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Business News

The Business News category on Gossip News Now delivers the latest updates, market developments, and economic insights from the world of business. This section covers corporate news, entrepreneurship, startups, investments, financial markets, industry trends, mergers and acquisitions, leadership changes, and business innovations. Readers can stay informed about the factors influencing local and global economies while gaining valuable knowledge about opportunities and challenges in the business environment.

Stay updated with Gossip News Now Business News, your trusted source for Business News, market updates, corporate developments, investment insights, entrepreneurship trends, startup success stories, economic analysis, and financial news. Through expert reporting and in-depth coverage, this category helps readers understand the evolving business landscape and make informed decisions in a competitive global economy.

Lagos State High Court

UBA Secures Court Orders in $242m Petroleum Dispute

Business NewsPublished October 23, 2026 at 8:29 AM By Harold Chiejina Nwabiani

United Bank for Africa Plc (UBA) has reportedly secured interim preservative orders from a Lagos State High Court in a $242 million petroleum-products dispute involving Swiss-based energy trading company Vitol SA and four shipping companies.…

NAICOM

NIIRA 2025: Why Nigeria’s Insurance Reforms Matter for…

Business NewsPublished October 5, 2026 at 7:32 AM By Harold Chiejina Nwabiani

Nigeria's insurance industry is entering a new phase under the Nigerian Insurance Industry Reform Act (NIIRA) 2025, with stronger regulatory standards, higher capitalisation requirements and greater emphasis on protecting policyholders. The reforms have received support…

Dollar To Naira Exchange Rate

Dollar To Naira Exchange Rate Today, October 1,…

Business NewsPublished October 1, 2026 at 8:45 AM By Harold Chiejina Nwabiani

Nigeria’s foreign exchange market remained in focus on Wednesday, September 30, 2026, as the naira was quoted at ₦1,329.1600 to the US dollar at the official market, according to data attributed to the Central Bank…

NAICOM

Insurance Recapitalisation: Insurers Urged to Support NAICOM Reforms

Business NewsPublished October 1, 2026 at 8:29 AM By Harold Chiejina Nwabiani

Nigeria's insurance sector has entered a new phase following the reported completion of its recapitalisation exercise, with stakeholders being urged to support ongoing regulatory reforms aimed at strengthening the industry. The Chairman of the Good…

Tax calculation

Nigeria Introduces New Interest Rate for Late Tax…

Business NewsPublished September 29, 2026 at 8:18 AM By Harold Chiejina Nwabiani

The Federal Government has approved a new interest regime for taxpayers who fail to settle their tax liabilities on time, with the revised system taking effect from October 1, 2026. Under the new arrangement, interest…

Naira and Dollar

Dollar To Naira Exchange Rate Today, September 26,…

Business NewsPublished September 26, 2026 at 9:49 AM By Harold Chiejina Nwabiani

The official dollar-to-naira exchange rate stood at ₦1,329.5138 to $1 on Friday, September 25, 2026, according to data attributed to the Central Bank of Nigeria (CBN), while the naira was quoted at ₦1,390 to the…

Leah Nakazwe Kooma

Liquid Expands Internet Access With New K300 Home…

Business NewsPublished September 22, 2026 at 8:55 AM By Harold Chiejina Nwabiani

Key Takeaways Liquid Intelligent Technologies has introduced a new K300 Liquid Home package in Zambia. The company has also enhanced its 4G MiFi and router offerings while adjusting speeds across its fibre packages. Liquid says…

Naira to Dollar Rate

Dollar to Naira Exchange Rate Today, September 22,…

Business NewsPublished September 22, 2026 at 8:40 AM By Harold Chiejina Nwabiani

Key Takeaways The reported official/reference dollar-to-naira rate stood at ₦1,329.8019/$1 on Monday, September 21, 2026. The rate was lower than the previous reported figure of ₦1,331.2027/$1. The parallel market closed at ₦1,389/$1 on Monday. The…

Dangote Refinery Tank

Dangote Refinery Cuts Petrol Price to ₦1,325 Per…

Business NewsPublished September 22, 2026 at 8:29 AM By Harold Chiejina Nwabiani

Key Takeaways The Dangote Petroleum Refinery has reduced its ex-gantry petrol price by ₦25 per litre, bringing it down to ₦1,325. The reduction comes just nine days after the refinery raised its benchmark by ₦85,…

Cooking gas

Cooking Gas Price Hits ₦1,300/kg in Lagos as…

Business NewsPublished September 17, 2026 at 8:37 AM By Harold Chiejina Nwabiani

The price of cooking gas has climbed to about ₦1,300 per kilogram in Lagos, adding further pressure on households and businesses that rely on Liquefied Petroleum Gas (LPG) for cooking and daily operations. The latest…

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  • ₦500,000 Minimum Wage Demand Remains as Labour Welcomes Transport Support
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  • Maduka Okoye’s Penalty Save Ends Udinese’s Losing Streak October 29, 2026
  • Morgan Rogers Reacts to Chelsea’s Penalty Shootout Defeat October 29, 2026
  • FG and Labour Reach Eight Agreements on Workers’ Welfare October 28, 2026

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