Search
HomeBusiness

Business

Business

Nigeria Petrol Price War Deepens as MRS Pushes Cuts

Aggressive fuel discounts by MRS Oil following Dangote refinery cuts are forcing NNPC and rivals to slash prices, intensifying competition across Nigeria’s petrol market.
Business

Flutterwave Expands Beyond Payments With Mono Acquisition

Flutterwave’s acquisition of open-banking startup Mono signals a strategic shift toward data-driven fintech, targeting credit access and deeper financial infrastructure across Africa.

Keep exploring

Business

Nigeria’s Inflation Rate Declines to 23.71% in April

KEY POINTS Nigeria's annual inflation rate decreased to 23.71% in April 2025 from 24.23%...
Business

Five Underlying Forces Fueling Nigeria’s Persistent Inflation Crisis

KEY POINTS Reliance on fuel imports, forex illiquidity, and regulatory bottlenecks add hidden costs...
Business

NPA Refutes Multi-Billion Naira Fraud Allegations

NPA denied claims of multi billion naira fraud, claiming the agency operates in complete compliance with procurement laws and is subject to all time check.
Business

NNPC and Dangote Collaboration to Boost Nigeria’s Oil Sector

Following a months-long standoff, NNPC and Dangote refinery have finally agreed to work together to achieve Nigeria’s energy security and economic development.
Business

Nigerian Senate Passes Historic Tax Reform Bills to Overhaul Revenue Collection System

KEY POINTS The Senate passed bills to replace FIRS with a unified Nigeria Revenue...
Business

Aliko Dangote’s Refinery: I’m Still Fighting Cabals

The $20 billion refinery owned by Aliko Dangote faces ongoing sabotage attempts due to opposition from established oil import cartels and select international oil companies who want to stop Nigerian domestic refining efforts.
Business

Nigeria, Brazil Deepen Economic Ties with Focus on Energy, Aviation

KEY POINTS Nigeria and Brazil are advancing partnerships in energy, aviation, and agriculture, with...
Business

Court Rules Out Naira Redesign Suit Against Buhari, Emefiele

A ₦1bn suit against Buhari and Emefiele over the naira redesign policy has been struck out after the plaintiff failed to appear in court.
Business

Tribunal Upholds $220 Million Fine on Meta and WhatsApp

The Nigerian tribunal confirmed a $220 million fine on Meta and WhatsApp for consumer law violations.
Business

Forensic Audit Set for NNPCL, Says Finance Minister Edun

Finance Minister Wale Edun announces a forensic audit of NNPCL, aligning with reforms aimed at boosting investor confidence and economic growth.
Business

World Bank Appoints Aliko Dangote to Global Investment Lab for Emerging Economies

KEY POINTS Aliko Dangote has been appointed to the World Bank’s Private Sector Investment...
Business

Protesters Demand Probe Into Ex-NNPCL Boss Kyari’s Tenure

Protesters stormed the AGF’s office demanding an investigation into Mele Kyari’s tenure at NNPCL, focusing on alleged corruption and a $2 billion debt.
Load more

Latest articles

Business

Nigeria Petrol Price War Deepens as MRS Pushes Cuts

Aggressive fuel discounts by MRS Oil following Dangote refinery cuts are forcing NNPC and rivals to slash prices, intensifying competition across Nigeria’s petrol market.
Business

Flutterwave Expands Beyond Payments With Mono Acquisition

Flutterwave’s acquisition of open-banking startup Mono signals a strategic shift toward data-driven fintech, targeting credit access and deeper financial infrastructure across Africa.
News

Abia Oil Community Protests Neglect, Installs Interim Leadership

Residents of the Igiriuku oil community in Abia State say years of neglect persist despite crude production, prompting protests and the installation of an interim leadership.
News

Trump Says One-Third of Nigerian Immigrant Use U.S. Welfare

Trump says Nigerian immigrant welfare data shows one-third of households use public benefits, as tighter visa rules and immigration enforcement reshape U.S. policy.

The Nigerian Inquirer asks the questions that matter to the people, probing into stories that others might overlook.

© 2025 The Nigerian Inquirer. All Rights Reserved.