Chemical Engineers seek private control of moribund refineries
By Providence Ayanfeoluwa The Nigerian Society of Chemical Engineers (NSChE) has called on the Federal Government to adopt a transparent, competitive and time-bound privatisation process for Nigeria’s moribund state-owned refineries, with majority private ownership and professional management. The society’s National President, Engr. Bayo Olarewaju-Alo, made the call at a press conference titled, “Nigeria’s Moribund Refineries […]
Apapa Customs targets 200 containers hourly scan to facilitate trade, cargo clearance
By Godwin Oritse Comptroller Oluwadare Oshoba, Customs Area Controller of the Apapa Port Command, has called on port users and stakeholders to prepare for a more seamless trade process as the Nigerian Customs Service advances its modernisation project with the commencement of fixed scanner installations. With the installation of fixed scanners now underway at Apapa Port, […]
Nigeria’s GDP records 4.23 % growth in Q2’25
•As non-oil sector contributes 95% By Elizabeth Adegbesan The National Bureau of Statistics, NBS, yesterday, said Nigeria recorded 4.23 percent Gross Domestic Product (GDP) growth in the second quarter of 2025 (Q2’25) from 3.13 per cent in first quarter,Q1’25. This represents a 1.1 percentage point quarter-on-quarter (QoQ) increase. In the GDP report for Q2’25, NBS said: “Following the […]
FAAC: NUPRC records N459.6bn revenue shortfall despite 3% rise in monthly remittance
By Obas Esiedesa, Abuja The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reported a revenue shortfall of N459.6 billion against its August 2025 budgetary target of N1.2 trillion, after remitting N745 billion to the Federation Account. In its report to the Federation Accounts Allocation Committee (FAAC) for September 2025, the Commission disclosed that its revenue collection […]
Globacom unveils TalkMasta, Welcome Bonus to enhance subscribers’ experience
The new products are part of Globacom’s commitment to enhancing communication experience and delivering value far beyond customers’ expectations.
African manufacturers seek extension of US trade programme
Manufacturers in some parts of Africa are lobbying the US Congress to grant a last-ditch extension of one to two years to a duty-free trade programme, the African Growth and Opportunities Act (AGOA), which is due to expire at the end of September, Reuters has gathered. US President Donald Trump’s aggressive tariff policies have cast doubt […]
