Business

Customs records 38% growth, processed $925.8m in Q1 2026

The Nigeria Customs Service (NCS), Lilypond Export Command, has reported a strong performance in export activities, processing goods valued at…

2 months ago

Stock market closes week with N1.8trn gain

The Nigerian stock market sustained its upward momentum on Friday, April 24, 2026, closing the week on a strong note…

2 months ago

Truck drivers face drug screening in Apapa port safety drive

APM Terminals Apapa, in partnership with the Nigerian Ports Authority, has launched a drug and alcohol testing campaign targeting truck…

2 months ago

MTN credits subscribers with airtime over January network disruptions

MTN Nigeria has begun compensating customers affected by poor network service in January 2026, with subscribers reporting receipt of airtime…

2 months ago

FG, FirstBank unveil low-interest mortgage scheme to boost home ownership

FirstBank has partnered with the Ministry of Finance Incorporated (MOFI) to introduce a new mortgage product aimed at improving access…

2 months ago

EFCC detains Ex-Skye Bank Chairman Tunde Ayeni over N36.5bn, $30m fraud

The Economic and Financial Crimes Commission (EFCC) has arrested the former chairman of the now-defunct Skye Bank Plc, Tunde Ayeni,…

2 months ago

Nigeria nears new revenue-sharing formula as RMAFC begins data verification

Nigeria is edging closer to adopting a new revenue allocation formula, as the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC)…

2 months ago

FG raised N2.69trn from bond market in Q1 2026 amid strong investor demand

The Federal Government raised N2.69 trillion from the domestic bond market in the first quarter of 2026, driven by robust…

2 months ago

Dangote targets East Africa for new 650,000bpd refinery expansion

Africa’s richest industrialist, Aliko Dangote, has unveiled plans to build a 650,000 barrels-per-day refinery in East Africa, marking a major…

2 months ago

Dangote Refinery exports 1.1bn litres of jet fuel to Europe, covers 95% of Nigeria’s supply — AON

The Airlines Operators of Nigeria (AON) has described the Dangote Petroleum Refinery and Petrochemicals as a critical pillar of Nigeria's…

2 months ago

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