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BUSINESSSep 9Petrol pump prices defy low depot rates, stay above N1,300By Udeme Akpan, Energy Editor Petrol prices remain elevated at filling stations across Nigeria despite a significant drop in depot prices raising fresh questions over profiteering between wholesale loading and retail prices. The latest mid-day depot price report for Tuesday, September 8, 2026, showed Premium Motor Spirit, PMS, also known as petrol selling between N1,266 […] The post Petrol pump prices defy low depot rates, stay above N1,300 appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 9Dollar to Naira exchange rate today, September 9, 2026The naira is trading at about ₦1,321.37 to the US dollar in the latest available official market data, while parallel-market quotes put the dollar at between ₦1,385 and ₦1,410, depending on the source and transaction side The post Dollar to Naira exchange rate today, September 9, 2026 appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 9Petrol pump prices defy low depot rates, stay above N1,300Petrol prices remain elevated at filling stations across Nigeria despite a significant drop in depot prices raising fresh questions over profiteering between wholesale loading and retail prices. The post Petrol pump prices defy low depot rates, stay above N1,300 appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 9Naira rises to N1,387/$ in parallel marketThe Naira yesterday appreciated to N1,387 per dollar from N1,390 in the parallel market on Monday The post Naira rises to N1,387/$ in parallel market appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 9Economic gains must show in Nigerians’ lives — CIBNNigeria’s improving macroeconomic indicators will amount to little if they failed to translate into lower living costs, more jobs, higher incomes and better living standards for citizens, the President and Chairman of Council of the Chartered Institute of Bankers of Nigeria, CIBN, Dr. Dele Alabi, has said. The post Economic gains must show in Nigerians’ lives — CIBN appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 9Canoe business booms at Ose-Ekwodu market in Onitsha…As young men make brisk business to surviveBy Nwabueze Okonkwo At the waterfront of the popular Ose-Okwodu market, Onitsha, located at the bank of the River Niger, boat and canoe transport business thrives. The Canoe park there is always busy with paddlers, and their loaders make brisk business. They work daily and make money to […] The post Canoe business booms at Ose-Ekwodu market in Onitsha appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 9Auditor-General’s Report: MDGIF not revenue collection agency — NMDPRABy Obas Esiedesa, Abuja ABUJA — The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has clarified that the Midstream and Downstream Gas Infrastructure Fund, MDGIF, is not responsible for collecting gas flare penalties, following concerns raised in the 2023/2024 Annual Report of the Auditor-General of the Federation. The NMDPRA, in a statement signed by […] The post Auditor-General’s Report: MDGIF not revenue collection agency — NMDPRA appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 9Investments: Zamfara to strengthen Public Private PartnershipThe Zamfara State Government said it will strengthen public-private partnerships to attract investment and deepen sustainable economic growth in the state. This was revealed by Governor Dauda Lawal at the 2026 Zamfara State Business Partnership and Economic Development Summit held in Gusau, the state capital. The summit, organised by the Ministry of Commerce, Industry and […] The post Investments: Zamfara to strengthen Public Private Partnership appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 8AOG aircraft: NCAA demands cuts in airline operationsBy Dickson Omobola NIGERIA Civil Aviation Authority, NCAA, has directed domestic airlines to cut down their flight operations whenever aircraft were grounded due to technical issues to avoid excessive disruption and hardship for passengers. AOG simply means aircraft on ground. Director of Public Affairs and Consumer Protection at NCAA, Michael Achimugu, who stated this on […] The post AOG aircraft: NCAA demands cuts in airline operations appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 8Aptech awards N701m scholarships, attracts 8,000 Nigerian youthsBy Prince OsuagwuMore than 8,000 Nigerian youths have participated in the 18th edition of Aptech Career Quest, with over 200 aspiring technology and creative professionals receiving scholarships worth more than N701 million.The initiative, organised by Aptech Nigeria in collaboration with Middlesex University London, is part of efforts to expose young Nigerians to career opportunities in […] The post Aptech awards N701m scholarships, attracts 8,000 Nigerian youths appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 8How failed calls trigger huge economic losses*SMEs lament: Our livelihood goes with poor network connections •Nigeria recorded over 5,000 fibre-optic cuts in six months – NCC •Telcos blame fiber cuts, vandalism, power By Juliet Umeh For Nigeria’s growing army of internet-reliant entrepreneurs and workers, the network bars on a mobile phone can mean the difference between earning a living and going […] The post How failed calls trigger huge economic losses appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 8Tinubu urges banks to turn recapitalisation into jobs, productionThe Nigerian leader challenged the banking and financial services sector to move beyond traditional financial intermediation and play a greater role in financing businesses, production, and job creation, saying macroeconomic stability must now translate into broad-based prosperity. The post Tinubu urges banks to turn recapitalisation into jobs, production appeared first on Premium Times Nigeria.Premium Times
