Business
Markets, the naira, the CBN and the companies moving them. · 30 stories today
Borno Advocates Stronger Economic Ties With Chad Despite Insurgency
Borno State Commissioner for Agriculture, Engr. Bawu Mussami has called for stronger economic cooperation between Borno State and the Republic of Chad, saying that the security challenges confronting the region should…
LASACO returns to profit with N1.60 billion pre-tax earnings in 9M 2026
LASACO Assurance Plc has returned to profit, reporting Group pre-tax earnings of N1.60 billion for the nine months ended September 30, 2026, compared with a N4.72 billion loss in the corresponding period of 2025. The…
Finland shares website to apply for 14-day fast-track residence permit
Finland introduced a promising 14-day fast-track residence permit pathway for qualified foreign nationals, with application link on its immigration website.
Akwa Ibom health insurance seeks enrolment of 16,000 transporters
Akwa Ibom State Health Insurance Agency (AKSHIA), has solicited the enrollment of transporters numbering over 16,000 to further expand access
Businesses panic as Nigeria reports first Ebola case
Nigeria’s confirmation of a new Ebola case in the Federal Capital Territory has raised concerns among business owners over potential
EscrowPay launches EscrowPay Services, so freelancers and contractors can get paid in stages
Following the go live of its WhatsApp based conditional settlement service for goods in June 2026, EscrowPay has now launched the same protection for the services industry. EscrowPay Services, a new web platform at…
Stablecoins could expand diaspora access to Dangote Refinery IPO, says Graph Finance CEO
Stablecoins are creating new channels for diaspora investors to participate in Nigerian investment opportunities, including the Dangote Refinery initial public offering (IPO), according to Abdul Akubo, Founder and Chief…
Oyedele links N30tn monetary financing to Nigeria’s inflation pressures
According to the finance minister, excessive money creation and petrol subsidy spending contributed to economic pressures The post Oyedele links N30tn monetary financing to Nigeria’s inflation pressures appeared first…
Pelican Ecostay Apartments: Investors Record ₦20m Appreciation in One Year as Pelican-Valley Commissions Phase II in Ogun
Pelican-Valley has commissioned Phase II of its Ecostay Apartments in Ogun, with investors recording a ₦20m appreciation in property value in one year. Read More:…
Find out more as marketers sell petrol higher than Dangote’s rate, except one
Petrol marketers list new depot prices of up to N1,360 per litre, exceeding Dangote Petroluem Refinery’s rate amid rising global crude oil prices.
Not a sugar daddy or godfather. A sponsor
The double standard costing women contracts, capital and opportunity. A man starts a bank. Builds an oil company. Wins a
Hardship: 180 widows receive support in Abaji
At least 180 widows in Abaji Area Council of the Federal Capital Territory (FCT) have received cash support from the Speaker of the council’s Legislative Arm, Abdullahi Baba Yahaya, to cushion the effects of economic…
Small Businesses Collapsing Under Economic Pressure, ASBON Raises The Alarm
The Association of Small Business Owners of Nigeria (ASBON) has raised the alarm over the growing collapse of small businesses across the country, warning that mounting operating costs, rising debt obligations and…
Investors Gain N411bn As Buying Interest Returns To NGX
Investors in the Nigerian stock market gained N411 billion in market value yesterday as renewed buying interest lifted equities, reversing losses recorded in the previous trading session. The market capitalisation of…
Naira weakens to N1,334.99/$ as dollar falls in global markets
The naira weakened by 0.11% to close at N1,334.99 per dollar on Tuesday, October 20, 2026, from N1,333.50/$ in the previous session. The post Naira weakens to N1,334.99/$ as dollar falls in global markets appeared first…
N30trn Printed Money Behind Today’s High Inflation, Says Oyedele
…Says Nigeria was headed for Zimbabwe-style crisis The minister of finance and coordinating minister of the economy, Taiwo Oyedele, on Tuesday attributed Nigeria’s current high inflation to the printing of about N30…
ADC: Tinubu May Impose 5% Fuel Tax If Re-elected
• Warns petrol may hit N1,522.50/litre, government may activate tax after 2027 election Chuks Okocha in Abuja The African Democratic Congress (ADC) has alleged that President Bola Tinubu’s administration may
Inside CBN’s MPC: How Members Debate, Vote On Interest Rates
When the Central Bank of Nigeria (CBN) announced a reduction in the benchmark interest rate to 23 per cent at its September monetary policy meeting, attention quickly shifted to what the decision meant for inflation,…
👨🏿🚀TechCabal Daily – A MNT of fresh air
In today's edition: MNT-Halan share price rises 6.6% || Netflix lays off Africa content boss || Trading for NCBA shares suspended || Spiro launches e-bikes in Ghana
Fuel Tax: Finance Minister Oyedele Denies FG Plans to Tax Petrol
Nigeria's Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has denied reports that the Federal Government plans to introduce fuel tax when the economy stabilises. The post Fuel Tax: Finance…
N9trn NLNG Shortfall: Governors Forum Aligns With FG, Makinde Insists On Release Of States, LGs’ Share
Contrary to the position of the Oyo State Governor Seyi Makinde, the Nigeria Governors’ Forum (NGF) has denied the existence of a reconciliation process over an alleged N9 trillion shortfall in dividends from the…
Nigeria’s 10-year bond yield rises as US and African benchmarks decline
Nigeria's 10-year government bond yield rose by 46 basis points to 17.05% in the week ended October 16, 2026, even as benchmark yields in the United States, South Africa, Kenya and three other markets declined. The post…
Dollar to Naira exchange rate today, October 12, 2026
The US dollar traded at approximately ₦1,332.49 at the Nigerian Foreign Exchange Market (NFEM), while the parallel market quoted the currency at about ₦1,370 for buying and ₦1,380 for selling, based on the latest…
Oshiomhole laments secrecy as Secondary School Education Bill scales second reading
Adams Oshiomhole on Tuesday lamented that senators had not been given copies of a proposed amendment to the National Senior
Why products fail (Part XV)
There is a scene that plays out in competitive markets, and most seasoned brand managers will recognise it immediately. A
Stop rail failures before they stop cargo
Rail is becoming an increasingly important part of port modernisation across West Africa. But expanding railway capacity is only one
Nigeria must stop neglecting mental health
Nigeria can no longer afford to treat mental health, neurological disorders and substance-use conditions as peripheral concerns in its healthcare
Nigeria does not have crude enough to sustain subsidy, says Oyedele
Taiwo Oyedele, Nigeria’s minister of finance and cordinating minister of the ecomomy has dismissed political promises of returning fuel subsidies,
How Digital Tax Reforms Are Reshaping Nigeria’s Revenue Drive
Nigeria’s drive to strengthen public revenue is increasingly shifting towards technology-driven tax administration, with electronic invoicing, automated transaction monitoring and integrated digital platforms emerging…