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BUSINESS1d agoIPO: Dangote Petroleum Refinery extends offer period by two weeksA Nigerian oil refinery owned by Africa's richest man is extending the deadline for its initial public offering in order to broaden participation, its owner said Monday. The post IPO: Dangote Petroleum Refinery extends offer period by two weeks appeared first on Vanguard News.Vanguard Nigeria
BUSINESS1d agoEFCC arraigns ALSCON, Russian director on N582.4 million money laundering chargesThe EFCC said the transfers were not reported in writing to SCUML as required under Section 11(1)(b) of the Money Laundering (Prevention and Prohibition) Act, 2022. The post EFCC arraigns ALSCON, Russian director on N582.4 million money laundering charges appeared first on Premium Times Nigeria.Premium Times
BUSINESS1d ago11 vessels ‌‌‍‌‍⁠⁠‍‍‌‌‌‌expected at Lagos ports with petroleum products, food items, others – NPAIt added that 19 vessels were currently discharging various consignments at the Apapa and Tin Can Island ports. The post 11 vessels ‌‌‍‌‍⁠⁠‍‍‌‌‌‌expected at Lagos ports with petroleum products, food items, others – NPA appeared first on Premium Times Nigeria.Premium Times
BUSINESS1d agoElectricity firm explains why some customers are now paying higher billsAn official said the company was engaging customers to explain the differences in tariffs across the various electricity supply bands. The post Electricity firm explains why some customers are now paying higher bills appeared first on Premium Times Nigeria.Premium Times
BUSINESS1d agoAffordable Housing: FG, States harp on single-digit mortgage, longer repaymentMr Dantsoho also called for the expansion of mortgage access beyond the formal public and private sectors to capture Nigerians in the informal sector. The post Affordable Housing: FG, States harp on single-digit mortgage, longer repayment appeared first on Premium Times Nigeria.Premium Times
BUSINESS1d agoNTI centre managers begin one-month warning strike over unpaid allowancesThe forum said the decision followed several unsuccessful attempts to secure payment of the outstanding honoraria. The post NTI centre managers begin one-month warning strike over unpaid allowances appeared first on Premium Times Nigeria.Premium Times
BUSINESS1d agoCôte d’Ivoire, Senegal: can the Canadian Fortuna Mining succeed in its African gamble?Après Séguéla en Côte d’Ivoire, Fortuna prépare le développement de Diamba Sud au Sénégal. Une nouvelle étape stratégique pour le groupe minier, qui cherche à étoffer ses actifs pour soutenir sa montée en puissance.Jeune Afrique
BUSINESS1d agoThe seven African countries where salaries are the highestEn Afrique de l'Est, le Kenya a fait mieux que ses voisins comme la Tanzanie, l'Ouganda et le Rwanda, mais est resté derrière Djibouti, qui menait non seulement l'Afrique de l'Est, mais aussi l'ensemble du continent avec une moyenne de 2 836 dollars (1 647 007 FCFA) par mois.BBC Afrique
BUSINESS1d agoIbom Air appoints two executive directors, announces board retirementIbom Air has appointed two executive directors to oversee finance and legal affairs as the Akwa Ibom-owned airline pursues growth, while announcing the retirement of the state attorney-general, Uko Udom, from its board. The post Ibom Air appoints two executive directors, announces board retirement appeared first on Premium Times Nigeria.Premium Times
BUSINESS1d agoPREMIUM TIMES investigates TotalEnergies’ ‘zero routine flaring’ claimDespite TotalEnergies’ declaration that it ended routine gas flaring in Nigeria, persistent flare activity recorded by satellite data and witnessed around its OML 58 and OML 130 assets exposes a troubling gap between the company’s zero-flaring claim and independently verifiable evidence. The post PREMIUM TIMES investigates TotalEnergies’ ‘zero routine flaring’ claim appeared first on Premium Times Nigeria.Premium Times
BUSINESS1d agoAs Nigeria pursues industrial growth, Dorman Long Engineering’s legacy offers lessons in building local capacityFor Dorman Long Engineering, more than 75 years of operations provide a historical perspective on the development of Nigeria’s engineering sector. Its next chapter will be shaped by how effectively it builds on that experience and responds to the opportunities and demands ahead. The post As Nigeria pursues industrial growth, Dorman Long Engineering’s legacy offers lessons in building local capacity appeared first on Premium Times Nigeria.Premium Times
BUSINESS1d agoOne continent, two models: how Afreximbank challenges Standard Bank on the financing of major projectsLa banque multilatérale dispute au géant sud-africain la position de numéro un sur le terrain des mégaprojets. Un duel au sommet qui révèle surtout les failles du modèle bancaire commercial face aux besoins de l’Afrique.Jeune Afrique
BUSINESS1d agoNigeria’s Economy in Perspective: Fitch’s positive outlook: Turning improved confidence into economic opportunity, By Posi OlatubosunConfidence can open investors’ wallets. But can it put more money in Nigerians’ pockets? That is the question Fitch raised by revising Nigeria’s sovereign credit outlook from Stable to Positive while retaining its B rating. The announcement offers an encouraging signal about the country’s economic direction. For households struggling with living costs and businesses battling […] The post Nigeria’s Economy in Perspective: Fitch’s positive outlook: Turning improved confidence into economic opportunity, By Posi Olatubosun appeared first on Premium Times Nigeria.Premium Times
