BUSINESS Archives - Page 4 of 36

LAWMA Reveals Plan To Arrest Lagosians Buying From Roadside Traders 0
- BUSINESS
- September 9, 2026
By Henryrich Ojo | Newsworld The Lagos Waste Management Authority (LAWMA) has warned residents who patronise traders operating illegally on roads, medians, walkways and other unauthorised public spaces that they risk arrest and prosecution. The Managing Director/Chief Executive Officer of LAWMA, Muyiwa Gbadegesin, issued the warning on Tuesday at the Authority’s headquarters, as the agency
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FG Can’t Account For ₦33.75 Billion Cash Transfers To Vulnerable Nigerians – Auditor-General 1
- BUSINESS, SLIDE
- September 5, 2026
ABUJA — The Office of the Auditor-General for the Federation (OAuGF) has raised concerns over the inability to verify ₦33.75 billion in cash transfers reportedly made to 3,295,207 households across 35 states under the Federal Government’s National Cash Transfer Programme in 2023. The finding was contained in the 2024 Annual Report on Non-Compliance/Internal Control Weaknesses
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Obasanjo To Tinubu: How Petrol Price Rose From ₦20 To Over ₦1,000 Per Litre 0
- BUSINESS
- September 3, 2026
The price of Premium Motor Spirit, popularly known as petrol, has undergone a dramatic transformation in Nigeria since the country returned to democratic government in 1999. At the beginning of the Fourth Republic, Nigerians bought a litre of petrol for about ₦20. More than two decades later, motorists have paid above ₦1,000 per litre, with
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‘There Is No Shutdown’ – Woman Behind Opay Shutdown Report Speaks 0

September 3, 2026

LAGOS — Digital financial services company OPay has dismissed a social media claim that it would suspend its operations indefinitely from September 1, 2026, describing the report as false and misleading. The controversy began after an X user, Cute Hafserh, who operates the account @Haifah_Er_Abba, shared a post claiming that OPay would embark on an

Uber Shuts Down Operations in Nigeria After 12 Years 0

BUSINESS, SLIDE

September 2, 2026

Global ride-hailing company Uber has announced the shutdown of its operations in Nigeria, bringing an end to its 12-year presence in the country. The company said its services in Nigeria would cease on September 2, 2026, following what it described as a thorough review of its business operations. Uber announced the decision in a statement

NNPCL Increases Price Of Petrol 0

The Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of Premium Motor Spirit (PMS), commonly known as petrol, to ₦1,345 per litre at some of its filling stations in Abuja. Findings on Monday showed that NNPCL outlets in parts of the Federal Capital Territory, including Gwarampa and Wuse Zones 4 and 6,