Business & Money Feed by Flying Eze

Why DPR Reopened Eight Lagos Depots Sealed by LASPPPA in 2021

2026-11-07T16:59:00+00:00

On 13 September 2021 DPR reopened eight Lagos tank farms sealed by LASPPPA. Explore the regulatory dispute, both agencies' positions and subsequent reforms.

#businessmoney, #lagos, #petroleum, #nmdpra, #flyingeze

Forum Brands’ $100 Million Debt Financing: The E-Commerce Roll-Up Model Explained

2026-11-06T12:08:00+00:00

A historical business explainer about Forum Brands' September 2021 debt deal and e-commerce roll-up strategy.

#businessmoney, #, #flyingeze

Solar vs Generator for Nigerian Small Businesses: Comparing Long-Term Costs

2026-10-31T10:00:00+00:00

Solar vs generator for Nigerian small businesses: compare fuel costs, solar prices, five-year payback, maintenance and reliability.

#businessmoney, #technology, #businesseducation, #solarpower, #solarforsmallbusinesses, #nigeriageneratorcosts, #renewableenergynigeria, #smallbusinessenergy, #flyingeze

What Happens After Receiving a Business Grant? Reporting and Financial Responsibilities

2026-10-30T12:00:00+00:00

After receiving a Nigerian business grant, learn how to manage approved spending, receipts, reporting, tax obligations, audits and unspent funds.

#businessmoney, #finance, #businesseducation, #smallbusinessgrants, #grantreporting, #financialmanagement, #nigerianstartups, #businesscompliance, #flyingeze

How to Write a Winning Small Business Grant Proposal: Structure and Examples

2026-10-30T11:00:00+00:00

Learn how to write a Nigerian small business grant proposal with 10 key sections, SMART targets, a budget and a complete fictional example.

#businessmoney, #educationopportunities, #businesseducation, #entrepreneurship, #smallbusinessgrants, #startupfunding, #nigeriabusiness, #grantproposal, #flyingeze

How Nigerians Working for Foreign Companies Can Handle Contracts and Payments

2026-10-29T18:00:00+00:00

Nigerians working for foreign companies: understand contracts, employee vs contractor status, USD payments, FX charges and 2026 Nigerian tax obligations.

#businessmoney, #careers, #jobs, #freelancing, #remotejobs, #nigeriajobs, #internationalpayments, #flyingeze

Documents You Need Before Applying for a Small Business Grant in Nigeria

2026-10-29T16:30:00+00:00

Documents for small business grants in Nigeria: government ID, CAC certificate, business plan, budget, Tax ID, financial records and TEF/SMEDAN stages.

#businessmoney, #educationopportunities, #businesseducation, #smallbusinessgrants, #startupfunding, #nigeriabusiness, #grantapplication, #smedan, #flyingeze

Business Grants vs Loans vs Equity Funding: What Nigerian Startups Should Know

2026-10-29T15:30:00+00:00

Compare small business grants in Nigeria with loans and equity funding. Explore verified SMEDAN, BOI and TEF programmes, costs, risks and startup funding tips.

#businessmoney, #finance, #businesseducation, #smallbusinessgrants, #startupfunding, #nigeriabusiness, #businessloans, #equityfunding, #flyingeze

After CAC Registration: What Nigerian Business Owners Should Do Next

2026-10-29T12:00:00+00:00

After CAC registration in Nigeria, check your Tax ID, open a business account, organise tax records, obtain applicable licences and plan annual returns.

#businessmoney, #businesseducation, #business, #smallbusiness, #nigerianbusinesses, #entrepreneurship, #flyingeze

Business Name vs Limited Liability Company in Nigeria: Which Should You Register?

2026-10-29T09:05:15+00:00

Business name or limited liability company in Nigeria? Compare 2026 CAC fees, personal liability, taxation, ownership and filing duties before registering.

#businessmoney, #businesseducation, #business, #smallbusiness, #nigerianbusinesses, #businessstrategy, #flyingeze

How to Register a Business with CAC in Nigeria: Step-by-Step 2026 Guide

2026-10-29T03:13:47+00:00

Register a business in Nigeria with CAC in 2026: choose a structure, reserve a name, submit iCRP documents, check official fees and meet tax obligations.

#businessmoney, #businesseducation, #business, #smallbusiness, #nigerianbusinesses, #entrepreneurship, #flyingeze

Collaboration, Infrastructure and Trust as Drivers of Digital Growth – FCMB

2026-10-09T14:46:07+00:00

The Chief Technology Officer of First City Monument Bank (FCMB), Blessing Ehize, has called for stronger collaboration among financial institutions, technology...

