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Customs pushes for a single document, PCS for cargo clearance
Nigerian Customs Aims to Simplify Trade with Single Clearance Document
Nigerian Customs is working towards a!-->!-->!-->…
Nigerian drugmakers see 58% revenue rise as prices soar
Nigerian pharmaceutical companies are experiencing a surge in revenue, with a combined increase of 58% in the!-->…
Chinese companies rush to hike dividends, buy back shares in Japan-style reform
Chinese companies are responding to government calls to improve investor returns by offering record dividends and!-->…
Oil prices steady as solid U.S. crude demand offsets rate concerns
Oil prices remained relatively unchanged today as conflicting factors influenced the market. Upward pressure came!-->…
Germany to Scrap Gas Storage Fee for Neighboring Countries
Germany is removing a fee it charged neighboring countries for accessing its natural gas reserves. This levy,!-->…
Asia’s Oil Imports Surge in May, Driven by India
Asia's crude oil imports reached a 12-month high in May, fueled by a massive increase in demand from India. The!-->…
U.S. Announces $176 Million in Additional Aid for West Africa
The United States Agency for International Development (USAID) announced nearly $176 million in additional!-->…
Elon Musk reclaims title of world’s richest person with $209bn net worth
Elon Musk reclaimed the title of the world's richest person thanks to his new AI startup, xAI. The company's $6!-->…
Shell, others pay NDDC $142m in one year
Shell Petroleum Development of Nigeria (SPDC) and Shell Nigeria Exploration and Production Company (SNEPCo)!-->…
Airspace management agency seeks reversal of 50% revenue deduction
The Nigerian Airspace Management Agency (NAMA) is facing financial difficulties due to a 50% reduction in their!-->…
Dash for debt sees 64% surge in naira loan apps
The number of digital lenders in Nigeria has skyrocketed by 64% in the past year. This surge reflects Nigerians'!-->…
Aigboje Aig-Imoukhuede Wins African Banker Lifetime Achievement Award
Nigerian banking leader Aigboje Aig-Imoukhuede has been awarded the prestigious African Banker Lifetime!-->…
Court gives GTB nod to seize Afex over N17.8b Anchor Borrowers’ Loan
Guaranty Trust Bank (GTBank) has secured a court order to freeze the assets of Afex Commodities Exchange Limited!-->…
Investment Tribunal Settles Over N1 Trillion in Capital Market Disputes
The Investment and Securities Tribunal (IST) has played a key role in fostering investor confidence in the!-->…
Nigeria’s E-commerce Boom Expected to Hit $14.92 Billion by 2029
Nigeria's e-commerce market is expected to experience significant growth in the coming years, with a projected!-->…
New Export Policy Requires “Nigeria Export Proceeds” Form for NPA…
The Nigerian Ports Authority (NPA) is implementing a new policy requiring exporters to fill out a "Nigeria Export!-->…
NGX retail transactions dip by 54.89% – Report
Retail transactions on the Nigerian Exchange Limited (NGX) saw a significant drop of 54.89%, falling to N100.77!-->…
World Bank Disburses $250,000 US Dollars To 10 Vulnerable Nasarawa Communities
The World Bank, through its Agro-Climatic Resilience in Semi-Arid Landscapes (ACReSAL) program, has disbursed a!-->…
FBN Holdings Shareholders To Share N14.3bn Dividend For FY 2023
FBN Holdings Plc. announced strong financial performance for the year ending December 2023. The company reported a!-->…
Transcorp Boss Calls for Full Power Sector Privatization, Debt Resolution
Tony Elumelu, chairman of Transcorp Plc., urged the Nigerian government to fully privatize the power sector to!-->…
Zenith Bank’s CEO Retains “Best Banking CEO in Africa” Title for…
Dr. Ebenezer Onyeagwu, Group Managing Director/Chief Executive Officer of Zenith Bank Plc, has been recognized as!-->…
Sacked Turkish Airlines staff not involved in ticket racketeering — Union
The National Union of Air Transport Employees (NUATE) has strongly contested the reasons given by Turkish Airlines!-->…
Naira Crisis Drives Nigerians to Locally-Used Cars
Soaring prices of imported vehicles are pushing Nigerian car buyers towards locally-used alternatives. The!-->…
Shares nudge higher as US, EU inflation data loom
World stock markets edged higher on Monday as investors awaited key inflation data releases this week. This data!-->…
Dollar firm ahead of global inflation data
The U.S. dollar remained stable on Monday but is poised for its first monthly decline this year. Investors are!-->…
Stellantis to announce Italy-produced hybrid version of 500 EV, sources say
Fiat's owner, Stellantis, is set to unveil a hybrid version of its popular 500e electric car. Production of this!-->…
Telecom Investments Pay Off: Data Revenues Soar in Nigeria
Nigeria's telecommunications industry is reaping the rewards of significant investments in network infrastructure.!-->…
CBN Director Celebrated for 35 Years of Service
The Central Bank of Nigeria (CBN) has commended Clement Oluwaranti Buari, Director of Strategy Management, for his!-->…
NECA Rejects N500,000 Minimum Wage Demand
The Nigeria Employers' Consultative Association (NECA) has rejected the Nigerian Labour Congress' (NLC) demand for!-->…
Consumers fault Discos as meter price hits N147,000
Nigerians are facing a new challenge in their quest for prepaid electricity meters. Following deregulation by the!-->…