Sixth Company to Exit Nigeria in 2024: Aarti Steel Joins Growing List

June 20, 2024

A new report from Boston Consulting Group and The Network says that nearly two-thirds of Nigerian professionals and three-quarters of...

Nigerian Customs Revenue Surges to N4.49 Trillion, Up 74% from Previous Year

June 20, 2024

According to the Nigerian Customs Service (NCS), its revenue for June 2023 to 2024 is N4.49 trillion, up 74% from...

Commissioner Blames Sellers for Inflation and Commodity Cost Surge

The Ogun State Commissioner for Statistics, Mr Michael Babatunde Ajayi, has called on the government to introduce price control measures...

President Tinubu Approves Attractive Tax Regime for Oil Block Licensing

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced an extension of the deadline for registration and submission of pre-qualification...

Jos-based Tomato Manufacturer Blames Seasonal Factors, Transport Costs for Tomato Price Surge

Contrary to reports that the main factor behind the current surge in tomato prices is "Tuta Absolute", Mira Mehta popularly...

Western Multinationals Exit Nigeria Amid Economic Struggles, Asian and Local Firms Move In

Recent reports have highlighted how US and European multinationals are withdrawing from Nigeria due to economic hardship, while Asian and...

Manufacturers Association Raises Alarm Over Safety of CEOs and Employees

The Manufacturers Association of Nigeria (MAN) has called for intensified efforts to tackle the growing kidnapping and security challenges in...

New Trade Route Established: Dangote Refinery Ships Fuel Oil to Asia

Dangote refinery is set to send a cargo of low-sulfur straight-run fuel oil (LSSR) from Nigeria to Singapore this week,...

Digital Payments Skyrocket: Online Transfer Becomes Nigeria’s Preferred Transaction Method