Doing Business in Nigeria Digest

19/12/2025

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Hello and a very warm welcome. I’m Tim Hunt, Managing Director of WorldStudentAdvisors. Thank you for joining me as I introduce Aberystwyth University.In thi...

08/07/2025

Business News Today - Tuesday, July 8, 2025

Stay ahead of the curve with Priority Media Limited's daily business news roundup! Get the latest updates from Nigeria's top newspapers, covering various sectors and industries. Be constantly updated and stay informed!

Today's Top Stories
NDIC, agencies make progress in bank fraud investigations
https://punchng.com/ndic-agencies-make-progress-in-bank-fraud-investigations/

Keystone Bank hosts SME business clinic
https://punchng.com/keystone-bank-hosts-sme-business-clinic/

Firms commit to cassava-led industrialisation, cultivate 5,000 hectares
https://punchng.com/firms-commit-to-cassava-led-industrialisation-cultivate-5000-hectares/

Farm input crisis hurts Nigeria’s food ambitions
https://businessday.ng/pro/article/farm-input-crisis-hurts-nigerias-food-ambitions/?amp

FG tackles energy poverty with Mission 300 initiative
https://punchng.com/fg-tackles-energy-poverty-with-mission-300-initiative/

Gas flaring hits 4-year high as factories starve for energy
https://businessday.ng/energy/article/gas-flaring-hits-4-year-high-as-factories-starve-for-energy/?amp

ISRAEL-IRAN CONFLICT: Oil prices down below $70 per barrel —Experts
https://www.vanguardngr.com/2025/07/israel-iran-conflictoil-prices-down-below-70-per-barrel-experts/amp/

Nigeria’s export drive in danger as Trump plans 10% extra tariff against BRICS
https://www.vanguardngr.com/2025/07/nigerias-export-drive-in-danger-as-trump-plans-10-extra-tariff-against-brics-2/amp/

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NDIC, agencies make progress in bank fraud investigations 8th July 2025 NDIC By  Oluwakemi Abimbola Kindly share this story: Getting your Trinity Audio player ready... The Nigerian Deposit Insurance Corporation has said that the ongoing collaboration between agencies on tackling insider fraud and f...

07/07/2025

Business News Today - Monday, July 7, 2025

Stay ahead of the curve with Priority Media Limited's daily business news roundup! Get the latest updates from Nigeria's top newspapers, covering various sectors and industries. Be constantly updated and stay informed!

Today's Top Stories

A*O Savings shareholders back N120bn recapitalisation plan
https://punchng.com/aso-savings-shareholders-back-n120bn-recapitalisation-plan/

Recapitalisation: Five banks hit CBN target ahead of deadline
https://punchng.com/recapitalisation-five-banks-hit-cbn-target-ahead-of-deadline/

Lagos’ housing delivery and regulatory clampdown on real estate operators feature prominently.

Lagos delivers 2.5m housing units amid 3.4m deficit – Report
https://punchng.com/lagos-delivers-2-5m-housing-units-amid-3-4m-deficit-report/

Lagos tackles unlicensed real estate operators
https://punchng.com/lagos-tackles-unlicensed-real-estate-operators/

Nigerian maritime promising but underperforming — Clarion shipping VP
https://punchng.com/nigerian-maritime-promising-but-underperforming-clarion-shipping-vp/

https://punchng.com/sunbeth-energies-partners-dangote-refinery-on-fuel-supply/

NUPRC earns N28bn from oil licensing fees
https://punchng.com/nuprc-earns-n28bn-from-oil-licensing-fees/

FG’s Q1 electricity subsidy hits N536bn amid debt woes
https://punchng.com/fgs-q1-electricity-subsidy-hits-n536bn-amid-debt-woes/

FG gets simulation lab to curb substandard solar imports
https://punchng.com/fg-gets-simulation-lab-to-curb-substandard-solar-imports/

Ogun’s waste scheme better than Lagos plastic ban – MAN
https://punchng.com/oguns-waste-scheme-better-than-lagos-plastic-ban-man/

Lagos, Afreximbank unveil export programme for SMEs
https://punchng.com/lagos-afreximbank-unveil-export-programme-for-smes/

FG fines Multichoice N766m over privacy breaches
https://punchng.com/fg-fines-multichoice-n766m-over-privacy-breaches/

NIPOST to crack down on criminal courier operators
https://punchng.com/nipost-to-crack-down-on-criminal-courier-operators/

Stakeholders advocate ESG principles to drive governance, prosperity
https://punchng.com/stakeholders-advocate-esg-principles-to-drive-governance-prosperity/

