The Lagos
There is no clear economic or scientific basis driving the sharp rise in real estate prices in Banana Island, according to Olukayode Olusanya. The post Ikoyi land prices hit N6 million per sqm, Oak Holdings CEO questions the economics appeared first on Nairametrics ....
The restriction follows a suit filed by Gamji Nigeria Company Limited seeking an order to preserve funds in the state government’s accounts pending enforcement of the outstanding payment award. The post Court places restriction on Osun bank accounts appeared first on Premium Time...
Nigerian businesses identified high or multiple taxation, insecurity and high interest rates as their biggest constraints in September 2026. The post Nigeria’s tax burden, insecurity and high rates squeeze firms in September – CBN survey appeared first on Nairametrics ....
Mr Shettima the economic difficulties facing Nigerians and said the government is working on measures to reduce the impact of the hardship. The post How Tinubu ran Nigeria during four-week trip abroad – Shettima appeared first on Premium Times Nigeria ....
By Nnamdi Ojiego The Federal High Court in Lagos has ordered commercial banks to place a ‘Post No Debit’ restriction on accounts operated by the Osun State Government over a $13.9m arbitration award in favour of Gamji Nigeria Company Limited. Justice D.E. Osiagor issued the inter...
By Luminous Jannamike Across the world, governments are cushioning motorists and businesses from a fresh oil shock. Nigeria’s 2027 debate is shifting from whether subsidy should exist to what form it should take, what it will cost and who will carry the bill. The latest petrol-pr...
Nigerian households became more pessimistic about economic and family financial conditions in September 2026, while their appetite for major.. The post CBN: Nigerians suspend investments, house purchases as living costs bite harder appeared first on Nairametrics ....
Vice President Kashim Shettima has said President Bola Tinubu’s economic reforms prevented Nigeria from sliding into a deeper crisis and saved the country from economic collapse. Shettima made the statement on Saturday while speaking with journalists shortly after meeting with Ti...
The Federal High Court in Lagos has ordered commercial banks to place a “Post No Debit” restriction on accounts operated by the Osun State Government over a $13.9m arbitration award in favour of Gamji Nigeria Company Limited. Justice D.E. Osiagor granted the interim order followi...
Vice President Kashim Shettima has said President Bola Tinubu’s far-reaching economic decisions saved Nigeria from economic collapse and prevented the country from “falling into pieces.” Shettima spoke on Saturday while interacting with journalists shortly after...
The Ogun State Government says it has planted five million trees and restored nine forest reserves to combat deforestation and promote sustainable forestry Read More: https://punchng.com/ogun-moves-to-curb-deforestation-with-tree-planting-drive/...
The Lagos State Ministry of Youth and Social Development has said the state government will award N30m grants to 10 young entrepreneurs under the 2026 Amplifier Business Clinic. This was disclosed in a statement made available to PUNCH Online on Saturday. According to the stateme...
By Johnbosco Agbakwuru Vice President Kashim Shettima has defended President Bola Tinubu’s economic reforms, saying the nation was “teetering on the verge of collapse” before the withdrawal of fuel subsidy and unification of exchange rates. The Vice President urged Nigerians to b...
By Efe Onodjae Veteran Nollywood actor, Kanayo O. Kanayo, has cautioned Ghanaian actors against demanding the same fees paid to Nigerian actors for movie roles. Kanayo, popularly known as KOK, spoke shortly after arriving Accra, Ghana, for a movie production. The veteran actor al...
By Egufe Yafugborhi Nobel Laureate, Prof. Wole Soyinka and other dignitaries from across Nigeria and beyond on Saturday shared the joy of the occasion as Asagba of Asaba, HRM Obi Prof. Epiphany Azinge, SAN, celebrated renowned environmentalist and businessman, Chief Newton Jibuno...
A guide for Nigerian business owners on how to apply for Bank of Industry loans through the new MyBOI online portal, including eligibility and requirements Read More: https://punchng.com/how-to-apply-for-boi-loans-as-a-business-owner/...
Billionaire businessman and Chairman of BUA Group, Abdul Samad Rabiu, visited President Bola Tinubu with his son to mark Nigeria’s Independence Day. Read More: https://punchng.com/bua-chair-rabiu-visits-tinubu-with-son-celebrates-nigeria-66/...
Meanwhile, Nigeria’s headline inflation eased marginally to 15.39 per cent in August 2026 from 15.43 per cent in July, according to the National Bureau of Statistics (NBS), while month-on-month inflation fell more sharply to 0.71 per cent from 1.57 per cent. The post Nigeria’s bu...
APC youths in the South-West have praised the Ooni of Ife, Oba Enitan Ogunwusi, for his sustained commitment to youth empowerment and economic development. Read More: https://punchng.com/apc-youths-hail-ooni-for-empowerment-initiatives/...
