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Author: ayotilewa

FG’s N501 Billion Power Sector Bond Fully Subscribed, Boosting Investor Confidence in Nigeria’s Electricity Market
EnergyLocal

FG’s N501 Billion Power Sector Bond Fully Subscribed, Boosting Investor Confidence in Nigeria’s Electricity Market

The Federal Government of Nigeria has successfully achieved full subscription for its N501 billion inaugural power sector bond under the…

byayotilewaJanuary 28, 2026
Nigeria’s Economic Reforms Set to Boost Consumer Spending and Drive Growth in 2026
BusinessLocalMacroeconomic

Nigeria’s Economic Reforms Set to Boost Consumer Spending and Drive Growth in 2026

Nigeria’s ongoing economic reforms are set to ignite consumer spending and business growth, according to the Mastercard Economics Institute (MEI).…

byayotilewaJanuary 28, 2026
Nigeria’s Tax Committee Strengthens Stakeholder Engagement for Smooth Implementation of New Tax Laws
BusinessEconomyFinanceLocal

Nigeria’s Tax Committee Strengthens Stakeholder Engagement for Smooth Implementation of New Tax Laws

The National Tax Policy Implementation Committee (NTPIC) has intensified efforts to ensure the effective rollout of Nigeria’s newly enacted tax…

byayotilewaJanuary 28, 2026
Nigerian Stock Market Trades N17.3 Billion as Investors Record N3 Billion Weekly Gain
BusinessFinanceStock

Nigerian Stock Market Trades N17.3 Billion as Investors Record N3 Billion Weekly Gain

Investors on the Nigerian Exchange Limited (NGX) exchanged 601.65 million shares valued at N17.3 billion in 58,429 transactions on Monday,…

byayotilewaJanuary 28, 2026
CAP Plc Posts N9.1 Billion Profit in 2025 as Paint Sales Surge
BusinessLocal

CAP Plc Posts N9.1 Billion Profit in 2025 as Paint Sales Surge

Chemical and Allied Products Plc (CAP) has announced a remarkable N9.1 billion pre-tax profit for the 2025 financial year, marking…

byayotilewaJanuary 28, 2026
CBN Allows Banks to Accept Expired NAFDAC Licences for Imports Until February 2026
BusinessLocalTrade

CBN Allows Banks to Accept Expired NAFDAC Licences for Imports Until February 2026

The Central Bank of Nigeria (CBN) has announced a temporary two-month allowance enabling authorised dealer banks (ADBs) to accept expired…

byayotilewaJanuary 28, 2026
BUA Cement Expands Sokoto Plant with $240M Investment to Boost Production
BusinessEconomyLocal

BUA Cement Expands Sokoto Plant with $240M Investment to Boost Production

BUA Cement Plc has announced a $240 million investment to expand its Sokoto cement plant, introducing a modern 3-million-tonne-per-annum production…

byayotilewaJanuary 28, 2026
Foreign Exchange Stability Key to Restoring Investor Confidence in Nigeria, Says BCI President
BusinessinvestmentLocal

Foreign Exchange Stability Key to Restoring Investor Confidence in Nigeria, Says BCI President

Dr. Adesola Falaiye, President of Business Club Ikeja (BCI), has emphasized that sustained stability in Nigeria’s foreign exchange market is…

byayotilewaJanuary 28, 2026
Nigeria’s Chevron-NNPC Discovery Set to Boost Daily Crude Output to 146,000 Barrels
BusinessEnergyLocal

Nigeria’s Chevron-NNPC Discovery Set to Boost Daily Crude Output to 146,000 Barrels

Nigeria is set to ramp up its crude oil production following a major offshore discovery by Chevron Nigeria Limited (CNL)…

byayotilewaJanuary 28, 2026
FGN Bond Auction 2026: Federal Government Raises N1.54 Trillion Amid Oversubscription
BusinessinvestmentLocal

FGN Bond Auction 2026: Federal Government Raises N1.54 Trillion Amid Oversubscription

