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BUSINESSJul 1Four groups launches suit in suit over TotalEnergies’ oil asset divesement in NigeriaThe gorups requested documents would enable them to determine whether TotalEnergies has complied with France's Duty of Vigilance Law, which requires large companies to identify and prevent serious human rights and environmental risks linked to their operations and business relationships. The post Four groups launches suit in suit over TotalEnergies’ oil asset divesement in Nigeria appeared first on Premium Times Nigeria.Premium Times
BUSINESSJul 1Four groups launch lawsuit over TotalEnergies’ oil asset divestment in NigeriaThe groups requested documents would enable them to determine whether TotalEnergies has complied with France's Duty of Vigilance Law, which requires large companies to identify and prevent serious human rights and environmental risks linked to their operations and business relationships. The post Four groups launch lawsuit over TotalEnergies’ oil asset divestment in Nigeria appeared first on Premium Times Nigeria.Premium Times
BUSINESSJul 1How the cocoa price crash is crushing West African farmersCocoa prices reached a peak in 2024 before plummeting by nearly 75%, dealing a financial blow to millions of farmers in Ghana and Cote d'Ivoire. Will the crisis mark a turning point for the sector?DW News [en]
BUSINESSJul 1FTSE Russell halts Nigeria’s frontier market upgradeUntil the reclassification this March, Nigeria had been excluded from frontier markets for 30 months, following a sharp devaluation of its currency and other FX reforms. The post FTSE Russell halts Nigeria’s frontier market upgrade appeared first on Premium Times Nigeria.Premium Times
BUSINESSJul 1FTSE Russell blocks Nigeria’s upgrade to new settlement cycleUntil the reclassification this March, Nigeria had been excluded from frontier markets for 30 months, following a sharp devaluation of its currency and other FX reforms. The post FTSE Russell blocks Nigeria’s upgrade to new settlement cycle appeared first on Premium Times Nigeria.Premium Times
BUSINESSJul 1World Bank approves $1.25bn financing for Nigeria, unveils six-year growth strategyThe framework outlines the lender's strategy for supporting Africa's largest economy over the next six years. The post World Bank approves $1.25bn financing for Nigeria, unveils six-year growth strategy appeared first on Premium Times Nigeria.Premium Times
BUSINESSJul 1Nigeria's Dangote refinery imports first crude oil from UAENigeria’s Dangote Petroleum Refinery has imported two cargoes of crude oil from the United Arab Emirates this month, marking its first ever purchase from a Middle Eastern supplier, S&P Global Commodity Insights reported last week.Africanews [en]
BUSINESSJul 1AFA Initiative, KNY partner to develop mineral projects in AfricaThe agreement reflects the organisation's commitment to building stronger regional partnerships that support Africa's industrialisation agenda. The post AFA Initiative, KNY partner to develop mineral projects in Africa appeared first on Premium Times Nigeria.Premium Times
BUSINESSJul 1NIWIMNRO, AFA Initiative sign strategic partnership to advance inclusive mining in NigeriaThe MoU will remain in force for an initial period of three years, with opportunities for renewal and expansion based on the collaboration's success. The post NIWIMNRO, AFA Initiative sign strategic partnership to advance inclusive mining in Nigeria appeared first on Premium Times Nigeria.Premium Times
BUSINESSJul 1US Soy ready to help bridge Nigeria’s protein gap – OfficialsAs Nigeria grapples with rising food costs and a widening animal-protein gap, they say the solution lies not in competing with local farmers but in collaboration. The post US Soy ready to help bridge Nigeria’s protein gap – Officials appeared first on Premium Times Nigeria.Premium Times
BUSINESSJul 1Dangote, Congo National Oil Company Explore Strategic Partnership In Refining, Petroleum Products SupplyLeading a Congolese delegation on a visit to the Dangote Petroleum Refinery in Lagos, SNPC Managing Director, Maixent Raoul Ominga, described the facility as a strategic asset for Africa and expressed the national oil company's interest in developing a long-term partnership with Dangote, according to a statement by the company. The post Dangote, Congo National Oil Company Explore Strategic Partnership In Refining, Petroleum Products Supply appeared first on Channels Television.Channels TV
BUSINESSJul 1[VIDEO] Cooking Gas Prices Ease In NigeriaChecks by our correspondent showed that prices range from the margin of between ₦1,100 to ₦1,350 per kilogram in Lagos. The post [VIDEO] Cooking Gas Prices Ease In Nigeria appeared first on Channels Television.Channels TV
