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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.
Dangote Highlights Africa's $90bn Annual Loss to Substandard Fuel Imports
Nigeria Dangote Highlights Africa's $90bn Annual Loss to Substandard Fuel Imports
Nigeria News
1 min read
The Digest: Aliko Dangote, President of Dangote Industries, has raised alarm over Africa’s annual loss of $90 billion due to the continent’s...
U.S. Pulls Out of UNESCO, Cites Anti-Israel Stance and Globalist Policies
Americas U.S. Pulls Out of UNESCO, Cites Anti-Israel Stance and Globalist Policies
Nigeria News
1 min read
The Digest: The United States has decided to withdraw from UNESCO, effective December 31, 2026, citing misalignment with U.S. national...
CBN Holds MPR at 27.5%: Inflation Eases, Yet Risks Persist
Nigeria CBN Holds MPR at 27.5%: Inflation Eases, Yet Risks Persist
Nigeria News
1 min read
The Digest: The Central Bank of Nigeria (CBN) decided to maintain its Monetary Policy Rate (MPR) at 27.5%, despite inflation easing for the...
NNPC Profit Declines to N905 Billion in June Amid Increased Revenue and Production
Nigeria NNPC Profit Declines to N905 Billion in June Amid Increased Revenue and Production
Nigeria News
1 min read
The Digest: The Nigerian National Petroleum Company Limited (NNPC Ltd) recorded a profit after tax of N905 billion in June, a decrease from...
Today’s Dollar to Naira Rate: Dollar → Naira Snapshot Rate for 22 July 2025
  • Featured
Nigeria Today’s Dollar to Naira Rate: Dollar → Naira Snapshot Rate for 22 July 2025
Nigeria News
1 min read
🔹 Official CBN Rate: N1,533.64/$1 🔹 Black-Market Rate: N1,535/$1 🔹 Drivers: Weak oil revenues, limited foreign portfolio inflows, currency defense...
CAC Delays Implementation of New Fees and Penalties to September 1
Nigeria CAC Delays Implementation of New Fees and Penalties to September 1
Nigeria News
1 min read
The Digest: The Corporate Affairs Commission (CAC) has postponed the start of new fees and penalties for document downloads on its upgraded...
Real Estate Surpasses Oil in Rebased Nigerian Economy
Nigeria Real Estate Surpasses Oil in Rebased Nigerian Economy
Nigeria News
1 min read
The Digest: Nigeria's recent GDP rebasing revealed that real estate has surpassed oil as the third-largest contributor to the economy, reflecting...
Nigeria’s GDP Swells to N372 Trillion: Still Fourth Largest Economy in Africa
Nigeria Nigeria’s GDP Swells to N372 Trillion: Still Fourth Largest Economy in Africa
Nigeria News
1 min read
The Digest: Nigeria's economy reached new heights with a nominal GDP of N372.8 trillion in 2024, but remains the fourth-largest economy in...
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