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Year: 2026

SEC T+1 Settlement Cycle Nigeria: SEC Sets June 1, 2026 for Capital Market Transition
BusinessFinanceinvestmentLocal

SEC T+1 Settlement Cycle Nigeria: SEC Sets June 1, 2026 for Capital Market Transition

The Securities and Exchange Commission (Nigeria) has announced a major shift in the country’s capital market structure, confirming that Nigeria…

byayotilewaMay 20, 2026
Wall Street Slips as Inflation Fears and Oil Shock Rattle US Markets
BusinessInternationalMarket

Wall Street Slips as Inflation Fears and Oil Shock Rattle US Markets

US stocks retreated in early trading on Tuesday as renewed inflation fears and rising global tensions pushed investors into a…

byayotilewaMay 20, 2026
Pan-African AI Ethics Fellowship Launches to Shape Safer and More Inclusive Artificial Intelligence Governance
InternationalTechnology

Pan-African AI Ethics Fellowship Launches to Shape Safer and More Inclusive Artificial Intelligence Governance

A new Pan-African initiative has been launched to strengthen ethical oversight and governance of artificial intelligence as African countries rapidly…

byayotilewaMay 20, 2026
Equities Post Modest Rebound As Selective Gains Add N917bn On NGX
BusinessLocalStock

Equities Post Modest Rebound As Selective Gains Add N917bn On NGX

Trading at the Nigerian Exchange (NGX) closed on a mildly positive note as selective buying interest helped the market recover,…

byayotilewaMay 20, 2026
W’Bank flags skills deficit across African economies
BusinessEconomyInternational

W’Bank flags skills deficit across African economies

A growing mismatch between the skills African workers have and what employers actually need is becoming a major barrier to…

byayotilewaMay 20, 2026
Google Search Goes Fully AI
InternationalTechnology

Google Search Goes Fully AI

Google has officially announced what may be the biggest transformation in its history: a complete overhaul of Google Search powered…

byayotilewaMay 20, 2026
FGN Bond Subscriptions Drop 45% as Investors React to Higher Yields in 2026 Auction
BusinessEconomyLocal

FGN Bond Subscriptions Drop 45% as Investors React to Higher Yields in 2026 Auction

Investor confidence in Federal Government of Nigeria (FGN) bonds weakened in May 2026, as total subscriptions dropped sharply by 45.6…

byayotilewaMay 20, 2026
European Stocks Slip as Bond Yield Surge, Inflation Data Weigh on Investor Sentiment
BusinessEconomyInternationalinvestment

European Stocks Slip as Bond Yield Surge, Inflation Data Weigh on Investor Sentiment

European stock markets opened in negative territory on Wednesday as investors grappled with rising global bond yields, fresh inflation data…

byayotilewaMay 20, 2026
BUA Cement, Banking Stocks Lift NGX as All-Share Index Ends Four-Day Losing Streak
BusinessLocalStock

BUA Cement, Banking Stocks Lift NGX as All-Share Index Ends Four-Day Losing Streak

The Nigerian stock market returned to positive territory on Tuesday as gains in BUA Cement and several large-cap banking stocks…

byayotilewaMay 20, 2026
World Bank says global carbon pricing revenue tops $107 billion in 2025
BusinessEconomyEnergyInternational

World Bank says global carbon pricing revenue tops $107 billion in 2025

Global carbon pricing revenue climbed above $107 billion in 2025, marking another milestone in the worldwide push to reduce greenhouse…

byayotilewaMay 20, 2026
South African Investors Set Sights on Dangote Refinery as Africa’s Industrial Future Gains Momentum
BusinessEnergyInternationalinvestment

South African Investors Set Sights on Dangote Refinery as Africa’s Industrial Future Gains Momentum

Africa’s largest industrial project may soon attract significant South African capital as leading pension and investment institutions expressed strong interest…

byayotilewaMay 20, 2026
CBN Set to Maintain Tight Monetary Policy as Inflation and Global Oil Shock Deepen Pressure on Economy
BusinessEconomyLocal

CBN Set to Maintain Tight Monetary Policy as Inflation and Global Oil Shock Deepen Pressure on Economy

Financial analysts and economists are widely expecting the Central Bank of Nigeria (CBN) to maintain its current tight monetary policy…

byayotilewaMay 19, 2026
Tax reform: FG opens free dispute resolution channels
BusinessEconomyLocal

Tax reform: FG opens free dispute resolution channels

The Federal Government has launched a new free tax dispute resolution system in Nigeria, allowing taxpayers to resolve issues without…

byayotilewaMay 19, 2026
CBN Likely to Hold Interest Rate at 26.5% as Inflation Pressures Persist — Analysts
BusinessEconomyLocal

CBN Likely to Hold Interest Rate at 26.5% as Inflation Pressures Persist — Analysts

Nigeria’s monetary policy direction is once again in focus as the Central Bank of Nigeria (CBN) prepares for its Monetary…

byayotilewaMay 19, 2026
Nigeria Revenue Service Introduces Unified Tax ID System for All Taxpayers Nationwide
BusinessLocal

Nigeria Revenue Service Introduces Unified Tax ID System for All Taxpayers Nationwide

The Nigeria Revenue Service (NRS), in partnership with the Joint Revenue Board (JRB), has officially announced the rollout of a…

byayotilewaMay 19, 2026
AKK Gas Pipeline Project Set to Revolutionize Nigeria’s Economy and Industrial Growth
BusinessEconomyEnergyLocal

AKK Gas Pipeline Project Set to Revolutionize Nigeria’s Economy and Industrial Growth

