The Lagos
The Centre for the Promotion of Private Enterprise (CPPE) has called on the Federal Government and other tiers of government to shift economic policy from macroeconomic stabilisation towards productivity-led growth and shared prosperity as Nigeria marks its 66th independence anni...
By Steve Oko, Umuahia Abia State Governor, Dr Alex Otti, has challenged Ndigbo to respond to the growing entry of Chinese nationals into retail business in Lagos by abandoning dependence on conventional trading and moving aggressively into manufacturing and digital commerce. Otti...
In today’s Nigerian newspapers review programme, Today in the News, Vanguard leads with job losses looming as N3.9 trillion debt may cripple several firms. Another headline features the National Chairman of the ruling All Progressives Congress APC, Professor Nentawe Yilwatda, war...
By Juliet Umeh The Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, has clarified that the $50 billion often cited as investment attracted to Nigeria represents announcements, with the Federal Government still working to turn the commitments into factories, business...
Mike Adenuga is more than a billionaire. He is a nation-builder, a disruptor, a patron of culture, and a powerful symbol of indigenous enterprise. His legacy extends far beyond market valuations and rich lists… The ultimate measure of his contribution may be the idea he has spent...
The Ogun State Governor, Dapo Abiodun, has said construction work on the over $7 billion Gateway Deep Sea Port and Ogun State Blue Marine Special Economic Zone in Ogun Waterside Local Government Area will commence in November. Abiodun made the disclosure while addressing All Prog...
OPay, a leading fintech company in Nigeria, has received two major honours at the 5th edition of the Consumers Value Awards (CVA), further... The post OPay Wins Two Consumer Awards, Reaffirms Nationwide Trust appeared first on Nairametrics ....
Are you looking for a private university in Nigeria where you can pursue a career in medicine, law, nursing, engineering, computing, business or the social sciences? Maduka University, Ekwegbe – Nsukka, Enugu State, is now accepting applications for the 2026/2027 academic session...
The facilities across 19 states and the FCT provide entrepreneurs with shared equipment, power and production infrastructure to reduce the cost of expanding small businesses. The post Tinubu says 21 MSME hubs support 650,000 jobs across Nigeria appeared first on Premium Times Nig...
Ogun State Governor, Prince Dapo Abiodun, has disclosed that construction work on the over $7 billion Gateway Deep Sea Port and Ogun State Blue Marine Special Economic Zone in Ogun Waterside Local Government Area will commence in November this year. Abiodun made the disclosure wh...
This week continues the narrative on Lagos-Calabar Coastal Highway. She resided in Odukpani Local Government Area, where she vehemently fought for the abolition of the ancient custom of killing twin children and their mothers. She built herself a two-bedroom mud house with a vera...
The Minister of Budget and Economic Planning, Atiku Bagudu, says Nigeria needs a bigger national budget to drive development and meet its economic goals. Read More: https://punchng.com/nigeria-needs-bigger-budget-to-drive-development-bagudu/...
Lagos State Attorney-General, Lawal Pedro, says an effective justice system is critical to attracting investment and sustaining the state’s economic growth Read More: https://punchng.com/efficient-justice-system-critical-to-lagos-economy-ag/...
By Dickson Omobola Financial institution, Sage Grey Finance Limited, has disclosed plans to transition into a commercial bank in 2027, saying it aims to build the company into a tier-one Nigerian bank within the next 10 years, with strong wholesale, retail and commercial banking ...
By Steve Oko Former Deputy Governor of the Central Bank of Nigeria, CBN, Prof. Kingsley Moghalu, has challenged Ndigbo to stop producing “excellent reports” that end up gathering dust and begin converting their collective ideas into measurable economic, cultural and political pow...
The Minister of Budget and Economic Planning, Abubakar Bagudu, says Nigeria has one of the smallest national budgets among the world’s 10 most populous nat Read More: https://punchng.com/nigerias-budget-too-small-for-its-population-minister/...
The presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has promised to restore petroleum subsidy if elected, saying his administration would first tackle corruption in the country. Obi made the statement on Monday at a town hall meeting held in Sokoto for...
Nigeria has spent over $200 billion on infrastructure since 2000 and remains a country where a businessman cannot move between two cities in a day without losing the day. The transport sector is the engine of every modern economy. Ours is idling on the road and stranded at the ga...
Truecaller has said any Nigerian can remove their phone number from its caller-identification service, following a Lagos High Court ruling that dismissed a privacy case brought by non-users of the platform. The company told TechCabal its unlisting tool allows people who do not us...
