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Rabiu Nears Rare $10 Billion Wealth Mark in Nigeria

Abdul Samad Rabiu is closing in on the Nigerian $10 billion wealth mark as BUA Cement and BUA Foods rally amid strong earnings and a booming stock market.
Business

CardinalStone Securities Sets NGX Trading Record in 2025

CardinalStone Securities became the first Nigerian broker to exceed ₦2 trillion in annual NGX transactions, capitalising on a historic rally in the equity market.

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Business

Dangote Refinery Reduces Petrol Prices by N15 Nationwide

KEY POINTS Dangote Refinery has reduced petrol prices nationwide by N15 per litre, with...
Business

Imo, Jigawa, Sokoto Record Highest Petrol Prices in April – NBS

Prices for petrol in April 2025 soared across Nigeria and the highest fees were charged in Imo, Jigawa and Sokoto States.
Business

Nigeria’s Debt Service Payment Rises 49 Percent in 4 months

During the first four months of 2025, spending to service debt in Nigeria increased to \$2.01 billion, up 49.2% year-over-year and worsening fiscal sustainability.
Business

Naira to the World: Rural Nigerian Women Drive Economic Change Through Digital Wallets

KEY POINTS Rural Nigerian women are leveraging digital wallets to send and receive money,...
Business

CAC and NIBSS Have Introduced an API Service

With the API platform designed and introduced by CAC and NIBSS, everyone can quickly and safely obtain verified business information, supporting efficient business growth and boosting our country’s digital economy.
Business

Beyond Tech Hype: Seven Nigerian Startups Tackling Overlooked Challenges in 2025

KEY POINTS From waste management (EcoCycle) to mental health (SafeSpace), startups are solving critical...
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.
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Business

Rabiu Nears Rare $10 Billion Wealth Mark in Nigeria

Abdul Samad Rabiu is closing in on the Nigerian $10 billion wealth mark as BUA Cement and BUA Foods rally amid strong earnings and a booming stock market.
Business

CardinalStone Securities Sets NGX Trading Record in 2025

CardinalStone Securities became the first Nigerian broker to exceed ₦2 trillion in annual NGX transactions, capitalising on a historic rally in the equity market.
News

Nigeria, ASUU to Sign New Accord Aimed at University Stability

Nigeria’s federal government and ASUU will sign a new agreement on January 14, seeking to improve university quality and prevent recurring strikes.
News

Adichie Seeks Records From Lagos Hospital After Son’s Death

Chimamanda Ngozi Adichie and her husband demand records from Euracare after their son’s death, alleging medical negligence and warning of legal action.

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