Category: Economy

Edo Begins Audit Of Abandoned Industries
January 17, 2026 No Responses

Edo Begins Audit Of Abandoned Industries

As part of measures to revive moribund industries and stimulate economic growth, Edo State Government has commenced a comprehensive on-the-spot assessment of abandoned and non-functional industrial facilities across the state’s three senatorial districts.The statewide exercise is being led by the...
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Nigeria, UAE To Co-Host Investopia, Tinubu Signs Trade Deal
January 13, 2026 No Responses

Nigeria, UAE To Co-Host Investopia, Tinubu Signs Trade Deal

President Bola Tinubu has announced that Nigeria will co-host the global investment platform, Investopia, with the United Arab Emirates (UAE) in Lagos this February, in a major move to attract international investors and accelerate sustainable investment inflo...
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Delta, BoI Sign N1b MSME Revolving Fund MoU
January 13, 2026 No Responses

Delta, BoI Sign N1b MSME Revolving Fund MoU

The Delta State Government, on Tuesday, signed a Memorandum of Understanding (MoU) with the Bank of Industry (BoI) for the management of a ₦1 billion revolving fund established to provide affordable loans to Micro, Small and Medium Enterprises (MSMEs) in...
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EFCC Hands Over Recovered N802.4m To First Bank
January 13, 2026 No Responses

EFCC Hands Over Recovered N802.4m To First Bank

The Benin Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on Monday, January 12, 2026 handed over the sum of N802,420,000( Eight Hundred and Two Million, Four Hundred and Twenty Thousand Naira only) to First Bank Nigeria.The money...
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Shippers’ Council Orders Suspension Of Port Charges Review
January 13, 2026 No Responses

Shippers’ Council Orders Suspension Of Port Charges Review

The Nigerian Shippers’ Council (NSC) has directed all shipping companies, shipping agents and terminal operators in Nigerian ports to immediately suspend and refrain from implementing any review or upward adjustment of their charges until full stakeholder en...
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United Capital Boosts Infrastructure Fund With Four Senior Professionals
January 13, 2026 No Responses

United Capital Boosts Infrastructure Fund With Four Senior Professionals

United Capital Plc has appointed four seasoned infrastructure investment professionals as independent members of the Investment Committee of the United Capital Infrastructure Fund (UCIF), in a move aimed at repositioning the fund to seize emerging infrastructu...
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NUPRC, NRS Strengthen Collaboration To Boost Revenue
January 13, 2026 No Responses

NUPRC, NRS Strengthen Collaboration To Boost Revenue

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigeria Revenue Service (NRS) have agreed to deepen collaboration aimed at enhancing revenue collection for the Federation.The decision was reached on Monday, January 12, 2026, during a cour...
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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 extendin...
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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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