Lagos, Nigeria – June 11, 2025 – The Federal Operations Unit (FOU) Zone ‘A’ of the Nigeria Customs Service has reaffirmed its resolve to intensify operations against economic saboteurs as part of ongoing efforts to protect Nigeria’s economy from the activities of smugglers and other illicit traders. In a recent operation that stretched across parts
Ibadan, Nigeria – June 11, 2025 – In a renewed drive to streamline trade logistics and ease cargo movement across the country, the Comptroller-General of the Nigeria Customs Service (NCS), Bashir Adewale Adeniyi, has embarked on a strategic inspection of the Ibadan Rail Terminal and the adjoining bonded warehouse facilities in Oyo State. The visit,
Nigeria’s total merchandise trade for the first quarter of 2025 has surged to ₦36.02 trillion, reflecting a 6.19% increase compared to the ₦33.92 trillion recorded during the same period in 2024, according to the latest data released by the National Bureau of Statistics (NBS). The figures, which signal a gradual rebound in external trade activities,
The World Bank has projected a steady and uninterrupted economic growth for Nigeria over the next three years, marking a hopeful turn in the country’s economic trajectory. According to its latest Global Economic Prospects report, the bank forecasts Nigeria’s Gross Domestic Product (GDP) to grow by 3.6% in 2025, 3.7% in 2026, and 3.8% in
The Lagos State Government has called on startups and private sector players to ramp up innovation within the agriculture ecosystem to ensure food security and promote sustainability across the value chain. The call was made by the Commissioner for Agriculture and Food Systems, Ms. Abisola Olusanya, during the maiden edition of the PricePally Impact Summit
Abuja, Nigeria – June 11, 2025 – The latest edition of The Explainer, a publication by the National Orientation Agency (NOA), has credited President Bola Ahmed Tinubu’s 2023 fuel subsidy removal policy with rescuing Nigeria from the verge of economic collapse and ushering in an era of rising government revenue, investment, and development. According to
In just ten days, Nigeria’s capital city, Abuja, will take centre stage as it welcomes heads of government, business magnates, policymakers, and innovators from across 16 West African countries for the highly anticipated West Africa Economic Summit (WAES 2025). The event is expected to chart a bold course toward regional integration, economic transformation, and collective
For those navigating the fast-paced world of digital currencies, CNBC’s Crypto World remains a vital resource, delivering daily updates and in-depth analysis from across the global crypto ecosystem. The programme continues to provide viewers with a comprehensive look at emerging regulatory frameworks, market shifts, and investment opportunities shaping the future of blockchain technology and decentralised
Abuja, June 10, 2025 – The Federal Government has announced a strategic collaboration with global and local impact investors as part of a renewed push to drive inclusive growth and economic transformation across Nigeria. This development was revealed during a high-level forum held in Abuja, where government officials, development partners, and investment experts converged to
Lagos, June 10, 2025 – In a fresh bid to position Nigeria as a global fashion powerhouse, the Lagos State Government has intensified efforts to promote Adire and other indigenous African fabrics on the world stage, reaffirming its commitment to preserving cultural heritage while expanding economic opportunities in the creative sector. Speaking during the unveiling
