Business

LCCI leads push for digital tourism ecosystem in Nigeria

LCCI leads push for digital tourism ecosystem in Nigeria

By Yinka Kolawole & Adaobi AbimbolaThe Lagos Chamber of Commerce and Industry (LCCI) has called for the development of a digitally intelligent tourism ecosystem in Nigeria, urging the government and private sector to leverage artificial intelligence (AI), digital infrastructure and data-driven solutions to unlock the sector’s economic potential.President of LCCI, Engr. Leye Kupoluyi, made the […]
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Foreign shipping firms reject double port-charging claims

Foreign shipping firms reject double port-charging claims

By Godwin Oritse The Shipping Association of Nigeria, SAN, has rejected claims that shipping companies impose double charges on importers for electronic cargo release services, saying the allegation confuses different processes and deflects attention from other cost pressures in the nation’s ports. The association, an umbrella body for foreign shipping companies operating in Nigeria, said […]

Nigeria’s net domestic assets rise to N101trn

Nigeria’s net domestic assets rise to N101trn

By Peter Egwuatu Nigeria’s Net Domestic Assets (NDA) rose by 27.1 per cent year-on-year (YoY) to N101.006 trillion in July 2026 from N79.496 trillion recorded in the corresponding period of 2025, according to the money and credit statistics of the Central Bank of Nigeria, CBN, for July 2026. NDA represents the Central Bank of Nigeria’s […]

Manufactured goods imports surge 17% to N18trn in H1’26

Manufactured goods imports surge 17% to N18trn in H1’26

By Yinka Kolawole Nigeria’s manufactured goods imports surged Year-on-Year, YoY, by 16.9 per cent to N18 trillion in the first half of 2026 (H1’26), deepening concerns over rising import dependence and the growing pressure on local manufacturers. Latest Foreign Trade Statistics released by the National Bureau of Statistics (NBS) showed that manufactured imports rose from […]

2027 Budget: FG moves to produce implementable Finance Bill

2027 Budget: FG moves to produce implementable Finance Bill

By Emma Ujah, Abuja Bureau Chief The Federal Government (FG) has commenced preparations for the 2027 budget with the inauguration of a subcommittee to review existing fiscal and tax reforms and develop an implementable Finance Bill. The Subcommittee on Fiscal Policy and Tax Reforms was inaugurated yesterday in Abuja by the Minister of Finance and […]

CSOs protest rising debt, demand end to excessive borrowing

CSOs protest rising debt, demand end to excessive borrowing

By Emma Ujah Civil Society Organisations, CSOs, youths, students and market women yesterday protested at the Federal Ministry of Finance, Abuja, demanding an end to what they described as excessive borrowing by the Federal Government. The protesters, under the aegis of Climate Action, said the rising public debt-servicing burden was crowding out funding for critical […]