Nigeria’s ambitious $2.8 billion Ajaokuta–Kaduna–Kano (AKK) gas pipeline project is being described as a game-changer that could reshape the country’s…

byayotilewaMay 19, 2026
Institute Advocates AI Adoption
BusinessInternationalTechnology

Institute Advocates AI Adoption

Artificial intelligence (AI) is rapidly shifting from a theoretical innovation to a powerful driver of transformation across industries, according to…

byayotilewaMay 19, 2026
Intel Foundry Business Gains Momentum as CEO Signals New Customer Deals and Manufacturing Breakthrough
BusinessInternationalTechnology

Intel Foundry Business Gains Momentum as CEO Signals New Customer Deals and Manufacturing Breakthrough

Intel is seeing renewed optimism around its foundry business as CEO Lip-Bu Tan says the company’s external chip manufacturing arm…

byayotilewaMay 19, 2026
CBN Monetary Policy Rate Decision: Analysts Expect Hold at 26.5% Amid Rising Inflation Pressures
BusinessEconomyLocal

CBN Monetary Policy Rate Decision: Analysts Expect Hold at 26.5% Amid Rising Inflation Pressures

Analysts are widely expecting the Central Bank of Nigeria (CBN) to keep its Monetary Policy Rate (MPR) unchanged at 26.5%…

byayotilewaMay 19, 2026
Anthropic Acquires Stainless: AI Giant Strengthens Dev Tools Control with Major Startup Deal
InternationalTechnology

Anthropic Acquires Stainless: AI Giant Strengthens Dev Tools Control with Major Startup Deal

Artificial intelligence company Anthropic has officially acquired the developer tools startup Stainless, a company whose software is already widely used…

byayotilewaMay 19, 2026May 19, 2026
US–Iran Crisis Pushes Nigerian Crude Toward $120 as Global Oil Prices Surge
BusinessEnergyInternational

US–Iran Crisis Pushes Nigerian Crude Toward $120 as Global Oil Prices Surge

Nigeria’s crude oil market is once again feeling the heat of global tensions, as the ongoing US–Iran crisis drives prices…

byayotilewaMay 19, 2026
Asia Markets Mixed as Oil Prices Ease After Trump Delays Iran Strike Amid Global Uncertainty
BusinessEconomyInternational

Asia Markets Mixed as Oil Prices Ease After Trump Delays Iran Strike Amid Global Uncertainty

Asia-Pacific financial markets traded in a mixed pattern on Tuesday as investors reacted to easing oil prices and renewed geopolitical…

byayotilewaMay 19, 2026
Nigerian Stock Market Dips as Investors Lose N81bn Amid Profit-Taking Pressure
BusinessLocalStock

Nigerian Stock Market Dips as Investors Lose N81bn Amid Profit-Taking Pressure

The Nigerian equities market started the week on a weak note as investors recorded losses of about N81bn following a…

byayotilewaMay 19, 2026
Banks Flood Treasury Bills Market as High Yields Attract Surplus Liquidity in Nigeria
BankingBusinessEconomyLocal

Banks Flood Treasury Bills Market as High Yields Attract Surplus Liquidity in Nigeria

Nigeria’s banking sector is once again turning to government securities as a safe haven, with commercial banks increasingly channeling excess…

byayotilewaMay 19, 2026
CPPE Warns CBN: Further Interest Rate Hikes Could Stall Nigeria’s Economic Recovery
BusinessEconomyLocal

CPPE Warns CBN: Further Interest Rate Hikes Could Stall Nigeria’s Economic Recovery

The Centre for the Promotion of Private Enterprise (CPPE) has urged the Central Bank of Nigeria (CBN) to tread carefully…

byayotilewaMay 19, 2026
Rank Capital Named Among Africa’s Fastest-Growing Fintechs on FT List
BusinessEconomyInternationalTechnology

Rank Capital Named Among Africa’s Fastest-Growing Fintechs on FT List

Rank Capital has earned a spot on the Financial Times’ list of Africa’s fastest-growing companies, ranking seventh among fintech firms…

byayotilewaMay 19, 2026
Aradel Leads N37.02bn NGX Turnover as Oil Stocks Drive Mixed Market Performance on Monday
BusinessLocalStock

Aradel Leads N37.02bn NGX Turnover as Oil Stocks Drive Mixed Market Performance on Monday

The Nigerian Exchange (NGX) started the week on a mixed note as Aradel Holdings Plc emerged as the standout performer,…

byayotilewaMay 19, 2026
SEC Nigeria Approves T+1 Settlement Cycle to Modernize Capital Market from June 1, 2026
investmentLocalStock

SEC Nigeria Approves T+1 Settlement Cycle to Modernize Capital Market from June 1, 2026

Nigeria’s Securities and Exchange Commission (SEC) has announced a major shift in how trades are settled in the country’s capital…

byayotilewaMay 19, 2026
Dangote Refinery reduces Jet Fuel Price to N1,650
BusinessEnergyLocal

Dangote Refinery reduces Jet Fuel Price to N1,650

Nigeria’s aviation industry has received a major boost as Dangote Petroleum Refinery & Petrochemicals announced a reduction in the price…

byayotilewaMay 19, 2026
AFC Unveils $100 Million Investment Plan to Boost Africa’s Tech Startups and Digital Economy
InternationalinvestmentTechnology

AFC Unveils $100 Million Investment Plan to Boost Africa’s Tech Startups and Digital Economy

Africa’s technology sector is set for a major boost as the Africa Finance Corporation (AFC) announced plans to invest up…

byayotilewaMay 19, 2026

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