The Lagos
business
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...
News
Daba Markets Inc. (Daba Finance), a digital investment platform that connects investors to African capital markets, has partnered with Coronation Securities Limited and Coronation Asset Management Limited to offer eligible Daba users access to Nigerian capital market products. Th...
News
How do you jump a military trench on a motorcycle? For commanders in Islamic State West Africa Province (ISWAP), the answer came from prompting generative AI. From dedicated prompt-engineering cells to encrypted satellite links paid for by central Islamic State cadres, former ins...
parks
PalmPay has launched ‘PalmPay Dey For You’, a customer-focused campaign reinforcing its commitment to secure, reliable, and accessible banking for millions of Nigerians. As conversations around the safety, stability, and reliability of financial institutions receive increased att...
government
By Daniel Abia The media directorate of the Nigeria Democratic Congress, NDC, Rivers State, has debunked the trending report that the name of the Deputy Governorship Candidate, Dr. Mike Barieenee Nwielaghi, was not uploaded by the Independent National Electoral Commission (INEC)....
parks
While acknowledging the passionate nature of political discourse, CAN emphasised that the name of Jesus Christ is sacred and must not be dragged into political rivalry. The post 2027: CAN cautions politicians against using Jesus Christ for partisan interests appeared first on Pre...
News
The British Pound is currently trading around N1,800/£ against the naira in the official market, the strongest level for the naira since late February. The post Naira strengthens to N1,800/£ against British Pound, highest level in 7 months appeared first on Nairametrics ....
News
The Independent Petroleum Marketers Association of Nigeria (IPMAN) says filling stations across the Federal Capital Territory (FCT) will begin adjusting petrol pump prices downward in the next few days. The National Publicity...
News
Uber has launched autonomous ride-hailing services in London using AI technology developed by British startup Wayve, expanding its robotaxi footprint in Europe. The post Uber launches AI-powered robotaxis in London after exiting Nigeria appeared first on Nairametrics ....
News
The naira continued to strengthen against the US dollar on Thursday, September 3, 2026, with the Nigerian currency trading around N1,329 per dollar in the official market while the parallel market remained significantly higher. The latest available Nigerian Foreign Exchange Marke...
Local
The move is the next phase of Dangote Cement’s bid to secure a quicker pathway to international capital and foreign investors than what a local listing in Lagos affords, using London as a window to the world. The post Dangote Cement sets date for London capital markets day ahead ...
News
MTN Nigeria has emerged as the dominant player in Nigeria’s fibre broadband market, accounting for more than half of all Fibre to the X (FTTX) subscriptions in the second quarter of 2026. The post MTN outshines ISPs in fibre broadband, accounts for 55% of customers appeared first...
News
The Nigerian military has explained the reason behind the withdrawal of United States troops from Nigeria. Director of Defence Information, Major General Samaila Uba stated that the deployment of 200 United States soldiers to Nigeria was tied to operational and counterterrorism o...
News
The Amalgamated Union of App-Based Transporters of Nigeria (AUATON) has condemned Uber’s sudden exit from Nigeria, describing it as unprofessional. AUATON National Spokesperson, Mr Jossy Adaraniwon, alleged that Uber left Nigeria’s ride-hailing market without prior notice to driv...
government
Transcorp Power Plc has proposed the appointment of Mrs. Maryam Bala Shehu as an Independent Non-Executive Director, subject to approval by the Nigerian Electricity Regulatory Commission (NERC). The post Transcorp Power seeks NERC approval for Maryam Bala Shehu’s board appointmen...
News
This investigation reveals a widening gap between climate risk warnings, government response, and the lived reality of vulnerable rural communities. The post How erosion havoc destroys homes, farmlands in Kano community appeared first on Premium Times Nigeria ....
business
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 ...
News
Trading on the Nigerian Exchange Limited (NGX) on Wednesday, reversed earlier gains with the equities market closing marginally lower as losses in large and medium-capitalised stocks outweighed broad-based buying interest. The post Nigerian stocks lose N41 billion as large caps d...
