The Lagos
The Nigerian Exchange Group (NGX Group) has begun baseline assessments for companies participating in its N-Zero initiative as part of efforts to help businesses measure their climate readiness and develop credible pathways towards net-zero emissions. The assessment is expected t...
By Adeola Badru Yoruba nation activist, Chief Sunday Adeyemo, popularly known as Sunday Igboho, has called on Nigerians to rally behind the security initiatives of President Bola Tinubu’s administration, saying sustained national economic growth cannot be achieved without a safe ...
…discloses dispute with e-hailing firms By Dickson Omobola The Federal Airports Authority of Nigeria (FAAN), Friday, denied responsibility for the exit of the ride-hailing platform, Uber, from Nigeria, saying the company’s decision must have been based on its own economic and reg...
By Sekinat Osundiji Oyo State Governor Seyi Makinde has called for a rethink of Nigeria’s petroleum pricing system, saying the debate should no longer be limited to whether fuel subsidy should be removed or restored. Makinde argued that as an oil-producing country, Nigeria should...
The Minister of State for Foreign Affairs said the ministry’s attention had been drawn to “false and mischievous claims” suggesting that the failed coup had the support of the Economic Community of West African States (ECOWAS) and, by implication, the endorsement of Nigeria. The ...
OPay, Nigeria’s leading fintech company, has reaffirmed its long-term commitment to the country amid a recent false social media claim that it would suspend its operations in Nigeria. The fintech said its commitment to Nigeria extends beyond its day-to-day financial services, hig...
Lagos State Government empowers 733 widows with skills acquisition, grants, and economic support programs to improve welfare and promote self-reliance. Read More: https://punchng.com/lagos-supports-733-widows-with-empowerment-programmes/...
Atiku Abubakar raises alarm over young Nigerians selling kidneys due to economic hardship under Tinubu’s administration. Learn about the alarming trend. Read More: https://punchng.com/atiku-decries-economic-hardship-driving-youth-to-sell-kidneys/...
By Ayobami Okerinde Former Vice President Atiku Abubakar has expressed concern over reports that some young Nigerians are selling their kidneys to raise money amid the country’s worsening cost-of-living crisis. Atiku raised the concern in a post on X on Friday, saying young Niger...
In today’s Nigerian newspapers review programme, Today in the News, Vanguard leads with the Manufacturers Association of Nigeria (MAN) warning that Nigeria’s 4.43 percent economic growth in the second quarter of 2026 (Q2’26) is masking a deepening industrial crisis, with manufact...
Nigerian Exchange Group (NGX Group) has commenced corporate baseline assessments under its N-Zero initiative, marking the next phase of its effort to help Nigerian businesses strengthen climate readiness, develop credible net-zero pathways and position for emerging opportunities ...
The Initiates Plc (NGX: TIP), Nigeria’s first and only listed waste management company, has paid an interim dividend of 20 kobo (₦0.20) per ordinary share to shareholders for the half-year ended 30 June 2026. The interim dividend, which was paid on 31 August 2026, reinforces the ...
Leading Nigerian fintech, OPay, has dismissed viral claims of an impending shutdown and reaffirmed its long-term commitment to Nigeria’s digital economy, customers, and merchants. The company made the clarification on Wednesday, September 2, 2026, during a Live Town Hall in Lagos...
Nigeria has denied claims that it backed the recent failed coup attempt in the Niger Republic, rejecting allegations that the operation had the support of the Economic Community of West African States (ECOWAS) and, by extension, the Federal Government. The post Nigeria denies bac...
Here are some of the major companies that have either fully exited, ended significant local operations or substantially scaled back their Nigerian businesses since 2023. The post 7 global companies that have pulled back from Nigeria under Tinubu appeared first on Nairametrics ....
The withdrawal of Burkina Faso, Mali and Niger from the Economic Community of West African States has weakened key mechanisms for regional integration and created a major challenge to cooperation within West Africa, the Presidency has said. Special Adviser to President Bola Tinub...