#businessmoney, #fcmb, #flyingeze

States got richer as Nigeria’s revenue rose by 93% – World Bank report

2026-10-09T08:15:54+00:00

The Washington-based World Bank has disclosed that revenues allocated to states, or subnational governments in Nigeria grew by 93 per cent in real terms over tw...

#businessmoney, #worldbank, #flyingeze

Moody’s, S&P, Fitch rival: Expert reveals what Africa’s new rating agency means for Nigeria

2026-10-08T06:58:16+00:00

Financial expert and popular accountant, Prof Godwin Oyedokun, has explained the implications of the proposed unveiling of the Africa Credit Rating Agency, AfCR...

#businessmoney, #africa, #nigeria, #fitchrival, #moodys, #sp, #flyingeze

NUPRC offers 40 oil blocks in 2026 licensing round after 2025 controversy

2026-10-07T12:54:25+00:00

The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has announced the 2026 Licensing Round, offering 40 oil and gas blocks to investors. The developme...

#businessmoney, #nuprc, #flyingeze

Dangote Refinery reduces diesel price to N85/litre cheaper than imported AGO

2026-10-07T12:23:57+00:00

Dangote Refinery has reduced its Automotive Gas Oil, known as diesel, gantry price to between N75 and N85 per litre cheaper than imported AGO. The refinery disc...

#businessmoney, #dangoterefinery, #flyingeze

FCMB marks Customer Service Week with digital upgrades, rewards

2026-10-06T10:56:21+00:00

First City Monument Bank (FCMB) has introduced digital banking enhancements and customer engagement initiatives ahead of Customer Service Week 2026, highlightin...

#businessmoney, #fcmb, #flyingeze

Dollar to Naira exchange rate today, October 5, 2026: Naira extends depreciation against USD

2026-10-05T20:59:22+00:00

The Nigerian naira depreciated against the dollar at the official foreign exchange market on Monday, resuming trading on a negative note. Central Bank of Nigeri...

#businessmoney, #dollartonairaexchangeratetoday, #flyingeze

Dollar to Naira exchange rate today, October 2, 2026: Naira depreciates against USD after Independence Day

2026-10-02T19:58:54+00:00

The naira recorded a depreciation against the dollar at the official foreign exchange market as trading resumed after the Independence Day holiday. Central Ban...

#news, #businessmoney, #naira, #dollar, #flyingeze

Independence Day: After fuel price reduction, NNPCL filling stations offer Nigerians significant discounts

2026-10-01T21:27:20+00:00

Less than a day after the Nigerian National Petroleum Company Limited (NNPCL) reduced the price of Premium Motor Spirit (PMS) to N1,370 per litre, the state-own...

#businessmoney, #fuel, #nnpcl, #independenceday, #flyingeze

Airtel Money Plans London IPO as African Fintech Targets Global Investors

2026-10-01T01:06:42+00:00

Airtel Money is preparing a London IPO that could be one of the market's biggest listings in years. Here is what is confirmed, what remains indicative and why it matters.

#businessmoney, #finance, #money, #africa, #fintech, #ipo, #airtelmoney, #airtelafrica, #londonstockexchange, #flyingeze

DriveWealth Data Breach Exposes Historical Revolut Customer Records

2026-10-01T01:01:47+00:00

A DriveWealth breach exposed historical personal data belonging to some Revolut customers. Revolut says its own systems, passwords, cards and funds were not compromised.

#businessmoney, #finance, #technology, #fintech, #cybersecurity, #databreach, #drivewealth, #revolut, #flyingeze

Cloudflare Monetization Gateway Beta Lets AI Agents Pay Per Request

2026-09-30T23:16:48+00:00

Cloudflare has opened Monetization Gateway as a closed beta, letting eligible US-based sellers charge AI agents per request for resources such as APIs, MCP tools and datasets.

#businessmoney, #software, #technology, #payments, #aiagents, #cloudflare, #x402, #http402, #mcp, #flyingeze

Nigerian Banks Seek More Time for CBN Payment Data Localisation

2026-09-30T23:15:15+00:00

Banks and fintech companies are asking for more time to meet the CBN's January 1, 2027 payment-data localisation deadline, citing migration, resilience and cybersecurity concerns.

#businessmoney, #finance, #technology, #payments, #nigeria, #cbn, #fintech, #banking, #datalocalisation, #flyingeze

Fenergo Owners Explore Sale Valuing Fintech at More Than £2bn

2026-09-30T23:09:19+00:00

Bridgepoint and Astorg are considering a sale of Irish compliance-software company Fenergo that could value the business at more than £2 billion, but no deal has been agreed.

#businessmoney, #finance, #technology, #fintech, #ma, #fenergo, #compliance, #banking, #regtech, #flyingeze

Instinct Raises $1bn at $10bn Valuation for Personal AI Agent

2026-09-30T23:06:24+00:00

Personal AI-agent startup Instinct has raised $1 billion at a $10 billion valuation as it develops software that can perform practical tasks and transactions for users.

