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Microsoft Warns Trust Gap Could Hold Back Africa’s AI Growth
BusinessInternationalTechnology

Microsoft Warns Trust Gap Could Hold Back Africa’s AI Growth

Africa could miss out on a major share of the economic opportunities created by artificial intelligence if governments, businesses and…

byayotilewaAugust 24, 2026
FG Spends N6.47tn on Infrastructure as Lagos-Calabar Highway Takes Lion’s Share
BusinessEconomyLocal

FG Spends N6.47tn on Infrastructure as Lagos-Calabar Highway Takes Lion’s Share

The Federal Government spent N6.47tn on strategic infrastructure projects between June 2023 and December 2025, with major highway developments taking…

byayotilewaAugust 24, 2026
Tinubu Leads Africa’s Push to Turn Mineral Wealth Into Industrial Power
BusinessEconomyInternational

Tinubu Leads Africa’s Push to Turn Mineral Wealth Into Industrial Power

President Bola Tinubu is set to lead a major African push to gain greater control over the continent’s mineral wealth…

byayotilewaAugust 24, 2026
CBN Urged to Tighten Oversight of Fintech, Cloud and Digital Risks
BankingBusinessLocalTechnology

CBN Urged to Tighten Oversight of Fintech, Cloud and Digital Risks

The Central Bank of Nigeria has been urged to widen its regulatory oversight beyond banks and financial institutions to include…

byayotilewaAugust 24, 2026
Stock Futures Slip as Tech Shares Retreat Amid Rising Treasury Yields
BusinessInternationalStock

Stock Futures Slip as Tech Shares Retreat Amid Rising Treasury Yields

Stock futures opened the week slightly lower on Monday as technology shares came under pressure, adding to concerns among investors…

byayotilewaAugust 24, 2026
Analysts Project 11.6% Growth for Nigerian Equities in H2 2026 as Investors Turn Selective
BusinessLocalMarket

Analysts Project 11.6% Growth for Nigerian Equities in H2 2026 as Investors Turn Selective

Nigeria’s equities market could record another strong performance in the second half of 2026, with analysts projecting an 11.6 per…

byayotilewaAugust 24, 2026
Domestic Investors Push NGX Transactions to Record N10.68trn in Seven Months
BusinessLocalMarket

Domestic Investors Push NGX Transactions to Record N10.68trn in Seven Months

Domestic investors are driving a major surge in activity on the Nigerian Exchange Limited (NGX), with local transactions reaching a…

byayotilewaAugust 24, 2026
SEC Proposes N10m Cap on Retail Investors’ Digital Asset Exposure
BusinessFinanceLocal

SEC Proposes N10m Cap on Retail Investors’ Digital Asset Exposure

Nigeria’s Securities and Exchange Commission (SEC) is considering tighter limits on how much retail investors can put into digital assets,…

byayotilewaAugust 24, 2026
GRIDCo Sets September 12 Deadline for Pylon Right-of-Way Occupants to Vacate
EnergyLocal

GRIDCo Sets September 12 Deadline for Pylon Right-of-Way Occupants to Vacate

The Ghana Grid Company Limited (GRIDCo) has reiterated September 12, 2026 as the deadline for individuals, businesses and other occupants…

byayotilewaAugust 24, 2026
China Chengxin Affirms Afreximbank’s AAA Rating, Citing Strong Financial Position
BankingBusinessLocal

China Chengxin Affirms Afreximbank’s AAA Rating, Citing Strong Financial Position

China Chengxin International Credit Rating Co. Ltd. (CCXI) has reaffirmed the African Export-Import Bank’s (Afreximbank) AAA issuer credit rating, keeping…

byayotilewaAugust 24, 2026
BOC Kenya Raises Dividend 60% Despite Sharp Profit Decline
BusinessInternationalMarket

BOC Kenya Raises Dividend 60% Despite Sharp Profit Decline

BOC Kenya has delivered a mixed financial performance in the first half of 2026, with the industrial and medical gases…

byayotilewaAugust 24, 2026
Car & General More Than Doubles in Two Weeks as NSE Hits Record KSh4.1 Trillion
BusinessInternationalinvestment

Car & General More Than Doubles in Two Weeks as NSE Hits Record KSh4.1 Trillion

Car & General PLC continued its remarkable run on the Nairobi Securities Exchange (NSE), with its share price jumping 42.84%…

byayotilewaAugust 24, 2026
FEC okays double taxation treaties with Ghana, Tanzania, Switzerland
BusinessEconomyLocal

FEC okays double taxation treaties with Ghana, Tanzania, Switzerland

The Federal Executive Council (FEC) has approved the signing of Double Taxation Avoidance Agreements between Nigeria and Ghana, Tanzania and…

byayotilewaAugust 24, 2026
Naira Gains N1.13, Closes at N1,346.49/$ as Week Ends on Positive Note
BusinessEconomyLocal

Naira Gains N1.13, Closes at N1,346.49/$ as Week Ends on Positive Note

The naira ended the trading week on a stronger note, closing at N1,346.49 to the US dollar at the official…

byayotilewaAugust 24, 2026
Five Firms Power Nigeria’s $120m Non-Oil Export Surge
BusinessEconomyLocal

Five Firms Power Nigeria’s $120m Non-Oil Export Surge

Nigeria’s push to reduce its dependence on crude oil is gaining momentum, with five companies generating about $120m from non-oil…

byayotilewaAugust 24, 2026
Abuja Residents Protest 100% AEDC Electricity Tariff Increase as Power Costs Soar
BusinessEnergyLocal

