The Lagos
For Nigeria, it is the possibility of turning a coastline into an economic corridor, a port into an industrial gateway and an investment agreement into a broader platform for diversification, export growth and sustainable economic expansion. The post Significance of Ogun’s $7bn D...
The African Democratic Congress, ADC, presidential candidate, Atiku Abubakar, has described President Bola Tinubu’s economic policies as a failure, saying Nigerians are struggling to cope with the rising cost of living. Atiku said Nigerians could no longer feed their children wit...
The African Democratic Congress, ADC, presidential candidate, Atiku Abubakar, has described President Bola Tinubu’s economic policies as a failure, saying Nigerians are struggling to cope with the rising cost of living. Atiku said Nigerians could no longer feed their children wit...
By Luminous Jannamike ABUJA — Former Vice President Atiku Abubakar has challenged President Bola Tinubu to explain why Nigeria’s public debt has risen to ₦166.79 trillion despite increased government revenues, saying Nigerians are yet to see the promised gains from the administra...
Ardova Plc-led consortium has agreed to acquire Powergas to expand its Compressed Natural Gas business and boost Nigeria’s cleaner energy drive. Read More: https://punchng.com/firm-to-expand-cng-business-boost-cleaner-energy-drive/...
A former Dean of Faculty of Economics and Management Sciences at University of Ibadan, Professor Surajudeen Bankole has declared that contrary to insinuations, Nigerian graduates are employable. Bankole, explained that the notion that Nigerian graduates are unemployable is not co...
The Chief Executive Officer of World Energy Council Nigeria, Mr. Bala Wunti, has warned that Africa must not repeat with lithium, cobalt and rare earth elements the costly economic model under which the continent exported crude oil and imported refined petroleum products. Wunti s...
Kaduna State Government has organised special prayers for peace, stability and economic prosperity of Nigeria at Sultan Bello mosque, as part of the 66th Independence Day celebration, which will culminate in a parade on October 1st. Led by the Deputy Chief Imam, Malam Abdullahi A...
The Central Bank of Nigeria (CBN) has raised questions over the growing use of “pay small small” schemes by non-bank businesses to offer credit to customers. The post CBN raises regulatory questions over non-banks offering instalment credit appeared first on Nairametrics ....
More than three years after President Bola Tinubu declared that fuel subsidy was gone, the impact of deregulated petrol prices continues to be felt by commuters, transport operators and small business owners. The debate over whether Nigeria should restore fuel subsidy has intensi...
By Prisca Sam-Duru It was a roll call of eminent Igbo sons and daughters at Dover Hotel, Ikeja, during the week as traditional rulers, political leaders, business captains, and cultural icons all gathered for a different kind of golden jubilee. For its 50th anniversary, Ohanaeze ...
By Juliet Umeh For many years, Enugu carried the history and prestige of the old Eastern Region, but Governor Peter Mbah believes nostalgia is no longer enough. His ambition is to build a state that does not merely look back at its past importance but becomes a major economic for...
Nigerian National Petroleum Company Limited, NNPCL, and MRS filling stations’ premium motor spirit (PMS) pump prices have remained stable at N1,395 per litre despite the drop in crude oil prices. A market survey by DAILY POST on Friday showed that fuel pump prices in Abuja and it...
The summit will examine how the AfCFTA’s IP framework can translate into practical opportunities for African businesses, innovators, and creators. The post AfCFTA, African IP Summit to push intellectual property as driver of continental trade appeared first on Premium Times Niger...
The Catholic Bishop of Sokoto, Matthew Kukah, has called on the Church to renew its values and reclaim its influence in Nigeria’s public life. Read More: https://punchng.com/kukah-bemoans-waning-catholic-influence-in-nigeria/...
The Catholic Archbishop Emeritus of Abuja, Cardinal John Onaiyekan, has said people of the South-East should be allowed to freely choose their preferred presidential candidate without interference from state governors. Onaiyekan said this on Thursday in an interview with Afia Tv ...
When questions of leadership, accountability and institutional credibility begin to reshape a nation’s moral imagination By Seun Adeniyi Nigeria’s crisis today is often described in economic, political or security terms. But beneath the inflation figures, rising cost of living, i...
The Transmission Company of Nigeria (TCN) has announced plans to carry out annual preventive maintenance on its Gwarinpa-Suleja 132/33 kilovolt (kV) Line 2 bay switchgears and associated equipment. The management of the company said in a statement on its X handle in Abuja on Frid...
Nigeria’s rising energy costs are steadily reshaping the economics of running a business, with higher petrol and diesel prices feeding into transportation, power generation and other operating expenses. The post Rising fuel costs may influence motor insurance choices in Nigeria a...
From helping graduates build livelihoods to making payments easier for major businesses, OPay’s eight-year journey is reflected in the everyday stories of Nigerians who rely on its solutions. At a busy market in Sokoto, a customer walks up to an agent, makes a transfer and waits ...
There high investor interest in the major oil and gas stocks on the Nigerian stock market—Seplat Energy PLC (SEPLAT) and Aradel Holdings PLC (SPIRIT)—driven by surging crude oil prices, strong earnings, and favorable macroeconomic developments. The post Seplat, Aradel Energy Fuel...
A Former Super Eagles captain, Segun Odegbami, has urged the Federal Government to harness the enormous economic potential of sports and transform the sector into a major contributor to Nigeria’s Orange Economy. Odegbami made the call on Thursday, while delivering a lecture...
