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BUSINESS2d agoNigeria’s economy to grow at 4.3 % in 2026 — World Bank…Predicts 4.4% in 2027, 2028 By Emma Ujah Nigeria’s economy is expected to ‌ grow by 4.3 percent in 3026 and rise to an average 4.4% from 2027 to 2028, according to the World Bank, in its latest edition of Nigeria Development Update (NDU). This was contained in the latest edition of the NDU, released […] The post Nigeria’s economy to grow at 4.3 % in 2026 — World Bank appeared first on Vanguard News.Vanguard Nigeria
BUSINESS2d agoNigeria’s next phase of growth must reach more people and places.A business owner could win an order and still be unable to fulfil it. The road to the buyer maybusinessday · nigeria
BUSINESS2d agoNCDMB, Renaissance train 60 Nigerians in critical oil and gas technical skillsThe 12-month training programme holding at Nigeria Machine Tools Limited, Osogbo, Osun State will equip the trainees with specialised expertise in oil and gas engineering as well as other critical technical skills, fostering a new generation of industry-ready professionals. The post NCDMB, Renaissance train 60 Nigerians in critical oil and gas technical skills appeared first on Premium Times Nigeria.Premium Times
BUSINESS2d agoNigeria risks losing 38% of oil projects to energy transition — NRGIBy Folarin Kehinde The Natural Resource Governance Institute (NRGI) has warned that Nigeria risks failing to recover investments in 38 per cent of its upstream oil and gas projects, urging the Federal Government to reassess its petroleum investment strategy amid the global energy transition. The institute cautioned that some projects could become commercially unviable as […] The post Nigeria risks losing 38% of oil projects to energy transition — NRGI appeared first on Vanguard News.Vanguard Nigeria
BUSINESS2d agoDebt, Climate, Inequality Top Agenda As Nigeria, 19o Others Convene For World Bank–IMF SummitThe meetings come nearly a month after Nigeria called for an urgent overhaul of global governance structures and international financial institutions. The post Debt, Climate, Inequality Top Agenda As Nigeria, 190 Others Convene For World Bank–IMF Summit appeared first on Channels Television.Channels TV
BUSINESS3d agoFitch upgrades Nigeria’s outlook to positive, affirms ‘B’ ratingThe Federal Government says Fitch Ratings’ revision of Nigeria’s economic outlook to positive reflects sustained reforms, stronger external reserves and moderating inflation. The post Fitch upgrades Nigeria’s outlook to positive, affirms ‘B’ rating appeared first on Vanguard News.Vanguard Nigeria
BUSINESS3d agoNigerian govt speaks on Fitch’s credit ratingThe ratings agency cited foreign exchange reserve growth, easing inflation and economic reforms in revising Nigeria’s outlook from Stable to Positive. The post Nigerian govt speaks on Fitch’s credit rating appeared first on Premium Times Nigeria.Premium Times
BUSINESS3d agoSEC warns Nigerians against investing with unregistered WayvePayIt added that dealing with unregistered and unregulated entities exposes investors to the risk of fraud and potential loss of their investments. The post SEC warns Nigerians against investing with unregistered WayvePay appeared first on Premium Times Nigeria.Premium Times
BUSINESS3d agoFitch revises Nigeria’s outlook to positive on monetary, exchange rate reforms“The outlook revision reflects ongoing reform of the policy framework and Fitch's increased confidence that momentum will not be disrupted by upcoming elections,” Fitch said. The post Fitch revises Nigeria’s outlook to positive on monetary, exchange rate reforms appeared first on Premium Times Nigeria.Premium Times
BUSINESS3d agoNigeria’s Bangkok roadshow: Selling opportunity, pricing risk, By Adeola AkinremiIn July 2007, I attended the second session of the Conference of the Parties to the Framework Convention on Tobacco Control in Thailand. It was my first real encounter with Bangkok, and I remember the city for its contradictions: the squalor and the splendour, the disorder and the beauty, the old pressed against the new. […] The post Nigeria’s Bangkok roadshow: Selling opportunity, pricing risk, By Adeola Akinremi appeared first on Premium Times Nigeria.Premium Times
BUSINESS4d agoFG must address challenges killing Nigerian airlines — Aero Contractors MD, SanusiBy Dickson Omobola It was a celebratory mood at Aero Contractors headquarters at the Murtala Muhammed Airport, Lagos, on Monday, as the airline celebrated 67 years of operations. Past and current staff of Aero Contractors were present at the event, which was held at its hangar. After the event, the Managing Director/Chief Executive Officer of […] The post FG must address challenges killing Nigerian airlines — Aero Contractors MD, Sanusi appeared first on Vanguard News.Vanguard Nigeria
BUSINESS4d agoJTI reaffirms commitment to Nigeria’s economic growthBy Soni Daniel Japan Tobacco International (JTI) Nigeria has reaffirmed its long-term commitment to the country’s economic growth and development, expressing confidence in Nigeria’s future and pledging to sustain responsible business practices. The company, which said it had operated in Nigeria for 18 years, maintained that its continued presence reflected its confidence in the country’s […] The post JTI reaffirms commitment to Nigeria’s economic growth appeared first on Vanguard News.Vanguard Nigeria
