FG to Auction N1.2 Trillion Bonds at N1,000 Per Unit
The DMO will auction N1.2 trillion in FGN bonds on July 20, 2026, with interest rates of 22.60%, 15.45%, and 16.249%, minimum subscription of N50 million, and tax benefits.
Category : Business
Globacom Rewards 115 Top Dealers with Cash, Cars at Gala
Globacom honoured 115 top-performing business partners with millions in cash, brand-new vehicles, and prizes at the 2026 Glo Partners' Reward Gala in Lagos, reaffirming commitment to rewarding excellence and loyalty.
5 Countries Offering Digital Nomad Visas to Nigerians in 2026
Five countries including Mauritius, Namibia, Greece, Spain, and Thailand offer digital nomad visas for Nigerians in 2026, with varying income thresholds and durations.
NGX Sees N32.73 Billion in Major Deals Led by First HoldCo
The Nigerian Exchange recorded N32.73 billion in major deals on July 15, 2026, with First HoldCo and Seplat dominating trading activity.
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Nigerian Senators Now Get Over N2bn Yearly for Projects
Former Senator Ishaku Abbo claims each Nigerian senator now receives over ₦2 billion annually for constituency projects, contrasting with ₦220 million during his tenure.
Petrol, Diesel Prices Jump After Dangote Dollar Sales Policy
Private depot owners raised petrol and diesel loading prices across Lagos, Port Harcourt and Warri after Dangote Refinery switched to dollar-denominated sales, with petrol climbing up to N113 per litre and diesel up to N150 per litre.
Top Nigerian Banks 2025: Performance by Key Financial Metrics
In 2025, Nigerian commercial banks showed mixed results. Access Holdings led in total assets, while GTCO had the highest profit margin. See full ranking.
Dangote: Nigeria Spends $1bn Yearly on Fish Imports Despite Water Wealth
Aliko Dangote reveals Nigeria spends $1 billion yearly importing fish despite abundant water resources, urging investment in the blue economy to boost local production and create jobs.
NGX rebounds by N719 billion as FirstHoldCo, MTN Nigeria lead
The Nigerian Exchange rebounded by N719 billion on Wednesday, driven by gains in FirstHoldCo and MTN Nigeria, lifting market capitalisation to N56.7 trillion.
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Petrol Depots Nationwide Release New Prices After Dangote Hike
Petroleum depots across Nigeria release fresh petrol loading prices after Dangote Refinery raised its ex-depot price to N1,120 per litre, with rates ranging from N1,032 to N1,250 per litre.
Nigeria Petrol Import Costs Surge 15% Amid Middle East Tensions
Nigeria's petrol import costs jumped over 15% in two weeks due to Middle East tensions, yet the country maintains the lowest pump prices in West Africa at about N1,156 per litre.
Zamfara Governor Unveils $200 Million Lithium Plant
Governor Dauda Lawal of Zamfara State has unveiled a $200 million lithium mining and processing plant, emphasizing transparent resource management and investor-friendly policies.
Nigeria's oil production hits 1.735m bpd in June 2026
Nigeria's crude oil and condensate production averaged 1,735,398 barrels per day in June 2026, surpassing the OPEC quota by 4% and marking the highest output since April 2020.
Nigerian Stocks: Top Picks for H1 2026 Earnings Season
Nigerian equities rally as H1 2026 earnings season begins. Analysts highlight bargain hunting opportunities in fundamentally sound stocks like Zenith Bank, Unilever, BUA Cement, Coronation Insurance, and UACN.
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Nigeria launches food procurement guidelines to combat NCDs
Nigeria's new National Guidelines for Public Procurement of Food set nutrition standards for public funds, aiming to reduce unhealthy diets and curb non-communicable diseases.
How to Stand Out at Work: Become a Problem Solver
To stand out at work, focus on solving problems rather than just completing tasks. Develop a solutions mindset, anticipate issues, and go beyond your job description to create value.
Nigeria must rebuild federal incentives for development
Dipo Baruwa argues that Nigeria's fiscal federalism must realign incentives to link revenue to production, not just redistribution, to drive development across all tiers of government.
Nigeria's Import Duty Waivers Hit ₦34 Trillion 2000-2025
Import duty waivers in Nigeria reached ₦34 trillion between March 2000 and December 2025, with 60% for military hardware, according to the Nigeria Customs Service.
Nigeria, Hong Kong Sign Double Taxation Treaty
Nigeria and Hong Kong signed a double taxation agreement to eliminate double taxation, boost trade, and enhance investment flows between both jurisdictions.
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Taraba Taskforce Arrests Two Illegal Miners in Gold Raid
Taraba's anti-illegal mining taskforce arrested two suspects during a raid on a gold-mining site in Mayo Kam, recovering equipment. The operation followed weeks of intelligence.
CBN Rate Decision: Economists Divided Ahead of MPC Meet
As Nigeria's MPC prepares to meet, economists are split on whether to hold or cut the benchmark interest rate, citing inflation risks and growth concerns.
CBN: Nigerian Businesses Optimistic in June Despite High Taxes
Nigerian businesses maintained a positive outlook in June 2026, with the Business Confidence Index at 7.2 points, despite high taxes, insecurity, and interest rates as top constraints, according to the CBN.
Yobe, Adamawa Step Up Security to Curb Illegal Mining
Yobe and Adamawa states have intensified security measures against illegal mining to prevent banditry and insurgency linked to solid minerals like gold.
FutbolConect Launches in Lagos to Bridge African Football Talent Gap
FutbolConect, a football technology platform, launched in Lagos to connect players, clubs, scouts, and stakeholders across Africa, aiming to bridge the talent-opportunity gap.
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Otti Flags Off Farmers Input Support Programme for 18634 Farmers
Governor Alex Otti launched the Farmers' Input Support Programme in Abia State, targeting 18,634 verified farmers with free improved seeds, fertilizer, and transport to boost commercial agriculture.
University of Abuja, SCRiH Sign Lease for Agricultural Lab
The Supply Chain Research and Innovation Hub and University of Abuja signed a lease for the National Agricultural Reference Laboratory and Centre of Excellence to boost Nigeria's agricultural research and food safety.
Dangote Refinery Shifts Africa's Industrial Balance
Aliko Dangote's refinery in Lagos and planned Kenya facility mark a shift in Africa's development, driven by industrial capacity, long-term investment, and human capital.
Dangote Refinery Hikes Petrol Price by N44 to N1,120
Dangote Refinery raises petrol price by N44 to N1,120 per litre amid global crude surge; depot prices soar over N100, straining households and businesses.
FG to Review Chinese Firm's 10,000 Homes Proposal in 30 Months
The Federal Government will review a Chinese firm's proposal to build 10,000 homes in 30 months under a PPP arrangement aimed at addressing Nigeria's housing deficit.
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Anambra businessman gifts Nwa Boy 12-flat apartment
Anambra businessman OMOLETEX gifts his loyal apprentice a 12-flat apartment, reigniting conversations about the Igbo apprenticeship system and its relevance today.
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