Manufacturers urge CBN to raise special window allocation to SMEs to $100,000

The Chairman, Manufacturers Association of Nigeria (MAN) in Ogun, Wale Adegbite, has advised the Central Bank…

Global economic recovery gaining momentum – IMF

International Monetary Fund (IMF) Managing Director Christine Lagarde said on Wednesday global economic recovery was gaining…

NNPC reduces trade deficit by 16%

The Nigeria National Petroleum Corporation (NNPC) has reduced its trading deficit to ₦14.26 billion by January…

Smuggling has wreaked havoc on Nigeria’s economy- Customs

The Nigerian Customs Service (NCS) has bemoaned the incessant activities of smugglers across the nation’s borders;…

Why Nigeria experienced N290bn trade deficit in 2016 – NESG

The Nigerian Economic Summit Group (NESG), yesterday, gave an insight into why Nigeria experienced trade deficit of…

Pipeline vandalism up by 233%, says NNPC

The rate of pipeline vandalism in the country increased by 233 per cent in January this…

Customs officer allegedly rapes, videotapes online friend

A Customs officer, identified simply as Samuel, has been arrested by the Lagos State Police Command…

Nigeria loses N9bn revenue annually to illegal fish importation

The Association of Indigenous Sea Food Stakeholders says the country loses N9bn revenue annually to illegal…

Work on Lagos-Ibadan rail begins April 14

The Nigeria Railway Corporation (NRC) says that the construction of the Lagos-Ibadan standard gauge rail would…

Lagos Airport for certification April ending – NCAA DG

Barring any unforeseen circumstance, the Murtala Mohammed International Airport (MMIA) would be certified at the end…

OPEC figures show oil output cuts exceed pledge in March – sources

OPEC states cut oil output in March by more than they pledged under supply curbs, according…

$17bn stolen crude: FG prepares criminal charge against IOCs, says AGF

The Federal Government is considering the option of filing criminal charges against International Oil Companies (IOCs)…