BREAKING NEWS
- Nigeria's Economy is fluctuating
- Tech Business in Nigeria are at an all time high
- Now is the time to buy Nigerian Stocks
- Nigeria's Economy is fluctuating
- Tech Business in Nigeria are at an all time high
- Now is the time to buy Nigerian Stocks
- Nigeria's Economy is fluctuating
- Tech Business in Nigeria are at an all time high
- Now is the time to buy Nigerian Stocks
Economy
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Banking
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Startups
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Energy
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Markets
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Nigeria Records $947m Remittance Inflow in July
Nigeria’s formal remittance inflows rose to a record $947 million in July 2026, bringing the country closer to the Central Bank of Nigeria’s target of attracting at least $1 billion monthly through official channels. The July figure represented the highest monthly inflow recorded through International Money Transfer Operators and followed…
WhatsApp to Start Charging Businesses Per Message From October 1
Meta, the parent company of WhatsApp, announced that it would begin charging businesses for certain messages sent through the WhatsApp Business Platform from October 1, 2026. The company disclosed the pricing change in a WhatsApp Business Platform update issued in July, stating that charges for service messages would resume from…
Delta Gridlock: Businesses, commuters stranded as S’South slows down
A five-day gridlock caused by deteriorating roads across the South-South has disrupted transportation, businesses and economic activities in the region, with the Benin-Sapele-Effurun Road among the worst affected. Manufacturers said they had lost more than N500 billion due to factory shutdowns, trapped raw materials and damaged goods. Traders and distributors…
Shell’s Bonga Project Gets NUPRC Backing as HEDA Demands Remediation
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reaffirmed its support for Shell Nigeria’s operations as the Federal Government seeks to unlock about $50 billion in deep offshore investments, with the estimated $10 billion Bonga South West project expected to play a major role. The NUPRC Chief Executive, Oritsemeyiwa Eyesan,…
FAAC Allocations Alone Cannot Guarantee State Prosperity — Oyedele
Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has said federal allocations alone could not guarantee prosperity for states, urging them to develop sustainable sources of revenue and strengthen their productive capacity. Oyedele said Nigeria recorded about N15.8 trillion in savings from fuel subsidy removal and foreign…
How 24 Firms Dominate Over 70% of Nigeria’s Stock Market
Twenty-four companies listed on the Nigerian Exchange Limited (NGX) now account for 74.8 per cent of the total market capitalisation of Nigeria’s equities market, highlighting the dominance of a relatively small group of firms. As of August 17, 2026, the companies had a combined market capitalisation of N117.01 trillion, out…
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Sahara Group Hosts Asharami Square 3.0 to Advance Africa’s Energy Future
Sahara Group will convene policymakers, investors, industry leaders, and energy experts for the third edition of Asharami Square, its thought leadership platform focused on advancing discussions on Africa's energy future. According to a statement by the company, the event, themed "Energising Africa's Future: Legacy, Impact, and Transformation," will feature a…
FG Seeks Investors’ Backing for N729bn Power Bond to Clear Gencos’ Debt
The Federal Government is preparing to issue a second bond valued at about N729 billion under the Presidential Power Sector Debt Reduction Programme (PPSDRP) as part of efforts to settle verified legacy debts owed to electricity Generation Companies (Gencos) and improve liquidity in the Nigerian Electricity Supply Industry (NESI). Ahead…
Lagos Energy Reforms to Reshape Facility Management, Spur Sustainable Growth
The International Facility Management Association (IFMA), Nigeria Chapter, has announced a range of strategic initiatives aimed at boosting professional capacity, driving industry research and preparing facility managers for Nigeria's changing energy landscape. The plans were unveiled at the IFMA Corporate Membership event, themed "Evaluating the Impact of New Energy Regulations…
NUPRC Rebuilds Investor Confidence in Nigeria’s Oil Industry
Mrs. Oritsemeyiwa Eyesan Six months into her tenure as Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs. Oritsemeyiwa Eyesan is driving reforms aimed at strengthening regulatory certainty, improving operational efficiency, accelerating decision-making, and enhancing transparency. The early results are becoming increasingly visible, with higher oil production, renewed…
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Dangote explains why petrol prices remain high
Dangote says petrol prices in Nigeria remain high despite local...
Dangote: Nigeria’s N1,350 petrol price cheaper than neighbouring countries
President of the Dangote Group, Aliko Dangote, says petrol selling...
Dollar-naira rate for Monday, September 14, 2026
The Nigerian naira opened the new week relatively stable against...
Fuel subsidy return could cost Nigeria N19tn yearly — CPPE
The Centre for the Promotion of Private Enterprise has warned...
Electoral Reform Bill
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Electoral Reform Bill
Committee Deliberation
Electoral Reform Bill
Committee Deliberation
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