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Category: Business

New Tax Law Raises Bar for Professionals, Redefines Tax Practice in Nigeria
BusinessLocal

New Tax Law Raises Bar for Professionals, Redefines Tax Practice in Nigeria

The enactment of Nigeria’s new tax reform laws has significantly raised the importance of certified tax professionals in the country’s…

byayotilewaMarch 25, 2026
Rebuilding Nigeria’s Commodities and Futures Exchange: Key to Economic Diversification
BusinessFinanceLocal

Rebuilding Nigeria’s Commodities and Futures Exchange: Key to Economic Diversification

Nigeria’s ambition to diversify its economy beyond oil has placed agriculture, solid minerals, and manufacturing at the center of policy…

byayotilewaMarch 25, 2026
Nigerian Equities Surge N1.086 Trillion as Banking and Large-Cap Stocks Drive Market Rally
BusinessLocalStock

Nigerian Equities Surge N1.086 Trillion as Banking and Large-Cap Stocks Drive Market Rally

The Nigerian equities market recorded a significant boost on Tuesday, advancing by N1.086 trillion as renewed investor interest in select…

byayotilewaMarch 25, 2026
FG and NGX Champion Women’s Participation in Nigeria’s Capital Market
BusinessEconomyLocal

FG and NGX Champion Women’s Participation in Nigeria’s Capital Market

The federal government and the Nigerian Exchange Group (NGX) are intensifying efforts to boost women’s participation in Nigeria’s capital market,…

byayotilewaMarch 25, 2026
Africa Must Strengthen Industrial Cybersecurity Amid Rising Digital Threats
BusinessLocalTechnology

Africa Must Strengthen Industrial Cybersecurity Amid Rising Digital Threats

As Africa’s industrial market grows, cybersecurity experts are urging companies to upgrade their digital defenses. The continent’s cybersecurity market, valued…

byayotilewaMarch 25, 2026
Cardoso Calls for African Financial Regulators to Unite Against Rising Cross-Border Risks
BusinessFinanceLocal

Cardoso Calls for African Financial Regulators to Unite Against Rising Cross-Border Risks

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has called on African financial regulators to strengthen collaboration…

byayotilewaMarch 25, 2026
UK-Educated Alumni Drive Nigeria’s Tech, Culture, and Healthcare Innovation — British Council
BusinessInternationalTechnology

UK-Educated Alumni Drive Nigeria’s Tech, Culture, and Healthcare Innovation — British Council

Nigerians educated in the United Kingdom are making a lasting impact across technology, culture, healthcare, and social development, the British…

byayotilewaMarch 25, 2026
Nigeria Needs $100bn Investment to Achieve Reliable Electricity, Says FG
BusinessEnergyinvestmentLocal

Nigeria Needs $100bn Investment to Achieve Reliable Electricity, Says FG

Nigeria requires more than $100 billion in investments across its power sector to ensure a reliable, round-the-clock electricity supply, the…

byayotilewaMarch 25, 2026
NNPC to Increase Oil Production by 100,000 BPD Amid Global Energy Pressures
BusinessEnergyLocal

NNPC to Increase Oil Production by 100,000 BPD Amid Global Energy Pressures

Nigeria’s state oil company, the Nigerian National Petroleum Company Limited (NNPC), is set to increase its oil output by approximately…

byayotilewaMarch 25, 2026
European Markets Rise as U.S.-Iran Talks Ease War Tensions
BusinessEconomyInternational

European Markets Rise as U.S.-Iran Talks Ease War Tensions

European stock markets are poised for a stronger open on Wednesday, lifted by growing optimism that tensions between the United…

byayotilewaMarch 25, 2026
Naira Weakens to N1,383.5/$ as External Reserves Fall to $49.6 Billion
BusinessFinanceLocalMarket

Naira Weakens to N1,383.5/$ as External Reserves Fall to $49.6 Billion

The Nigerian naira recorded a slight depreciation on Tuesday, settling at N1,383.5 per dollar, compared to N1,383/$ on Monday, as…

byayotilewaMarch 25, 2026
CBN Orders IMTOs to Open Naira Settlement Accounts to Boost FX Transparency
BankingBusinessLocal

CBN Orders IMTOs to Open Naira Settlement Accounts to Boost FX Transparency

The Central Bank of Nigeria (CBN) has directed all International Money Transfer Operators (IMTOs) to open and maintain naira settlement…

byayotilewaMarch 25, 2026
Global Trade Moves 500bn Tonnes of Virtual Water Yearly – World Bank Report
BusinessInternational

Global Trade Moves 500bn Tonnes of Virtual Water Yearly – World Bank Report

Global trade is responsible for transporting an estimated 500 billion tonnes of “virtual water” each year, according to a new…

byayotilewaMarch 25, 2026
Federal Government Inaugurates New PenCom Board to Safeguard N28 Trillion Pension Assets
BusinessFinanceLocal

Federal Government Inaugurates New PenCom Board to Safeguard N28 Trillion Pension Assets

The federal government has officially inaugurated the new governing board of the National Pension Commission (PenCom), charging its members with…

byayotilewaMarch 24, 2026
Enugu Emerges as Top Investment Destination: Governor Mbah Sparks UK Investors’ Interest
BusinessInternationalinvestment

Enugu Emerges as Top Investment Destination: Governor Mbah Sparks UK Investors’ Interest

Enugu State is fast emerging as a prime investment destination, following a high-profile engagement in London where Governor Peter Mbah…

byayotilewaMarch 24, 2026
Tinubu, Barbadian PM to Lead Inaugural Niger Delta Economic and Investment Summit
BusinessinvestmentLocal

