The Nigeria Customs Service (NCS) is projecting a staggering $250 billion in cumulative revenue over the next 20 years from its flagship E-Customs Modernisation Project.

Kaduna Electric Signs Strategic MoU for 100MW Solar Energy Project Kaduna Electric has taken a significant step towards enhancing electricity supply and stimulating economic development across it's franchise states comprising Sokoto, Kebbi, Zamfara, and Kaduna. In a strategic partnership with J-Marine Logistics Limited, ASI Engineering Limited,...

NGX Loses N274bn as Equities Decline   The Nigerian Exchange Limited (NGX) recorded a negative outing on Thursday as equities lost N274bn in market value, driven by widespread sell-offs in mid- and large-cap stocks. At the close of trading, the benchmark All-Share Index of the Nigerian Exchange...

MAN Seeks CBN Intervention as Forex Dispute Worsens   The Manufacturers Association of Nigeria (MAN) has decried what it described as “unwholesome treatment” of its members by some commercial banks over unmet foreign exchange forward obligations, calling on the Central Bank of Nigeria to intervene as...

Auto Dealers Lament as Sales Crash Amid 126% Price Hike   Automobile dealers have lamented the collapse of the car dealership business as the price of vehicles skyrockets by over 126 per cent in eight years, from N18m to N80m on average, crippling sales and excluding...

Again, Dangote Slashes Petrol Price Amid Import Surplus   The Dangote Petroleum Refinery has announced a fresh reduction in the pump prices of Premium Motor Spirit (petrol) across the country, as the competition in the downstream oil sector heightens. The plant announced that the new rates now...