31.23Lagos

Saturday, 11 April 2026

Nigeria Slashes Duties On Cars, Palm Oil, Sugar

Nigeria Slashes Duties On Cars, Palm Oil, Sugar

The Nigerian Government has approved the implementation of the 2026 Fiscal Policy Measures (FPM), introducing sweeping tariff reductions on key imports, including vehicles,...
Nigeria Reduces Crude Palm Oil Import Duty To 28.75%

Nigeria Reduces Crude Palm Oil Import Duty To...

By ebosele@hotmail.com Nigeria’s crude palm oil market is set for a shift following the Federal Government’s approval of new fiscal policy measures that...
Tinubu Inaugurates 60-Megawatt Gas Turbine Plants In Bayelsa

Tinubu Inaugurates 60-Megawatt Gas Turbine Plants In Bayelsa

President Bola Tinubu, on Friday, inaugurated 60-megawatt gas turbine plants at Elebele in Ogbia Local Government Area of Bayelsa.The president also inaugurated other...

Nigeria Slashes Duties On Cars, Palm Oil, Sugar

The Nigerian Government has approved the implementation of the 2026 Fiscal Policy Measures (FPM), introducing sweeping tariff reductions on key imports, including vehicles, crude palm oil, and sugar.The new measures, con...

Nigeria Reduces Crude Palm Oil Import Duty To 28.75%

By ebosele@hotmail.com Nigeria’s crude palm oil market is set for a shift following the Federal Government’s approval of new fiscal policy measures that reduce the import duty on the commodity to 28.75 percent.The re...

Tinubu Inaugurates 60-Megawatt Gas Turbine Plants In Bayelsa

President Bola Tinubu, on Friday, inaugurated 60-megawatt gas turbine plants at Elebele in Ogbia Local Government Area of Bayelsa.The president also inaugurated other projects implemented by the Gov. Douye Diri-led admin...

NADDC Rolls Out Framework To Drive Auto Dealer Financing

Registered automobile dealers in Nigeria are set to benefit from improved access to financing and broader business opportunities following the launch of the National Vehicle Dealership Registration Framework by the Natio...

NUPRC, Petroleum Ministry Strengthen Collaboration

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reaffirmed its commitment to closer collaboration with the Federal Ministry of Petroleum Resources to ensure effective policy implementation and regulator...

Capital Market/Banking

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Elumelu Welcomes 720 UBA Graduate Trainees, Confirms 300 Contract Staff...

Chairman of United Bank for Africa, Tony Elumelu, on Thursday addressed 720 graduate trainees drawn from Cohorts 19 and 20 of the bank’s Graduate Management Acceleration Programme (GMAP) from across Africa.Speaking dur...

Pension assets hit N29.43trn

NIGERIA’S pension assets rose to N29.43 trillion in February, representing a month-on-month increase of N1.39 trillion.This is according to data released by the National Pension Commission (PenCom).The latest figure re...

Nigeria Regains FTSE Frontier Market Status

Nigeria has been restored to Frontier Market status by FTSE Russell, marking a major milestone in the country’s return to global investment indices and signalling fresh opportunities for international investors.The rec...

Stock Rebounds After Easter, Investors Gain N208b

The Nigerian stock market on Tuesday reopened after the Easter holiday on a bullish note, as investors recorded a gain of N208 billion amid renewed buying interest in key equities.Market capitalisation rose by 0.16 per c...

CBN Approves Flutterwave’s Banking Services Drive

FLUTTERWAVE has secured regulatory approval from the Central Bank of Nigeria (CBN) to provide banking services in Nigeria.The Founder and Chief Executive Officer of Flutterwave, Olugbenga Agboola, disclosed this in a sta...

Maritime

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Nigeria Slashes Duties On Cars, Palm Oil, Sugar

The Nigerian Government has approved the implementation of the 2026 Fiscal Policy Measures (FPM), introducing sweeping tariff reductions on key imports, including vehicles, crude palm oil, and sugar.The new measures, con...

Photo News

L-R – Executive Secretary, Nigerian Shippers’ Council; Dr. Akutah Pius; Managing Director, Nigerian Ports Authority, Dr. Abubakar Dantsoho, Minister, Ministry of Marine and Blue Economy, Adegboyega Oyetola, P...

Nigerian Shippers’ Council, NRS Seek Waivers Over Single Window Delays

The Nigerian Shippers’ Council (NSC) and the Nigeria Revenue Service (NRS) have appealed to shipping companies and terminal operators to grant waivers to importers and clearing agents affected by delays arising from th...

Customs, PEBEC Align On Strategy To Improve Port Efficiency

Shippers’ Council Signs 2026 Performance Bond, Lists 2025 Achievements

The Executive Secretary and Chief Executive Officer of Nigerian Shippers’ Council (NSC), Dr. Akutah Pius has signed the Council’s 2026 Sectorial Performance Bond at the just concluded stakeholder’s’ engagement in...

NADDC Rolls Out Framework To Drive Auto Dealer Financing

Registered automobile dealers in Nigeria are set to benefit from improved access to financing and broader business opportunities following the launch of the National Vehicle Dealership Registration Framework by the Natio...

NADDC Unveils Vehicle Dealership Registration Framework

By ebosele@hotmail.com The National Automotive Design and Development Council (NADDC) is set to unveil the National Vehicle Dealership Registration Framework today, April 10, 2026, in Abuja.City Business News reports tha...

Carloha Nigeria Deepens Aftersales Capacity With Chery Training Programme

The authorised dealer of Chery vehicles in Nigeria, Carloha Nigeriahas concluded its 2026 Basic Chery Training Programme for partner technicians, as part of efforts to strengthen its aftersales service network across the...

