Business News — NaijaToday

Latest Business news and updates from Nigeria.

How Nigerians Can Build a Steady Online Income in 2026: A Practical Guide to Freelancing, Content Creation, and AI Tools — A 2026 guide for Nigerians looking to earn online through freelancing, content creation, and AI-powered tools â€” practical steps, platforms, and pitfalls to avoid.
Running a Small Business in Nigeria in 2026: Making Sense of the Money Side — CBN's 26.5% benchmark rate is keeping SME loans expensive in 2026. Here's why, which single-digit government-backed funding options most owners overlook, and how to avoid costly fintech loan traps.
How to Avoid Real Estate Fraud in Nigeria (Even Celebrities Get Caught Out) — When singer Bella Shmurda went live on Instagram to share that he'd allegedly been defrauded of $4 million in a Lagos property transaction, it wasn't just entertainment gist — it was a stark reminder that real estate fraud in Nigeria doesn't discriminate by wealth, fame, or connections. If someone with resources and access to legal advice can fall victim to a property scam, ordinary Nigerians navigating land and property purchases without that same access face even greater risk.
Dangote Refinery's Promise: Has It Really Lowered Pump Prices? — An honest assessment of how much the Dangote Refinery has actually brought petrol prices down, and where its impact still falls short. Category: Energy & Industry
How to Avoid Real Estate Fraud in Nigeria (Even Celebrities Get Caught Out) — When singer Bella Shmurda went live on Instagram to share that he'd allegedly been defrauded of $4 million in a Lagos property transaction, it wasn't just entertainment gist — it was a stark reminder that real estate fraud in Nigeria doesn't discriminate by wealth, fame, or connections. If someone with resources and access to legal advice can fall victim to a property scam, ordinary Nigerians navigating land and property purchases without that same access face even greater risk.
Nigeria's Economy Just Exited Contraction — So Why Doesn't It Feel Like It? — A closely watched measure of Nigeria's business activity has just crossed back above the line separating growth from contraction — technically good economic news. But if you're managing a household budget, running a small business, or scrolling past yet another price increase at the market, that headline probably doesn't match your daily reality. This article breaks down why both things can be true at once, and what it actually means for your business decisions going forward.
Why Your NIN Matters More Than Ever in 2026 (And What Happens If You Still Don't Have One) — If you've been putting off registering for your National Identification Number, 2026 is the year that decision catches up with you. Between a brand-new law signed by President Tinubu, a fresh presidential directive ordering full enrollment, and a growing list of everyday services that simply won't work without it, the NIN has quietly become the single most important number in your wallet — more important, in practical terms, than your bank card or even your voter's card.
Remote Work in Nigeria: How Fresh Graduates Can Land Global Jobs From Home — Looking for remote work in Nigeria? Discover how fresh graduates can get international remote jobs, build in-demand skills, create a winning portfolio, and earn in dollars without leaving Nigeria.
7 Side Hustles Nigerians Are Actually Making Money From in 2026 — Looking for extra income? Discover seven profitable side hustles Nigerians are using to earn more money in 2026, from freelancing and POS businesses to tutoring, content creation, and online selling.
FG Launches $170.6 Million Fund for Tech and Creative Startups — Here's Who Can Benefit — The Federal Government has launched a $170.6 million DICE Fund to support Nigerian tech and creative startups. Find out who qualifies, how the fund works, and what it means for entrepreneurs across Nigeria.
Dangote Refinery Has Cut Petrol Prices Four Times in a Month — Here's What It Means at the Pump — The Dangote Petroleum Refinery has reduced its ex-depot (gantry) price for Premium Motor Spirit (PMS) four times since the end of May 2026, bringing the total reduction to ₦200 per litre in just one month. The latest adjustment lowered the gantry price by ₦50, bringing it down to ₦1,075 per litre.
Naira Holds Near ₦1,370/$ as Official and Black Market Rates Finally Move Closer Together — The naira remained stable near ₦1,370 per US dollar as the official exchange rate and black market rate moved closer together. The narrowing gap signals improving foreign exchange liquidity and growing confidence in Nigeria's FX market. Here's what the latest CBN data means for businesses, importers, students paying tuition abroad, and everyday Nigerians.
SMEDAN's New N500m Interest-Free Fund: How Nigerian Small Business Owners Can Access It — SMEDAN just launched a N500 million zero-interest "Grow Fund" for Nigerian small businesses — but you can't apply as an individual. Here's exactly how the new association-based model works and how to position your business to benefit.
How to Start a Business in Nigeria in 2026 With Little Capital — Complete Step-by-Step Guide — Want to start a business in Nigeria in 2026 but don't have much money? This step-by-step guide covers the best low-capital business ideas, how to register with CAC, how to fund your business, and how to grow it.
10 Legit Side Hustles for Nigerians in 2026 That Actually Pay — Discover the 10 best side hustles for Nigerians in 2026 that actually generate income. From freelancing to VTU, AI services, and more — with realistic earnings and how to get started.
Why Food Is So Expensive in Nigeria — and What Can Actually Fix It — These are not luxuries. They are the building blocks of what Nigerians eat every day — the ingredients of jollof rice and egusi soup and fried plantain and all the dishes that make Nigerian food what it is. And in the past three years, the cost of these basics has increased so dramatically that a significant proportion of Nigerian families have been forced to reduce how much they eat, cut back on protein, or skip meals entirely.
How Nigeria's Young People Are Quietly Building the Economy the Government Cannot — There is an economy running inside Nigeria that does not appear in the federal government's official projections, does not benefit from the Central Bank's intervention programmes, and does not wait for the National Assembly to pass enabling legislation.
The Dangote Refinery One Year On: Has It Actually Changed Anything for Ordinary Nigerians? — When the Dangote Petroleum Refinery finally began processing crude oil at meaningful scale, the reaction from Nigerians was a mixture of pride, relief, and cautious expectation. Here, at last, was the thing that was supposed to change everything — a 650,000-barrel-per-day refinery sitting on the edge of the Lagos lagoon, the largest single-train refinery in the world, built by a Nigerian for Nigeria.
How to Make ₦100,000 Monthly From Your Phone in Nigeria in 2026 — Discover legitimate ways Nigerians can earn ₦100,000 or more monthly using only a smartphone and internet connection.