News
Currency held outside Nigerian banks fell to N4.8 trillion in July 2026, its lowest level since November 2025, as the amount of cash circulating outside the banking system declined for the second consecutive month. The post Currency outside banks drops to N4.8 trillion in July, l...
government
By Emmanuel Iheaka The Igbo Heroes and Icons Foundation, IHIF, has called on the opposition parties’ committee to adopt the presidential candidate of the Nigeria Democratic Congress, NDC, Peter Obi, as the consensus candidate for the 2027 presidential election. In a statement end...
government
Stay informed with Nigeria’s top stories: states’ N5.3tn debt, INEC’s AI disinformation fears, N300k minimum wage demand, and Wike’s 2027 election concerns Read More: https://punchng.com/morning-recap-states-owe-n5-3tn-debt-inec-fears-ai-disinformation-threat-other-top-stories/...
business
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...
government
By Evelyn Usman LAGOS — Ahead of the 2027 general elections, the General Officer Commanding, GOC, 81 Division, Nigerian Army, Major General Adebayo Babalola, has charged officers and soldiers who will be deployed for election duties to uphold the Constitution, respect fundamental...
News
A US-based political advisory and lobbying firm, Von Batten-Montague-York, says it has reported to the United States Department of Justice, DOJ, the $3 million offer to stop the probe into alleged drug trafficking linked to Nigeria’s President, Bola Tinubu. Von Batten-Montague-Yo...
business
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...
government
•As DISCOs meter 308,106 Nigerians in 2 months By Ediri Ejoh The Nigerian Electricity Regulatory Commission, NERC, yesterday said the Electricity Distribution Companies, DisCos, in Nigeria delivered about 308,106 meters to their customers between May and June 2026. In its latest ...
government
As campaign activities for the 2027 general elections get underway, clerics and politicians have quickly resorted to old rhetoric and tricks to mobilise support for their candidates. The post ANALYSIS: Nigerians challenging manipulation, religious sentiments, corruption as 2027 e...
News
By Elizabeth Adegbesan Credit to the private sector declined month-on-month (MoM) by 15.3 percent to N33.9 trillion in July 2026 from N40.03 trillion in June 2026. The Central Bank of Nigeria, CBN, disclosed this in its Money and Credit Statistics Data for the review period. Brea...
safety
By Kingsley Omonobi The Nigerian Army has rescued Mrs Adonkie, wife of retired Brigadier General Basil Adonkie, who was abducted from her residence in Abuja on Tuesday, September 1, 2026. The Army also arrested two suspected members of the kidnapping syndicate and recovered an AK...
News
By Rosemary Iwunze Pension Fund Administrators, PFAs, have pushed about N17.1 trillion from Nigerian pension monies to Federal Government, FG, securities. This amount represents 58.07 per cent of the N29.5 trillion pension industry’s Net Asset Value, NAV, in the first quarter of ...
News
By Ikechukwu Nnochiri History was made on August 28, as Mrs. Oyinkansola Badejo-Okusanya, SAN, was sworn in as the 33rd President of the Nigerian Bar Association, NBA, becoming the first woman elected to the position. She is the second woman to occupy the NBA’s presidential seat ...
business
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) ...
Local
In partnership with Lire en Français اقرأ هذا باللغة العربية Happy pre-TGIF. Final call to get your Moonshot 2026 ticket at 20% off. This October, Moonshot brings founders, investors, operators, creators and talent together at the National Theatre in Lagos for two days of convers...
News
Governor Sani said the rebuilt stadium would have 33,000 seats and a hybrid grass-and-synthetic pitch, which he described as FIFA-standard. The post Why I’m rebuilding Ahmadu Bello stadium to a FIFA-standard hybrid pitch – Uba Sani appeared first on Premium Times Nigeria ....
News
The Federal Government has been advised to reduce aviation charges and taxes to lower airfares and make air travel more affordable in Nigeria. The post FG urged to cut aviation charges as high costs keep airfares out of reach appeared first on Nairametrics ....
government
A suit challenging the stalled Awujale succession process has been reassigned by an Ogun State High Court. The Fusengbuwa Ruling House seeks to compel the Read More: https://punchng.com/awujale-court-reassigns-ruling-house-suit-over-stalled-selection/...
News
Nine listed MegaCap companies added N46.69 trillion in market value between December 31, 2025 and August 31, 2026, as the largest stocks on the Nigerian Exchange (NGX) recorded substantial increases in market capitalization during the first eight months of the year. The post NGX ...
