Nigeria primed to be Africa’s industrial powerhouse— Ex-UNIDO DG
IPO: Dangote Petroleum Refinery extends offer period by two weeks
FIRS extends deadline for transition to e-invoicing by 3mths
States have received N7.1trn under current administration — Edun
Cyber attack hits Customs, disrupts cargo clearance
NAICOM to withdraw insurance licenses over capitalization status
Excise duty on SSBs impacting economy negatively – CIFIAN
FG eyes 10m tonnes liquid steel production by 2030 — Tinubu
Fuel consumption dropped 16% to 1.44bn litres in June — NMDPRA
FIRS partners Customs to drive National Single Window project
Nigeria’s oil output rises to 1.559m bpd, highest in 2025

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Pension fund investment in real estate balloons by 418% to N77.8bn
By Peter Egwuatu Pension Fund’s investment in Real Estate Investment Trusts, REITs, increased astronomically to N77.8 billion in the first half of 2025, H1’25. This is massive 417.8 percent jump from N15.028 billion recorded in the same period of 2024, HI’24, a reflection of improved interest in the trust. Meanwhile, direct investments of pension funds by […]
POWER: TCN spends N88bn on vandalized infrastructure
By Mariam Eko The Transmission Company of Nigeria, TCN, said it has expended over N88 billion on repairs of vandalised infrastructure from 2021 to date nationwide. Speaking at the public sensitization on the ills of vandalism of TCN infrastructure at the Odogunyan 132Kv Transmission Substation in Ikorodu, TCN’s Principal Manager, Lines, Engr. Seyi Onabajo, noted that […]
SUGAR: FG’s plan for self sufficiency fails again
…As importation rises 328% to N2.2trn •Sugarcane farmers lament neglect, access to sugar refiners By Babajide Komolafe, Economy Editor, Gabriel Ewepu and John Alechenu Reflecting the gross under-performance of the sugar sector after over 15 years efforts towards self-sufficiency through local production, Nigeria’s importation of sugar and sugarcane rose sharply by 328 per cent in five […]
Insurance Act, earnings results spur stock market to 3.2% gain
By Peter Egwuatu The newly enacted Insurance Industry Act, improved corporate earnings for the second quarter of the year, Q2’25, and some macro economics development have greatly impacted the stock market, as the major index of the market rose Week on Week, WoW, by 3.2%. Specifically, the Nigerian Exchange Limited, NGX, All Share Index, ASI, closed […]
Nigeria’s non-oil exports hit $3.225bn in half-year 2025 – NEPC DG
The Nigerian Export Promotion Council (NEPC) has announced that the country’s non-oil exported products in the first half of 2025 were valued at $3.225 billion.

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