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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.
Numbers Hide Hunger: Nigeria's Inflation Drops to 22.97% While Food Costs Climb
  • Featured
Nigeria Numbers Hide Hunger: Nigeria's Inflation Drops to 22.97% While Food Costs Climb
Nigeria News
1 min read
Nigeria's inflation rate decreased to 22.97% in May 2025, down 0.74% from April's 23.71%, marking the first significant decline after sustained...
Necessity Trumps Prejudice: EU Opens 42 High-Demand Occupations to Foreign Skilled Workers in 2025
  • Featured
Nigeria Necessity Trumps Prejudice: EU Opens 42 High-Demand Occupations to Foreign Skilled Workers in 2025
Nigeria News
1 min read
The European Union has announced 42 high-demand occupations open to foreign skilled workers in 2025, spanning healthcare, transport, IT...
Scaled pressure: Jumia Braces for Temu and Shein's E-commerce Challenge
Africa Scaled pressure: Jumia Braces for Temu and Shein's E-commerce Challenge
Nigerian Bulletin
1 min read
Chinese e-commerce giants Temu and Shein are expanding across African markets, intensifying competition for Jumia. According to Rest of World...
No Dividends, No Bonuses: CBN’s New Rules for Troubled Banks
  • Featured
Nigeria No Dividends, No Bonuses: CBN’s New Rules for Troubled Banks
Nigeria News
1 min read
The Central Bank of Nigeria (CBN) has barred financially distressed banks benefiting from regulatory leniency from paying dividends or bonuses, in...
From N2,500 to N12,500: How a Fee Dispute Could Paralyze Nigeria’s Fuel Supply
Nigeria From N2,500 to N12,500: How a Fee Dispute Could Paralyze Nigeria’s Fuel Supply
Nigeria News
1 min read
Petrol scarcity may hit Lagos and potentially spread nationwide as NARTO and IPMAN order tanker drivers at Dangote Refinery to suspend operations...
Oil War Fallout: Nigeria’s Fuel Prices Jump as Global Crude Tops $74
Nigeria Oil War Fallout: Nigeria’s Fuel Prices Jump as Global Crude Tops $74
Nigeria News
1 min read
Amid escalating tensions between Israel and Iran, oil marketers in Nigeria have hiked petrol depot prices as crude oil surged 8.8% to $74 per...
Succession signals strength: Arnold Ekpe Becomes Dangote Sugar Chairman
Nigeria Succession signals strength: Arnold Ekpe Becomes Dangote Sugar Chairman
Nigerian Bulletin
1 min read
On June 12, 2025, Dangote Sugar Refinery Plc announced Arnold Ekpe as its new chairman, effective June 16, replacing Aliko Dangote after two...
Fuel Revolution Begins: Dangote Refinery Cuts Out Middlemen, Launches Direct Supply to Industries
Nigeria Fuel Revolution Begins: Dangote Refinery Cuts Out Middlemen, Launches Direct Supply to Industries
Nigeria News
1 min read
Starting August 15, 2025, the Dangote Refinery will bypass traditional fuel marketers and supply petrol and diesel directly to large users such as...
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