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Finance & Economy - Page 4

Dangote’s Frequent Price Cuts And Ripples Of Intense Competition In Nigerian Fuel Market

Dangote Refinery Cuts Petrol Price by ₦100, Diesel by ₦190

The Dangote Petroleum Refinery has reduced the ex-gantry price of Premium Motor Spirit (PMS), commonly known as petrol, by ₦100 per litre, while also lowering the price of Automotive Gas Oil (AGO), or diesel, by ₦190 per litre. In a new pricing

March 10, 2026

Finance & Economy·News·Top Stories

Nigeria, AFC Sign $1.3 Billion Deal to Transform Mining Sector

The Federal Government of Nigeria, through the Solid Minerals Development Fund (SMDF), has signed a landmark $1.3 billion investment partnership with the Africa Finance Corporation (AFC) to co-finance strategic initiatives aimed at repositioning the nation’s mining sector and deepening its contribution to

March 2, 2026

Business·Finance & Economy·Labour·News·Nigeria·Technology·Top Stories

Tinubu Envisages Lebara to Transform Nigeria’s Digital Space, Create Jobs

President Bola Ahmed Tinubu has welcomed the launch of Lebara Nigeria, describing it as a signal of investor confidence in the country’s digital economy, even as unemployment and underemployment continue to shape the outlook for millions of young Nigerians. In a statement

February 28, 2026

Agro-Economy·Business·Finance & Economy·News·Nigeria·Top Stories

Nigeria Ports See Strong Flow of Food, Fuel Imports Amid Ongoing Price Pressures

A fleet of 21 vessels carrying petroleum products and essential food commodities is currently discharging at Nigeria’s Lagos ports, as authorities and economists watch to see if improved supply will ease the cost of living in Africa’s most populous nation. The Nigerian

February 28, 2026

Finance & Economy·News·Top Stories

Nigeria’s GDP Grows by 4.07% in Q4 2025 – NBS

Nigeria’s Gross Domestic Product (GDP) expanded by 4.07 per cent year-on-year in real terms in the fourth quarter of 2025, according to the latest report released by the National Bureau of Statistics (NBS). The growth rate is higher than the 3.76 per

February 27, 2026

Business·FEATURES·Finance & Economy·News·Nigeria·Top Stories

Tinubu’s Oil Revenue Clampdown Stirs Relief at FAAC, Anxiety Inside NNPC

Inside the monthly meetings of the Federation Account Allocation Committee, one complaint has come up again and again — not enough money to share. State officials have long questioned why large portions of oil revenue never made it into the pool before

February 26, 2026

Agro-Economy·Business·News·Nigeria·Top Stories

Worry Grows as Tinubu Extends Ban on Raw Shea Nut Exports

President Bola Tinubu has extended the ban on exporting raw shea nuts for another year, from 26 February 2026 to 25 February 2027, in a bid to boost local processing and value addition. Nigeria has the largest shea belt in the world,

February 26, 2026

Finance & Economy·News·Nigeria·Top Stories

Tinubu Targets N40.7tn in Tax Revenue for 2026

President Bola Ahmed Tinubu’s administration is aiming to collect N40.7 trillion in revenue for 2026, Executive Chairman of the National Revenue Service (NRS), Zacch Adedeji, told the House of Representatives on Wednesday. The target covers taxes, petroleum earnings, mineral royalties, and other

February 25, 2026

SEDC MD Highlights Commision's Plans To Boost Agricultural Activities In South East

Finance & Economy·News·Nigeria·Top Stories

South East Development Commission Defends ₦140bn Budget Amid Fraud Concerns

The South East Development Commission (SEDC) has defended its proposed ₦140 billion 2026 budget before the Senate, amid warnings that the agency must avoid past mismanagement and alleged siphoning of public funds. The warning came during a budget defence session on Tuesday,

February 25, 2026

Business·News·Oil & Gas·Top Stories

Dangote Refinery to Supply 65m Litres of Petrol Daily, Targets 20m Litres for Export

Nigeria’s fuel supply landscape is set for a major shift as the Dangote Petroleum Refinery & Petrochemicals announced plans to supply over 65 million litres of Premium Motor Spirit (PMS) daily to the domestic market, exceeding current national demand and positioning the

February 25, 2026

Currency·Finance & Economy·News·Nigeria·Top Stories

CBN Rate Cut Signals Growing Confidence in Nigeria’s Economy – FXTM

Analysts say the recent interest rate cut by the Central Bank of Nigeria (CBN) points to improving confidence in Nigeria’s economic outlook, supported by easing inflation and stronger external reserves. Mathew Anthony, a market analyst at FXTM, said the decision to reduce

February 24, 2026

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Oil Production: Nigeria Again Exceeds OPEC Quota In 2025

6 Things Nigerians Should Know About the Current Oil Market Trends

The global oil market is once again at the centre

Nigeria Cooking Gas Price Jumps 40% Amid Us, Iran Crisis

Cooking gas prices in Nigeria have jumped about 40 percent

Dangote Cement Records 20% Increase in 2025 Revenue

Dangote Cement Plc reported a 20.3 percent rise in revenue

Aston Martin to Cut 20% of Workforce Over Rising Losses

British luxury carmaker Aston Martin has announced plans to reduce

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Finance & Economy - Page 4

Dangote Refinery Cuts Petrol Price by ₦100, Diesel by ₦190

Nigeria, AFC Sign $1.3 Billion Deal to Transform Mining Sector

Tinubu Envisages Lebara to Transform Nigeria’s Digital Space, Create Jobs

Nigeria Ports See Strong Flow of Food, Fuel Imports Amid Ongoing Price Pressures

Nigeria’s GDP Grows by 4.07% in Q4 2025 – NBS

Tinubu’s Oil Revenue Clampdown Stirs Relief at FAAC, Anxiety Inside NNPC

Worry Grows as Tinubu Extends Ban on Raw Shea Nut Exports

Tinubu Targets N40.7tn in Tax Revenue for 2026

South East Development Commission Defends ₦140bn Budget Amid Fraud Concerns

Dangote Refinery to Supply 65m Litres of Petrol Daily, Targets 20m Litres for Export

CBN Rate Cut Signals Growing Confidence in Nigeria’s Economy – FXTM

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Nigeria Cooking Gas Price Jumps 40% Amid Us, Iran Crisis

Dangote Cement Records 20% Increase in 2025 Revenue

Aston Martin to Cut 20% of Workforce Over Rising Losses

Use of ‘Jaanbaz’ by Iranian State TV Fuels Speculation Over Possible Injury to Mojtaba Khamenei

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Finance & Economy - Page 4

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