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September 18, 2026 - 2:56 AM

Business

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Nigeria’s Energy Inflation Rises To 4.69% In August

Nigeria’s energy inflation rate jumped to 4.69% in August 2026 from 4.40% in July, ending the decline that was recorded in the previous month.   The...

Investors Gain N1.1tr In Three Days As Stocks Rise Despite Dangote IPO

Investors in the Nigerian equity market added N1.1 trillion in three-day trading despite the hostile Dangote Petroleum Refinery’s initial public offering.   The market value increased...

Naira Stays Near N1,329/$ For Four Straight Sessions

The naira has largely been stable around N1,329/$ for four days in a row, the longest time since July 2025.   The Nigerian Foreign Exchange Market...

Nigeria, India Commit to Deepening Strategic Economic Relations and Renewed Crude Oil Trade

Nigeria and India have agreed to deepen their strategic economic relationship, with India seeking renewed purchases of Nigerian crude oil as both countries move...

FG, States, LGs Get N2.338tn as Statutory Revenue Falls by N1.5tn

The Federal Government, states and local government councils have shared N2.338 trillion in revenue for August 2026, following a sharp drop in statutory earnings...

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