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BUSINESS2d agoNigeria records $947m remittances in July, nears $1bn monthly targetBy Babajide Komolafe LAGOS — Nigeria recorded $947 million in remittance inflows through International Money Transfer Operators (IMTOs) in July 2026, the highest monthly inflow ever recorded through formal channels, according to the Central Bank of Nigeria (CBN). The figure brings the apex bank closer to its $1 billion monthly remittance target set by Governor […] The post Nigeria records $947m remittances in July, nears $1bn monthly target appeared first on Vanguard News.Vanguard Nigeria
BUSINESS2d agoBanque Misr, Egypt’s second-largest, hit by US sanctions: What to knowMove comes as Washington steps up its efforts to economically pressure Iran amid deadlock in truce talks.Al Jazeera [en]
BUSINESS2d agoEnergyNet bets on Nigeria’s reforms with global investors’ platformAs global investors search for new destinations for energy, mining and infrastructure capital, EnergyNet believes Nigeria is ready to tell a different investment story, one built on reforms, partnerships and bankable projects rather than unrealised potential. The post EnergyNet bets on Nigeria’s reforms with global investors’ platform appeared first on Premium Times Nigeria.Premium Times
BUSINESS2d agoKeyamo Backs Review Of Nigeria - Germany Air PactKeyamo has expressed support for a review of the air pact between Nigeria and Germany. This involves policy discussions regarding international agreements.leadership.ng · Nigeria
BUSINESS3d agoMoody upgrades Nigeria outlook to positive on stronger external buffersMoody's has upgraded Nigeria's outlook to 'positive,' citing stronger external buffers. This reflects an improved financial assessment for the country.premiumtimesng.com · Nigeria
BUSINESS3d agoEgypt Banque Misr reviews US Iran sanctions notice , UAE central bank launches urgent examinationEgypt's Banque Misr is reviewing a US notice regarding Iran sanctions, while the UAE central bank has launched an urgent examination. This signifies regional financial institutions' responses to international sanctions.channelnewsasia.com · United States
BUSINESS3d agoMoody’s upgrades Nigeria’s outlook to “positive” on stronger external buffersIn a rating action published on Friday, the agency also alluded to Nigeria’s vibrant economic growth, backed by relative stability across macroeconomic indicators, among its key considerations for the upgrade. The post Moody’s upgrades Nigeria’s outlook to “positive” on stronger external buffers appeared first on Premium Times Nigeria.Premium Times
BUSINESS3d agoNigeria : Domestic production gets boost as VP Shettima heads FG committeeNigeria's Vice President Shettima will lead a federal government committee aimed at boosting domestic production. This indicates a government initiative to stimulate the national economy.blueprint.ng · Nigeria
BUSINESS3d agoHow Nigeria lost Adidas, Puma sponsorship deals — Pinnick“I was utterly flabbergasted when I got the letter from Adidas. A few weeks or a few months into my being NFF president, they were leaving,” Pinnick said. The post How Nigeria lost Adidas, Puma sponsorship deals — Pinnick appeared first on Vanguard News.Vanguard Nigeria
BUSINESSBREAKING3d agoUS due to cut off UAE branches of Egypt's Banque Misr over Iran tiesAfricanews [en]
BUSINESS3d agoThe subsidy trap : What Nigeria would be reversing , By Akeem BelloThis article discusses the "subsidy trap" and what Nigeria aims to reverse, according to an analysis by Akeem Bello. It addresses a significant economic policy challenge faced by the country.premiumtimesng.com · Nigeria
BUSINESS3d agoNigeria Remains Junk - Rated As Moody Turns PositiveNigeria retains its junk bond rating despite a positive outlook from Moody's. This indicates a mixed assessment of the country's economic stability and investment potential.naija247news.com · Nigeria
BUSINESS3d agoDAZN secures LaLiga rights for Sub-Saharan Africa, including NigeriaSports streaming platform DAZN has secured the rights to broadcast every LaLiga EA Sports match across Sub-Saharan Africa for the next three seasons, covering Nigeria and 47 other markets in the region. The post DAZN secures LaLiga rights for Sub-Saharan Africa, including Nigeria appeared first on Premium Times Nigeria.Premium Times
BUSINESS3d agoNigeria’s solar expansion not captured in official data – ReportThe report noted that Africa’s solar expansion is happening faster than official statistics indicate, largely because the rapid growth of distributed solar is difficult to measure and record. The post Nigeria’s solar expansion not captured in official data – Report appeared first on Premium Times Nigeria.Premium Times
