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Economic news with real-world context. Scan Naira, market movements, and business decisions to understand their impact on everyday life beyond numbers and statistics - markets with meaning.

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Nigeria Business News Digest: Markets, Money, and Meaning

Economic news with context. Scan the market, Naira movements, and business decisions, and understand their impact on everyday life.
The Digest: The new Nigerian Tax Act has introduced a 5% surcharge on locally produced fossil fuel products, such as petrol, diesel, and...
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The Digest: Nigeria’s new tax reform, signed into law by President Bola Tinubu, introduces several key changes, including a broad list of...
The Digest: The Dangote Petrochemical Refinery, set to hit a capacity of 700,000 barrels per day (bpd) by December 2025, marks a significant...
The Digest: A Lagos federal high court has upheld the authority of the Federal Inland Revenue Service (FIRS) to collect VAT on services offered...
The Digest: The cost of preparing a pot of Jollof rice in Nigeria has surged by 153% from March 2023 to June 2025, with an average price of...
The Digest: Nigerians have voiced their dissatisfaction with NNPC Ltd’s N910 per litre fuel price cut, criticizing it as inadequate amid the...
Key points: Official CBN Rate: N1,536.04/$1 Black-Market Rate: N1,537/$1 Drivers: Fresh FX demand pressure, confidence in Naira despite...
The Digest: Business mogul Tony Elumelu has donated ₦25 billion to support Lagos State's food security initiative, "Produce for Lagos." This...
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