Hafsat Ibrahim

Seme Customs Generate ₦9.8bn in Two Months

The Seme Area Command of the Nigeria Customs Service (NCS) has generated ₦9.798 billion in revenue between March and May 2026, marking a sharp increase compared to the ₦2.188 billion collected in the same period of 2025.

Agriculture, Telecoms Lead Economic Expansion in 2026, NBS Reveals

Nigeria’s economy grew by 3.89% in real terms in Q1 2026, according to the National Bureau of Statistics (NBS), with expansion driven mainly by agriculture, telecommunications, financial services, construction, and trade.

Investor Confidence Lifts NGX by ₦906bn

The Nigerian Exchange (NGX) opened the week on a bullish note as investor confidence lifted equities by 0.57%, driven by gains in Airtel Africa Plc and 34 other stocks.

CBN’s Money Crisis and Cardoso’ Magic, by Zekeri Idakwo Laruba

For much of the period following the appointment of Olayemi Cardoso, Nigeria’s foreign exchange market faced more than a liquidity shortage.

SMEs Boost Nigeria’s GDP With $2bn Social Media-Based Sales – Report

Nigeria’s small and medium enterprises (SMEs) have contributed $2 billion to the country’s gross domestic product (GDP) through social media-based sales, according to a new report by independent research firm Public First.

NNPC Signs MoU With Chinese Firms for Refinery Equity Partnership

The Nigerian National Petroleum Company Limited (NNPC) is considering an NLNG-style equity partnership that could hand Chinese investors a majority stake of about 51 per cent in the Port Harcourt and Warri refineries, as part of a broader plan to rehabilitate and commercially reposition the facilities.
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