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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.
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Business · Nairametrics ·
Moove exits Nigeria, gives customers N35 billion worth of cars
Moove has exited Nigeria and given customers cars valued at N35 billion. The headline does not state why the company is leaving or how the vehicles were distributed.
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Business · PM News ·
Nigeria raises oil production to 1.8m bpd
Nigeria has raised oil production to 1.8 million barrels per day, according to the headline. It provides no details about when the increase occurred or what drove it.
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Business · Nairametrics ·
Ghana raises $288 million debt to finance cocoa purchases
Ghana has raised $288 million in debt to finance purchases of cocoa. The headline does not specify the lender, repayment terms, timing, or how the funds will be allocated.
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Business · Nairametrics ·
Lagos targets up to 3,000MW power capacity for Lekki corridor – LASERC
Lagos is targeting power capacity of up to 3,000 megawatts for the Lekki corridor, according to the Lagos State Electricity Regulatory Commission. The headline does not specify a timeline or how the capacity would be delivered.
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Business · Nairametrics ·
President bio and Tony Elumelu rally West African private sector to turn regional potential into investment, industry and jobs
President Bio and businessman Tony Elumelu are urging West Africa’s private sector to help convert the region’s potential into greater investment, industrial activity and job creation. The call highlights the role of businesses in supporting regional economic development.
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Business · Nairametrics ·
Kenyan investors face refunds if Dangote Refinery IPO misses key threshold
Kenyan investors in the planned Dangote Refinery IPO may be entitled to refunds if the offering fails to meet a required threshold. The headline does not specify the threshold or the terms and timing of any refunds.
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Business · Nairametrics ·
Naira extends Bullish streak against British Pound at N1,767/£
The naira extended its bullish run against the British pound, with the exchange rate reaching N1,767 per pound. The headline indicates continued strength in the naira relative to the pound, without providing further details about the timing or factors behind the movement.
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Business · Nairametrics ·
AU cautions AfCRA won’t cut Africa’s borrowing costs immediately
The African Union has cautioned that AfCRA will not immediately reduce borrowing costs across Africa. The headline signals that the agency’s potential impact on financing costs should not be expected to take effect straight away.
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Business · Nairametrics ·
West African crude trades at biggest discount in over a decade
West African crude is trading at its steepest discount in more than a decade, marking an unusually wide price gap. The headline does not specify the benchmark, causes or implications.
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Business · BellaNaija ·From Lagos to Toronto: How Oneremit Is Making Business Payments to Canada Feel Local
BellaNaija highlights how Oneremit is aiming to make business payments between Lagos and Toronto feel local. The headline points to a focus on cross-border transactions and the experience of businesses sending or receiving payments between Nigeria and Canada.
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Business · The Punch ·AEDC targets 100% metering for 1.2m customers
Abuja Electricity Distribution Company (AEDC) is targeting full metering for its 1.2 million customers. The headline does not specify when the company expects to meet this goal or how it plans to achieve it.
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Business · ThisDay ·
Africa Must Have A Say in How Its Minerals Are Priced, Says WiM-Africa
Women in Mining Africa (WiM-Africa) says African countries should have a role in determining the prices of the continent’s minerals. The headline signals a call for greater African influence over mineral pricing, but provides no further details about the proposal or the organisation’s reasons.
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Business · Vanguard ·Emefiele not signatory to withdrawal of N124.86bn from FG’s account – Witness
A witness said Godwin Emefiele was not among the signatories to the withdrawal of N124.86bn from the Federal Government’s account, addressing his role in the transaction.
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Business · Leadership News ·
XEJet Begins Direct Abuja-Gusau Flight Service
XEJet has begun operating a direct flight service between Abuja and Gusau, according to Leadership News. The headline does not specify when the service started, how often flights will operate, or further details about the route.
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Business · ThisDay ·
Cordros Wealth Summit 2026 Redefines Prosperity With ‘Wealth Beyond Money’
Cordros Wealth Summit 2026 presented prosperity as extending beyond financial wealth, with its Wealth Beyond Money theme emphasizing a broader understanding of what it means to build and measure wealth.
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Business · ThisDay ·
XEJet Launches Direct Abuja — Gusau Flight Services
XEJet has launched direct flight services between Abuja and Gusau, establishing an air connection between Nigeria’s capital and the Zamfara State city. The headline does not specify when the service began, how often flights operate, or other details about the new route.
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Business · PM News ·
EFCC re-arraigns 2 men over alleged £110,000, N500m fraud
Nigeria’s EFCC has re-arraigned two men over allegations of fraud involving £110,000 and N500m. The headline provides no further details about the defendants or the proceedings.
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Business · Nairametrics ·
UK-Based Tranzypay Targets Friction in Nigeria’s £7bn GBP Payments Corridor
UK-based Tranzypay is targeting friction in the payments corridor between Nigeria and the UK, which the headline values at £7 billion. The headline does not specify the company’s proposed solutions, the sources of payment delays or costs, or its plans for serving users.
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Business · Nigerian Tribune ·Emefiele: Finance Ministry didn’t query CBN withdrawal of N124.86bn — EFCC witness
An EFCC witness said the Finance Ministry did not query the Central Bank of Nigeria’s withdrawal of N124.86 billion during the period involving former CBN Governor Godwin Emefiele.
Nigerian News
Headlines from across Nigeria, summarised and updated continuously. Tap any headline to read the full story on the source site.