Former President Olusegun Obasanjo has described the late Rev. William Okoye as a statesman of faith and fearless voice of truth. Obasanjo stated this in a tribute read by Bishop Godwin Isaac at the Night of Tributes for Okoye, held at the National Christian Centre, Abuja, on Fri...
Vice President Kashim Shettima is set to launch the Nigeria for Women Programme Scale-Up (NFWP-SU) in Katsina State on Sunday, marking a major milestone in efforts to empower women economically, with 57,432 women expected to receive direct financial support under the Community In...
President Bola Tinubu on Friday held separate meetings with prominent business and political figures at his residence in Ikoyi, Lagos. Among the visitors were President of the Dangote Group, Aliko Dangote, and the Founder and Chairman of BUA Group, Abdul Samad Rabiu. The Presiden...
By Hector Igbikiowubo The Nigerian National Petroleum Company Limited has finally put a number to the black hole that has swallowed Nigeria’s oil wealth for years. In its 2025 audited financial report, the company casually disclosed that it spent a mind-boggling N11.2 trillion to...
The Nigerian National Petroleum Company Limited (NNPC Ltd.) is set to restructure its portfolio by rationalising non-core and underperforming assets and reviewing the ownership and operating models of key businesses, including its refineries, as part of efforts to improve profita...
President Bola Tinubu on Friday received a series of high-profile visitors at his Ikoyi residence in Lagos, bringing together leading figures from Nigeria’s business, political and state leadership. Among those who visited the President were the President of Dangote Group, ...
The Chairman of the Christian Association of Nigeria, CAN, Niger State chapter, Most Rev. Dr. Bulus Dauwa Yohanna, has urged President Bola Tinubu to urgently tackle the economic hardship in the country by reducing fuel and food prices and strengthening the naira. Yohanna, who is...
The Cross River State Governor, Bassey Otu, has approved the restoration of about 3,000 local government workers earlier removed from the state’s payroll, following an extensive engagement with organised labour comprising the state chapters of the Nigeria Labour Congress (N...
By Ike Uchechukwu, CALABAR Cross River State Governor, Senator Bassey Otu, has approved the reinstatement of about 3,000 local government workers removed from the state payroll, following a meeting with organised labour. The decision came after talks with the state chapters of th...
Global fossil-fuel subsidies could exceed $1 trillion in 2026 as governments spend more to protect households and businesses from rising energy costs triggered by the crisis in the Middle East. The post Global fossil-fuel subsidies may top $1 trillion in 2026 – UNDP appeared firs...
Nigeria’s composite Purchasing Managers’ Index (PMI) rose to 53.0 points in September 2026, marking the fourth consecutive month of expansion in overall economic activity. The post Nigeria’s composite PMI rises to 53.0 in September, marks fourth month of expansion – CBN appeared ...
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has unveiled a nationwide ₦66 fuel discount promotion for customers using the NNPC Fuel App. In a post obtained from its X handle on Friday, the promotion, which runs from October 1 to 7, is being held across NNPC statio...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced a ₦66 fuel discount for customers using the NNPC Fuel App at its stations nationwide. The promotion, which began on October 1, will run until October 7 as part of activities marking the period, according to ...
Presidential candidate of the African Democratic Congress, ADC, and former Vice President, Atiku Abubakar, has said that, unlike Germany, President Bola Ahmed Tinubu has failed to cut petrol taxes to ease the economic hardship Nigerians are facing. Atiku made this disclosure in a...
Nigeria is making progress despite prevailing economic difficulties, the Nigeria’s Ambassador to Spain, Okezie Ikpeazu, has said, pledging that the Federal Government will continue to pursue reforms and create investment opportunities to promote national development. Ikpeazu said...
Engagement highlights local processing, sustainable supply chains, and the opportunity to build globally competitive agricultural businesses from Africa Johnvents Group and the International Finance Corporation (IFC), a member of the World Bank Group, have strengthened discussion...
Electricity supply has been restored to parts of North-West Nigeria, including Kebbi and Sokoto States, after the Transmission Company of Nigeria, TCN restored power to its 330-kilovolt Kainji-Birnin Kebbi Single Circuit Transmission Line nearly a month after the electricity disr...
The Transmission Company of Nigeria has restored the 330kV Kainji–Birnin Kebbi Single Circuit Transmission Line, which had been out of service for more than three weeks following the collapse of Tower 367 in Yauri, Kebbi State. TCN said the line was successfully restored to servi...
The Nigerian National Petroleum Company Limited recorded claims totalling N11.2tn from the Federation in 2025 for costs and advances incurred on its behalf, including expenses related to securing the country’s oil and gas assets, an analysis of its 2025 audited financial statemen...
The Arewa Consultative Forum (ACF) has asked Nigerians to hold political leaders accountable for their performance, particularly in addressing insecurity, poverty, economic hardship, and other challenges confronting the country. The chairman of the forum, Mamman Osuman, gave the ...