A political support group in Ogun State, Yayi Ni Wura Alliance Movement, has asked President Bola Tinubu to restore fuel subsidy, warning that the soaring cost of petrol has deepened hardship for ordinary Nigerians. The group made the call in Abeokuta while announcing that it has...
The Chief Executive Officer of BHM Holdings, Ayeni Adekunle, says Africa’s next phase of economic growth will depend partly on its ability to build companies capable of competing and operating at a global scale. Speaking at the fourth edition of Africa Breakfast Convos (ABC...
… Minister urges media to support Tinubu’s reforms By Henry Umoru ABUJA — Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, has said Nigeria has one of the smallest national budgets among the world’s 10 most populous countries, making it difficult to meet t...
By Gabriel Ewepu ABUJA — Nigeria has called for increased public and private investment in the Niger and Lake Chad basins to address environmental, economic and security challenges affecting communities across the subregion. Minister of Water Resources and Sanitation, Engr Joseph...
The Minister of Budget and Economic Planning, Atiku Bagudu, says Nigeria’s economy remains too small to meet the country’s development needs. The minister stated this on Monday at the National Assembly, noting that without the right economic choices, the nation’...
Coremars Asset Management Limited has announced the launch of its first mutual fund, the Coremars Money Market Fund, with an offer size of ₦1 billion, marking a significant milestone in the company’s evolution and its ambition to build a broader investment management platform in ...
President Bola Tinubu has revealed that the National Credit Guarantee Company (NCGC), through 19 financial institutions, has helped unlock N46.95 billion in loans during its first year of operations. The post Credit Guarantee Scheme unlocks N46.95bn in loans, Tinubu says appeared...
Mr Oyetola said the government wanted Nigerian businesses to spend less time and resources moving their goods, while creating an environment that attracts investment and supports employment. The post Federal government approves upgrade of four South-South ports appeared first on ...
The Transmission Company of Nigeria, TCN, said it has commenced urgent rehabilitation work on Towers J4 and N9 to N12 along the Ikot Abasi-Eket 132kV double-circuit transmission line following recent acts of vandalism. TCN made this disclosure in a statement on Monday. According ...
By Dickson Omobola Airline Operators of Nigeria, AON, has condemned what it described as the recent upsurge in the use of unions to threaten, harass and intimidate Nigerian airlines, saying such actions violate the rights of airlines to a safe, secure operational and business env...
By Johnbosco Agbakwuru, Abuja President Bola Tinubu has said that the National Credit Guarantee Company has helped unlock ₦46.95 billion in loans in its first year of operations, part of the government’s drive to broaden access to formal credit for households and small businesses...
The credit guarantee company has supported 67,512 borrowers across 25 states and the FCT, with about a third accessing formal credit for the first time. The post NCGC-backed loans reach N46.95bn in first year – Tinubu appeared first on Premium Times Nigeria ....
Investigative journalist Fisayo Soyombo has warned Nigerians seeking to escape economic hardship that they could encounter worse conditions in Libya. Read More: https://punchng.com/dont-travel-to-libya-hardship-worse-there-fij-journalist-soyombo-warns-nigerians/...
This is Follow the Money , our weekly series that unpacks the earnings, business, and scaling strategies of African fintechs, financial institutions, companies, and governments. A new edition drops every Monday. For a small business in Nigeria, securing a bank loan has long felt ...
President Bola Tinubu has reassured to move Nigeria towards a credit-based economy. The President gave the reassurance in a statement posted on his verified X handle on Monday. Tinubu stated that the move is to establish a loan guarantee scheme that would help small businesses ov...
By Gabriel Ewepu ABUJA — Climate change is increasingly threatening Nigeria’s food production, disrupting farming calendars, reducing yields and exposing farmers to mounting financial losses, stakeholders have warned. Farmers and agribusiness operators who spoke with Vanguard sai...
President Bola Tinubu has said that so far, more than 67,000 borrowers across 25 states and the FCT have received credit backed by the National Credit Guarantee Company (NCGC) in the last year. Tinubu revealed the development in a series of tweets on his personal Twitter handle o...
By Nkiruka Nnorom & Marvellous Chukwunenye The planned upgrade of Nigeria’s manufacturing sector is at the heart of a new economic partnership between Nigeria and China, the outgoing Consul General of China in Lagos, Ms Yan Yuqing, has said. Yuqing disclosed this at a reception m...
