Business

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: Dangote Petroleum Refinery has revealed it has faced 22 documented incidents of sabotage since beginning operations, leading to a...
The Digest: Lagos tenants are facing rental costs far beyond legal limits, with many paying double their annual rent due to excessive agency and...
The Digest: The International Monetary Fund (IMF) has excluded Nigeria from its list of the fastest-growing economies in sub-Saharan Africa...
The Digest: A major controversy has erupted across Nigerian social media over a scheme promoted by influencers to repackage old iPhone XR models...
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The Digest: A growing wave of counterfeit and fraudulently "upgraded" iPhones is flooding the Nigerian market, prompting the Nigerian...
The Digest: The retail price of Premium Motor Spirit (PMS) from Dangote Refinery has surged to N950 per litre at major outlets in Abuja...
  • Featured
Key points: Official CBN Rate: ₦1,471.03 / USD Black-Market Rate: ₦1,485 / USD Drivers: Cooling inflation, weak dollar supply, global risk...
Key Points: Official CBN Rate: ₦1,473 / USD Black-Market Rate: ₦1,485 / USD Drivers: Lower CBN forex sales, strong portfolio inflows, easing...
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