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Business & Economy
Customs Trade Facilitation Driving Out Smugglers at Seme Border
Because Nigeria's border stations are porous, experts and analysts in the maritime and security sectors have examined trading activities there and concluded that, absent significant…
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NNPC Commits to Strengthening Africa’s Refining Sector, Eyes Regional Hub
The Nigeria National Petroleum Company Limited (NNPCl) has reaffirmed its dedication to removing structural barriers in order to provide a strong basis for an independent African…
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Economic Growth Claims Fall Flat as Market Prices Stay High
Nigeria's economy is recovering, according to official data, but the reality on the ground is more dire. The growing disparity between official growth claims and the excruciating…
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CEGA Commends Approval of 37 New Crude Oil Routes, Applauds NUPRC’s Fight Against Oil Theft
As part of a larger plan to reduce oil theft, increase transparency, and boost Nigeria's oil production, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has received…
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African Cocoa Farmers Alliance Demands Fair Trade and Sustainable Growth
The Cocoa Farmers Alliance Association of Africa (COFAAA) has reaffirmed its commitment to promoting economic justice, amplifying cocoa farmers' voices, and driving long-term…
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Shift in Oil Trade: U.S. Now Exports More Crude Oil to Nigeria Than It Imports
In a historic turn of events, the United States has become a net exporter of crude oil to Nigeria for the first time, according to recent data from the U.S. Energy Information…
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Shell Vows to Sustain Impactful Social Investment Initiatives
According to Shell Nigeria Exploration and Production Company Ltd. (SNEPCo), it and its co-venture partners will keep making significant investments.
Ronald Adams, Managing Director…
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Analysts: Global Trade Shocks, FPI Pressures Hindering Growth of Nigeria’s NFEM
According to analysts, a significant drop in inflows from domestic sources and the ongoing uncertainty surrounding international trade pose a downside risk to foreign exchange inflows…
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Customs Transfers N20.5bn Worth of Counterfeit Drugs to NAFDAC in Rivers
Eleven containers containing illegal and unregistered pharmaceutical products have been turned over from the Nigerian Customs Service (NCS) to the National Agency for Food and Drug…
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Food Prices Drop Slightly In Abuja Markets
Prices for basic foods, particularly rice, are starting to go down a little in a number of markets for residents of the Federal Capital Territory (FCT), Abuja.
It was stated that…
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