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Nigerian Economy

Three Years After Subsidy Removal: The Bill So Far, and What You’re Voting On

Three Years After Subsidy Removal: The Bill So Far, and What You’re Voting On

October 21, 2026
Featured/National/News & Developments

Three years after "subsidy is gone", the government has its savings, the poor are still paying, and on 16 January you get

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Nigeria’s Interest Bill Topped Its Revenue, World Bank Says

Nigeria’s Interest Bill Topped Its Revenue, World Bank Says

October 19, 2026
Featured/National/News & Developments

Nigeria’s federal government paid ₦7.7 trillion in interest in the first half of 2026 after collecting ₦6.2 trillion in revenue. That is

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Dangote Refinery Extends $1.6 Billion IPO Deadline to October 27

Dangote Refinery Extends $1.6 Billion IPO Deadline to October 27

October 13, 2026
Featured/News & Developments

While the $1.6 billion target is heavily oversubscribed, the two-week extension aims to allow more individual African investors to buy a stake.

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FG Slashes Petrol Price for 30 Days and Swears It is Not a Subsidy

FG Slashes Petrol Price for 30 Days and Swears It is Not a Subsidy

October 8, 2026
Featured/National/News & Developments

The Federal Government has announced a 30-day discount on petrol sold at NNPC filling stations, less than three weeks after President Bola

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Moove is Shutting Down in Nigeria and Giving Drivers ₦35 Billion Worth of Cars for Free

Moove is Shutting Down in Nigeria and Giving Drivers ₦35 Billion Worth of Cars for Free

October 8, 2026
Business & Entrepreneurship/Featured/News & Developments/Technology

Moove, the vehicle financing company founded in Lagos in 2020, is shutting down its operations in Nigeria. On its way out, it

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Workers Strike for Relief, the Same Week Soldiers Get an 80% Pay Rise

Workers Strike for Relief, the Same Week Soldiers Get an 80% Pay Rise

October 2, 2026
Featured/National/News & Developments

Nigeria marked its 66th Independence Day with a promise of prosperity. A day later, public offices across the country went quiet. Public

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Nigeria to Phase Out Electricity Subsidies by 2027 to Clear Legacy Debts

September 17, 2026
News & Developments

The federal government will phase out electricity subsidies starting in 2027. This transition aims to clear substantial legacy debts crippling the power

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Inside Dangote Refinery’s $5 Billion ‘People’s IPO’ Plan for October

August 14, 2026
Featured

Dangote Petroleum Refinery is preparing for a massive October initial public offering (IPO) aimed primarily at Nigerian retail investors. Chief Executive Officer

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25 Years, Billions in Fines, and Still Nigeria’s Best Friend? MTN’s Complicated Anniversary

August 12, 2026
Featured/News & Developments/Technology

Twenty-five years ago, a foreign company walked into a country that barely had a functioning phone network and built one from nothing.

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