Business News

Customs wages war against vegetable oil smuggling to protect local investments

By Vivian Okejeme The Nigeria Customs Service (NCS) Wednesday, said it has intensified efforts to combat the smuggling of vegetable oil into the country. To...

IMF: Poverty hits 63% despite Tinubu’s economic reforms

By Abubakar Yunusa The International Monetary Fund on Tuesday said Nigeria’s economy had become more resilient following major reforms introduced by President Bola Tinubu’s administration,...

FG unveils $1bn AfCFTA financing window to boost Nigerian exports

By Joy Baba-Yesufu The Federal Government has intensified efforts to drive export-led economic growth under the African Continental Free Trade Area (AfCFTA), unveiling opportunities for...

2025 oil block bid round closes June 12 – NUPRC

By Abubakar Yunusa The Nigerian Upstream Petroleum Regulatory Commission has set Friday, June 12, 2026, as the deadline for submitting technical and commercial bids by...

Nigeria’s total trade for Q1 2026 stood at N34.78bn – NBS

By Mariam Abeeb The National Bureau of Statistics (NBS) says Nigeria’s total merchandise trade stood at N34,788.59 billion in the first quarter of 2026. This is...

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