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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.

IMF Warns of Risks as Stablecoins Reshape the Global Economy

IMF Cautions Global Economy: Escalating Trade Tensions Could Wipe Out 0.3% of Output Next Year

October 15, 2025 Frank 0

The International Monetary Fund (IMF) has issued a strong warning that while the recent slowdown in global growth has been less severe than initially feared, […]

Tinubu Administration Approves N4 Trillion Bond Plan to Clear Crippling Power Debt Owed to GenCos

October 15, 2025 Frank 0

The Federal Government has taken a decisive step toward stabilizing Nigeria’s ailing electricity sector, announcing the finalization of a monumental plan to issue N4 trillion […]

TCN Begins 10-Day Gombe Substation Maintenance, Assures Customers Of No Load Loss

October 14, 2025 Frank 0

The Transmission Company of Nigeria (TCN) has scheduled a ten-day preventive maintenance exercise at its Gombe 132/33 kV Transmission Substation, starting from October 14 and […]

Nigerian stock market Opens Week With N465 Billion Gain For Investors

October 14, 2025 Frank 0

The Nigerian stock market kicked off the new week on a robust bullish trajectory, rewarding investors with a significant gain. The positive momentum saw the […]

Dangote Refinery Supply Glitch Forces New Fuel Price Hike: NNPCL Sells Petrol at N955 Per Litre

October 14, 2025 Frank 0

The ongoing volatility in Nigeria’s downstream petroleum sector has escalated following a supply disruption at the Dangote Refinery, leading to an immediate and significant increase […]

Cashew Crucial to Non-Oil Export Ambitions, Says Presidency

October 13, 2025 Frank 0

The Federal Government of Nigeria has emphatically underscored the critical role of cashew in achieving the nation’s ambitious non-oil export targets, positioning the commodity as […]

Petrol Price Jumps to N955 per Litre in Abuja as NNPCL Increases Rate Twice in Seven Days

October 13, 2025 Frank 0

The cost of Premium Motor Spirit (PMS), widely known as petrol, has hit a new high, with the Nigerian National Petroleum Company Limited (NNPCL) and […]

Naira Gains Big Against Dollar as Nigeria’s Reserves Continue to Climb

October 11, 2025 Frank 0

The Naira closed the week strongly on Friday, achieving significant gains against the United States dollar in both the official and black foreign exchange (FX) […]

Nigeria Govt Rejects World Bank’s 139M Poverty Report, Cites PPP Flaw

October 9, 2025 Frank 0

The Nigerian Presidency has strongly disputed the latest economic report from the World Bank, which estimated that approximately 139 million citizens are living in poverty. […]

National Grid: Electricity Available Slumps as Minister Adelabu Focuses on Oyo Governorship

October 6, 2025 Frank 0

The reliability of Nigeria’s national power infrastructure has again come under intense scrutiny following a significant drop in available electricity, a situation exacerbated by the […]

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