Business

Nigeria-UAE trade surges 66.7% to $5bn in 1 year

By Yinka Kolawole Bilateral trade between Nigeria and the United Arab Emirates (UAE) rose by 66.7 percent to about $5 billion in 2025 from $3 billion in 2024, highlighting growing economic ties between both countries as they move towards formalising a Comprehensive Economic Partnership Agreement (CEPA). The development was disclosed when the UAE Ambassador to […]
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LCCI laments over avalanche of multiple taxation

LAGOS Chamber of Commerce and Industry (LCCI) has lamented perceived multiple tax charges demanded by all levels of government from the private sector, saying the tax burden and levies were killing business operations, especially when situated within the context of the high operating cost of businesses.

Programos offers bailout software packages to stockbrokers

With its bullish holds of over 100 stockbrokers’ automation across African capital market, Programos Software Limited, an indigenous software development and an ISO-registered company in the Nigerian ICT industry has offered bail out software products to the stockbroking firms struggling to survive the recession period.

Import-export business in focus at W.A. summit

A MEETING between textile and clothing dealers from the West African Economic and Monetary Union member states (UEMOA), the African Economic and Monetary Community of Central Africa (CEMAC) and the three Mekong Francophone countries, namely Cambodia, Laos and Vietnam, was being held Tuesday in Cotonou.

Nigeria’s non-oil export glides in 2009, NEPC

THE effect of the global economic meltdown may have strike Nigeria’s non-oil export sector as its earning dropped largely last year.
As at September last year, the earnings from non-oil export was put at $1 billion by the Nigerian Export Promotion Council (NEPC), down from from the $1.8 billion earned in the corresponding period of 2008.

‘Museums, archives get facelift’

Over 20 museums and archives in the country were rehabilitated in 2009, Mr George Ufot, the Director of Culture, Ministry of Tourism, Culture and National Orientation has said .

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