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September 19, 2026 - 2:29 PM

Business

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Dangote Reveals Who Could Eventually Take Over His Business Empire

Aliko Dangote has said having a son to inherit his business empire is not a priority, insisting that his three daughters are capable of...

Food Inflation Remains High At 19.57% Despite Easing Pressure

Nigeria’s food inflation rate was 19.57% year-on-year (YoY) as of August 2026, down from a huge jump in the previous month.   The consumer price index...

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...

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...

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...

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