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Author: ayotilewa

12 NGX-Listed Companies Set to Pay Dividends in June 2026: Full Breakdown of Payout Dates and Stocks
BusinessFinanceLocalStock

12 NGX-Listed Companies Set to Pay Dividends in June 2026: Full Breakdown of Payout Dates and Stocks

Shareholders on the Nigerian Exchange (NGX) are in for a rewarding month as 12 listed companies have confirmed dividend payments…

byayotilewaJune 2, 2026
Nigeria’s Gas Reserves Set to Power Global AI Revolution, Boost Digital Infrastructure
EnergyLocalTechnology

Nigeria’s Gas Reserves Set to Power Global AI Revolution, Boost Digital Infrastructure

As artificial intelligence (AI) continues to reshape industries worldwide, the race to secure reliable energy sources has become a critical…

byayotilewaJune 2, 2026
Nvidia Targets $200 Billion AI PC Market with New RTX Spark Superchip
BusinessInternationalTechnology

Nvidia Targets $200 Billion AI PC Market with New RTX Spark Superchip

Nvidia has taken a major step toward reshaping the future of personal computing with the launch of its new RTX…

byayotilewaJune 2, 2026
CBN Targets 95% Financial Inclusion by 2028 as Cardoso Unveils Digital Payments Vision
BusinessEconomyFinanceLocal

CBN Targets 95% Financial Inclusion by 2028 as Cardoso Unveils Digital Payments Vision

The Central Bank of Nigeria (CBN) has unveiled an ambitious plan to achieve 95 percent financial inclusion by 2028, a…

byayotilewaJune 2, 2026
Nigeria Risks Losing Fintech Wealth as Tech Giants Eye Foreign Stock Listings, Expert Warns
BusinessEconomyLocal

Nigeria Risks Losing Fintech Wealth as Tech Giants Eye Foreign Stock Listings, Expert Warns

Nigeria’s booming fintech sector has become one of the country’s biggest success stories, but a financial markets expert has warned…

byayotilewaJune 2, 2026
Nvidia Partners Unitree to Power Next-Gen Humanoid Robots as AI Robotics Race Accelerates
InternationalTechnology

Nvidia Partners Unitree to Power Next-Gen Humanoid Robots as AI Robotics Race Accelerates

Nvidia has taken a bold step deeper into the robotics industry by selecting Chinese startup Unitree as its key partner…

byayotilewaJune 1, 2026
AI Psychosis Debate Heats Up as Tech CEOs, Google, and DuckDuckGo Signal Growing AI Backlash
InternationalTechnology

AI Psychosis Debate Heats Up as Tech CEOs, Google, and DuckDuckGo Signal Growing AI Backlash

A growing debate over what some are calling “AI psychosis” is intensifying in the tech world, sparked by Box founder…

byayotilewaJune 1, 2026
Nigeria’s Crude Oil Sector Grows 16.4% Despite Falling Production — Signs of a Quiet Recovery Emerging
BusinessEconomyEnergyLocal

Nigeria’s Crude Oil Sector Grows 16.4% Despite Falling Production — Signs of a Quiet Recovery Emerging

Nigeria’s crude petroleum sector has posted a surprising 16.37% year-on-year growth in the first quarter of 2026, signaling a rebound…

byayotilewaJune 1, 2026
NNPC Profit Soars to N481bn as Revenue Hits N4.97tn in April 2026 Amid Oil Output Recovery
BusinessEnergyLocal

NNPC Profit Soars to N481bn as Revenue Hits N4.97tn in April 2026 Amid Oil Output Recovery

The Nigerian National Petroleum Company Limited (NNPC) has reported a strong financial performance for April 2026, posting a profit after…

byayotilewaJune 1, 2026
Nigeria External Reserves Hit $49.26bn as Naira Gains Stability Near $50bn Milestone
BusinessFinanceLocalMacroeconomic

Nigeria External Reserves Hit $49.26bn as Naira Gains Stability Near $50bn Milestone