Global markets shrug off Trump tariff deadline
https://punchng.com/global-markets-shrug-off-trump-tariff-deadline/

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The shareholders of A*O Savings & Loans Plc have expressed support for the ongoing N120bn recapitalisation exercise of the bank. Some shareholders,

04/07/2025

Business News Today Friday July 4, 2025

Dangote Cement launched an empowerment initiative to support farmers in Benue State, aiming to boost agricultural productivity and strengthen food security. This aligns with growing private sector involvement in agriculture.
Dangote Cement empowers Benue farmers for food security

https://punchng.com/dangote-cement-empowers-benue-farmers-for-food-security/

Wema Bank disburses N3m grant to Lagos MSMEs
https://punchng.com/wema-bank-disburses-n3m-grant-to-lagos-msmes/

AMCON sells Ibadan Disco stake in debt recovery drive

https://punchng.com/amcon-sells-ibadan-disco-stake-in-debt-recovery-drive/

Trade experts seek global access for African SMEs

https://punchng.com/trade-experts-seek-global-access-for-african-smes/

Oil producers resisted crude supply to Dangote, others – NUPRC

https://punchng.com/oil-producers-resisted-crude-supply-to-dangote-others-nuprc/

FG sets July date for petrol pricing summit

https://punchng.com/fg-sets-july-date-for-petrol-pricing-summit/

Union Bank leads drive to end plastic waste

https://punchng.com/union-bank-leads-drive-to-end-plastic-waste/
https://punchng.com/suspended-frc-act-needs-fresh-review-ops/

CAPPA urges tobacco-style warning labels on sugary drinks

https://punchng.com/cappa-urges-tobacco-style-warning-labels-on-sugary-drinks/

Non-oil exports jump 78% amid data gap concerns
https://punchng.com/non-oil-exports-jump-78-amid-data-gap-concerns/

Dangote Cement Plc has launched a Farmers Empowerment Programme in Benue State, aimed at enabling 50 farmers to produce subsistence and cash crops in

03/07/2025

Business News Summary for Today – Thursday, 3rd July 2025

Firm launches new mobile insurance solution
https://thesun.ng/firm-launches-new-mobile-insurance-solution/?amp

NAICOM issues new licences to SanlamAllianz Life, General Insurance
https://punchng.com/naicom-issues-new-licences-to-sanlamallianz-life-general-insurance/

Firm trains women as solar technicians
https://punchng.com/firm-trains-women-as-solar-technicians/

NDDC, LIFE-ND boost agric transformation in Niger Delta
https://punchng.com/nddc-life-nd-boost-agric-transformation-in-niger-delta/

Oil sector struggling with bureaucratic bottlenecks – Neconde Energy
https://punchng.com/oil-sector-struggling-with-bureaucratic-bottlenecks-neconde-energy/

MAN, marketers rally for refineries privatisation as $3bn repairs falter
https://punchng.com/man-marketers-rally-for-refineries-privatisation-as-3bn-repairs-falter/

FG adds 37 crude evacuation routes, oil rigs increase to 44
https://punchng.com/fg-adds-37-crude-evacuation-routes-oil-rigs-increase-to-44/

Clarion unveils 349-capacity containership to drive regional trade
https://punchng.com/clarion-unveils-349-capacity-containership-to-drive-regional-trade/

Terminal operator, NDLEA tackle drug trade at ports
https://punchng.com/terminal-operator-ndlea-tackle-drug-trade-at-ports/

Seafarers advocate maritime sector reform
https://punchng.com/seafarers-advocate-maritime-sector-reform/

Group tasks freight forwarders on professional standards
https://punchng.com/group-tasks-freight-forwarders-on-professional-standards/

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30/06/2025

Happy Monday, lovelies! 😊💫 Monday morning, new working week, new energy! Rise above the noise and seize the day with purpose. Every day brings new beginnings and limitless opportunities.

Trust your journey and know that your mindset is the spark that ignites your success. Light it up with positivity, fuel it with determination, and watch your dreams unfold.

