The Nigeria Customs Service (NCS) has successfully dismantled a major smuggling network operating across the Ogun and Ondo State borders,…
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Dangote Ships First Petrol Export to U.S., Marking Major Milestone
In a landmark achievement for Nigeria’s energy industry, the Dangote Petroleum Refinery has exported its first cargo of refined petrol…
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CBN to Float New OMO Bills Ahead of ₦784bn Liquidity Surge
The Central Bank of Nigeria (CBN) has announced plans to issue a fresh round of Open Market Operations (OMO) bills…
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Providus Bank Merges with Unity Bank, Shareholders to Receive ₦3.18 Per Share
In a landmark deal reshaping Nigeria’s financial sector, Providus Bank has officially merged with Unity Bank Plc, with the terms…
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Global Oil Prices Climb to $67.37 Amid Supply Tightening and Market Optimism
Crude oil prices surged to $67.37 per barrel on Tuesday, marking a notable increase driven by renewed market optimism, tighter…
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Expired Drugs Worth ₦3.7 Billion Seized by Customs Handed Over to NAFDAC in Lagos
The Nigeria Customs Service (NCS) has officially handed over a massive consignment of expired pharmaceutical products valued at ₦3.7 billion…
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Nigeria’s Cocoa Export Revenue Hits ₦1.23 Trillion in Q1, Marking Record Surge
Nigeria’s cocoa industry recorded a major milestone in the first quarter of 2025, with exports soaring to a record ₦1.23…
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13% Derivation Fund Cuts Oil-Producing States’ Debt by ₦611bn
Oil-producing states in Nigeria have reduced their combined debt burden by ₦611 billion, thanks to inflows from the 13% derivation…
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Apapa Customs Boosts Revenue by ₦161bn with ‘B’Odogwu’ Automation System
The Apapa Area Command of the Nigeria Customs Service has recorded an impressive ₦161 billion revenue growth, crediting the surge…
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Nigeria’s Crude Oil Output Surges to Six-Month High in July
Nigeria’s crude oil production rose to its highest level in six months in July, signaling a modest recovery for Africa’s…
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