off as AWS Growth Drives Strong Earnings
BusinessInternationalTechnology

Amazon’s Massive AI Investment Pays Off as AWS Growth Drives Strong Earnings

Amazon has reassured investors that its aggressive investment in artificial intelligence infrastructure is paying off, as the tech giant reported…

byayotilewaJuly 31, 2026
How China’s Oil Strategy Is Keeping Global Crude Prices Under Control Amid Middle East Crisis
BusinessEnergyInternational

How China’s Oil Strategy Is Keeping Global Crude Prices Under Control Amid Middle East Crisis

The global oil market has remained surprisingly resilient despite months of severe supply disruptions in the Middle East, and analysts…

byayotilewaJuly 31, 2026
Nigeria First Policy Must Work For Manufacturing Sector – Stakeholders
BusinessEconomyLocal

Nigeria First Policy Must Work For Manufacturing Sector – Stakeholders

Nigeria’s manufacturing sector could be on the verge of a major transformation following the Federal Government’s introduction of the ‘Nigeria…

byayotilewaJuly 31, 2026
Nigeria’s $1tn economy by 2030 not slogan but target – Oyedele
BusinessEconomyLocal

Nigeria’s $1tn economy by 2030 not slogan but target – Oyedele

Nigeria’s ambition to become a $1 trillion economy by 2030 is more than an ambitious promise—it is a measurable national…

byayotilewaJuly 31, 2026
CBN reforms strengthening naira, stabilising markets — United Capital
BusinessFinanceLocal

CBN reforms strengthening naira, stabilising markets — United Capital

Nigeria’s ongoing economic reforms are beginning to deliver positive results, with United Capital Plc expressing confidence that the Central Bank…

byayotilewaJuly 31, 2026
NGX extends losing streak, investors lose N1.65 trillion in two days
BusinessLocalMarket

NGX extends losing streak, investors lose N1.65 trillion in two days

The Nigerian Exchange (NGX) continued its downward trend on Thursday, with investors losing another N1.005 trillion in market value as…

byayotilewaJuly 31, 2026
Nasdaq futures rise as tech stocks lead sharp Wall Street rebound
BusinessInternationalMarket

Nasdaq futures rise as tech stocks lead sharp Wall Street rebound

The U.S. stock market is heading into the final trading day of the week on a positive note as Wall…

byayotilewaJuly 31, 2026
Consumer Credit Falls to N3.8 Trillion as Banks Flag Over 13,000 BVNs for Fraud – CBN Report
BankingBusinessLocal

Consumer Credit Falls to N3.8 Trillion as Banks Flag Over 13,000 BVNs for Fraud – CBN Report

Nigeria’s banking sector witnessed a significant shift in 2025 as outstanding consumer credit fell for the first time in six…

byayotilewaJuly 31, 2026
CBN Cuts One-Year Treasury Bill Yield as Investors Flood Auction with ₦3.62 Trillion Bids
BankingBusinessFinanceLocal

CBN Cuts One-Year Treasury Bill Yield as Investors Flood Auction with ₦3.62 Trillion Bids

The Central Bank of Nigeria (CBN) has lowered the stop rate on its one-year Treasury Bill after an overwhelming response…

byayotilewaJuly 31, 2026
Imported petrol now costs more than Dangote fuel – Report
BusinessEnergyLocal

Imported petrol now costs more than Dangote fuel – Report

The cost of importing Premium Motor Spirit (PMS), popularly known as petrol, has now surpassed the price of fuel supplied…

byayotilewaJuly 31, 2026
Insurance recapitalisation deadline ends today as sector awaits NAICOM verdict
BusinessinsuranceLocal

Insurance recapitalisation deadline ends today as sector awaits NAICOM verdict

Nigeria’s insurance industry has reached a defining moment as the recapitalisation deadline officially expires today, leaving operators and investors eagerly…

byayotilewaJuly 31, 2026
Naira Climbs to N1,834 per British Pound as Sterling Weakens Against the US Dollar
BusinessLocal

Naira Climbs to N1,834 per British Pound as Sterling Weakens Against the US Dollar

The Nigerian Naira opened Friday’s trading session at N1,834 per British Pound, reflecting continued fluctuations in the foreign exchange market…

byayotilewaJuly 31, 2026
Nigeria’s Private Sector FX Demand Soars as Foreign Exchange Outflows Hit $16.3 Billion in 2025
BusinessEconomyLocal

Nigeria’s Private Sector FX Demand Soars as Foreign Exchange Outflows Hit $16.3 Billion in 2025

Foreign exchange demand from Nigeria’s private sector surged dramatically in 2025, with autonomous foreign exchange outflows jumping by an impressive…

byayotilewaJuly 31, 2026
Anthropic says its own AI models breached three companies during security tests
InternationalTechnology

Anthropic says its own AI models breached three companies during security tests

Artificial intelligence safety has come under fresh scrutiny after Anthropic revealed that three of its Claude AI models gained unauthorized…

byayotilewaJuly 31, 2026
NNPC to Acquire Seplat’s 10% Joint Venture Stake in $281.6 Million Deal
BusinessEnergyLocal

NNPC to Acquire Seplat’s 10% Joint Venture Stake in $281.6 Million Deal

The Nigerian National Petroleum Company Limited (NNPC) has reached an agreement to acquire a 10 percent stake in the NNPCL-SEPNU…

byayotilewaJuly 31, 2026
Oil Prices Set for Nearly 20% Monthly Jump Despite Market Pullback
BusinessEnergyInternational

Oil Prices Set for Nearly 20% Monthly Jump Despite Market Pullback

Crude oil prices may have slipped over the past few days, but the global market is still on track for…

byayotilewaJuly 31, 2026
Nigeria’s E-Invoicing Rollout Exposes Compliance Challenges for Large Businesses
BusinessEconomyLocal

Nigeria’s E-Invoicing Rollout Exposes Compliance Challenges for Large Businesses

As Nigeria officially enters a new era of digital tax administration, many of the country’s largest businesses are discovering that…

byayotilewaJuly 31, 2026
Microsoft Shatters Market Record with Historic $450 Billion One-Day Gain Driven by AI and Cloud Growth
BusinessInternationalTechnology

Microsoft Shatters Market Record with Historic $450 Billion One-Day Gain Driven by AI and Cloud Growth

Microsoft has made Wall Street history after adding nearly $450 billion in market value in a single trading day, setting…

byayotilewaJuly 31, 2026
Nigeria can refine fuel now. It just can’t feed it
BusinessEnergyLocal

Nigeria can refine fuel now. It just can’t feed it

For years, Nigeria pursued an ambitious goal of refining more of its crude oil at home instead of exporting it…

byayotilewaJuly 31, 2026
FG to publish detailed account of petrol subsidy savings, says Taiwo Oyedele
BusinessEconomyLocal

FG to publish detailed account of petrol subsidy savings, says Taiwo Oyedele

The Federal Government has announced plans to publish a comprehensive breakdown of how funds saved from the removal of petrol…

byayotilewaJuly 31, 2026

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