BUSINESSSep 8Bagudu charges Australian Investors to consider NigeriaBagudu is encouraging Australian investors to consider opportunities in Nigeria. This initiative aims to attract foreign investment into the Nigerian economy.promptnewsonline.com · Nigeria
BUSINESSBREAKINGSep 8Kenya cracks down on foreign tradersIn tonight's edition, Hundreds of Burundians flocked to ⁠their embassy in ​Nairobi to get travel documents to return home. Also, in his first speech to the National assembly, Senegal’s Prime Minister Ahmadou Al Aminou Lo slams the rise of xenophobic rhetoric on the continent. And I speak to the founder of an AI surgical non-profit of the work being done in Tanzania to extend the reach of the country's 27 over burdened neurosurgeons.France 24 [en]
BUSINESSSep 8Appeal court upholds 10-year jail term for ex-NEXIM Bank MD OryaA three-member panel of the Court of Appeal dismissed the former NEXIM Bank’s managing director in a unanimous judgement on Tuesday. The post Appeal court upholds 10-year jail term for ex-NEXIM Bank MD Orya appeared first on Premium Times Nigeria.Premium Times
BUSINESSSep 8Iyinoluwa Aboyeji resigns as Learn Africa non-executive directorMr Aboyeji is the General Partner and Co-founder of Future Africa and a co-founder of Andela and Flutterwave. The post Iyinoluwa Aboyeji resigns as Learn Africa non-executive director appeared first on Premium Times Nigeria.Premium Times
BUSINESSSep 8SA analyst warns markets face a dangerous geopolitical backdropAn analyst from South Africa has issued a warning that global markets are currently facing a dangerous geopolitical backdrop. This assessment suggests potential instability or risks for the financial sector.Seeking Alpha Tech
BUSINESSSep 8Court fixes Sept 21 to hear motion for winding up of NICON InsuranceBy Ikechukwu Nnochiri ABUJA— The Federal High Court in Abuja has slated September 21 to hear a petition seeking to formally wind up NICON Insurance Limited following the cancellation of its operating licence. Justice Chigozie Onah, while fixing the matter for hearing, ordered that assets, properties, investments, bank accounts, books, records, documents, and other proprietary […] The post Court fixes Sept 21 to hear motion for winding up of NICON Insurance appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 8Ivanhoe Mines boosts size of Western Forelands copper discovery estimate by 30%Ivanhoe Mines announced a 30% increase in the estimated size of its Western Forelands copper discovery. This update significantly enhances the potential of the mining project.Seeking Alpha Tech
BUSINESSSep 8Tinubu to Banks: Rethink risk, drive real economy, not just profits…CIBN President says stronger indices must improve living standards…Nigeria’s credit bypassing job creators — World Bank…CBN: Recapitalisation reveals depth of local capital By Emma Ujah, Abuja Bureau Chief ABUJA — President Bola Tinubu has challenged Nigerian banks to rethink their approach to risk and play a more active role in driving economic growth and improving […] The post Tinubu to Banks: Rethink risk, drive real economy, not just profits appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 8Credit bypassing Nigeria’s job creators—World Bank OfficialThe World Bank has said Nigeria’s financial system is failing to channel sufficient credit to businesses with the greatest potential to create jobs, urging banks and development finance institutions to redirect capital towards productive sectors of the economy. The post Credit bypassing Nigeria’s job creators—World Bank Official appeared first on Premium Times Nigeria.Premium Times
BUSINESSSep 8Credit bypassing Nigeria’s job creators — World Bank OfficialThe World Bank has said Nigeria’s financial system is failing to channel sufficient credit to businesses with the greatest potential to create jobs, urging banks and development finance institutions to redirect capital towards productive sectors of the economy. The post Credit bypassing Nigeria’s job creators — World Bank Official appeared first on Premium Times Nigeria.Premium Times
BUSINESSSep 8Enugu United Palm Products invests &2.2m in palm oil refinery, begins commercial productionUnited Palm Products Limited (UPPL), a public-private partnership between Pragmatic Palms Limited is also investing $2.2 million in a refinery that would process Crude Palm Oil (CPO) into olein and stearin, while refining palm kernel oil. The post Enugu United Palm Products invests &2.2m in palm oil refinery, begins commercial production appeared first on Premium Times Nigeria.Premium Times
BUSINESSSep 8Enugu United Palm Products invests &2.2m in palm oil refinery, begins commercial productionUnited Palm Products Limited (UPPL), a public-private partnership between Pragmatic Palms Limited is also investing $2.2 million in a refinery that would process Crude Palm Oil (CPO) into olein and stearin, while refining palm kernel oil. The post Enugu United Palm Products invests &2.2m in palm oil refinery, begins commercial production appeared first on Premium Times Nigeria.Premium Times
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