Business

FG suspends 4% FOB levy on imports

The Federal Government has suspended the 4% Free on Board (FOB) levy recently introduced by the Nigeria Customs Service (NCS)…

6 months ago

Kaduna showcases investment potential at Intra-Africa trade fair in Algeria

Kaduna State has reaffirmed its status as one of Nigeria’s top investment destinations through its robust participation at the 2025…

6 months ago

Nigeria’s inflation rate drops to 20.12%

The National Bureau of Statistics (NBS) has announced that Nigeria’s inflation rate dropped to 20.12 per cent in August 2025.…

6 months ago

Shea nut export ban threatens farmers’ livelihoods, investor confidence – CPPE

The Centre for the Promotion of Private Enterprise (CPPE) has raised alarm over the Federal Government’s sudden suspension of raw…

6 months ago

U.S cuts Nigerian imports by 41% amid growing tariff dispute  

Nigeria’s trade ties with the United States have come under renewed strain after U.S. imports of Nigerian goods plunged by…

6 months ago

DAPPMAN faults Dangote refinery over fuel pricing practices  

The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has accused the Dangote Petroleum Refinery of engaging in practices…

6 months ago

Nigeria’s oil output slips below OPEC quota, records 1.43mbpd in August

Nigeria’s crude oil production declined in August 2025, falling short of the output quota set by the Organisation of the…

6 months ago

NLNG shifts to third-party gas deals to sustain production

Nigeria LNG Limited (NLNG) says it is ramping up third-party gas sourcing to maintain production levels and meet rising energy…

6 months ago

Dangote: Workers free to join unions, not obligation

Dangote Petroleum Refinery has clarified that joining a trade union within its workforce is entirely voluntary, in line with the…

6 months ago

Investors gain N190bn as stock market closes bullish

The Nigerian stock market closed bullish on Thursday, September 11, 2025, leading to N190 billion gain for investors. The positive…

6 months ago

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