Business

Customs, agents disagree over National Single Window operations

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 […]
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FirstBank demonstrates effective assets and liability management with Eurobond Redemption

FirstBank demonstrates effective assets and liability management with Eurobond Redemption

First  Bank of Nigeria Limited (FirstBank), the premier bank in West Africa and a leading financial inclusion service provider, has announced  that  it  has redeemed its $350 million Eurobond upon maturity on 27 October 2025. The Eurobond was issued as Senior Notes in October 2020 at 8.625% with semi-annual coupon payments, which was 70% oversubscribed at […]

PTML Customs generates N116bn in Q3

PTML Customs generates N116bn in Q3

By Cynthia Alo The Port and Terminal Multi-Services Limited (PTML) Command of the Nigeria Customs Service (NCS) generated N116.2 billion in revenue for the third quarter of 2025, Q3’25, representing a 34.3 per cent increase from the N86.5 billion recorded in the same period of 2024. Customs Area Controller of the Command, Comptroller Joe Anani, disclosed […]

Nigeria’s foreign inflow in stock market rises 846% to over N1trn

Nigeria’s foreign inflow in stock market rises 846% to over N1trn

By Peter Egwuatu The Nigeria’s foreign portfolio inflow through the stock market increased sharply by 845.9% in two years as at September 2025, to N1.03 trillion against the figure of N108.93 billion in 2023. Conversely the foreign investment outflow increased by 443.6 % to N810.39 billion in the two year period as at September 2025 to […]

UBA to showcase power of digital marketing for SME growth at Business Series

UBA to showcase power of digital marketing for SME growth at Business Series

United Bank for Africa (UBA) Plc is set to host another edition of the quarterly UBA Business Series, with the theme “Content that Converts: Building Influence and Driving Growth Through Strategic Marketing.” This edition, the final for the year, which will be held at the UBA Head Office, Marina Lagos, on Thursday, November 6th, 2025, underscores […]

FATF delisting will boost investor confidence in Nigeria — SEC DG

FATF delisting will boost investor confidence in Nigeria — SEC DG

By Peter Egwuatu Director General of the Securities and Exchange Commission, SEC, Dr. Emomotimi, Agama has commended Nigeria’s removal from the Financial Action Task Force, FATF, grey list, describing it as a clear reflection of the country’s renewed policy direction and commitment to transparency. The FATF maintains “grey” and “black” lists for countries it has identified […]