Importers and freight stakeholders have raised alarm over arbitrary charges at Nigerian seaports, warning that the practice is driving up costs and undermining competitiveness in the maritime sector.
A total of N1.894 trillion, representing the February 2026 Federation Account revenue, has been shared among the Federal Government, state governments and local government councils
Saudi Arabia recorded point-of-sale (POS) transactions worth $4.3 billion in the week ending March 7, reflecting strong consumer spending across key sectors despite regional geopolitical tensions.
President Bola Ahmed Tinubu has approved the creation of a Presidential Petroleum Reform and Value Optimisation Task Force to design the next phase of structural reforms in Nigeria’s petroleum sector.
The Federation Account Allocation Committee (FAAC) received 100 percent of profit oil from Production Sharing Contracts (PSCs) remitted by the Nigerian National Petroleum Company Limited (NNPC Ltd).
President Bola Ahmed Tinubu has nominated Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria (CBN), subject to confirmation by the Senate.
