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Lagos Seaport: Custom Service Recovers N72.4m From Non-Compliant Importers

The Nigeria Customs Service (NCS), Federal Operations Unit (FOU), Zone A, Ikeja, has recovered N72.4 million from fraudulent importers and clearing agents who underpaid Customs duty to the federal Clearing Agents government... Read more »
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UBA 2025 Vision: Harnessing Innovation, Digitalization And Sustainability For A Long Term Growth

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has outlined its roadmap for the 2025 financial year, with a strong focus on innovation, digital transformation, physical and financial strength as well as... Read more »
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Affordable Housing Project Launched In FCT, Targets 5,000 Beneficiaries

T.Pumpy Concept Nigeria Limited, a leading real estate firm, has launched a Mega City project to provide affordable housing for over 5,000 households in the Federal Capital Territory (FCT). Speaking at a... Read more »
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Stakeholders Emphasize The Importance Of Building High Performance Teams On World Managers Appreciation Day

Business leaders, corporate executives, and industry stakeholders have called on managers to prioritise building high-performance teams, emphasising that leadership is about empowering people, not just holding positions. This message was central to... Read more »
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Achieving $1 Trillion Economy: Nigeria Needs Significant Investment In Data Centers, Fibre Optics

Nigeria’s ambition to build a $1 trillion economy depends on €1.05 billion in data center investment, a 90,000-kilometer fiber optic expansion, and a 10 percent broadband penetration boost that could add 2.5... Read more »
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Nigeria Calls For Global Cooperation To Address Urbanization Challenges

The Nigerian government has called for innovative solutions and strengthened international cooperation to address urgent urban development challenges during the opening session of the first session of the 2025 UN-Habitat executive board... Read more »
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Sabotage Exposed: Cartels N300,000 Scam On Truckers Before ETO Intervention

The firm handling the Electronic Call-Up system for trucks at the Lagos Ports, Trucks Transit Parks (TTP), on Thursday, raised the alarm that some individuals who benefitted from the extortion before the... Read more »
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MICE Tourism: Abuja Continental Hotel Aims For Market Leadership

Abuja Continental Hotel is strategically positioning itself to become a leading player in the MICE (Meetings, Incentives, Conferences, and Exhibitions) business. According to Karl Hala, the hotel’s General Manager, the hotel is... Read more »
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FundQuest Supports Women Entrepreneurs With Empowerment Initiatives

FundQuest Financial Services Limited has empowered over 100 women-led Small and Medium Enterprises (SMEs) at the FundHER by FundQuest Conference, an initiative designed to equip female entrepreneurs with business insights, networking opportunities,... Read more »
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Court Declines Fraud Case Against Zinox Boss

A fraud case filed against Zinox Technologies chairman, Leo Stan Ekeh, his wife Chioma Ekeh, and 11 others, has once again been dismissed by the court. The latest is the dismissal of... Read more »
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NNPCL Set To Raise Capital Through Share Sale

The Nigerian National Petroleum Company Limited has revealed that it is now in the final stages of preparing for its highly anticipated listing on the capital market, by the provisions of the... Read more »
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Nigeria Strengthen Commitment To AFCFTA Digital Trade Protocol

The federal government has reaffirmed its commitment to accelerating digital trade under the African Continental Free Trade Area (AfCFTA), urging global partners to support its efforts in expanding market access and economic... Read more »
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Custom Waivers Duties, VAT On Raw Materials For Healthcare Products

The Nigeria Customs Service (NCS) yesterday announced the exemption of raw materials for the production of healthcare products in the country from both duties and Value Added Tax (VAT). Customs Spokesman, Abdullahi Maiwada... Read more »
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Zenith Bank’s Net Profit Surges Past N1trillion, Declares N4 Final Dividend

Zenith Bank Plc has posted significant growth across its key performance indicators for the year ended December 31, 2024 The Bank’s impressive performance reflects effective management and pricing of its risk assets,... Read more »
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Petrol Price Set To Rise As Landing Cost Increases

The cost of importing premium motor spirit, popularly known as petrol, into Nigeria has increased to N885 per litre, up from N797 per litre recorded last week.  The Major Energy Marketers Association... Read more »
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Economists Downgrade 2025 Growth Outlook, Upgrade Later Years

The UK economy is now predicted to grow at a much slower pace this year than previously expected, according to the government’s official forecaster. Presenting her Spring Statement, Chancellor Rachel Reeves said... Read more »
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Cost- Cutting Measures To Drive Network Growth For MTN, Airtel Network

In a strategic move to optimise costs and expand coverage, MTN Group and Airtel Africa have signed agreements to share network infrastructure in Uganda and Nigeria. The collaboration is expected to reduce... Read more »
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Nigerian Entrepreneurs To Benefit From Cascador-NSIA Partnership

Cascador and the Nigeria Sovereign Investment Authority (NSIA) have formed a strategic partnership to drive innovation and support homegrown solutions with the potential for transformative impact.The partnership will enable them to build... Read more »
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FG Simplified Process Yields 308% Increase In Diaspora NIN Enrollment

The number of Nigerians in the diaspora enrolling for the National Identification Number (NIN) has surged by 307.88 per cent, jumping from 366,164 in 2023 to 1.49 million in 2025, as the... Read more »
Food

FG Pushes For Cold Chain Infrastructure To Boost Food Security

The Federal Government has affirmed commitment to strengthen cold chain infrastructure to enhance food security and reduce post-harvest losses in Nigeria. Minister of Agriculture and Food Security, Senator Abubakar Kyari, gave the... Read more »