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Day: September 3, 2026

Dangote Says Tinubu Reforms Are Driving Refinery Growth, Investor Confidence
BusinessEnergyLocal

Dangote Says Tinubu Reforms Are Driving Refinery Growth, Investor Confidence

Aliko Dangote, President and Chief Executive Officer of Dangote Industries Limited, has linked the growing operations of the Dangote Petroleum…

byayotilewaSeptember 3, 2026
World Bank Backs Nigeria’s Electricity Tariff, Subsidy Reforms to Fix Power Sector
BusinessEnergyLocal

World Bank Backs Nigeria’s Electricity Tariff, Subsidy Reforms to Fix Power Sector

The World Bank has thrown its weight behind Nigeria’s electricity tariff and subsidy reforms, saying the changes are necessary to…

byayotilewaSeptember 3, 2026
Nigeria’s Eurobond Yields Rise to 8.2% as Investors Demand Higher Sovereign Risk Premium
BusinessLocalMarket

Nigeria’s Eurobond Yields Rise to 8.2% as Investors Demand Higher Sovereign Risk Premium

Nigeria’s Eurobond yields have climbed as high as 8.2 per cent, signalling that international investors are still demanding a significant…

byayotilewaSeptember 3, 2026
SEC Proposes N3bn Minimum Capital for Forex Brokers, N5bn for Trading Platforms
BusinessFinanceLocal

SEC Proposes N3bn Minimum Capital for Forex Brokers, N5bn for Trading Platforms

The Securities and Exchange Commission (SEC) has proposed sweeping new rules for Nigeria’s online forex and Contracts for Difference (CFD)…

byayotilewaSeptember 3, 2026
Nigerian Stocks Lose N41 Billion as Large-Cap Shares Drag NGX Lower
BusinessLocalStock

Nigerian Stocks Lose N41 Billion as Large-Cap Shares Drag NGX Lower

Nigerian stocks lost about N41 billion in market value on Wednesday as sell-offs in major large- and medium-capitalised companies pulled…

byayotilewaSeptember 3, 2026
Google Escapes Ad Business Breakup as US Judge Orders Changes to Its Operations
BusinessInternationalTechnology

Google Escapes Ad Business Breakup as US Judge Orders Changes to Its Operations

Google has avoided a major breakup of its advertising business after a US federal judge rejected the government’s push to…

byayotilewaSeptember 3, 2026
OPEC+ Likely to Keep October Oil Output Unchanged as Iran War Disrupts Supply
BusinessEnergyInternational

OPEC+ Likely to Keep October Oil Output Unchanged as Iran War Disrupts Supply

OPEC+ is expected to keep its oil production policy unchanged for October as disruptions linked to the Iran war continue…

byayotilewaSeptember 3, 2026
AfCFTA Unveils $5.17bn Digital Trade Corridor to Transform African Commerce
BusinessEconomyInternational

AfCFTA Unveils $5.17bn Digital Trade Corridor to Transform African Commerce

The African Continental Free Trade Area (AfCFTA) is set to strengthen digital trade across the continent with the establishment of…

byayotilewaSeptember 3, 2026
NGX Megacaps Add N46.69 Trillion in Market Value in Eight Months of 2026
BusinessLocalStock

NGX Megacaps Add N46.69 Trillion in Market Value in Eight Months of 2026

Nigeria’s biggest listed companies have delivered a major boost to the Nigerian Exchange (NGX), with nine megacap stocks adding a…

byayotilewaSeptember 3, 2026
UAE Energy Firm Moves to Acquire 90% Stake in Azura Power
BusinessEnergyInternationalinvestment

UAE Energy Firm Moves to Acquire 90% Stake in Azura Power

Abu Dhabi-based energy infrastructure platform ePointZero is set to acquire a 90 percent stake in Azura Power Holdings Limited, in…

byayotilewaSeptember 3, 2026

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