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BUSINESS1d agoNigeria-Slovenia Chamber drives new trade frontiers as Ibraimah, Udungwor call for partnerships to prosperityFrom John Silas, Lagos The commercial heartbeat of Nigeria was alive, as business leaders, diplomats and investors gathered in Lagos for the Nigeria–Slovenia Investment Conference 2026, with a clear call to move the economic relationship between both nations from possibilities to concrete partnerships. Organised by the Nigeria–Slovenia Chamber of Commerce,... The post Nigeria-Slovenia Chamber drives new trade frontiers as Ibraimah, Udungwor call for partnerships to prosperity appeared first on THE AUTHORITY NEWS.authorityngr · nigeria
BUSINESS1d agoHow Young Nigerians Are Building Businesses Before They Raise Money“Zero-capital business” is a loose description. Mobile data, transport, electricity, and time all cost money, and no national dataset shows how many Nigerian firms literally started from nothing. The clearer trend is different: more young people are trying to make a first sale before taking a loan, renting a shop, or filling a storeroom. Moniepoint’s […] The post How Young Nigerians Are Building Businesses Before They Raise Money appeared first on Vanguard News.Vanguard Nigeria
BUSINESS1d agoNigeria, Russia target April 2027 for new air services agreementMinister of Aviation and Aerospace Development, Festus Keyamo, and Russian officials have agreed to a six-month timeline to modernise the existing framework governing air services between Russia and Nigeria. The post Nigeria, Russia target April 2027 for new air services agreement appeared first on Vanguard News.Vanguard Nigeria
BUSINESS2d agoNESG: Nigeria’s high production costs threaten industrial competitivenessBy Favour Ulebor The Nigeria Economic Summit Group has warned that high production costs, unreliable electricity and poor logistics infrastructure are undermining Nigeria’s industrial competitiveness, calling for a council within the Presidency to coordinate industrialisation policies. Co-facilitator of the NESG, Lumun Feese, said Nigeria needed a coordinated approach to industrial development to address structural challenges […] The post NESG: Nigeria’s high production costs threaten industrial competitiveness appeared first on Vanguard News.Vanguard Nigeria
BUSINESS2d agoNigeria’s export earnings rise 23.7% to $35.6bn in H1’26By Babajide Komolafe Nigeria’s total export earnings rose by 23.7 per cent year-on-year, YoY to $35.64 billion in the first half of 2026 (H1’26), from $28.82 billion in the corresponding period of 2025, driven largely by a surge in petroleum products exports. Analysis of data from the quarterly statistical bulletin, of  the  Central Bank of […] The post Nigeria’s export earnings rise 23.7% to $35.6bn in H1’26 appeared first on Vanguard News.Vanguard Nigeria
BUSINESS2d agoNigerian states record 27% rise in tax revenue – OfficialThe revenue increase comes as 21 states adopt a harmonised tax framework intended to curb multiple taxation and ease pressure on businesses. The post Nigerian states record 27% rise in tax revenue – Official appeared first on Premium Times Nigeria.Premium Times
BUSINESS2d agoAGFUND to expand development initiatives in Africa, seeks Nigerian partners — Saudi PrinceThe Arab Gulf Programme for Development (AGFUND) says it is seeking partnerships with governments, local organisations and NGOs to expand its development initiatives in Africa, with a focus on tackling unemployment through microfinance and support for small businesses. The post AGFUND to expand development initiatives in Africa, seeks Nigerian partners — Saudi Prince appeared first on Premium Times Nigeria.Premium Times
BUSINESS2d agoNigeria’s Excise Stamp Policy: Setback for tax reform? By James Z MayokunNigeria’s tax reforms should not be weakened by regulatory duplication. The government must demonstrate that the excise stamp regime improves enforcement sufficiently to justify its costs The post Nigeria’s Excise Stamp Policy: Setback for tax reform? By James Z Mayokun appeared first on Premium Times Nigeria.Premium Times
BUSINESS2d agoNigeria borrows to build, not to bridge fiscal gaps – TinubuAccording to Tinubu, Nigeria’s real gross domestic product growth reached 4.43 per cent in the second quarter of 2026, while headline inflation fell to 14.63 per cent in September from 20.98 per cent a year earlier. The post Nigeria borrows to build, not to bridge fiscal gaps – Tinubu appeared first on Vanguard News.Vanguard Nigeria
BUSINESS3d agoFacebook partners Funke Akindele to promote Nigerian storytellingSocial media platform Facebook has partnered with Nollywood filmmaker and actor Funke Akindele to promote Nigerian storytelling at the London and Lagos premieres of her new film, The Four. The post Facebook partners Funke Akindele to promote Nigerian storytelling appeared first on Vanguard News.Vanguard Nigeria
BUSINESS3d agoNigerian company wins $200,000 AGFUND Development Prize in ArmeniaNigerian clean-energy startup D-Olivette Labs has won $200,000 at the 2025 Prince Talal International Prize for Human Development for its AI-powered biodigesters, which convert organic waste into clean cooking gas, electricity and fertiliser. The post Nigerian company wins $200,000 AGFUND Development Prize in Armenia appeared first on Premium Times Nigeria.Premium Times
