Business
Nigeria now keeps 61% of oil industry spending at home
July 22, 2026
Nigeria now keeps 61% of oil industry spending at home
When Nigeria passed its Local Content Act in 2010, less than five percent of activities in the country’s gas and…
Nigeria awards 37 oil blocks as investors face 90-day deadline
July 22, 2026
Nigeria awards 37 oil blocks as investors face 90-day deadline
Winning oil blocks is only the first hurdle for the 31 companies selected under Nigeria’s 2025 Licensing Round. The Nigerian…
Nigeria’s new e-invoicing rules: What large firms should expect
July 20, 2026
Nigeria’s new e-invoicing rules: What large firms should expect
For businesses with an annual gross turnover of five billion naira or more, July 31 is more than another compliance…
Petrol imports are falling. Cooking gas is telling a different story
July 20, 2026
Petrol imports are falling. Cooking gas is telling a different story
Nigeria’s energy story appears to be moving in two different directions. On one side, the country’s dependence on imported petrol…
Can e-waste become Nigeria’s next recycling boom?
July 13, 2026
Can e-waste become Nigeria’s next recycling boom?
A cracked smartphone or an outdated laptop does not usually look like a business opportunity. These devices usually end up…
NCDMB moves to audit oil and gas suppliers
July 7, 2026
NCDMB moves to audit oil and gas suppliers
Nigeria’s oil and gas regulators are preparing to conduct a joint audit of local manufacturers and service providers in a…
Businesses stay optimistic, but rising costs continue to slow growth
July 6, 2026
Businesses stay optimistic, but rising costs continue to slow growth
Nigeria’s private sector continued to grow in June, but businesses are finding it increasingly difficult to sustain momentum as high…
What Dangote’s jet fuel exports to Europe mean for Nigeria’s economy
July 6, 2026
What Dangote’s jet fuel exports to Europe mean for Nigeria’s economy
Nigeria’s rise as Europe’s largest external supplier of jet fuel is more than a milestone for the Dangote Petroleum Refinery.…
The race to replace imports: Manufacturers are sourcing locally
July 6, 2026
The race to replace imports: Manufacturers are sourcing locally
Not long ago, it was normal for Nigerian manufacturers to look overseas whenever they needed raw materials. Whether it was…
FCCPC vs petrol marketers: Why fuel prices remain a concern
June 29, 2026
FCCPC vs petrol marketers: Why fuel prices remain a concern
For millions of Nigerians, the price of petrol shapes almost every aspect of daily life. It determines transport fares, influences…
What e-invoicing deadline means for Nigerian businesses
June 29, 2026
What e-invoicing deadline means for Nigerian businesses
For many Nigerian businesses, issuing an invoice has long been a straightforward process. A company sells a product or service,…
NCDMB, NLNG celebrate Train 7 milestone as project creates 16,000 jobs
June 24, 2026
NCDMB, NLNG celebrate Train 7 milestone as project creates 16,000 jobs
Nigeria’s biggest gas expansion project is entering its final stretch, with NLNG confirming that construction of its Train 7 facility…