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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.
Nigeria's June Inflation Eases to 22.22%: Key Economic Shift
  • Featured
Nigeria Nigeria's June Inflation Eases to 22.22%: Key Economic Shift
Nigeria News
1 min read
The Digest: Nigeria's inflation rate eased to 22.22% in June 2025, down from 22.97% in May. This improvement signals a shift toward more stable...
Dangote Moves to Crash Cooking Gas Price, Threatens Direct Sales to Consumers
Nigeria Dangote Moves to Crash Cooking Gas Price, Threatens Direct Sales to Consumers
Nigeria News
1 min read
The Digest: Aliko Dangote, president of Dangote Group, is taking steps to reduce the price of Liquefied Petroleum Gas (LPG), also known as...
NNPC Slashes Petrol Prices to N895/Litre in Abuja, N865/Litre in Lagos
Nigeria NNPC Slashes Petrol Prices to N895/Litre in Abuja, N865/Litre in Lagos
Nigeria News
1 min read
The Digest: The Nigerian National Petroleum Company (NNPC) Limited has reduced the pump price of Premium Motor Spirit (PMS), commonly known as...
Today’s Dollar to Naira Rate: Dollar → Naira Snapshot Rate for 16 July 2025
  • Featured
Nigeria Today’s Dollar to Naira Rate: Dollar → Naira Snapshot Rate for 16 July 2025
Nigeria News
1 min read
Key points: Official CBN Rate: N1,518 / USD Black-Market Rate: N1,530 / USD Drivers: Positive foreign portfolio inflows, improved oil production...
Meta Deletes 10 Million Fake Accounts in Crackdown on Inauthentic Behavior
Nigeria Meta Deletes 10 Million Fake Accounts in Crackdown on Inauthentic Behavior
Nigeria News
1 min read
The Digest: Meta, the parent company of Facebook, has significantly escalated its authenticity drive against inauthentic behavior on its...
SEC Investigates 79 Ponzi Schemes, Takes Action Against FF Tiffany
Nigeria SEC Investigates 79 Ponzi Schemes, Takes Action Against FF Tiffany
Nigeria News
1 min read
The Digest: Nigeria's Securities and Exchange Commission (SEC) announced it's cracking down on fraud, actively investigating 79 suspected Ponzi...
MultiChoice and FCCPC Appeal Court’s Intervention Over DSTV and GOtv Price Hike
Nigeria MultiChoice and FCCPC Appeal Court’s Intervention Over DSTV and GOtv Price Hike
Nigeria News
1 min read
The Digest: MultiChoice Nigeria and the FCCPC have approached the Court of Appeal to challenge a recent ruling regarding the pay-TV price hike...
Nigerian Marketers Cut Fuel Prices as FG Declares Public Holiday in Honor of Buhari
Nigeria Nigerian Marketers Cut Fuel Prices as FG Declares Public Holiday in Honor of Buhari
Nigeria News
1 min read
The Digest: Nigerian marketers have reduced fuel prices, starting Tuesday, following a drop in Dangote Refinery’s ex-depot prices. The price...
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