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BUSINESSAug 8Interview : China zero - tariff treatment for African products opens new chapter in economic cooperation , says Nigerien expertA Nigerien expert states that China's zero-tariff treatment for African products opens a new chapter in economic cooperation. This highlights a significant development in international trade relations.sierraleonetimes.com · Sierra Leone
BUSINESSAug 7PTDF unveils strategy to support Nigeria’s $1trn GDP targetBy Obas Esiedesa, Abuja The Petroleum Technology Development Fund (PTDF) has unveiled a human capital development strategy aimed at supporting the Federal Government’s target of growing Nigeria’s economy to $1 trillion by 2030 through investment in specialised education, technical skills and energy research. The Executive Secretary of PTDF, Prof. Shua’ibu Aliyu, disclosed this on Friday […] The post PTDF unveils strategy to support Nigeria’s $1trn GDP target appeared first on Vanguard News.Vanguard Nigeria
BUSINESSAug 7Tinubu welcomes Nigeria into World Energy CouncilBy Johnbosco Agbakwuru, Abuja President Bola Tinubu, has welcomed the formal admission of Nigeria as the newest National Member Committee of the World Energy Council (WEC), describing it as a proud moment for the nation and a strong vote of confidence in Nigeria’s energy reforms and leadership role in Africa. The President said Nigeria’s entry […] The post Tinubu welcomes Nigeria into World Energy Council appeared first on Vanguard News.Vanguard Nigeria
BUSINESSAug 7Sanwo-Olu, Fashola advocate non-interest finance to drive Nigeria’s economic growthOther industry leaders urged greater adoption of non-interest finance, describing it as a critical tool for mobilising long-term capital and supporting Nigeria’s productive economy. The post Sanwo-Olu, Fashola advocate non-interest finance to drive Nigeria’s economic growth appeared first on Premium Times Nigeria.Premium Times
BUSINESSAug 7Nigeria mango industry can drive food security , create jobs – FGThe Federal Government of Nigeria states that the country's mango industry can significantly contribute to food security and job creation. This highlights potential economic and developmental benefits.thesun.ng
BUSINESSAug 6Nigeria, Canada expand air deal, facilitate direct flightsThe expanded agreement provides for multiple designated airlines and increased passenger and cargo capacity between Nigeria and Canada. The post Nigeria, Canada expand air deal, facilitate direct flights appeared first on Premium Times Nigeria.Premium Times
BUSINESSAug 6FG: Nigeria Now Expo to deepen solid minerals investmentBy Gabriel Ewepu ABUJA — The Federal Government has expressed optimism that the Nigeria NOW! Global Investors Expo 2026 will attract fresh investments into the solid minerals sector and deepen economic diversification efforts. The Minister of Solid Minerals Development, Dr. Dele Alake, represented by the Director-General of the Mining Cadastre Office (MCO), Engr. Simon Nkom, […] The post FG: Nigeria Now Expo to deepen solid minerals investment appeared first on Vanguard News.Vanguard Nigeria
BUSINESSAug 6Navy recovers 85,000 litres of stolen crude products in Niger DeltaThe Nigerian Navy, in furtherance of its offensive against crude oil theft, has successfully deactivated 2 illegal refining sites while maintaining pressure by dismantling a reactivated illegal refining network in the Niger Delta. The post Navy recovers 85,000 litres of stolen crude products in Niger Delta appeared first on Vanguard News.Vanguard Nigeria
BUSINESSAug 5Nigerian airlines may go extinct within 30 daysA report warns that Nigerian airlines face the possibility of extinction within 30 days. This indicates a severe economic crisis impacting the aviation sector in Nigeria.premiumtimesng.com · Nigeria
BUSINESSAug 5NAICOM revokes Nigeria Reinsurance’s licence, appoints Muiz Banire as receiver/liquidatorBy Innocent Anaba The National Insurance Commission, NAICOM, has revoked the operating licence of Nigeria Reinsurance Corporation over its failure to meet the statutory Minimum Capital Requirement, MCR, and appointed Dr. Muiz Banire, SAN, as Receiver/Provisional Liquidator to wind up the company’s affairs.The appointment took effect on August 3, 2026, following the cancellation of the […] The post NAICOM revokes Nigeria Reinsurance’s licence, appoints Muiz Banire as receiver/liquidator appeared first on Vanguard News.Vanguard Nigeria
BUSINESSAug 5Nigerian airlines may go extinct within 30 days – OnyemaPremium Times
BUSINESSAug 5Abuja becoming Nigeria’s most investor-friendly business environment – WikeRepresented by the FCT Minister of State, Dr Mariya Mahmoud, the minister declared that Abuja is fully open for credible local and international investment. The post Abuja becoming Nigeria’s most investor-friendly business environment – Wike appeared first on Vanguard News.Vanguard Nigeria
