Business

Drug trafficking through ports threatens Nigeria’s trade reputation, economy — Report

Drug trafficking through ports threatens Nigeria’s trade reputation, economy — Report

By Providence Ayanfeoluwa Nigeria’s growing exposure to drug trafficking through its seaports is posing a serious threat to the country’s international trade reputation, economic competitiveness and investment prospects, the Sea Empowerment & Research Center (SEREC) has warned. In its July 2026 Policy Bulletin released yesterday, SEREC said the persistent use of Nigerian seaports as transit routes […]
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Minister lauds WAMCO on first Dairy Farmers’ Day

Minister lauds WAMCO on first Dairy Farmers’ Day

The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, has applauded the efforts of FrieslandCampina WAMCO, makers of Peak and Three Crowns Milk, in creating and successfully hosting Nigeria’s first Dairy Farmers’ Day programme.

We will expand transformers’ capacity by 1,000mw before Jan 31 – TCN

We will expand transformers’ capacity by 1,000mw before Jan 31 – TCN

GREEN Energy International Limited, operator of the Otakikpo marginal field in Oil Mining Lease, OML, 11, has undertaken a medical outreach in its host communities in Andoni Local Government in Rivers States as part of its critical programme to improve the socio economic well-being of the communities.

Nigeria spends N2.07trn on fuel import in 9 months

Nigeria spends N2.07trn on fuel import in 9 months

NIGERIA spent N2.068 trillion on the importation of petroleum products within a nine-month period, from January to September 2017, rising by 14.32 per cent from N1.809 trillion recorded in the same period in 2016.