Business

In Nigeria’s fast-evolving economy, starting a business is often seen as a pathway to financial independence. Yet, despite this energy, failure rates remain high. Data from Nigeria’s National Bureau of Statistics shows that over 20% of small businesses fail within their first year, and nearly half do not survive beyond…

Nigeria’s stock exchange has outperformed almost every major market in the world this quarter, and here is everything you need to know. Nigeria’s stock market has delivered one of the most remarkable performances among exchanges worldwide this year, posting a 30% return in the first quarter of 2026 and firmly…

A new report by BudgIT has raised fresh concerns about transparency at the grassroots, revealing that only 10 states in Nigeria currently publish annual Local Government Area budgets online for public access. In a country with 774 local government areas, the finding points to a serious accountability gap in the…

The Dangote Petroleum Refinery has exported 456,000 tonnes of refined petroleum products to several African countries, marking a major step in Nigeria’s emergence as a continental fuel supplier. Quick Facts Refinery: Dangote Petroleum Refinery, Nigeria Total exports: 456,000 tonnes across 12 shipments Destination countries: Côte d’Ivoire, Cameroon, Tanzania, Ghana, and…

The Naira started the new week on a calm note against the US Dollar, as the effects of recent Central Bank of Nigeria (CBN) policy changes continue to play out in both the official and street markets. Official Market In the official market, the Naira opened trading today at roughly…