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BUSINESSSep 15Petrol at N1,350 cheaper in Nigeria than neighbouring countries — Dangote“Expensive is relative. What they need to ask is, what’s the price in the neighbouring countries? There is still a lot of smuggling of the same petrol we are producing to our neighbouring countries because those neighbouring countries are about 30 to 50 per cent more expensive than Nigeria,” he said. The post Petrol at N1,350 cheaper in Nigeria than neighbouring countries — Dangote appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 15Nigerian newspapers review: Our N2.2trn IPO’ll democratise wealth creation – DangoteIn today’s Nigerian newspapers review programme, Today in the News, Vanguard leads with Aliko Dangote, President and Chief Executive Officer of Dangote Industries Limited, saying the Initial Public Offering of Dangote Petroleum Refinery and Petrochemicals FZE would democratise wealth creation by giving Nigerians and investors globally an opportunity to own shares in one of Africa’s major industrial projects. The post Nigerian newspapers review: Our N2.2trn IPO’ll democratise wealth creation – Dangote appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 15DHL Express launches Domestic Select to support growing businesses and domestic trade in NigeriaDomestic Select offers access to a trusted network that connects customers and businesses across Nigeria and affordable domestic shipping designed to support business growth and operational efficiency. The post DHL Express launches Domestic Select to support growing businesses and domestic trade in Nigeria appeared first on Premium Times Nigeria.Premium Times
BUSINESSSep 15J.P. Morgan returns Nigeria to bond index after 11 years•$17.47bn FGN debt eligible   •Nigeria gets 7.4% weighting By Emma Ujah, Abuja Bureau Chief Nigeria is set to attract fresh foreign capital into its domestic debt market following the decision by global investment banking giant, J.P. Morgan, to return Federal Government of Nigeria, FGN, bonds to its Bond Index in its newly introduced Government Bond […] The post J.P. Morgan returns Nigeria to bond index after 11 years appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 15Lagos ports handle 84.6% of Nigeria’s N41.4trn tradeBy Efe Onodjae Lagos 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 released by the National […] The post Lagos ports handle 84.6% of Nigeria’s N41.4trn trade appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 14Nigeria's Dangote refinery kicks off blockbuster IPONigerian billionaire Aliko Dangote launched the biggest-ever share sale on the African continent, listing 4.1 billion shares in his Lagos refinery on the stock exchange. He framed it as a "people's IPO" to give all Nigerians a chance to share the plant's wealth potentials. Trading is expected to start in November. Meanwhile, global oil prices continued to advance as attacks by Yemen's Houthi rebels forced Saudi Arabia to shut down its East-West oil pipeline.France 24 [en]
BUSINESSSep 14Nigerian oil refinery Dangote aims to raise 1.6 billion dollarsIn tonight's edition, Nigeria's Dangote refinery opens itself to public ownership with plans to raise 1.6 billion dollars from retail investors across the continent. Also, President Felix Tshisekedi calls on the National Service to clean up the streets of Kinshasa. And with a month and a half to go until the Youth Olympic Games begin, the Olympic flame begins its tour of Senegal, the tournament's host country.France 24 [en]
BUSINESSSep 14Nigeria’s oil output rises 0.4% in AugustThe Nigeria Upstream Petroleum Regulatory Commission disclosed this in its crude oil and condensate statistics report released on Sunday. The post Nigeria’s oil output rises 0.4% in August appeared first on Premium Times Nigeria.Premium Times
BUSINESSSep 14Nigerian and Canadian Gambling Industries ComparedNigeria and Canada are among the world’s most active gambling markets, but they have developed in very different economic and regulatory environments. Both are experiencing rapid digital growth, rising mobile participation and increasing pressure to protect consumers, yet their dominant products, payment systems and levels of regulatory maturity differ considerably. Two Large but Unequal Markets […] The post Nigerian and Canadian Gambling Industries Compared appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 14Syria fuel crisis exposes risks for Nigeria, other nationsBy Udeme Akpan Syria’s latest fuel crisis has highlighted the vulnerability of countries that depend heavily on imported crude, refined products or foreign energy supplies, with implications for Nigeria and other developing economies.Syria raised diesel prices by 40% and gasoline prices by up to 28% following rising global procurement costs and disruptions to its domestic […] The post Syria fuel crisis exposes risks for Nigeria, other nations appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 14Nigerian government raises ₦729 billion bond to tackle power sector debtThe Federal Government has raised ₦728.9 billion through the Series 2 issuance under its ₦4 trillion Power Sector Multi-Instrument Issuance Programme, bringing the total raised under the debt reduction programme to more than ₦1.1 trillion. The post Nigerian government raises ₦729 billion bond to tackle power sector debt appeared first on Premium Times Nigeria.Premium Times
BUSINESSSep 14Nigeria rejoins J.P. Morgan Global Bond Index after 11 yearsNigeria’s inclusion in a J.P. Morgan global bond index is expected to attract about $17.5 billion into the country’s debt market and lower bond yields by up to 200 basis points. The post Nigeria rejoins J.P. Morgan Global Bond Index after 11 years appeared first on Premium Times Nigeria.Premium Times