The Federal Government of Nigeria has launched its 2026 domestic borrowing program with a highly successful FGN Bond auction, raising…

byayotilewaJanuary 28, 2026
GTCO, Aradel Lead Trading Value as Nigerian Stock Market Edges Up 0.12%
BusinessinvestmentLocalStock

GTCO, Aradel Lead Trading Value as Nigerian Stock Market Edges Up 0.12%

The Nigerian stock market recorded a modest uptick on Tuesday, 27 January 2026, with the All-Share Index (ASI) rising 0.12%…

byayotilewaJanuary 28, 2026
Erdogan Eyes $5 Billion Nigeria-Türkiye Trade Deal During Tinubu Visit
BusinessEconomyInternational

Erdogan Eyes $5 Billion Nigeria-Türkiye Trade Deal During Tinubu Visit

During Nigerian President Bola Tinubu’s state visit to Türkiye, President Recep Tayyip Erdogan announced that his country is targeting a…

byayotilewaJanuary 28, 2026
Google Photos Expands Prompt-Based AI Editing to India, Australia, and Japan
InternationalTechnology

Google Photos Expands Prompt-Based AI Editing to India, Australia, and Japan

Google is expanding its AI-powered photo editing tools to more parts of the world, bringing its prompt-based editing feature to…

byayotilewaJanuary 28, 2026
European Markets Set for Mixed Open as ASML Earnings Steal the Spotlight
BusinessInternationalStock

European Markets Set for Mixed Open as ASML Earnings Steal the Spotlight

European stock markets are expected to open mixed on Wednesday as investors brace for a busy day of corporate earnings…

byayotilewaJanuary 28, 2026
Imported Petrol Undercuts Dangote Refinery Price After Gantry Hike
BusinessEnergyLocal

Imported Petrol Undercuts Dangote Refinery Price After Gantry Hike

Imported petrol has become cheaper than fuel produced by the Dangote Petroleum Refinery, following a recent increase in the refinery’s…

byayotilewaJanuary 28, 2026
Nigerian Firms Secure $2.5bn in World Bank Contracts, Rank Fifth Globally
BusinessEconomyLocal

Nigerian Firms Secure $2.5bn in World Bank Contracts, Rank Fifth Globally

Nigerian companies have secured more than $2.5 billion worth of World Bank–financed contracts, placing the country fifth globally among beneficiaries…

byayotilewaJanuary 28, 2026
Selective Buying Boosts NGX by N3.45bn as NPF Microfinance and Morison Lead Market Gainers
BusinessFinanceLocal

Selective Buying Boosts NGX by N3.45bn as NPF Microfinance and Morison Lead Market Gainers

Selective buying in a few key stocks helped lift the Nigerian Exchange Limited (NGX) slightly on Monday, despite subdued trading…

byayotilewaJanuary 27, 2026
Nigerian Stock Market Loses N395bn Amid Investor Profit-Taking
BusinessFinanceLocal

Nigerian Stock Market Loses N395bn Amid Investor Profit-Taking

The Nigerian stock market experienced its first weekly decline last week, shedding N395 billion in market value as investors intensified…

byayotilewaJanuary 27, 2026
European Stocks Climb on EU-India “Mother of All Deals” While Dr Martens Slumps
BusinessInternationalMarket

European Stocks Climb on EU-India “Mother of All Deals” While Dr Martens Slumps

European stocks edged higher on Tuesday as investors reacted positively to the European Union’s historic trade agreement with India. The…

byayotilewaJanuary 27, 2026
AI-Enabled Talent Intelligence: The Competitive Edge for Nigeria’s Digital Economy
BusinessLocalTechnology

AI-Enabled Talent Intelligence: The Competitive Edge for Nigeria’s Digital Economy

Artificial intelligence promises faster processes, fewer errors, and leaner operations—but technology alone doesn’t guarantee better results. Across Nigeria’s telecoms and…

byayotilewaJanuary 27, 2026
FGN Bond Auction Overshoots N900 Billion, Allots N1.54 Trillion in January 2026
BusinessFinanceLocal

