Latest Business News

Nigeria’s inflation records big fall by 2.1% to 18.02% in Sept – NBS

Nigeria's headline inflation slowed for the sixth month in a row in…

President Tinubu Departs Abuja for Aqaba Process Heads of Government Meeting in Rome

President Bola Tinubu will today depart Abuja for Rome, Italy, to attend…

Nigeria-Polish Economic Forum Kicks Off In Lagos, Highlights Avenues For Investment, Trade

Today marks a significant milestone in Nigeria’s international economic relations: the inaugural…

FG Begins Review Of Revenue Allocation Formula

The Federal Government has officially commenced the process of reviewing Nigeria’s revenue…

Nigeria’s Inflation Drops To 21.88% In July Amid Mixed Reactions

Nigeria’s headline inflation has continued on a downward trend for the fourth…

EFCC Warns Nigerians on Rising Virtual Asset, Investment Scams

The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede,…

FG Introduces New Guidelines for Advanced Cargo Declaration Regime

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has issued new guidelines for…

Dangote Refinery To Begin Nationwide Distribution Of Petrol, Diesel, August 15

The Dangote Petroleum Refinery has announced plans to begin nationwide distribution of…

Nigeria’s inflation eases to 22.97% in May, for second consecutive month

Nigeria’s headline inflation rate dropped to 22.97% in May 2025, from 23.71%…

CBN Retains MPR at 27.50%

The Central Bank of Nigeria (CBN) at its 300th Monetary Policy meeting…

Dangote Refinery Reduces Petrol Pump Price To N825

Dangote Petroleum Refinery has once again reduced the pump price of Premium…

NNPC Ltd Sacks Senior Staff in Major Restructuring

The Nigerian National Petroleum Company (NNPC) Ltd has terminated the services of…