BUSINESSAug 4Solid Minerals: Nigeria, US to deepen strategic partnership, investmentTHE Nigerian Government and the United States of America, USA, are moving to deepen strategic partnership and investment in solid minerals development. The post Solid Minerals: Nigeria, US to deepen strategic partnership, investment appeared first on Vanguard News.Vanguard Nigeria
BUSINESSAug 4Nigerian govt issues guidelines on taxation of cryptocurrency, virtual assets, imposes penaltiesThe NRS said the new framework is intended to provide certainty for taxpayers while improving compliance and ensuring that Nigeria's rapidly growing virtual asset ecosystem is brought within the country's tax net. The post Nigerian govt issues guidelines on taxation of cryptocurrency, virtual assets, imposes penalties appeared first on Premium Times Nigeria.Premium Times
BUSINESSAug 4Nigeria Now West Africa Digital Powerhouse , Says TijaniA statement asserts that Nigeria has become West Africa's digital powerhouse. This highlights the nation's significant advancements in technology and digital economy.punchng.com · Nigeria
BUSINESSAug 4Nigeria’s foreign reserves surpass annual target, rise above $52.5bn – CBNBy Progress Godfrey Nigeria’s foreign reserves have exceeded the Central Bank of Nigeria’s (CBN) annual target, rising above $52.5 billion as of July 17, 2026, the highest level recorded in 17 years. The CBN stated this on Tuesday, emphasising that the growth was driven by renewed investor confidence and sustained capital inflows. Speaking at a […] The post Nigeria’s foreign reserves surpass annual target, rise above $52.5bn – CBN appeared first on Vanguard News.Vanguard Nigeria
BUSINESSAug 4Nigeria : pourquoi TotalEnergies conteste un redressement fiscal de 550 millions de dollarsTotalEnergies attaque le fisc nigérian en justice, contestant des redressements fiscaux qu’elle juge contraires à un accord signé avec la NNPC en 2008. Ce bras de fer s’inscrit dans le contexte de l’ambitieuse réforme fiscale menée par la présidence Tinubu.Jeune Afrique
BUSINESSAug 4Eligibility : How to apply for $150m NACCIMA loan window for Nigerian businessesThe article provides information on the eligibility criteria and application process for a $150 million loan facility offered by NACCIMA for Nigerian businesses. It outlines how enterprises can access this financial support.tribuneonlineng.com · Nigeria
BUSINESSAug 4How to apply: FG reopens portal for Nigerians to obtain N50,000 grantSmall business owners in Nigeria have a fresh opportunity to access government funding as the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) reopens its Conditional Grant Scheme. The post How to apply: FG reopens portal for Nigerians to obtain N50,000 grant appeared first on Vanguard News.Vanguard Nigeria
BUSINESSAug 48 companies sponsoring Nigerians, other foreign workers for work permits in CanadaCanada has identified eight companies participating in its Global Hypergrowth Project (GHP) whose eligible foreign hires can benefit from an LMIA-exempt work permit under the country’s Innovation Stream. The post 8 companies sponsoring Nigerians, other foreign workers for work permits in Canada appeared first on Vanguard News.Vanguard Nigeria
BUSINESSAug 3Nigeria must lead global energy security – Seplat CEO“The world is asking who can deliver energy reliably when the system is stressed. This is Nigeria’s moment to lead by improving uptime, securing routes, delivering more products to the market and deepening gas infrastructure.” The post Nigeria must lead global energy security – Seplat CEO appeared first on Premium Times Nigeria.Premium Times
BUSINESSAug 3Fidson, Nigeria’s largest pharmaceutical company, delivers N3.6 billion dividend to shareholdersThe approval comes against the backdrop of a year in which the company achieved key milestones in its growth trajectory. The post Fidson, Nigeria’s largest pharmaceutical company, delivers N3.6 billion dividend to shareholders appeared first on Premium Times Nigeria.Premium Times
BUSINESSAug 3Nigeria spared as seven OPEC+ producers raise output by 188,000 bpdNigeria was not part of the meeting because it is not participating in the additional voluntary production adjustment arrangement, meaning the latest output increase does not affect its production plans. The post Nigeria spared as seven OPEC+ producers raise output by 188,000 bpd appeared first on Vanguard News.Vanguard Nigeria
BUSINESSAug 3Nigeria : Dangote , Sinoma Sign $800m MOU to Expand Itori Cement Plant Capacity to 12 MTPADangote and Sinoma have signed an $800 million Memorandum of Understanding to expand the Itori Cement Plant in Nigeria. This agreement aims to increase the plant's capacity to 12 million tons per annum.allafrica.com · Nigeria