By Emma Ujah, Abuja Bureau Chief The Controller of the Command, Port Harcourt Area I Command, of the Nigerian Customs Service, Comptroller Salamatu Atuluku, has disclosed that the Command had already surpassed the 2025 annual revenue target of N216 billion by N18.1 billion as of October. She stated: “Impressive is the Command’s cumulative revenue for the […]

By Peter Egwuatu Credit to the Private sector, CPS, in Nigeria has expanded significantly in the last two years, growing by 75.9 % to hit all time high of N117.783 trillion as at September 2025 from N66.944 trillion in the corresponding period 2023. CPS includes loans, trade credits and other account receivables and supports provided by banks […]

Energy: Practical Nigerian content to drive high-level deal-making

By Emeka Anaeto, Business Editor

As global markets evolve and energy producers seek resilient, localised supply chains, Nigeria’s growing local content capacity has continued to position it as a model for sustainable growth across the continent.

Building on the advancements in the sector, the 14th edition of the Practical Nigerian Content (PNC) Forum, themed “Securing Investments, Strengthening Local Content, and Scaling Energy Production”, taking place from 1–4 December 2025 in Yenagoa, Bayelsa State, Nigeria, is attracting more stakeholders’ commitments.

Commenting on Ikosh Nigeria Limited’s participation at this year’s Forum, Oluwamuyiwa Kosile, Managing Director of Ikosh Nigeria Limited, said, “We remain committed to advancing Nigeria’s local content journey by supporting initiatives that strengthen indigenous capacity, drive innovation, and foster sustainable growth within the oil and gas industry.

‘‘Our partnership with the Practical Nigerian Content Forum underscores our belief in collaboration as the foundation for developing a self-reliant and globally competitive energy industry.”

The Forum will convene regional policymakers, global investors, regulators, and indigenous operators to explore, as a follow-up to the Nigeria First Policy above, strategies to replicate local content implementation and capacity development across sectors.

With key discussions centred on securing investment, strengthening local content, and scaling energy production, delegates will explore how to unlock and mobilise financing for indigenous businesses, expand supplier development, and accelerate technology transfer.

By Victor Ahiuma-Young The Chemical and Non-Metallic Products Employers Federation, CANMPEF, has warned that rising production costs, multiple taxation, and foreign exchange volatility continue to threaten Nigeria’s industrial stability, even as manufacturers show resilience and innovation in adapting to the nation’s harsh economic realities. Presenting the President’s Report at the Federation’s 46th Annual General Meeting, […]

•It’ll protect, revive local production — MAN, NECA  •Local capacity still inadequate — LCCI, ASBON  By Yinka Kolawole   At the backdrop of the Federal Government’s decision to impose a 15 percent tax on imported petrol and diesel to protect local refineries, private sector operators have expressed divergent views on the implications of the policy on the economy […]