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BUSINESS5d agoNo Nigerian airline makes $1m annual profit – Onyema…as Okonkwo says union derailed TSC payment deal with NCAA By Dickson Omobola Vice Chairman of the Airline Operators of Nigeria, AON, Allen Onyema, Thursday, disclosed that no domestic airline makes $1 million in annual profit, saying the high cost of operating in the country and the burden of multiple taxes, fees and charges imposed […] The post No Nigerian airline makes $1m annual profit – Onyema appeared first on Vanguard News.Vanguard Nigeria
BUSINESS5d agoLagos ports handle 84.6% of Nigeria’s N41.44trn trade…Apapa, Lekki, Tin Can dominate Q2’26 flowsBy Efe OnodjaeLagos ports handled an estimated N35.07 trillion, or about 84.6 per cent, of Nigeria’s N41.44 trillion total merchandise trade in the second quarter of 2026, Q2’26, underscoring the overwhelming dominance of the nation’s commercial capital as the country’s principal trade gateway.The latest Foreign Trade in Goods Statistics […] The post Lagos ports handle 84.6% of Nigeria’s N41.44trn trade appeared first on Vanguard News.Vanguard Nigeria
BUSINESS5d agoShell faces trial over alleged misleading evidence in Nigeria oil spill caseA UK High Court has ruled that allegations that witnesses who testified for Shell during earlier proceedings gave false or misleading evidence can be examined ahead of the full trial of a long-running oil pollution case brought by two Niger Delta communities. The post Shell faces trial over alleged misleading evidence in Nigeria oil spill case appeared first on Premium Times Nigeria.Premium Times
BUSINESS6d agoNigeria’s rebased economy must translate into industrial growth — Minister…Need to shift from resilience to sustained growth – MANBy Yinka KolawoleThe Minister of State for Industry, Senator John Owan Enoh, has said that Nigeria is faced with the challenge of translating the country’s N372.8 trillion rebased economy into higher manufacturing output, jobs and value addition, warning that a bigger economy on paper means little […] The post Nigeria’s rebased economy must translate into industrial growth — Minister appeared first on Vanguard News.Vanguard Nigeria
BUSINESS6d agoLocal content drive : Entrepreneurs eye Nigeria’s next growth cycle - Blueprint Newspapers LimitedEntrepreneurs in Nigeria are focusing on the country's next growth cycle as part of a local content drive. This indicates efforts towards economic development and diversification.blueprint.ng · Nigeria
BUSINESS6d agoNigerian newspapers review: [M-East crisis] Marketers set to adjust prices as crude surges past $100/bblIn today’s Nigerian newspapers review programme, Today in the News, Vanguard leads with oil marketers getting set to adjust the pump prices of petroleum products in the country as international crude benchmarks rose above $100 per barrel on Wednesday, increasing the cost of crude and potentially putting fresh pressure on domestic petroleum-product prices. The post Nigerian newspapers review: [M-East crisis] Marketers set to adjust prices as crude surges past $100/bbl appeared first on Vanguard News.Vanguard Nigeria
BUSINESS6d agoNigeria oil revenue to plunge 60 % from 2030 – ReportA report forecasts that Nigeria's oil revenue will plunge by 60% from 2030. This highlights a significant long-term economic challenge for the country.punchng.com · Nigeria
BUSINESSSep 9The Way Nigerians Save, Spend and Borrow is Changing with DigitvantPayNigeria is rapidly transforming how its people manage money. Driven by multiple pressures, including inflation that steadily erodes purchasing power, the naira’s persistent struggle against foreign currencies, and the lingering memory of cash scarcity in 2023, Nigerians are actively embracing digital platforms that promise convenience and reliability. One standout in this space is DigitvantPay, a […] The post The Way Nigerians Save, Spend and Borrow is Changing with DigitvantPay appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 9FG, Austria plan Vienna-listed bond to fund investors in NigeriaThe Federal Government is working with Austrian authorities and the Vienna Stock Exchange to establish a bond vehicle to raise capital for foreign companies investing in projects in Nigeria. Minister of Budget and Economic Planning, Atiku Bagudu, disclosed this while addressing the GPF Global Vienna meeting in Vienna, Austria, on Tuesday via a video message […] The post FG, Austria plan Vienna-listed bond to fund investors in Nigeria appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 9Nigerian newspapers review: Economic gains must show in Nigerians’ lives – CIBNIn today’s Nigerian newspapers review programme, Today in the News, Vanguard leads with the President and Chairman of Council of the Chartered Institute of Bankers of Nigeria (CIBN), Dr. Dele Alabi, saying Nigeria’s improving macroeconomic indicators will amount to little if they fail to translate into lower living costs, more jobs, higher incomes and better living standards for citizens. The post Nigerian newspapers review: Economic gains must show in Nigerians’ lives – CIBN appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 9WhatsApp spotlights Nigerian small businesses in new Power Your Hustle campaignWhatsApp is launching a new "Power Your Hustle" campaign to highlight small businesses in Nigeria. This initiative aims to support local enterprises.tribuneonlineng.com · Nigeria
