A five-day gridlock on the Benin-Sapele-Effurun corridor trapped people, fuel and goods. Its real cost reaches factories, food and fares.
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A five-day gridlock on the Benin-Sapele-Effurun corridor trapped people, fuel and goods. Its real cost reaches factories, food and fares.
Donald Duke's charge is that the subsidy removal worked for the treasury and not for households. The inflation data released this month says something more complicated than either side wants.
The NDPC has signed agreements with the Governors' Forum and the Bureau of Public Procurement to standardise data protection across all 36 states. The Act has existed since 2023. Almost nothing has implemented it.
Up four places in the StartupBlink index, a 20 billion dollar ecosystem, and the highest growth rate on the planet at 31.8 per cent. Four unicorns, 1,476 active startups, and one very large caveat.
15.43 per cent in July, the second consecutive fall and the lowest since March. Food inflation went the other way for the sixth month running, to 20.31 per cent. One of those numbers is in your market.
Flutterwave holds a microfinance banking licence. So do Moniepoint, OPay, PalmPay and PiggyVest. The companies built to route around Nigerian banks have decided to become them.
The state oil company says the refinery is trying to shut out fuel importers. Dangote says the licences should never have been issued. Both are arguing about who supplies Nigeria's petrol.
External reserves have passed $52 billion, their strongest level since 2009. The naira closed at N1,350 to the dollar, and the gap between the official and street rate is now under two per cent.
A currency up 1.3 per cent in a fortnight and food inflation that barely moves are not a contradiction. They are two different problems, and only one of them is monetary.
The currency traded around N1,350 to the dollar as campaigning opened, with the pound near N1,819. Stability, rather than strength, is the achievement being claimed.
Nigerian startups raised $113.7 million in June 2026, with 1,476 active companies and four unicorns. The funding environment has recovered from a bruising two years.
The musician and emPawa Africa founder is exploring an NGX listing, saying he wants Nigerians to own a piece of the business. He cites Aliko Dangote as the model.
Nigerian market capitalisation has gone from about N30 trillion in 2023 to N160 trillion in 2026, making the exchange one of the world's best performers. Some of that is growth and some of it is arithmetic.
A $5 billion IPO for Dangote Petroleum Refinery and Petrochemicals is targeted for completion by October 2026. It would be one of the largest listings in African history.
Ex-depot and pump prices have moved repeatedly in both directions this month as the refinery and the state oil company respond to each other. It is the first real competition in Nigerian fuel retail in decades.
Twelve startups, up to $350,000 each, one from each geopolitical zone. The Bank of Industry programme stops taking applications on Wednesday 19 August.