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BUSINESS11h agoNaira Depreciation: Onafriq exits Nigeria’s agent bankingBy Juliet Umeh Pan-African technology company, Onafriq, has announced plans to wind down its agent banking business in Nigeria, operated under the Baxi brand by Onafriq Nigeria Payments Limited, citing inflation, naira depreciation and intensifying competition. The company said the economic pressures had increased operating costs and affected transaction volumes, while the rapid growth of […] The post Naira Depreciation: Onafriq exits Nigeria’s agent banking appeared first on Vanguard News.Vanguard Nigeria
BUSINESS14h agoThe artisanal miners behind Nigeria’s lithium boomNasarawa is at the heart of Nigeria’s lithium boom, where artisanal miners hope to benefit from the clean energy race.Al Jazeera [en]
BUSINESS14h agoUnited Nigeria Airlines plans N20 billion commercial paper issuanceAccording to the airline, the proposed issuance is part of its strategy to strengthen its financial position while expanding operations across domestic, regional, and international markets. The post United Nigeria Airlines plans N20 billion commercial paper issuance appeared first on Premium Times Nigeria.Premium Times
BUSINESS15h agoNigeria : Coca - Cola Nigeria Contributed $1 Billion Across Value Chain Coca-Cola Nigeria has reportedly contributed $1 billion across its value chain within the country. This highlights the significant economic impact of the company's operations in the region.allafrica.com · Nigeria
BUSINESS15h agoFintech firm Onafriq to close Nigeria agent banking businessOnafriq said the decision affects only its agent banking business in Nigeria and does not represent an exit from the Nigerian market. The post Fintech firm Onafriq to close Nigeria agent banking business appeared first on Premium Times Nigeria.Premium Times
BUSINESS17h agoNigeria’s metering rate jumps to 63% as unmetered electricity customers drop to 4.7 millionMetered customers in Nigeria increased from 7,903,819 in July to 8,045,565 in August, the data showed, representing a 1.8 per cent increase. The post Nigeria’s metering rate jumps to 63% as unmetered electricity customers drop to 4.7 million appeared first on Premium Times Nigeria.Premium Times
BUSINESS1d agoFG Flags Off N1 . 83tn Dangote - financed Niger Highway Project – THISDAYLIVEThe Federal Government has commenced a N1.83 trillion Niger Highway Project, financed by Dangote. This marks a significant infrastructure development for the region.thisdaylive.com · Nigeria
BUSINESS1d agoFG Reopens First Niger BridgeThe infrastructure was closed in September, 2026, to facilitate emergency maintenance and rehabilitation works by the Federal Ministry of Works. The post FG Reopens First Niger Bridge appeared first on Channels Television.Channels TV
BUSINESSBREAKING1d agoBreaking: Nigeria’s inflation rate drops to 14.63%NBS said: “In September 2026, the headline inflation rate stood at 14.63%, down from 15.39 per cent in August 2026, and stood at 20.98 per cent in the same month of the preceding year (September 2025). The post Breaking: Nigeria’s inflation rate drops to 14.63% appeared first on Vanguard News.Vanguard Nigeria
BUSINESS1d agoCardoso: Nigeria to replicate remittance reforms to diversify FX earnings“We went through a crisis in which our net external reserves fell to about $3 billion at one point, despite having a population of over 200 million people. In addition, we had outstanding foreign exchange obligations of more than $7 billion. The post Cardoso: Nigeria to replicate remittance reforms to diversify FX earnings appeared first on Vanguard News.Vanguard Nigeria
BUSINESS1d agoNigerian authors gain global distribution channel as Spotify launches audiobooksThe service gives Nigerian listeners access to more than 350,000 titles. The post Nigerian authors gain global distribution channel as Spotify launches audiobooks appeared first on Premium Times Nigeria.Premium Times
BUSINESS2d agoShell to sell Nigeria domestic gas business to Vaaris EnergyBy Faith Odukomaiya Shell Petroleum B.V. has signed an agreement to sell its full interest in Shell Nigeria Gas Group to Vaaris Energy Limited, a Nigerian energy company, as the oil major refocuses its investments on strategic businesses. Shell’s Country Chair in Nigeria, Elohor Aiboni, said the transaction would provide a platform for the domestic […] The post Shell to sell Nigeria domestic gas business to Vaaris Energy appeared first on Vanguard News.Vanguard Nigeria
BUSINESS2d agoTunisia: What has Kais Saied achieved economically in seven years?Rising prices, unemployment and public debt test Saied’s economic promises.Al Jazeera [en]
