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Wema, Mutual Benefits, Presco top stock pick this week

Premium Times Nigeria • 02 Feb 2026, 07:30

This is not a buy, sell or hold recommendation but a stock investment guide. You may need to involve your financial advisor before taking investment decisions. The post Wema, Mutu…

This is not a buy, sell or hold recommendation but a stock investment guide. You may need to involve your financial advisor before taking investment decisions. The post Wema, Mutual Benefits, Presco top stock pick this week appeared first on Premium Times Nigeria.

Jihadist group releases video it claims shows attack on Niamey airbase

Africanews EN • 02 Feb 2026, 07:14

The Islamic State extremist group released a video on Sunday said to show its attack on an air force base in Niger's capital.

The Islamic State extremist group released a video on Sunday said to show its attack on an air force base in Niger's capital.

Second commercial flight since start of Sudanese war lands at Khartoum airport

Africanews EN • 02 Feb 2026, 06:17

A commercial flight landed in the Sudanese capital on Sunday for the second time since a devastating war broke out in the north-eastern African country nearly three years ago.

A commercial flight landed in the Sudanese capital on Sunday for the second time since a devastating war broke out in the north-eastern African country nearly three years ago.

MAN lauds media collaboration on manufacturing advocacy

Vanguard Nigeria • 02 Feb 2026, 05:59

…As 2025 Media Personality winners emerge The President of the Manufacturers Association of Nigeria (MAN), Chief Francis Meshioye, has expressed appreciation for the constant supp…

…As 2025 Media Personality winners emerge The President of the Manufacturers Association of Nigeria (MAN), Chief Francis Meshioye, has expressed appreciation for the constant support of the media in its advocacy for the manufacturing sector in the country. Meshioye gave the commendation last week in Lagos at the 10th edition of the MAN Media Personality of […] The post MAN lauds media collaboration on manufacturing advocacy appeared first on Vanguard News.

FG set to sanitise cosmetics industry

Vanguard Nigeria • 02 Feb 2026, 05:50

The federal government has reaffirmed its commitment to protecting public health by eliminating substandard cosmetics and ensuring that products used in Nigeria meet approved safe…

The federal government has reaffirmed its commitment to protecting public health by eliminating substandard cosmetics and ensuring that products used in Nigeria meet approved safety standards. Permanent Secretary, Federal Ministry of Health and Social Welfare, Daju Kachollom, stated this at the inauguration of the National Policy on Cosmetics Safety and Health in Abuja. She said the […] The post FG set to sanitise cosmetics industry appeared first on Vanguard News.

Coca Cola to invest additional $1bn in Nigeria

Vanguard Nigeria • 02 Feb 2026, 05:39

The Coca-Cola Company is set to invest an additional $1 billion in its Nigerian operations, further deepening its footprint in the country and reinforcing long-standing US–Nigeria…

The Coca-Cola Company is set to invest an additional $1 billion in its Nigerian operations, further deepening its footprint in the country and reinforcing long-standing US–Nigeria trade relations. The United States Embassy in Nigeria disclosed this in a social media post highlighting the role of American companies in driving bilateral trade and economic growth between both […] The post Coca Cola to invest additional $1bn in Nigeria appeared first on Vanguard News.

NECA berates NAFDAC for defying FG’s directive on sachet alcohol ban

Vanguard Nigeria • 02 Feb 2026, 05:26

The Nigeria Employers’ Consultative Association, NECA, has raised alarm over the renewed enforcement by the National Agency for Food and Drug Administration and Control, NAFDAC, o…

The Nigeria Employers’ Consultative Association, NECA, has raised alarm over the renewed enforcement by the National Agency for Food and Drug Administration and Control, NAFDAC, of a ban on the production and sale of alcoholic beverages in sachets and small PET bottles, describing the move as a serious regulatory misstep with far-reaching economic and governance consequences. […] The post NECA berates NAFDAC for defying FG’s directive on sachet alcohol ban appeared first on Vanguard News.

Dangote, NNPC seal strategic gas agreements

Vanguard Nigeria • 02 Feb 2026, 05:21

By Udeme Akpan Towards meeting the energy demands of their ongoing expansion projects, three subsidiaries of Dangote Industries Limited, Dangote Petroleum Refinery, Dangote Fertil…

By Udeme Akpan Towards meeting the energy demands of their ongoing expansion projects, three subsidiaries of Dangote Industries Limited, Dangote Petroleum Refinery, Dangote Fertiliser Plant and Dangote Cement Plc have scaled up their Gas Sales and Purchase Agreements (GSPA) with subsidiaries of the Nigerian National Petroleum Company Limited (NNPC Ltd): Nigerian Gas Marketing Limited and NNPC […] The post Dangote, NNPC seal strategic gas agreements appeared first on Vanguard News.

Businesses buckle under debt as defaults push bad loans to N21.2trn

Vanguard Nigeria • 02 Feb 2026, 05:16

High interest rates, FX shocks, end of COVID forbearance trigger spike in corporate loan failures By Babajide Komolafe, Economy Editor At the backdrop of economic pressures o…

High interest rates, FX shocks, end of COVID forbearance trigger spike in corporate loan failures By Babajide Komolafe, Economy Editor At the backdrop of economic pressures on households and businesses, banks are now struggling with a rising loan defaults by businesses,  leading to a significant increase in bad loans portfolio of banks to N21.2 trillion. Financial Vanguard’s […] The post Businesses buckle under debt as defaults push bad loans to N21.2trn appeared first on Vanguard News.

Stock market gains N6.7trn in January amid oil price surge

Vanguard Nigeria • 02 Feb 2026, 05:10

By Peter Egwuatu  The Nigerian stock market, last weekend, closed the first month of the year, 2026, with over N6.7 trillion capital gains, just as oil prices witnessed a sur…

By Peter Egwuatu  The Nigerian stock market, last weekend, closed the first month of the year, 2026, with over N6.7 trillion capital gains, just as oil prices witnessed a surge last week to about  $71.01 per barrel. Analysts noted that the surge in crude price last week, if sustained, would be favourable to Nigeria, adding that […] The post Stock market gains N6.7trn in January amid oil price surge  appeared first on Vanguard News.

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