Sending positive energies with 💕

27/06/2025

Business News Today - Friday June 27, 2025

Frequent budget extensions deter investors, LCCI warns
https://punchng.com/frequent-budget-extensions-deter-investors-lcci-warns/

Shettima woos private sector to drive economic growth
https://punchng.com/shettima-woos-private-sector-to-drive-economic-growth/

Ex-bank workers’ lawsuits frustrating liquidation process – NDIC
https://punchng.com/ex-bank-workers-lawsuits-frustrating-liquidation-process-ndic/

Nigeria exports 82% of crude as local refineries starve
https://punchng.com/nigeria-exports-82-of-crude-as-local-refineries-starve/

Prioritise Nigerian workers, NCDMB tells Dangote refinery
https://punchng.com/prioritise-nigerian-workers-ncdmb-tells-dangote-refinery/

SMEs record 115% surge in cyber attacks
https://punchng.com/smes-record-115-surge-in-cyber-attacks/

Expert canvases innovative tech for data management
https://punchng.com/expert-canvases-innovative-tech-for-data-management/

SON decries proliferation of fake roofing sheets
https://punchng.com/son-decries-proliferation-of-fake-roofing-sheets/

International Breweries leads sustainability charge with returnable bottles
https://punchng.com/international-breweries-leads-sustainability-charge-with-returnable-bottles/

TSL SPV lists N5bn infrastructure bond on NGX
https://punchng.com/tsl-spv-lists-n5bn-infrastructure-bond-on-ngx/

Nigeria’s exports to African countries crash by N631.5bn
https://punchng.com/nigerias-exports-to-african-countries-crash-by-n631-5bn/

NPA advocates stronger policies against marine debris
https://punchng.com/npa-advocates-stronger-policies-against-marine-debris/

NDLEA seizes 14 drug containers in Apapa
https://punchng.com/ndlea-seizes-14-drug-containers-in-apapa/

Stanbic IBTC expands equity base with 2.94bn shares
https://punchng.com/stanbic-ibtc-expands-equity-base-with-2-94bn-shares/

PenCom urges PFAs to tap alternative investments
https://punchng.com/pencom-urges-pfas-to-tap-alternative-investments/

Policymakers bet on recapitalisation to strengthen financial system
https://punchng.com/policymakers-bet-on-recapitalisation-to-strengthen-financial-system/

Unsettled debts threaten NNPC power plants, FG plans intervention
https://punchng.com/unsettled-debts-threaten-nnpc-power-plants-fg-plans-intervention/

Coscharis, Geely Motors unveil N1bn after-sales workshop
https://punchng.com/coscharis-geely-motors-unveil-n1bn-after-sales-workshop/

The Lagos Chamber of Commerce and Industry has called on the National Assembly to cap future rollovers of capital budgets at one per fiscal year to

26/06/2025

Business News Today- Thursday June 26, 2025

Tranos deepens manufacturing with new facility
https://punchng.com/tranos-deepens-manufacturing-with-new-facility/

Nigerians to benefit from subsidised solar-powered appliances
https://punchng.com/nigerians-to-benefit-from-subsidised-solar-powered-appliances/

Nigeria to adopt global actuarial rules
https://punchng.com/nigeria-to-adopt-global-actuarial-rules/

Centre empowers 1,346 women at Grooming Splash 2025
https://punchng.com/centre-empowers-1346-women-at-grooming-splash-2025/

Service boat operation surges 49.6%
https://punchng.com/service-boat-operation-surges-49-6/

Group laments spike in marine debris
https://punchng.com/group-laments-spike-in-marine-debris/

Maritime Bank, stakeholders unveil sectoral development blueprint
https://punchng.com/maritime-bank-stakeholders-unveil-sectoral-development-blueprint/

Seaports key drug entry points – NDLEA
https://punchng.com/seaports-key-drug-entry-points-ndlea/

NUPRC demands $5,000, other conditions for oil licence extension
https://punchng.com/nuprc-demands-5000-other-conditions-for-oil-licence-extension/

FG sells N219.38bn crude to Dangote in four months
https://punchng.com/fg-sells-n219-38bn-crude-to-dangote-in-four-months/

NERC transfers electricity regulatory powers to Abia govt
https://punchng.com/nerc-transfers-electricity-regulatory-powers-to-abia-govt/

Eko DisCo plans to end estimated billing
https://punchng.com/eko-disco-plans-to-end-estimated-billing/

IBEDC disconnects Ibadan train station over unpaid bills
https://punchng.com/ibedc-disconnects-ibadan-train-station-over-unpaid-bills/

Unsettled debts threaten NNPC power plants, FG plans intervention
https://punchng.com/unsettled-debts-threaten-nnpc-power-plants-fg-plans-intervention/

NCS, India strengthen bilateral ties at WCO
https://punchng.com/ncs-india-strengthen-bilateral-ties-at-wco/

Stakeholders to assess host community development trusts
https://punchng.com/stakeholders-to-assess-host-community-development-trusts/

Firm partners BII to boost investments in Nigeria, others
https://punchng.com/firm-partners-bii-to-boost-investments-in-nigeria-others/

