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Business · Vanguard ·
AELEX plays key role in Dangote Refinery’s $1.5bn IPO
AELEX played a key role in the planned $1.5 billion initial public offering by Dangote Refinery, according to Vanguard. The headline does not specify the firm’s responsibilities, the timing of the IPO or further details about the offering.
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Business · Nigerian Tribune ·
N7.2tn profit: NNPC’s new drive for global competitiveness
Nigerian Tribune reports on the Nigerian National Petroleum Company’s new push to improve its global competitiveness, against the backdrop of a reported N7.2 trillion profit. The headline does not specify the measures involved or the period covered by the profit figure.
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Business · BusinessDay ·
AfCRA must set African standards for credit ratings — Afreximbank
The headline reports Afreximbank’s position that AfCRA must establish African standards for credit ratings, but provides no further details on the proposed standards or their implementation.
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Business · Nigerian Tribune ·
NADF receives Takaful surplus from Jaiz Insurance
Jaiz Insurance has transferred a Takaful surplus to the Nigerian Agricultural Development Fund (NADF). The headline does not specify the amount, the period covered or how the fund plans to use the proceeds.
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Business · PM News ·
FAAN to close Owerri airport runway for repairs
The Federal Airports Authority of Nigeria (FAAN) plans to close the runway at Owerri airport for repairs. The headline does not specify when the closure will begin, how long it will last or what repair work will be carried out.
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Business · Leadership News ·
Petrol Discount Will Ease Transport, Food Costs, Says PETROAN
PETROAN says a petrol discount is expected to help reduce transport and food costs. The association linked the proposed relief at the pump with lower expenses for commuters and the movement of goods, which could ease pressure on food prices.
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Business · Leadership News ·
Retiree Laments Inflation As 2004 Gratuity Is Paid 22 Years Later
A retiree has lamented the impact of inflation after receiving a gratuity dating back to 2004, paid 22 years later. The headline highlights the long delay between the benefit becoming due and its payment, and the loss of purchasing power over that period.
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Business · Daily Post ·
Dollar to Naira exchange rate today, October 8, 2026: Naira extends depreciation against USD
Daily Post reports on the dollar-to-naira exchange rate for October 8, 2026, noting that the naira continued to depreciate against the US dollar. The headline does not specify the exchange rate or explain the reasons for the decline.
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Business · Channels TV ·
Oil Surges, Stocks Sink On Jitters Over US Plans In Iran War
Oil prices rose while stocks declined as markets reacted to uncertainty over US plans in the war involving Iran. The headline points to investor jitters about the possible direction of US action, though it does not specify the plans or the scale of the market moves.
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Business · Daily Trust ·
30-day fuel discount: Abandon your insensitive policies, NLC tells FG
The Nigeria Labour Congress has told the Federal Government to abandon what it described as insensitive policies, in the context of a 30-day fuel discount. The headline does not specify which policies the union is challenging or provide further details about the discount.
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Business · Channels TV ·
Petrol Discount: Welcome Relief Or Another Short-Lived Promise?
The headline examines whether a petrol discount will provide meaningful relief to consumers or prove temporary. It raises questions about the discount’s likely impact and how long any benefit may last.
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Business · Daily Trust ·
FAAN to shut down Owerri airport for 25 days
The Federal Airports Authority of Nigeria (FAAN) is set to shut down Owerri airport for 25 days. The headline does not specify when the closure will begin or why it is planned.
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Business · Daily Trust ·
FG: Nigeria’s economy now on stronger footing
The Federal Government says Nigeria’s economy is now on a stronger footing, indicating its assessment that economic conditions have improved. The headline does not specify which indicators or developments underpin that view.
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Business · Vanguard ·
NNPC discount measure for petrol pump price has Tinubu’s backing – Presidency
The Presidency says President Bola Tinubu supports an NNPC measure to provide a discount on petrol pump prices. The headline does not specify the size of the discount, when it would take effect or how the measure would be implemented.
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Business · Vanguard ·
NDIC pays N1.48bn to 10,312 depositors of 47 closed MFBs
The Nigeria Deposit Insurance Corporation has paid N1.48 billion to 10,312 depositors affected by the closure of 47 microfinance banks. The payment covers depositors across the closed institutions, according to the headline.
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Business · Premium Times ·
Abiodun approves J4-Gao Road, sets November for Deep Sea port ground breaking
Abiodun has approved the J4-Gao Road project and set November as the date for the groundbreaking of a deep-sea port, according to the headline.
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Business · Premium Times ·
Fuel subsidy would cost Nigeria over N20trn yearly — Minister
A minister said fuel subsidy would cost Nigeria more than N20 trillion each year, highlighting the scale of the expense associated with maintaining the subsidy.
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Business · Nairametrics ·
NGX sell-off wipes N1.33 trillion from investors’ wealth in one day
A sharp sell-off on the Nigerian Exchange reduced investors’ wealth by N1.33 trillion in a single day. The headline reports the scale and timing of the market loss but does not identify the factors behind the decline or the shares most affected.
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Business · Daily Trust ·
FG working to bring down inflation, says Presidency
The Presidency says the Federal Government is working to bring inflation down. The headline does not specify what measures are being pursued or when the government expects prices to ease.
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Business · PM News ·
Land title scandal: CFL Group gives Lagos Registry seven-day to act or face N5bn suit
CFL Group has given the Lagos Registry seven days to act in connection with a land title scandal, warning that it may file a N5 billion lawsuit if the registry does not respond within that period.