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BUSINESSAug 13Four mobile operators in Egypt referred to prosecution over illegal SIM cardsFour mobile operators in Egypt have been referred to prosecution over illegal SIM cards. This indicates regulatory action against telecom companies for illicit practices.egyptindependent.com · Egypt
BUSINESSAug 13Nigeria’s oil output falls 37,000bpd to 1.546m bpd — OPECThe decline, based on secondary sources cited by OPEC, represents a 2.3 per cent month-on-month reduction in the country’s crude oil output. The post Nigeria’s oil output falls 37,000bpd to 1.546m bpd — OPEC appeared first on Vanguard News.Vanguard Nigeria
BUSINESSAug 13Dont malign the U . S . economy - Daily PressAn article from the Daily Press argues against negatively portraying the U.S. economy. This opinion piece reflects on the perception and state of the national economic situation.dailypress.net · United States
BUSINESSAug 13Nigeria eyes crude reform - CAJ News AfricaNigeria is considering reforms to its crude oil sector. This indicates potential shifts in the country's economic and energy policies.cajnewsafrica.com · Nigeria
BUSINESSAug 12EXPLAINER: What Tinubu’s new deep offshore tax incentives mean for NigeriaPresident Bola Tinubu has approved a new tax incentive framework for deep offshore oil and gas projects, designed to attract up to $50 billion in fresh investment, accelerate stalled developments and increase Nigeria’s crude oil production. The post EXPLAINER: What Tinubu’s new deep offshore tax incentives mean for Nigeria appeared first on Premium Times Nigeria.Premium Times
BUSINESSAug 12Nigeria’s crude oil production down 4% in July — NUPRCNigeria’s crude oil production fell by four per cent month-on-month in July 2026, despite the country maintaining production above its OPEC quota for the third consecutive month, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The post Nigeria’s crude oil production down 4% in July — NUPRC appeared first on Premium Times Nigeria.Premium Times
BUSINESSAug 12Pétrole : pourquoi le Nigeria se tourne de plus en plus vers la merPour échapper aux défaillances techniques de ses oléoducs terrestres et aux actes de sabotage qui les frappent dans le delta du Niger, la Nigerian National Petroleum Company privilégie les exportations de brut par voie maritime.Jeune Afrique
BUSINESSAug 12How Ridima Is Changing the Way Nigerians Buy, Sell and Think About Gift CardsAsk ten Nigerians what a gift card is, and most will describe the same thing: something you receive from someone, redeem at a store, and forget about. That description made sense ten years ago. It does not describe how gift cards in Nigeria work today. The post How Ridima Is Changing the Way Nigerians Buy, Sell and Think About Gift Cards appeared first on Vanguard News.Vanguard Nigeria
BUSINESSAug 12US-Iran crisis pushes oil to $87, Nigeria gains $22/barrelBy Udeme Akpan The latest disagreement between President Donald Trump and Iran over the reopening of the Strait of Hormuz has pushed up oil prices by 5 per cent to $87 per barrel from $83 per barrel in the global market. This was even as Bank of America (BofA) warned that oil prices could continue […] The post US-Iran crisis pushes oil to $87, Nigeria gains $22/barrel appeared first on Vanguard News.Vanguard Nigeria
BUSINESSAug 12Nigeria’s capital importation rises 256.9% to $2.82bnNigeria’s capital importation rose by 256.9 per cent year-on-year (YoY) to $2.82 billion in April 2026 from $0.79 billion in the corresponding period of 2025, indicating increased investor confidence in the economy, the Central Bank of Nigeria (CBN) has said. However, capital importation declined by 26.7 per cent month-on-month (MoM) from $3.85 billion in March […] The post Nigeria’s capital importation rises 256.9% to $2.82bn appeared first on Vanguard News.Vanguard Nigeria
BUSINESSAug 12Abdul Samad Rabiu, the other billionaire industrialist who wants to change NigeriaHis career path mirrors that of Aliko Dangote, Africa's richest person. More low-profile, the head of BUA also built an empire in cement and sugar and also comes from Kano, a city that has been a crossroads for trans-Saharan trade for millennia.Le Monde [en]
BUSINESSAug 11Sudan advances financial reforms , plans to revive key state sectors – The North Africa PostSudan is making progress with financial reforms and has plans to revitalize crucial state economic sectors. This indicates a national effort to improve economic stability and growth.northafricapost.com · Morocco
BUSINESSAug 11EagleRock outlines $129M-$133M 2026 normalized adjusted EBITDA guidance as it advances Permian acquisition strategyEagleRock has provided normalized adjusted EBITDA guidance of $129M-$133M for 2026, as it progresses with its Permian acquisition strategy. This financial outlook details the company's expected performance and strategic movements.Seeking Alpha Tech
