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Premium Times Nigeria

Award-winning investigative news platform holding power to account in Nigeria.

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CBN orders banks to freeze accounts linked to six terrorism financing suspects

Under the directive, financial institutions are required to immediately screen existing customers, beneficial owners, and all incoming and outgoing transactions...

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Access Holdings announces retirement of executive director

Access Holdings said she also contributed to the institutional development of the group across various leadership capacities during her tenure. The post Access...

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Nigeria’s petrol price climbs to ₦1,596 per litre in May — NBS

The latest data highlight the sustained rise in fuel costs across the country, with consumers in Edo, Bauchi and Benue paying the highest average prices in May....

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FG announces discovery of platinum, lithium, rare earth deposits in Kaduna

The government says the newly identified mineral province could strengthen Nigeria's position in the global market for critical minerals used in clean energy an...

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Nigeria among top nine world’s gas-flaring countries in 2025 — World Bank

Nigeria remained among the world’s nine largest gas-flaring countries in 2025 as global gas flaring rose to its highest level since 2019, according to the World...

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Why SME growth requires more than capital, By George Ogbonnaya

Entrepreneurs across Nigeria face high costs, changing customer needs, rapid technology shifts, and more competition. At the same time, digital tools, regional...

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Jaiz Bank’s regulatory penalties surge to N530.9 million in 2025

The bank was sanctioned by the Central Bank of Nigeria (CBN) and the Nigerian Exchange Group (NGX) for breaches ranging from anti-money laundering and customer...

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CAP Plc appoints executive director, company secretary

"The Board congratulates the new appointees and is confident that they will make significant contributions to the continued growth and success of the Company,"...

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Elon Musk loses trillionaire status as net worth drops

On 16 June, Mr Musk gave up $7.1 billion worth of his Tesla shares to cover the exercise cost of stock options awarded under his 2018 compensation package. The...

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Nigeria reaffirms commitment to land rights, forest protection ahead of COP31

Nigeria reaffirmed its support for stronger land rights and forest conservation at a high-level international climate meeting, as governments unveiled new commi...

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AON seeks review of aviation taxes, economic boycott of South Africa

The call comes as Nigerian airlines grapple with rising operating costs and industry-wide concerns over sustainability, while renewed xenophobic attacks in Sout...

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SEC warns investors against purported Dangote Refinery IPO

The Securities and Exchange Commission has warned investors against participating in any purported public offering by Dangote Petroleum Refinery & Petrochemical...

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Cement maker Lafarge Africa renamed HBM Nigeria Plc

The cement maker will henceforth be known as HBM Nigeria Plc in line with the company’s long-term goals and its resolve to serve stakeholders better, according...

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Tinubu urges African countries to end raw mineral exports, deepen value addition

The president says African countries must work together to ensure the continent benefits more from its vast mineral resources through processing, technology tra...

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Nigerian airlines now depend on bank loans as fuel costs soar — Onyema

Onyema’s comments come barely five days after the Dangote Petroleum Refinery announced a reduction in the gantry price of aviation fuel (Jet A1) to N1,450 per l...

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Tinubu assures Mastercard of Nigeria’s tech-ready workforce, backs digital skills for SMEs

President Bola Tinubu says Nigeria’s young population remains a major asset as the government seeks to expand digital opportunities for businesses and workers....

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