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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REFORMS: LCCI projects positive year-end economic outcome

REFORMS: LCCI projects positive year-end economic outcome

By Yinka Kolawole At the backdrop of the economic reforms of the federal government (FG), the Lagos Chamber of Commerce and Industry (LCCI) has projected the Nigerian economy to end this year on a positive note if the current reform efforts are sustained. LCCI President, Gabriel Idahosa, expressed this optimism yesterday, in Lagos, at a media […]

UBA, Renewvia commission solar systems across 25 branches

UBA, Renewvia commission solar systems across 25 branches

…Strengthens Nigeria-Norway clean energy collaboration In a significant stride toward deepening economic ties between Nigeria and Norway, United Bank for Africa (UBA) has partnered with Renewvia Solar Nigeria to deploy renewable energy solutions across 25 UBA branches in five Nigerian states. The initiative was formalised at the official Ribbon Cutting ceremony held at the UBA Oba […]

FG’s revenue up 68% to N20.9trn in 2024 — Budget Office

FG’s revenue up 68% to N20.9trn in 2024 — Budget Office

  By Yinka Kolawole, with agency report The federal government’s  (FG) total revenue inflow increased by 68.11 percent to  N20.98 trillion  in 2024 compared to  N12.48 trillion recorded in 2023, the  budget office of the federation has disclosed in  its fourth quarter (Q4) 2024 budget implementation report. The report, however, noted that the figure was N4.89 […]

LG, Ecobank partner to drive smart living with flexible financing solutions

LG, Ecobank partner to drive smart living with flexible financing solutions

By Cynthia Alo   LG Electronics Nigeria has announced a partnership with Ecobank Nigeria to offer flexible financing options that allow consumers to own LG’s latest range of AI-powered Smart TVs, washing machines, refrigerators, and air conditioners without the burden of full upfront payment. The partnership, unveiled at Ecobank headquarters in Lagos with the theme , ‘From […]

Stock market capitalisation inches towards N100trn

Stock market capitalisation inches towards N100trn

By Peter Egwuatu  Nigeria’s equity market climbed to a new high, yesterday, extending its rally on the back of broad economic reforms and improving investor sentiment.   The NGX market capitalisation chasing a N100 trillion mark closed on Thursday at N98.059 trillion, while All-Share Index (ASI) advanced 0.49 per cent   to close at 154,489.90 basis points from […]