Category: Economy

Nigerian Stock Market Sustains Growth With N138b Gain
January 9, 2026 No Responses

Nigerian Stock Market Sustains Growth With N138b Gain

The stock market on Thursday sustained its upward trend, with market capitalisation rising by N138 billion, or 0.13 per cent, to close at N102.822 trillion.The benchmark opened trading at N102.684 trillion, reflecting continued investor confidence and extending the market’s positive...
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Tinubu Applauds NGX N100trillion Milestone
January 8, 2026 No Responses

Tinubu Applauds NGX N100trillion Milestone

President Bola Tinubu has praised corporate Nigeria, citizens, and other stakeholders in the Nigerian capital market for surpassing the N100 trillion milestone on the Nigerian Exchange (NGX).President Tinubu described this record achievement as an inspiration ...
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Apapa Customs Records ₦2.93tr Revenue In 2025
January 7, 2026 No Responses

Apapa Customs Records ₦2.93tr Revenue In 2025

By ebosele@hotmail.com For the year 2025, the Nigeria Customs Service (NCS), Apapa Area Port Command, generated a total revenue of ₦2.930trillion, representing an increase of ₦573,295,266,571.10 over the ₦2,357,213,560,539.22 collected in 2024, represent...
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Seme Customs Command Attains ₦15.5b In 2025
January 7, 2026 No Responses

Seme Customs Command Attains ₦15.5b In 2025

By ebosele@hotmail.com The Nigeria Customs Service (NCS), Seme Area Command, has recorded unprecedented revenue milestones in 2025, achieving its highest monthly and annual collections since the Command’s inception.In December 2025 alone, the Command generat...
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Maritime Sector Enters New Growth Phase Under Oyetola
January 7, 2026 No Responses

Maritime Sector Enters New Growth Phase Under Oyetola

Nigeria’s maritime sector has entered a decisive phase of renewal following a series of far-reaching reforms and interventions initiated by the Minister of Marine and Blue Economy, Dr Adegboyega Oyetola.According to the Minister’s Special Adviser, Dr Bolaj...
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Photo News
January 6, 2026 No Responses

Photo News

NUPRC Commission Chief Executive, Mrs Oritsemeyiwa Eyesan (left) during a visit to the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri.
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SIFAX Group Unveils Growth Plan For 2026
January 6, 2026 No Responses

SIFAX Group Unveils Growth Plan For 2026

By ebosele@hotmail.com SIFAX Group has kicked off the 2026 business year with a bold declaration of intent, unveiling an innovation-led growth strategy designed to strengthen operations, deepen technology adoption and expand its footprint across West Africa.Th...
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NGX Market Capitalisation Attains ₦100 Trillion Milestone
January 5, 2026 No Responses

NGX Market Capitalisation Attains ₦100 Trillion Milestone

Nigerian Exchange (NGX) opened the year on a strong footing, with equities market capitalisation crossing the ₦100 trillion mark, buoyed by renewed investor demand and broad-based gains across listed stocks.Market data showed that equities market capitalisat...
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Tinubu Appoints Board Members For NMDPRA, NUPRC
January 5, 2026 No Responses

Tinubu Appoints Board Members For NMDPRA, NUPRC

President Bola Ahmed Tinubu has written two letters to the Senate, seeking confirmation of 21 nominees for the boards of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NU...
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Kano Assembly Passes ₦1.47tri 2026 Budget
December 30, 2025 No Responses

Kano Assembly Passes ₦1.47tri 2026 Budget

THE Kano State House of Assembly has passed the 2026 Appropriation Bill amounting to ₦1.477 trillion following its consideration during plenary.The passage of the bill followed its second reading and deliberations in the Committee of the Whole at a sitting.....
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Customs Steps Up Preparations For Scanner Deployment At Apapa Port
December 23, 2025 No Responses

Customs Steps Up Preparations For Scanner Deployment At Apapa Port

The Nigeria Customs Service (NCS) has stepped up preparations for the operational take-off of its newly installed FS6000 scanning machine at APM Terminals, Apapa, following a working visit by the Deputy Comptroller-General of Customs in charge of ICT, DCG Oluy...
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JEX Markets Appoints Ayemhere As MD/CEO
December 21, 2025 No Responses

JEX Markets Appoints Ayemhere As MD/CEO

By Moses Ebosele, ebosele@hotmail.com JEX Markets Limited, Nigeria’s energy commodities exchange and market infrastructure company, has announced the appointment of Dr. Blessing Ayemhere as its Managing Director/Chief Executive Officer (MD/CEO), subject to t...
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Nigeria’s Digital Economy Revenue To Exceed $18.30b By 2026
December 20, 2025 No Responses

Nigeria’s Digital Economy Revenue To Exceed $18.30b By 2026

The Managing Director/CEO, Arthur Stevens Asset Management Limited, Mr. Olatunde Amolegbehas projected that Nigeria’s digital economy revenue will reach $18.30 billion by 2026, as against $5.09 billion in 2019 and $9.97 billion in 2021.Delivering the keynote...
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UBA Partners CIG Motors On $100m Vehicle Financing Scheme
December 19, 2025 No Responses

UBA Partners CIG Motors On $100m Vehicle Financing Scheme

United Bank for Africa (UBA) Plc has unveiled $100 million vehicle finance scheme in collaboration with CIG Motors, Lagride and Lagos State.The initiative is designed to ease the financial burden of purchasing vehicles by offering affordable loan options with ...
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