Business Feed by Flying Eze

"Economist Explains Why US Tariffs of 12.5% on Nigerian Imports Aren't a Big Deal"

2026-07-27T07:50:35+00:00

Economist and financial analyst, Dr. Muda Yusuf has reacted to the 12.5 percent tariff imposed by the United States, under President Donald Trump, on imports fr...

#business, #mudayusuf, #flyingeze

Cooking Gas Prices Continue to Drop in Several Regions of Nigeria

2026-07-26T12:23:08+00:00

The price of Liquefied Petroleum Gas, LPG, commonly known as cooking gas, has continued to decline in parts of Nigeria over the past three weeks. A market surve...

#business, #topheadlines, #cookinggas, #flyingeze

Today's Dollar to Naira Exchange Rate (July 24, 2026): Naira Gains Strength in Both Official and Black Markets

2026-07-24T20:25:06+00:00

The naira on Friday continued its appreciation against the US dollar at both the official and parallel foreign exchange markets, ending the week on a positive n...

#business, #flyingeze

US Imposes 12.5% Tariff on Nigerian Imports

2026-07-24T06:26:49+00:00

The United States has slammed Nigerian imports with 12.5 per cent tariff over failure to ban goods produced with forced labour. The Office of the United States...

#business, #us, #flyingeze

Naira Strengthens Against Dollar: Today's Exchange Rate for July 23, 2026

2026-07-23T20:26:12+00:00

The Nigerian naira extended its appreciation against the US dollar at the official foreign exchange market on Thursday. Data from the Central Bank of Nigeria,CB...

#business, #naira, #dollar, #flyingeze

UBA Dominates 2026 Euromoney Awards, Crowned Nigeria's Best ESG and Retail Bank!

2026-07-23T19:23:30+00:00

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has reinforced its position as one of the continent’s leading financial institutions after emerging as N...

#business, #uba, #flyingeze

Dangote Refinery Hikes Fuel Prices and Revives Naira Sales

2026-07-23T12:58:46+00:00

Dangote Refinery has increased its gantry price for Premium Motor Spirit, PMS and resumed the sale of its refined petroleum products in naira. The refinery anno...

#business, #dangoterefinery, #fuel, #flyingeze

Dollar to Naira Exchange Rate Update: Nigerian Naira Achieves Record High Appreciation Against US Dollar on July 22, 2026!

2026-07-22T20:23:13+00:00

The naira recorded its highest appreciation against the United States dollar on Wednesday at the official foreign exchange market.Data from the Central Bank of...

#business, #naira, #dollar, #nigeriannaira, #flyingeze

"Cardoso Confirms: CBN Hasn't Invalidated N50, N100, and Other Lower Naira Notes"

2026-07-21T21:27:57+00:00

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that lower naira denominations such as N5, N10, N20, N50, and N100 notes are still legal...

#business, #cbn, #cardoso, #flyingeze

Breaking News: NNPCL Raises Fuel Prices by N115 per Litre

2026-07-21T14:57:15+00:00

Nigerian National Petroleum Company Limited, NNPCL, retail outlets have increased the pump price of Premium Motor Spirit, PMS, also known as petrol. A market su...

#business, #topheadlines, #breaking, #fuelprice, #nnpcl, #flyingeze

Dangote: NNPCL and MRS Stations Close as Fuel Prices Rise Again Across Nigeria

2026-07-21T09:19:31+00:00

Retail outlets of the Nigerian National Petroleum Company Limited, NNPCL, and MRS were closed on Monday as several other filling stations raised their petrol pu...

#business, #topheadlines, #dangote, #fuel, #nnpcl, #mrs, #flyingeze

IPMAN Clarifies: Petrol Loading at Dangote Refinery Continues Amid Fuel Price Concerns

2026-07-21T05:28:54+00:00

The Independent Petroleum Marketers Association of Nigeria, IPMAN, has dismissed claims that its members suspended the lifting of Premium Motor Spirit, PMS, als...

#business, #dangoterefinery, #fuelprice, #ipman, #flyingeze

"YEDC Warns Customers to Steer Clear of False 20% Electricity Bonus Claims"

2026-07-20T15:18:52+00:00

The Yola Electricity Distribution Company (YEDC) has alerted its customers to a fraudulent message circulating on social media, falsely claiming that electricit...

