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BUSINESSSep 15Nine Crude Oil Thieves Bag 10-Year Jail Term Each In Akwa IbomDelivering judgment, the presiding judge, Justice Joy Ikpeme, held that the prosecution had proved its case against the accused persons beyond reasonable doubt. The post Nine Crude Oil Thieves Bag 10-Year Jail Term Each In Akwa Ibom appeared first on Channels Television.Channels TV
BUSINESSSep 15Bolt, Yango, Gozem… Who will benefit from Uber's progressive withdrawal from Africa?Côte d’Ivoire, Tanzanie, Nigeria, Ouganda… Le géant américain des voitures de transport avec chauffeur (VTC) réduit progressivement sa présence sur le continent, ouvrant la voie à une multitude d’opérateurs aux stratégies d’acquisition aussi agressives que diverses.Jeune Afrique
BUSINESSSep 15Dangote’s wealth surges 63% to $51.3bn after refinery IPOLAGOS — Africa’s richest man and President of Dangote Industries Limited, Aliko Dangote, has seen his net worth surge by $19.9 billion to $51.3 billion following the commencement of the initial public offering, IPO, of Dangote Refinery. According to Forbes’ Real-Time Billionaires List, Dangote’s fortune rose 63.37 per cent from $31.4 billion on Sunday to […] The post Dangote’s wealth surges 63% to $51.3bn after refinery IPO appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 15CBN bags NES Award for economic reformsBy Babajide Komolafe The Central Bank of Nigeria (CBN) has received the Nigerian Economic Society’s (NES) Distinguished Organisation Award in recognition of its institutional reforms and contributions to Nigeria’s macroeconomic stability and economic development. The award was presented at the 67th Annual Conference of the NES, held in Abuja from September 7 to 10, 2026. […] The post CBN bags NES Award for economic reforms appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 15DHL Express launches Domestic Select to support growing businesses and domestic trade in NigeriaDomestic Select offers access to a trusted network that connects customers and businesses across Nigeria and affordable domestic shipping designed to support business growth and operational efficiency. The post DHL Express launches Domestic Select to support growing businesses and domestic trade in Nigeria appeared first on Premium Times Nigeria.Premium Times
BUSINESSSep 15Dangote IPO: Vetiva emerges lead adviserBy Peter Egwuatu Vetiva Advisory Services Limited has emerged as Lead Adviser to the proposed Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals FZE (DPRP), amidst several other parties to the landmark offer. The IPO, which opened yesterday is for 4.1 billion ordinary shares at N525 per share, with the company expected to […] The post Dangote IPO: Vetiva emerges lead adviser appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 15J.P. Morgan returns Nigeria to bond index after 11 years•$17.47bn FGN debt eligible   •Nigeria gets 7.4% weighting By Emma Ujah, Abuja Bureau Chief Nigeria is set to attract fresh foreign capital into its domestic debt market following the decision by global investment banking giant, J.P. Morgan, to return Federal Government of Nigeria, FGN, bonds to its Bond Index in its newly introduced Government Bond […] The post J.P. Morgan returns Nigeria to bond index after 11 years appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 15Lagos ports handle 84.6% of Nigeria’s N41.4trn tradeBy Efe Onodjae Lagos ports handled an estimated N35.07 trillion, or about 84.6 per cent, of Nigeria’s N41.44 trillion total merchandise trade in the second quarter of 2026, Q2’26, underscoring the overwhelming dominance of the nation’s commercial capital as the country’s principal trade gateway. The latest Foreign Trade in Goods Statistics released by the National […] The post Lagos ports handle 84.6% of Nigeria’s N41.4trn trade appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 15NIMASA targets November for E-Ship registration•As first applicant awaits ministerial approval for CVFF By Godwin Oritse The Nigerian Maritime Administration and Safety Agency (NIMASA) has concluded plans to automate vessel registration in Nigeria, a move aimed at streamlining the process and easing the challenges faced by shipowners. Meanwhile, the first applicant for the disbursement of the Cabotage Vessel Financing Fund […] The post NIMASA targets November for E-Ship registration appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 15FG backs MyCityApp launch of 100-day tourism calendar to drive $100bn economic growthThe platform was unveiled on Monday during the Ember2Remember National Stakeholders' Conference in Victoria Island, Lagos. The post FG backs MyCityApp launch of 100-day tourism calendar to drive $100bn economic growth appeared first on Premium Times Nigeria.Premium Times
BUSINESSSep 15FG targets $100bn tourism, creative economy with ‘Ember To Remember 2026’ national seasonBy Benjamin Njoku The Federal Ministry of Art, Culture, Tourism and the Creative Economy has reaffirmed its commitment to partner with state governments, investors, creative entrepreneurs, technology platforms, hospitality businesses and other stakeholders to build an ecosystem that can unlock Nigeria’s $100 billion tourism and creative economy potential. Speaking at the official flag-off of “Ember […] The post FG targets $100bn tourism, creative economy with ‘Ember To Remember 2026’ national season appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 15Dangote refinery launches Africa’s biggest IPO for retail investorsAfrica’s richest man Aliko Dangote on Monday launched an IPO for his $19 billion Nigerian oil refinery, seeking $1.6 billion from retail investors across the continent. The offering values Africa’s largest refinery at about $49 billion and has drawn both strong investor interest and concerns over its high valuation.France 24 [en]
