Business & Economy - Page 4

The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has called on downstream operators across the country to prioritise strict safety measures, regulatory compliance, and digital technologies to drive sustainable growth in Nigeria’s Liquefied Petroleum Gas (LPG) sector. ​The call was made

The Manufacturers Association of Nigeria has called on the Federal Government to urgently implement a 30 per cent Green Investment Tax Credit for industrial firms investing in renewable energy and hybrid power systems, as rising energy costs continue to undermine industrial productivity

The Federal Government of Nigeria has formally rejected the World Bank’s finding that its interest payments reached 124 percent of revenue during the first half of 2026, describing the metric as an incomplete and misleading representation of the nation’s fiscal health. ​In

Nigeria’s economic delegation concluded its engagements at the 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group on Saturday, presenting a massive $78.5 billion investment pipeline to international financiers and signaling a decisive shift toward private sector,

Economic and industry leaders have called for productive investment, efficient public spending and reforms to drive Nigeria’s ambition of building a $1 trillion economy. They made the call at the 2026 Annual Conference and Awards of the Finance and Business Online Publishers

The International Monetary Fund (IMF) and industry leaders have called for responsible artificial intelligence (AI) adoption, stronger safety standards and increased investment in workforce training. They say this to ensure that the technology benefits businesses, workers and economies worldwide. The leaders made

Pan-African digital payments giant Onafriq has announced plans to wind down its Nigerian agent banking operations, operated under the Baxi brand by Onafriq Nigeria Payments Limited. ​The strategic retreat, announced in a corporate press statement released in Lagos on Friday, October 16,

Maritime stakeholders have called for effective implementation of shipping policies to boost indigenous participation and accelerate Nigeria’s blue economy growth. They made the call at a panel session during the 2026 World Maritime Day celebration on Friday in Lagos. The session, moderated

The Federation Account Allocation Committee (FAAC) distributed a total of ₦2.428 trillion in revenue generated in September 2026 to the three tiers of government during its monthly meeting on Thursday, October 15, 2026, in Abuja. ​The disbursement details were confirmed in an