NSIA drives $50bn funding for climate, infrastructure
https://punchng.com/nsia-drives-50bn-funding-for-climate-infrastructure/

Nigeria’s economic reforms among boldest in history – Shettima
https://punchng.com/nigerias-economic-reforms-among-boldest-in-history-shettima/

Engineering and manufacturing firm Tranos has commenced the construction of a production facility in Mowe, Ogun State, which it says reinforces its

25/06/2025

Business News Today - Wednesday June 25, 2025

Stay ahead of the curve with Priority Media Limited's daily business news roundup! Get the latest updates from Nigeria's top newspapers, covering various sectors and industries. Be constantly updated and stay informed!

Today's Top Stories
Nigeria plots export surge as China drops tariffs
https://punchng.com/nigeria-plots-export-surge-as-china-drops-tariffs/

NDIC lists legal hurdles, seeks collaboration with judiciary
https://www.vanguardngr.com/2025/06/ndic-lists-legal-hurdles-seeks-collaboration-with-judiciary/amp/

Keystone Bank partners EDC to empower SMEs
https://punchng.com/keystone-bank-partners-edc-to-empower-smes/

Donors support Ecobank’s renewable energy drive
https://punchng.com/donors-support-ecobanks-renewable-energy-drive/

BOI unveils sustainable finance framework for inclusive growth
https://punchng.com/boi-un

Lafarge unveils green building product
https://punchng.com/lafarge-unveils-green-building-product/

Creative agencies embrace project management to overcome challenges
https://punchng.com/creative-agencies-embrace-project-management-to-overcome-challenges/

Oil firms face flight ban over unpaid helicopter landing fees
https://punchng.com/oil-firms-face-flight-ban-over-unpaid-helicopter-landing-fees/

Heirs Energies, Renaissance partner to boost oil devt
https://punchng.com/heirs-energies-renaissance-partner-to-boost-oil-devt/

Foundation awards N5m grants to young entrepreneurs
https://punchng.com/foundation-awards-n5m-grants-to-young-entrepreneurs/

Delivery lapses, thefts drain logistics revenue – Firm
https://punchng.com/delivery-lapses-thefts-drain-logistics-revenue-firm/

Customs integrates FIRS, CBN, banks, others into B’Odogwu to enhance trade efficiency
https://www.vanguardngr.com/2025/06/customs-integrates-firs-cbn-banks-others-into-bodogwu-to-enhance-trade-efficiency/amp/

French firm woos Nigerian travellers with premium packages
https://punchng.com/french-firm-woos-nigerian-travellers-with-premium-packages/

CITN backs govs on harmonised food transportation levies
https://punchng.com/citn-backs-govs-on-harmonised-food-transportation-levies/

Scrap investment stifling policies, W’Bank tells Nigeria, others
https://punchng.com/scrap-investment-stifling-policies-wbank-tells-nigeria-others/

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President Bola Tinubu has said that Nigeria is positioned to become a net exporter to China within five years, following Beijing’s recent removal of

24/06/2025

Business News Today- Tuesday, June 24, 2024

Stay ahead of the curve with Priority Media Limited's daily business news roundup! Get the latest updates from Nigeria's top newspapers, covering various sectors and industries. Be constantly updated and stay informed!

Today's Top Stories
Tinubu unveils distribution of 2,000 tractors, others
https://punchng.com/tinubu-unveils-distribution-of-2000-tractors-others/

BATN to empower Ekiti maize farmers
https://punchng.com/batn-to-empower-ekiti-maize-farmers/

Sanwo-Olu opens safety footwear manufacturing factory
https://punchng.com/sanwo-olu-opens-safety-footwear-manufacturing-factory/

Lagos plastic ban to displace 89% of operators – MAN
https://punchng.com/lagos-plastic-ban-to-displace-89-of-operators-man/

Experts wary as food prices defy 22.97% inflation drop
https://punchng.com/experts-wary-as-food-prices-defy-22-97-inflation-drop/

A tale of two currencies: Naira vs cedi
https://businessday.ng/business-economy/article/a-tale-of-two-currencies-naira-vs-cedi/?amp

EFCC arrests Ex-NNPC CFO over alleged $7.2bn refinery rehabilitation fraud
https://businessday.ng/news/article/efcc-arrests-ex-nnpc-cfo-over-alleged-7-2bn-refinery-rehabilitation-fraud/?amp

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President Bola Tinubu has launched the distribution of 2,000 tractors and thousands of farming implements under the Renewed Hope Agricultural