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Category: Local

Africa Prudential Reports 53% Profit Surge in Nine Months, Boosted by Core Registrar Growth
BusinessFinanceLocal

Africa Prudential Reports 53% Profit Surge in Nine Months, Boosted by Core Registrar Growth

Africa Prudential Plc, a leading provider of share registration services and capital market solutions, has recorded a remarkable 53% increase…

byayotilewaOctober 27, 2025
Forex Traders in Survival Mode as CBN Halts Dollar Supply to BDCs
LocalMacroeconomic

Forex Traders in Survival Mode as CBN Halts Dollar Supply to BDCs

Bureau De Change (BDC) operators across Nigeria are struggling to keep their businesses afloat as the Central Bank of Nigeria…

byayotilewaOctober 27, 2025
Dangote Refinery Expansion to 1.4 Million BPD Begins, Promises Stable Fuel Supply This Festive Season
BusinessEnergyLocal

Dangote Refinery Expansion to 1.4 Million BPD Begins, Promises Stable Fuel Supply This Festive Season

Africa’s richest man, Aliko Dangote, has officially kicked off the expansion of the Dangote Petroleum Refinery in Lagos, aiming to…

byayotilewaOctober 27, 2025
BoG Hikes Forex Bureau Licence Renewal Fees by 150% to Strengthen Oversight-Ghana
BusinessEconomyLocal

BoG Hikes Forex Bureau Licence Renewal Fees by 150% to Strengthen Oversight-Ghana

The Bank of Ghana (BoG) has announced a significant increase in the biennial licence renewal fees for foreign exchange bureaux,…

byayotilewaOctober 27, 2025
SEC Boss Agama Decries $5.5m Daily Gambling Spend as Nigerians Shun Capital Market
BusinessFinanceLocal

SEC Boss Agama Decries $5.5m Daily Gambling Spend as Nigerians Shun Capital Market

Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has expressed deep concern over Nigerians’ preference for gambling…

byayotilewaOctober 27, 2025
NGX Group Redefines Market Leadership with Social Impact, Technology, and Sustainability Under Temi Popoola
BusinessLocal

NGX Group Redefines Market Leadership with Social Impact, Technology, and Sustainability Under Temi Popoola

In a time when many corporations talk about social responsibility without tangible results, the Nigerian Exchange Group (NGX Group) is…

byayotilewaOctober 27, 2025
Nigerian Breweries Grows Turnover to ₦1.04 Trillion in Q3 2025, Completes Distell Nigeria Integration
BusinessLocal

Nigerian Breweries Grows Turnover to ₦1.04 Trillion in Q3 2025, Completes Distell Nigeria Integration

Nigerian Breweries Plc has recorded a strong rebound in performance, growing its turnover by 48 percent to ₦1.04 trillion in…

byayotilewaOctober 27, 2025
Nigeria Records Over $50 Billion in Crypto Transactions Amid Weak Capital Market Participation — SEC
BusinessEconomyLocal

Nigeria Records Over $50 Billion in Crypto Transactions Amid Weak Capital Market Participation — SEC

Nigeria’s cryptocurrency market has witnessed explosive growth, with more than $50 billion worth of digital asset transactions conducted between July…

byayotilewaOctober 27, 2025
Naira Strengthens 9.16% in Six Months as Nigeria Exits FATF Grey List and Reforms Boost Investor Confidence
BusinessLocalMacroeconomic

Naira Strengthens 9.16% in Six Months as Nigeria Exits FATF Grey List and Reforms Boost Investor Confidence

Nigeria’s currency, the naira, has gained 9.16 percent against the U.S. dollar over the past six months, rising from ₦1,605…

byayotilewaOctober 27, 2025
Nigeria Energy Conference 2025 to Drive Investments and Reforms for a Sustainable Power Future
BusinessEnergyLocal

Nigeria Energy Conference 2025 to Drive Investments and Reforms for a Sustainable Power Future

