Category
Production
MMA Customs Command Reports N97.1 Billion Revenue in Q2
Lagos: The Customs Area Controller, Nigeria Customs Service (NCS), Murtala Muhammed Area Command (MMA), Comptroller Michael Awe, announced that the command generated N97.1 billion in the second quarter of the year. Awe shared these figures during a ne…
Stock Market Gains N259bn on Increased Buying Interest
Lagos: The Nigerian stock market extended its positive trend, appreciating by N259 billion amid increased buying interest. Market capitalisation rose by N259 billion or 0.37 per cent to close at N70.894 trillion, compared with N70.635 trillion on Mond…
Centre Unveils Export Launch Pad to Enhance Nigeria’s Global Trade Competitiveness
Abuja: The World Trade Centre (WTC), Abuja, on Tuesday unveiled an export launch pad aimed at boosting Nigeria’s competitiveness in global trade. The pad was unveiled by its Vice-President, Mr. Ahmed Adelaja, alongside the WTC Abuja Trade Desk shortly…
Tinubu’s Mining Reforms Yield $800 Million in Foreign Investments, Announces Alake
Abuja: Dr. Dele Alake, the Minister of Solid Minerals Development, has announced that Nigeria’s solid minerals sector has attracted over $800 million in processing projects in 2025. This development was shared during an interview for an upcoming State…
FG Approves Expansion of Lekki Deep Seaport Channel to Enhance Trade
Lagos: The Federal Government has sanctioned the maintenance dredging of the Lekki Deep Seaport channel, increasing its depth from 16.5 meters to 17 meters, with plans to achieve a depth of 19 meters. This decision, aimed at bolstering Nigeria’s marit…
Nigeria and Benin Customs Launch SIGMAT Platform to Enhance Trade
Lagos: The Nigeria Customs Service (NCS) and the Customs Administration of Benin Republic have inaugurated the Interconnected System for Management of Goods in Transit (SIGMAT) platform, aimed at boosting regional trade. Mr Adewale Adeniyi, Comptrolle…
BPP Trains Procurement Officers, Contractors on Revised Document
Abuja: The Bureau of Public Procurement (BPP) has commenced training on its newly revised standards procurement document in the North-West and North-East zones of the country. This initiative is aimed at enhancing the understanding and effective use o…
Customs Moves to Facilitate Importation of Renewable Energy Technologies in Nigeria
Lagos: The Nigeria Customs Service (NCS) has expressed its commitment to facilitating the importation of renewable energy technologies into the country. The Comptroller-General of Customs (CGC), Bashir Adeniyi, made this pledge at the NCS Trade Facili…
Dangote Pledges Petrol Price Stability Amid Global Oil Fluctuations
Lagos: Dangote Petroleum Refinery and Petrochemicals has reaffirmed its commitment to maintaining stable petrol prices, even as global crude oil prices continue to fluctuate. This was contained in a statement issued on Monday in Lagos by the Group Chi…
Republic Bank PLC appoints new external auditors
Republic Bank (Ghana) PLC has appointed EY as the new external auditors of the Bank, effective 2024 financial year in accordance with regulatory requirements.
The appointment of EY follows a thorough selection process and reflects the Bank’s commitme…