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Business · The Punch ·
May Day 2026: Nigerian workers need a lift
The 2026 May Day celebrations in Nigeria highlighted calls for improved welfare and economic support for the national workforce. Labor representatives emphasized the necessity for interventions to enhance living standards and address challenges facing employees, advocating for better compensation and policy reforms to support workers across various industrial sectors.
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Business · The Punch ·
Displaced Benue residents reject mining allocation on farmlands
Displaced residents in Benue State are protesting the allocation of their farmlands for mining purposes. The affected individuals have rejected the decision to permit mineral extraction on agricultural sites, citing the potential destruction of their primary source of livelihood and further displacement from their ancestral lands.
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Business · The Punch ·
Allgreen to invest $10bn in 80m cookstove rollout
Allgreen has announced a $10 billion investment intended for the rollout of 80 million cookstoves. The initiative represents a large-scale effort to provide cooking equipment, significantly expanding the company's footprint in the energy sector while targeting a broad demographic for its distribution program across various regions.
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Business · The Punch ·
SUNU Assurances targets N9.34bn via rights issue
SUNU Assurances plans to raise N9.34 billion through a rights issue to bolster its capital base and support strategic expansion. The insurance firm aims to leverage the new funds to enhance its operations and competitive positioning within the Nigerian financial services sector, offering existing shareholders the opportunity to increase their stakes.
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Business · The Punch ·
MAN, NRS warn illicit financial flows weaken investment
The Manufacturers Association of Nigeria and other entities have highlighted the negative impact of illicit financial flows on the nation's investment landscape. They assert that these unauthorized capital movements weaken investor confidence and hinder industrial growth, necessitating urgent policy interventions to stabilize the financial system and encourage sustainable economic development.
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Business · The Punch ·
FG asserts control over mining, warns C’River agencies
The Federal Government has reaffirmed its constitutional authority over mining activities across Nigeria. This follows a warning issued to agencies in Cross River State against interfering with mineral resources management, emphasizing that mining regulation remains within the exclusive jurisdiction of the federal authorities rather than state-level departments.
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Business · The Punch ·
Beyond survival: What IFBC means for Nigeria’s family business future
The International Family Business Conference aims to address the long-term sustainability and strategic growth of family-owned enterprises in Nigeria. By moving beyond immediate survival strategies, the initiative seeks to enhance the contribution of these businesses to the national economy and ensure successful generational transitions within the sector.
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Business · The Punch ·
Clear vision for smarter revenue and stronger institutions in Nigeria
Nigeria is implementing a strategic approach aimed at enhancing revenue generation through smarter collection methods and the fortification of national institutions. The initiative focuses on fiscal stability and long-term economic growth by streamlining processes and ensuring transparency within various government agencies to foster a more resilient financial framework for the country.
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Business · ThisDay ·
ENTREPRENEURS AND GOVERNMENT AGENDA
The relationship between Nigerian entrepreneurs and the government's economic agenda focuses on how public policies and strategic initiatives aim to support business growth. This examination highlights the integration of private sector activities within the state's developmental framework to foster a more conducive environment for local enterprises.
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Business · The Punch ·
Odu’a chair backs Olubadan economic committee, seeks collaboration
The Chairman of Odu’a Investment Company Limited has expressed support for the economic committee established by the Olubadan of Ibadan. The partnership aims to foster regional economic growth and enhance collaborative efforts between the investment group and the traditional leadership to drive sustainable development and investment opportunities within the region.
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Business · ThisDay ·
SALUTE TO NIGERIAN WORKERS
The publication offers recognition to the Nigerian labor force for their contributions to national development. It highlights the dedication of workers across various sectors and acknowledges the essential role they play in the economy. The message serves as a formal tribute to employees throughout the country for their continued service.
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Business · ThisDay ·
RESTORING REVENUE INTEGRITY, CORRECTING PRICE DISTORTIONS
The Nigerian authorities are implementing strategic measures focused on restoring fiscal revenue integrity and addressing price distortions within the national economy. These reforms aim to enhance transparency, stabilize market pricing, and ensure long-term financial sustainability through the correction of systemic inefficiencies across various sectors of the country's economic landscape.
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Business · ThisDay ·
Tina Nwanya: Redefining Transparency, Affordability and Accessibility in Nigeria’s Travel Industry
Tina Nwanya is implementing strategic changes within the Nigerian travel sector to improve transparency, affordability, and accessibility for consumers. Her efforts aim to address common challenges in the industry, facilitating easier travel arrangements and fostering greater trust among stakeholders through modernized service delivery and pricing structures.
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Business · The Punch ·
Kwara to commercialise livestock sector
The Kwara State government has announced plans to commercialize the livestock sector to enhance economic productivity. This initiative aims to modernize animal husbandry practices and attract investment into the state's agricultural industry, potentially creating jobs and improving the local economy through structured commercial frameworks within the livestock value chain.
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Business · PM News ·
Oyedele: Why FEC approved $2.9bn rail projects for Lagos, Kano, Kaduna
The Federal Executive Council has approved rail projects worth $2.9 billion to enhance transportation infrastructure across Lagos, Kano, and Kaduna states. These initiatives aim to improve regional connectivity and support economic development by modernizing the national railway network through significant capital investment in key urban centers.
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Business · PM News ·
MTN Nigeria approves ₦152bn fintech restructuring
MTN Nigeria has sanctioned a ₦152 billion restructuring plan for its fintech business unit. This strategic move aims to streamline the company's financial services operations and strengthen its position in the competitive digital payment market, following approval from its board of directors to enhance shareholder value and operational focus.
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Business · PM News ·
UBA Drives Bank-Fintech Collaboration at Pan-African Conference
United Bank for Africa is spearheading efforts to enhance partnerships between traditional banking institutions and fintech companies. This initiative was highlighted during a recent Pan-African conference, where the bank emphasized the importance of synergy to drive financial inclusion and innovation across the African continent.
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Business · Premium Times ·
UBA Pushes Deeper Bank-Fintech Collaboration at pan African Conference
United Bank for Africa has called for stronger partnerships between traditional banking institutions and fintech firms during a pan-African conference. The move aims to foster innovation and improve financial service delivery across the continent by leveraging the strengths of both sectors to drive economic growth and digital inclusion for African consumers.
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Business · The Punch ·
BREAKING: Dangote refinery recalls sacked engineers, warns against further misconduct
Dangote Refinery has reinstated engineers who were previously dismissed from their positions. The management accompanied the recall with a stern warning to the returning staff members, cautioning them against engaging in further misconduct while performing their duties at the large-scale industrial facility.
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Business · Daily Post ·
Dollar to Naira exchange rate today, April 30, 2026: Nigerian currency sustains appreciation ahead of holiday
The Nigerian Naira maintained its upward trend against the United States Dollar on April 30, 2026. This continued appreciation of the local currency occurred just before the start of a public holiday period, reflecting current market dynamics in the foreign exchange sector and impacting the daily exchange rate.