The 12th edition of the Nigeria Energy Exhibition and Conference is set to return to Lagos from October 28th to…

byayotilewaOctober 27, 2025
Wild Fusion Digital Centre launches certified ethical hacking course to battle Nigeria’s cybersecurity talent gap
LocalTechnology

Wild Fusion Digital Centre launches certified ethical hacking course to battle Nigeria’s cybersecurity talent gap

Wild Fusion Digital Centre (WDC), Nigeria’s leading provider of practical tech and digital marketing training, has unveiled its latest program…

byayotilewaOctober 27, 2025October 27, 2025
Google Play Teams Up with Verve for VerveLife 8.0: Africa’s Biggest Fitness and Tech Experience
BusinessLocalTechnology

Google Play Teams Up with Verve for VerveLife 8.0: Africa’s Biggest Fitness and Tech Experience

Africa’s leading payment card brand, Verve, is taking its annual fitness festival, VerveLife, to new heights with Google Play joining…

byayotilewaOctober 27, 2025
CBN Injects $1.25 Billion into Fuel Imports Despite Dangote Refinery Output
BusinessEnergyLocal

CBN Injects $1.25 Billion into Fuel Imports Despite Dangote Refinery Output

The Central Bank of Nigeria (CBN) has released a total of $1.25 billion to support the importation of petroleum products…

byayotilewaOctober 27, 2025
Nigeria Exits FATF Grey List: CBN Pledges to Deepen Financial Reforms and Boost Investor Confidence
BusinessFinanceLocal

Nigeria Exits FATF Grey List: CBN Pledges to Deepen Financial Reforms and Boost Investor Confidence

The Central Bank of Nigeria (CBN) has pledged to strengthen ongoing financial reforms after Nigeria’s successful removal from the Financial…

byayotilewaOctober 27, 2025
Dangote Group Denies Link to Fatal Ondo Truck Accident, Clarifies Vehicle Ownership
BusinessLocal

Dangote Group Denies Link to Fatal Ondo Truck Accident, Clarifies Vehicle Ownership

The Dangote Group has officially denied any connection to the truck involved in Wednesday’s tragic accident in Akungba-Akoko, Akoko South-West…

byayotilewaOctober 23, 2025
Nigeria Poised to Achieve Gas Flare-Out by 2030, Says NUPRC
BusinessEnergyLocal

Nigeria Poised to Achieve Gas Flare-Out by 2030, Says NUPRC

Nigeria is making significant strides toward eliminating gas flaring by 2030, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced.…

byayotilewaOctober 23, 2025
Nigeria Imports 15 Billion Litres of Petrol Despite Dangote Refinery’s Rising Output
BusinessEnergyLocal

Nigeria Imports 15 Billion Litres of Petrol Despite Dangote Refinery’s Rising Output

Nigeria imported nearly 15.01 billion litres of petrol between August 2024 and early October 2025, accounting for 69% of the…

byayotilewaOctober 23, 2025
BusinessEconomyLocal

The Nigerian Council of Registered Insurance Brokers (NCRIB) has expressed confidence that more than 60 per cent of insurance companies…

byayotilewaOctober 23, 2025
Nigeria to Seek OPEC Approval for 2 Million Barrels Daily Oil Quota as Output Surges Past 1.7m bpd
BusinessEnergyLocal

Nigeria to Seek OPEC Approval for 2 Million Barrels Daily Oil Quota as Output Surges Past 1.7m bpd

Nigeria is set to request the Organisation of Petroleum Exporting Countries (OPEC) to approve an increase in its oil production…

byayotilewaOctober 23, 2025
Marketers Accuse Dangote Refinery of Withholding Paid Fuel Amid Rising Petrol Prices
BusinessEconomyLocal

Marketers Accuse Dangote Refinery of Withholding Paid Fuel Amid Rising Petrol Prices

