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BUSINESSAug 28Nigeria Costly Dependence on Textile ImportsNigeria is experiencing a costly reliance on textile imports, indicating an economic challenge for the country. This dependence could impact local industries and the national economy.punchng.com · Nigeria
BUSINESSAug 28Nigeria credit market nears 10 , 000 in Q1 - Punch NewspapersNigeria's credit market approached a valuation of 10,000 in the first quarter of the year. This indicates significant activity and potential growth within the country's financial sector.punchng.com · Nigeria
BUSINESSAug 28MultiChoice unveils regional masterclasses for filmmakersMultiChoice has introduced regional masterclasses for filmmakers. This initiative aims to support and develop talent in the film industry across various regions.punchng.com · Nigeria
BUSINESSAug 28Crude oil imports hit 2.39m MT across Lagos ports in AugustCrude oil maintained its position as the leading commodity on the import charts across Lagos ports in August, with a total volume of 2,392,354 metric tonnes recorded during the month. The post Crude oil imports hit 2.39m MT across Lagos ports in August appeared first on Vanguard News.Vanguard Nigeria
BUSINESSAug 27Tapping into Africa potentialThe article discusses the potential of Africa, likely in an economic or developmental context. This suggests a focus on opportunities for growth or investment across the continent.mg.co.za · South Africa
BUSINESSAug 27Only nine countries endorse ‘Borrowers’ Platform’ amid concerns over African nations’ debt burden“Civil society must be asking your governments, are you joining the Borrowers’ Platform? Why are you not joining the Borrowers’ Platform? What is it there that is holding you back?” The post Only nine countries endorse ‘Borrowers’ Platform’ amid concerns over African nations’ debt burden appeared first on Premium Times Nigeria.Premium Times
BUSINESSAug 27Nigeria’s economy stable, debt service declining – OyedeleOyedele projected that Nigeria’s GDP growth rate would exceed four per cent in 2026, reflecting continued improvement in economic activity. The post Nigeria’s economy stable, debt service declining – Oyedele appeared first on Vanguard News.Vanguard Nigeria
BUSINESSAug 27Cameroon: imbroglio surrounding the sale of SosucamLe changement de mains de la Société sucrière du Cameroun (Sosucam), qui doit quitter le giron de Castel pour être reprise par un consortium local, crée des remous. L’opération nourrit des crispations dans les rangs de la primature. Explications.Jeune Afrique
BUSINESSAug 27China imports $2 . 3bn Nigerian goods in six months , says envoyChina has imported a significant value of goods from Nigeria over a six-month period, according to an envoy. This highlights the trade relationship between the two countries.thenationonlineng.net · Nigeria
BUSINESSAug 27AANI backs NIPSS push to unlock Nigeria’s creative economyBy Joseph Erunke, Abuja ABUJA — The Alumni Association of the National Institute (AANI) has thrown its weight behind efforts by the National Institute for Policy and Strategic Studies (NIPSS) to unlock Nigeria’s creative economy, describing the sector as one of the country’s most valuable but underexploited economic assets. President of AANI, Ambassador Emmanuel Obi […] The post AANI backs NIPSS push to unlock Nigeria’s creative economy appeared first on Vanguard News.Vanguard Nigeria
BUSINESSAug 27Sibanye Stillwater set to report big jump in earnings on higher gold, PGM pricesSibanye Stillwater is expected to report a significant increase in earnings, driven by higher prices for gold and platinum group metals. This indicates a strong financial performance influenced by commodity market trends.Seeking Alpha Tech
BUSINESSAug 27NUPRC sets Q1 2027 deadline for completion of Abuja headquartersBy Obas Esiedesa, Abuja The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has set the first quarter of 2027 as the target for the completion of its proposed headquarters, known as The Barrel, in Abuja. The Commission said the speedy completion of the 10-storey facility would improve its operational efficiency and enhance Nigeria’s appeal to investors […] The post NUPRC sets Q1 2027 deadline for completion of Abuja headquarters appeared first on Vanguard News.Vanguard Nigeria
BUSINESSAug 27High feed cost, poor financing threaten fish production — FGMinister of Marine and Blue Economy, Dr Adegboyega Oyetola, disclosed this on Thursday in Abuja while inaugurating the Technical Committee on Accelerating Fish Production in Nigeria. The post High feed cost, poor financing threaten fish production — FG appeared first on Vanguard News.Vanguard Nigeria