Senator Francis Fadahunsi, representing Osun East Senatorial District, has urged Nigerians to promote national unity and support the Federal Government’s efforts to address the country’s economic and security challenges. Fadahunsi, Chairman of the Senate Committee on Industries, ...
Amnesty International has called on Nigerian authorities to investigate the deaths of three people in a stampede at the Niger State Government House in Minna, saying the incident highlights the worsening economic hardship facing millions of Nigerians. The stampede occurred on Tue...
The Free Zone Command of the Nigeria Customs Service generated a record N557.02 billion in revenue between January and August 2026, underscoring the growing economic significance of the Free Zone corridor and the Command’s contribution to revenue mobilisation. Speaking at the han...
By Yinka Kolawole As Nigeria marks its 66th independence anniversary, Nigeria’s organised private sector (OPS) has challenged the Federal Government to turn recent macroeconomic gains into measurable improvements in productivity, business competitiveness, jobs, household purchasi...
The presidential candidate of the Nigeria Democratic Congress, NDC, Peter Obi, has said Nigeria is the worst place to be born. Obi made the remark while criticising the All Progressives Congress, APC-led government for worsening the country’s social and economic problems. In his ...
By Olasunkanmi Akoni All Progressives Congress, APC, Lagos governorship candidate and incumbent Deputy Governor, Dr. Obafemi Hamzat, has pledged to eliminate unauthorised roadside collections and multiple taxation schemes burdening Lagos road operators and businesses if elected. ...
The Centre for Information Technology and Development has requested the partnership of stakeholders in Bauchi and Kano states in addressing the gender digital divide and expanding business opportunities for women and girls in Northern Nigeria. The Programme Manager of the project...
The Coca-Cola System in Nigeria supported about 160,200 jobs across the country in 2024, according to a Socio-Economic Impact Assessment conducted by global consultancy Steward Redqueen. Beyond employment, the report estimated that the Coca-Cola System generated $1bn in value-add...
Less than a day after the Nigerian National Petroleum Company Limited (NNPCL) reduced the price of Premium Motor Spirit (PMS) to N1,370 per litre, the state-owned oil company has offered Nigerians an N66 discount. NNPCL made this disclosure in a notice on X on Thursday, in commem...
President Bola Tinubu has assured Nigerians that the series of economic reforms will surely lead to better days. Tinubu gave the assurance in his address to the nation on Thursday, October 1, as the country marks its 66th Independence Day anniversary. Tinubu noted that the reform...
The Women Advocates Research and Documentation Centre (WARDC) says Nigeria’s independence remains an unfinished promise for millions of women and girls facing discrimination, gender-based violence and economic exclusion. The post Group urges Nigerian govt to prioritise women’s ri...
A public affairs analyst and All Progressives Congress, APC, chieftain, Ibrahim Uba, has urged Nigerians to shun broad generalisation and instead assess President Bola Ahmed Tinubu’s administration based on factual evidence. Uba said this on Thursday, Independence Day, in Abuja, ...
Young Nigerians and other stakeholders have called for greater youth participation in governance, better access to opportunities, and stronger interventions to address the economic and security challenges facing the country. The calls were made on Generation Next: Youth, Power & ...
By Vincent Ujumadu Anambra State Governor, Professor Chukwuma Soludo has highlighted the government’s renewed commitment to lowering the cost of living by prioritizing agricultural mechanization, boosting food production, expanding vital infrastructure and ensuring that economic ...
The Lagos State governorship candidate of the Peoples Democratic Party (PDP), Adedeji Doherty, has promised to create an enabling environment for businesses to thrive if elected. Doherty said his administration would prioritise access to electricity and reduce what he described a...
Nigeria’s airport service provider, Skyway Aviation Handling Company Plc (SAHCO), has been dragged before a Federal Capital Territory (FCT) High Court over alleged breach of confidentiality and false information. The plaintiff, an airline, XEJet Limited, said in the suit that the...
The 2027 presidential candidate of the African Democratic Congress, ADC, Atiku Abubakar, has outlined a strategic plan to improve economic affordability in Nigeria through targeted fuel subsidies. Speaking during a world press conference on Thursday to mark Nigeria’s 66th Indepen...
Nollywood actress Funke Akindele has urged Nigerians to keep praying for the country. Funke stated this on Thursday while celebrating Nigeria’s 66th Independence Day amid growing economic hardship. Speaking in a video shared on her Instagram page, the actress insisted that “Niger...
By Peter Egwuatu Heirs Holdings, has acquired an additional six million shares in Seplat Energy Plc valued at £53.2 million. According to a statement filed with the Nigerian Exchange Limited (NGX) the shares were bought by Heirs Energies Limited, a company controlled by Tony Elum...
