Dangote Free Petrol Delivery in Six States
Dangote Refinery now delivers petrol free to marketers in six states at N1,215/litre, with a 10-day credit facility for orders of 250,000 litres or more.
Category : Business
Mexico Lists 6 Conditions for Foreign Citizenship
Mexico outlines six conditions foreigners must meet for naturalisation by residence, including five years of legal stay, valid residency card, and Spanish proficiency.
Nigerian Stocks Drop 0.41%, Investors Lose N648bn
Nigerian stocks fell 0.41% as the All-Share Index dropped to 246,980.17 points, wiping N648 billion off investors' wealth on Wednesday amid profit-taking.
FG Opens $110M Debt Facilities for Nigerian Startups
The Federal Government has opened applications for two debt-financing facilities worth $110 million under the iDICE Programme to provide affordable capital to tech and creative startups across Nigeria.
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Golemon Shuts Down, 33 Jobs Lost
Nigerian logistics startup Golemon has ceased operations, affecting 33 employees. The company cited challenging market conditions and funding difficulties.
Lagos Redraws Lekki Land Map, 98 Villages Get Letters
Lagos State redraws the Lekki land map and issues allocation letters to 98 villages, aiming to resolve decades of land disputes and unlock development.
Diesel Depot Prices Surge as Brent Crude Nears $90
Diesel depot prices in Nigeria climbed to ₦1,650 per litre in Lagos and ₦1,670 in Port Harcourt as Brent crude surged 6.48% to $89.54 per barrel, driven by Middle East tensions, signaling higher pump costs ahead.
GoLemon Shuts Down After 2 Years, 20% Staff Get New Jobs
Lagos-based grocery delivery startup GoLemon closes after failing to raise funding; 20% of employees already placed in new roles, support available until August 2.
Petrol, Diesel Prices Rise Across Nigeria; Dangote Holds Rate
Private depot operators raise petrol and diesel prices across Nigeria amid high global crude oil, while Dangote Refinery retains its N1,215 per litre ex-depot price.
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Top 10 African Countries Highest Minimum Wages 2026
Morocco leads Africa with a minimum wage of MAD 3,500 per month in 2026, followed by South Africa at ZAR 4,800 and Tunisia at TND 500, according to a Nairametrics report.
Ethiopia Tops Golden Visa Rankings with $10M Minimum
Ethiopia now requires $10 million for a 10-year residence permit, making it the world's priciest golden visa programme, according to Henley & Partners data analysed by BusinessDay.
Fraud Watchlist Expands by 38% with 13,117 BVNs Flagged in 2025
Banks flagged 13,117 BVNs in 2025, expanding the fraud watchlist by 38%, according to NIBSS. The increase highlights growing financial fraud.
CBN Lowers T-Bill Yield as Oversubscription Jumps 7x
The Central Bank of Nigeria slashed Treasury bill yields to 14.5% as investor demand soared, with oversubscription hitting seven times the offer, signaling strong liquidity.
Nigerian Equities Lose N648 Billion in Mid-Week Sell-Off
Nigerian equities lost N648 billion in mid-week trading, driven by sell-offs in TIP and NREIT stocks, as the market capitalization fell to N56.2 trillion.
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Apple Launches Leasing Programme for iPhones, Macs
Apple and Klarna launch a leasing programme for iPhones, Macs and iPads with monthly payments starting at $17.99, replacing the iPhone Upgrade Programme.
Nigeria unveils 7 herbal medicines for cancer, hepatitis B
Nigeria launches seven locally made herbal medicines targeting cancer, hepatitis B, hypertension, and more, aiming to boost healthcare and create millions of jobs.
Tinubu Approves ₦46bn for Kano Airport Runway
President Bola Tinubu has approved ₦46 billion for the reconstruction of the second runway at Mallam Aminu Kano International Airport, announced Aviation Minister Festus Keyamo.
UK Confirms JSA Weekly Amounts for 2026
The UK government confirmed that in 2026, unemployed people under 25 can receive up to £75.65 per week via New Style JSA, while those 25 and over get up to £95.55 per week.
Aviation unions threaten strike over N5bn ticket charges
Nigerian aviation unions ATSSSAN and NUATE issue final 7-day ultimatum to airlines over billions of naira in unremitted 5% Ticket Sales Charges, risking nationwide airport shutdown.
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FG approves ₦46bn for Kano airport runway: Passenger guide
The Federal Government has approved over ₦46 billion for runway reconstruction at Kano airport; work is underway but no flight suspensions yet. Passengers should monitor airline and FAA updates.
Coronation Fund Reaches Key Milestone for Series II Offer
Coronation Infrastructure Fund completes critical regulatory approval for its Series II offer, targeting N50 billion to finance infrastructure projects across Nigeria.
Royal Exchange Pre-Tax Profit Drops 94.2% in H1 2026
Royal Exchange Plc reported a 94.2% decline in pre-tax profit to N123 million in H1 2026, from N2.1 billion in H1 2025, citing underwriting losses and investment income drop.
Economic Hardship, Housing Crisis Keep Nigerian Youths Single
A UNFPA survey reveals many Nigerian youths remain single due to economic and housing constraints, not unwillingness. High unemployment, living costs, and insecurity cited as barriers.
REAN Calls for Clean Energy Action at Lagos Conference
REAN President and CEO demand shift from policy talks to investment and deployment at Solar & Storage Live Nigeria 2026, highlighting local manufacturing, financing, and quality standards.
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Dangote Refinery Files IPO Application With SEC
Dangote Petroleum Refinery has formally submitted its IPO application to Nigeria's SEC, targeting a September 2026 listing after a $2.5bn oversubscribed private placement, with SEC seeing no regulatory hurdles.
Flutterwave Makes CNBC, Statista Top Fintech List
Nigerian fintech Flutterwave has been recognized on the CNBC and Statista World's Top Fintech Companies list, highlighting its role in African digital payments and global expansion.
PwC, EY Hold 35.9% Nigeria Audit Market
PricewaterhouseCoopers (PwC) and Ernst & Young (EY) jointly commanded an estimated 35.9% of Nigeria's corporate audit market in 2025, according to a new industry report.
Certifications Transforming Nigerian Careers
Discover how ACCA, CFA, and PMP certifications are boosting salaries and career prospects for Nigerian professionals, with experts noting a 40% salary increase.
Quidax Expands Stablecoin Infrastructure to 21 Countries
Nigeria's first SEC-licensed cryptocurrency exchange, Quidax, has expanded its stablecoin infrastructure to over 21 countries, enabling faster cross-border payments and remittances.
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Court Mandates PoS Agents Register with NDPC
The Federal High Court ruled that PoS operators must register with the Nigeria Data Protection Commission (NDPC) under the Nigeria Data Protection Act 2023, affirming NDPC regulatory authority over PoS data processing.
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