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News
NCS says women dominate informal border trade
9+ hour, 7+ min ago (526+ words) The Comptroller-General of the Nigeria Customs Service, Adewale Adeniyi, on Friday disclosed that 22 per cent of the Republic of Benin’s informal exports are destined for Nigeria. He also said women constitute about 70 per cent of informal cross-border trade. Adeniyi disclosed…...
Stockbrokers offer safer route to Dangote IPO — Ex-CIS boss
2+ hour, 13+ min ago (565+ words) A former President of the Chartered Institute of Stockbrokers, Olatunde Amolegbe, has advised Nigerians seeking to participate in the N2.15tn Dangote Petroleum Refinery initial public offering to consider investing through licensed stockbrokers, citing access to professional advice, portfolio management and support…...
Refinery shares may hit N10,000 — Dangote
19+ hour, 11+ min ago (687+ words) FILE: President of Dangote Group, Aliko Dangote President of Dangote Industries Limited, Aliko Dangote, has said shares of the Dangote Petroleum Refinery, currently offered at N525, could rise to N10,000 in the future. Dangote also assured small-scale investors seeking to participate in…...
Transport unions endorse FG’s 500 CNG stations plan
12+ hour, 15+ min ago (423+ words) Road transport unions have welcomed the Federal Government’s plan to establish 500 Compressed Natural Gas filling stations across the country, saying the initiative will reduce transportation costs and ease inflation if properly implemented. Speaking on the development, the Deputy President of…...
Inside the partnerships building Nigeria’s business giants
8+ hour, 53+ min ago (1194+ words) VERA ALKALI takes a look at some of Nigeria’s most successful business partnerships, exploring how friends, colleagues and visionaries joined forces to build companies that became household names and powerful business empires Babs Ogundeyi and Musty Mustapha Babs Ogundeyi and…...
Kizz Daniel’s brother embraces agriculture
11+ hour, 55+ min ago (244+ words) Entrepreneur and creative executive, Mofoluwato Anidugbe, has ventured into agriculture with the launch of Daily Food Farms, a managed agricultural platform designed to make land ownership and food production more accessible to professionals and individuals. Anidugbe, who serves as Vice…...
China supplies 39% of Nigeria’s N28tn imports
2+ day, 10+ hour ago (1481+ words) Nigeria imported goods worth N11.01 trillion from China in the first half of 2026, accounting for nearly 40 per cent of the country’s total imports, amid growing concerns by the National Agency for Food and Drug Administration and Control over Chinese-linked counterfeit networks....
Analysts: Trade surplus to narrow as oil prices moderate
2+ day, 11+ hour ago (382+ words) Nigeria’s record merchandise trade surplus is expected to narrow over the second half of 2026 as global crude oil prices pull back from their recent peaks, according to economic analysts at Coronation Asset Management. This was contained in the firm’s Q2 2026 Trade…...
Africa's market: LBS, Mondelēz urge investment in people
2+ day, 10+ hour ago (547+ words) The Business Unit President, Sub-Saharan Africa, Mondelēz International, Hisham Ezz El Arab. The Business Unit President, Sub-Saharan Africa, Mondelēz International, Hisham Ezz El Arab, has urged Nigeria and other African countries to invest in their people and create the right…...
Lagos records 92% rise in individual tax filings
2+ day, 10+ hour ago (631+ words) Lagos State recorded a 92 per cent increase in individual statutory annual tax filings between 2025 and 2026, while corporate filings rose by 11 per cent, the Lagos State Internal Revenue Service has said. The LIRS disclosed this on Thursday at the third edition…...