The Lagos
The Vice Presidential candidate of the Nigeria Democratic Congress (NDC), Rabiu Kwankwaso, has said a government led by the party’s presidential candidate, Peter Obi, would reintroduce fuel subsidy, but through a different approach. Kwankwaso, a former Kano State governor, said t...
The Transmission Company of Nigeria (TCN) on Tuesday unveiled its anti-corruption policy documents to ensure transparency and accountability in discharging its responsibilities. The documents include the Anti-Bribery and Corruption Policy, the Anti-Money Laundering and Fraud Poli...
The Peoples Democratic Party (PDP) has criticised President Bola Tinubu’s decision to extend his working vacation in Europe, saying he should be in Nigeria addressing the security and economic challenges facing citizens. The party also faulted the President for not attending the ...
CBN said its previous reforms have improved Nigeria's macroeconomic conditions, and the latest policy reset is intended to strengthen how monetary policy operates without abandoning its focus on inflation. The post Multiple FX windows cost Nigeria 3% of GDP – CBN appeared first o...
Justin Welby was received by Governor Caleb Mutfwang and other political and religious leaders in Jos. The post Former Archbishop of Canterbury visits Plateau, meets Mutfwang appeared first on Premium Times Nigeria ....
By Ibrahim Hassan-Wuyo The Christian Association of Nigeria, CAN, Northern States and Federal Capital Territory, FCT, has condemned the continued killings and destruction of property in Plateau State, urging the Federal and state governments to take immediate steps to restore pea...
There is a particular kind of quiet that settles over a shop in Balogun Market when the owner returns from the moneylender. Consider a textile trader who has just closed the best season of her working life. The lace is moving, the Ankara is moving, the customers from Cotonou have...
Mr Fagbemi said this while reacting to Nigeria’s victory in the International Arbitration instituted by Sunrise Power and Transmission Company Limited (Sunrise) and its principal, Leno Adesanya. The post Nigeria won’t be soft target for predatory litigation, arbitration – Fagbemi...
The growth of digital services across Africa creates opportunities for businesses, but success often depends on understanding individual countries. A service that performs well in Nigeria may require a different strategy in Kenya or South Africa. The post How Africa’s digital eco...
*Links hardship, social unrest to failure of productivity Former Cross River state governor and presidential candidate of Peoples Redemption Party, PRP, Donald Duke, said yesterday Nigeria’s economy has effectively shrunk since the Second Republic because government spending and ...
Nigeria is considering a major change to the taxation of sugar-sweetened beverages (SSBs) through an amendment to the Customs, Excise Tariff, Etc. (Consolidation) Act (CETA). The proposed amendment would replace the existing ₦10 per litre specific excise duty with an ad valorem t...
MKH Properties Limited has formally signed a ₦30 billion Commercial Paper Programme, marking one of the most significant capital market moves by a Nigerian real estate developer in recent years.The signing ceremony took place at Four Points Sheraton, bringing together the company...
The Alliance for Economic Research and Ethics Ltd/Gte has urged the Federal Government and the Central Bank of Nigeria, CBN, to ensure that their new fiscal-monetary coordination translates economic growth into tangible improvements in Nigerians’ living standards. The Alliance ma...
Mr Bessent also said any airport or company that provides them fuel, landing services or ticket sales will be "knocked out of the dollar system." The post US threatens the world not to provide services to Iranian planes appeared first on Premium Times Nigeria ....
By Okeagu Oluchi President of Dangote Group, Aliko Dangote, has announced plans to invest more than $10 billion in Africa’s power sector over the next three to four years, describing electricity as critical to the continent’s economic transformation. Dangote disclosed this in an ...
Nigerians can invest in Dangote Petroleum Refinery and Petrochemicals FZE with a minimum subscription of N5,250 under an initial public offering launched Monday. The company is offering 4.1 billion ordinary shares at N525 each. FCMB Group Chief Executive, LadiBalogun, said the of...
Aliko Dangote has disclosed plans to invest more than $10 billion in power, as he identified electricity as critical to Africa's economic growth. The post Dangote targets $10 billion power investment, considers cancelling steel business appeared first on Nairametrics ....
If King Jaja of Opobo were alive today, where would he stand amid Nigeria’s diplomatic pressure, economic uncertainty and deepening social tension—and what would he do? Would he negotiate, confront, build, or turn adversity into leverage? History is most useful when it refuses to...
Nigerian business leaders urge the FG to ban foreign last-mile retailers, warning that Chinese traders threaten to wipe out local SMEs, the economy’s ancho Read More: https://punchng.com/business-leaders-demand-ban-on-foreign-last-mile-retailers/...
The CEO of Prudential Africa, Emmanuel Mokobi Aryee, has reaffirmed the company’s commitment to raising industry standards in Nigeria and across the contin Read More: https://punchng.com/prudential-africa-ceo-reaffirms-commitment-to-raising-industry-standards/...
