BUSINESS
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National Single Window Set for March 27 Launch as Presidency Mobilises Agencies
The National Single Window project has been under development for nearly two years and aims to simplify trade documentation and…
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CBN Adds $3.5bn LBMA-Standard Nigerian Gold to Reserves in Major Diversification Push
The Central Bank of Nigeria has significantly expanded its reserve diversification strategy after taking delivery of locally sourced gold refined…
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Afreximbank Leads Africa’s Loan Market with 23% Share in Bloomberg Rankings
According to the 2025 Bloomberg Africa Borrower Loans League Tables, Afreximbank ranked Number One Mandated Lead Arranger and Bookrunner, underscoring…
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Tinubu Halts FAAN Cashless Payment System After Gridlock Complaints
President Bola Ahmed Tinubu has directed the suspension of the newly introduced cashless payment system at airport toll gates across…
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Nigeria’s Ports Record 24.8% Cargo Growth as Throughput Hits 129.3m Tonnes
According to the 2025 Operational Performance Report released by the Nigerian Ports Authority (NPA), cargo volumes increased 24.8 percent, up…
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Nigeria Bans Cash Tax Collection, Roadblocks as New Tax Laws Take Effect
Nigeria has moved decisively to overhaul its tax administration system as the Federal Government announced a nationwide ban on cash…
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Cement Giants Post ₦1.64trn Profit as Nigerians Demand Lower Prices
Together, the three cement companies generated combined profits of approximately ₦1.64 trillion, highlighting the cement sector’s central role in Nigeria’s…
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Tinubu Appoints Taiwo Oyedele as Minister of State for Finance to Drive Fiscal Reforms
President Bola Ahmed Tinubu has nominated Taiwo Oyedele as Minister of State for Finance, marking a significant recalibration of Nigeria’s…
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Nigeria’s Net FX Reserves Jump 772% to $34.8bn – Cardoso
Nigeria’s external balance sheet has undergone one of its most dramatic recalibrations in recent history. The Central Bank of Nigeria…
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Iran Declares Strait of Hormuz Closed: Global Energy Shockwaves Begin
Iran’s declaration that the Strait is closed — accompanied by warnings that it will fire on vessels attempting passage —…
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