•Rain Oil leads cuts with N18/litre reduction •Diesel prices crash by up to N70/litre By Udeme Akpan Depot prices of Premium Motor Spirit (PMS), commonly known...
By Peter Egwuatu The Securities and Exchange Commission (SEC) has signed a Memorandum of Understanding (MoU) with Rwanda’s Capital Markets Authority (CMA), aimed at deepening cooperation...
By Providence Ayanfeoluwa There are indications that Nigeria loses N3.2 trillion annually ($4billion) to transport inefficiencies, including gridlock, poor modal integration and logistics fragmentation. The Chairman of...
As Customs seizes 870 smuggled vehicles worth N3.88bn in 15 months By Efe Onodjae Stakeholders in the automobile and maritime sectors have identified delays and high clearing...
The Federal Government has announced significant progress in the implementation of the Nigeria Industrial Policy (NIP) 2025, recording over $380 million in strategic financing commitments within its...
The Nigeria Textile Manufacturers Association (NTMA) has renewed its call for stronger government measures to protect the country’s textile industry from excessive imports, smuggling and unfair foreign...
Nigeria’s manufacturing sector reinforced its role as a major contributor to government revenue in the first quarter of 2026 (Q1’26), generating N329.59 billion in Value Added Tax (VAT)...
By Efe Onodjae Importers and clearing agents have raised concerns over mounting demurrage costs at Nigerian seaports, blaming delays linked to the National Single Window (NSW) platform...
By Elizabeth Adegbesan The Federal Government (FG) has allocated two additional crude oil export terminals to Swede Control Intertek Limited, one of the country’s pre-shipment inspection agents....
•Wipes out profit, dividend By Peter Egwuatu TotalEnergies Marketing Nigeria Plc has attributed its decision not to pay a dividend for the financial year ended December 31,...