Dangote Refinery covered 92 percent of Nigeria's petrol demand in February 2026, with imports accounting for just 8 percent of total daily supply for the first time on record.
Nigeria's textile exports dropped 55.25 percent to N16.55 billion in 2025 as imports climbed 46 percent to N1.06 trillion, widening an already severe trade imbalance in the sector.
Vessels carrying 129,000 metric tonnes of petrol and diesel are arriving at Lagos ports between March 14 and 17 as Nigerians contend with fuel prices above N1,200 per litre.
MTN Group declared a 45 percent dividend increase to R5 per share after headline earnings per share jumped more than tenfold, led by strong recoveries in Nigeria and Ghana.
Dangote Industries and China's GCL Group have formalised a $4.2 billion, 25-year gas supply deal to power what will become East Africa's largest fertilizer production complex.
SIFAX Group chairman Taiwo Afolabi has formalised a security partnership with the Nigerian Navy, opening the conglomerate's infrastructure to naval intelligence operations along Lagos shipping lanes.
BUA Cement spearheaded a N649 billion surge on the Nigerian Exchange, reversing a two-day losing streak as investors returned conviction buying to blue-chip names after full-year 2025 results.
Signature Bank has crossed the CBN's recapitalisation threshold, raising its capital base to ₦52 billion through a rights issue and joining banks that have met the new minimum.
President Tinubu has named Fola Adeola chairman of a new petroleum reform taskforce, giving the panel six months to produce three reform blueprints for Nigeria's energy sector.
Tantita Security Services MD Kestin Pondi handed out N800 million in business grants to 80 entrepreneurs in Delta State, selected from over 26,000 applications.