The Lagos
OKX, a leading global cryptocurrency exchange and onchain technology company serving over 150 million customers worldwide, has announced the launch of OKX Money. The app debuted globally on October 6 during OKX Now, the company’s flagship product event, with Nigeria, Kenya and So...
In this interview with Nairametrics, Runsewe sets out the questions investors ask before backing Nigerian businesses, why a strong product alone may not be enough, and why founders need to prove something before trying to prove everything. The post Investors are raising the bar f...
By Johnbosco Agbakwuru ABUJA–PRESIDENT Bola Tinubu has expressed grief over the passing of Chief Ralph Obioha, a respected statesman, former lawmaker, businessman and prominent figure in Nigeria’s pro-democracy struggle. The President extended his heartfelt condolences to Chief O...
Nigeria proved the demand for digital currency remittances before anyone built a proper product for it. What’s still broken is the last step: turning a stablecoin into naira or cedis in someone’s bank account. Any business entering this corridor wins or loses on that step. The de...
As the global community celebrates Customer Service Week 2026, Nigeria’s leading Internet Service Provider Spectranet has reaffirmed its commitment to placing customers at the centre of its business operations as it embarks on the next chapter of its 15-year journey.In alignment ...
The training is being organised in collaboration with the Agribusiness Incubation Centre, Michael Okpara University of Agriculture, Umudike The post Abia trains ward agricultural coordinators, extension personnel appeared first on Premium Times Nigeria ....
By Yinka Kolawole President Bola Tinubu has declared that Nigeria will no longer be content with exporting raw materials and importing finished products, saying the country is determined to become Africa’s industrial workshop. Tinubu, who was represented by the Minister of State ...
•As Nigerians, businesses groan over 3,885.72MW generation; •NERC: Metering, billing, supply interruptions dominate complaints •DISCOs’ ATC&C losses hit 36.23% in Q2 By Ediri Ejoh Nigerians and businesses are set to grapple with worsening electricity supply as power generation ye...
By Oneme Onyeme The Nigerian Economic Summit Group (NESG) has urged state governments to take the lead in driving economic growth and development by leveraging their unique economic potentials, improving the investment climate and creating jobs to promote shared prosperity across...
Energy experts have raised serious questions over the Nigerian National Petroleum Company Limited, NNPCL, N11.2 trillion spending on pipeline surveillance and security, as contained in its 2025 audited financial statement. Recall that last week, NNPCL released its audited 2025 fi...
Moniepoint says Nigerian lenders should assess businesses based on how they earn and move money rather than the collateral they can pledge, as formal credit use among Nigerian adults increased to 10% in 2026 from 6% in 2023. The post Cash flow, not collateral, should drive lendin...
Businesswomen Folorunso Alakija and Stella Okoli have urged Nigerian women to move beyond having a voice to creating value and making a societal impact. Read More: https://punchng.com/alakija-okoli-urge-women-to-create-value-make-impact/...
A Nigerian tech startup, 3650HQ, has launched a platform to help businesses reduce the cost and complexity of managing customer conversations on WhatsApp. Read More: https://punchng.com/firm-tackles-rising-whatsapp-costs-for-businesses/...
By Chioma Gabriel There are lives that can be measured by what a man accumulated, and there are lives that must be measured by what he was prepared to lose for an idea. Chief Ralph Obioha belonged to the second category. For a man who built businesses, entered politics, sat in th...
An organisation, The Pivot, is set to hold a conference in Awka to drive digital and economic transformation in the South-East region of Nigeria. Read More: https://punchng.com/why-seast-needs-digital-transformation-to-drive-growth/...
By Jimitota Onoyume The Sole Representative of the Olu of Warri, Ogiame Atuwatse III, to the Nigerian National Petroleum Company Limited (NNPCL) and its Joint Venture partners, Prince Collins Edema, has dismissed as untrue claims that the monarch receives N2.7 trillion annually f...
By Clifford Ndujihe, Politics Editor NIGERIA’S pro-democracy movement has lost one of its notable voices, Chief Ralph Obioha, a businessman, politician, elder statesman and founding member of the National Democratic Coalition, NADECO, who died on October 3, 2026, aged 80. His dea...
The presidential candidate of the Nigeria Democratic Congress, Peter Obi, says he will restore the fuel subsidy if elected, but will first eliminate corrup Read More: https://punchng.com/ill-restore-fuel-subsidy-but-eliminate-corruption-obi/...
By Yinka Kolawole Lagos — President Bola Tinubu has declared that Nigeria will no longer be content with exporting raw materials and importing finished products, saying the country is determined to become Africa’s industrial workshop. Tinubu, represented by the Minister of State ...
By Obas Esiedesa, Abuja The Central Bank of Nigeria (CBN) has said Nigeria is on a path towards greater economic stability, increased competitiveness and sustainable growth following ongoing monetary, financial and foreign exchange reforms. The Director, Stakeholder Engagement an...