BUSINESS3d agoSoaring duties, FX rates cripple Nigeria’s used-vehicle market•As dealers lament sales slump By Glory Bassey Car dealers in Nigeria have lamented a sharp decline in vehicle sales, blaming soaring import duties, high exchange rate and rising cost of living as reasons why car ownership is increasingly becoming unaffordable for many Nigerians. A car dealer and importer, Mr Paul Uche, said the auto […] The post Soaring duties, FX rates cripple Nigeria’s used-vehicle market appeared first on Vanguard News.Vanguard Nigeria
BUSINESS3d agoNigeria’s commercial paper market adds N1.5 trn in 9 monthsBy Peter Egwuatu Nigerian Exchange Limited (NGX), yesterday, announced that N1.51 trillion was raised across 131 Commercial Paper (CP) series by 60 issuers in the first nine months of 2026. It further disclosed that, seven series valued at N216.1 billion were listed on NGX, highlighting the potential to bring a greater share of CP activity […] The post Nigeria’s commercial paper market adds N1.5 trn in 9 months appeared first on Vanguard News.Vanguard Nigeria
BUSINESS3d agoSolid Minerals: FG Inaugurates Nigeria-US Committee On Strategic CooperationMinister of Solid Minerals Development, Dele Alake, who inaugurated the committee, however, refuted claims that Nigeria sold $700 billion worth of solid minerals to America. The post Solid Minerals: FG Inaugurates Nigeria-US Committee On Strategic Cooperation appeared first on Channels Television.Channels TV
BUSINESS3d agoShettima says enterprise key to Nigeria’s $1 trillion economy“Our ambition to build a one-trillion-dollar economy cannot be realised by government alone. It requires an ecosystem in which businesses can emerge, grow, compete and contribute to national development,” Mr Shettima said. The post Shettima says enterprise key to Nigeria’s $1 trillion economy appeared first on Premium Times Nigeria.Premium Times
BUSINESS3d agoNigeria's Dangote oil refinery closes 'historic' IPOAfrica's largest ever initial public offering closed on Wednesday after raising funds from investors in 120 countries. The IPO for Nigeria's Dangote Petroleum Refinery was extended by two weeks to allow more Africans to participate.Africanews [en]
BUSINESS4d agoVisa card holders in Nigeria can now use Google Pay for fast, secure digital paymentsEligible Visa cardholders of participating financial institutions can now securely add their cards to Google Wallet and make fast, convenient, and secure payments across millions of contactless acceptance points and online merchants The post Visa card holders in Nigeria can now use Google Pay for fast, secure digital payments appeared first on Premium Times Nigeria.Premium Times
BUSINESS4d agoHow OPay is taking financial inclusion closer to more NigeriansOPay, which began operations in Nigeria in 2018, is helping bring everyday financial services closer to consumers and businesses through mobile payments, transfers, bill payments, savings, debit cards and merchant services. The post How OPay is taking financial inclusion closer to more Nigerians appeared first on Premium Times Nigeria.Premium Times
BUSINESS4d agoNigerian govt begins $100m South-east gas pipeline projectPresident Tinubu said the project was being implemented through the South-east Development Commission. The post Nigerian govt begins $100m South-east gas pipeline project appeared first on Premium Times Nigeria.Premium Times
BUSINESS4d agoHas Bola Tinubu succeeded in getting the Nigerian economy up and running?Dans un pays longtemps hanté par le spectre de l’effondrement, les liens économiques entre banques, industriels et investisseurs se renforcent. Pour le chef de l’État, l’épreuve consiste à transformer ce mouvement en prospérité partagée.Jeune Afrique
BUSINESS4d agoNigerian extradited from Benin to US over alleged $100m tax fraudA 43-year-old Nigerian, Akinade Adedeji Raheem, has been extradited from Benin to the United States to face federal charges over an alleged scheme involving more than $100 million in fraudulent tax refund claims using stolen identities. The post Nigerian extradited from Benin to US over alleged $100m tax fraud appeared first on Vanguard News.Vanguard Nigeria
BUSINESS4d agoUS arrests Nigerian man who fled to Nigeria in 2019 over money launderingA 34-year-old Nigerian man, Adetunji Abudu, has been arrested in the United States over an alleged money laundering conspiracy involving millions of dollars obtained through fraud schemes targeting elderly Americans. The post US arrests Nigerian man who fled to Nigeria in 2019 over money laundering appeared first on Vanguard News.Vanguard Nigeria
BUSINESS5d agoTotalEnergies closes $800M Nigeria oil divestment, retains key gas assetsTotalEnergies has finalized an $800 million divestment of its oil assets in Nigeria while retaining its key gas assets. This marks a strategic shift for the energy company in the region.Seeking Alpha Tech
BUSINESS5d agoBoI secures €2.22bn, N250bn funding for Nigerian industriesBy Yinka Kolawole The Bank of Industry (BoI) has secured more than €2.22 billion and N250 billion in new funding through major financing transactions concluded between 2024 and 2026, as the development finance institution intensifies efforts to bridge Nigeria’s industrial financing gap. Managing Director/Chief Executive Officer of BoI, Dr. Olasupo Olusi, disclosed this at a […] The post BoI secures €2.22bn, N250bn funding for Nigerian industries appeared first on Vanguard News.Vanguard Nigeria
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