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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.
Trading places: Shell Acquires TotalEnergies' $510 Million Stake in Nigeria's Bonga Oil Field
Nigeria Trading places: Shell Acquires TotalEnergies' $510 Million Stake in Nigeria's Bonga Oil Field
siteadmin
2 min read
Sometimes, the most revealing business moves happen when companies head in opposite directions on the same opportunity. Shell has agreed to...
Tinubu Names 36 to Head Varsity, Polytechnic Councils in Governance Shake-Up
Nigeria Tinubu Names 36 to Head Varsity, Polytechnic Councils in Governance Shake-Up
Nigeria News
1 min read
President Bola Tinubu has appointed 36 new members to oversee federal universities, polytechnics, and colleges of education. He also asked the...
AfDB Names Sidi Ould Tah as New President, Replacing Adesina
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Nigeria AfDB Names Sidi Ould Tah as New President, Replacing Adesina
Nigeria News
1 min read
The African Development Bank (AfDB) has officially elected Sidi Ould Tah of Mauritania as its new president. The announcement was made during the...
Between Hope and Headwinds: AfDB Predicts Naira’s Dip and Inflation Relief by 2026
Nigeria Between Hope and Headwinds: AfDB Predicts Naira’s Dip and Inflation Relief by 2026
siteadmin
1 min read
Even as Nigeria’s Central Bank talks tough on stabilising the naira, the African Development Bank sees bumps ahead. In its 2025 Outlook, AfDB...
Today’s Naira Rate [29-05-2025]: Naira Weakens Despite CBN’s $50m Boost, More Trouble Ahead?
  • Featured
Nigeria Today’s Naira Rate [29-05-2025]: Naira Weakens Despite CBN’s $50m Boost, More Trouble Ahead?
Nigeria News
1 min read
The naira continued its decline on Wednesday, slipping to ₦1,591.60/$1 officially and ₦1,625/$1 at the black market, despite a $50m intervention...
From Beats to Boardrooms: 13 Nigerians Named Africa’s Peace Icons for 2025
Nigeria From Beats to Boardrooms: 13 Nigerians Named Africa’s Peace Icons for 2025
siteadmin
1 min read
From stadium stages to boardroom tables, 13 Nigerians are being honoured among Africa’s 100 Most Notable Peace Icons for 2025. The list represents...
UBA Dials Into Simpler Lending: New *919*9# Code Lets Users Borrow Airtime and Data
Nigeria UBA Dials Into Simpler Lending: New *919*9# Code Lets Users Borrow Airtime and Data
siteadmin
1 min read
In places where mobile data costs more than a day’s meal, UBA’s new *919*9# service is a quiet shift. It lets users borrow airtime and access data...
Nigeria SEC Red Alert: Silverkuun Investment Scheme Warning - Firm Unregistered
Nigeria Nigeria SEC Red Alert: Silverkuun Investment Scheme Warning - Firm Unregistered
siteadmin
1 min read
According to The Cable, the Securities and Exchange Commission has issued a red alert warning Nigerians against investing with Silverkuun...
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