Cooking Gas Price May Hit N2,000 Per kg on Supply Crisis
Energy marketers warn cooking gas price could rise to N2,000/kg amid shrinking LPG stocks. NMDPRA says Nigeria has only 13 days of LPG sufficiency.
Category : Business
OECD Backs Tinubu's Reforms, Seeks Deeper Nigeria Ties
OECD supports President Tinubu's economic reforms, pledging closer cooperation to boost investor confidence and unlock long-term capital inflows for Nigeria.
ChatGPT's Top Nigerian Stocks Under ₦1,000
I asked ChatGPT to recommend Nigerian stocks under ₦1,000. Here are 8 picks including GTCO, Zenith Bank, MTN Nigeria, and BUA Cement, with current prices and insights.
DIAN Launches Strategy to Boost Local Defence Production
The Defence Industries Association of Nigeria unveils a strategy to boost local military equipment production, aiming to end import dependence and strengthen national security.
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China, Nigeria Boost Tourism Ties for Economic Growth
China and Nigeria renew commitments to deepen tourism and cultural exchange, aiming to boost economic growth through the creative and tourism sectors.
PINL links Nigeria oil/gas output rise to surveillance and community
Pipeline Infrastructure Nigeria Limited (PINL) credits surveillance firms, communities, and stakeholders for Nigeria's increased oil and gas production, citing economic benefits and reduced vandalism.
Oyo Targets N500 Billion Annual Tourism Revenue in 25 Years
Oyo State unveils a 25-year Tourism Master Plan aiming to generate N250-N500 billion annually within 25 years, boosting IGR and diversifying the economy.
3MTT Partners Hello.cv to Showcase Nigerian Tech Talent Globally
Nigeria's 3MTT programme partners with Hello.cv in a $10M+ deal to connect 20,000 fellows with global recruiters via AI-powered profiles.
Lagos Targets N16.14tn Food Economy with Infrastructure
Lagos State unveils major infrastructure reforms to transform its N16.14 trillion food economy, including a mega food logistics hub in Epe and a N500 billion Offtake Guarantee Fund.
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Kogi Governor Urged to Fix Kabba Road
A Kogi native appeals to Governor Ododo to urgently rehabilitate Ikowa Opa Road in Kabba, citing deplorable conditions and negative impacts on residents, students, and farmers.
How Nigerian Businesses Lose Money When Invisible Online
Nigerian businesses lose customers daily because they are not found online. WETINUNEED offers a one-platform solution to list, manage, and promote your business for just ₦9,900/year.
Nigeria Inflation Hits 15.69% in April 2026
Nigeria's headline inflation rose to 15.69% in April 2026, up from 15.38% in March, but lower than 26.82% a year ago. Month-on-month inflation slowed to 2.13%.
LG Promotes Energy-Saving Refrigerators in Nigeria
LG highlights inverter refrigerators to help Nigerian households reduce electricity bills and food spoilage amid rising costs and inflation.
Inflation Hits 15.69% in April 2026: NBS
The National Bureau of Statistics reports Nigeria's headline inflation rose to 15.69% in April 2026, with food inflation at 16.06% year-on-year.
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Dangote Shuts Two Firms Over FX Challenges
Billionaire Aliko Dangote reveals he closed his flour and textile businesses due to foreign exchange instability, as the group shifts to dollar-based revenue.
N170bn Lost as Mid-Cap Selloff Hits Nigerian Stock Market
Nigeria's stock market dropped N170 billion on Thursday as profit-taking in mid-cap stocks dragged the All-Share Index down 0.10% to 252,243.11 points.
Dangote Refinery Petrol Price Adjustments in 2026: 6 Hikes, 3 Cuts
Fresh data shows Dangote Refinery adjusted petrol prices nine times in early 2026, with six hikes and three cuts, reflecting market volatility and global oil trends.
Nigeria Finance Leaders Misunderstand Value Creation
At the NOLT Summit, finance leaders debated how to create lasting value in Nigeria's volatile economy, with experts arguing that volatility is not the enemy but outdated assumptions are.
Tinubu Says Lagos Is Africa's Fifth Largest Economy
President Tinubu praises his legacy in Lagos, stating the state is now Africa's fifth largest economy, and defends his tax reforms.
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Rising Temperatures Boost Indoor Entertainment Growth
Experts link rising global temperatures to a surge in indoor entertainment, projecting a 6-12% CAGR and $100 billion industry by 2032 as heat drives activities indoors.
BUA Chief Urges Africa to Stop Exporting Raw Materials
Abdul Samad Rabiu of BUA Group urges African nations to add value to natural resources, citing loss of jobs and economic potential from raw exports.
Airtel Nigeria Recruits Experienced Professionals for Multiple Roles
Airtel Nigeria announces job vacancies for experienced professionals with at least 8 years of experience in telecom, sales, finance, and enterprise business. Apply by May 18.
Istanbul Vita: Best Afro Hair Transplant Clinic 2026
Istanbul Vita Clinic is recognized as the top hair transplant clinic in Turkey for 2026, specializing in Afro-textured hair with advanced techniques like Afro Technique.
Dangote reveals why he abandoned Arsenal purchase plan
Africa's richest man Aliko Dangote explains he prioritized his refinery and fertilizer projects over acquiring Arsenal, now worth billions.
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Aliko Dangote Explains Why He Turned Down Arsenal Purchase
Africa's richest man Aliko Dangote explains why he prioritized completing his refinery over buying Arsenal, now too expensive to acquire.
Dangote Exposes Oil Mafia Fighting His Refinery Project
Aliko Dangote reveals how powerful fuel subsidy beneficiaries tried to block his $20 billion refinery, which is now reducing Nigeria's fuel imports.
SWDC Gets Rail Licence for Economic Growth
The South West Development Commission has secured a provisional rail operating licence from the NRC to boost regional connectivity and economic transformation across the Southwest.
Petrol Depot Prices Rise as Global Crude Oil Costs Surge
Depot operators like AP and MRS hike petrol prices to N1,280-N1,290/litre due to global crude volatility, triggering pump price increases and straining Nigerian households.
Maxitech Global Powers Nigeria's Digital Growth with Hardware
Maxitech Global Investment Limited bridges the hardware gap in Nigeria's digital transformation, distributing over 100,000 devices and partnering with global tech manufacturers.
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Naira Falls as CBN Releases New Exchange Rates
The Nigerian naira declined at the official forex market as reduced dollar turnover signals tight liquidity. Businesses face higher costs amid ongoing CBN reforms.
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