#business, #hotnews, #yedc, #electricity, #flyingeze

Imported Petrol Prices Surpass Local Supply – IPMAN Urges NMDPRA to Reassess Licenses

2026-07-20T09:54:35+00:00

The Independent Petroleum Marketers Association of Nigeria, IPMAN, has urged the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, to re...

#business, #nmdpra, #ipman, #flyingeze

"FG Successfully Renews Nigerian International Passport Following Delays"

2026-07-18T21:50:15+00:00

The federal government said it has secured the renewal of a Nigerian international passport for a citizen who had experienced delays. The Presidential Enabling...

#business, #fg, #nigerianinternationalpassport, #flyingeze

Nigeria Sees a 1400% Surge in Cooking Gas Imports Amid Falling Prices

2026-07-18T10:21:59+00:00

Liquefied Petroleum Gas, LPG, otherwise known as cooking gas, imported into Nigeria jumped sharply by 1,400 percent to 1.5 kilotonnes per day in June 2026. This...

#business, #nigeria, #cookinggas, #flyingeze

Dangote: MRS Gas Stations Close Doors as Fuel Prices Surge Again

2026-07-17T20:23:10+00:00

Several MRS filling stations in Abuja have been shut down for two days due to the unavailability of Premium Motor Spirit, PMS. Two managers of MRS filling stati...

#business, #dangote, #fuel, #mrs, #flyingeze

NGX: Investors Face N32bn Losses Following Two-Day Winning Streak

2026-07-17T12:18:30+00:00

Investors shed N32 billion on Thursday as the Nigerian stock market declined after two days of gains. This comes as market capitalisation dipped by N32 billion,...

#business, #ngx, #flyingeze

Dollar to Naira Exchange Rate Update for July 16, 2026: Naira Gains Strength!

2026-07-16T20:57:48+00:00

The Naira continued to appreciate against the official foreign exchange market on Thursday for the second consecutive time this week. The Central Bank of Nigeri...

#business, #dollartonairaexchangeratetoday, #nigeriannaira, #flyingeze

"Fuel Prices Drop as Global Oil Markets Take a Dive"

2026-07-15T17:27:10+00:00

Global crude oil prices declined on Wednesday, with both the Brent and West Texas Intermediate, WTI, benchmarks recording losses of nearly one percent. Checks b...

#business, #topheadlines, #fuelprice, #oilprices, #flyingeze

UBA Business Series Features M.I Abaga and Chowdeck CEO Egunjobi Discussing Innovation in African Startups

2026-07-14T21:47:50+00:00

Africa’s Global Bank, United Bank for Africa (UBA) Plc is set to host the latest edition of its quarterly UBA Business Series, turning the spotlight on how busi...

#business, #uba, #flyingeze

Latest Update on Fuel Prices at Dangote Refinery in Nigeria

2026-07-14T21:15:57+00:00

The retail pump price of premium motor spirit has remained unchanged in parts of Nigeria after the Dangote Refinery resumed refined petroleum products dollar sa...

#business, #dangoterefinery, #fuel, #flyingeze

Dangote Refinery Sparks Price Hike: Depot Owners Raise Petrol Rates Following Crude Cost Surge

2026-07-14T14:55:13+00:00

Depot owners have raised their premium motor spirit ex-depot prices following rising crude oil prices and the Dangote Refinery’s resumption of refined product s...

#business, #flyingeze

Economists Sound Off as Nigeria Takes a N34 Trillion Hit from Import Duty Waivers

2026-07-14T05:59:53+00:00

Economists and financial analysts are alarmed following the revelation that Nigeria lost N34 trillion, which represents 61 percent of the 2025 budget, to import...

#business, #topheadlines, #import, #flyingeze

Today's Dollar to Naira Exchange Rate: Nigerian Currency Continues to Decline (July 13, 2026)

2026-07-13T20:58:11+00:00

The Naira depreciated against the dollar at the official foreign exchange market on Monday. The Central Bank of Nigeria’s data showed that the Naira weakened ma...

#business, #dollartonairaexchangeratetoday, #flyingeze

Nigeria Exceeds OPEC Quota by 104% as Crude Production Reaches Highest Level in 74 Months

2026-07-13T09:48:55+00:00

Nigeria’s crude oil and condensate production soared to an average of 1,735,398 barrels per day in the month of June 2026, representing positive growth for a 4t...

