Business
Nigeria’s Public Debt Rises to N166.79 Trillion as Domestic Borrowing Hits N91.59 Trillion
Nigeria’s total public debt has increased to N166.79 trillion as of June 30, 2026, representing a rise of N7.44 trillion within three months,…
Business
Business
At 80, She Still Wakes Up to Make Tuwo for Kano Customers
For more than five decades, Hajiya Zara Mai Tuwo has built her life around a simple but enduring business: preparing and selling tuwo to…
Business
How Alice Walton Made $33 Billion Without Running Walmart
Alice Walton added roughly $33 billion to her fortune over the past year, despite not running a company or holding an executive position at…
Business
Airtel Money Targets London Listing in Major IPO Move
Airtel Money is preparing for a major listing on the London Stock Exchange, targeting a valuation of up to $9 billion as the African…
Business
Over 40 Nigerian SMEs Selected for New Growth Accelerator
More than 40 Nigerian small and medium-sized enterprises have been selected for the inaugural Grow Enterprise Africa (GEA) SME Accelerator, following a competitive process…
Business
Naira May Depreciate After CBN Interest Rate Cut, Says Rewane
LAGOS, NIGERIA — Bismarck Rewane, the Chief Executive Officer of Financial Derivatives Company, has said the naira may depreciate following the Central Bank of…
Business
Nigeria pushes oil investors to cut FID timeline to six months
Nigeria is urging oil and gas investors to reach Final Investment Decisions (FID) within six months or less as the government moves to accelerate…
Business
Dangote, Marketers Cut Petrol Prices as Crude Falls
The Dangote Petroleum Refinery and other major petroleum marketers have reduced petrol prices following a decline in international crude oil prices. Dangote Refinery cut…
Business
Dangote Refinery Supplied 71% of Nigeria’s August Petrol — NMDPRA Report
ABUJA, NIGERIA — The Dangote Petroleum Refinery supplied almost 36 million litres of petrol daily to the Nigerian market in August 2026, accounting for…
Business
CBN Rate Cut Sends Bank Deposits to Seven-Month High
Nigerian banks increased their deposits with the Central Bank of Nigeria (CBN) to a seven-month high of N7.33 trillion, signalling a sharp rise in…