#businessmoney, #technology, #artificialintelligence, #startups, #aiagents, #instinctai, #venturecapital, #agenticcommerce, #flyingeze

Cerebras to Supply Gimlet Labs With 100MW of AI Compute

2026-09-30T23:06:22+00:00

Cerebras plans to supply CS-4 AI systems to cloud startup Gimlet Labs in a deployment expected to consume about 100MW, with cloud availability targeted for 2027.

#businessmoney, #technology, #artificialintelligence, #aiinfrastructure, #datacentres, #cloudcomputing, #cerebras, #gimletlabs, #aiinference, #flyingeze

Meta Launches Enterprise AI Platform Led by Former MongoDB CEO

2026-09-30T23:06:20+00:00

Meta is launching a new enterprise AI business led by former MongoDB CEO CJ Desai, with Muse, Business Agent, Muse API and Muse Code among the initial products.

#businessmoney, #technology, #artificialintelligence, #meta, #enterpriseai, #businesssoftware, #cjdesai, #muse, #flyingeze

AMD to Buy World Labs for $8.2bn in Physical AI Push

2026-09-30T23:06:18+00:00

AMD has agreed to acquire Fei-Fei Li-led World Labs in an $8.2 billion all-stock transaction to strengthen its AI model research and physical-AI strategy.

#businessmoney, #technology, #artificialintelligence, #amd, #worldlabs, #feifeili, #physicalai, #ma, #flyingeze

Irregular migration: Analyst tells FG how to stop exploitation of Nigerian youths

2026-09-28T12:22:56+00:00

A foreign affairs analyst and expert, Chibuzo Onyema, has explained how the Nigerian government can curb irregular migration and the exploitation of young Niger...

#businessmoney, #fg, #irregularmigration, #flyingeze

Fuel price: NNPCL reduces petrol price to N1,405 in Abuja

2026-09-27T19:53:01+00:00

The Nigerian National Petroleum Company Limited, NNPCL, has reduced petrol pump prices at its filling stations. A market survey by DAILY POST on Sunday showed t...

#businessmoney, #abuja, #fuelprice, #nnpcl, #flyingeze

Fuel price: Tinubu’s N70,000 minimum wage can only buy 50 litres of petrol – Atiku

2026-09-27T18:56:42+00:00

The presidential candidate of the African Democratic Congress, ADC, and former Vice-President, Atiku Abubakar, has said life has become increasingly difficult f...

#businessmoney, #atiku, #tinubu, #fuelprice, #flyingeze

Moody’s affiliate, GCR Ratings Upgrades Dangote Industries to Highest Credit Rating

2026-09-26T08:18:28+00:00

GCR Ratings, an affiliate of Moody’s Ratings, has upgraded Dangote Industries Limited by four notches to the highest possible national credit ratings of AAA(NG)...

#businessmoney, #dangote, #flyingeze

Fuel price update: NNPCL, MRS maintain same rate as crude oil prices drop

2026-09-25T21:23:31+00:00

Nigerian National Petroleum Company Limited, NNPCL, and MRS filling stations’ premium motor spirit (PMS) pump prices have remained stable at N1,395 per litre de...

#businessmoney, #nnpcl, #mrs, #crudeoil, #fuelpriceupdate, #flyingeze

Dollar-to-naira exchange rate today, September 25, 2026: Naira depreciates against USD across FX markets

2026-09-25T20:50:52+00:00

The naira depreciated against the US dollar across the foreign exchange markets on Friday, ending the week on a negative note. Central Bank of Nigeria (CBN) dat...

#businessmoney, #naira, #dollartonairaexchangeratetoday, #flyingeze

Under-dispensing: Marketers panic as NMDPRA begins crackdown on filling stations

2026-09-24T09:55:30+00:00

Petroleum products marketers, retailers and depot owners are in panic mode as the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, on T...

#news, #businessmoney, #underdispensing, #flyingeze

TCN announces power outage in Wuse, CBD, Jabi, Utako, other Abuja areas

2026-09-23T10:17:07+00:00

The Transmission Company of Nigeria, TCN, has announced an electricity supply outage in parts of Abuja on Wednesday. In a notice on Wednesday, the company said...

#businessmoney, #abuja, #tcn, #utako, #cbd, #jabi, #wuse, #flyingeze

PhonePe Gets Initial UAE Central Bank Approval for Payment Licences

2026-09-22T22:46:59+00:00

PhonePe has secured initial UAE approval for retail payments, card schemes and stored-value services, but still needs final clearance before launch.

