Nigeria’s business and financial landscape saw another eventful week, with major developments across the energy sector, currency markets, digital assets, and national politics — alongside escalating geopolitical tensions shaping the global economy.
This week, the Dangote Refinery slashed petrol prices by ₦100 per litre, a move tied to falling global crude prices and one that could influence downstream fuel pricing nationwide. Meanwhile, the Nigerian naira strengthened significantly after the country’s foreign reserves crossed the $50 billion mark for the first time in over 15 years, boosting market confidence.
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