The Presidential Enabling Business Environment Council, PEBEC, has announced plans to commence a two-day clean-up and enforcement exercise along the Lagos port corridors as part of efforts to improve trade facilitation and enhance efficiency at the nation’s seaports. The operation, scheduled for May 14 and 15, 2026, will be carried out through PEBEC’s Ports and Customs […]

By Yinka Kolawole Analysis of the audited 2025 full-year financial statements of top ten Fast-Moving Consumer Goods, FMCG, companies in Nigeria has revealed that the firms incurred a combined debt burden of about N1.963 trillion, underscoring the mounting pressure facing operators in the consumer goods sector amid soaring inflation, rising interest rates and foreign exchange volatility. […]

By Ozioruva Aliu Political differences in Edo State were buried throughout the weekend as politicians across political parties, political office holders, top government officials, political office holders participated in the burial ceremonies of the mother of the state deputy governor, Late Madam Esther Idahosa. She was 95 years. Among the high-profile personalities that attended the […]

NECA has raised serious concerns over the MoU signed between NNPCL and Chinese firms over Port Harcourt and Warri refineries.

By Obas Esiedesa Oil companies in Nigeria exported about 80 percent of the country’s crude oil production in the first quarter of 2026 despite rising demand from domestic refineries. Latest data released by the Nigerian Upstream Petroleum Regulatory Commission showed that out of the 139.93 million barrels of crude oil produced in the first three […]