By Yinka Kolawole The Lagos Chamber of Commerce and Industry (LCCI) has welcomed President Bola Tinubu’s commitment to bringing moribund factories back to life, describing industrial revival as critical to creating jobs, boosting productivity and delivering broad-based prosperity. In a statement reacting to the President’s speech on Nigeria’s 66th Independence anniversary, LCCI President, Engr. Leye […]

The Raw Materials Research and Development Council, RMRDC, has projected that the proposed 30 per cent mandatory value addition to Nigerian raw materials before export could generate more than 1.2 million skilled jobs within five years. The council said the proposed measure would also promote import substitution, conserve foreign exchange and strengthen local manufacturing. Director-General […]

The Nigeria Customs Service, NCS has announced the deployment of a Simplified Baggage Import Declaration System at the Seme Area Command. This marks a new phase in its drive for digital innovation, trade facilitation, and improved passenger clearance processes. The initiative is designed to streamline baggage declaration, reduce clearance time, and enhance transparency for legitimate […]

The Free Zone Command of the Nigeria Customs Service generated a record N557.02 billion in revenue between January and August 2026, underscoring the growing economic significance of the Free Zone corridor and the Command’s contribution to revenue mobilisation. Speaking at the handover ceremony held at the Zone yesterday, the retiring Area Controller of Customs, Hauwa […]

By Yinka Kolawole As Nigeria marks its 66th independence anniversary, Nigeria’s organised private sector (OPS) has challenged the Federal Government to turn recent macroeconomic gains into measurable improvements in productivity, business competitiveness, jobs, household purchasing power, warning that stabilisation will have limited impact unless it lowers the cost of producing and living in Nigeria. In […]