Category: Business

Customs to end physical cargo inspections in 2026 – Adeniyi

The Comptroller-General of the Nigeria Customs Service, Adewale Adeniyi, announced on Tuesday that by December...

PUNCH boss Adeyeye Joseph joins World Editors’ Forum Board

The Managing Director and Editor-in-Chief of Punch Nigeria Limited, Adeyeye Joseph, has been named to...

IEA to release 400m barrels of oil to ease global shortage

The International Energy Agency has announced plans to release 400 million barrels of oil to...

UK cargo ship hit by projectile in Strait of Hormuz

A cargo ship in the Strait of Hormuz was hit by an unidentified projectile, sparking...

NSDC, BOI launch ₦10bn fund for sugar projects

The National Sugar Development Council and the Bank of Industry have established a N10 billion...

Nigeria’s Q4 trade surplus slumps to N1.71tn amid falling oil exports

Nigeria’s merchandise trade surplus dropped sharply to N1.71 trillion in the fourth quarter of 2025,...

FCCPC crucial for protecting Nigeria’s business environment – Kekere-Ekun

The Chief Justice of Nigeria, Justice Kehinde Kekere-Ekun, has described the Federal Competition and Consumer...

Tinubu approves fiscal incentives to unlock $20bn Bonga project

President Bola Ahmed Tinubu has approved a targeted fiscal incentive package to unlock the long-delayed...

Dangote Refinery prepared to compete amid regulatory fairness – CEO

The Chief Executive Officer of the Dangote Petroleum Refinery & Petrochemicals, David Bird, has said...

Expanding local refineries won’t guarantee cheaper petrol, says CPPE

The Centre for the Promotion of Private Enterprise has cautioned that expanding domestic refining capacity...

Dangote, Adenuga, Otedola make Forbes 2026 Africa rich list

Four Nigerians, Aliko Dangote, Abdulsamad Rabiu, Mike Adenuga, and Femi Otedola — have been listed...

Manufacturing VAT surges 54.7% to ₦875bn in nine months

Nigeria’s manufacturing sector contributed N875.420 billion to Value Added Tax in the first nine months...