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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.
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Business · Nairametrics ·
African startups raise $260.3 million as top 10 account for 85.5% in September 2026
African startups raised a combined $260.3 million in September 2026, with the top 10 recipients accounting for 85.5% of the total. The figures indicate that most of the funding was concentrated among a small group of companies.
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Business · PM News ·
Oyedele: Return of fuel subsidy will cost Nigeria N20trn annually, destabilise economy
Oyedele warned that restoring the fuel subsidy would cost Nigeria N20 trillion annually and could destabilise the economy. The headline frames the potential financial burden and economic risk associated with a return to the subsidy.
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Business · PM News ·
FG announces 30-day petrol discount for public transporters
The Federal Government has announced a petrol discount for public transporters that will last 30 days. The headline does not specify the discount amount, when it will take effect or which transport operators are eligible.
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Business · Nairametrics ·
J.P. Morgan to launch merchant bank in Nigeria before year-end
J.P. Morgan is set to launch a merchant bank in Nigeria before the end of the year. The headline does not specify the bank’s planned services, exact launch date or other operational details.
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Business · PM News ·
Periwinkle Empire unveils plans for iconic Abuja luxury tower
Periwinkle Empire has announced plans for a luxury tower in Abuja, presenting the project as an iconic development. The headline does not provide details about the tower’s location, design, cost, timeline or intended uses.
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Business · Nairametrics ·
FG announces 30-day discount window on petrol sold by NNPC
The Federal Government has announced a 30-day discount window for petrol sold by the Nigerian National Petroleum Company Limited (NNPC). The headline does not specify the discount amount, when the window begins, which outlets are included or who is eligible.
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Business · Nairametrics ·
Dangote’s NGX wealth surges by N1.47 trillion in Q3 2026 as cement stock rallies
Dangote’s NGX-listed wealth rose by N1.47 trillion in the third quarter of 2026 as a cement stock rallied. The headline links the increase to the stock’s performance but does not specify further details about the valuation or the shares involved.
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Business · Nairametrics ·
NUPRC: 2025 oil licensing round could add 500 million barrels to Nigeria’s reserves
The NUPRC says Nigeria’s 2025 oil licensing round could add 500 million barrels to the country’s reserves. The estimate links the potential increase to the licensing round, though the headline does not provide further details.
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Business · Daily Trust ·
FG reveals plan to make Nigerians enjoy cheaper fuel for one month
The Federal Government has revealed a plan aimed at enabling Nigerians to buy fuel at a lower price for one month. The headline does not specify how the plan would work or when it would take effect.
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Business · PM News ·
Abiodun approves J4-Gao Road, sets November for Deep Sea Port groundbreaking
Governor Abiodun has approved the J4-Gao Road project and scheduled the groundbreaking for a Deep Sea Port for November. The headline provides no further details about the projects.
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Business · Nairametrics ·
Cardoso courts Asia as CBN pushes deeper, more liquid markets
CBN Governor Olayemi Cardoso is engaging with Asia as the Central Bank of Nigeria seeks to develop deeper, more liquid markets. The headline points to efforts to expand market depth and liquidity but does not specify the countries, financial instruments or measures involved.
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Business · Nairametrics ·
Nigerian content in oil sector rises from 5% to 61% in 16 years— NCDMB
The Nigerian Content Development and Monitoring Board says Nigerian content in the oil sector increased from 5% to 61% over 16 years, reflecting a substantial rise in local participation.