LIVE NATIONAL DESK
Thursday, 29 October 2026
Verified Aggregation

Business News in Nigeria — Direct & Verified

Business Stories

Business
TSource: The Guardian Nigeria
•Yesterday

Dangote Refinery IPO hits $1.6b, attracts investors from 119 countries - The Guardian Nigeria News

Quick Read: The Dangote Refinery has successfully secured $1.6 billion through its Initial Public Offering. This financial milestone reflects a broad international interest, with participation recorded from 119 countries.

Business
TSource: The Guardian Nigeria
•Yesterday

Witness says proceeds of NG Eagle’s sale in AMCON’s CBN account - The Guardian Nigeria News

Quick Read: A witness has officially testified that the funds generated from the sale of NG Eagle are currently being held within an AMCON account at the Central Bank of Nigeria. This disclosure provides clarity on the financial status of the transaction proceeds.

Business
TSource: The Guardian Nigeria
•Yesterday

Two die in knife fight over money-sharing - The Guardian Nigeria News

Quick Read: A violent confrontation involving a knife fight resulted in the deaths of two people. The incident was reportedly sparked by a dispute over the sharing of money.

Business
TSource: The Guardian Nigeria
•Yesterday

Oshobukola receives anti-land grabbing award - The Guardian Nigeria News

Quick Read: Oshobukola has been honored with an anti-land grabbing award. This recognition was documented by The Guardian Nigeria News.

Business
TSource: The Guardian Nigeria
•Yesterday

Market fires: Traders seek emergency fund, insurance, stronger safety measures - The Guardian Nigeria News

Quick Read: Market traders are calling for urgent government and institutional intervention to address the recurring threat of market fires. The proposed solutions include the creation of emergency funds and the integration of insurance policies to safeguard businesses.

Business
TSource: The Guardian Nigeria
•Yesterday

UNAIDS board rejects plan to phase out HIV programme - The Guardian Nigeria News

Quick Read: The UNAIDS board has formally rejected a proposal aimed at phasing out its HIV programme. This decision maintains the status quo for the organization's ongoing HIV-related initiatives.

Business
TSource: The Guardian Nigeria
•Yesterday

663 Lagos retirees secure N1.04 billion in retirement bonds - The Guardian Nigeria News

Quick Read: The Lagos State Government has successfully disbursed N1.04 billion in retirement bonds to 663 retirees. This action underscores the state's ongoing efforts to settle pension liabilities for its retired workforce.

Business
TSource: The Guardian Nigeria
•Yesterday

FG’s $21.7 billion loan request sparks borrowing, debt servicing concerns - The Guardian Nigeria News

Quick Read: The Federal Government of Nigeria has submitted a request for a $21.7 billion loan. This move has prompted widespread concern among stakeholders regarding the implications for national debt and the country's capacity to service such obligations.

Business
TSource: The Guardian Nigeria
•Yesterday

Cartoon - The Guardian Nigeria News

Quick Read: The provided text serves as a placeholder for a cartoon feature within The Guardian Nigeria News. It contains no narrative, data, or specific news developments.

Business
TSource: The Guardian Nigeria
•Yesterday

From aviation to EdTech: How Examtice aims to change exam preparation in Nigeria - The Guardian Nigeria News

Quick Read: Examtice is undergoing a strategic business pivot, transitioning its operations from the aviation sector to the EdTech industry. The company intends to leverage this shift to enhance exam preparation resources for students across Nigeria.

Business
TSource: The Guardian Nigeria
•Yesterday

Court overturns Delta’s 5% consumption tax law - The Guardian Nigeria News

Quick Read: A court has officially overturned the 5% consumption tax law previously enacted in Delta State. This judicial decision invalidates the tax, impacting how consumption-based levies are applied within the state.

Business
TSource: The Guardian Nigeria
•Yesterday

Nigeria to step up arms production, defence capacity - The Guardian Nigeria News

Quick Read: The Nigerian government has declared a strategic move to bolster its national security through increased domestic arms production. This initiative is designed to enhance the country's defence capacity and reduce reliance on external sources.