BUSINESS1d agoRestoring the naira as a store of value, By Uddin IfeanyiMuch of the palaver over the recent meeting of the Central Bank of Nigeria’s policy committee was exercised by how well the apex bank is doing its job. Against its primary goal of maintaining price stability, the CBN’s Monetary Policy Committee’s decision to recalibrate its monetary policy rate (MPR) in order to align it with […] The post Restoring the naira as a store of value, By Uddin Ifeanyi appeared first on Premium Times Nigeria.Premium Times
BUSINESS1d agoTCL Showcases 2026 SQD Mini LED TVs and Smart Home Innovations for Nigeria at West Africa Regional Launch in Côte d’IvoireThe regional launch highlights TCL’s expanding premium technology portfolio for Nigeria, led by its latest SQD Mini LED entertainment alongside QD-Mini LED, intelligent cooling, modern refrigeration, advanced laundry solutions and connected displays. Abidjan, Côte d’Ivoire, [DATE], 2026: TCL, a global leader in consumer electronics and the world’s No.1 Mini LED and Ultra Large Screen TV […] The post TCL Showcases 2026 SQD Mini LED TVs and Smart Home Innovations for Nigeria at West Africa Regional Launch in Côte d’Ivoire appeared first on Vanguard News.Vanguard Nigeria
BUSINESS1d agoTribargain Unveils a New E-Commerce Platform for the Nigerian MarketNigeria’s digital commerce landscape continues to evolve, creating opportunities for platforms that offer greater flexibility and more ways for people to exchange value. In line with this evolution, Tribargain has officially commenced operations in Nigeria, introducing a marketplace that combines traditional online shopping with trade-by-barter and auction services within a single digital ecosystem. Designed to […] The post Tribargain Unveils a New E-Commerce Platform for the Nigerian Market appeared first on Vanguard News.Vanguard Nigeria
BUSINESS1d agoBolt moves to avert shutdown as AUATON urges drivers to withdraw servicesThe union had called on drivers to withdraw their services on both platforms today in protest against the issues affecting their earnings and working conditions. The post Bolt moves to avert shutdown as AUATON urges drivers to withdraw services appeared first on Vanguard News.Vanguard Nigeria
BUSINESS1d agoFew Hong Kong investors take interest in listing by Africa’s top phone maker TranssionShenzhen Transsion Holdings drew a lukewarm response for its HK$3.36 billion (US$428 million) Hong Kong share offering, heightening worries over market sentiment for new listings in the fourth quarter. The maker of Africa’s bestselling phones closed its bookbuilding on Monday, with preliminary figures showing the offering attracted about 14,000 applications and was oversubscribed roughly 3.5 times, according to people familiar with the matter. Retail participation in Hong Kong initial public...South China Morning Post
BUSINESS1d agoFuel shortage persists in Malawi and disrupts daily lifeMalawi is once against facing a fuel shortage which is disrupting its daily life. For over a week, motorists across the country have been endlessly searching for fuel as uncertainty remains over potential improvements.Africanews [en]
BUSINESS1d agoOkonkwo Labels FG’s Fuel Discount Policy An ‘Import-Related Subsidy’Okonkwo's comment came days after the Federal Government announced a 30-day fuel discount policy as part of measures to cushion the impact of rising prices for the essential commodity. The post Okonkwo Labels FG’s Fuel Discount Policy An ‘Import-Related Subsidy’ appeared first on Channels Television.Channels TV
BUSINESS1d agoSenegal, Gabon, growth: African dossiers at the IMF and World Bank assembliesL’économie continentale résiste aux répercussions de la crise au Moyen-Orient. Un tournant stratégique se profile pour plusieurs pays africains dans leurs tractations financières avec le FMI.Jeune Afrique
BUSINESS1d agoNPA to fix rail, logistics gaps at inland dry portsMr Dantsoho says the facilities must be equipped to handle increasing cargo volumes and support the broader transformation of Nigeria's maritime sector. The post NPA to fix rail, logistics gaps at inland dry ports appeared first on Premium Times Nigeria.Premium Times
BUSINESS1d agoLCCI proposes 20% petrol price cut in six months…Welcomes FG’s stabilisation plan, seeks lower energy, logistics costs By Yinka Kolawole The Lagos Chamber of Commerce and Industry (LCCI) has proposed a six-month petrol price reduction programme targeting a 15 to 20 per cent cut in pump prices to ease the burden of high energy and transportation costs on Nigerian businesses and households. In […] The post LCCI proposes 20% petrol price cut in six months appeared first on Vanguard News.Vanguard Nigeria
BUSINESS1d agoNigeria primed to be Africa’s industrial powerhouse— Ex-UNIDO DGBy Yinka Kolawole A former Director-General of the United Nations Industrial Development Organisation (UNIDO), Dr Kandeh Yumkella, has said Nigeria has the essential foundations to become Africa’s industrial powerhouse but must translate its huge market, natural resources and entrepreneurial capacity into competitive production and exports. Yumkella, who identified Nigeria’s financial depth and strategic position within […] The post Nigeria primed to be Africa’s industrial powerhouse— Ex-UNIDO DG appeared first on Vanguard News.Vanguard Nigeria
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