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’ […]
Zichis Agro Allied Industries sets to list 600m shares on NGX
By Peter Egwuatu Zichis Agro Allied Industries Plc , has concluded arrangements to list 6000,000,000 ordinary shares of 50 kobo each at N1.81 per share on the floor of the Nigerian Exchange Limited, NGX following approval of the regulatory authorities. The company, at its completion board meeting for the listing by introduction on the Growth […]
NGX Pension Broad Index surpasses All Share Index with 59.72% return in 2025
By Peter Egwuatu The NGX Pension Broad Index, a benchmark for pension-compliant equity investments, recorded a 59.72% return in 2025, outperforming the NGX All-Share Index (ASI), which gained 51.19% over the same period. The index closed the year at 2,917.84 points, up from 1,826.89 points at the end of 2024, reflecting strong performance by pension-eligible […]
Heineken boss resigns after ‘turbulent’ six-year stint
The chief executive of Dutch brewer Heineken unexpectedly announced his resignation Monday, as the company grapples with lower beer sales and job cuts in a difficult economic environment.
FG set to review tariff policies to boost local production
The federal government has commenced strategic review of tariff policies to encourage local production, protect domestic industries, and ease the cost of doing business. This followed a high-level meeting with the Tariffs Review Board and the Minister of State for Finance, Dr Doris Uzoka-Anite, where existing tariff regimes were weighed against the backdrop of rising production […]
How manufacturers can benefit from new tax laws’
By Yinka Kolawole Nigerian manufacturers are set to benefit from performance-based incentives with the implementation of the Nigeria Tax Act (NTA) 2025, which took effect from January 1, 2026. Analysing the new legislation, Kehinde Folorunsho, Partner, Tax Services at Kreston Pedabo Professional Services, said the Act represents one of the most far-reaching overhauls of Nigeria’s tax […]