Coscharis Motors Rolls Out Easter Discount

NADDC Hosts Earthoc Energy, Explores Clean Energy Partnership

The National Automotive Design and Development Council (NADDC), on Thursday received a delegation from Earthoc Energy Limited at the Council’s Headquarters in Abuja, to discuss progress and partnership opportunitie...

Energy

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NUPRC, Petroleum Ministry Strengthen Collaboration

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reaffirmed its commitment to closer collaboration with the Federal Ministry of Petroleum Resources to ensure effective policy implementation and regulator...

FG Inaugurates Committee To Review $200bn Gas, Power, Rail Project

The Federal Government (FG) through the Secretary to the Government of the Federation, Sen. George Akume, has inaugurated a high-level technical committee to critically review the proposed $200 billion Integrated Gas, Po...

ExxonMobil Visits NUPRC On Planned Multi-Billion Dollar FID

ExxonMobil has briefed the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on its plan to invest in multi-billion dollar deep-water projects.The oil major unveiled its plans when it visited the NUPRC headquarte...

NEPL/ Seplat JV Unveils More STEAM Laboratories In Edo Schools

Photo Caption: L-R: Director, External Affairs & Social Performance, Seplat Energy, Chioma Afe; former Commissioner for Education, Edo State, Dr. Paddy Iyamu; General Manager, Corporate Social Investment & Social...

With NASS Backing, Monarchs, Stakeholders Seek Unity, Support for Tantita...

Following Wednesday’s vote of confidence passed on Tantita Security Services Limited by the National Assembly, traditional rulers and community leaders in the Niger Delta have called for sustained support for the compa...

Photo News

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Photo News

L-R – Executive Secretary, Nigerian Shippers’ Council; Dr. Akutah Pius; Managing Director, Nigerian Ports Authority, Dr. Abubakar Dantsoho, Minister, Ministry of Marine and Blue Economy, Adegboyega Oyetola, P...

Photo News

L-R: Joseph Ogundiran, Corporate Communications Officer, SIFAX Group; Dr. Boniface Aniebonam, Founder and Former President, National Association of Government Approved Freight Forwarders(NAGAFF); Captain Ibraheem Olugbad...

NPA Photo News

The Managing Director, Nigerian Ports Authority (NPA), Abubakar Dantsoho (left), on Wednesday, received the Consul-General of the United States in Nigeria, Mr. Rick Swart at the NPA Headquarters in Marina, Lagos

Photo News

The Inspector-General of Police, Olatunji Rilwan Disu (right) decorates AIG Jimoh Moshood Olorundare following his elevation to the rank of Assistant Inspector-General of Police at a ceremony held at the Force Headquarte...

Photo News

L-R: Permanent Secretary, Ministry of Education, Science and Technology, Oyo State, Mrs Oyinlola Toyin; Honourable Commissioner for Education, Science and Technology, Oyo State, Olusegun Emmanuel Olayiwola; Director Gene...

Security/Safety

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Customs Deepens Stakeholder Engagement In Oyo/Osun

Customs Deepens Stakeholder Engagement In Oyo/Osun

The Nigeria Customs Service has intensified its engagement with excise traders and stakeholders as part of efforts to boost compliance and revenue generation.On...
A New Dawn: Ohaeri As The New Voice Of FRSC

A New Dawn: Ohaeri As The New Voice...

By MUKHTAR Ya’u Madobi A defining moment has arrived for public communication in Nigeria’s road safety architecture, one that signals renewal, precision, and...
NAF Releases DSSC 34/2025 Successful Candidates, Fixes April 18 For Training

NAF Releases DSSC 34/2025 Successful Candidates, Fixes April...

The Nigerian Air Force (NAF) has announced the list of successful candidates for the Direct Short Service Commission (DSSC) Course 34/2025.The development follows...

Agriculture

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Nigeria Reduces Crude Palm Oil Import Duty To 28.75%

By ebosele@hotmail.com Nigeria’s crude palm oil market is set for a shift following the Federal Government’s approval of new fiscal policy measures that reduce the import duty on the commodity to 28.75 perc...

Oil Palm: Nigeria Aims For Global Competitiveness By 2050

The National Palm Produce Association of Nigeria (NPPAN) has expressed optimism that Nigeria will attain self-sufficiency in oil palm production and reclaim a strong position in the global market by 2050.The as...

Nigeria Ramps Up Awareness On GMO Seed Safety

THE National Biosafety Management Agency (NBMA) has sensitised farmers and key stakeholders on the safety and benefits of Genetically Modified Organism (GMO) seeds to enhance agricultural productivity and food ...

Education

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Ogun To Return Missionary Schools To Original Owners

Governor Dapo Abiodun has announced plans to return missionary schools in Ogun State to their original owners as part of efforts to strengthen partnerships in the education sector.The governor made this known o...

Elumelu Welcomes 720 UBA Graduate Trainees, Confirms 300 Contract Staff...

Chairman of United Bank for Africa, Tony Elumelu, on Thursday addressed 720 graduate trainees drawn from Cohorts 19 and 20 of the bank’s Graduate Management Acceleration Programme (GMAP) from across Africa.Sp...

NEPL/ Seplat JV Unveils More STEAM Laboratories In Edo Schools

Photo Caption: L-R: Director, External Affairs & Social Performance, Seplat Energy, Chioma Afe; former Commissioner for Education, Edo State, Dr. Paddy Iyamu; General Manager, Corporate Social Investment &a...