Abuja Residents Protest 100% AEDC Electricity Tariff Increase as Power Costs Soar

Residents across the Federal Capital Territory are feeling the pressure of rising electricity costs after the Abuja Electricity Distribution Company…

byayotilewaAugust 24, 2026
UBA Graduate Who Addressed Tony Elumelu By First Name Gets ₦500,000, VIP Trip
Local

UBA Graduate Who Addressed Tony Elumelu By First Name Gets ₦500,000, VIP Trip

A UBA graduate who recently became the centre of an online controversy after addressing businessman Tony Elumelu by his first…

byayotilewaAugust 24, 2026
Terrorists Break Into Niger Mosque, Abduct Worshippers
Local

Terrorists Break Into Niger Mosque, Abduct Worshippers

More than 60 worshippers were reportedly abducted from the Central Mosque in Dekara town, Borgu Local Government Area of Niger…

byayotilewaAugust 24, 2026
Nigeria’s Top Equity Mutual Funds: Zedcrest Leads With 88.58% Return in July 2026
BusinessinvestmentLocal

Nigeria’s Top Equity Mutual Funds: Zedcrest Leads With 88.58% Return in July 2026

Nigeria’s equity mutual fund market regained momentum in July 2026, with total net asset value (NAV) rising to N241.38 billion,…

byayotilewaAugust 24, 2026
Nigerian Stocks Extend Sell-Off as Haldane McCall Leads Weekly Gainers
BusinessLocalStock

Nigerian Stocks Extend Sell-Off as Haldane McCall Leads Weekly Gainers

Nigeria’s stock market extended its recent decline in the week ended August 21, with the NGX All-Share Index falling by…

byayotilewaAugust 24, 2026
NGX Sell-Off Wipes Out N5.9tn as BUA Foods, MTN Nigeria Take Biggest Hit
BusinessFinanceLocalStock

NGX Sell-Off Wipes Out N5.9tn as BUA Foods, MTN Nigeria Take Biggest Hit

The Nigerian equities market has suffered a sharp two-week sell-off, wiping approximately N5.9 trillion off its market capitalisation as investors…

byayotilewaAugust 24, 2026
Bitcoin jumps above $77,000 on US crypto policy hopes
BusinessCryptoInternational

Bitcoin jumps above $77,000 on US crypto policy hopes

Bitcoin surged above the $77,000 mark on Friday as growing optimism over cryptocurrency legislation in the United States and a…

byayotilewaAugust 21, 2026
United Capital Insider Sells 3,651 Shares in N65,170 Deal
BusinessLocalStock

United Capital Insider Sells 3,651 Shares in N65,170 Deal

United Capital Plc has notified the Nigerian Exchange Limited (NGX) and the investing public of an insider share transaction involving…

byayotilewaAugust 21, 2026
ChatGPT Can Now Send Messages for Users Through Apple Messages
InternationalTechnology

ChatGPT Can Now Send Messages for Users Through Apple Messages

OpenAI has introduced a new Apple Messages plug-in for ChatGPT, giving users the ability to connect their Messages inbox to…

byayotilewaAugust 21, 2026
Meta Expands AI Tools to Help Small Businesses Manage Data, Reports and Social Media
BusinessInternationalTechnology

Meta Expands AI Tools to Help Small Businesses Manage Data, Reports and Social Media

Meta is expanding the role of its AI assistant beyond everyday conversations, giving small businesses a new way to manage…

byayotilewaAugust 21, 2026
ChatGPT Gains Access to Apple Messages, Sparking Fresh Privacy Concerns
InternationalTechnology

ChatGPT Gains Access to Apple Messages, Sparking Fresh Privacy Concerns

OpenAI has expanded ChatGPT’s capabilities on Mac computers with a new feature that allows the AI chatbot to interact directly…

byayotilewaAugust 21, 2026
CBN Urges Nigerians to Embrace Digital Payments for Greater Financial Inclusion
BankingBusinessLocal

CBN Urges Nigerians to Embrace Digital Payments for Greater Financial Inclusion

The Central Bank of Nigeria (CBN) has called for wider adoption of digital and alternative payment channels as part of…

byayotilewaAugust 21, 2026
FG Spends N30.6tn After Subsidy Removal, Says Reforms Generated N15.8tn
BusinessEconomyLocal

FG Spends N30.6tn After Subsidy Removal, Says Reforms Generated N15.8tn

Thirty months after President Bola Tinubu removed the petrol subsidy, the Federal Government has disclosed that the reforms generated N15.8tn…

byayotilewaAugust 21, 2026
Stock Futures Edge Higher After Wall Street Sell-Off as Treasury Yields Rebound
BusinessInternationalStock

Stock Futures Edge Higher After Wall Street Sell-Off as Treasury Yields Rebound

Stock futures pointed to a modest recovery on Friday after Wall Street suffered a sharp sell-off in the previous session,…

byayotilewaAugust 21, 2026August 21, 2026
Tony Elumelu’s Seplat Investment Doubles to Over $1bn as Shares Surge
BusinessEnergyLocalStock

Tony Elumelu’s Seplat Investment Doubles to Over $1bn as Shares Surge

Tony Elumelu’s investment in Seplat Energy has surged past the $1bn mark, more than doubling in value less than a…

byayotilewaAugust 21, 2026

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