Business Archives - Page 23 of 119

August 21, 2026 nuus.ng reporters

Sell-offs Persist as Stock Market Sheds N440bn

Kayode Tokede The Nigerian stock market extended its downward momentum for the eighth consecutive session, its longest losing run so far in 2026, as the market capitalisation, yesterday dropped by

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August 21, 2026 nuus.ng reporters

Despite FX Stability, Jet Fuel Supply, Domestic Airlines Face Shrinking Market

Chinedu Eze In spite of the relative stability in foreign exchange and reliable supply of aviation fuel, Nigerian airlines still face shrinking market with progressive reduction of people who travel

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August 21, 2026 nuus.ng reporters

Report: Manufacturing Remains Largest Contributor to Nigeria’s Industrial Output, Employment

Dike Onwuamaeze A report released by the Nigerian Economic Summit Group (NESG) has stated that the manufacturing sector has grown to become the largest contributor to industrial output, with its

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August 21, 2026 nuus.ng reporters

AFRACA-NIRSAL Masterclass Opens in Lagos, Builds Financial Institutions’ Capacity

The African Rural and Agricultural Credit Association (AFRACA), in collaboration with NIRSAL Plc and other partners, has convened finance-sector professionals from across Africa in Lagos for the AFRACA Masterclass on

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August 21, 2026 nuus.ng reporters

Why FAAN Banned Uber, Bolt at Lagos, Abuja Airports

Chinedu Eze In an effort to streamline the operations of taxis at the Abuja, Lagos and other airports under its management, the Federal Airports Authority of Nigeria (FAAN) has temporarily

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August 21, 2026 nuus.ng reporters

NPERA Commences Operation, Targets Fair Tariffs, Faster Cargo Clearance

Oluchi Chibuzor The Nigeria Ports Economic Regulatory Agency (NPERA) has formally commenced operations as the statutory economic regulator of Nigeria’s ports, with a mandate to promote fair tariffs, faster cargo

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August 21, 2026 nuus.ng reporters

AfriGO Empowers Microfinance Banks to Accelerate Financial Inclusion

Nume Ekeghe Afrigopay Financial Services Limited, operators of Nigeria’s sovereign national payment card scheme, has called for greater collaboration and innovation in the microfinance sector as it engaged industry stakeholders

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August 20, 2026 nuus.ng reporters

ExxonMobil’s Ultra Deepwater DrillshipArrives N’Delta as $1bn Usan Infill Project Takes off

*Hope rises for additional 40,000bpd oil output in 18 months Peter Uzoho Nigerian affiliate of ExxonMobil, Esso Exploration and Production Nigeria (Offshore East) Limited, operator of the Usan field located

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August 20, 2026 nuus.ng reporters

From Growth to Scale: Financing Nigeria’s High-Growth Companies

Chinwe Okoronkwo Nigeria has no shortage of businesses with the potential to become significantly larger. The bigger challenge is ensuring that these companies have access to the capital required to

Experts seek reforms to unlock poultry industry’s potential

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August 20, 2026 nuus.ng reporters

Experts seek reforms to unlock poultry industry’s potential

By Kafayat kokumo Experts have called for reforms, increased investment, innovation and stronger collaboration among stakeholders to unlock the full potential of Nigeria’s poultry industry, to enhance food security, job creation and economic growth. Speaking recently at the Poultry Association of Nigeria (PAN), Lagos State Chapter summit themed, “Flocking to Growth: Transforming Nigerian Poultry Industry […]

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