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Economy
SEC Approves Dangote Refinery IPO to Raise N2.15tn
The Securities and Exchange Commission (SEC) has approved the proposed Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals FZE, paving the way for the company to…
When Beans Become a Luxury: Lagos Families Cut Back as Prices Soar
Beans, once regarded as one of Nigeria’s most affordable sources of protein, is increasingly becoming a luxury for many households in Lagos as prices surge and consumers are forced to…
Tomato Prices Soar as Food Costs Climb Across Nigeria in May
Nigerian households faced renewed pressure on their food budgets in May 2026 as the prices of several staple food items, including tomatoes, onions, ginger, beans and garri, recorded…
Price Wars, Refinery Shake-Up and Survival: How TotalEnergies Navigated a Turbulent…
For decades, Nigeria’s downstream petroleum sector operated within familiar patterns. Marketers competed for market share, supply chains followed established routes, and industry players…
Eid-el-Kabir Shock: Tomato Prices Hit N130,000 Per Basket in Minna Markets
The prices of vegetables have surged sharply in Minna markets ahead of the Eid-el-Kabir celebration, making it increasingly difficult for many households to afford essential…
Global Stocks Rise as Oil, Dollar Fall on Hopes of Iran Peace Deal
Global markets rallied on Monday as hopes for a possible peace agreement between the United States and Iran boosted investor confidence, sending stock futures higher while oil prices and the…
Soaring Meat Prices Worsen Cost of Living for Lagos Residents
Residents of Lagos have expressed concern over the continuous increase in the price of meat, saying the rising cost is making protein unaffordable for many households.
The residents, who…
Mixed Reviews Trail Edun’s Exit as Experts Set Agenda for New Finance Minister…
Economic experts have delivered a balanced verdict on the tenure of former Minister of Finance and Coordinating Minister of the Economy, Wale Edun, while outlining key priorities for his…
Soludo, Flutterwave Partner to Boost Anambra’s Digital Economy
The Anambra State Government has entered into a partnership with Flutterwave, a payments technology company, to expand its digital economy framework, with a focus on scaling e-commerce…
Okonjo-Iweala urges Nigeria to champion Single African Air Transport Market creation
The Director-General of the World Trade Organisation (WTO), Mrs Ngozi Okonjo-Iweala, has called on Nigeria to champion the Single African Air Transport Market (SAATM) initiative.…