BUSINESSAug 11CIBN urges banks to deploy fresh capital to MSMEs as Nigeria targets $1 trillion economy“It can be widely accepted, and there is empirical evidence to support the fact that an economy cannot grow to a $1 trillion mark without the support of the financial services sector,” Mr Alabi said. The post CIBN urges banks to deploy fresh capital to MSMEs as Nigeria targets $1 trillion economy appeared first on Premium Times Nigeria.Premium Times
BUSINESSAug 11ECOWAS to offer $65,000 to Nigerian startups — How to applyThe Economic Community of West African States (ECOWAS) has opened applications for its 2026 Startup Awards, with a total cash prize of $65,000 up for grabs among the top three startups. The post ECOWAS to offer $65,000 to Nigerian startups — How to apply appeared first on Vanguard News.Vanguard Nigeria
BUSINESSAug 11In Kaduna, TMDK Group is strengthening Nigeria’s energy, food securityLying quietly beside the road is the TMDK Agro Industrial Park, estimated to cost $75 million, with the potential to unlock northern Nigeria’s agricultural wealth and address Nigeria’s food security concerns. The post In Kaduna, TMDK Group is strengthening Nigeria’s energy, food security appeared first on Premium Times Nigeria.Premium Times
BUSINESSAug 11US-Africa Trade Commission appoints Aremu as Nigeria Country DirectorThe U.S.-Africa Trade Commission has appointed Dr. Fakunle John Aremu as its Country Director for Nigeria, according to an appointment letter dated July 10, 2026. Aremu is an international trade, investment and economic development executive with over 15 years of experience across Africa. In the letter signed by Titus Olowokere, the commission’s Executive Director/CEO, Aremu […] The post US-Africa Trade Commission appoints Aremu as Nigeria Country Director appeared first on Vanguard News.Vanguard Nigeria
BUSINESSAug 11Nigerian cost of living pain deepens as election loomsNigeria is experiencing an exacerbation of its cost of living crisis, occurring as an election approaches. This highlights worsening economic conditions in the country with potential political implications.businessghana.com · Ghana
BUSINESSAug 11Low import bill pushes Nigeria’s trade surplus to $3.46bBy Elizabeth Adegbesan Driven by an 18.7 percent decline in import bill, Nigeria’s trade surplus rose by 32.06 percent month-on-month (MoM) to $3.46 billion in April 2026 from $2.62 billion in March 2026. The Central Bank of Nigeria, CBN, disclosed this yesterday in its April 2026 Economic Report. CBN said: “The goods account recorded a […] The post Low import bill pushes Nigeria’s trade surplus to $3.46b appeared first on Vanguard News.Vanguard Nigeria
BUSINESSAug 11Tactile Medical projects $360M-$366M 2026 revenue as airway clearance ordering normalizes in Q4Seeking Alpha Tech
BUSINESSAug 10Paramount Is Formalizing Its Commitment to Theaters Does It Matter ? Paramount is formalizing its commitment to theatrical releases, prompting an inquiry into the significance of this decision. This suggests a strategic move by the studio regarding its film distribution model.indiewire.com · United States
BUSINESSAug 10Tinubu’s subsidy removal, FX reforms, stabilising Nigeria’s economy – Zacch AdedejiHe said the reforms by the Tinubu administration were necessary because it inherited an economy burdened by an unsustainable fuel subsidy regime, an opaque foreign exchange market, an underperforming oil sector and a narrow tax base. The post Tinubu’s subsidy removal, FX reforms, stabilising Nigeria’s economy – Zacch Adedeji appeared first on Premium Times Nigeria.Premium Times
BUSINESSAug 10Dangote refinery shifts Nigeria towards domestic value additionBy Udeme Akpan Nigeria’s petroleum industry is undergoing a shift from an export-driven crude oil model towards greater domestic processing following the operationalisation of the Dangote Petroleum Refinery in Lagos. For decades, Nigeria exported crude oil while importing refined petroleum products, including petrol, diesel and aviation fuel. The model generated foreign exchange from crude exports […] The post Dangote refinery shifts Nigeria towards domestic value addition appeared first on Vanguard News.Vanguard Nigeria
BUSINESSAug 10Nigerian newspapers review: Only 6 banks pay N1.27trn dividends despite huge profitsIn today’s Nigerian newspapers review programme, Today in the News, Vanguard's lead headline states that only six banks paid N1.27 trillion in dividends despite declaring huge profits. The post Nigerian newspapers review: Only 6 banks pay N1.27trn dividends despite huge profits appeared first on Vanguard News.Vanguard Nigeria
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