Category: Economy

Ministry, NIPSS Partner To Bridge Nigeria’s 2.2mmt Fish Supply Gap
October 29, 2025 No Responses

Ministry, NIPSS Partner To Bridge Nigeria’s 2.2mmt Fish Supply Gap

The Federal Ministry of Marine and Blue Economy has entered into a strategic partnership with the National Institute for Policy and Strategic Studies (NIPSS) to fast-track national fish production and close Nigeria’s estimated 2.2 million metric tonne fish supply gap...
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Customs Hands Over 60,000 Litres of Seized PMS To NMDPRA
October 29, 2025 No Responses

Customs Hands Over 60,000 Litres of Seized PMS To NMDPRA

The Nigeria Customs Service (NCS), through Operation Whirlwind, has handed over a truck loaded with 60,000 litres of Premium Motor Spirit (PMS) to the Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) for further regulatory action.The ha...
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Nestlé Nigeria Declared N72.5b Profit In NIne Months
October 29, 2025 No Responses

Nestlé Nigeria Declared N72.5b Profit In NIne Months

Nestlé Nigeria Plc has released its financial results for the nine months ended September 30, 2025, showing a significant rebound in performance across all key indicators.According to the report, revenue grew by 33% to ₦884.5 billion, up from ₦665.3 billi...
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Minister Faults Obi’s Claim, Reaffirms Nationwide Port Modernisation Drive
October 29, 2025 No Responses

Minister Faults Obi’s Claim, Reaffirms Nationwide Port Modernisation Drive

The Federal Ministry of Marine and Blue Economy has refuted recent remarks by former Anambra State Governor, Mr. Peter Obi, concerning the Federal Government’s approval of the $1 billion modernisation of the Apapa and TinCan Island Ports in Lagos, describing...
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Delta Harps On Collaboration To Boost Automotive Industry Growth
October 27, 2025 No Responses

Delta Harps On Collaboration To Boost Automotive Industry Growth

Delta State Governor, Rt. Hon. Sheriff Oborevwori, has called for a stronger partnership between the executive and legislative arms of government to reposition Nigeria’s automotive industry for global competitiveness.The governor made the call on Monday whil...
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CSCS, IBM, TCS Partner On Market Infrastructure Upgrade
October 27, 2025 No Responses

CSCS, IBM, TCS Partner On Market Infrastructure Upgrade

The Central Securities Clearing System Plc (CSCS) has announced major milestone in its digital transformation drive with the successful upgrade of its core technology platform, executed in partnership with global technology leaders IBM and Tata Consultancy Ser...
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FIRS Boss Lauds Judiciary’s Contribution To Tax Reforms
October 27, 2025 No Responses

FIRS Boss Lauds Judiciary’s Contribution To Tax Reforms

The Executive Chairman of the Federal Inland Revenue Service (FIRS) has commended the Nigerian judiciary for its pivotal role in shaping the country’s tax system through sound and consistent judicial pronouncements.He made the remarks in a goodwill message d...
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Customs Reaffirms Integrity Agenda, Deepens Ties with ICPC, NCoS
October 27, 2025 No Responses

Customs Reaffirms Integrity Agenda, Deepens Ties with ICPC, NCoS

The Customs Area Controller of the Kirikiri Lighter Terminal Command, Comptroller Joy Edelduok, has reaffirmed the Nigeria Customs Service’s (NCS) commitment to integrity and transparency during a courtesy visit to the Independent Corrupt Practices and Other...
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Apapa Gridlock Resurfaces As Truckers Clog Port Access Roads
October 26, 2025 No Responses

Apapa Gridlock Resurfaces As Truckers Clog Port Access Roads

The notorious traffic gridlock that once crippled Apapa and its environs is making a troubling comeback, threatening to paralyze movement and disrupt port operations once again.Despite past government interventions, residents, commuters, and port workers are n...
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NCDMB To Train 10,000 Nigerians For Emerging Oil Industry Jobs
October 26, 2025 No Responses

NCDMB To Train 10,000 Nigerians For Emerging Oil Industry Jobs

Driven by renewed big-ticket investments and new projects in Nigeria’s oil and gas industry, the Nigerian Content Development and Monitoring Board (NCDMB) has unveiled a special Human Capital Development (HCD) Programme aimed at training over 10,000 young Ni...
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Bayelsa, CCECC Partner On Road, Agric, Mass Housing Projects
October 26, 2025 No Responses

Bayelsa, CCECC Partner On Road, Agric, Mass Housing Projects

Bayelsa State’s drive to grow its economy through foreign investment got another boost at the weekend with the signing of a Memorandum of Understanding (MoU) with construction giant, China Civil Engineering Construction Corporation (CCECC), at the firm’s h...
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FOU A Customs Impounds HardDrugs, Handover Over To NDLEA
October 24, 2025 No Responses

FOU A Customs Impounds HardDrugs, Handover Over To NDLEA

The Federal Operations Unit (FOU), Zone A, of the Nigeria Customs Service (NCS)has announced that its operatives intercepted a substance suspected to be hard drugs along the Gbaji–Seme Road.The Comptroller of the unit, Comptroller Mohammed Shuaibu, made the ...
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Customs Tasks Exporters On Value Addition, AfCFTA
October 24, 2025 No Responses

Customs Tasks Exporters On Value Addition, AfCFTA

The Customs Area Controller, Oyo/Osun Area Command, Comptroller Gambo Aliyu, has called on Nigerian exporters to prioritise value addition, trade diversification, and compliance with export regulations as the country deepens its participation in the African Co...
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Presco Declares Second Interim Dividend Of N10
October 24, 2025 No Responses

Presco Declares Second Interim Dividend Of N10

For the nine-month ended September 30, 2025,Presco Plc, Nigeria’s leading fully integrated edible oil business, has declared 108.2% year-on-year growth in Profit Before Tax (PBT) to N139.7 billion.Following this record performance, the Board of Directors has...
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