When Airtel Money lists on the London Stock Exchange later this month, it will do so without its struggling Nigerian fintech business. A Central Bank of Nigeria (CBN) directive required the mobile money business to transfer its 25% stake in SmartCash, the vehicle through which Ai...
Nigerian personal care company Everkind Limited has launched Cotique, a sanitary pad brand designed to provide women and girls with a more comfortable and skin-friendly menstrual care option. The launch marks Everkind’s entry into Nigeria’s feminine hygiene market, with the compa...
The World Bank has upgraded its 2026 economic growth forecast for Nigeria and other African countries to 4.3 percent from 4.1 percent. The international lender disclosed this in its Africa Economic Update report, released on Tuesday. The African countries that received upgraded g...
NES #32 to Centre Investment in the Economy and People as Drivers of Jobs, Productivity and Shared Prosperity Economic transformation does not happen by chance. It is built on investment — investment in businesses, industries, infrastructure, innovation, and most importantly, peo...
The Lagos-based company retained its lead among Nigerian-owned music firms despite a 43.4 per cent year-on-year decline in its market share. The post Dapper beats YBNL, Starboy, Mavin in mid-year market-share ranking appeared first on Premium Times Nigeria ....
Peoples Redemption Party, PRP, presidential candidate and former Cross River State governor, Donald Duke, has warned that Nigeria’s worsening economic and security challenges have left the country with no room for experimental leadership. He said anyone seeking to govern the coun...
The World Bank has raised Nigeria’s 2026 economic growth forecast to 4.3% from 4.0% in 2025, with growth projected to reach 4.4% annually in 2027 and 2028. The projection was contained in the World Bank’s October 2026 Africa Economic Update obtained by Nairametrics on Tuesday. Th...
The Group Managing Director of Black Pelican Group, a leading name in Nigeria’s premium lifestyle and interior solutions sector, Michael... The post The Economics of Consumer Confidence in a Changing Market appeared first on Nairametrics ....
Minister of Communications, Innovation and Digital Economy Bosun Tijani has identified Milsat, a Nigerian startup founded by Taslim Saluadeen and Adedamola Baderinwa, as the company behind the technology powering the country’s new National Digital Postcode system. The post Bosun ...
•Up four places in Bloomberg’s ranking By Yinka Kolawole Nigeria has emerged as the biggest climber among major African economies in Bloomberg Economics’ 2026 Investment Risk-O-Meter, rising four places to eighth position on the back of improved economic and fiscal fundamentals. ...
By Babajide Komolafe Capital importation into the country rose by 101.8 per cent, year-on-year, YoY to $16.41 billion in the five months to May 2026 from $8.13 billion in the same period of 2025. Vanguard analysis of the monthly economic reports of the Central Bank of Nigeria, CB...
The Presidency has cautioned Nigerians against denigrating President Bola Tinubu with baseless sovereign debt alarms. President Bola Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga, said the President and his economic team were responsible leaders. He was react...
Nigeria has risen four places to eighth in Bloomberg’s latest Africa investment risk ranking, driven by President Bola Tinubu’s economic reforms. Read More: https://punchng.com/nigeria-overtakes-four-nations-in-africa-investment-ranking/...
The Nigerian Economic Summit Group (NESG) has urged states to compete for private investment by improving governance and creating business-friendly environ Read More: https://punchng.com/states-must-compete-for-private-investment-nesg/...
Partnership unites an ambitious Nigerian consumer goods company and one of the country’s most celebrated football clubs, with a shared commitment to youth development. Rafa Corporation, the company behind the rapidly growing Rafa Detergents brand, has signed a three-year shirt sp...
Apapa-Iganmu holds a special place in Seven-Up Bottling Company's history, as the company rolled out its first bottle of 7UP from the community in 1960. The post Seven-Up Bottling Company advances community wellbeing appeared first on Premium Times Nigeria ....
The prosecution witness brought by the EFCC said he received approximately N700 million from Gassol LG into his company's account between 2019 and 2021. The post How Taraba LG ‘subventions’ were diverted during Gov Ishaku’s tenure – Witness appeared first on Premium Times Nigeria...
Country now eighth most investable African economy By Yinka Kolawole LAGOS — Nigeria has emerged as the biggest climber among major African economies in the 2026 Bloomberg Economics Investment Risk-O-Meter, rising four places to eighth position on the back of improved economic, f...
Nigeria rose four places to eighth in the 2026 Bloomberg Economics Investment Risk-O-Meter, overtaking Rwanda, Tanzania, Kenya and Namibia as reforms improved its performance across three of the five metrics assessed. The post Nigeria rises four places to 8th in Bloomberg’s most ...
For a consumer in Lagos paying online or a business accepting a digital payment in Abuja, a transaction takes only seconds, but a complex web of technology works in real time behind the scenes to verify its legitimacy. As Nigeria’s digital payments ecosystem expands rapidly, bols...
