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Here is the New Telegraph’s weekly business news roundup of the top 15 latest Nigerian news stories making headlines from Monday, August 31, 2026, to Saturday, September 5, 2026.
Uber Announces Exit From Nigeria After 12-Year Of Operations
A global ride-hailing company, Uber, has announced the shutdown of its operations in Nigeria following a review of its business.
According to the Company, it will cease operations in the country effective…Read more
Nigeria’s External Reserves Climb Past $54bn
The country’s gross external reserves rose to an 18-year high of $54.08 billion as of September 3, 2026, according to the latest data released by the Central Bank of Nigeria (CBN).
New Telegraph‘s analysis of the data shows that the reserves have maintained an…Read more
Dangote Refinery Gets SEC Nod For N2.15trn IPO At N525/Share
Dangote Group has announced that the Securities and Exchange Commission (SEC) has approved the proposed initial public offering (IPO) of Dangote Petroleum Refinery and Petrochemicals FZE, with the shares priced at N525 each.
The conglomerate disclosed the development in a statement on Friday, paving the…Read more
Electricity: NDPHC Recovers $12m From Cross-Border Customers
The Managing Director and Chief Executive Officer, Niger Delta Power Holding Company (NDPHC), Engr. Jennifer Adighije, has said the company recovered about $12 million from cross-border bilateral customers in Togo and other debtors from an outstanding debt of more than $50 million.
She also said NDPHC had recovered 110 abandoned containers and 216…Read more
Aiyedatiwa Digitises Civil Service HR With AIPowered Platform, Ondo Pay
Ondo State Government has launched an AI-enabled human resource management platform, Ondo Pay,…
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Read Full Article by Ayobamiji Komolafe at newtelegraphng.com
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