ABUJA — Ride-hailing rivals Bolt and inDrive are moving to strengthen their presence in Nigeria following Uber’s abrupt exit from the country after about 12 years of operations. Uber announced its departure from the Nigerian market on September 2, citing “evolving business priori...
***Services dominate at 56.62% as industry plunges to 3.96% ***Nigerians’ well-being, measures economy, not GDP—Daniel By Yinka Kolawole Nigeria’s 4.43 percent economic growth in the second quarter of 2026 (Q2’26) is masking a deepening industrial crisis, with manufacturing and t...
Learn how Nigerian companies can integrate sustainability into core business strategy, moving beyond compliance to drive long-term value and resilience. In Read More: https://punchng.com/spin-urges-firms-to-make-sustainability-core-strategy/...
Discover why Nigeria’s informal sector is crucial for job creation and economic growth, despite challenges like taxation and lack of formal support. Read More: https://punchng.com/informal-sector-key-for-job-creation-economic-growth-don/...
Nigeria targets faster economic growth by 2026 as crude oil production recovers, supported by structural reforms and improved macroeconomic conditions. Read More: https://punchng.com/nigeria-eyes-faster-growth-as-oil-production-recovers/...
The award was part of activities marking the centenary of the newspaper, which began publication in 1926 and has chronicled Nigeria’s political, economic, social and cultural development over the past century. The post Gov Lawal receives Outstanding Governor Award at Daily Times ...
The real policy challenge is, therefore, not merely how much should a Nigerian worker be paid? It is also what kind of economic system surrounds that worker, how much productive value does that system enable the worker to generate, and how much of that value survives the structur...
By Johnbosco Agbakwuru In a move to boost energy security and economic growth, Nigeria and the International Energy Agency signed an agreement establishing a Joint Work Programme to improve data for energy policy and investment throughout the value chain. This is as the Vice Pres...
Nigeria and the International Energy Agency (IEA) have signed an agreement for a Joint Work Programme to strengthen strategic partnership in the development of data for energy policy and investment across the value chain for economic growth and energy security. This is just as th...
"Areas of potential collaboration include the development and upgrade of hospitals, provision of modern medical equipment, pharmaceutical support, and deployment of digital health solutions across all Army establishments." The post Buratai’s company, foreign partners seek to ‘mod...
By Luminous Jannamike ABUJA — The African Democratic Congress, ADC, has described Uber’s exit from Nigeria as fresh evidence that the country is becoming a ‘graveyard of businesses’. The party said the departure of the global ride-hailing company after 12 years was at odds with t...
Cutix, who manufactures electrical, automobile, and telecommunication wires and cables said the auditors’ decision followed “a strategic review of their audit portfolio.” The post Cutix Plc’s external auditors resign after six years with company appeared first on Premium Times Ni...
By Favour Ulebor ABUJA — The Federal Government has dismissed claims circulating on social media that Nigeria and the Economic Community of West African States (ECOWAS) supported the recent failed coup attempt in Niger Republic. The Minister of State for Foreign Affairs, Ambassad...
By Favour Ulebor ABUJA — The Federal Government has assured Nigerian auto spare parts dealers in Angola of its commitment to protecting their investments and promoting the interests of Nigerians living and doing business abroad. The Minister of Foreign Affairs, Ambassador Bianca ...
Nigeria’s growing technology and transportation ecosystem has received another boost with the emergence of ProTaxi, a homegrown e-hailing platform developed by PromiseLand Innovations Limited, as the company moves to provide Nigerians with an affordable, accessible and technology...
For years, running a shop in Nigeria meant living with cash. Customers came in from morning till closing with naira notes, neat or crumpled, and the day ended with the owner deciding where to hide the day’s yield. Shops became soft targets, because robbers knew that however slow ...
The Nigerian Society of Engineers reviews NDDC projects, highlighting their significant economic impact by connecting communities and boosting commerce in Read More: https://punchng.com/nse-reviews-nddc-projects-highlight-economic-impact/...
Nomba, the Lagos-headquartered fintech startup, has raised a $3 million debt facility through CardinalStone Finance Company Limited to expand its cross-border payments infrastructure. The post Nomba raises $3 million debt facility to scale Africa-Asia cross-border payments appear...