Nigerian socialite and businessman, Cubana Chief Priest, has flaunted his ongoing weight-loss transformation. He threw a playful challenge at those who had mocked his appearance. The socialite shared new photos showing his slimmer physique and noted that he is curious to see what...
The government ordered that all economic and other activities in the market remain suspended pending the conclusion of investigations and appropriate action against those responsible. The post Anambra market shut after inter-communal clash claims 5 lives appeared first on Premium...
Vice President Kashim Shettima says more than 40,000 women are to receive business capital under the Nigeria for Women Programme Scale-Up, while Governor Dikko Radda says Katsina has contributed over N4 billion and approved another N4 billion for the programme. The post Shettima ...
Ogun State has taken its investment pitch to the global stage, wooing international investors and development partners with its expanding industrial base, strategic infrastructure, agricultural potential and business-friendly reforms at a high-level side event on the margins of t...
Good morning! Here is today’s summary from Nigerian Newspapers: 1. At least 28 people have been killed in a renewed wave of attacks across three local government areas of Plateau State despite a dusk-to-dawn curfew imposed by the state government on September 21 to restore peace ...
Tony Elumelu, Chairman of Heirs Holdings, has acquired an additional six million shares in Seplat Energy Plc for £53.2 million. According to a notification filed with the Nigerian Exchange Limited (NGX) on Wednesday, the shares were bought by Heirs Energies Limited, a company con...
By Elizabeth Adegbesan The momentum of Nigeria’s economic recovery picked up significantly at the end of the third quarter, fueled by a sharp rebound in industrial activity and sustained resilience across key economic pillars. The Central Bank of Nigeria’s (CBN) Purchasing Manage...
On social media over the weekend, I watched a clip of Vice President Kashim Shettima saying fervently that President Tinubu’s economic reforms have “saved the Nigerian economy from falling into pieces”, to borrow his own words. When Tinubu assumed office, Shettima said, Nigeria’s...
Political instability and insecurity in Nigeria, like the Rivers State crisis, are exposing gaps in insurance protection for businesses against political r Read More: https://punchng.com/political-risks-expose-gaps-in-nigerias-insurance-coverage/...
An analysis of President Bola Tinubu’s foreign policy, focusing on economic diplomacy, investment drives, and Nigeria’s bid for a UN Security Council seat. Read More: https://punchng.com/economic-diplomacy-and-nigerias-renewed-international-voice/...
Vice President Kashim Shettima on Sunday flagged off the disbursement of the Community Investment Fund (CIF) under the Nigeria for Women Programme Scale-Up (NFWP-SU) in Katsina State, with more than 40,000 women set to benefit from business capital aimed at expanding enterprises,...
By Shina Abubakar, Osogbo The Osun State Government has filed an application before the Federal High Court in Lagos seeking to set aside an ex-parte order freezing its accounts over a $13.9 million and N157.5 million arbitration award in favour of Gamji Nigeria Company Limited. G...
By Obas Esiedesa, Abuja The Nigerian National Petroleum Company Limited (NNPC Ltd) reduced its total liabilities by N19.58 trillion in 2025, even as its assets declined by N17.61 trillion during the year. According to the company’s 2025 financial results, total liabilities fell b...
Scheduled for 15 to 17 October, the summit will examine how family-owned businesses can move beyond founder-led management and remain viable across generations. The post Family Business Summit 2026 to examine succession, founder dependence appeared first on Premium Times Nigeria ...
Speakers say increased representation has not given women enough access to senior management, decision-making, and economic power. The post Executive Woman Summit 2.0 to spotlight barriers to women’s executive roles appeared first on Premium Times Nigeria ....
By Chidi Nkwopara OWERRI — The welfare of Nigerians would have been considerably better than it is today if not for the socio-economic challenges and systemic corruption that have bedevilled the country over the years, the Catholic Archbishop of Owerri, Most Rev. Lucius Iwejuru U...
Public affairs analyst and All Progressives Congress (APC) chieftain, Otunba Lukman Taiwo Bakare, has urged Nigerians to look beyond short-term consumer relief and support economic reforms and infrastructure development, saying the country cannot achieve sustainable growth throug...
•Ajaero carpets Atiku, Obi, Tinubu as ‘far-right’ market politicians President of the Nigeria Labour Congress (NLC), Comrade Joe Ajaero, has said the economic positions of Accord Party and Social Democratic Party presidential candidates, Dr. Gbenga Olawepo-Hashim and Adewole Adeb...
Experts at a Lagos mentorship conference have urged Nigerian youths to see the country’s socio-economic challenges as opportunities for innovation. Read More: https://punchng.com/experts-urge-youths-to-turn-socio-economic-challenges-into-solutions/...
The dominance of banks among Nigeria's most valuable and best-performing listed companies is a sign of deeper structural weaknesses in the economy rather than evidence of economic strength. The post Bank dominance on NGX reflects structural economic problems — Experts appeared fi...