#businessmoney, #finance, #payments, #uae, #fintech, #digitalpayments, #flyingeze

Flutterwave convenes global leaders at UNGA 2026 to power Africa’s next decade of growth

2026-09-22T21:28:13+00:00

Flutterwave, Africa’s leading payments technology company, today announced its executive engagements on the sidelines of the 81st United Nations General Assembl...

#businessmoney, #africa, #flutterwave, #unga, #flyingeze

Dollar to Naira exchange rate today, September 22, 2026: Naira extends appreciation against USD

2026-09-22T20:55:37+00:00

The naira extended its appreciation against the dollar across the foreign exchange market on Tuesday. Central Bank of Nigeria data showed that the naira further...

#businessmoney, #naira, #dollartonairaexchangeratetoday, #flyingeze

Fuel Price: NMDPRA reveals details of meetings with Dangote Refinery, marketers

2026-09-22T15:58:03+00:00

The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA has revealed details of its meetings with Dangote Refinery, petroleum products mark...

#businessmoney, #dangoterefinery, #fuelprice, #nmdpra, #flyingeze

FTSE Russell reclassification: NGX investors gain N228bn as market sustains 8-day rally

2026-09-22T09:28:58+00:00

A fresh chapter has opened for the Nigerian Exchange Limited, NGX, following FTSE Russell’s reclassification of Nigeria from Unclassified to Frontier Market sta...

#businessmoney, #ngx, #ftserussellreclassification, #flyingeze

Nigerian govt clears air on increasing electricity tarriffs in 2027

2026-09-21T20:57:13+00:00

The Federal Government has denied that there are plans to increase electricity tariffs. Minister of Power, Joseph Tegbe, stated this on Monday at a media parley...

#businessmoney, #electricitytarriffs, #flyingeze

Airtel Money Weighs Smaller London IPO After Investor Feedback

2026-09-20T22:58:58+00:00

Airtel Money is reportedly considering cutting the size of its planned London IPO to at least $800 million after investor feedback. Here is what has changed and why it matters.

#businessmoney, #finance, #money, #fintech, #ipo, #airtelmoney, #airtelafrica, #mobilemoney, #londonipo, #flyingeze

Nigeria Airlines Face Fresh Pressure as Jet Fuel Hits ₦2,150

2026-09-20T13:34:37+00:00

Nigerian airlines face renewed cost pressure as Jet A1 prices rise by about 20%, with surveyed supplier prices reaching as high as ₦2,150 per litre.

#news, #businessmoney, #travel, #economy, #nigerianairlines, #aviationfuel, #nigeriaaviation, #jeta1, #airfares, #flyingeze

Dangote IPO Rush Exposes Stress Points in Nigeria’s Fintech Infrastructure

2026-09-20T03:42:48+00:00

The Dangote Refinery IPO overwhelmed Nigerian investment apps, exposing fintech capacity risks while regulators warned investors to verify approved channels.

#businessmoney, #finance, #technology, #nigeria, #investing, #fintech, #nigeriafintech, #digitalinvesting, #flyingeze

Why we can’t fix petrol prices in Nigeria – NMDPRA

2026-09-19T16:29:30+00:00

The Nigerian Mainstream and Downstream Petroleum Regulatory Authority, NMDPRA, has revealed the real reason it cannot fix petrol price in Nigeria. In a statemen...

#businessmoney, #nmdpra, #flyingeze

OpenAI expands ChatGPT Ads with Sponsored Agents, Shopify and HubSpot integrations

2026-09-19T15:07:40+00:00

OpenAI is expanding ChatGPT Ads with Sponsored Agents, prompt-based campaign management, AI-assisted creative tools and new Shopify and HubSpot integrations. Here is what businesses and marketers need to know.

#businessmoney, #marketing, #technology, #digitalgrowth, #chatgpt, #openai, #digitalmarketing, #digitaladvertising, #chatgptads, #hubspot, #shopify, #flyingeze

Jet Financiers Warn Fuel and Borrowing Costs Are Reshaping Aviation

2026-09-19T11:06:01+00:00

Aircraft financiers and lessors say higher jet-fuel prices and borrowing costs are reshaping aviation economics, cooling parts of the second-hand aircraft market even as passenger demand remains resilient.

#businessmoney, #travel, #airlines, #aviation, #jetfuel, #aircraftleasing, #aviationfinance, #aircraftlessors, #flyingeze

Nvidia-Backed Nscale Files for US IPO After Revenue Jumps 1,252%

2026-09-19T09:57:24+00:00

Nscale has filed for a US IPO after first-half revenue surged 1,252% to $140.6 million, even as losses widened and the AI infrastructure company continued a huge capital build-out.

#businessmoney, #technology, #aiinfrastructure, #nvidia, #datacentres, #cloudcomputing, #nscale, #aicloud, #nyse, #ipo, #flyingeze