Category: Economy

Nord Rolls Out Three Electric Vehicle Models
November 10, 2025 No Responses

Nord Rolls Out Three Electric Vehicle Models

Nord Automobiles Limited has launched Tavet Motion, a new subsidiary dedicated to electric vehicles (EVs), with the unveiling of three groundbreaking models — Luto, Garent, and Vant — at a high-profile event held on Thursday at the Oriental Hotel, Lagos...
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Customs Port Harcourt Area I Command Attains N33b Revenue In October
November 10, 2025 No Responses

Customs Port Harcourt Area I Command Attains N33b Revenue In October

The Port Harcourt Area I Command of the Nigeria Customs Service (NCS) has achieved a revenue collection of ₦33.753 billion in October 2025, its highest monthly performance to date.This was disclosed in a statement issued by the Command’s Public Relations.....
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Ogun II Customs Command Reaffirms Business-Friendly Environment
November 10, 2025 No Responses

Ogun II Customs Command Reaffirms Business-Friendly Environment

The Customs Area Controller, Ogun II Command, Comptroller Olusola Akingbade, has reaffirmed her commitment to sustaining a business-friendly environment while strengthening engagement with key industrial stakeholders across the state.In a statement issued by t...
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Edo Deepens EIRS Staff Capacity With Training On New Tax Act
November 10, 2025 No Responses

Edo Deepens EIRS Staff Capacity With Training On New Tax Act

The Edo State Internal Revenue Service (EIRS), in collaboration with the Institute of Revenue Management and Research (IRMR), has concluded a two-day training and capacity-building programme for its management and staff on the New Tax Act, 2025.Held at the Sun...
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PalmPay, Wema Bank Complete Nigeria’s First Live Transaction On National Payment Stack
November 9, 2025 No Responses

PalmPay, Wema Bank Complete Nigeria’s First Live Transaction On National Payment Stack

Nigeria’s digital payment landscape reached a groundbreaking milestone on Friday, November 7, 2025, as the first live transaction was successfully completed on the National Payment Stack (NPS) at exactly 11:56 a.m.City Business News reports that the historic...
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Yusuf Ali To Lead National Security Dialogue At Gavel International Annual Lecture
November 9, 2025 No Responses

Yusuf Ali To Lead National Security Dialogue At Gavel International Annual Lecture

Eminent Nigerian legal scholar, Professor Yusuf Olaolu Ali, SAN, will lead distinguished Nigerians on Tuesday, November 11, 2025, in addressing the country’s pressing security challenges amid serious allegations by the United States of religious genocide tar...
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CBN Harps On Effective Communication For Banking Recapitalisation, $1tri Economy
November 9, 2025 No Responses

CBN Harps On Effective Communication For Banking Recapitalisation, $1tri Economy

The Central Bank of Nigeria (CBN) has identified strong and effective communication as a catalyst for achieving the ongoing banking sector recapitalisation and advancing the country’s ambition of becoming a $1 trillion economy.Mr. Philip Ikeazor, the CBN Dep...
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Popoola: Gender Equity Key To Strong Governance, Business Resilience
November 8, 2025 No Responses

Popoola: Gender Equity Key To Strong Governance, Business Resilience

Gender equity is no longer merely a moral cause in corporate Nigeria, it has become central to governance, profitability, and long-term business resilience, according to Group Managing Director and Chief Executive Officer of Nigerian Exchange Group (NGX Group)...
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Nigeria, Denmark Strengthen Maritime Partnership
November 7, 2025 No Responses

Nigeria, Denmark Strengthen Maritime Partnership

The government of Denmark has pledged its continued support for Nigeria’s maritime sector development while seeking to explore new areas of economic partnerships.This was disclosed by the Danish Ambassador to Nigeria, Mr. Jens Ole Bach Jansen, during his...
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Bankit Unveils Advanced Device-Verification System To Boost Digital Banking Security
November 6, 2025 No Responses

Bankit Unveils Advanced Device-Verification System To Boost Digital Banking Security

Bankit, a top-tier Nigerian digital bank and fintech platform championing financial inclusion, has introduced a new device-verification system aimed at enhancing user account security. The feature requires customers to authenticate any new or unrecognized devi...
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Lagride Tackles ‘Korope’ With Low-Cost Omni In Lagos
November 6, 2025 No Responses

Lagride Tackles ‘Korope’ With Low-Cost Omni In Lagos

Lagos’ leading smart mobility platform has launched the Lagride Omni, described as a “low-cost, air-conditioned shared-ride service designed for offices, churches, schools, and large groups”.City Business News reports that the Omni is being posit...
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NCDMB Boss Urges Africa To Prioritize Local Content For Energy Growth
November 6, 2025 No Responses

NCDMB Boss Urges Africa To Prioritize Local Content For Energy Growth

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has called on African nations to make local content policies and implementation the foundation of their energy future, in order to effectively ...
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Cedric Masters Group To Showcase JIM-ISUZU Pickup At Lagos Trade Fair
November 5, 2025 No Responses

Cedric Masters Group To Showcase JIM-ISUZU Pickup At Lagos Trade Fair

As anticipation builds for the 2025 Lagos International Trade Fair, Cedric Masters Group, authorized assemblers of Jianxi Isuzu Motors (JIM-ISUZU) in Nigeria, is set to make a strong statement with the public exhibition of the latest cost effective, fuel effic...
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NIMASA Harps On Judiciary’s Crucial Role In Nigeria’s Blue Economy
November 5, 2025 No Responses

NIMASA Harps On Judiciary’s Crucial Role In Nigeria’s Blue Economy

The Nigerian Maritime Administration and Safety Agency (NIMASA) has underscored the judiciary as a critical partner in unlocking the full potential of Nigeria’s Blue Economy.This position was reiterated by the Director General of NIMASA, Dr. Dayo Mobereola, ...
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