Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Business Daily Nigeria.

Nigerian president announces his plan success
(MENAFN) Nigerian President Bola Ahmed Tinubu celebrated the country's 65th Independence Day with a speech honoring founding leaders with a report on reforms, which he asserts have prevented Africa's most populated country from economic crash. On...

South Africa Secures Place in 2026 FIFA World Cup
(MENAFN) South Africa secured their place in the 2026 FIFA World Cup with a decisive 3-0 victory against Rwanda on Tuesday night at Mbombela Stadium in Mpumalanga Province. The win was sealed thanks to goals from Thalente Mbatha, Oswin Appollis,...

Thrivyx Nigeria Revolutionizes Infrastructure Development, Establishing Leadership in Deep Tech
Thrivyx Nigeria is revolutionizing infrastructure development by integrating deep technology solutions, sustainable practices, and innovative strategies. LEKKI, LAGOS, NIGERIA, October 6, 2025 /EINPresswire.com/ -- Thrivyx Nigeria, a trailblazer...

Nigerian National Extradited from Poland to Face Elder Fraud Charges
Tochuwku Albert Nnebocha, 43, of Nigeria was extradited from the Republic of Poland and faces federal charges of engaging in a transnational criminal organization that operated an inheritance fraud scheme that cheated many American seniors out of...

MSME Working Group reviews new trade initiatives, highlights exemplary businesses
New trade initiatives World Intellectual Property Organization (WIPO) Assistant Director-General Marco M. Alemán introduced the organization's key tools in support of MSMEs. These include the Global Innovation Index (GII) and report, alternative...

Leaders gather for Vienna Migration Conference to advance migration governance in a shifting world
VIENNA, AUSTRIA, October 16, 2025 /EINPresswire.com/ -- ICMPD is hosting the 10th Vienna Migration Conference (VMC) on 21-22 October 2025. EU Commissioner for Internal Affairs and Migration Magnus Brunner and Commissioner for the Mediterranean...

EBC Financial Group Highlights Oil Price Convergence and Implications for Nigeria’s Export Earnings
Brent–WTI spread narrows as OPEC+ policy, Middle East tensions, and U.S. exports reshape the market LAGOS, NIGERIA, October 2, 2025 /EINPresswire.com/ -- Oil markets are undergoing a structural test as the traditional premium of Brent crude over...

Nigeria Revokes Clearance for TotalEnergies’ Stake Sale
(MENAFN) Nigerian oversight bodies have annulled the authorization granted to TotalEnergies to divest its minority interest in an onshore petroleum venture, citing an alleged failure by the involved parties to fulfill financial obligations...

Boat Accident Claims Over Twenty-Five Lives in Nigeria
(MENAFN) At least 26 bodies have been recovered following a tragic boat accident in Nigeria’s central Kogi State, local officials confirmed Wednesday. The vessel, carrying primarily traders traveling from Kogi’s Ibaji local government area to the...

Nigerian National Sentenced to Two Years in Prison for Romance Scam and Money Laundering Scheme
BOSTON – A Nigerian national was sentenced today in federal court in Boston for his involvement in the theft of more than $2 million from at least six romance scam victims by transferring their money to cryptocurrency accounts that he controlled....
Inflation targeting: considerations for central banks in Africa
By Paul Fisher and Glenn Hoggarthfootnote [1] This article is an output from the Bank of England’s Centre for Central Banking Studies (CCBS). The CCBS was established in 1990. It is a small division in the Bank that provides training and technical...

Coordinate Measuring Machine Market Projected Expansion to $5.34+ Billion Value by 2026 with a 8.3% CAGR 2019-2026
Teh Asia-Pacific region is expected to dominate the Coordinate Measuring Machine Market During 2019-2026 WILMINGTON, DE, UNITED STATES, September 30, 2025 /EINPresswire.com/ -- Allied Market Research published an exclusive report, titled,...

Nigeria Ambush Leaves Three Police Officers Dead, Seven Abducted
(MENAFN) An armed assault in Nigeria’s Benue State on Sunday left three police officers dead and seven others kidnapped, authorities confirmed. According to Benjamin Hundeyin, spokesperson for the Nigerian Police, the attack occurred in the Agu...

CadRemit Launches A Reward System For Users Making Cross-Border Transfers To Nigeria
The new CMT Points system rewards users for monthly transfers to Nigeria, adding more value to your transaction. CANADA, September 29, 2025 /EINPresswire.com/ -- CadRemit, the cross-border platform for international money transfers between North...

AskNetwork247 Launches to Help Africans Across the Globe to Source Jobs, Customers, and Business Partners
Introduce me to the right person! Simplified. BIRMINGHAM, BIRMINGHAM, UNITED KINGDOM, September 29, 2025 /EINPresswire.com/ -- A new digital platform, AskNetwork247, has been launched to help Africans at home and abroad navigate one of the most...

New WTO-World Bank reports hail progress in advancing Africa’s digital trade
Ambassador Richard Brown of Jamaica, the facilitator of the WTO Work Programme on E-commerce, moderated the discussion. In her opening remarks, Deputy Director-General Johanna Hill noted that the “Digital Trade for Africa” (DTA) project has come a...

Mythos Labs Chatbot ‘Sago’ Brings AI-powered Scam Prevention to Africa, Middle East, Türkiye in Collaboration with Meta
Users in UAE, Saudi Arabia, Türkiye, Nigeria, and South Africa will be able to chat with Sago, Mythos Labs' AI chatbot that helps users spot and report scams. BOSTON, MA, UNITED STATES, October 15, 2025 /EINPresswire.com/ -- Mythos Labs, a...

Council Honors 65th Nigerian Independence Day
The Council adopted a resolution officially recognizing October 1, 2025, as Nigerian Independence Day in the City of Boston. The resolution honors the 65th anniversary of Nigeria's independence from colonial rule, achieved on October 1, 1960. The...

Moisture Analyzer Market is Projected to Grow Expeditiously: to Reach USD 2.27 Billion by 2030, Report
Rise in demand for moisture analyzers in the healthcare industry and high demand from food & beverage are the factors that drive the moisture analyzer market. WILMINGTON, DE, UNITED STATES, September 25, 2025 /EINPresswire.com/ -- Allied Market...

The Global Pipeline and Process Services Market Grow to USD 5.53 Billion by 2032 with a CAGR of 4.91% during 2032
List of Top key Players in Pipeline and Process Services are Halliburton, BlueFin Services (Gate Energy), Altus Intervention, Techfem, Eunisell Limited PUNE, MAHARASHTRA, INDIA, September 25, 2025 /EINPresswire.com/ -- The global pipeline and...