The Supreme Court held that the disputed provisions were not inconsistent with the Nigerian constitution. The post Supreme Court restores Electoral Act provisions voided by appeal court appeared first on Premium Times Nigeria ....
The framework is expected to use the relationship between the Nigerian and US governments as a foundation for business-to-business transactions and investment across Nigeria’s mineral value chain. The post Nigeria, US sign framework to attract investment into $700bn mineral resou...
Abia State Government has demolished shops and shanties built on the right flank of the Nigerian Railways Quarters in Umuahia to pave the way for an ongoing road construction project. This is even as the Umuahia Capital Development Authority, UCDA, has defended the demolition, sa...
Former Archbishop of Canterbury, Justin Welby, visited communities affected by deadly attacks in Plateau State The post Former head of Anglican Church visits Plateau attack victims, says ‘no easy answers’ to killings appeared first on Premium Times Nigeria ....
This is the story of a terminal that wants to be more than a cash-collection machine. Nigeria has 5.9 million active Point of Sale (PoS) terminals, and since the 2023 cash crisis , they have become instrumental in how Nigerians get cash, make payments, and keep their businesses r...
The removal of fuel subsidy by the Bola Tinubu administration has failed to deliver the economic and social benefits Nigerians were promised. This was the position canvassed by the Chief Economist of ARKK Economics & Data Limited, Dr Samson Simon. Simon, who spoke in an interview...
Dangote Cement’s new Itori plant in Ogun State is 100% export-oriented and will serve as the hub for the company’s export strategy to African markets. Read More: https://punchng.com/itori-plant-drives-dangote-cements-export-expansion/...
The General Overseer of the Foursquare Gospel Church in Nigeria, Rev Sam Aboyeji, has advised Nigerians not to abandon their faith amid economic hardship. Read More: https://punchng.com/hardship-foursquare-leader-urges-nigerians-to-keep-faith/...
The Ogun State Government and DP World have signed a deal for a $7bn investment to develop the Gateway Deep Sea Port and a special economic zone. Read More: https://punchng.com/ogun-dp-world-sign-7bn-port-investment-deal/...
The Transmission Company of Nigeria is intensifying repairs on the 330kV Kainji-Birnin Kebbi line after a tower collapsed in Yauri, Kebbi State. Read More: https://punchng.com/tcn-steps-up-repairs-on-kainji-birnin-kebbi-line/...
By Kingsley Omonobi ABUJA — The Armed Forces of Nigeria on Thursday launched an online discount shop designed to provide serving and retired personnel, veterans and their families with access to essential goods at preferential prices. The digital welfare initiative was launched a...
The Minister of Aviation and Aerospace Development, Festus Keyamo, says Nigerian workers can no longer survive on the N70,000 national minimum wage with the current economic pressures. Keyamo said this at the 2026 National Pre-Retirement Summit organised by XEM Consultants Limite...
Edo State Governor, Monday Okpebholo, has backed President Bola Tinubu’s administration, saying the economic reforms being implemented by the Federal Government will eventually put Nigeria on a “cruising level”. Okpebholo spoke on Thursday at the “Operation Rescue Benin-Asaba Roa...
By Omeiza Ajayi The Federal Government has launched the Armed Forces of Nigeria Personnel Online Discount Shop, a welfare initiative designed to provide serving personnel, veterans and their families with convenient access to essential goods at discounted prices. Head, Press and ...
PARIS — President Bola Ahmed Tinubu has assured investors of regulatory clarity, policy stability and a predictable business environment as the Ogun State Government and DP World signed memoranda of understanding, MoUs, for the development of major port and industrial projects es...
President Tinubu has unveiled a $7bn investment package for the Ogun State Blue Marine Special Economic Zone and Gateway Deep Seaport to boost Nigeria’s ec Read More: https://punchng.com/tinubu-unveils-7bn-ogun-deep-seaport-special-economic-zone-investment-package/...
Projects expected to attract more than $7bn in initial investment, create over 50,000 direct jobs The Ogun State Government and DP World MEA FZE have signed Memoranda of Understanding (MoUs) for the development of the Gateway Deep Sea Port and the Ogun State Blue Marine Special E...
By Ikechukwu Nnochiri ABUJA — The Supreme Court, on Thursday, restored portions of the Electoral Act 2026 that had earlier been struck down by the Court of Appeal. The apex court, in a unanimous decision by a seven-member panel of Justices, allowed an appeal filed by the Independ...
The Ogun State Government and DP World MEA FZE have signed Memoranda of Understanding for the development of the state-owned Gateway Deep Sea Port and the Ogun State Blue Marine Special Economic Zone, with the projects expected to attract more than $7 billion in initial investmen...
By Shekinah Ijile LAGOS — Ikeja Local Government has extended the deadline for its ongoing revenue mobilisation and compliance exercise in Computer Village, giving traders and business owners additional time to settle outstanding council obligations. The exercise has now been ext...
By Johnbosco Agbakwuru ABUJA— THE Vice President, Senator Kashim Shettima has called on Nigerians in the diaspora, especially those in the United States, to support President Bola Tinubu’s administration in its efforts to transform the country’s economic fortunes. He said the adm...
By Godwin Oritse LAGOS — The Lagos State Government has intensified efforts to restore compliance, safety and orderly operations in the trucking business, particularly along major maritime corridors in the state. The Lagos State Truck and Cargo Operators Committee (LASTCOC) conse...
