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Day: August 18, 2026

AI Automation Startup Relay Shuts Down as Founder Joins Google Chrome Team
InternationalTechnology

AI Automation Startup Relay Shuts Down as Founder Joins Google Chrome Team

AI automation startup Relay is shutting down after five years of helping businesses automate repetitive tasks, with founder and CEO…

byayotilewaAugust 18, 2026
Brent Crude Surges Above $90 as Strait of Hormuz Tensions Escalate
BusinessEnergyInternational

Brent Crude Surges Above $90 as Strait of Hormuz Tensions Escalate

Brent crude oil prices climbed above $90 per barrel on Monday as renewed tensions between Iran and the United States…

byayotilewaAugust 18, 2026
Proposed Crude Swap Could Save Nigerian Refiners Up to $329m
BusinessEnergyLocal

Proposed Crude Swap Could Save Nigerian Refiners Up to $329m

Nigeria’s domestic refineries could have saved as much as $328.8m in the first half of 2026 if the proposed crude…

byayotilewaAugust 18, 2026
Food Inflation Hits 20.31% in July as Rising Prices Put Fresh Pressure on Nigerians
BusinessEconomyLocal

Food Inflation Hits 20.31% in July as Rising Prices Put Fresh Pressure on Nigerians

Nigeria’s food inflation rate climbed sharply to 20.31% year-on-year in July 2026, reaching its highest level in 10 months and…

byayotilewaAugust 18, 2026
Otedola Boosts First HoldCo Stake With Fresh N20.7bn Share Purchase
BusinessFinanceLocal

Otedola Boosts First HoldCo Stake With Fresh N20.7bn Share Purchase

Femi Otedola, Chairman of First HoldCo Plc, has further increased his stake in the financial services group after purchasing shares…

byayotilewaAugust 18, 2026
FG Offers Nigerians Up to ₦50m Housing Loan at 6% — How to Apply
BusinessEconomy

FG Offers Nigerians Up to ₦50m Housing Loan at 6% — How to Apply

The Federal Government, through the Federal Mortgage Bank of Nigeria (FMBN), is offering eligible Nigerians an opportunity to finance their…

byayotilewaAugust 18, 2026
$25bn Nigeria-Morocco Gas Pipeline Faces Fresh Delays Amid Growing Concerns
BusinessEnergyInternational

$25bn Nigeria-Morocco Gas Pipeline Faces Fresh Delays Amid Growing Concerns

The much-anticipated Nigeria-Morocco Gas Pipeline is facing fresh concerns over delays, with the more than $25 billion project yet to…

byayotilewaAugust 18, 2026

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