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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.
Dangote's Double Play: N450bn to FG, N900bn to Fix Nigeria's Broken Roads
Nigeria Dangote's Double Play: N450bn to FG, N900bn to Fix Nigeria's Broken Roads
Nigeria News
1 min read
Aliko Dangote told President Tinubu that his company paid N450 billion in taxes in 2024, the highest in Nigeria, more than all banks combined. He...
107% Hike, No Light: Nigerians Question DisCos' Poor Performance
Nigeria 107% Hike, No Light: Nigerians Question DisCos' Poor Performance
Nigeria News
1 min read
Despite a 107% increase in electricity billing, Nigeria’s power distribution companies recorded a N202bn shortfall in Q1 2025, collecting just 73%...
SEC Red Alert: Nigerians Warned Against 'Punisher Coin' Crypto Scam
  • Featured
Nigeria SEC Red Alert: Nigerians Warned Against 'Punisher Coin' Crypto Scam
Nigeria News
1 min read
Nigeria’s SEC has warned the public against investing in ‘Punisher Coin’ ($PUN), labelling it an illegal, unregistered, and high-risk digital...
Naira narrows horizons: Currency Woes Ground Travel Dreams - Nigerians Cut Foreign Trips by 30% as Costs Soar
  • Featured
Nigeria Naira narrows horizons: Currency Woes Ground Travel Dreams - Nigerians Cut Foreign Trips by 30% as Costs Soar
Nigeria News
1 min read
Nigerian travellers have reduced international trips by 30% due to the naira's depreciation, making foreign travel significantly more expensive...
The Four Wise Men: Dangote, Otedola, Rabiu, Ovia Get Presidential Nod at Lekki Event
Nigeria The Four Wise Men: Dangote, Otedola, Rabiu, Ovia Get Presidential Nod at Lekki Event
Nigeria News
1 min read
President Bola Ahmed Tinubu has praised Aliko Dangote, Femi Otedola, Jim Ovia, and Abdulsamad Rabiu as Nigeria’s “four wise men,” acknowledging...
Lekki Vision Realised: Dangote Hosts Tinubu, Gates, Otedola at Refinery
Nigeria Lekki Vision Realised: Dangote Hosts Tinubu, Gates, Otedola at Refinery
Nigeria News
1 min read
President Tinubu toured the $20bn Dangote Refinery alongside tech mogul Bill Gates and billionaires Femi Otedola and Abdul Samad Rabiu. Described...
Prices Fall, Competition Rises: Six Depots Slash Petrol Costs as Market Shifts
Nigeria Prices Fall, Competition Rises: Six Depots Slash Petrol Costs as Market Shifts
Nigeria News
1 min read
Six major petrol depots have slashed their pump prices in a bid to stay competitive, signalling another shift in Nigeria’s fuel market landscape...
Naira Strengthens to N1,552/$1 as Trump-Musk Drama Rattles Crypto Markets
Nigeria Naira Strengthens to N1,552/$1 as Trump-Musk Drama Rattles Crypto Markets
Nigeria News
1 min read
The Naira appreciated to N1,552.62/$1 at NAFEM due to sustained policy interventions, even as the global crypto market plunged following a public...
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