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BUSINESSSep 29PNC 2026 to define priorities for the next decade of Nigerian content implementationAs Nigeria’s local content is set to enter a new chapter, the Practical Nigerian Content (PNC) forum returns for its landmark 15th edition, in Yenagoa, Bayelsa State, under the theme “Defining Strategic Priorities for the Next Decade of Nigerian Content Implementation” Organised by DMG Nigeria Events in partnership with the Nigerian Content Development and Monitoring […] The post PNC 2026 to define priorities for the next decade of Nigerian content implementation appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 29Revive textile sector for job creation, economic diversification — LabourBy Victor Ahiuma – Young The National Union of Textile, Garment and Tailoring Workers of Nigeria, NUTGTWN, has called on the Federal Government to urgently revive Nigeria’s moribund textile industry, describing the sector as critical to industrialisation, job creation and economic diversification. The union made the call at the First Abubakar D.O. Abutu Memorial Lecture […] The post Revive textile sector for job creation, economic diversification — Labour appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 29Banks awash with excess cash amidst poverty•As banking system liquidity surges 17% to N5.5trn By Elizabeth Adegbesan Amidst prevalent poverty in the country, Nigeria’s financial sector experienced a major injection of cash as the average net liquidity in the banking system surged to N5.53 trillion in May 2026. This represents a 17.16 per cent increase from the N4.72 trillion recorded previous […] The post Banks awash with excess cash amidst poverty appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 29Cape Town Airbnb hosts could pay triple ratesAirbnb hosts in Cape Town may face a potential increase to triple their current rates. This proposed change could significantly impact the local tourism and short-term rental market.citizen.co.za · South Africa
BUSINESSSep 29Naira dips, now N1,382/$ in parallel marketThe Naira yesterday depreciated to N1,382 per dollar from N1,378 in the parallel market last weekend. Similarly, the naira depreciated to N1,331.5 per dollar in the Nigerian Foreign Exchange Market, NFEM. The post Naira dips, now N1,382/$ in parallel market appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 29Job losses loom as N3.9trn debt may cripple 22 firmsA wide disparity in the ability of companies listed on the Nigerian Exchange Limited, NGX, to cover their debt obligations with cash has emerged, with some companies holding several times more cash than debt, while others have cash covering only a fraction of their outstanding borrowings. The post Job losses loom as N3.9trn debt may cripple 22 firms appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 29Nigeria banks : 66 years of boom , bust , reinventionNigerian banks have experienced 66 years of cycles including periods of growth, decline, and adaptation. This reflects the long-term economic trends and resilience of the banking sector in the country.thesun.ng
BUSINESSSep 29Why Lagos–Calabar Coastal Highway (2), by Eric TeniolaThis week continues the narrative on Lagos-Calabar Coastal Highway. She resided in Odukpani Local Government Area, where she vehemently fought for the abolition of the ancient custom of killing twin children and their mothers. She built herself a two-bedroom mud house with a veranda, a store and a parlour. She called it a Caravan while […] The post Why Lagos–Calabar Coastal Highway (2), by Eric Teniola appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 28Dangote needs 2.1m bpd Crude as CORAN, IPPG demand reliable supplyBy Olakunle Oke & Gbenoba Kamsy Africa’s richest man, Aliko Dangote, will require about 2.1 million barrels of crude oil per day to supply his expanding refining operations, highlighting the growing feedstock requirements as Nigeria seeks to establish itself as a regional refining hub. Dangote, represented by the Chief Economist of Dangote Refinery, Dr. Hassan […] The post Dangote needs 2.1m bpd Crude as CORAN, IPPG demand reliable supply appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 28Osubi Airport runway limits Delta’s aviation potential — GbemreBy Egufe Yafugborhi WARRI — Coordinator, Niger Delta Peace Coalition, Mr Zik Gbemre, has urged the Minister of Aviation and Aerospace Development, Festus Keyamo, to urgently expand the runway of Osubi Airport, saying its current length is limiting Delta State’s aviation and economic potential. Gbemre, in a statement on Monday, said Osubi Airport had outgrown […] The post Osubi Airport runway limits Delta’s aviation potential — Gbemre appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 28FG targets 70% local production of essential medicines by 2030The Minister of State for Health and Social Welfare, Iziaq Salako, disclosed this on Monday in Lagos while declaring open the 8th Nigeria Pharma Manufacturers Expo, organised by the Pharmaceutical Manufacturers Group of the Manufacturers Association of Nigeria (PMG-MAN). The post FG targets 70% local production of essential medicines by 2030 appeared first on Premium Times Nigeria.Premium Times
BUSINESSSep 28Stripped paint , secret debts inside PetroSA collapseThe collapse of a state-owned oil company reportedly involved signs of neglect and undisclosed financial obligations. This suggests issues of mismanagement and potential corruption within the entity.dailymaverick.co.za · South Africa
