Nigeria, others to benefit from EU’s €545m green energy funding
The European Union has announced a €545 million package to boost renewable energy investments across Africa. The announcement, delivered via video message…
Business
ITF partners CIPMN to certify artisans
The Industrial Training Fund has commenced the nationwide rollout of the SUPA Project Management Examination, a certification exercise aimed at upgrading project…
Dangote Refinery halts petrol sales in naira effective September 28
Dangote Petroleum Refinery has halted petrol sales in naira. In a notice to customers on Friday, the refinery said the suspension would…
Customs exempt raw materials, machinery from 4% levy
The Nigeria Customs Service has granted relief to manufacturers and key sectors of the economy by exempting raw materials, spare parts, and…
Dangote Refinery denies sacking all Nigerian workers
The management of Dangote Petroleum Refinery has denied reports that it sacked all Nigerian workers at its $20bn facility, insisting that over…
Amazon pays $2.5bn for ‘misleading’ Prime customers
Amazon has agreed to pay $2.5 billion to settle claims that it misled millions of customers into enrolling in its Prime service…
Naira to drop below ₦1,400/$ by year-end – BUA chairman
BUA Group President, Abdul Samad Rabiu, has forecast that the naira will appreciate to between ₦1,300 and ₦1,400 per dollar before the…
Customs launches automated e-clearance system to decongest ports
The Nigeria Customs Service has introduced an automated overtime e-clearance system to ease congestion at the nation’s ports and boost trade facilitation.…
Tinubu orders BOA to pay N30bn arrears to agro-dealers
President Bola Tinubu has ordered the Bank of Agriculture to settle outstanding arrears of N30 billion owed to agro-dealers and input suppliers…
Lagos eyes 45,000 building permits annually to manage urban growth
The Lagos State Government has set a target of issuing up to 45,000 building permits each year to better regulate development and…
Guinness Nigeria shares surge 41% in September, reach new high
Guinness Nigeria Plc’s shares have surged over 41 per cent on the Nigerian Exchange in September, reaching a yearly high above N180.…
WTO hails China for dropping developing country trade benefits
The World Trade Organization praised China’s decision to forgo trade advantages linked to its developing country status, describing it as a step…