FGN Bond Auction Overshoots N900 Billion, Allots N1.54 Trillion in January 2026

The Federal Government of Nigeria (FGN) exceeded expectations at its January 2026 bond auction, allotting a total of N1.54 trillion,…

byayotilewaJanuary 27, 2026
Nigeria’s Exports to Africa Surge 14% in H1 2025, Fuel Leads Trade Growth
BusinessLocalTrade

Nigeria’s Exports to Africa Surge 14% in H1 2025, Fuel Leads Trade Growth

Nigeria’s exports to Africa surged 14% in the first half of 2025, reaching N4.82 trillion, up from N4.21 trillion in…

byayotilewaJanuary 27, 2026
FG Launches Nationwide Cloves Farming Programme to Empower 74,000 Farmers in 2026
AgricultureBusinessLocal

FG Launches Nationwide Cloves Farming Programme to Empower 74,000 Farmers in 2026

The Federal Government of Nigeria has inaugurated its maiden nationwide cloves farming programme for the 2026 wet season, aiming to…

byayotilewaJanuary 27, 2026
Central Bank of Kenya Plans KSh 50 Billion Bond Sale Amid Investor Interest Surge
FinanceLocalMacroeconomic

Central Bank of Kenya Plans KSh 50 Billion Bond Sale Amid Investor Interest Surge

The Central Bank of Kenya (CBK) is set to raise KSh 50 billion in February through the sale of long-term…

byayotilewaJanuary 27, 2026
Kenya Launches KSh 454 Million EU-Backed Cybersecurity Project to Combat Rising Digital Threats
BusinessLocalTechnology

Kenya Launches KSh 454 Million EU-Backed Cybersecurity Project to Combat Rising Digital Threats

Kenya has unveiled a KSh 454 million (€3 million) European Union-funded cybersecurity initiative aimed at fortifying the country’s digital infrastructure…

byayotilewaJanuary 27, 2026
Ghana Treasury Bill Auction: Gov’t Raises GH¢12.83bn as 364-Day Rates Hit 13.06%
EconomyFinanceinvestmentLocal

Ghana Treasury Bill Auction: Gov’t Raises GH¢12.83bn as 364-Day Rates Hit 13.06%

Ghana’s government successfully raised GH¢12.83 billion in its latest Treasury bill auction, surpassing expectations as investor demand for short-term government…

byayotilewaJanuary 27, 2026
Google to Pay $68 Million in Settlement Over Voice Assistant Privacy Concerns
InternationalTechnology

Google to Pay $68 Million in Settlement Over Voice Assistant Privacy Concerns

Google has agreed to pay $68 million to settle claims that its voice assistant illegally recorded users’ private conversations, Reuters…

byayotilewaJanuary 27, 2026
Meta Tests Premium Subscriptions on Instagram, Facebook, and WhatsApp
InternationalTechnology

Meta Tests Premium Subscriptions on Instagram, Facebook, and WhatsApp

Meta is stepping into the world of premium subscriptions, aiming to offer users exclusive features across Instagram, Facebook, and WhatsApp.…

byayotilewaJanuary 27, 2026
Nigeria’s N20.12 Trillion Budget Deficit Could Squeeze Private Sector Credit in 2026
BusinessLocalMacroeconomic

Nigeria’s N20.12 Trillion Budget Deficit Could Squeeze Private Sector Credit in 2026

Nigeria’s projected N20.12 trillion budget deficit for the 2026 fiscal year has raised alarms among financial analysts, who warn that…

byayotilewaJanuary 27, 2026
Nigeria’s Debt Crisis Deepens: Budget Deficit Hits N23.85 Trillion Amid Rising Borrowing
BusinessEconomyFinanceLocal

Nigeria’s Debt Crisis Deepens: Budget Deficit Hits N23.85 Trillion Amid Rising Borrowing

Nigeria’s public debt burden has escalated dramatically over the past decade, with the budget deficit soaring from N2.2 trillion in…

byayotilewaJanuary 27, 2026

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