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Palm oil import bill rises 194% to N23bn

Palm oil import bill rises 194% to N23bn

… Stakeholders tie rise to urbanisation, population growth, othersBy Cynthia AloNigeria’s import bill on palm oil rose by 194.4 percent year-on- year (yoy) to N23.16 billion in the first quarter of 2026 (Q1’26) from N7.87 billion in the corresponding period of 2025 (Q1’25). This is contained in the National Bureau of Statistics (NBS) Foreign Trade […]

NPERA commences operations as port economic regulator

NPERA commences operations as port economic regulator

By Godwin Oritse The Nigeria Ports Economic Regulatory Agency (NPERA) has formally commenced operations, ushering in a new era of economic regulation designed to make Nigeria’s ports more transparent, competitive, predictable and efficient. The agency’s commencement follows President Bola Ahmed Tinubu’s assent to the Nigeria Ports Economic Regulatory Agency Bill, 2026, which established NPERA as […]