BUSINESSSep 28Construction work to begin on Ogun Deep Sea Port in November — AbiodunThe governor said the groundbreaking ceremony for the project would take place in November, after which construction would commence immediately, with the port expected to be substantially completed within two and a half years. The post Construction work to begin on Ogun Deep Sea Port in November — Abiodun appeared first on Premium Times Nigeria.Premium Times
BUSINESSSep 28Court convicts 21 firms of operating illegal investment schemes, imposes N630m finesThe EFCC accused the convicted 21 firms of acting in violation of section 57 (1) of the Banks and Other Financial Institutions Act of 2020. The post Court convicts 21 firms of operating illegal investment schemes, imposes N630m fines appeared first on Premium Times Nigeria.Premium Times
BUSINESSSep 28CBN to Nigerians: Handle Naira with dignityKANO — The Central Bank of Nigeria, CBN, has urged Nigerians, particularly traders, to handle the naira with care, pride and dignity to prolong the lifespan of banknotes and reduce the cost of replacing soiled and mutilated currency. The Director, Currency Operations and Branch Management, Dr Adedeji Adetona, gave the advice on Monday during a […] The post CBN to Nigerians: Handle Naira with dignity appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 28Dakar TER: behind the facade of modernity, a financial equation to solveAvec 100 millions de voyageurs transportés en cinq ans et un taux de ponctualité de 97 %, le train express affiche un bilan flatteur. Mais alors que l’extension vers l’aéroport international Blaise-Diagne vient d’être inaugurée, son développement pourra-t-il se poursuivre ?Jeune Afrique
BUSINESSSep 28LCCI leads push for digital tourism ecosystem in NigeriaBy Yinka Kolawole & Adaobi AbimbolaThe Lagos Chamber of Commerce and Industry (LCCI) has called for the development of a digitally intelligent tourism ecosystem in Nigeria, urging the government and private sector to leverage artificial intelligence (AI), digital infrastructure and data-driven solutions to unlock the sector’s economic potential.President of LCCI, Engr. Leye Kupoluyi, made the […] The post LCCI leads push for digital tourism ecosystem in Nigeria appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 28Telecom subscriptions hit 195.1m in July…Adds 2.88m subscriptions in one month By Juliet Umeh Nigeria’s active telecommunications subscriptions rose by 2.88 million in July 2026 to 195.11 million, up from 192.23 million recorded in June, according to the Nigerian Communications Commission, NCC. The increase represents a monthly growth of about 1.5 per cent, while the country’s teledensity rose from 88.67 […] The post Telecom subscriptions hit 195.1m in July appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 28Osogbo residents lost millions of Naira in food Ponzi schemeBy Shina Abubakar, Osogbo There was panic in Osogbo, Osun State, on Monday after a food outlet allegedly operating an investment scheme shut its premises, leaving hundreds of customers worried about funds they had paid for food supplies. The outlet, Global Food Initiative, reportedly began operations in early August around the Odi-Olowo area of the […] The post Osogbo residents lost millions of Naira in food Ponzi scheme appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 28Court Orders NMDPRA To Continually Grant Fuel Import Licences To Matrix, AA Rano, A.Y.MDelivering Judgement, Justice Ekwo held that the NMDPRA’s refusal to issue licences to the three oil marketers was in “direct non-compliance” with the Petroleum Industry Act (PIA). The post Court Orders NMDPRA To Continually Grant Fuel Import Licences To Matrix, AA Rano, A.Y.M appeared first on Channels Television.Channels TV
BUSINESSSep 28Nigeria’s Economy Too Small To Meet Development Needs – BaguduThe minister stated this on Monday at the National Assembly, noting that without the right economic choices, the nation’s economy will continue to fall short of citizens’ expectations. The post Nigeria’s Economy Too Small To Meet Development Needs – Bagudu appeared first on Channels Television.Channels TV
BUSINESSSep 28CBN urges Nigerians to handle Naira with careThis, according to the central bank, will extend its lifespan and reduce the cost of replacing soiled and mutilated notes. The post CBN urges Nigerians to handle Naira with care appeared first on Premium Times Nigeria.Premium Times
BUSINESSSep 28Aliko Dangote, the richest man in Africa: "When I was in primary school, I bought boxes of sweets and sold them. Even then I was very interested in business"El magnate nigeriano está vinculado al mundo empresarial desde pequeño.Cómo construyó su fortuna y la reciente salida de su compañía de petróleo a la bolsa.Clarín
BUSINESSSep 28Court orders NMDPRA to continue issuing fuel import licences to Matrix, AA Rano, AYM ShafaThe Federal High Court in Abuja has ordered NMDPRA to continue issuing and renewing petroleum products import licences to three major oil marketers, ruling that the regulator’s refusal to do so violates the Petroleum Industry Act (PIA). The post Court orders NMDPRA to continue issuing fuel import licences to Matrix, AA Rano, AYM Shafa appeared first on Premium Times Nigeria.Premium Times
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