LAGOS — Senator representing Ogun East, Gbenga Daniel, has said the true measure of Nigeria’s economic progress should be the lived experiences of citizens rather than growth in Gross Domestic Product (GDP) alone. Daniel spoke on Thursday at the 7th Annual Lecture of Freedom Onli...
"We have made efforts to improve the economy; we have not improved investor confidence for hawkers to come to Kenya," President Ruto said. The post Kenyan president orders shutdown of foreign-owned small business appeared first on Premium Times Nigeria ....
The African Democratic Congress (ADC) has criticised President Bola Ahmed Tinubu’s economic policies, describing Nigeria as a “graveyard of businesses” following Uber’s reported exit from the country. The opposition party said the reported departure of the global ride-hailing com...
By Godwin Oritse Lagos is set to host leading stakeholders from Nigeria and the international maritime community as Zoe Maritime Resources Limited convenes the 11th International Maritime Business-to-Business Conference and Exhibition, as part of the Lagos International Maritime ...
Nomba, a Nigerian fintech that enables businesses to collect payments and access banking services, has raised a $3 million debt facility through CardinalStone Finance Company Limited, the financing arm of CardinalStone Group, to expand its cross-border payments infrastructure acr...
Uber’s decision to exit Nigeria adds another prominent multinational to the growing list of foreign businesses that have either left the country, sold their local operations or significantly changed their business models since 2023. The post Uber exit exposes the pitfalls of Tinu...
The United States Consulate in Lagos says it is actively working to facilitate technology and investment partnerships between Nigerian entrepreneurs and American businesses. The post US targets more tech investment deals with Nigerian entrepreneurs appeared first on Nairametrics ...
Bolt, the Estonian ride-hailing company, says it will stay in Nigeria and continue investing after rival Uber’s suprising exit. In a statement shared with TechCabal on Wednesday night, Bolt described Nigeria as an important market for its growth. Uber’s departure leaves Bolt as t...
Nigeria’s overall economic activity expanded for the third consecutive month in August 2026, with the Composite Purchasing Managers’ Index (PMI) rising to 52.7 points from 51.1 points in July. The post CBN: Nigeria’s economic activity expands for third month as composite PMI rise...
The Chairman of First HoldCo Plc, Mr. Femi Otedola's disclosed and implied shareholding in the Tier 1 lender has jumped dramatically to N1.82 trillion in market value since the company's half-year (H1 2026) financial statements were filed with the Nigerian Exchange Limited (NGX) ...
By Victor AhiumaYoung, Precious Enaike & Omotola Aremo The Association of Senior Civil Servants of Nigeria, ASCSN, yesterday said Nigerians have seen no sign of economic growth according to the gross domestic product, GDP, released by the federal government on Tuesday. President ...
x402 gives software a native way to pay. voidpay is building what lets agents privately hire for a result: sealed work, a rule fixed before the job starts, completion checked by machine, and payment that settles from the buyer's wallet when the rule passes....
Nigeria and Niger Customs met to strengthen Kamba border trade, aiming to boost revenue and ease economic hardship for communities along the corridor. Read More: https://punchng.com/nigeria-niger-customs-seek-stronger-kamba-border-trade/...
For some time now, one Basil Ogbuanu, said to be a Lagos-based businessman, has been up and about dragging the name of Senator Jim Nwobodo and his wife, Patricia. At issue is a piece of land at an estate owned by the former governor of old Anambra State. I hear the matter is alre...
Nigeria’s private sector credit reached N83.43tn in July, showing sustained lending to businesses despite the CBN’s tight monetary policy and high interest Read More: https://punchng.com/private-sector-credit-hits-n83-43tn-amid-high-interest-rates/...
The World Bank will support reforms to Nigeria’s electricity tariff and subsidy frameworks to restore financial sustainability in the power sector. Read More: https://punchng.com/wbank-backs-tariff-subsidy-reforms-in-nigerias-power-sector/...
