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Category: Business

Ghana to Operationalise Crypto Law: BoG and SEC Set to Issue Guidelines for Virtual Assets
BusinessFinanceLocal

Ghana to Operationalise Crypto Law: BoG and SEC Set to Issue Guidelines for Virtual Assets

Ghana is taking a major step toward formalising its cryptocurrency market as the Bank of Ghana (BoG) and the Securities…

byayotilewaDecember 23, 2025
FG Leans on Domestic Investors to Bridge Funding Gap: Implications for Nigeria’s Fixed Income Market
BusinessFinanceLocal

FG Leans on Domestic Investors to Bridge Funding Gap: Implications for Nigeria’s Fixed Income Market

The Federal Government (FG) has increasingly relied on domestic investors to fund its borrowing needs, shaping the dynamics of Nigeria’s…

byayotilewaDecember 23, 2025
NNPC’s Strategic Reinvention Under Bayo Ojulari Drives Sustainable Growth
BusinessEnergyLocal

NNPC’s Strategic Reinvention Under Bayo Ojulari Drives Sustainable Growth

Under the leadership of Group Chief Executive Officer Bashir Bayo Ojulari, NNPC Limited is redefining how a national oil corporation…

byayotilewaDecember 23, 2025
CBN Reforms Drive Global Investor Confidence in Nigeria’s Economy
BusinessinvestmentLocal

CBN Reforms Drive Global Investor Confidence in Nigeria’s Economy

Nigeria is stepping boldly onto the global stage, showcasing reforms aimed at winning back long-term investors. At the US–Nigeria Executive…

byayotilewaDecember 23, 2025
Dangote Petroleum Launches Hotline to Report Fuel Stations Selling PMS Above N739
BusinessEnergyLocal

Dangote Petroleum Launches Hotline to Report Fuel Stations Selling PMS Above N739

Dangote Petroleum Refinery has unveiled a nationwide hotline to empower Nigerians to report filling stations selling Premium Motor Spirit (PMS)…

byayotilewaDecember 23, 2025
FIRS Confirms NIN Automatically Serves as Tax ID for Nigerians
BusinessEconomyFinanceLocal

FIRS Confirms NIN Automatically Serves as Tax ID for Nigerians

The Federal Inland Revenue Service (FIRS) has officially confirmed that the National Identification Number (NIN) issued by the National Identity…

byayotilewaDecember 23, 2025
Lawmakers May Suspend January 2026 Tax Reform Over Alleged Gazetted Alterations – Oyedele
BusinessEconomyLocal

Lawmakers May Suspend January 2026 Tax Reform Over Alleged Gazetted Alterations – Oyedele

Nigeria’s planned January 2026 rollout of new tax reform laws could be suspended, following allegations of alterations in the gazetted…

byayotilewaDecember 23, 2025
Naira Depreciation Hits Two-Month Low Amid Liquidity Crunch and Weak Detty December Inflows
BusinessLocalMacroeconomic

Naira Depreciation Hits Two-Month Low Amid Liquidity Crunch and Weak Detty December Inflows

The Nigerian naira weakened to a two-month low last week, trading at N1,466.5 to the dollar at the official forex…

byayotilewaDecember 23, 2025
Top 10 NGX Brokers Control 87% of Market Transactions Amid Year-End Rally
BusinessLocalStock

Top 10 NGX Brokers Control 87% of Market Transactions Amid Year-End Rally

Fresh data from the Nigerian Exchange (NGX) shows that ten stockbroking firms dominated market activity in the week ending December…

byayotilewaDecember 23, 2025
SEC Sets January 31 Deadline for Capital Market Operators’ Registration Renewal
BusinessinvestmentLocal

SEC Sets January 31 Deadline for Capital Market Operators’ Registration Renewal

Nigeria’s Securities and Exchange Commission (SEC) has directed all capital market operators (CMOs) to renew their registration between January 1…

byayotilewaDecember 23, 2025
U.S. Treasury Yields Fall Ahead of Key Debt Auctions as Investors Eye Inflation Outlook
BusinessInternationalMarket

U.S. Treasury Yields Fall Ahead of Key Debt Auctions as Investors Eye Inflation Outlook

U.S. Treasury yields moved lower on Tuesday as investors adopted a cautious stance ahead of a series of key government…

byayotilewaDecember 23, 2025
Why Investors Chose Dollar Over Naira Investments Despite Signs of Economic Recovery – Lukefield Finance CEO
BusinessEconomyLocal

Why Investors Chose Dollar Over Naira Investments Despite Signs of Economic Recovery – Lukefield Finance CEO

Despite recent signs that Nigeria’s economy may be turning a corner, many investors are still cautious. According to Omotayo Asupoto,…

byayotilewaDecember 23, 2025
How to Generate Your Tax ID via JTB Ahead of 2026
BusinessFinanceLocal

How to Generate Your Tax ID via JTB Ahead of 2026

As Nigeria prepares for the 2026 fiscal year, obtaining a Tax Identification Number (TIN) through the Joint Tax Board (JTB)…

byayotilewaDecember 22, 2025
Nigerian Fintech Funding Hits $230M in 2025: Are Startups Creating Real Economic Value?
BusinessinvestmentTechnology

Nigerian Fintech Funding Hits $230M in 2025: Are Startups Creating Real Economic Value?

