Headlines from Nigerian publishers. Each story opens on the publisher's site.
The Federal Government has introduced a major fiscal incentive for new deep offshore oil and gas projects, allowing qualifying developments to restart the profit-oil sharing scale at 70:30 in favour of contractors, even where existing production in the same contract area has already moved to a…
The Punch · 2 months ago · 5 min read(opens The Punch in a new tab)
Universal Insurance Plc has secured a N7.128bn equity investment from FPNG Co-Nvest Limited as it moves to strengthen its capital base and meet regulatory requirements under the ongoing insurance industry recapitalisation exercise.
The Punch · 2 months ago · 2 min read(opens The Punch in a new tab)
The National Sugar Development Council is seeking to attract investment into Nigeria’s sugar industry through a $1bn engineering, procurement and construction-plus-finance agreement with SINOMACH of China and a N10bn Sugar Project Acceleration Fund established with the Bank of Industry.
The Punch · 2 months ago · 4 min read(opens The Punch in a new tab)
Nigeria’s telecommunications industry has been built over the past 25 years on the work of technicians, engineers and field professionals who have operated across difficult terrain and under demanding conditions, the Association of Telecommunications Companies of Nigeria has said.
The Punch · 2 months ago · 3 min read(opens The Punch in a new tab)
By Peter Egwuatu HBM Nigeria Plc, formerly Lafarge Africa Plc, recorded a 57 per cent increase in profit after tax (PAT) to N208 billion in the first half of 2026 (H1’26), from N132.677 billion recorded in the corresponding period of 2025. The cement manufacturer, in its financial results released…
Vanguard News · 2 months ago · 2 min read(opens Vanguard News in a new tab)
Guaranty Trust Holding Company Plc has seen its interest income surge more than sixfold since the COVID-19 pandemic, while its banking subsidiary, Guaranty Trust Bank, has raised customers’ international spending limit on naira cards to $40,000 per quarter.
The Punch · 2 months ago · 3 min read(opens The Punch in a new tab)
Investors have shown strong appetite for long-term domestic assets as the Bank of Industry Limited successfully closed its maiden N250bn Series 1 Fixed Rate Bond, with the offer oversubscribed.
The Punch · 2 months ago · 3 min read(opens The Punch in a new tab)
The investment banker and founder of FinTribe, Jennifer Awirigwe, has reiterated the organisation’s mission and commitment to making savings, investment, and financial literacy easy and accessible to Nigerian and African women seeking financial independence.
The Punch · 2 months ago · 2 min read(opens The Punch in a new tab)
Veritasi Homes & Properties Plc has completed a N50bn non-interest commercial paper programme as the real estate developer moves to strengthen its funding capacity and accelerate expansion across Nigeria.
The Punch · 2 months ago · 3 min read(opens The Punch in a new tab)
Investors placed N4.93tn worth of bids for the Central Bank of Nigeria’s Open Market Operations bills on Thursday, underscoring the strong demand for high-yield short-term instruments amid elevated interest rates.
The Punch · 2 months ago · 3 min read(opens The Punch in a new tab)
By Rosemary Iwunze President/Chairman of Council, Chartered Insurance Institute of Nigeria, CIIN, Mr. Akinjide Orimolade has said that the future of the insurance profession depends on the quality of leadership, innovation and professionalism that is cultivated today. Orimolade made the assertion…
Vanguard News · 2 months ago · 3 min read(opens Vanguard News in a new tab)
The National Sugar Development Council has said it is mobilising a $1bn investment pipeline to accelerate Nigeria’s drive towards sugar self-sufficiency.
The Punch · 2 months ago · 4 min read(opens The Punch in a new tab)
By Babajide Komolafe, Economy Editor The Revenue Mobilisation Allocation and Fiscal Commission, RMAFC, has completed the review of the remuneration of political office holders, 18 years after their salaries were last reviewed by law, saying the proposed new remuneration and revenue allocation Bills…
Vanguard News · 2 months ago · 4 min read(opens Vanguard News in a new tab)
The Bank of Industry has unveiled a financing strategy that will see 80 per cent of its lending to large enterprises channelled into priority sectors, including power, manufacturing, agribusiness, pharmaceuticals and digital infrastructure, as it positions itself at the centre of Nigeria’s…
The Punch · 2 months ago · 5 min read(opens The Punch in a new tab)
The United Arab Emirates’ state-owned oil giant ADNOC said Saturday one of its vessels came under attack in the Hormuz strait, the latest incident in the waterway at the centre of the US-Iran conflict.
The Punch · 2 months ago · 3 min read(opens The Punch in a new tab)
The Securities and Exchange Commission has directed capital market operators to immediately freeze the funds, assets, and economic resources of six individuals and three entities designated as terrorist financiers by the Nigeria Sanctions Committee.
The Punch · 2 months ago · 3 min read(opens The Punch in a new tab)
PricewaterhouseCoopers has said Nigeria’s new tax rules on virtual assets may face implementation hurdles, even though they offer a clearer framework for taxing the fast-growing digital asset sector.
The Punch · 2 months ago · 5 min read(opens The Punch in a new tab)
The Transmission Company of Nigeria has raised the alarm over fresh vandalism of critical electricity infrastructure in Akwa Ibom State, following the collapse of five transmission towers along the Ikot Abasi-Eket 132kV Double Circuit Transmission Line.
The Punch · 2 months ago · 3 min read(opens The Punch in a new tab)
The Dangote Petroleum Refinery has said it will wait at least three years before pursuing a foreign stock market listing, as the company seeks to establish a strong production and financial track record that could command a higher valuation overseas.
The Punch · 2 months ago · 3 min read(opens The Punch in a new tab)
The Federal Government has said Nigeria must focus on exporting value-added products in agriculture, solid minerals and other sectors rather than merely increasing the volume of raw commodities, following China’s decision to grant zero-tariff access to goods from 53 African countries.
The Punch · 2 months ago · 6 min read(opens The Punch in a new tab)