BUSINESSJul 1CEIBS Nigeria alumni urge executive education for business leadersExperts suggest Nigerian business leaders need greater exposure to global business models to navigate China's growing influence in trade, investment, and innovation. The post CEIBS Nigeria alumni urge executive education for business leaders appeared first on Premium Times Nigeria.Premium Times
BUSINESSJul 1South Africa Fuel Prices Drop: Massive Relief at the Pumps for MotoristsPRETORIA – South African motorists are finally seeing some relief at the pumps as fuel prices drop significantly across the board this Wednesday. The Department of Mineral and Petroleum Resources confirmed the adjustments, citing lower global oil prices and a stronger Rand against the US dollar as the primary drivers for the cuts. Department spokesperson [...]southafricatoday_net · south africa
BUSINESSJul 1Nigerians paid average of N1,431 for city bus trips in May — NBSThe latest data shows transport fares continued to rise across Nigeria in May, with motorcycle transport recording the sharpest annual increase among major transport categories. The post Nigerians paid average of N1,431 for city bus trips in May — NBS appeared first on Premium Times Nigeria.Premium Times
BUSINESSJul 1Africa can finally mine, beneficiate and industrialise on its own termsFrom Kenya to Ghana to Mali, governments are insisting their minerals be processed at home before they leave.Al Jazeera [en]
BUSINESSJul 1SICL Celebrates 40 Years of Shaping Nigeria’s Maritime FutureFrom 4 to 10 July 2026, Starzs Investments Company Limited (SICL), a leading indigenous maritime and offshore logistics company, will read more SICL Celebrates 40 Years of Shaping Nigeria’s Maritime Futurebusinessday · nigeria
BUSINESSJul 1Over 50 Nigerian firms embrace global sustainability reporting standards —FRCBy Progress Godfrey ABUJA — The Financial Reporting Council of Nigeria (FRC) says more than 50 organisations are actively working towards adopting the International Financial Reporting Standards (IFRS) Sustainability Disclosure Standards. Executive Secretary and Chief Executive Officer of the FRC, Dr. Rabiu Olowo, disclosed this yesterday   at the 5th Annual Nigeria Employers’ Summit in Abuja, themed,  […] The post Over 50 Nigerian firms embrace global sustainability reporting standards —FRC appeared first on Vanguard News.Vanguard Nigeria
BUSINESSJun 30Powering the Future: How TIM Motors Is Building the Foundation for Nigeria’s New Energy Mobility EraWhen conversations about the future of transportation come up, they often centre on the vehicles themselves: electric cars, hybrid technology, longer driving ranges, and smarter features. However, the future of mobility is about much more than what people drive. It is about the infrastructure that supports ownership, like the confidence customers have in new technology. […] The post Powering the Future: How TIM Motors Is Building the Foundation for Nigeria’s New Energy Mobility Era appeared first on Vanguard News.Vanguard Nigeria
BUSINESSJun 30Shell near sale of South African fuel stations to ADNOC in $1B deal - BloombergShell is reportedly close to selling its fuel stations in South Africa to ADNOC in a deal valued at approximately $1 billion. This potential transaction signifies a major corporate asset divestment in the energy sector.Seeking Alpha Tech
BUSINESSJun 30Payment processing, FX hindering Nigeria’s creative exports — ReportTagged The State of Nigeria’s Creative Economy 2026 Report, it is based on responses from 377 creative professionals. The post Payment processing, FX hindering Nigeria’s creative exports — Report appeared first on Premium Times Nigeria.Premium Times
BUSINESSJun 30Nigeria’s Blanche Aigle Communications makes Cannes Lions 2026 shortlistIts Gino World Jollof Festival campaign featuring Hilda Baci also earned it multiple award nominations. The post Nigeria’s Blanche Aigle Communications makes Cannes Lions 2026 shortlist appeared first on Premium Times Nigeria.Premium Times
BUSINESSJun 30Finance : la plateforme Bamboo mise sur le Kenya pour pallier la volatilité du marché boursier américainPrésente au Ghana et en Afrique du Sud, la plateforme d’investissement numérique nigériane souhaite s’ouvrir à ce nouveau marché d’ici à la fin de l’année 2026, dans un contexte marqué par un regain d’intérêt des particuliers pour les actions locales africaines.Jeune Afrique
BUSINESSJun 30Nigeria’s airline model holding back aviation growth – NegatuGlobal Chairman of Fairfax Africa Fund, a United States-based company, Mr Zemedeneh Negatu, Tuesday, faulted the ownership structure of Nigerian airlines, saying the industry's dependence on sole proprietorship is unsustainable and inconsistent with the business models of successful aviation markets around the world. The post Nigeria’s airline model holding back aviation growth – Negatu appeared first on Vanguard News.Vanguard Nigeria
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