NNPCL Raises Petrol Price to N1,430 in Abuja, Lagos, Others
NNPCL increases petrol pump price to N1,430 per litre in Abuja and other cities, following Dangote Refinery's ex-depot price hike and rising crude oil costs.
Category : Business
Petrol prices near N1,500 as crude tops $100, NNPC, others adjust
Petrol prices are approaching N1,500 per litre in Nigeria as Brent crude settles at $106.37, with Dangote Refinery raising ex-depot rates to N1,350 and retail prices hitting N1,400 in Abuja.
Atiku: Tinubu Shipping Nigeria's Wealth Abroad as Raw Materials
Atiku Abubakar says Nigeria's raw material exports jumped 106% to ₦3.84 trillion in H1 2026, while unsold goods hit ₦2.14 trillion, blaming Tinubu's policies.
Duke: Price Domestic Crude at Cost to Achieve N200 Petrol
Donald Duke says pricing domestic crude at production cost, not market rates, can enable petrol at N200-N300 per litre in Nigeria.
Japan centenarians top 100,000 as birth rate hits record low
Japan's centenarian population has crossed 100,000 for the first time, reaching 107,677, while the nation's fertility rate dropped to a record low of 1.14, intensifying demographic pressures.
Dangote Slams Rich Africans' Private Jet Lifestyle, Urges Investment
Africa's richest man, Aliko Dangote, criticizes wealthy Africans for prioritizing private jets over factories, urging productive investments to industrialize the continent.
Coachli builds infrastructure for Africa's creator economy
Coachli has facilitated over ₦1 billion in payouts to more than 23,000 creators across Africa, providing an all-in-one platform for coaches, freelancers, and digital product sellers.
Dangote Refinery Bonus Shares for Retail IPO Investors
Dangote Refinery offers retail investors up to two bonus shares for holding IPO shares for two years, with a minimum 10-share subscription.
Dangote's Net Worth Hits $51.3 Billion, Highest Ever
Forbes ranks Aliko Dangote as the world's 36th richest person with a net worth of $51.3 billion, his highest ever, as his refinery's IPO attracts massive subscriptions.
Diesel Landing Cost Nears N2,000 Amid Middle East Crisis
Nigeria's diesel import landing cost rose to N1,917.82 per litre, nearing N2,000, as Middle East tensions disrupt supply. Dangote's N1,850 price offers relief, but marketers may raise prices as cheaper stocks run out.
Petrol Depot Prices Vary Across Nigeria as Marketers Release New Rates
Petrol depot prices in Nigeria range from N1,350 to N1,390 per litre across Lagos, Warri, Port Harcourt, and Calabar, with Bulk Strategic recording the highest price, according to a new market report.
inDrive Tops Nigeria's Ride-Hailing Installs Post-Uber Exit
inDrive records 96% install surge, becoming Nigeria's most-installed ride-hailing app, per Sensor Tower. Growth follows Uber's exit, with expansion into delivery services.
NGX Rises 0.10% as Dangote Refinery IPO Opens to Strong Demand
Nigerian stocks gained 0.10% on Monday as the Dangote Refinery IPO opened to strong investor interest, with the All-Share Index rising 246.50 points to 243,299.24 points.
Dangote's $51.3bn Fortune Doubles Other Billionaires Combined
Forbes values Aliko Dangote at $51.3bn, more than double the combined $21.1bn of Rabiu, Adenuga, and Otedola, driven by refinery revaluation.
17 Nigerian Billionaires Control $37.7bn in NGX Shares
Seventeen wealthy investors, including Aliko Dangote and Femi Otedola, hold NGX shares worth $37.7 billion combined, with Rabiu and Dangote dominating.
MTN CEO Toriola's Pay Rises 61% to N4.7bn in 2025
MTN Nigeria CEO Karl Toriola earned R57 million (N4.7bn) in 2025, a 61.2% jump from 2024, driven by performance-linked incentives as the company met key targets.
Dangote unveils N2.15tn IPO to democratise wealth creation
Dangote Petroleum Refinery launches N2.15tn IPO on NGX, offering 4.1 billion shares at N525 each to democratise wealth creation for Nigerians and global investors.
Kaduna recovers 500,000 hectares of farmland from bandits
Kaduna's Commissioner for Information and Culture says farmers have returned to over 500,000 hectares of land, with 70 of 75 threats contained and agricultural spending up from N1.4 billion to N100 billion.
Australia Ups Work and Holiday Visa Cap to 1,500 for Uruguay
Australia's Department of Home Affairs increased the Work and Holiday visa cap for Uruguayans to 1,500 slots per year, effective July 1, 2026, finalising a bilateral amendment.
PiggyVest Opens Dangote Refinery IPO to 6.6M Users at N525
PiggyVest partners with Chapel Hill Denham to offer 6.6 million users digital access to Dangote Refinery's IPO, selling 4.1 billion shares at N525 each, with a minimum investment of N5,250.
Dangote to Start $17bn Kenya Refinery Construction by September 2026
Dangote Group will break ground on a $17 billion oil refinery in Lamu, Kenya, by end of September 2026, with completion targeted within three years.
Chowdeck CEO: Riders Earn N100,000 Weekly, Top Performers More
Chowdeck CEO Femi Aluko reveals riders earn an average of N100,000 weekly, or N400,000 monthly before expenses, with top performers earning more.
Dangote Refinery IPO: Investors Ready to Support Right Story – Comercio CEO
The Dangote Refinery IPO could list at N65.88 trillion market cap, about 42% of NGX value, targeting 10 million investors for 4.1 billion shares, says Comercio Partners CEO Stephen Osho.
Top 10 Highest-Paid CEOs in Nigeria 2026: Brown Leads, One Woman
Seplat Energy's Roger Brown tops Nigeria's 2026 CEO pay ranking with ₦3.90bn, followed by MTN's Karl Toriola (₦3.14bn). Zenith's Adaora Umeoji is the only woman on the list.
Dangote Raises Petrol Price by N85 to N1,350 per Litre
Dangote Refinery hikes petrol ex-gantry price by N85 to N1,350 per litre, prompting filling stations across Nigeria to raise pump prices.
NGX Investors Trade N130bn Shares as Market Cap Falls 1.24%
NGX investors traded 3.647 billion shares worth N130.151 billion in 244,777 deals during the week, as the All-Share Index fell 1.60% to 243,052.74 points and market capitalisation dropped 1.24% to N157.587 trillion.
5 Low-Cost Android Foldables Rivaling iPhone Duo in 2026
Apple's $1,999 iPhone Duo faces stiff competition from cheaper Android foldables like Samsung Galaxy Z Fold 8, Xiaomi 18 Fold, and more, offering better batteries, cameras, and value.
Chowdeck CEO: Riders Earn N100,000 Weekly, Some More Than Doctors
Chowdeck CEO Femi Aluko says average riders earn at least N100,000 weekly, with top performers earning more, sometimes exceeding doctors' pay.
Nigerian Banks Shut 476 Branches Amid Digital Shift
Nigerian banks closed 476 branches and cash centres between 2022 and 2025, with Lagos losing the most locations, as digital banking adoption accelerates nationwide.
Dangote Raises Petrol Price by N185 in Three Weeks
Dangote Refinery raises petrol gantry price to N1,350 per litre, a N185 increase in three weeks, as filling stations adjust pump prices to N1,400 amid crude oil questions.
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