Business
Banks flagged 42,082 suspicious transactions to NFIU in 2025
August 17, 2026
Banks flagged 42,082 suspicious transactions to NFIU in 2025
Every day, millions of naira move through Nigeria’s banking and financial system. Most of those transactions are ordinary: salaries are…
NSDC secures over US$1bn commitment to reduce Nigeria’s sugar imports
August 17, 2026
NSDC secures over US$1bn commitment to reduce Nigeria’s sugar imports
The National Sugar Development Council (NSDC) has secured investment commitments worth more than US$1 billion in a renewed push to…
Nigeria seeks capital to bridge US$200bn gas infrastructure gap
August 13, 2026
Nigeria seeks capital to bridge US$200bn gas infrastructure gap
Nigeria is seeking more private and international capital for gas infrastructure as it looks to address a funding shortfall that…
Nigeria is attracting investors while Africa loses ground
August 10, 2026
Nigeria is attracting investors while Africa loses ground
While much of Africa was taking a step back on foreign investment last year, Nigeria went in the opposite direction.…
NNPC is changing. What does this mean for Nigeria’s oil industry?
August 10, 2026
NNPC is changing. What does this mean for Nigeria’s oil industry?
Nigeria has been talking about listing its national oil company for nearly a decade. The idea first appeared in government…
The businesses powering Nigeria’s digital economy
August 3, 2026
The businesses powering Nigeria’s digital economy
For many Nigerians, the phrase “digital economy” brings one thing to mind: fintech. It is an understandable assumption. Mobile banking,…
Why crude oil is still Nigeria’s biggest business
August 3, 2026
Why crude oil is still Nigeria’s biggest business
When Nigeria needs to earn big from the global market, it still turns to one product: crude oil. That is…
NCDMB, BOI unveil US$100m equity fund for indigenous oil firms
August 3, 2026
NCDMB, BOI unveil US$100m equity fund for indigenous oil firms
For years, many indigenous oil and gas companies have struggled to expand, not because they lacked viable businesses, but because…
Nigeria’s import list is quietly getting shorter
July 28, 2026
Nigeria’s import list is quietly getting shorter
For a long time, Nigeria had an expensive habit. The country exported crude oil but imported the petrol used to…
Nigeria’s abandoned oil wells may have one more job to do
July 27, 2026
Nigeria’s abandoned oil wells may have one more job to do
An oil well story in Nigeria usually ends when the oil stops flowing. Once production declined, many were sealed, others…
US$50m Brentex facility aims to keep more energy projects in Nigeria
July 27, 2026
US$50m Brentex facility aims to keep more energy projects in Nigeria
Nigeria’s push to keep more value from its oil and gas industry has received another boost with the development of…
NCDMB launches digital certification for oil and gas training providers
July 23, 2026
NCDMB launches digital certification for oil and gas training providers
The Nigerian Content Development and Monitoring Board (NCDMB) will officially launch the Nigerian Content Trainers’ Registration Certificate (NCTRC) on Monday,…