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Author: ayotilewa

Nigeria’s Trade Balance Surges 43% to ₦19.3tn in Nine Months — NBS Data
BusinessLocalMacroeconomic

Nigeria’s Trade Balance Surges 43% to ₦19.3tn in Nine Months — NBS Data

Nigeria’s trade balance recorded a great improvement in the first nine months of 2025, rising by 43.8 per cent year-on-year…

byayotilewaDecember 16, 2025
Bright Simons Warns Bank of Ghana’s Non-Interest Banking Rebrand Risks Confusion and Failure
BankingBusinessLocal

Bright Simons Warns Bank of Ghana’s Non-Interest Banking Rebrand Risks Confusion and Failure

Bright Simons, Vice President of policy think tank IMANI Africa, has raised serious concerns about the Bank of Ghana’s proposed…

byayotilewaDecember 16, 2025
Nigeria Spends N8.64 Trillion on Imported Boilers, Machinery, and Appliances in 2025
BusinessEnergyLocal

Nigeria Spends N8.64 Trillion on Imported Boilers, Machinery, and Appliances in 2025

Nigeria has spent a staggering N8.64 trillion on imported boilers, machinery, and appliances in the first nine months of 2025,…

byayotilewaDecember 16, 2025
Investing in FGN Savings Bonds vs FGN Bonds
investmentLocal

Investing in FGN Savings Bonds vs FGN Bonds

The Federal Government of Nigeria (FGN) offers two key investment options for those looking to invest in government debt: FGN…

byayotilewaDecember 16, 2025
CBN Approves 82 BDC Licenses: Forex Traders Expect More Approvals Soon
BusinessEconomyLocal

CBN Approves 82 BDC Licenses: Forex Traders Expect More Approvals Soon

Retail forex traders in Nigeria, known as Bureau De Change (BDC) operators, are optimistic that the Central Bank of Nigeria…

byayotilewaDecember 16, 2025
Cyberattacks Surge: Nigeria Among Most Targeted African Countries in November 2025
LocalTechnology

Cyberattacks Surge: Nigeria Among Most Targeted African Countries in November 2025

Nigeria has emerged as one of the most targeted African countries for cyberattacks in November 2025, according to a new…

byayotilewaDecember 16, 2025
OpenAI Licenses 200+ Disney Characters in Landmark Equity-Only Deal
InternationalTechnology

OpenAI Licenses 200+ Disney Characters in Landmark Equity-Only Deal

OpenAI has taken a major step into the world of entertainment by striking an equity-only licensing deal with the Walt…

byayotilewaDecember 16, 2025
NGX ICT Stocks Surge to N18.6 Trillion Market Cap in 2025 Amid Investor Optimism
LocalTechnology

NGX ICT Stocks Surge to N18.6 Trillion Market Cap in 2025 Amid Investor Optimism

Technology stocks on the Nigerian Exchange (NGX) have emerged as one of the standout performers in 2025, attracting significant investor…

byayotilewaDecember 16, 2025
Nigeria’s Fintechs and Startups Shine at NiRA 2025 .ng Domain Awards
LocalTechnology

Nigeria’s Fintechs and Startups Shine at NiRA 2025 .ng Domain Awards

Nigeria’s fintechs and startups took centre stage at the 2025 Nigeria Internet Registration Association (NiRA) .ng Domain Awards, signaling the…

byayotilewaDecember 16, 2025
Nigeria’s ₦30 Trillion Revenue Shortfall Sparks Concerns Over 2026 Budget
FinanceLocalMacroeconomic

Nigeria’s ₦30 Trillion Revenue Shortfall Sparks Concerns Over 2026 Budget

Nigeria’s federal government is under fresh scrutiny after revealing a ₦30 trillion shortfall in its 2025 revenue, casting doubts on…

byayotilewaDecember 16, 2025
Nvidia Expands Open Source AI with SchedMD Acquisition and Nemotron 3 Model Release
InternationalTechnology

Nvidia Expands Open Source AI with SchedMD Acquisition and Nemotron 3 Model Release

Nvidia is making bold moves in the open source AI space, announcing both a key acquisition and a new model…

byayotilewaDecember 16, 2025
Google Shuts Down Dark Web Report Feature: What Users Need to Know
InternationalTechnology

Google Shuts Down Dark Web Report Feature: What Users Need to Know

Google has announced it will retire its “Dark Web Report” feature starting February 16, 2026. Launched about a year and…

byayotilewaDecember 16, 2025
Dangote Petrol Price War: How Nigeria’s Fuel Market Faces a Brutal Downstream Shake-Up
BusinessEnergyLocal

Dangote Petrol Price War: How Nigeria’s Fuel Market Faces a Brutal Downstream Shake-Up

Nigeria’s downstream petroleum sector is in the grip of a fierce price war following Dangote Petroleum Refinery’s dramatic cut in…

byayotilewaDecember 16, 2025
Idle NNPC Refineries Drive Nigeria’s Petrol Imports Despite Dangote Output
BusinessEnergyLocal

Idle NNPC Refineries Drive Nigeria’s Petrol Imports Despite Dangote Output

Nigeria’s dependence on imported petrol deepened in November as marketers blamed the continued dormancy of government-owned refineries for the surge…

byayotilewaDecember 16, 2025
European markets open lower as investors await key central bank decisions
BusinessInternationalMarket

European markets open lower as investors await key central bank decisions

European stock markets are set to open lower on Tuesday, giving back early-week gains as investors brace for a packed…

byayotilewaDecember 16, 2025
Nigeria Inflation Eases to 14.45% as OPS Calls for MSME Credit Support
BusinessLocalMacroeconomic

