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BUSINESSAug 16Zero-Tariff Policy: FG urges Nigerians to boost production, exportsBy Favour Ulebor ABUJA — The Federal Government has urged Nigerian businesses to increase production and take advantage of China’s zero-tariff policy to expand exports of Nigerian products to the Chinese market. The Special Assistant on Communication and New Media to the Minister of Foreign Affairs, Dr Magnus Eze, disclosed this in a statement on […] The post Zero-Tariff Policy: FG urges Nigerians to boost production, exports appeared first on Vanguard News.Vanguard Nigeria
BUSINESSAug 16NSDC Mobilises $1bn for Nigeria Sugar Self - SufficiencyThe NSDC has mobilized $1 billion to support Nigeria's goal of achieving self-sufficiency in sugar production. This highlights a significant investment in a national economic and agricultural initiative.punchng.com · Nigeria
BUSINESSAug 16As petrol prices soar, electric bikes gain ground in NigeriaRiders say the switch is helping them cut fuel and maintenance costs.Al Jazeera [en]
BUSINESSAug 15Under Wike , FCT moves from ninth - lowest to second - highest indebted in NigeriaUnder the leadership of Wike, Nigeria's Federal Capital Territory has shifted from being one of the least indebted to one of the most indebted regions. This indicates a significant change in the financial status of a key administrative area.premiumtimesng.com · Nigeria
BUSINESSAug 15Policy clash threatening Nigeria outdoor advertising sectorA conflict over policies is reportedly endangering Nigeria's outdoor advertising industry. This situation poses a risk to the sector's stability and operations.thesun.ng
BUSINESSAug 15Tinubu to diaspora : Move beyond remittances , invest in NigeriaTinubu is urging the diaspora to shift from remittances to direct investment in Nigeria. This call aims to boost economic development through foreign capital.thesun.ng
BUSINESSAug 14One judgment, thirty-six rulebooks: the compliance bill facing Nigeria’s digital gaming operatorsOn 22 November 2024, a seven-member panel of the Supreme Court struck down the National Lottery Act 2005. Twenty months on, the result is not deregulation but multiplication: operators that once relied on a single federal licence now negotiate a separate regime in every state where they accept a stake. For businesses built on software […] The post One judgment, thirty-six rulebooks: the compliance bill facing Nigeria’s digital gaming operators appeared first on Vanguard News.Vanguard Nigeria
BUSINESSAug 14Take Swift Advantage Of Nigeria - China Aquatic Deal , Minister Urges ExportersA minister has urged exporters to promptly take advantage of an aquatic deal between Nigeria and China. This move aims to boost trade and economic cooperation.leadership.ng · Nigeria
BUSINESSAug 14Local Digital Providers Key to Nigeria Digital EconomyThe article highlights the crucial role of local digital providers in the development of Nigeria's digital economy. This underscores the importance of domestic technological infrastructure and services for national economic growth.punchng.com · Nigeria
BUSINESSAug 13The 90-day clock on Nigeria’s oil future, By Muntasir Adamu KanamNot by speeches. Not by photographs. Not even by signature bonuses. But by whether, three years from now, we can point to producing wells, instead of framed licence certificates. The 2025 Licensing Round is over. The countdown has begun. Ninety days may not sound like a long time. But in Nigeria’s petroleum history, it could […] The post The 90-day clock on Nigeria’s oil future, By Muntasir Adamu Kanam appeared first on Premium Times Nigeria.Premium Times
BUSINESSAug 13FG, BOA partner to lift 80m vulnerable Nigerians out of povertyBy Joseph Erunke, Abuja The Federal Government has partnered with the Bank of Agriculture, BOA, to transition millions of vulnerable Nigerians from dependence on humanitarian assistance to sustainable livelihoods through access to agricultural finance, productive assets, skills and enterprise opportunities. The partnership was formalised through a Memorandum of Understanding, MoU, between the Federal Ministry of […] The post FG, BOA partner to lift 80m vulnerable Nigerians out of poverty appeared first on Vanguard News.Vanguard Nigeria
BUSINESSAug 13United Nigeria Airlines, Air Peace report losses as aviation union suspends strikeAir Peace and United Nigeria Airlines suffered significant operational disruption following Tuesday’s industrial action by aviation unions, with Air Peace putting its losses at more than ₦2 billion and United Nigeria reporting disruptions to more than 30 flights. The post United Nigeria Airlines, Air Peace report losses as aviation union suspends strike appeared first on Premium Times Nigeria.Premium Times
