Private Sector Accounts For 91% Financial Flow Into Nigeria - Pantami   The Minister for Communication and Digital Economy, Isah Ali Pantami, said yesterday that the private sector controls about 91 per cent of financial flow into the country. The minister spoke...

Tin-Can Customs Processes N56bn Export Goods In Q1, 2022   The Tin-Can Island Command of the Nigeria Customs Service (NCS) processed export goods with a N56.2 billion Free on Board (FoB) value in the first quarter of 2022. The goods weighed 71...

Maritime Lawyers Oppose 15% Imported Vehicle Levy   As the controversy surrounding the introduction of 15 per cent National Automobile Council levy on imported vehicles lingers, some maritime lawyers have demanded court intervention as a way of resolving the matter. The Nigeria...

BOI Grows Profit By 75% To N62bn In 2021   The Bank of Industry (BOI) Group has reported a profit before tax of N62.28 billion for the financial year ended December 31, 2021; 75 per cent higher than the 2020 profit...

IMF Raises It's Forecast For Nigeria's Economic Growth To 3.4%   The International Monetary Fund (IMF) has raised its forecast for Nigeria’s economic growth in 2022 to 3.4 per cent, citing increase in crude oil prices. However, the IMF reduced its projection...

Cut In Russian Output Widens OPEC+ Supply Gap In March   The Organisation of Petroleum Exporting (OPEC+) produced 1.45 million barrels per day (bpd) below its production targets in March, a Reuters report has shown. The reduction in output was mostly on...