Nigeria’s external reserves have climbed to $49.26 billion, marking a four-month high and edging closer to the symbolic $50 billion…

byayotilewaJune 1, 2026
CBN Extends PoS Geo-Fencing Enforcement Deadline to July 31, 2026 Amid Compliance Push
BusinessFinanceLocal

CBN Extends PoS Geo-Fencing Enforcement Deadline to July 31, 2026 Amid Compliance Push

The Central Bank of Nigeria (CBN) has announced an extension of the enforcement deadline for its Point of Sale (PoS)…

byayotilewaJune 1, 2026
Tinubu’s Economic Reforms Stabilise Nigeria’s Economy, But Welfare Gains Still Lag – CPPE
LocalMacroeconomic

Tinubu’s Economic Reforms Stabilise Nigeria’s Economy, But Welfare Gains Still Lag – CPPE

The Centre for the Promotion of Private Enterprise (CPPE) says President Bola Tinubu’s first three years in office have largely…

byayotilewaJune 1, 2026
South Korea Stocks Surge to Record High as Asia Markets React to Trump’s Iran Deal Stance
BusinessFinanceInternational

South Korea Stocks Surge to Record High as Asia Markets React to Trump’s Iran Deal Stance

South Korean equities climbed to a fresh record high on Monday, with the Kospi index jumping 3.68% to 8,788.38, defying…

byayotilewaJune 1, 2026
NGX Stock Market Turnover Drops 31% to N111bn Amid Holiday-Shortened Trading Week
BusinessEconomyLocal

NGX Stock Market Turnover Drops 31% to N111bn Amid Holiday-Shortened Trading Week

The Nigerian stock market ended a shortened trading week on a softer note, as equity traders exchanged about N111.48 billion…

byayotilewaJune 1, 2026
NECA: Economic Reforms Fail to Ease Pressure on Nigerian Businesses Amid Rising Costs
BusinessEconomyLocal

NECA: Economic Reforms Fail to Ease Pressure on Nigerian Businesses Amid Rising Costs

Despite ongoing economic reforms in Nigeria, the Nigeria Employers’ Consultative Association (NECA) says many businesses are still struggling under heavy…

byayotilewaJune 1, 2026
Nigeria Stock Market Switches to T+1 Settlement as Investors Set for Faster Cash Turnaround
BusinessFinanceLocal

Nigeria Stock Market Switches to T+1 Settlement as Investors Set for Faster Cash Turnaround

Nigeria’s capital market has entered a new era of speed as a fresh trading rule officially takes effect, cutting the…

byayotilewaJune 1, 2026
Nigeria Capital Market Gains N60 Trillion in Five Months as Investor Confidence Soars
BusinessLocalMarket

Nigeria Capital Market Gains N60 Trillion in Five Months as Investor Confidence Soars

The Nigerian capital market has delivered a stunning performance in 2026, recording a massive wealth surge of over N60 trillion…

byayotilewaJune 1, 2026
Nigeria Shifts From Economic Reforms to Growth Phase — Oyedele
LocalMacroeconomic

Nigeria Shifts From Economic Reforms to Growth Phase — Oyedele

Nigeria is entering a new phase of its economic journey, moving from painful reforms into a period of expected growth,…

byayotilewaJune 1, 2026
Nvidia Enters the PC Market with N1X Arm Chip as Microsoft, Dell, HP Back New AI-Powered Laptops
BusinessInternationalTechnology

Nvidia Enters the PC Market with N1X Arm Chip as Microsoft, Dell, HP Back New AI-Powered Laptops

Nvidia is making a bold move beyond its dominance in AI data centers, stepping directly into the personal computer market…

byayotilewaJune 1, 2026
European Stocks Slip as Defense Sector Surges on Ukraine’s $105B EU Loan Boost
BusinessEnergyInternationalStock