Petroleum marketers have accused the Dangote Refinery of failing to supply petrol weeks after receiving full payments, raising concerns about…

byayotilewaOctober 23, 2025
Sustainable Finance Redefines Investment Landscape, Says SEC DG Emomotimi Agama
BusinessFinanceLocal

Sustainable Finance Redefines Investment Landscape, Says SEC DG Emomotimi Agama

The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has emphasized that the global shift toward sustainable…

byayotilewaOctober 23, 2025October 23, 2025
Ghanaian Pension Funds Turn to Private Equity for Growth as Market Reforms Unlock New Opportunities
investmentLocalMarket

Ghanaian Pension Funds Turn to Private Equity for Growth as Market Reforms Unlock New Opportunities

Ghana’s pension industry is undergoing a major transformation as more fund managers turn their attention toward private equity to drive…

byayotilewaOctober 23, 2025
FCMB Group Showcases Strong Digital Growth and Diversified Investments to Attract New Investors
BusinessinvestmentLocal

FCMB Group Showcases Strong Digital Growth and Diversified Investments to Attract New Investors

FCMB Group Plc has showcased its robust performance and innovation-driven strategy during its “Facts Behind the Offer” presentation at the…

byayotilewaOctober 23, 2025
Dangote Plans to List 10% Stake in $20bn Refinery on NGX to Attract Global Investors
BusinessEnergyLocal

Dangote Plans to List 10% Stake in $20bn Refinery on NGX to Attract Global Investors

Africa’s richest man, Aliko Dangote, has revealed plans to sell between five and 10 percent of the Dangote Petroleum Refinery…

byayotilewaOctober 23, 2025
Ghana’s Producer Price Inflation Edges Up to 3.2% in September Amid Modest Industrial Gains
BusinessLocalMacroeconomic

Ghana’s Producer Price Inflation Edges Up to 3.2% in September Amid Modest Industrial Gains

Ghana’s producer price inflation (PPI) rose slightly to 3.2% in September 2025, according to the Ghana Statistical Service (GSS). This…

byayotilewaOctober 23, 2025
Nigeria’s Economic Reforms Power NGX to Record High, ASI Crosses 153,000 Points
BusinessLocalMarket

Nigeria’s Economic Reforms Power NGX to Record High, ASI Crosses 153,000 Points

Nigeria’s stock market surged to new heights this week as sweeping economic reforms and renewed investor optimism continued to fuel…

byayotilewaOctober 23, 2025
Nigeria’s Data Boom Powers Growth but Poor Infrastructure Threatens Digital Progress
BusinessLocalTechnology

Nigeria’s Data Boom Powers Growth but Poor Infrastructure Threatens Digital Progress

Nigeria’s digital economy is expanding at record speed, with data consumption soaring to an all-time high of 1.15 million terabytes…

byayotilewaOctober 23, 2025
Nigerian Breweries Records ₦86bn Profit Despite Q3 Loss, Eyes Festive Rebound
BusinessLocal

Nigerian Breweries Records ₦86bn Profit Despite Q3 Loss, Eyes Festive Rebound

Nigerian Breweries Plc, the country’s largest brewer, has reported a profit of ₦85.5 billion for the first nine months of…

byayotilewaOctober 23, 2025
NGX Extends Bullish Run as Investors Gain N1.45 Trillion on Blue-Chip Rally
BusinessinvestmentLocal

NGX Extends Bullish Run as Investors Gain N1.45 Trillion on Blue-Chip Rally

The Nigerian Exchange Limited (NGX) maintained its positive momentum on Wednesday, with investors raking in an impressive N1.45 trillion gain…

byayotilewaOctober 23, 2025
IMF Commends Nigeria’s Economic Reforms as Growth Outlook Strengthens Under Cardoso
LocalMacroeconomic

IMF Commends Nigeria’s Economic Reforms as Growth Outlook Strengthens Under Cardoso

Nigeria’s ongoing economic reforms have received global recognition from the International Monetary Fund (IMF), which praised the Central Bank of…

byayotilewaOctober 23, 2025

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