Business

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 […]
Visible Articles 5 10 15

Seme Customs records 117% revenue surge, tightens border security

By Providence Ayanfeoluwa   The Nigeria Customs Service, NCS, Seme Area Command, closed 2025 with a record of 117 percent revenue surge, generating a total of N15.6 billion as against N7.2 billion it recorded in 2024. The Command achieved its highest-ever monthly revenue in December 2025 when it generated N3.63 billion.   A statement made available by the […]

Banks slash loans to manufacturers, traders by N2.1trn

Loans to five sectors drop 17.5% to N16.43trn in 6mth By Babajide Komolafe At the backdrop of the challenges confronting the manufacturing sector, including  structural bottlenecks, weak consumer demand and high interest rate, banks slashed loans to manufacturers and traders by  N2.1 trillion in the first six months of  2025 to  N10.946 trillion at the end of […]

NGX rally gathers pace as investors coast home with over N3.8trn gain

•As Tinubu urges Nigerians to deepen participation   By Peter Egwuatu  The Nigerian equities market extended its upward movement last week, posting another strong close as investors garnered N3.837 trillion gain from their investment. Analysts attributed the gain to sustained confidence and resilience of the market.   The trading was characterised by sustained buying interest, sector rotation and […]

Why many Nigerians choose non-interest banking — Summit Bank CEO

Non-interest banking appears to be gaining momentum in Nigeria’s financial landscape. In this interview with Emeka Anaeto, Business Editor of Vanguard Newspaper, the Managing Director of Summit Bank Limited, Dr. Sirajo Salisu, gave insight into the operations in the sub-sector as well as what his organization is bringing to the table. Excerpts. Licensed in February 2025 and […]

Exit mobile version