By Providence Ayanfeoluwa There are projections that a fully operational National Single Window, NSW could boost Customs revenue by 10 to 20 percent annually, yielding between N600 billion and N1.2 trillion in additional earnings. The Sea Empowerment And Research Center, SEREC made the projection in a bulletin titled: “Nigeria’s Path Toward Seamless Cargo Clearance: The Imperative […]

By Rosemary Iwunze Minister of State for Finance, Dr. Doris Uzoka-Anite, has called on the insurance industry to take a central role in mitigating the economic impact of climate change, warning that African economies are losing billions of dollars annually to climate-related disasters.  This is just as the Commissioner for Insurance, Mr. Olusegun Ayo Omosehin urged […]

By Chinedu Mmadu Pathway Advisors Limited, one of the Nigeria’s leading issuing house and financial advisory firm, has recorded another stellar performance in its role as Financial Adviser, Transaction Sponsor, and Lead Arranger to Veritasi Homes & Properties Plc on the oversubscribed issuance of N6.135 billion Series 1 Commercial Paper issuance under its newly registered N20.00 […]

By Yinka Kolawole At the backdrop of Nigeria’s 65th independence anniversary celebrations, manufacturers in the country have lamented their dwindling fortunes occasioned by high interest rates, energy costs, regulatory uncertainties and infrastructure deficits, among other binding constraints. Available statistics indicate a declining trend in the manufacturing sector’s contribution to the nation’s Gross Domestic Product (GDP). For […]

The European Union’s decision to hike steel tariffs and sharply cut import quotas has provoked widespread concern in the UK, as well as rumblings of discontent among carmakers on the continent. The bloc announced plans to reduce tariff-free quotas on imported steel – proposing a reduction of 47% compared to 2024 steel quotas – and to […]

By John Alechenu, ABUJA Amid rapid expansion in Nigeria’s non-oil exports, there are indications that local operators in the sector are losing out to their foreign counterparts, especially those from Asian countries, notably, Indians, Chinese, Lebanese and Vietnamese. Also industry operators have indicated that the expected economic benefits of a diversification from oil-dependent to non-oil export are […]

By Yinka Kolawole Nigeria’s economy maintained upward momentum in September 2025, as the Purchasing Managers’ Index (PMI) rose to 54.0 points from 51.7 points in August, marking the tenth consecutive month of expansion. According to the latest PMI report released by the Central Bank of Nigeria (CBN), the index indicated stronger expansion in business activity across key […]

By Peter Egwuatu   Investors raked N2.16 trillion profit, highest week-on-week so far and the fifth consecutive week upswing, coming ahead of the third quarter 2025, Q3’25, earnings report and inflation data for September. Specifically, the Nigerian Exchange Limited, NGX, market capitalisation, which shows the total value of equities on the Exchange, closed on Friday at N93.296 trillion […]

Cardoso has underscored the importance of clear communication, credible data, and strong coordination between fiscal and monetary authorities

The new guideline also requires banks and ATM operators to deploy advanced systems that automatically reverse failed or partial transactions.