Business Daily Nigeria
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Your business and economy news reporter from Nigeria

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Business Daily Nigeria

Press Releases

Nigeria urges wealthy nations to engage Africa with “mutual respect”
Nigeria's Trade Strategy Shields It from US Tariffs
Nigeria Reports Over 170 Fatalities in Lassa Fever
Nigerian Police Clash with Protesters
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Business Daily Nigeria

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Power without prosperity: How politics keeps Nigeria’s economy shackled
Will Dangote Refinery’s Plan To Step Up Production Improve Nigeria’s Economy?

Will Dangote Refinery’s Plan To Step Up Production Improve Nigeria’s Economy?

Africa’s foremost industrialist, Aliko Dangote had recently announced plans to expand the capacity of Dangote Refinery’s 650,000 barrels per day Propylene plant to 1.4 million barrels per day, making it the largest refinery in the world upon...

Owner:  Jideofor Adibe
Nigeria, Siemens sign phase-one power deal to add 7,000MW to grid

Nigeria, Siemens sign phase-one power deal to add 7,000MW to grid

Nigeria has signed a landmark agreement with Siemens Energy to deliver the first phase of the Presidential Power Initiative (PPI), a $2.3 billion infrastructure project expected to add 7,000 megawatts of operational capacity to the national grid,...

Owner:  Frank Aigbogun
Nigeria’s Revenue Threatened As Oil Dips On Russian Sanctions Worries, OPEC+ Output Hike
Nigerian Breweries grows turnover

Nigerian Breweries grows turnover

Nigerian Breweries has seen its turnover lift by 48% in the third quarter coinciding with the business’s expanded consumer sales activities. The figures, which were for the nine-month period ended 30 September, showed that the Heineken-owned...

Owner:  Anthony Greatrex Hawser

Nigeria Lost N366billion In Five Months Over Shutdown Of Port-Harcourt Refinery, Workers Allege Fraud

Nigeria has lost about N366.210billion, equivalent to $249.7 million, following the shutdown of the Port Harcourt Refinery for 156 days between May 24 and October 31, 2025. The refinery, located in Eleme, Rivers State, was rehabilitated with $1.5...

Owner:  Omoyele Sowore
Nigeria To Introduce Minimum Capital Requirement For DisCos Ahead Of 2028 Licence Renewal
Nigeria Can Achieve $1 Trillion Economy Target By 2030 - Minister Bagudu Te
 Nigeria Records $50bn Cryptocurrency Transactions In One Year — Agama 
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