BUSINESSSep 14Dangote’s N2.2trn IPO to democratise wealth creation — DangoteAliko Dangote, President and Chief Executive Officer of Dangote Industries Limited, has said the Initial Public Offering, IPO, of Dangote Petroleum Refinery and Petrochemicals, FZE, will democratise wealth creation by giving Nigerians and investors globally an opportunity to own shares in one of Africa’s major industrial projects. The post Dangote’s N2.2trn IPO to democratise wealth creation — Dangote appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 14Nigeria's Dangote refinery kicks off blockbuster IPONigerian billionaire Aliko Dangote launched the biggest-ever share sale on the African continent, listing 4.1 billion shares in his Lagos refinery on the stock exchange. He framed it as a "people's IPO" to give all Nigerians a chance to share the plant's wealth potentials. Trading is expected to start in November. Meanwhile, global oil prices continued to advance as attacks by Yemen's Houthi rebels forced Saudi Arabia to shut down its East-West oil pipeline.France 24 [en]
BUSINESSSep 14Nigerian oil refinery Dangote aims to raise 1.6 billion dollarsIn tonight's edition, Nigeria's Dangote refinery opens itself to public ownership with plans to raise 1.6 billion dollars from retail investors across the continent. Also, President Felix Tshisekedi calls on the National Service to clean up the streets of Kinshasa. And with a month and a half to go until the Youth Olympic Games begin, the Olympic flame begins its tour of Senegal, the tournament's host country.France 24 [en]
BUSINESSSep 14FG raises N1.23trn to tackle N4trn GenCos’ legacy debtThe Federal Government has raised about N1.23 trillion through two bond issuances to tackle N4 trillion legacy debt owed to electricity Generation Companies (GenCos). The post FG raises N1.23trn to tackle N4trn GenCos’ legacy debt appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 14[IN PICTURES] Dangote Refinery’s Historic IPO Opening At NGXThe IPO offers 4.1 billion ordinary shares at ₦525 per share, with a minimum subscription of 10 shares, valued at ₦5,250. The post [IN PICTURES] Dangote Refinery’s Historic IPO Opening At NGX appeared first on Channels Television.Channels TV
BUSINESSSep 14Nigeria’s oil output rises 0.4% in AugustThe Nigeria Upstream Petroleum Regulatory Commission disclosed this in its crude oil and condensate statistics report released on Sunday. The post Nigeria’s oil output rises 0.4% in August appeared first on Premium Times Nigeria.Premium Times
BUSINESSSep 14JP Morgan Lists FGN Bonds In New Emerging Markets IndexThe Federal Ministry of Finance said that index-tracking funds are expected to adjust their portfolios to reflect Nigeria’s weighting, potentially directing additional foreign portfolio inflows into the domestic bond market over time. The post JP Morgan Lists FGN Bonds In New Emerging Markets Index appeared first on Channels Television.Channels TV
BUSINESSSep 14Nigerian and Canadian Gambling Industries ComparedNigeria and Canada are among the world’s most active gambling markets, but they have developed in very different economic and regulatory environments. Both are experiencing rapid digital growth, rising mobile participation and increasing pressure to protect consumers, yet their dominant products, payment systems and levels of regulatory maturity differ considerably. Two Large but Unequal Markets […] The post Nigerian and Canadian Gambling Industries Compared appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 14Turkish Airlines drops Luanda as Angola's new airport strugglesThe Istanbul carrier permanently axed Luanda, along with four other African routes, becoming the latest international airline to exit the Angolan capital since its new airport opened in 2023. The facility was built for 15 million annual passengers but handled fewer than 800,000 in 2025.EuroNews [en]
BUSINESSSep 14Africa’s Biggest IPO: Dangote promises strong returns, generational wealth for investorsBy Udeme Akpan President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has assured investors that the Initial Public Offering (IPO) of Dangote Petroleum Refinery & Petrochemicals FZE presents a compelling opportunity for strong returns and sustainable wealth creation, positioning the offer as a chance for Nigerians and Africans to participate in one of […] The post Africa’s Biggest IPO: Dangote promises strong returns, generational wealth for investors appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 14Senegal: Facing Starlink, Sonatel pushes the State to enforce the rulesLe 7 septembre, la Cour suprême du Sénégal a suspendu Starlink après un recours déposé par Sonatel. L’opérateur historique dénonce des irrégularités dans l’attribution de la licence de la filiale d’Elon Musk et appelle l’État mettre à jour la régulation de ce type d’acteur.Jeune Afrique
BUSINESSSep 14Syria fuel crisis exposes risks for Nigeria, other nationsBy Udeme Akpan Syria’s latest fuel crisis has highlighted the vulnerability of countries that depend heavily on imported crude, refined products or foreign energy supplies, with implications for Nigeria and other developing economies.Syria raised diesel prices by 40% and gasoline prices by up to 28% following rising global procurement costs and disruptions to its domestic […] The post Syria fuel crisis exposes risks for Nigeria, other nations appeared first on Vanguard News.Vanguard Nigeria
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