#business, #hotnews, #crude, #opec, #flyingeze

Depot Owners Cut Fuel Prices to Match Dangote Refinery Rates

2026-07-10T07:24:54+00:00

Several petroleum products depot owners have reduced their petrol ex-depot prices to N1,075 per litre, the same rate as Dangote Refinery. Check by DAILY POST sh...

#business, #dangoterefinery, #fuel, #flyingeze

"Global Crude Oil Prices Plummet Amid Iran-US Tensions"

2026-07-09T22:19:33+00:00

Global crude oil prices dropped despite the airstrikes’ resurgence between the United States and Iran. Checks by DAILY POST showed that Brent and West Texas Int...

#business, #trump, #crudeoil, #flyingeze

Today's Dollar to Naira Exchange Rate: Nigerian Currency Strengthens on July 9, 2026

2026-07-09T20:54:35+00:00

The Naira appreciated against the dollar at the official foreign exchange market on Thursday.The Central Bank of Nigeria’s data showed that the Naira slightly s...

#business, #topheadlines, #naira, #dollar, #flyingeze

BREAKING: Nigerian Filling Stations Close Amid Speculation of Rising Fuel Prices

2026-07-09T09:49:16+00:00

Some Nigerian filling stations have shut down over premium motor spirit price speculation hikes. Checks by DAILY POST correspondent on Thursday morning showed T...

#business, #topheadlines, #fuelprice, #nigerianfillingstations, #flyingeze

Nigeria Burned $1.5 Billion Worth of Gas in 2024, Says German Ambassador

2026-07-09T07:55:43+00:00

German Ambassador to Nigeria, Annett Günther, has disclosed that Nigeria lost an estimated $1.5 billion to gas flaring in 2024 after burning 5.3 billion cubic m...

#business, #gas, #flyingeze

Dangote Refinery Slashes Petrol Prices by N175 per Litre!

2026-07-08T20:24:35+00:00

Dangote Refinery reduced the premium motor spirit ex-depot price by N175 per litre in the last three weeks, DAILY POST reports. Checks by DAILY POST on Wednesda...

#business, #dangoterefinery, #petrolprice, #flyingeze

Dangote: Fuel Prices Slashed by N125 per Litre at Nigerian Filling Stations, Says IPMAN

2026-07-07T11:27:41+00:00

The Independent Petroleum Marketers Association of Nigeria has said filling stations in Nigeria have reduced fuel prices in the last three weeks by N125 per lit...

#business, #topheadlines, #dangote, #fuel, #ipman, #nigerianfillingstation, #flyingeze

"PFIPC: Accountant General Discusses Fund Distribution and Salary Payments via CBN Account"

2026-07-06T14:51:43+00:00

The Office of the Accountant General of the Federation, OAGF, has refuted allegations making the rounds on public funds disbursement and salary payment to worke...

#business, #cbn, #pfipc, #flyingeze

NNPCL Slashes Fuel Prices Again in Less Than Two Weeks!

2026-07-05T14:21:20+00:00

The Nigerian National Petroleum Company Limited has reduced its premium motor spirit pump price for the second time in less than two weeks.A market survey by DA...

#business, #topheadlines, #breaking, #fuelprice, #flyingeze

"Solar Energy Shines Bright for Investors in Nigeria, Says Government"

2026-07-04T13:27:37+00:00

The Nigerian government has said mini-grid solar energy is fast becoming more attractive to investors in the country. Speaking in Lagos on Friday, Abba Aliyu, M...

#business, #fg, #electricity, #flyingeze

Atiku Urges Tinubu to Expose the Individuals Behind Nigeria's 2% GDP Theft, Says IMF

2026-07-04T13:23:23+00:00

Former Vice President and presidential candidate of the African Democratic Congress, ADC, Atiku Abubakar, has asked President Bola Tinubu to reveal to Nigerians...

#business, #tinubu, #imf, #flyingeze

"Most Nigerian Government Agencies Now Equipped with Timely Response Systems, Says Zahra Audu"

2026-07-03T16:54:45+00:00

The Director General of the Presidential Enabling Business Environment Council, PEBEC, Princess Zahrah Audu, said that 98 percent of the 69 ministries, departme...

