By Victor Ahiuma-Young The growing cost of keeping factories operational in Nigeria is emerging as a major threat to industrial stability and employment, as employers struggle with rising electricity bills, multiple tax obligations, high borrowing costs and the uncertainties surrounding access to...
business
Dutch businesses operating in Nigeria are experiencing improved operating conditions following a period of foreign exchange instability that made it difficult for companies to repatriate funds, according to officials of the Netherlands Consulate in Lagos. The post Dutch businesse...
business
Nigeria’s emergence as the third-largest national delegation at the ongoing climate conference in Turkey has renewed questions about government spending on international conferences, particularly as millions of Nigerians continue to grapple with economic hardships. The post COP31...
News
Former Kaduna Central Senator, Shehu Sani, advises traditional institutions against conferring chieftaincy titles on serving government officials and their immediate family members. The post Shehu Sani warns as Tinubu hails son’s turbaning in Kebbi appeared first on Premium Times...
News
The presidential candidate of the African Action Congress, AAC, Omoyele Sowore, has described Peter Obi’s Obidient movement as one of the biggest political scams in Nigeria’s history, accusing the presidential candidate’s supporters of abandoning principles they once defended. So...
News
The crisis in the Nigeria Democratic Congress, NDC, is getting deeper as its Deputy National Publicity Secretary, Abdulmumin Abdulsalami, has quit the party. Abdulsalami dumped the party with immediate effect, complaining of injustice and the overbearing power of a few big men in...
business
The World Bank has approved a $500m loan for Nigeria to tackle flooding, restore degraded land, and reduce conflicts in 19 northern states and the FCT. Read More: https://punchng.com/floods-world-bank-approves-500m-nigeria-loan/...
Local
A widow, Sarah Akinya, has sued Airtel and ATC for N232m in damages over alleged noise pollution and nuisance from a telecom mast near her Lagos home. Read More: https://punchng.com/widow-sues-airtel-atc-for-n232m-over-noise-pollution/...
News
The naira weakened by N10.50 against the US dollar at the Nigerian Foreign Exchange Market (NFEM) on Wednesday, November 11, 2026, recording its biggest single-session loss since October 22. The post Naira depreciates to N1,364/$, records biggest daily loss since October 22 appea...
News
Investors submitted N1.08 trillion in bids for Nigeria's 364-day Treasury Bill at the November 11, 2026 auction, representing 179.85% of the N600 billion offered, as demand remained heavily concentrated in the one-year instrument, which attracted overwhelming investor interest. T...
business
Champion Breweries Plc has proposed a restructuring that would see Champion Brands Limited re-registered as Champion Brands Plc and listed on the Nigerian Exchange (NGX) as the group's new parent company, replacing Champion Breweries, which will be delisted, subject to the necess...
