Business

Dangote is considering another mega refinery — this time in Kenya

Dangote is considering another mega refinery — this time in Kenya

As fuel prices remain high across Nigeria and pressure continues to mount on households and businesses, Aliko Dangote’s latest refinery…
From old iron to new money: Nigeria’s scrap trade

From old iron to new money: Nigeria’s scrap trade

A few years ago, scrap collection in Nigeria was mostly dismissed as roadside hustling. Today, it has become one of…
CBN is turning BVN into a stronger identity gate for banking

CBN is turning BVN into a stronger identity gate for banking

Nigeria’s banking system is quietly getting stricter, and this time, the changes are not about new apps or policies people…
Nigeria records strong export growth as non-oil sectors expand

Nigeria records strong export growth as non-oil sectors expand

In the first quarter of 2026, the country recorded a noticeable rise in export activity, with total exports climbing to…
Inside Nigeria’s hidden Cannabis economy

Inside Nigeria’s hidden Cannabis economy

Nigeria keeps chasing cannabis with raids, arrests, and seizures. Yet across farms, highways, and city streets, the trade continues to…
Waltersmith showcases expanded refinery to NCDMB, unveils new growth plans

Waltersmith showcases expanded refinery to NCDMB, unveils new growth plans

Waltersmith has doubled the capacity of its modular refinery in Imo State and announced a fresh expansion drive that includes…
Nigeria’s new import policy is forcing businesses to rethink everything

Nigeria’s new import policy is forcing businesses to rethink everything

Nigeria’s 2026 tariff adjustments are beginning to change how businesses operate, with early signals pointing to a structural move away…
Why data analysis is becoming essential for Nigerian businesses

Why data analysis is becoming essential for Nigerian businesses

There is a point at which many Nigerian businesses have reached where guessing is no longer manageable. You price a…
Nigeria lowers import tariffs on palm oil in new fiscal policy shift

Nigeria lowers import tariffs on palm oil in new fiscal policy shift

The Federal Government has reduced import tariffs on crude palm oil to 28.75 percent from 35 percent, marking a 17…
Funding pressure may force oil firm mergers-Renaissance MD

Funding pressure may force oil firm mergers-Renaissance MD

Nigeria’s indigenous oil and gas sector may be heading toward a period of consolidation, as operators face increasing pressure to…
For every unicorn in Nigeria, there are dozens of startups struggling to stay alive

For every unicorn in Nigeria, there are dozens of startups struggling to stay alive

In Nigeria, the rise of high-profile tech companies has created the impression of a thriving startups economy, yet the data…
NCDMB to host Tony Attah on funding challenges in local content

NCDMB to host Tony Attah on funding challenges in local content

The Nigerian Content Development and Monitoring Board is turning its attention to one of the biggest constraints in Nigeria’s oil…
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