By YUSUF KOLAWOLE Nigeria’s retail sector is one of the most important pillars of the country’s economy. From the small provision shop on the street corner to supermarkets, open markets, distributors and large wholesale businesses, millions of Nigerians depend directly or indirec...
The witness narrated how several transactions passed from the Bauchi State sub-treasury account into the account of JASFAD Resources Enterprises. The post Witness details alleged transfers of Bauchi funds to private company in accountant-general’s trial appeared first on Premium ...
A compliance officer with United Bank for Africa (UBA), Williams Abimbola, has told the Federal High Court in Abuja how funds were allegedly transferred from a Bauchi State Government sub-treasury account to a private company, JASFAD Resources Enterprises. Abimbola testified on M...
Zamfara government and the airline company signed an Air Route Development Partnership Agreement for scheduled commercial flights between Gusau International Airport and Nnamdi Azikiwe International Airport, Abuja. The post XEJet partners Zamfara govt, begins Abuja-Gusau commerci...
The insurance company disclosed the changes in separate notices filed with the Nigerian Exchange Limited on Monday. The post SUNU Assurances appoints new director, external auditor appeared first on Premium Times Nigeria ....
….Says Nigeria has over 100 gas-flaring sites By Daniel Abia, P/Harcourt PORT HARCOURT — Dutch energy company, Energy Ventures B.V., has commenced moves to end gas flaring in parts of Rivers State and convert the associated gas into electricity and Liquefied Petroleum Gas, LPG. T...
Residents in Abuja’s FCT lament worsening economic hardship as the latest fuel price hike to N1,500/litre increases transport fares and living costs. Read More: https://punchng.com/fct-residents-lament-hardship-over-fuel-price-hike/...
Lagos-based agro-commodity trading firm, Equinorth Capital Limited, has applauded Sterling Bank for playing a central role in its trade business growth since the company commenced operations in 2020. This, according to the company, has engendered its market presence and its race ...
The Bishop of the Diocese of Lagos West, Anglican Communion, Right Rev. James Odedeji, has warned judges and lawyers against allowing wealth, influence, status or personal interests to undermine the administration of justice. Odedeji gave the warning on Monday while delivering a ...
Over 67% of Nigerians are demanding the reinstatement of the fuel subsidy, rejecting the federal government’s current petrol pricing framework amid escalating economic pressure. The post Over 67% of Nigerians surveyed demand fuel subsidy restoration, SBM says appeared first on Na...
The Transmission Company of Nigeria has begun repairing four vandalised towers along the Afam-IPP-Elelenwo 132kV transmission line in Rivers State. Read More: https://punchng.com/tcn-repairs-four-vandalised-power-lines-in-rivers/...
The way we shop has changed. A purchase that once started with a visit to a store or a retailer’s website can now begin with a social media post, a friend’s recommendation, a marketplace listing, or simply a message on your phone. As more Nigerian businesses and shoppers move onl...
From the housemates on screen to the creators, brands, media and businesses building around the show, BBNaija has become much bigger than a television programme. The post Entertainment, Economy and Opportunity: Understanding BBNaija’s wider impact appeared first on Premium Times ...
Consultancy Services for the Establishment of a National Knowledge Process Outsourcing (KPO) and High-Value IT-Enabled Services Industry Under the Outsource To Nigeria Initiative (OTNI) The post Request for Expression of Interest- Consultancy Services for the Establishment of a N...
By Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria (CBN) and the Federal Ministry of Finance have signed a Memorandum of Understanding (MOU) on Monetary-Fiscal Policy Coordination to strengthen their partnership in the pursuit of stronger macroeconomic management, lasti...
Nigeria’s fiscal and monetary authorities have signed an MoU for closer coordination on inflation, borrowing, and forex to tackle economic challenges. Read More: https://punchng.com/fiscal-monetary-coordination-deepens-as-nigeria-battles-inflation/...
By Ivo Takor The continuing rise in the price of petrol has moved beyond the realm of energy policy and economic statistics. It has become a serious question of human welfare, social justice and the ability of ordinary Nigerians to live with dignity. Across the country, Nigerians...
The Centre for the Promotion of Private Enterprise, CPPE, has called for a review of business permits, expatriate quotas and immigration approvals for foreign nationals operating in Nigeria’s retail and distributive trade sectors. The group said the growing presence of foreign tr...
Indonesia’s state-owned oil company, Pertamina, is considering investing in Nigeria’s upstream sector, signalling interest in the 2026 oil licensing round. Read More: https://punchng.com/foreign-oil-firm-eyes-nigerias-2026-oil-licensing-round/...
At the centre of the dispute are majority shareholders who collectively own 65 per cent of the company and a minority shareholder, Chen Dongfeng, who they say holds about eight per cent equity but has allegedly assumed effective control of the business. The post EXCLUSIVE: Chines...
