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PwC flags gaps in new NRS virtual asset

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Nigeria’s exports to China jump 80% to $2.3bn

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Some Populer Post

UAE oil giant vessel attacked in Strait of Hormuz

Oil and Gas

Agric credit hits ₦3.86trn as oil, gas lending falls

Agribusiness

PwC flags gaps in new NRS virtual asset tax

Business

Bonny Light nears $95 as Middle East tensions persist

Oil and Gas

Blog

NIPOST reveals reason behind delay in meeting deliveries
Business

NIPOST, KLM partner to boost global mail services

The Nigerian Postal Service has entered into a direct international mail partnership with KLM Royal Dutch Airlines to enhance its logistics and mail delivery services. This was disclosed in a statement by the Postmaster-General/CEO of NIPOST, Tola Odeyemi, via her X account. Odeyemi emphasized that the partnership will boost the efficiency of international mail delivery […]

FG to reveal outcome of Binance probe soon - NSA
News

Ribadu vows swift apprehension, prosecution of oil vandals in Niger-Delta

National Security Adviser Nuhu Ribadu has pledged to ensure the swift apprehension and prosecution of oil thieves and individuals involved in the frequent vandalism of crude oil assets in the Niger Delta. Speaking after a stakeholders’ meeting with traditional rulers, civil society groups, and community leaders in Yenagoa, Bayelsa State, Ribadu emphasized that the federal […]

Aliko Dangote, Africa’s most prominent industrialist, will officially step down as Chairman of Dangote Sugar Refinery Plc on June 16
featured News

Dangote defends refinery, insists it can meet Nigeria’s fuel needs

The Dangote Petroleum Refinery has pushed back against recent claims by oil marketers that it cannot meet Nigeria’s fuel demands, insisting the facility is producing well above the country’s consumption needs and is also exporting products to other markets. The defence comes after the Depot and Petroleum Products Marketers Association of Nigeria alleged that the […]

News

Apapa terminals records 30% export increase

APM Terminals Apapa has announced a significant boost in export operations, handling 8,687 twenty-foot equivalent units of cargo in April 2025—marking a more than 30 percent increase compared to the 6,606 TEUs recorded in April 2024. According to The PUNCH, the terminal operator described the figure as the highest monthly export volume since the terminal’s […]

featured

PAPSS hails CBN’s move to simplify transaction documentation in Nigeria 

The Pan-African Payment and Settlement System has welcomed a new circular from the Central Bank of Nigeria, which simplifies the documentation requirements for PAPSS transactions in the country. This move is expected to enhance the efficiency of cross-border payments and further promote financial integration across Africa. By working with central banks, PAPSS helps minimize payment […]

Tech

African DeepTech innovation takes global stage at DTS 2025

The University Mohammed VI Polytechnic successfully hosted the second edition of the DeepTech Summit, strengthening its role as a continental innovation powerhouse. The event themed, “Redefining Progress: How Artificial Intelligence is Transforming DeepTech Innovation,” brought together over 5,500 participants from 53 countries, exploring the intersection of artificial intelligence and frontier science rooted in African realities. […]

SERAP sues CBN over alleged mismanagement of N100bn in "dirty" notes
News

SERAP calls on CBN to reveal disbursements to 774 LGs

The Socio-Economic Rights and Accountability Project has formally urged the Central Bank of Nigeria to clarify whether it has started disbursing funds directly from the Federation Account to the 774 Local Government Areas across Nigeria. Additionally, SERAP is demanding that the CBN publicly disclose detailed information on these allocations, including the specific amounts disbursed to […]

UK expands work visa sponsors for Nigerians
Business

UK unveils major visa overhaul to cut legal migration

The United Kingdom government announced plans to overhaul its visa system, aiming to reduce the number of foreign workers entering the country through legal channels, according to a Home Office announcement on Sunday. The measures, detailed in an upcoming Immigration White Paper, are set to be presented to Parliament on Monday. The proposed reforms include […]

Oil and Gas

Aiteo partners PETROMOC for new refinery project in Mozambique

Aiteo Eastern E&P Company Limited, a Nigerian energy firm, has entered into an agreement with Mozambique’s national petroleum company, PETROMOC, to build a refinery. The facility will have the capacity to produce 200,000 barrels of fuel per day, enhancing Mozambique’s refining capabilities. Mozambique’s President, Daniel Chapo, stated that the refinery project is expected to be […]

Trapped forex: Expert pushes for ticket purchase in dollars
News

Imo Airport makes history with first international flight to Saudi Arabia

The Sam Mbakwe International Cargo Airport in Owerri, Imo State, has recorded a historic achievement with the successful launch of its first international flight—a direct trip to Medina, Saudi Arabia. The non-stop flight, operated by Air Peace, transported 315 Muslim pilgrims from Owerri to the Holy City on Saturday, officially marking the commencement of the […]

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