Business/Economy

Current data by Statista has put Nigeria’s services export value at $4.41 billion out of $7.1 trillion global market value as of 2022. Earnings from this sub-sector of the economy is far below pundits’...

The Apapa Command of the Nigeria Customs Service (NCS), disclosed that it collected N489.6billion from import between January 1 and March 31, 2024. In a press statement by the command’s Public Relations Officer, Usman Abubakar,...

Ethiopian Airlines Group, the largest airline group in Africa, has inaugurated its Jinka airport project, unveiling a new terminal and support facility buildings. The new state-of-the-art airport terminal is now open for service, following a...

Pololuxury, Nigeria’s foremost luxury goods company, is thrilled to unveil the Montblanc Great Characters Collection, a tribute to Muhammad Ali, the legendary boxer, sportsman and humanitarian. This exclusive collection of writing instruments celebrates the...

Nigerian airlines have identified their inability to acquire aircraft as one of the challenging factors eroding their success and profitability. Outright purchase of aircraft is difficult because of the huge funds involved and the banks...

Moniepoint, a leading Fintech company has said beyond redefining payments and technology in the payment industry, it is also providing businesses and partners with several flexible payment options that will enable them receive payments...

Africa’s leading fertilizer and agro-allied company, Notore Chemical Industries Plc, has announced that it recorded a group revenue of N21.55 billion for the Year ended 31 December 2023. In a statement, the company said it...

•Recorded total of 572 seizures  •Rice constitutes 39%, petroleum products 26% Chigozie Amadi Nigeria Customs Service (NCS), yesterday, said in the first quarter of 2024, it demonstrated remarkable performance in revenue collection, collecting a total revenue of...

Vice-President Kashim Shettima has inaugurated a technical committee to kick start the Investment in Digital and Creative Enterprises (iDICE) Programme, describing the development as the dawn of a new era in Nigeria. The iDICE Programme,...

•Advises country to tap global green financing opportunities Chigozie Amadi The Chief Economist and Vice President for Economic Governance & Knowledge Management at the African Development Bank (AfDB) Prof. Kevin Chika Urama, has reaffirmed Nigeria’s debt...