Business
TSource: The Guardian Nigeria
•Yesterday

How Cologne Quest is changing perfume reviews through real-world testing - The Guardian Nigeria News

Quick Read: Cologne Quest is revolutionizing the perfume review industry by implementing real-world testing protocols. This approach provides consumers with a more accurate understanding of how fragrances perform in daily life.

Business
TSource: The Guardian Nigeria
•Yesterday

Nigeria plans to scrap the common entrance exam - The Guardian Nigeria News

Quick Read: The Nigerian government has declared its intention to abolish the common entrance examination. This decision represents a major policy shift regarding the assessment process for students transitioning from primary to secondary education.

Business
LSource: Linda Ikeji's Blog
•Yesterday

Nigerian man extradited from Benin Republic to US over $100m stolen identity tax scheme

Quick Read: Akinade Adedeji Raheem has been extradited from Benin Republic to the United States following allegations of orchestrating a massive identity theft and tax fraud scheme. The operation, which spanned five years, allegedly defrauded the U.S. Treasury of over $100 million by filing fraudulent tax returns.

Business
TSource: The Guardian Nigeria
•Yesterday

Court upturns Delta’s 5% consumption tax on VAT-covered transactions - The Guardian Nigeria News

Quick Read: A court has ruled against Delta State's imposition of a 5% consumption tax on transactions already covered by federal Value Added Tax (VAT). This decision effectively nullifies the state's attempt to levy additional taxes on these specific transactions.

Business
TSource: The Guardian Nigeria
•Yesterday

dRPC advocates early child care development to end out-of-school scourge - The Guardian Nigeria News

Quick Read: The dRPC is actively advocating for the integration of early child care development programs as a critical measure to address the high number of out-of-school children in Nigeria. This strategic focus aims to establish a stronger educational foundation for children to prevent future school dropout rates.

Business
TSource: The Guardian Nigeria
•Yesterday

FG targets 2030 to eliminate lead-based paints in Nigeria - The Guardian Nigeria News

Quick Read: The Federal Government of Nigeria has officially announced a strategic target to eradicate lead-based paints from the national market. This policy shift is aimed at improving public health standards by 2030.

Business
TSource: The Guardian Nigeria
•Yesterday

Experts task business leaders on taking responsibility for machine decisions - The Guardian Nigeria News

Quick Read: Experts have issued a directive to business leaders, stressing that they must remain accountable for decisions generated by machines. This stance underscores the necessity of human governance in automated business environments.

Business
TSource: The Guardian Nigeria
•Yesterday

Emir Sanusi advocates traditional institutions’ role in global fight against hunger - The Guardian Nigeria News

Quick Read: Emir Sanusi has formally advocated for the involvement of traditional institutions in the global effort to eradicate hunger. He suggests that these institutions possess the necessary community influence to contribute effectively to food security initiatives.

Business
TSource: The Guardian Nigeria
•Yesterday

Plateau Security: Militia hideout claim misleading, says MACBAN - The Guardian Nigeria News

Quick Read: The Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN) has formally responded to allegations regarding the presence of militia hideouts in Plateau State. The association categorically dismissed these reports as misleading.

Business
TSource: The Guardian Nigeria
•Yesterday

Niger miners’ death: Panel blames overcrowding, asphyxiation - The Guardian Nigeria News

Quick Read: An investigative panel has officially attributed the deaths of miners in Niger State to asphyxiation resulting from overcrowding. The report clarifies the circumstances surrounding the tragic incident.

Business
TSource: The Guardian Nigeria
•Yesterday

PAU Alumni chief seeks stronger University-industry ties - The Guardian Nigeria News

Quick Read: The leadership of the Pan-Atlantic University (PAU) Alumni Association has issued a call for deeper integration between academic institutions and the Nigerian industry. This initiative seeks to ensure that university training is more responsive to the evolving demands of the professional landscape.

Business
TSource: The Guardian Nigeria
•Yesterday

Creators urged to move beyond influencer marketing to creative ownership - The Guardian Nigeria News

Quick Read: Content creators in Nigeria are being advised to transition from influencer marketing models to a focus on creative ownership. This strategic shift is intended to foster more sustainable and long-term value for creators within the digital economy.