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Dollar strengthens against naira at start of new business week

The US dollar opened the first business week of March stronger against the naira, with activity in the parallel market reflecting higher exchange rates compared to the previous trading sessions.…

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Concerns grow over Dangote refinery influence on Nigeria’s petrol supply market

Nigeria’s petrol supply structure is undergoing a shift as domestic refining capacity expands with the operation of the Dangote Petroleum Refinery. The refinery has increased local production of refined petroleum products and now plays a major role in supplying petrol…

FG pushes research commercialisation to support startup creation

Nigeria’s Federal Government has announced plans to strengthen policies that will transform academic research into commercially viable products and businesses. The initiative aims to connect universities, research institutes and the…