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By Udeme Akpan &  Obas Esiedesa, Abuja   Nigeria’s national power grid suffered another disruption yesterday, the second in four days, triggering widespread outages that disrupted businesses and renewed concerns over the economic cost of power instability, even as the Nigerian Independent System Operator (NISO) described the incident as a partial system disturbance. The disruption occurred at about […] The post Electricity: LCCI, others lament losses as national grid collapses again appeared first on Vanguard News.

By Babajide Komolafe The Nigeria Deposit Insurance Corporation (NDIC) and the Economic and Financial Crimes Commission (EFCC) have agreed to strengthen collaboration to enhance the investigation and prosecution of offences that lead to bank failures, while also improving the recovery of assets and debts of failed banks. This formed the focus of a courtesy visit by […] The post NDIC, EFCC to enhance prosecution of bank failure offences appeared first on Vanguard News.

By Emma Ujah, Abuja Bureau Chief & Gabriel Ewepu The Nigeria Customs Service (NCS) has declared a total revenue of N7.28 trillion for the fiscal year 2025, the Comptroller-General of Customs, Bashir Adeniyi, disclosed yesterday in Abuja. Speaking at the International Customs Day celebration and the official launch of the Time Release Study (TRS), Adeniyi said […] The post Customs generates N7 trn in 2025 appeared first on Vanguard News.

•Says $2.5bn contracts awarded to 6,800 Nigerian suppliers in 5yrs •As IFC invests $5bn   •FG will deepen engagement with World Bank procurement — Bagudu By Babajide Komolafe The World Bank has offered  a $250 billion global procurement window to Nigerian firms, urging local companies to take advantage of thousands of opportunities across World Bank–financed projects worldwide. Speaking […] The post World Bank offers $250bn procurement window to Nigerian firms appeared first on Vanguard News.

NUPRC said the webinar is designed to provide investment clarity and execution certainty for companies seeking to participate in the licensing round, which will offer 50 oil and gas blocks across frontier, onshore, shallow-water and deepwater terrains. The post NUPRC courts global investors ahead of 2025 oil licensing round appeared first on Premium Times Nigeria.

The Malian government has announced that it is taking majority control of a new company dedicated to producing civil-use explosives inside the country.

Mr Erdogan said the establishment of the Joint Economy and Trade Committee between the two countries will create opportunities to expand Turkish investments in Nigeria. The post Nigeria, Turkiye sign nine agreements, target $5 billion trade volume appeared first on Premium Times Nigeria.

Africa is home to trillions in domestic institutional capital, but unlocking the potential depends on collaboration and infrastructure.

By Rosemary Iwunze NEM Insurance Plc, one of Nigeria’s leading insurance companies has submitted its first quarter (Q1) 2026 forecast to the Nigerian Exchange Group (NGX), reaffirming its strong growth outlook following an impressive performance in the quarterly reports released in the 2025 financial year. According to the forecast, the general insurance underwriter projects total […] The post NEM Insurance reaffirms growth momentum with Q1 2026 forecast appeared first on Vanguard News.

There has been no official statement from Moscow about the withdrawal from Qamishli.