…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.Nigerians have been given an opportunity to buy petrol at a N66 discount per litre as the Nigerian National Petroleum Company Limited (NNPCL) retail rolls out a special promotion to…

…Dave Ibemere has experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.Ecobank Nigeria Limited has cut interest rates on its naira savings products, citing the Central Bank of Nigeria's recent adjustment of the Monetary Policy Rate (MPR) as the reason for…

…described as the administration's efforts to fix longstanding structural problems in the Nigerian economy.PAY ATTENTION: From breaking news to viral moments. Follow Legit.ng on Instagram!Oriri pointed specifically to the removal of the fuel subsidy, foreign exchange reforms, and ongoing fiscal and tax adjustments as bo…

…millions of Nigerians, particularly youths, and should be formally integrated into the Nigerian economy. “We want the Federal Government to come in and formalise the sector and collaborate with us. The government should also provide intervention funds to scrap traders so that indigenous Nigerians can establish companie…

…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.Nigeria's telecoms sector is gaining a new operator after Swift Telephone Network Limited (STN) received a Unified Access Service Licence (UASL) from the federal government, giving…

…challenges through reforms, despite the hardship they initially caused. He likened the Nigerian economy before the reforms to a patient diagnosed with cancer, saying previous administrations had treated the symptoms rather than addressing the underlying problems. “By 2023, poverty was rising, and hope was nearly gone.…

…organisations and multilateral institutions had also recognised the changes in the Nigerian economy. “These are not idle claims. International observers, journalists, NGOs and multilateral institutions can see the change. Each has concluded that our reforms have strengthened Nigeria’s economic stability and resilience,…

…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.Nigeria's external debt has grown by $11.36 billion since President Bola Tinubu took office in May 2023, driven by increased borrowing from multilateral lenders, international bond…

…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.Asiko Energy Holdings Limited has completed a 5,000-metric-tonne Liquefied Petroleum Gas (LPG) and propane terminal in Ijora, Lagos, with the company saying the facility will help i…

…plan for every major borrowing, because the repayment burden ultimately falls on the Nigerian economy and future generations,” he said. Oyedokun maintained that the central issue in Nigeria’s debt debate was not merely the size of the country’s borrowing but the purpose and impact of such borrowing. “The concern is not…

…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.The Federal High Court in Nasarawa has convicted 21 companies for operating investment schemes without the required approval from the Securities and Exchange Commission (SEC).Justic…

…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.OPay has publicly rejected a viral social media claim suggesting the fintech company had stopped using customers' phone numbers as wallet account numbers, calling the information fa…

…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.The Federal High Court in Abuja has ruled that the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) must continue issuing petroleum products import licences…

…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.Fidelity Bank Plc has promoted 433 of its staff under the 2026 Promotion and Notch Award Exercise, covering roughly 13% of its total workforce, as Nigerian banks step up efforts to…

…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.Nigerian fuel depot owners could face renewed pressure to raise petrol and diesel prices after international crude oil prices climbed back above $107 per barrel on Monday, September…

…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.Nigeria's 36 states and the Federal Capital Territory (FCT) owed a combined domestic debt of N4.59 trillion as of June 30, 2026, according to data released by the Debt Management Of…

…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.Petrol prices across Nigeria have climbed sharply after Dangote Petroleum Refinery raised its wholesale gantry price from N1,265 to N1,350 per litre, pushing pump prices at major fi…

…has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.Nigeria's cost of importing petrol has climbed to N1,314.67 per litre, according to the latest figures from the Major Energies Marketers Association of Nigeria (MEMAN), as rising global…

…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.The Nigerian naira recorded gains against the British pound, the US dollar, and the euro in the official foreign exchange market on Wednesday, September 2, 2026, continuing a run of…

…issue. He, however, maintained that the removal of the subsidy was necessary to save the Nigerian economy, stressing the need for political leaders to prioritise the country’s long-term interests over electoral considerations. The Chairman of the occasion, former Minister of Information and Culture, Lai Mohammed, said…

…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.Nigerian motorists are bracing for further increases at the pump after Brent crude oil crossed $95 per barrel, driven by military escalations around the Strait of Hormuz, one of the…

…who spoke in an interview with DAILY POST, said the growth was evidence that the Nigerian economy was gaining momentum, particularly as the services and agricultural sectors led the expansion. However, he noted that the growth had yet to translate into improved living standards for Nigerians. According to him, the majo…

…fraudulent practices, and financial leakages that placed a huge burden on the Nigerian economy.” He said the subsidy system “had become inefficient and consumed enormous public resources that could have been invested in education, security, agriculture, healthcare, infrastructure, and other productive sectors,” adding…

…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.OPay Digital Services Limited has issued a formal legal warning to an X user identified as Cute Hafserh, with the username @haifah_er_abba, over a post the fintech company says fals…

By Elizabeth Adegbesan The National Bureau of Statistics (NBS), yesterday, said that the Nigerian economy expanded in real terms by 4.43 percent year-on-year, YoY, in the second quarter of 2026, Q2’26 from 4.2 percent in Q2’25. NBS disclosed this in its Gross Domestic Product, GDP, report for Q2’26 noting that both the…