BUSINESSAug 13Nigeria’s oil output falls 37,000bpd to 1.546m bpd — OPECThe decline, based on secondary sources cited by OPEC, represents a 2.3 per cent month-on-month reduction in the country’s crude oil output. The post Nigeria’s oil output falls 37,000bpd to 1.546m bpd — OPEC appeared first on Vanguard News.Vanguard Nigeria
BUSINESSAug 13Nigeria eyes crude reform - CAJ News AfricaNigeria is considering reforms to its crude oil sector. This indicates potential shifts in the country's economic and energy policies.cajnewsafrica.com · Nigeria
BUSINESSAug 12EXPLAINER: What Tinubu’s new deep offshore tax incentives mean for NigeriaPresident Bola Tinubu has approved a new tax incentive framework for deep offshore oil and gas projects, designed to attract up to $50 billion in fresh investment, accelerate stalled developments and increase Nigeria’s crude oil production. The post EXPLAINER: What Tinubu’s new deep offshore tax incentives mean for Nigeria appeared first on Premium Times Nigeria.Premium Times
BUSINESSAug 12Nigeria’s crude oil production down 4% in July — NUPRCNigeria’s crude oil production fell by four per cent month-on-month in July 2026, despite the country maintaining production above its OPEC quota for the third consecutive month, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The post Nigeria’s crude oil production down 4% in July — NUPRC appeared first on Premium Times Nigeria.Premium Times
BUSINESSAug 12Pétrole : pourquoi le Nigeria se tourne de plus en plus vers la merPour échapper aux défaillances techniques de ses oléoducs terrestres et aux actes de sabotage qui les frappent dans le delta du Niger, la Nigerian National Petroleum Company privilégie les exportations de brut par voie maritime.Jeune Afrique
BUSINESSAug 12How Ridima Is Changing the Way Nigerians Buy, Sell and Think About Gift CardsAsk ten Nigerians what a gift card is, and most will describe the same thing: something you receive from someone, redeem at a store, and forget about. That description made sense ten years ago. It does not describe how gift cards in Nigeria work today. The post How Ridima Is Changing the Way Nigerians Buy, Sell and Think About Gift Cards appeared first on Vanguard News.Vanguard Nigeria
BUSINESSAug 12US-Iran crisis pushes oil to $87, Nigeria gains $22/barrelBy Udeme Akpan The latest disagreement between President Donald Trump and Iran over the reopening of the Strait of Hormuz has pushed up oil prices by 5 per cent to $87 per barrel from $83 per barrel in the global market. This was even as Bank of America (BofA) warned that oil prices could continue […] The post US-Iran crisis pushes oil to $87, Nigeria gains $22/barrel appeared first on Vanguard News.Vanguard Nigeria
BUSINESSAug 12Nigeria’s capital importation rises 256.9% to $2.82bnNigeria’s capital importation rose by 256.9 per cent year-on-year (YoY) to $2.82 billion in April 2026 from $0.79 billion in the corresponding period of 2025, indicating increased investor confidence in the economy, the Central Bank of Nigeria (CBN) has said. However, capital importation declined by 26.7 per cent month-on-month (MoM) from $3.85 billion in March […] The post Nigeria’s capital importation rises 256.9% to $2.82bn appeared first on Vanguard News.Vanguard Nigeria
BUSINESSAug 12Abdul Samad Rabiu, the other billionaire industrialist who wants to change NigeriaHis career path mirrors that of Aliko Dangote, Africa's richest person. More low-profile, the head of BUA also built an empire in cement and sugar and also comes from Kano, a city that has been a crossroads for trans-Saharan trade for millennia.Le Monde [en]
BUSINESSAug 11CIBN urges banks to deploy fresh capital to MSMEs as Nigeria targets $1 trillion economy“It can be widely accepted, and there is empirical evidence to support the fact that an economy cannot grow to a $1 trillion mark without the support of the financial services sector,” Mr Alabi said. The post CIBN urges banks to deploy fresh capital to MSMEs as Nigeria targets $1 trillion economy appeared first on Premium Times Nigeria.Premium Times
BUSINESSAug 11ECOWAS to offer $65,000 to Nigerian startups — How to applyThe Economic Community of West African States (ECOWAS) has opened applications for its 2026 Startup Awards, with a total cash prize of $65,000 up for grabs among the top three startups. The post ECOWAS to offer $65,000 to Nigerian startups — How to apply appeared first on Vanguard News.Vanguard Nigeria
BUSINESSAug 11In Kaduna, TMDK Group is strengthening Nigeria’s energy, food securityLying quietly beside the road is the TMDK Agro Industrial Park, estimated to cost $75 million, with the potential to unlock northern Nigeria’s agricultural wealth and address Nigeria’s food security concerns. The post In Kaduna, TMDK Group is strengthening Nigeria’s energy, food security appeared first on Premium Times Nigeria.Premium Times
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