The Catholic Bishops’ Conference of Nigeria has rejected the proposed Foreign Aid Bill 2026, urging the National Assembly to halt its enactment. Read More: https://punchng.com/catholic-bishops-reject-foreign-aid-bill/...
The singer also used the occasion to introduce his latest business venture, a food brand. The post 2Baba’s kids, industry stars attend his 51st birthday album listening party, Natasha absent appeared first on Premium Times Nigeria ....
By Olayinka Latona ABUJA — The Catholic Bishops Conference of Nigeria, CBCN, has called on the National Assembly and the Federal Government to halt moves to enact the Foreign Aids (Regulation, Transparency and Disclosure) Bill 2026, warning that the proposed legislation could und...
Nigeria faces a public health and economic crisis from counterfeit products. NAFDAC warns of a growing local trade in fake medicines, food, and other goods Read More: https://punchng.com/stop-counterfeit-products/...
Despite pressure from some of his aides, President Buhari remained unconvinced that Nigeria should pay USD 200, to Leno Adesanya and his Sunrise company regarding the Mambilla project. The post Mambilla: How and why Sunrise, Leno Adesanya, lost at ICC tribunal in Paris appeared f...
Convener of The Alternative, Otunba Segun Showunmi, has criticised former Vice President Atiku Abubakar’s proposal to restore petrol subsidy, describing it as overtly and inordinately ambitious. Showunmi said Nigeria would never return to Egypt, insisting that subsidy has failed....
Data reviewed by Nairametrics show that the 10 overseas operations of Access Bank, First HoldCo, Zenith Bank, UBA and Guaranty Trust Holding Company (GTCO) included in this analysis had combined assets of about N40.66 trillion at the end of FY2025. The post Meet CEOs of Nigeria’s...
Agriculture and exports remain critical to Nigeria’s efforts to diversify its economy and achieve sustainable economic growth, FirstBank Group Chief Executive Officer, Olusegun Alebiosu, has said. The post FirstBank CEO: Agriculture, exports critical to Nigeria’s economic diversi...
Meanwhile, Ms Ugwu was among the directors of Partnership Investment Company, suspended for a period of five years in the capital market. The post NASD appoints Arese Ugwu as acting MD, nine years after SEC suspension appeared first on Premium Times Nigeria ....
By Olayinka Latona LAGOS — The Catholic Bishops Conference of Nigeria (CBCN) has called for an end to insecurity, poverty and what it described as bad governance, saying violence, poor infrastructure and economic hardship continue to undermine the wellbeing of Nigerians. The bish...
The ruling party said criticism of the government’s policies was not enough, arguing that Atiku, the ADC presidential candidate, should tell Nigerians how he intends to address the country’s economic problems and improve their living standards. The post APC challenges Atiku to pr...
The appointment, the company said, reinforces Access Bank’s commitment to strong governance, prudent risk management and sustainable stakeholder value. The post Access Holdings appoints Orimoloye as Access Bank executive director, risk management appeared first on Premium Times N...
Google’s consumer AI model Gemini hacked multiple systems through guessing login credentials, the company told AFP on Friday. This is the latest case of rogue AI cybersecurity transgressions, which have generated safety concerns. Read Also: AI could ‘kill all humans’: How safe ar...
The National Publicity Secretary of the All Progressives Congress, APC, Felix Morka, has faulted the presidential candidate of the African Democratic Congress, ADC, Atiku Abubakar, over his call on President Bola Tinubu to reduce petrol prices and ease the economic burden on Nige...
The International Chamber of Commerce, ICC, arbitration tribunal has found that former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, and Leno Adesanya, promoter of Sunrise Power and Transmission Company Limited, reached a corrupt deal over the Mambi...
Scotland-based lawyer and MSBM CEO, Tolulope Ariyibi-Oke, shares how her determination to defy poverty shaped her journey from hawking bread in Nigeria. Read More: https://punchng.com/poverty-shaped-my-journey-from-bread-seller-to-uk-business-leader-scotland-based-msbm-ceo-ariyib...
The Social Democratic Party has promised to rebuild Nigeria’s economy and address its socio-economic and security challenges if elected in the 2027 polls. Read More: https://punchng.com/2027-sdp-pledges-to-rebuild-economy/...
President Bola Tinubu met with the chairman of Bolloré Group in Paris to seek increased investment in Nigeria’s film, entertainment, and digital sectors. Read More: https://punchng.com/tinubu-woos-french-business-group-for-more-investment-in-nigeria/...
By Henry Umoru ABUJA — The Confederation of West African Youths has called for greater youth participation in governance, accountable leadership and policies capable of creating more economic opportunities for young Nigerians. The Regional President of the organisation, Ambassado...