The official said the claim may have been prompted by OPay’s My BizPayment feature, which provides users with a separate account number for business transactions. The post EXPLAINER: OPay is not replacing phone numbers with standard account numbers appeared first on Premium Times...
Upon assuming office, Tegbe outlined a clear mandate, stating that the destination is clear. Reliable and affordable electricity for every Nigerian home, business, and industry, around the clock. The post Tegbe: Delivering beyond skepticism (Part 1), By Mathew Ibiyemi appeared fi...
•To issue circular to commercial banks •As banks place limits on dispensable amounts By Emeka Anaeto, Business Editor Amid rising concerns over restrictions imposed by some banks on customers’ Financial Vanguard learnt that the apex bank would intervene on the side of customers b...
An Ogun State businessman has petitioned the Attorney-General, seeking a review of the DPP’s legal advice which dropped serious charges against suspects. Read More: https://punchng.com/ogun-bizman-protests-alleged-dropping-of-charges-against-suspects/...
The Nigerian National Petroleum Company Limited, NNPCL, has reduced petrol pump prices at its filling stations. A market survey by DAILY POST on Sunday showed that NNPCL retail outlets in Gwarimpa, Kubwa and other parts of Abuja and its environs had adjusted their petrol prices t...
The Nigerian Economic Summit Group says the nation’s current investment level is insufficient to create jobs and deliver prosperity for its growing populat Read More: https://punchng.com/nigerias-investment-levels-inadequate-for-job-creation-nesg/...
A chieftain of the Labour Party, LP, in Ebonyi State, Ezeh Emmanuel Ezeh, has raised the alarm over the rising cost of living in the country under the ruling All Progressives Congress, APC, while also criticising the economic policies of the federal government, He expressed worry...
The Federal Government has moved to urgently tackle the growing threats to key strategic national assets, including the Nigerian Navy Ship, NNS Victory installation, and an Nigerian National Petroleum Company, NNPC Limited jetty supporting the nation’s energy infrastructure, foll...
Former Vice-President Atiku Abubakar has challenged President Bola Tinubu to explain the continued rise in Nigeria’s public debt despite increased government revenues, saying Nigerians are yet to see the benefits promised from the administration’s economic reforms. Atiku, who is ...
By Johnbosco Agbakwuru ABUJA — PRESIDENT Bola Tinubu has congratulated the Founder and Presiding Bishop of Living Faith Church Worldwide, Bishop David Olaniyi Oyedepo, on his 72nd birthday. President Tinubu said he joined the Oyedepo family, Living Faith Church Worldwide, the Chr...
It was another eventful week, with major stories making headlines across politics, international affairs, sports, business, health and technology. From political developments in Nigeria and dramatic moments at the United Nations to updates involving the Super Eagles, global sport...
By Victor Ahiuma-Young & Henry Obetta Workers in Nigeria’s courier and logistics sector have called for urgent regulation of the industry, warning that weak oversight is exposing the sector and the country to security and economic risks. The workers, under the aegis of the Courie...
Human rights lawyer and Senior Advocate of Nigeria, Femi Falana, SAN, has instituted proceedings before the Community Court of Justice of the Economic Community of West African States (ECOWAS) against the Federal Republic of Nigeria over alleged violations of his fundamental righ...
Businessman and political commentator, Isaac Fayose has criticised Edo State governor, Monday Okpebholo over his comparison of fuel prices in the United Kingdom and Nigeria. Okpebholo had, in a viral video, said he recently visited London and checked the price of fuel in the UK, ...
By Zubairu Usman Sadiq To the extent that an average Nigerian finds it difficult to meet the basic needs of food, shelter, clothing, health and protection, and the three core values of development; sustenance, self-esteem and freedom, development is still a mirage to us as a peop...
•Reports say 156 dead •NASS C’ttee: This is a sophisticated national threat…with implications for security, revenue generation •How it fuels child labour By Shina Abubakar, Femi Bolaji, Ibrahim Hassan-Wuyo, Golok Nanmwa, Jeff Agbodo, James Ogunnaike and Deola Badru Illegal mining...
An expert says the CBN’s monetary policy rate cut is a reset to align with market realities and may ease borrowing costs for businesses in Nigeria. Read More: https://punchng.com/cbn-rate-cut-may-ease-borrowing-costs/...
Senator representing Delta Central Senatorial District, Senator Ede Dafinone, has said Nigeria needs continuity in the ongoing reform programme of President Bola Ahmed Tinubu, arguing that the country cannot afford to abandon the process of economic and institutional reforms midw...