BUSINESS3d agoMTN Nigeria’s independent director, Kola-Oyeneyin, to exit boardThe telecommunications giant noted that Mrs Kola-Oyeneyin’s exit will take effect from 31 August, although MTN did not state the reason for her exit in the regulatory filing. The post MTN Nigeria’s independent director, Kola-Oyeneyin, to exit board appeared first on Premium Times Nigeria.Premium Times
BUSINESS3d ago‘708.55GB gone’ — Nigerian lawyer threatens to sue MTN over rapid data lossA Nigerian lawyer, Zaenab Olawunmi Adams, has demanded an explanation from telecommunications giant MTN Nigeria over the alleged rapid depletion of her 800GB annual data plan. The post ‘708.55GB gone’ — Nigerian lawyer threatens to sue MTN over rapid data loss appeared first on Vanguard News.Vanguard Nigeria
BUSINESS3d agoNigeria seeks investment in oil and gas sector at China energy exhibitionNigerian delegation heading to China as part of the country's push for investment in its oil and gas sector. The post Nigeria seeks investment in oil and gas sector at China energy exhibition appeared first on Premium Times Nigeria.Premium Times
BUSINESS3d agoFG Deploys NASENI NSEP to Boost Livelihoods , Productivity Across Nigeria – THISDAYLIVEThe Nigerian Federal Government is deploying NASENI NSEP to enhance livelihoods and productivity across the country, indicating a national development initiative.thisdaylive.com · Nigeria
BUSINESS4d agoNigerian firm launches dual platforms to transform healthcare, transportation sectorsBy Olayinka Latona In a move to address two of Nigeria’s most pressing challenges, HoneyTreat Global Services Limited has unveiled groundbreaking digital platforms designed to revolutionise healthcare delivery and transportation safety across the nation. The official launch of QwikCare and Sur-DriveHT, held in Ikeja, Lagos, with the theme: ‘Beyond The Challenges, Technology leads The Way’, […] The post Nigerian firm launches dual platforms to transform healthcare, transportation sectors appeared first on Vanguard News.Vanguard Nigeria
BUSINESS4d agoNigeria can cut oil production costs with local chemicals — ExpertBy Udeme Akpan, Energy Editor A Nigerian chemical engineer, Godswill Chidiebere Agomuo, has called for increased local formulation and production of specialised oilfield chemicals, saying the move could reduce operating costs, promote technology transfer and strengthen Nigeria’s technical capacity in the oil and gas industry. At an estimated average of about $40 per barrel, Nigeria’s […] The post Nigeria can cut oil production costs with local chemicals — Expert appeared first on Vanguard News.Vanguard Nigeria
BUSINESS4d agoNigeria, Niger Customs administrations deepen cooperation to boost border tradeBy Godwin Oritse The Customs administrations of Nigeria and Niger Republic are currently engaged in discussions to address challenges hampering trade along the Kamba–Tungan Gyado border corridor. Recall that a trade delegation from the Nigerien Customs (Douanes du Niger) was recently hosted by the Nigeria Customs Service at the Command Headquarters in Abuja to deliberate […] The post Nigeria, Niger Customs administrations deepen cooperation to boost border trade appeared first on Vanguard News.Vanguard Nigeria
BUSINESS4d agoTreasury moves to sanction UAE branch of Egyptian bank over Iran tiesBanque Misr UAE processed about $1.8 billion over two years for some 100 companies that are potentially part of Iran's shadow banking network, Treasury said.CNBC
BUSINESS4d agoNigeria can cut oil production costs with local chemicals — EngineerBy Udeme Akpan, Energy Editor A Nigerian chemical engineer, Godswill Chidiebere Agomuo, has called for increased local formulation and production of specialised oilfield chemicals, saying the move could reduce operating costs, promote technology transfer and strengthen Nigeria’s technical capacity in the oil and gas industry. At an estimated average of about $40 per barrel, Nigeria’s […] The post Nigeria can cut oil production costs with local chemicals — Engineer appeared first on Vanguard News.Vanguard Nigeria
BUSINESS4d agoAirtel Africa doubles Nigeria investment, earmarks $1.1bn for expansionSays power crisis, vandalism threaten telecom investments in Nigeria By Juliet Umeh Airtel Africa has disclosed plans to significantly increase its capital investment in Nigeria as part of a broader $1.1 billion investment programme across its operations, targeting network expansion, data capacity, fibre infrastructure, spectrum and emerging technologies. The Group Chief Executive Officer, CEO, Airtel […] The post Airtel Africa doubles Nigeria investment, earmarks $1.1bn for expansion appeared first on Vanguard News.Vanguard Nigeria
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