ECONOMY

Louisa Olaniyi Business Network > Blog > ECONOMY

July 14, 2026
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Business, ECONOMY

Dangote Stops Naira Petrol Sales, Unveils Dollar Prices

Dangote Petroleum Refinery has transitioned to dollar-denominated sales of refined petroleum products, fixing the ex-depot price of Premium Motor Spirit, commonly known as petrol, at $0.779 per litre. The...

July 7, 2026
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Business, ECONOMY, News

Dangote Exports N757bn Jet Fuel to Europe, Surpasses US

Dangote Petroleum Refinery exported approximately 466,000 metric tonnes of jet fuel to Europe in June, with the shipment estimated to be worth about N757 billion. The volume surpassed jet...

June 29, 2026
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ECONOMY, News

Nigerian Navy recovers 22,870 litres of illegally refined AGO in Rivers State

Acting under Operation DELTA SENTINEL, the Navy sustained its operational momentum against crude oil theft with yet another successful mission, disrupting the movement of illegally refined petroleum products through...

June 25, 2026
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ECONOMY, News

CBN Data Shows N17.4tn Rise in Federal Government Borrowing

Fresh data released by the Central Bank of Nigeria (CBN) has shown a sharp increase in credit extended to the Federal Government over the 12 months ending in May...

African-Centric AI, Better Infrastructure Essential for Digital Growth – WATISE 4.0 Stakeholders Outline Path to AI Adoption, Financial Inclusion at WATISE 4.0

June 20, 2026
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Africa, ECONOMY, News, Technology

WATISE 4.0 Panelists Urge African-Centric AI, Stronger Infrastructure and Telecom-Led Financial Inclusion

Industry leaders at the fourth edition of the West Africa Telecoms Infrastructure Summit and Exhibition (WATISE 4.0) have called for increased investment in digital infrastructure, homegrown artificial intelligence (AI)...

June 18, 2026
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ECONOMY, News, SECURITY

Ban on Mass Motorcycle Movement Called for, Amid Rising Security Concerns

Motorcycles remain a vital means of transportation in many countries where they are permitted, and in Nigeria, popularly known as Okada, they play an important role in moving people...

June 17, 2026
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ECONOMY, News, Technology

Is the Era of the POS Operator Coming to an End?

Step outside your home in Lagos, Kano, or Port Harcourt, and walk twenty meters. Under a frayed umbrella, seated on a plastic chair with a small banner, you will...

Structured Savings vs. Idle Cash: Why Purpose Matters

June 12, 2026
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finance, ECONOMY, News

How a Regular Savings Culture Can Support Long-Term Financial Stability

In today’s volatile economic climate, saving money is no longer just a prudent habit, it is a strategic necessity. The constantly rising living costs, inflationary pressures, and currency fluctuations...

June 11, 2026
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ECONOMY, News

Lagos at the Centre of Nigeria’s Growth Story

The latest Phillips Consulting State Performance Index places Lagos at the summit of Nigeria’s state rankings, reaffirming the state’s position as the country’s most competitive economy and a leading...

June 10, 2026
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ECONOMY, Lagos state, News

Sanwo-Olu, Hamzat, Policymakers Lead Drive for Investments in Lagos

The Lagos State Government on Tuesday reinforced its ambition to become Africa’s leading destination for investment, innovation and enterprise, unveiling new opportunities across infrastructure, tourism, creative economy and financial...