#business, #zahraaudu, #flyingeze

"Bank Customers Left in Limbo: Ogunbunka Discusses CBN's Decision to Revoke Licenses of 46 MFBs"

2026-07-03T07:49:44+00:00

The President of the Bank Customers’ Association of Nigeria, Dr Uju Ogunbunka, has expressed concern over the Central Bank of Nigeria’s decision to revoke the o...

#business, #ogunbunka, #mfbs, #flyingeze

Dollar to Naira Exchange Rate Update: Nigerian Currency Strengthens on July 2, 2026

2026-07-02T21:27:37+00:00

The naira extended appreciation against the dollar at the official foreign exchange market on Thursday. The Central Bank of Nigeria data showed that the Naira s...

#business, #dollartonairaexchangeratetoday, #july22026, #flyingeze

Nigerian Government Cuts Vehicle Import Fees and Launches Green Tax Initiative

2026-07-02T05:57:17+00:00

The Federal Government’s revised vehicle import levy regime has officially come into effect, raising expectations of possible reductions in automobile prices. H...

#business, #nigeriangovt, #flyingeze

NDIC Steps In: 46 Revoked Microfinance Banks Under New Management, Cautions Against Illegal Activities

2026-07-01T20:47:53+00:00

The Nigeria Deposit Insurance Corporation, NDIC, has been appointed as the official Liquidator of the 46 Microfinance Banks, MFBs, revoked by the Central Bank o...

#business, #ndic, #flyingeze

"Nigeria's Decision to Overlook IMF Advice on $5 Billion UAE Loan – Insights from Oyedele"

2026-07-01T06:54:59+00:00

Nigeria’s minister of finance, Taiwo Oyedele, has explained why it did not put into consideration the advice of the International Monetary Fund on the $5 billio...

#business, #uae, #imf, #oyedele, #flyingeze

Electricity Consumers Shell Out N203.6bn to DisCos in April, Reports NERC

2026-06-30T15:24:31+00:00

The Nigerian Electricity Regulatory Commission, NERC, has said the electricity distribution companies (DisCos) generated N203.61 billion from consumers in April...

#business, #nerc, #electricity, #discos, #flyingeze

AEDC Officials Seriously Hurt in Abuja Police Quarters During Anti-Electricity Theft Operation

2026-06-30T10:18:37+00:00

Tension erupted at the Dawaki Police Quarters in the Federal Capital Territory on Friday after officials of the Abuja Electricity Distribution Company Plc were...

#business, #police, #aedc, #flyingeze

Nigerian Gas Stations Slash Fuel Prices Close to N1,000 per Litre Under Rising Pressure

2026-06-30T05:52:28+00:00

Nigerian filling stations have hinted at plans to drop the premium motor spirit pump price to near N1,000 per litre amid pressure. DAILY POST reports that in th...

#business, #topheadlines, #fuelprice, #fillingstations, #flyingeze

Customers Weigh In on the Impact of the Nigerian Banks Merger

2026-06-29T21:22:58+00:00

President of the Bank Customers’ Association of Nigeria, Uju Ogunbunka, has detailed the implications of the merger of two Nigerian financial institutions, Prov...

#business, #ogunbunka, #providusunitybank, #flyingeze

"Five African Nations Rank Among Top Borrowers from the IMF"

2026-06-29T17:52:23+00:00

Five African countries are among the top ten highest borrowers from the International Monetary Fund. Statisense disclosed this in a statement on its X account...

#business, #imf, #flyingeze

"Textile Import Ban Could Cost Nigeria N7 Trillion and 10 Million Jobs, Warns CPPE to Senate"

2026-06-28T08:46:29+00:00

The Centre for the Promotion of Private Enterprises has said the Senate’s recent resolution to place a ban on textile imports will be doing more harm to the Nig...

#business, #senate, #cppe, #textileimportban, #flyingeze

NNPCL Cuts Fuel Prices Again: Second Reduction in Just Four Days!

2026-06-27T14:15:10+00:00

The Nigerian National Petroleum Company Limited, NNPCL, has reduced its fuel pump price for the second time in four days. A market survey on Saturday by DAILY P...

#business, #topheadlines, #breaking, #fuelprice, #nnpcl, #flyingeze