European Stocks Slip as Defense Sector Surges on Ukraine’s $105B EU Loan Boost

European shares ended lower on Thursday as investors reacted cautiously to rising geopolitical tensions and mixed economic signals from global…

byayotilewaJune 1, 2026
Nigeria Spends £1.1bn on UK Refined Oil as Fuel Import Dependence Persists in 2025
BusinessEnergyInternational

Nigeria Spends £1.1bn on UK Refined Oil as Fuel Import Dependence Persists in 2025

Nigeria’s dependence on imported fuel remains a major talking point in its energy sector, as new data shows the country…

byayotilewaJune 1, 2026
Nigeria’s Banks Face Rising Bad Loans as CBN Ends Regulatory Forbearance, NPL Ratio Hits 8.03%
BankingBusinessEconomyLocal

Nigeria’s Banks Face Rising Bad Loans as CBN Ends Regulatory Forbearance, NPL Ratio Hits 8.03%

Nigeria’s banking sector is under fresh pressure as bad loans climbed to 8.03 per cent in January 2026, following the…

byayotilewaJune 1, 2026
Dangote Refinery Becomes World’s Largest Jet Fuel Exporter Amid Global Supply Disruptions
BusinessEconomyEnergyInternational

Dangote Refinery Becomes World’s Largest Jet Fuel Exporter Amid Global Supply Disruptions

Nigeria’s Dangote Petroleum Refinery has achieved a major milestone, emerging as the world’s largest exporter of jet fuel in April…

byayotilewaJune 1, 2026
Top Nigerian Stocks in May 2026: Learn Africa Leads Investors’ Attention with Strong Rally
BusinessLocalStock

Top Nigerian Stocks in May 2026: Learn Africa Leads Investors’ Attention with Strong Rally

Learn Africa Plc emerged as one of the best-performing Nigerian stocks in May 2026, delivering a remarkable 37.10% return and…

byayotilewaJune 1, 2026
Naira Ends May at N1,372/$ as FX Market Stability Boosts Investor Confidence
BusinessEconomyLocal

Naira Ends May at N1,372/$ as FX Market Stability Boosts Investor Confidence

The Nigerian naira ended May 2026 at N1,372 against the United States dollar, marking a relatively stable performance despite ongoing…

byayotilewaJune 1, 2026
FG, World Bank Cancel $717.7 Million Power Sector Loan as Tariff Deficits Worsen
BusinessEnergy

FG, World Bank Cancel $717.7 Million Power Sector Loan as Tariff Deficits Worsen

The Federal Government and the World Bank have agreed to cancel approximately $717.7 million in undisbursed funding under the Power…

byayotilewaMay 26, 2026
VFD Group Eyes Pan-African Expansion After ₦50.67bn Rights Issue Boost
FinanceInternationalinvestment

VFD Group Eyes Pan-African Expansion After ₦50.67bn Rights Issue Boost

VFD Group has announced plans to deepen its footprint across Africa as it pursues a carefully structured expansion strategy aimed…

byayotilewaMay 26, 2026
Nigeria Receives $187.3m US Aid as Washington Tightens Funding Conditions
BusinessInternational

Nigeria Receives $187.3m US Aid as Washington Tightens Funding Conditions

Nigeria has received a total of $187.3 million in US foreign assistance in 2026, according to new data published by…

byayotilewaMay 26, 2026
Nigeria Private Sector Credit Declines by N14 Trillion Despite CBN Rate Cut
BusinessEconomyLocal

Nigeria Private Sector Credit Declines by N14 Trillion Despite CBN Rate Cut

Nigeria’s private sector has recorded a sharp contraction in lending, with credit falling by over N14 trillion within just two…

byayotilewaMay 26, 2026
Alaoji Power Plant Restored: NDPHC Revives 450MW Facility Amid Nigeria Electricity Recovery Push
BusinessEnergyLocal

Alaoji Power Plant Restored: NDPHC Revives 450MW Facility Amid Nigeria Electricity Recovery Push

Nigeria’s power sector received a major boost as the Niger Delta Power Holding Company (NDPHC) announced the restoration of the…

byayotilewaMay 26, 2026

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