BUSINESSSep 9Oil above $100, Nigeria faces revenue windfall, fuel price risksBy Udeme Akpan, Energy Editor Nigeria is poised for a major oil revenue boost but faces renewed pressure on fuel prices, inflation and operating costs as escalating hostilities between the United States and Iran push crude prices above $100 per barrel. Latest market data showed that the Organisation of Petroleum Exporting Countries Basket, including Nigeria’s […] The post Oil above $100, Nigeria faces revenue windfall, fuel price risks appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 9Processing, packaging key to closing Nigeria’s N9trn food import gap•As country spends N16trn on food imports in three years By Providence Ayanfeoluwa Nigeria’s huge food import gap presents a major opportunity for the domestic food processing and packaging industry to deepen local production, create jobs and retain more value within the economy, the Chief Executive Officer of Beta Glass Plc, Alex Gendis, has said. […] The post Processing, packaging key to closing Nigeria’s N9trn food import gap appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 9RMAFC targets Chinese investors to boost Nigeria’s oil, gas revenueBy ObasEsiedesa, Abuja The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has commenced engagements with key stakeholders as part of plans to attract increased Chinese investment into Nigeria’s oil and gas sector and boost revenue accruing to the Federation Account. The Commission, in a statement by Head, Information and Public Relations Unit, Maryam Yusuf, said […] The post RMAFC targets Chinese investors to boost Nigeria’s oil, gas revenue appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 9Economic gains must show in Nigerians’ lives — CIBNNigeria’s improving macroeconomic indicators will amount to little if they failed to translate into lower living costs, more jobs, higher incomes and better living standards for citizens, the President and Chairman of Council of the Chartered Institute of Bankers of Nigeria, CIBN, Dr. Dele Alabi, has said. The post Economic gains must show in Nigerians’ lives — CIBN appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 8Aptech awards N701m scholarships, attracts 8,000 Nigerian youthsBy Prince OsuagwuMore than 8,000 Nigerian youths have participated in the 18th edition of Aptech Career Quest, with over 200 aspiring technology and creative professionals receiving scholarships worth more than N701 million.The initiative, organised by Aptech Nigeria in collaboration with Middlesex University London, is part of efforts to expose young Nigerians to career opportunities in […] The post Aptech awards N701m scholarships, attracts 8,000 Nigerian youths appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 8Bagudu charges Australian Investors to consider NigeriaBagudu is encouraging Australian investors to consider opportunities in Nigeria. This initiative aims to attract foreign investment into the Nigerian economy.promptnewsonline.com · Nigeria
BUSINESSSep 8Credit bypassing Nigeria’s job creators—World Bank OfficialThe World Bank has said Nigeria’s financial system is failing to channel sufficient credit to businesses with the greatest potential to create jobs, urging banks and development finance institutions to redirect capital towards productive sectors of the economy. The post Credit bypassing Nigeria’s job creators—World Bank Official appeared first on Premium Times Nigeria.Premium Times
BUSINESSSep 8Credit bypassing Nigeria’s job creators — World Bank OfficialThe World Bank has said Nigeria’s financial system is failing to channel sufficient credit to businesses with the greatest potential to create jobs, urging banks and development finance institutions to redirect capital towards productive sectors of the economy. The post Credit bypassing Nigeria’s job creators — World Bank Official appeared first on Premium Times Nigeria.Premium Times
BUSINESSSep 8When the app meets an analogue economy: What Uber’s exit should make Nigeria ask (1), By Dipo BaruwaThe deeper issue is that Nigeria is more digitally connected than digitally organised. We have acquired the applications and embraced the devices, but we have not built all the physical, institutional and information infrastructure needed to extract their full economic value. Yet Nigeria is not short of plans. The National Integrated Infrastructure Master Plan already […] The post When the app meets an analogue economy: What Uber’s exit should make Nigeria ask (1), By Dipo Baruwa appeared first on Premium Times Nigeria.Premium Times
BUSINESSSep 8Nigerian newspapers review: Foreign investors pull out N266bn from Nigeria in 3 yrsIn today’s Nigerian newspapers review programme, Today in the News, Vanguard leads with foreign investors pulling out N266 billion from Nigeria in three years. The post Nigerian newspapers review: Foreign investors pull out N266bn from Nigeria in 3 yrs appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 8Nigeria Can Unlock 95 % Untapped Real Estate Potential , Says ExpertAn expert suggests that Nigeria has substantial untapped real estate potential, estimated at 95%. This highlights a significant economic opportunity within the country's real estate sector.allafrica.com · Nigeria
BUSINESSSep 8Nigeria’s trade surplus jumps 67% to N12.59trn in Q2’26By Yinka Kolawole Nigeria’s merchandise trade surplus surged by 66.8 per cent quarter-on-quarter to N12.59 trillion in the second quarter of 2026, from N7.55 trillion recorded in Q1, as a sharp rise in exports widened the gap between the country’s earnings from exports and its import bill. In its foreign trade statistics report released yesterday, […] The post Nigeria’s trade surplus jumps 67% to N12.59trn in Q2’26 appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 8Benue Cassava : Nigeria New Crude Oil , Says ExpertAn expert suggests that cassava from Benue, Nigeria, could become a significant economic resource, comparable to crude oil. This highlights potential agricultural and economic development in the region.punchng.com · Nigeria