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Dependable Business brings you breaking business news, economic analysis, market updates, finance reports, and insights on entrepreneurship in Nigeria and worldwide. Stay ahead with trusted information.

Anyim, Wamakko, Ex-Deputy Governors Demand Renewed Focus on Nigeria’s Industrial Growth

October 29, 2025 Frank 0

Former Senate President, Senator Anyim Pius Anyim, former Sokoto State Governor, Senator Aliyu Wamakko, and several former deputy governors have collectively urged a renewed national […]

Naira Records Significant Gains Against Dollar in Official and Black Markets

October 27, 2025 Frank 0

The Nigerian naira began the week on a positive trajectory on Monday, October 27, 2025, recording a notable appreciation against the United States dollar in […]

Dangote Explains Why He Won’t Acquire Nigeria’s Government Refineries, Citing Monopoly Concerns

October 27, 2025 Frank 0

Africa’s richest man, Aliko Dangote, has publicly ruled out the acquisition of Nigeria’s government-owned refineries, including the Port Harcourt Refinery, even if they were officially […]

Fuel Landing Cost Declines, Now Cheaper Than Dangote Refinery’s Petrol Price

October 24, 2025 Frank 0

A significant development has reshaped the competitive environment within Nigeria’s downstream oil sector, revealing that the cost to import petrol has unexpectedly dropped below the […]

Naira Sustains Momentum, Ends Week with Fifth Consecutive Gain Against US Dollar

October 24, 2025 Frank 0

Nigeria’s national currency, the Naira, closed the trading week on an exceptionally strong footing, recording its fifth straight day of appreciation against the United States […]

Nigerian Equities Market Hits Historical High as Firms Drive N963bn Gain

October 23, 2025 Frank 0

The Nigerian Exchange Limited (NGX) experienced a monumental day on Tuesday, October 21, 2025, as a surge in the value of Nigerian firms propelled the […]

Nigeria Sees First Drop in Cooking Gas Price in Months

Abuja Residents Hit Hard by Cooking Gas Scarcity and Skyrocketing Prices

October 19, 2025 Frank 0

Frustration is mounting among residents of Abuja as a persistent scarcity of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, grips the nation’s capital, […]

Federal, State, and Local Governments Share N2.103 Trillion Federation Account Revenue for September

October 17, 2025 Frank 0

The Federal Government, states, and local government councils collectively shared a total sum of N2.103 trillion as the Federation Account Revenue for September 2025. This […]

Naira Plummets to Record N1,473.29/$ in Official Market Despite Rising External Reserves

October 16, 2025 Frank 0

The Nigerian Naira experienced its most significant single-day depreciation this week, weakening sharply against the United States dollar on Wednesday as the country’s currency continues […]

Nigeria Records Sixth Consecutive Inflation Drop, Eases to 18.02% in September

October 15, 2025 Frank 0

Nigeria’s headline inflation rate has continued its downward trend, easing to 18.02 per cent in September 2025, a noticeable drop from the 20.12 per cent […]

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