BUSINESS2d agoGrowtech West Africa, National Agricultural Development Fund partner to strengthen Nigeria’s agricultural growth, food securityThe collaboration connects Growtech’s international network of agricultural businesses, technology providers, and industry experts with NADF’s mandate to expand access to agricultural finance, strengthen productivity, and support food security in Nigeria The post Growtech West Africa, National Agricultural Development Fund partner to strengthen Nigeria’s agricultural growth, food security appeared first on Premium Times Nigeria.Premium Times
BUSINESS2d agoGrowtech West Africa, National Agricultural Development Fund partner to strengthen Nigeria’s agricultural growth, food securityThe collaboration connects Growtech’s international network of agricultural businesses, technology providers, and industry experts with NADF’s mandate to expand access to agricultural finance, strengthen productivity, and support food security in Nigeria The post Growtech West Africa, National Agricultural Development Fund partner to strengthen Nigeria’s agricultural growth, food security appeared first on Premium Times Nigeria.Premium Times
BUSINESS2d agoIn Thailand, Dangote Group hails Tinubu’s economic reforms, urges foreign investors to come to Nigeria“People say, and we agree with them, that it's difficult to find data about Nigeria, especially from the fiscal side. Something as important as our tax-to-GDP ratio, you can't find it easily.” The post In Thailand, Dangote Group hails Tinubu’s economic reforms, urges foreign investors to come to Nigeria appeared first on Premium Times Nigeria.Premium Times
BUSINESS2d agoMorocco: facing a new complaint for forgery, Rita Zniber denounces blackmailFrappée d’une interdiction de quitter le territoire marocain à la suite d’une plainte déposée par Mohamed Nabil Zniber, son beau-fils, la patronne du géant Diana Holding organise sa défense. Coulisses.Jeune Afrique
BUSINESS2d agoNigeria trains 100 officials ahead of anti-money laundering assessmentThe exercise comes nearly a year after Nigeria was removed from the Financial Action Task Force (FATF) grey list following steps to address weaknesses in its anti-money laundering and counter-terrorism financing system. The post Nigeria trains 100 officials ahead of anti-money laundering assessment appeared first on Premium Times Nigeria.Premium Times
BUSINESS2d agoAya Gold & Silver Q3 production surged 51% Y/Y; Morocco mine hits quarterly recordAya Gold & Silver reported a 51% year-over-year surge in its Q3 production, with its Morocco mine achieving a quarterly record. This indicates strong performance and growth for the company's mining operations.Seeking Alpha Tech
BUSINESS2d agoNigeria woos investors at World Petroleum CongressNigeria has called on international investors to take advantage of its vast oil and gas resources, ongoing industry reforms and strategic access to the African market to drive long-term investment in its energy sector. The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, made the call at the 25th World Petroleum Congress in […] The post Nigeria woos investors at World Petroleum Congress appeared first on Vanguard News.Vanguard Nigeria
BUSINESS2d agoNigeria woos foreign investors with 65 projects worth $78.5bnDescribing the initiative as part of the government's efforts to improve investment mobilisation, Osagie urged foreign investors to take a closer look at Nigeria. The post Nigeria woos foreign investors with 65 projects worth $78.5bn appeared first on Vanguard News.Vanguard Nigeria
BUSINESS2d agoIndonesia seeks Nigerian investors, eyes stronger trade tiesIndonesia is seeking increased investment from Nigerian businesses and stronger bilateral cooperation in renewable energy, waste management, manufacturing and agriculture, while expressing willingness to invest in Nigeria, and expand trade, industrial partnerships between both countries. The post Indonesia seeks Nigerian investors, eyes stronger trade ties appeared first on Vanguard News.Vanguard Nigeria
BUSINESS2d agoDangote refinery extends IPO: Plant has reshaped Nigeria's fuel marketThere has been a huge popular success for the IPO of the Dangote Refinery now ending on October 27th, 2026, after a 2-week extension. With the escalation of the conflict in the Middle East, the closure of the Strait of Hormuz has caused a surge in global crude prices and, in turn, supply shortages – pushing African and European countries to turn in mass to the Dangote refinery. The leading African producer of crude oil seeks to transform its status to a regional hub for refining and petrochemicals. FRANCE 24's Chinwe Ossundu reports.France 24 [en]
BUSINESS2d agoNigerian government introduces ‘five big fiscal reforms’ to woo investors, engender growth“People say, and we agree with them, that it's difficult to find data about Nigeria, especially from the fiscal side. Something as important as our tax-to-GDP ratio, you can't find it easily.” The post Nigerian government introduces ‘five big fiscal reforms’ to woo investors, engender growth appeared first on Premium Times Nigeria.Premium Times
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