Dangote Refinery Slashes Cooking Gas Price to N760/kg

Nigeria's cooking gas prices have fallen significantly, with Dangote Refinery reducing its ex-depot rate to N760 per kilogram. Improved forex stability and local production are driving the downward trend, offering relief to households.

Nigeria's Power Generators: Unpaid Bills Hit N6 Trillion

Power generation companies in Nigeria reveal unpaid electricity invoices have reached N6 trillion, attributing it to revenue shortfalls and weak remittances. The Association of Power Generation Companies rejects Nigeria Labour Congress allegations of exto

Nigeria Rises to Third-Largest World Bank Borrower

Nigeria's debt to the World Bank's International Development Association surged to $18.7 billion, marking an 11.3% annual increase and raising concerns over fiscal sustainability and revenue management.

Nigeria Mandates E-Invoicing for Large Businesses

Nigeria Revenue Service enforces mandatory electronic invoicing for large businesses, with MTN Nigeria as the first to comply. The system aims to enhance tax compliance and digital administration.

CFG Africa Forum Promotes Ethical Investment in Nigeria

CFG Africa's dual-city investment forum highlighted non-interest finance as a strategic hedge against market volatility, with experts showcasing strong returns and advocating for policy shifts to boost economic stability.

Unity-Providus Merger Surpasses CBN N200bn Capital Benchmark

The proposed merger between Unity Bank and Providus Bank has successfully exceeded the Central Bank of Nigeria's N200 billion minimum capital requirement for national banking licenses. Regulatory approvals and shareholder support have positioned the combi

NDDC CNG Training for 400 Youths in Niger Delta

The Niger Delta Development Commission has initiated a six-week CNG conversion training programme for 400 youths, aiming to equip them with skills for Nigeria's clean energy sector and reduce unemployment.

Rabiu's Wealth Hits $12.3bn as BUA Stocks Surge on NGX

Nigerian billionaire Abdulsamad Rabiu's net worth surged to $12.3 billion on February 18, 2026, driven by gains in BUA Cement and BUA Foods on the Nigerian Exchange. His wealth increased by $915 million in a single day, with year-to-date gains of $2.13 bi

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