Customs releases impounded trucks after CGC’s intervention at bonded terminal
By Godwin Oritse The Nigeria Customs Service (NCS) has released 36 trucks belonging to members of the Association of Maritime Truck Owners (AMATO) that were impounded during an investigation into alleged trade infractions at Zarmmak Bonded Terminal in the Amuwo Odofin area of Lagos. The trucks were detained by Customs Police attached to the Zone ‘A’ […]
S&P Dow Jones places Nigeria on 2027 Frontier Market Watchlist
By Peter Egwuatu & Yinka Kolawole Nigeria’s capital market has received a significant boost after S&P Dow Jones Indices (S&P DJI) placed the country on its 2027 Country Classification Watchlist for potential reclassification from a Standalone Market to a Frontier Market, citing improvements in the country’s regulatory environment and market integrity. This is even as Bloomberg ranked […]
Dangote Cement pushes Africa’s net-zero cement agenda at global summit
By Yinka Kolawole Dangote Cement Plc has reaffirmed its commitment to driving low-carbon cement production, with Group Managing Director, Arvind Pathak, urging African producers to accelerate decarbonisation while expanding capacity to meet the continent’s growing infrastructure demand. Pathak made the call after participating in the Global Cement and Concrete Association (GCCA) CEO Strategic Dialogue in Madrid, […]
MultiChoice now fully integrated into Global Media Group — Canal+ CEO
MultiChoice has formally become a full subsidiary of Canal+, marking a new phase in the evolution of one of Africa’s leading pay television operators. In a statement, yesterday, David Mignot, Chief Executive Officer of Canal+ Africa and MultiChoice, said the integration positions MultiChoice within a global media organisation with an extensive international footprint. MultiChoice is […]
Nigeria solid minerals exports hit N354bn
By Gabriel Ewepu Nigeria’s solid minerals exports have sustained uptrend rising to N354 billion in 2025, up by 2018 percent from N117.29 billion recorded in 2023. The figure for nine months 2024 was N199.6 billion with full year estimated to be over N266 billion. Similarly, revenue generated for the Federation Account climbed to over N70 billion, […]
Dangote effects another cut in petrol price
•As diesel prices rises across major depots By Udeme Akpan The Dangote Petroleum Refinery on Wednesday trimmed its ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, by ¦ 1 per litre, even as diesel prices climbed across several petroleum depots in Lagos, reflecting mixed trends in Nigeria’s downstream petroleum market. Meanwhile, the global […]
