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NCAA Approves Ogun Airport for Commercial Operations

The Nigeria Civil Aviation Authority (NCAA) has confirmed that it has granted a commercial operational licence to the Gateway International Agro-Cargo Airport in Ogun State, officially signaling the commencement of commercial activities at the facility.

RMAFC Begins Revenue-Sharing Formula Review

The Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) on Monday announced the commencement of the process for review of the Revenue Allocation Formula (RAF) between the federal, states, and local governments.

Nigeria’s Oil Production 7,000bpd Above OPEC Quota

According to a report by the Organisation of the Petroleum Exporting Countries (OPEC), Nigeria’s average daily crude production rose to 1,507,000 barrels per day in July,

UBA, BoI Launch N5bn Facility for Female Entrepreneurs

United Bank for Africa Plc has secured a N5bn loan facility from the Bank of Industry to boost key sectors of the economy and support the growth of sustainable and viable businesses in Nigeria, with a primary focus on micro, small, and medium enterprises owned by women.

Nigeria, Brazil to Sign MoU on Direct Flight

The Federal Republic of Nigeria is set to sign a Memorandum of Understanding (MoU) with the Federative Republic of Brazil on a Bilateral Air Service Agreement (BASA) to unlock direct flights.

Customs and the “National Single Window” Project, By Abdulsalam Mahmud

Customs and the "National Single Window" Project By Abdulsalam Mahmud For decades, Nigeria’s trade corridors have been choked by the heavy hand of bureaucracy. Traders groan under the weight of multiple agencies, endless paperwork and clearance delays that cost the economy billions. Ships spend days idling at...