Business

Nigeria has reduced reliance on oil revenue – Tinubu

Nigeria has reduced reliance on oil revenue – Tinubu

by Aaron Cole on October 6, 2026 at 7:53 PM

According to the president, his administration is reducing Nigeria’s dependence on crude revenue while expanding non-oil sectors and using gas to support power and industrial development. The post Nigeria has reduced reliance on oil revenue – Tinubu appeared first on Premium Times Nigeria.

AI could reduce poverty, but poor Africans risk being left behind – World Bank

AI could reduce poverty, but poor Africans risk being left behind – World Bank

by Oladeinde Olawoyin on October 6, 2026 at 5:53 PM

The financial institution said Nigeria’s developer community has recorded rapid growth since the global AI boom, noting that the country’s GitHub developer base has expanded tenfold since 2020. The post AI could reduce poverty, but poor Africans risk being left behind – World Bank appeared first on Premium Times Nigeria.

NPA moves to cut export bottlenecks, targets forex inflows

NPA moves to cut export bottlenecks, targets forex inflows

by Omotoyosi Idowu on October 6, 2026 at 1:06 PM

The NPA boss added that the authority had also introduced targeted interventions to eliminate bottlenecks confronting non-oil exporters, including the operationalisation of dedicated Export Processing Terminals. The post NPA moves to cut export bottlenecks, targets forex inflows appeared first on Premium Times Nigeria.

Seven-Up Bottling Company advances community wellbeing

Seven-Up Bottling Company advances community wellbeing

by Press Release on October 5, 2026 at 6:57 PM

Apapa-Iganmu holds a special place in Seven-Up Bottling Company’s history, as the company rolled out its first bottle of 7UP from the community in 1960. The post Seven-Up Bottling Company advances community wellbeing appeared first on Premium Times Nigeria.

NNPC’s Federation receivables fall to ₦11.2 trillion after energy security costs offset

NNPC’s Federation receivables fall to ₦11.2 trillion after energy security costs offset

by Abdulkareem Mojeed on October 5, 2026 at 5:20 PM

The accounts also show that other receivables from the Federation rose to ₦11.2 trillion from ₦8.84 trillion. The post NNPC’s Federation receivables fall to ₦11.2 trillion after energy security costs offset appeared first on Premium Times Nigeria.

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