News
Afrobeats star, Davido has revealed that he will soon leave music to focus on making billions. He said this while responding to a post by Nigerian rapper, Erigga on X. Erigga had posted a message praising musicians who did not come from wealthy families and had to work for every ...
parks
Activist, Aisha Yesufu has said some Nigerians are angry that the Nigeria Democratic Congress, NDC, presidential candidate, Peter Obi and ‘content creators’ are showcasing his workings. Yesufu said those Nigerians would rather Obi not highlight his achievements during the campaig...
government
By Jacob Ajom More facts have emerged from the meeting between the Nigerian delegation led by Chairman of the National Sports Commission Mallam Shehu Dikko and FIFA President at the FIFA headquarters in Zurich on Tuesday. Following the mass resignation of the Ibrahim Gusau-led Bo...
business
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 ...
News
By Vincent Ujumadu Awka—Anambra State is set to host the First Lady of Nigeria, Senator Oluremi Tinubu, on Thursday, September 10, 2026, in what will be her first official visit to the state since assuming office. The visit is expected to strengthen the partnership between the Fe...
News
ABEOKUTA — AN Ogun State High Court, sitting in Ijebu-Ode, yesterday, warned parties involved in the legal dispute over the succession to the Awujale stool against taking any action capable of undermining the court process or altering the existing status quo. Justice A. A. Omoniy...
business
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....
News
***Uzodimma mum, APC govs kick against Wike’s rainbow coalition ***How we ensured Tinubu beat Atiku, Obi in 2023 — FCT Minister By Omeiza Ajayi & Daniel Abia ABUJA— Federal Capital Territory FCT, Minister, Nyesom Wike, has accused the governors of Imo and Kwara states, Senator Ho...
News
For decades, removing the petroleum subsidy in Nigeria was a political hot potato and then a political football. The first metaphor refers to the squeamishness of some past governments about removing the subsidy. The second describes self-interested and hypocritical politicians w...
government
The Nigerian Senate assures that the constitutional amendment process will be completed before the 2027 general elections, dismissing fears of derailment. Read More: https://punchng.com/2027-polls-wont-derail-constitutional-amendment-senate-assures/...
government
The Nigeria Democratic Congress demands an INEC portal audit after disowning 10 candidates published for the 2027 Anambra State House of Assembly elections Read More: https://punchng.com/ndc-demands-inec-portal-audit-over-10-anambra-candidates/...
Local
Lagos Federal High Court denies bail to three Mexicans and seven Nigerians accused of operating a N480bn meth lab in Ogun State, citing flight risk. Read More: https://punchng.com/three-mexicans-others-denied-bail-over-alleged-n480bn-meth-lab/...
Local
The Olushi Onigbesa Royal Family accuses the Lagos State Government of partisanship in the Oshodi Obaship dispute, despite court rulings favoring their cla Read More: https://punchng.com/oshodi-stool-royal-family-accuses-lasg-of-partisanship/...
News
Nigeria’s poultry industry is at a dangerous crossroads. The recent call for reforms is therefore more than an industry lobby. It is a warning about food security, nutrition, jobs and the wider economy. An industry capable of supplying affordable eggs and chicken is being strangl...
News
It is indubitable, all pretensions to the contrary notwithstanding, that this is not the best of times for President Bola Tinubu. Granted, he is a hard guy – tough, unyielding and some will say lacking in empathy – but even the hardest of men have their vulnerable moments. This m...
News
Explore the decline in Nigerian university quality amidst rapid proliferation. This article examines underfunding, regulatory failures, and solutions for a Read More: https://punchng.com/university-proliferation-vs-academic-quality/...
News
Learn critical lessons for Nigeria from recent artisanal mining disasters in Africa. Discover how to prevent tragedies and ensure miner safety amidst Niger Read More: https://punchng.com/lessons-for-nigeria-from-africas-artisanal-mining-disasters/...
parks
Nigerian youths lured online are trapped in Asia’s cyber-slave camps, forced into scams, facing torture and organ harvesting. Read their harrowing accounts Read More: https://punchng.com/lured-online-sold-for-5000-how-nigerian-youths-are-trapped-in-asias-cyber-slave-camps-2/...