BUSINESSAug 27High feed cost, poor financing threaten fish production — FGBy Folarin Kehinde The Federal Government has identified high feed costs, inadequate access to quality fish seed and broodstock, poor financing and weak fish-health systems as major challenges limiting fish production in Nigeria. Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, disclosed this on Thursday in Abuja while inaugurating the Technical Committee on Accelerating […] The post High feed cost, poor financing threaten fish production — FG appeared first on Vanguard News.Vanguard Nigeria
BUSINESSAug 27From Flares To Fortune: Nigeria’s Race To Turn Wasted Gas Into WealthThe success of that transition may ultimately be measured not only by how much carbon is kept out of the atmosphere, but by how much economic opportunity is created for Nigerians. The post From Flares To Fortune: Nigeria’s Race To Turn Wasted Gas Into Wealth appeared first on Channels Television.Channels TV
BUSINESSAug 27Tinubu tells NLNG to turn gas flaring into economic benefit for Nigerians“My major concern is the domestic utilisation, where you must be able to take out the flaring and convert potential environmental liability to what could be strategically and economically beneficial to the consumers in the country.” The post Tinubu tells NLNG to turn gas flaring into economic benefit for Nigerians appeared first on Premium Times Nigeria.Premium Times
BUSINESSAug 27Ghana bars export of unrefined goldGhana has announced a ban on the exporting of unrefined gold from the country. Africa’s leading gold producer wants to move beyond the role of a supplier of raw minerals and enable the country to capture greater economic value from its gold resources. Our correspondent, Justice Baidoo, has more.France 24 [en]
BUSINESSAug 27Dangote, Vitol, Alpha MBM: who will win the battle of refineries in East Africa?Trois géants de l’énergie se disputent le marché du raffinage en Afrique de l’Est. Derrière la course aux investissements, c’est le contrôle du brut, des infrastructures et des réseaux de distribution qui se joue.Jeune Afrique
BUSINESSAug 27Fuel subsidy: Let’s debate the real solution to Nigeria’s cost-of-living crisis, By John Okiyi KaluGovernment does not have to keep petrol artificially cheap forever. It needs to make transport, electricity, food production and household incomes progressively less dependent on cheap petrol… That is the conversation I want to hear from serious presidential candidates in 2027. On 29 May, 2023, petrol was selling at roughly ₦195 per litre at the […] The post Fuel subsidy: Let’s debate the real solution to Nigeria’s cost-of-living crisis, By John Okiyi Kalu appeared first on Premium Times Nigeria.Premium Times
BUSINESSAug 27Poor debt data, weak oversight threaten Africa’s debt management — ExpertsThey spoke at the sixth African Conference on Debt and Development (AfCoDD VI), organised by the African Forum and Network on Debt and Development (AFRODAD) in Nairobi, Kenya. . The post Poor debt data, weak oversight threaten Africa’s debt management — Experts appeared first on Premium Times Nigeria.Premium Times
BUSINESSAug 27Nigeria Petrol Supply : Domestic Refineries Account for 75 % Domestic refineries are reported to supply 75% of Nigeria's petrol, contributing significantly to the nation's energy supply. This highlights local production's role in fuel availability.punchng.com · Nigeria
BUSINESSAug 27Rising returns push young Nigerians toward investing earlyIncreasing financial returns are encouraging young people in Nigeria to start investing at an earlier age. This trend reflects a notable shift in youth economic engagement and investment habits.punchng.com · Nigeria
BUSINESSAug 26Africa must turn its wealth into bargaining power to rewrite global debt rules — ExpertsThe call comes months after African Union leaders adopted the Common African Position on Debt, which seeks to strengthen Africa’s collective hand in debt negotiations and push for changes to the global financial system. The post Africa must turn its wealth into bargaining power to rewrite global debt rules — Experts appeared first on Premium Times Nigeria.Premium Times
BUSINESSAug 26Nigeria , Thailand to expand bilateral ties in technology , agriculture , renewable energyNigeria and Thailand plan to strengthen their bilateral relationships across various sectors including technology, agriculture, and renewable energy. This expansion aims to foster mutual growth and cooperation between the two nations.premiumtimesng.com · Nigeria