Nigerian fintech startups raised a total of $230 million in 2025, signaling a sharp 44% decline from the $410 million…

byayotilewaDecember 22, 2025
EIA Revises OPEC Oil Capacity: Spare Production Higher Than Expected
BusinessEnergyLocal

EIA Revises OPEC Oil Capacity: Spare Production Higher Than Expected

The U.S. Energy Information Administration (EIA) has quietly updated its outlook on global oil production, suggesting that OPEC may be…

byayotilewaDecember 22, 2025
Dangote-NMDPRA Feud: PENGASSAN Calls for Strong Institutions to Protect Nigeria’s Oil Sector
BusinessEnergyLocal

Dangote-NMDPRA Feud: PENGASSAN Calls for Strong Institutions to Protect Nigeria’s Oil Sector

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called for stronger institutions in Nigeria’s oil and…

byayotilewaDecember 22, 2025
Indigenous Operators Drive Nigeria’s Energy Future, Marks 10 Years of Impact – IPPG
BusinessEnergy

Indigenous Operators Drive Nigeria’s Energy Future, Marks 10 Years of Impact – IPPG

The Independent Petroleum Producers Group (IPPG) has marked a decade of resilience, collaboration, and transformative impact in Nigeria’s oil and…

byayotilewaDecember 22, 2025
PenCom Recovers N4.04bn from Defaulting Employers in 2025, Expands Pension Coverage for Artisans and Gig Workers
BusinessFeaturesLocal

PenCom Recovers N4.04bn from Defaulting Employers in 2025, Expands Pension Coverage for Artisans and Gig Workers

The National Pension Commission (PenCom) has announced the recovery of N4.04 billion from defaulting employers between January and November 2025,…

byayotilewaDecember 22, 2025
CBN Mandates Multi-Factor Authentication for Foreign Card Transactions Across Nigeria
BusinessFinanceLocal

CBN Mandates Multi-Factor Authentication for Foreign Card Transactions Across Nigeria

The Central Bank of Nigeria (CBN) has ordered banks and non-bank acquirers to strengthen security on foreign-issued card transactions across…

byayotilewaDecember 22, 2025
European Markets Slip Ahead of Short Trading Week as Gold Hits Record Highs
BusinessFinanceInternational

European Markets Slip Ahead of Short Trading Week as Gold Hits Record Highs

European stocks fell modestly on Monday, as positive momentum from last week’s gains slowed ahead of a short trading week.…

byayotilewaDecember 22, 2025
SEC Mandates CMO Registration Renewal and Launches Digital Transformation Portal
BusinessFinance

SEC Mandates CMO Registration Renewal and Launches Digital Transformation Portal

The Securities and Exchange Commission (SEC) has instructed all Capital Market Operators (CMOs) to renew their registration between January 1…

byayotilewaDecember 22, 2025
Shehu Shantali Appointed CSCS CEO, Pledges to Build on Jalo-Waziri’s Legacy
BusinessLocal

Shehu Shantali Appointed CSCS CEO, Pledges to Build on Jalo-Waziri’s Legacy

The Central Securities Clearing System Plc (CSCS) has officially announced the appointment of Shehu Shantali as its new Chief Executive…

byayotilewaDecember 22, 2025
Banking and Consumer Stocks Propel Nigerian Equities Up 1.76% Amid Year-End Rally
BusinessLocalStock

Banking and Consumer Stocks Propel Nigerian Equities Up 1.76% Amid Year-End Rally

Nigerian equities ended the week on a high note, gaining 1.76% thanks to strong buying interest in banking and consumer…

byayotilewaDecember 22, 2025
CBN Eases Foreign Card Usage for Tourists and Returning Nigerians
BankingBusinessFinanceLocal

CBN Eases Foreign Card Usage for Tourists and Returning Nigerians

The Central Bank of Nigeria (CBN) has issued a new directive to banks and financial institutions aimed at improving access…

byayotilewaDecember 22, 2025
Yuletide Travel Alert: FCCPC Warns Road Transporters Against Unfair Fare Hikes
BusinessLocal

Yuletide Travel Alert: FCCPC Warns Road Transporters Against Unfair Fare Hikes

As millions of Nigerians prepare for yuletide travels, the Federal Competition and Consumer Protection Commission (FCCPC) has issued a stern…

byayotilewaDecember 22, 2025
Asia-Pacific Markets Rise as China Holds Lending Rates, Boosting Investor Confidence
BusinessInternationalMarket

Asia-Pacific Markets Rise as China Holds Lending Rates, Boosting Investor Confidence

Asia-Pacific markets closed higher on Monday as investors reacted calmly to China’s decision to keep its key lending rates unchanged,…

byayotilewaDecember 22, 2025
Price War Deepens as Petrol Prices Crash by N100 Amid Dangote Refinery Push
BusinessEnergyLocal

Price War Deepens as Petrol Prices Crash by N100 Amid Dangote Refinery Push

Nigeria’s downstream oil sector has entered a fierce petrol price war, as filling stations slash pump prices by as much…

byayotilewaDecember 22, 2025
Dangote Launches ₦739/Litre Petrol Nationwide at MRS Stations
BusinessEnergyLocal

Dangote Launches ₦739/Litre Petrol Nationwide at MRS Stations

Dangote Petroleum Refinery has begun nationwide sales of Premium Motor Spirit (PMS) at a pump price of ₦739 per litre…

byayotilewaDecember 22, 2025
World Bank Set to Approve $500m Loan to Boost MSMEs in Nigeria
BusinessEconomyLocal

World Bank Set to Approve $500m Loan to Boost MSMEs in Nigeria

The World Bank is expected to approve a $500 million loan for Nigeria on Friday as part of a major…

byayotilewaDecember 22, 2025
Dollar Exchange Rates Steady Ahead of ECB and BoE Rate Decisions
BusinessInternationalMacroeconomic

Dollar Exchange Rates Steady Ahead of ECB and BoE Rate Decisions

The U.S. dollar held its ground against major currencies on Thursday, as traders braced for upcoming central bank announcements from…

byayotilewaDecember 19, 2025

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