Nigeria Inflation Eases to 14.45% as OPS Calls for MSME Credit Support

Nigeria’s headline inflation rate declined to 14.45 per cent in November 2025, marking a further easing in consumer price pressures,…

byayotilewaDecember 16, 2025
NGX Gains ₦3bn as Cautious Trading Reflects Investor Selectivity
BusinessLocalMarket

NGX Gains ₦3bn as Cautious Trading Reflects Investor Selectivity

The Nigerian equities market closed the first weekday of trading on a modest positive note, with the Nigerian Exchange Limited…

byayotilewaDecember 16, 2025
Nigeria’s Data Reforms Drive Economic Gains as Inflation Eases to 16.05%, GDP Grows 3.98%
LocalMacroeconomic

Nigeria’s Data Reforms Drive Economic Gains as Inflation Eases to 16.05%, GDP Grows 3.98%

Nigeria’s ongoing data and economic reforms are beginning to pay off, with inflation easing to 16.05 percent in November 2025…

byayotilewaDecember 15, 2025
BREAKING NEWS: Nigeria Inflation Drops to 14.45% in November 2025, Beats Tinubu’s 15% Target
BreakingLocalMacroeconomic

BREAKING NEWS: Nigeria Inflation Drops to 14.45% in November 2025, Beats Tinubu’s 15% Target

Nigeria’s headline inflation rate slowed to 14.45 percent in November 2025, marking a notable decline from 16.05 percent in October…

byayotilewaDecember 15, 2025
FG Set to Forfeit N1.4 Trillion in 2026 Through 5% Corporate Tax Cut to Boost Economy
BusinessEconomyLocal

FG Set to Forfeit N1.4 Trillion in 2026 Through 5% Corporate Tax Cut to Boost Economy

The Federal Government of Nigeria is set to give up approximately N1.4 trillion in revenue in 2026 by reducing the…

byayotilewaDecember 15, 2025
Google.org Supports Cybersecurity Effort to Protect 15 Million Public Records in Africa
InternationalTechnology

Google.org Supports Cybersecurity Effort to Protect 15 Million Public Records in Africa

Google.org has announced funding for a groundbreaking three-year initiative to protect more than 15 million public records and safeguard over…

byayotilewaDecember 15, 2025
NCC Attributes Poor Telephone Services in Abuja to Diesel Supply Disruption
LocalTechnology

NCC Attributes Poor Telephone Services in Abuja to Diesel Supply Disruption

The Nigerian Communications Commission (NCC) has confirmed ongoing disruptions in telephone services across Abuja, acknowledging that the quality of service…

byayotilewaDecember 15, 2025
Global Digital Economy Targets 9.5% Growth in 2026 Amid Rising Cybersecurity Demands
InternationalTechnology

Global Digital Economy Targets 9.5% Growth in 2026 Amid Rising Cybersecurity Demands

The global digital economy is set for a major leap in 2026, with growth projected at 9.5%, according to the…

byayotilewaDecember 15, 2025
Global Currencies on Edge Ahead of Central Bank Decisions and U.S. Data
FinanceInternationalMacroeconomic

Global Currencies on Edge Ahead of Central Bank Decisions and U.S. Data

Global currencies were largely rangebound on Monday as investors prepared for a critical week of central bank decisions and major…

byayotilewaDecember 15, 2025
99% of Nigerian Stock Market Investors Exempt from Capital Gains Tax, Says FG
BusinessFinanceLocal

99% of Nigerian Stock Market Investors Exempt from Capital Gains Tax, Says FG

The Federal Government has assured Nigerian investors that the vast majority of participants in the stock market will not be…

byayotilewaDecember 15, 2025
Bosun Tijani Explains How Bandits Evade Tracking Despite NIN-SIM Linkage
LocalTechnology

Bosun Tijani Explains How Bandits Evade Tracking Despite NIN-SIM Linkage

Nigeria’s Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, has clarified his recent comments on how bandits exploit…

byayotilewaDecember 15, 2025
World Bank Warns Rising Air Conditioner Use Could Strain Nigeria’s Power Grids
EnergyLocalMacroeconomic

World Bank Warns Rising Air Conditioner Use Could Strain Nigeria’s Power Grids

The World Bank has raised concerns over the rising use of air conditioners in Nigeria and other developing countries, warning…

byayotilewaDecember 15, 2025
NSIA’s 2025 Impact: Driving Nigeria’s Economic Growth Through Strategic Investments
investmentLocalMacroeconomic

NSIA’s 2025 Impact: Driving Nigeria’s Economic Growth Through Strategic Investments

In 2025, the Nigeria Sovereign Investment Authority (NSIA) has firmly established itself as more than just a savings and stabilization…

byayotilewaDecember 15, 2025
US Fed Rate Cut Could Ease Pressure on Naira, Analysts Say
investmentLocalMacroeconomic

US Fed Rate Cut Could Ease Pressure on Naira, Analysts Say

The United States Federal Reserve’s decision to lower its key interest rate by 25 basis points to a range of…

byayotilewaDecember 15, 2025
Nigerian Stock Market Gains N1.5 Trillion as MTN, Breweries, and Dangote Sugar Lead Rally
BusinessLocalStock

Nigerian Stock Market Gains N1.5 Trillion as MTN, Breweries, and Dangote Sugar Lead Rally

The Nigerian stock market recorded a strong rebound last week, with investors gaining over N1.5 trillion as trading momentum picked…

byayotilewaDecember 15, 2025

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