BUSINESSSep 14NNPC activates multiple pathways to transform Nigeria into global gas hub —OfficialNNPC says it is pursuing multiple pathways to expand Nigeria’s gas production, boost domestic utilisation and strengthen its position as a major global LNG supplier. The post NNPC activates multiple pathways to transform Nigeria into global gas hub —Official appeared first on Premium Times Nigeria.Premium Times
BUSINESSSep 14Nigeria: What's the real motivation behind Dangote's IPO 'for the people?'Dangote is seeking $1.6 billion from investors to finance a $14.3 billion expansion and thus double the refinery's capacity. The offer could give millions of Nigerians a stake in the company. But who can truly afford it?DW News [en]
BUSINESSSep 14IPO 'for the people' is out of reach for many in NigeriaDangote seeks $1.6 billion from investors to finance a $14.3 billion expansion and thus double the oil refinery's capacity. The offer could give millions of Nigerians a stake in the company. But who can truly afford it?DW News [en]
BUSINESSSep 14Nigeria, India aim to rebuild trade to $15bn as Modi pushes for more crude purchases—Expand cooperation in defence, pharmaceuticals, digital technology, fintech, renewable energy, creative industries By Johnbosco Agbakwuru ABUJA — NIGERIA and India have agreed to strengthen their strategic economic ties, with India seeking to resume crude oil purchases from Nigeria as both countries work to restore bilateral trade to its previous peak of nearly $15 billion. The […] The post Nigeria, India aim to rebuild trade to $15bn as Modi pushes for more crude purchases appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 14Nigeria, India Target $15bn Trade Revival As Modi Seeks Renewed Crude PurchasesBeyond the oil sector, both countries agreed to strengthen cooperation in key areas, including fintech, digital public infrastructure and the creative industries. The post Nigeria, India Target $15bn Trade Revival As Modi Seeks Renewed Crude Purchases appeared first on Channels Television.Channels TV
BUSINESSSep 14Nigerian newspapers review: Fuel price rises, deepens pressure on transporters, businesses, othersIn today’s Nigerian newspapers review programme, Today in the News, Vanguard leads with the surge in international crude oil prices above $100 per barrel which is pushing up petrol prices across Nigeria, with major marketers raising pump prices and creating fresh pressure on transporters, commuters, households and businesses. The post Nigerian newspapers review: Fuel price rises, deepens pressure on transporters, businesses, others appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 14Nigeria's Dangote bills refinery IPO as chance for ordinary Africans to buy inShares in Africa’s largest oil refinery went on sale on Monday with the initial public offering of Dangote Petroleum Refinery and Petrochemicals. Owner Aliko Dangote, the continent's richest man, says it's a chance for ordinary Africans to buy in.Africanews [en]
BUSINESSSep 14US says removal of maritime restrictions on Nigeria will improve shipping operationsMr Garcia described the removal of US restrictions as evidence of the country’s “sustained strengthening of port security and anti-terrorism compliance.” The post US says removal of maritime restrictions on Nigeria will improve shipping operations appeared first on Premium Times Nigeria.Premium Times
BUSINESSSep 13Fuel price rise deepens pressure on Nigerians…MRS raises pump price to N1,400/litre…NNPC stations move to N1,375/litre…Independent marketers raise prices to N1,400/litre By Udeme Akpan & Marian Eko LAGOS — The surge in international crude oil prices above $100 per barrel is pushing up petrol prices across Nigeria, with major marketers raising pump prices and creating fresh pressure on transporters, commuters, households […] The post Fuel price rise deepens pressure on Nigerians appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 13Uber exit exposes Nigeria’s transport, regulatory gaps — OyeThe Chairman of the Alliance for Economic Research and Ethics (AERE), Dele Oye, has said Uber’s decision to exit Nigeria after 12 years has exposed gaps in the country’s transport and regulatory system, particularly in competition, consumer choice, airport operations and governance. In a statement, Oye said the exit of the global ride-hailing company should […] The post Uber exit exposes Nigeria’s transport, regulatory gaps — Oye appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 13Nigeria’s crude oil output rises 0.4% in August — NUPRCBy Obas Esiedesa, Bangkok Nigeria’s crude oil and condensate production rose marginally by 0.4 per cent in August 2026 to 1.68 million barrels per day (bpd), from 1.67 million bpd recorded in July, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said. The increase came as the country sustained crude oil production at its Organisation […] The post Nigeria’s crude oil output rises 0.4% in August — NUPRC appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 13Average Nigerian can live on N3,000 daily — Reno OmokriBy Efe Onodjae Nigeria’s Ambassador-designate to Mexico, Reno Omokri, has said the average Nigerian can survive on N3,000 daily, arguing that poverty benchmarks should be considered within the economic context of individual countries. Omokri stated this on Sunday Politics, a television programme, while discussing the cost of living and international poverty standards. He said he […] The post Average Nigerian can live on N3,000 daily — Reno Omokri appeared first on Vanguard News.Vanguard Nigeria
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