BUSINESS4d agoNigeria Doesn’t Have Enough Crude For Dangote Refinery And Local Production, Says OyedeleHis comment came amid calls for the return of fuel subsidy. Opposition figures have announced different proposals, including a production subsidy for refineries in the country. The post Nigeria Doesn’t Have Enough Crude Oil To Service Dangote Refinery, Says Oyedele appeared first on Channels Television.Channels TV
BUSINESS4d agoNigerian newspapers review: FG offers petrol at N1,350 for next 30 daysIn today’s Nigerian newspapers review programme, Today in the News, Vanguard leads with the Federal Government saying it would offer a discount on petrol dispensed at the filling stations of the Nigerian National Petroleum Company (NNPC) Limited for the next 30 days. The post Nigerian newspapers review: FG offers petrol at N1,350 for next 30 days appeared first on Vanguard News.Vanguard Nigeria
BUSINESS4d agoNigeria’s Growth Hits 4.2% As State Revenues Rise By 93% — World BankEducation’s share of total expenditure fell from 14.9 per cent in 2021 to 12.1 per cent in 2025, while health spending remained broadly stable at around seven per cent. The post Nigeria’s Growth Hits 4.2% As State Revenues Rise By 93% — World Bank appeared first on Channels Television.Channels TV
BUSINESS4d agoNigeria’s raw commodity exports will be under focus as agribusiness leaders meet in UyoAs Nigeria struggles to turn its agricultural wealth into industrial growth and jobs, agribusiness leaders are targeting investment, processing and export opportunities at a regional conference in Uyo. The post Nigeria’s raw commodity exports will be under focus as agribusiness leaders meet in Uyo appeared first on Premium Times Nigeria.Premium Times
BUSINESS4d agoNigerian states’ revenue rises 93%, education spending falls — World BankNigeria’s 36 states recorded a 93 per cent increase in revenue between 2023 and 2025, but education’s share of total expenditure declined, the World Bank has said. The bank disclosed this in its latest Nigeria Development Update, which examined how increased public revenue has influenced spending priorities across the federation. The report was made available […] The post Nigerian states’ revenue rises 93%, education spending falls — World Bank appeared first on Vanguard News.Vanguard Nigeria
BUSINESS4d agoNigeria loses $2bn yearly to cocoa value addition gap — FG…production stuck at 300kg per hectare annually despite improved seedlings — CRINBy Cynthia Alo & Kafayat KokumoThe Federal Government has said that Nigeria loses about $2 billion annually in potential value from cocoa because the country’s processing capacity is largely underutilised.The Minister of Agriculture and Food Security, Abubakar Kyari, stated this in Lagos on Wednesday […] The post Nigeria loses $2bn yearly to cocoa value addition gap — FG appeared first on Vanguard News.Vanguard Nigeria
BUSINESS5d agoNigeria’s economy to grow at 4.3% in 2026 —World BankNigeria’s economy is expected to ‌ grow by 4.3 percent in 3026 and rise to an average 4.4% from 2027 to 2028, according to the World Bank, in its latest edition of Nigeria Development Update (NDU). This was contained in the latest edition of the NDU, released in Abuja, yesterday, with the bank assuring that […] The post Nigeria’s economy to grow at 4.3% in 2026 —World Bank appeared first on Vanguard News.Vanguard Nigeria
BUSINESS5d agoFuel subsidy would cost Nigeria over N20trn yearly — MinisterThe Federal Government has rejected calls for the return of petrol subsidy, warning that restoring petrol to its pre-reform price would cost more than N20 trillion annually and could eventually push the exchange rate towards N3,000 to a dollar and petrol prices to at least N2,000 per litre. The post Fuel subsidy would cost Nigeria over N20trn yearly — Minister appeared first on Premium Times Nigeria.Premium Times
BUSINESS5d agoNigeria Is Open For Responsible Investments In Gas Sector, Says FGThe government said it was also focused on enabling a conducive business atmosphere for investments. The post Nigeria Is Open For Responsible Investments In Gas Sector, Says FG appeared first on Channels Television.Channels TV
BUSINESS5d agoMoove shuts Nigeria operations, gives customers N35bn vehiclesMoove, a global mobility company founded in Lagos, has announced plans to shut down its operations in Nigeria and transfer ownership of eligible vehicles worth about N35 billion to its existing customers. The company disclosed this on Thursday, six years after commencing operations in Nigeria. According to Moove, customers whose vehicles qualify under the arrangement […] The post Moove shuts Nigeria operations, gives customers N35bn vehicles appeared first on Vanguard News.Vanguard Nigeria
BUSINESSBREAKING5d agoJUST IN: Moove exits Nigerian Market"As a thank you for customers’ trust and support, Moove will transfer full ownership of vehicles worth over N35 billion to current customers, free of charge," a statement said. The post Moove exits Nigerian Market appeared first on Premium Times Nigeria.Premium Times
BUSINESS5d agoWorld Bank sees Nigeria growth averaging 4.4% through 2028 - ReutersWorld Bank sees Nigeria growth averaging 4.4% through 2028 ReutersReuters World
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