Tinubu, Barbadian PM to Lead Inaugural Niger Delta Economic and Investment Summit

President Bola Tinubu and the Prime Minister of Barbados, Hon. Mia Amor Mottley, are set to attend the inaugural Niger…

byayotilewaMarch 24, 2026
Petrol Hits N1,400/Litre: NLC, OPS Demand Urgent Government Action Amid Fuel Crisis
BusinessEnergyLocal

Petrol Hits N1,400/Litre: NLC, OPS Demand Urgent Government Action Amid Fuel Crisis

The Organised Private Sector (OPS) and the Nigeria Labour Congress (NLC) have urged the Federal Government to act immediately as…

byayotilewaMarch 24, 2026
UK’s £746 Million Investment Signals Global Confidence in Nigeria’s Economy – Dangote
BusinessInternationalinvestment

UK’s £746 Million Investment Signals Global Confidence in Nigeria’s Economy – Dangote

The recent £746 million investment by the United Kingdom, announced during President Bola Tinubu’s state visit to London, signals strong…

byayotilewaMarch 24, 2026
European Stocks Struggle Amid Iran Conflict Uncertainty – Market Volatility Persists
BusinessFinanceInternationalMarket

European Stocks Struggle Amid Iran Conflict Uncertainty – Market Volatility Persists

European stocks struggled to find clear direction on Tuesday as uncertainty surrounding the Iran conflict weighed heavily on investor sentiment.…

byayotilewaMarch 24, 2026
Top 5 NGX Industrial Goods Companies with Assets Above N20 Billion in FY2025
BusinessLocalStock

Top 5 NGX Industrial Goods Companies with Assets Above N20 Billion in FY2025

The Nigerian Exchange (NGX) industrial goods sector continues to show strong growth, with five leading companies reporting combined total assets…

byayotilewaMarch 24, 2026
Global Markets Rebound After Trump Postpones Strike: S&P 500 Leads Recovery
BusinessInternationalStock

Global Markets Rebound After Trump Postpones Strike: S&P 500 Leads Recovery

Global stock markets staged a strong recovery on March 23, 2026, following U.S. President Donald Trump’s announcement that planned military…

byayotilewaMarch 24, 2026
Nigeria’s Eurobonds Rebound as Yields Ease to 7.18% Amid Global Market Tensions
BusinessFinanceLocal

Nigeria’s Eurobonds Rebound as Yields Ease to 7.18% Amid Global Market Tensions

Nigeria’s Eurobond market ended last week on a positive note, reversing three weeks of decline as average yields across maturities…

byayotilewaMarch 24, 2026
NNPC Eyes 100,000 bpd Boost in Nigeria’s Crude Oil Production Amid Global Supply Tensions
BusinessEnergyLocal

NNPC Eyes 100,000 bpd Boost in Nigeria’s Crude Oil Production Amid Global Supply Tensions

Nigeria could soon see a significant boost in crude oil production, with the Nigerian National Petroleum Company Limited (NNPC Ltd)…

byayotilewaMarch 24, 2026
Dangote Refinery Expands Africa Fuel Supply Amid Global Shortages
BusinessEconomyLocal

Dangote Refinery Expands Africa Fuel Supply Amid Global Shortages

The Dangote Petroleum Refinery has made a major move to support Africa’s energy needs, exporting 12 cargoes of refined petroleum…

byayotilewaMarch 24, 2026
CBN Sets Sights on Single-Digit Inflation with New Monetary Policy Framework
BusinessEconomyLocal

CBN Sets Sights on Single-Digit Inflation with New Monetary Policy Framework

The Central Bank of Nigeria (CBN) has reaffirmed its commitment to bringing inflation down to single-digit levels as it transitions…

byayotilewaMarch 24, 2026
European Stocks Rebound as Trump Signals Iran War De-escalation
BusinessEconomyInternational

European Stocks Rebound as Trump Signals Iran War De-escalation

European stock markets staged a strong comeback on Monday after U.S. President Donald Trump hinted at a potential de-escalation in…

byayotilewaMarch 24, 2026
Dangote LPG Price Hike Pushes Cooking Gas to N1,000/kg in Nigeria
BusinessEnergyLocal

Dangote LPG Price Hike Pushes Cooking Gas to N1,000/kg in Nigeria

The cost of cooking gas in Nigeria is climbing again, raising fresh concerns for households already dealing with rising living…

byayotilewaMarch 24, 2026
Dangote Refinery Threatens Fuel Export Amid Fresh Petrol Import Licences
BusinessEnergyLocal

Dangote Refinery Threatens Fuel Export Amid Fresh Petrol Import Licences

Nigeria’s energy landscape faces a potential shake-up as the Dangote Petroleum Refinery considers exporting all its petrol, diesel, and jet…

byayotilewaMarch 23, 2026
FX Trades Push FMDQ Turnover to N60.77tn in January 2026
BusinessFinanceLocal

FX Trades Push FMDQ Turnover to N60.77tn in January 2026

FMDQ Group kicked off 2026 with a record-breaking turnover of N60.77 trillion in January, reflecting heightened liquidity and strong institutional…

byayotilewaMarch 23, 2026
Dangote Refinery Boosts African Fuel Supply with 456,000-Tonne Export to Ghana, Togo, and More
BusinessEnergyInternational

Dangote Refinery Boosts African Fuel Supply with 456,000-Tonne Export to Ghana, Togo, and More

The Dangote Petroleum Refinery has marked a major milestone with the export of 12 cargoes of refined petroleum products, totaling…

byayotilewaMarch 23, 2026

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