Business

Trade facilitation: Customs unveils digital baggage import declaration

Trade facilitation: Customs unveils digital baggage import declaration

The Nigeria Customs Service, NCS has announced the deployment of a Simplified Baggage Import Declaration System at the Seme Area Command. This marks a new phase in its drive for digital innovation, trade facilitation, and improved passenger clearance processes. The initiative is designed to streamline baggage declaration, reduce clearance time, and enhance transparency for legitimate […]
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FG begins implementation of Executive Order on oil, gas revenues

FG begins implementation of Executive Order on oil, gas revenues

By Emma Ujah, Abuja Bureau Chief The Federal Government, FG, has commenced implementation of the Oil and Gas Revenues Executive Order 09. The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, disclosing this in a statement yesterday said a Technical Committee has been set up to ensure payment of the affected revenues into […]

Why Africa’s energy transition must start with infrastructure

Why Africa’s energy transition must start with infrastructure

By Ifeanyi Ajuluchukwu, Chief Executive Officer, Montserrado When the world looks at Africa, it often sees extremes. Some see a continent powered by youth, creativity, and vast natural resources, while others see fragility, power shortages, poverty, and climate vulnerability. Yet beneath every narrative lies a deeper truth – Africa has everything it needs to claim […]

NIMASA rallies stakeholders on IMO GreenVoyage2050 plan

NIMASA rallies stakeholders on IMO GreenVoyage2050 plan

By Godwin Oritse The Nigerian Maritime Administration and Safety Agency (NIMASA) has reaffirmed its commitment to providing regulatory leadership, technical coordination, and strong stakeholder engagement to drive the development and effective implementation of a robust National Action Plan on maritime decarbonisation in Nigeria. Speaking at a stakeholders’ workshop on development of a National Maritime Decarbonization Action […]

NGX Group records N15.6bn profit, declares N3.00 dividend

NGX Group records N15.6bn profit, declares N3.00 dividend

…Issues 1 for 3 bonus By Peter Egwuatu   The Nigerian Exchange Group, NGX Group has the recorded N15.6 billion Profit Before Tax, PBT,   in its audited results for the year ended 31 December 2025, up from N13.6 billion in the corresponding period 2024. The Exchange also declared N3.00 per share dividend and a bonus of one […]