Business

Customs, agents disagree over National Single Window operations

Customs, agents disagree over National Single Window operations

By Godwin Oritse & Efe Onodjae There are indications of festering disagreements over the implementation of the National Single Window (NSW), a centralized digital portal launched by the Federal Government in March this year to address delays in import-export processing at the ports. It allows importers and exporters to submit trade documents once, replacing duplicate paperwork […]
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Moniepoint maintains strong position in Nigeria’s agency banking

Moniepoint maintains strong position in Nigeria’s agency banking

By Patrick Chidubem  Moniepoint Microfinance Bank (Moniepoint MFB) has stated its resolve to maintain leading position in Nigeria’s agency banking space, positioning its track record and distinctive service model as a game-changer for the sector. The company also noted its commitment to deepen value creation across the entire ecosystem. Beyond service provision, the bank is positioning […]

Breweries defy economic hardship, record sharp rise in revenue

Breweries defy economic hardship, record sharp rise in revenue

…As profit rises 117% to N317.2 bn •Our performance was led by  Heineken beer – Nigerian Breweries •We take beer to ease frustration, stress – Consumers •It’s habit driven – Analysts •Helped by product re-pricing – Egbomeade By Peter Egwuatu Against the backdrop of rising costs of living and declining purchasing power, brewing companies have recorded sharp […]

MAN urges Lagos to simplify tax system to boost manufacturing

MAN urges Lagos to simplify tax system to boost manufacturing

By Yinka Kolawole The Manufacturers Association of Nigeria (MAN) has called on the Lagos State Government to simplify its tax structure to support industrial growth, reduce business bottlenecks and attract fresh investments into the manufacturing sector. Chairman of MAN Apapa Branch, Raphael Danilola, made the appeal during the association’s annual business luncheon held in Lagos with […]

NPA cargo throughput hits 32.38m tons, vessel tonnage up 19.5%

NPA cargo throughput hits 32.38m tons, vessel tonnage up 19.5%

Nigeria’s maritime sector recorded strong growth in the first quarter of 2026, as the Nigerian Ports Authority, NPA, posted a 19.5 per cent increase in vessel tonnage to 46.75 million Gross Registered Tonnage, GRT, while cargo throughput rose to 32.38 million metric tons. 

Customs agents protest Marine Police disruption of legitimate trade

Customs agents protest Marine Police disruption of legitimate trade

By Godwin Oritse A group of concerned licensed customs agents and maritime stakeholders under the aegis of the Association of Nigeria Licensed Customs Agents (ANLCA) has petitioned the Inspector-General of Police over alleged interference of the Marine Police in port operations. Specifically, they accused the Police unit of blocking and extorting importers of duly cleared cargoes […]