Business
Customs Unveils New Strategy to Raise ₦400bn from Excise Duties in 2026
The Nigeria Customs Service has rolled out a fresh plan aimed at significantly increasing revenue from excise duties, setting a projection of ₦400...
CBN Steps Up Supervision of Digital Banking Amid Fintech Growth Surge
The Central Bank of Nigeria (CBN) has introduced stronger supervisory measures aimed at tightening control over the country’s fast-growing digital finance sector. The...
Refiners Explain Price Gap Between Imported Petrol and Local Supply
Nigeria’s refining operators have said that imported petrol appears cheaper than locally refined fuel largely because of differences in product quality and production...
Nigeria Faces Inflation, Fiscal Pressure as Oil Prices Eye $100+ Amid Global Tensions
Nigeria’s economy is facing renewed fiscal and inflationary pressure as rising geopolitical tensions in the Middle East push global oil prices towards the...
NERC Introduces Stricter Measures to Reduce Power Transmission Losses Nationwide
The Nigerian Electricity Regulatory Commission (NERC) has introduced fresh operational guidelines aimed at significantly reducing energy losses within the country’s power transmission network....
Global Markets Rattle as Energy Prices Spike After U.S. Moves to Restrict Hormuz Passage
International financial markets faced sharp turbulence on Monday following renewed geopolitical tension in the Middle East, as crude oil prices climbed past the...
Nigeria Records Slight Rise in Power Supply as Grid Generation Climbs to 4,300MW
The Federal Government has reported a modest improvement in electricity generation, with output on the national grid increasing from 3,951 megawatts to about...
ECOWAS Launches Recruitment Drive for Multiple Roles Across West Africa
The Economic Community of West African States (ECOWAS) has opened applications for more than 30 job positions in Nigeria and several other member...
