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Business · PM News ·
Obi Cubana, Ned Okonkwo, Grace Ofure, others unveil strategies for building sustainable wealth at Ahava UK conference
Obi Cubana, Ned Okonkwo, Grace Ofure and other participants unveiled strategies for building sustainable wealth at the Ahava UK conference. The headline does not specify the approaches discussed or provide further details about the event.
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Business · PM News ·
Nigeria runs on feeding bottle economy, elites not creating wealth – Utomi
Pat Utomi says Nigeria operates a “feeding bottle” economy, arguing that the country’s elites are not creating wealth. His remarks raise concerns about the economy’s reliance on wealth and resources generated elsewhere.
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Business · Nairametrics ·
FG raised $500 million for Lagos airport after subsidy removal, Keyamo says
Aviation Minister Festus Keyamo said the Federal Government raised $500 million for the Lagos airport following the removal of the fuel subsidy. The headline does not specify how the funds were raised or which airport projects they will finance.
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Business · Vanguard ·
NPA moves to cut export bottlenecks, targets forex inflows
The Nigerian Ports Authority is taking steps to reduce bottlenecks affecting exports, with the aim of improving export flows and boosting foreign exchange inflows. The headline does not specify the measures involved or provide details on their expected impact.
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Business · BusinessDay ·
Alert MFB ratings upgrades signal stronger capital, liquidity as bank targets national expansion
Alert Microfinance Bank has received ratings upgrades indicating stronger capital and liquidity, as it pursues plans to expand its operations nationally. The headline does not specify the rating agency or details of the bank’s expansion strategy.
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Business · Premium Times ·
Ibom Air, Etihad sign deal to connect five Nigerian cities to global network
Ibom Air and Etihad Airways have signed an agreement aimed at connecting five Nigerian cities to Etihad’s global network. The headline does not specify which cities are included, when the connections will begin, or the arrangements involved.
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Business · Daily Post ·
Lagos rent crisis: Adequate housing goes beyond building houses – Sanwo-Olu
Amid concerns over Lagos’s rent crisis, Sanwo-Olu said adequate housing requires more than simply building houses, pointing to a broader view of what is needed to address housing needs.
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Business · BusinessDay ·
Lagos developer opens hub to target Nigeria diaspora buyers
A Lagos developer has opened a hub focused on targeting Nigerians in the diaspora as prospective buyers. The headline does not provide details about the hub’s services or the properties being marketed.
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Business · Vanguard ·
FG, Lagos begin push for 24-hour power
The Federal Government and Lagos State have begun efforts to advance round-the-clock electricity supply. The headline does not specify the measures, timeline, locations, or parties involved in the initiative.
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Business · Vanguard ·
Nigeria’s industrial hub ambition hinges on competitive operating environment – MAN
The Manufacturers Association of Nigeria says the country’s ambition to become an industrial hub depends on creating a competitive operating environment. The headline does not specify which business conditions MAN considers most important or outline any policy recommendations.
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Business · Daily Trust ·
Remi Tinubu: The economy is stabilizing, inflation going down
Remi Tinubu says Nigeria’s economy is stabilizing and inflation is declining. The headline reports her assessment of current economic conditions, without providing supporting figures or further details.
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Business · Nigerian Tribune ·
FG, Lagos govt move to tackle electricity supply challenges
The Federal Government and Lagos State Government are taking steps to address electricity supply challenges. The headline does not specify the measures involved, when they will be implemented or how they are expected to affect consumers.
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Business · Vanguard ·
Customs auctions 22,175 litres of seized petrol
The Nigeria Customs Service has auctioned 22,175 litres of petrol that it seized. The headline does not specify where the fuel was seized, how the auction was conducted, or how much it raised.
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Business · PM News ·
Customs auctions N32.1m worth of seized petrol in Lagos
The Nigeria Customs Service auctioned seized petrol valued at N32.1 million in Lagos. The headline does not provide further details about the quantity of fuel, the auction process or the buyers.
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Business · Vanguard ·
Fortune Okeke: Bridging the Gap Between Hospitality Businesses and Booking Agents
The headline focuses on Fortune Okeke and efforts to connect hospitality businesses with booking agents. It points to a role centred on bridging the relationship between the two groups, without specifying the methods or outcomes involved.
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Business · PM News ·
Naira records biggest gain against euro in over two years
The naira recorded its largest gain against the euro in more than two years, marking a notable movement in the currency’s exchange rate. The headline does not specify the size of the gain, when it occurred or what factors drove the change.
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Business · Nigerian Tribune ·
Agriculture: FG, states, partners adopt coordinated approach to food security
The Federal Government, state governments and partners have adopted a coordinated approach to food security, bringing multiple levels of government and stakeholders together around agriculture and food supply challenges.
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Business · Leadership News ·
Investors Lock in Yields as CBN Rate Reset Drives Market Rates Down
Investors are locking in yields as a reset in the Central Bank of Nigeria’s rates pushes market rates lower. The headline points to a shift in borrowing and investment returns following the CBN adjustment, but provides no details on the scale of the decline or which market instruments are affected.
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Business · Nairametrics ·
FMDQ’s weekly FX turnover falls 35.4% to $1.7 billion as spot transactions drop $956 million
FMDQ’s weekly foreign exchange turnover declined 35.4% to $1.7 billion, with spot transactions falling by $956 million. The figures indicate lower activity in the FX market during the reported week.
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Business · Nigerian Tribune ·
Food prices drop by 50% as Germany backs Nigeria’s food security drive — FG
The Federal Government says food prices have fallen by 50% as Germany supports Nigeria’s efforts to improve food security. The headline does not specify which foods or markets recorded the decrease, or the details of Germany’s backing.