Trade has always been one of the strongest indicators of a nation's economic health, and few institutions influence that process as directly as the Nigeria Customs Service (NCS).

Business confidence among Nigerian firms weakened in June 2026, as rising operational costs and macroeconomic pressures weighed on sentiment, according to the Central Bank of Nigeria’s Business Expectations Survey (BES).

The Federal Government has inaugurated a Ministerial Advisory Committee to strengthen economic policymaking, improve coordination, and accelerate fiscal and economic reforms.

The Bank of Industry (BoI) has launched an €85 million financing facility to boost Nigeria’s cocoa processing industry, reduce reliance on raw bean exports, and strengthen value addition across the cocoa value chain.

Independent petroleum marketers and energy experts have rejected the Dangote Petroleum Refinery’s decision to sell fuel in US dollars, warning that it could worsen Nigeria’s foreign exchange pressures and destabilise the downstream sector.

The House of Representatives Public Accounts Committee has intensified its probe into unpaid government revenues, directing the Office of the Accountant-General of the Federation (OAGF) to provide detailed records.