By Seun Ibiyemi The Federal Government on Tuesday launched the first phase of the National Single Window (NSW), a digital platform designed to streamline international trade processes and tackle the persistent congestion burden on Nigerian businesses. The initiative was unveiled by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, as part…
By Seun Ibiyemi The Nigerian naira traded with relative stability on Tuesday, amid continued fluctuations in the foreign exchange market, reflecting cautious optimism driven by improving liquidity and market reforms. Latest data from market trackers indicate that the naira hovered around the ₦1,360–₦1,370 range against the United States dollar in the official Nigerian Foreign Exchange…
By Seun Ibiyemi The Group Chief Executive Officer of NNPC Limited, Engr. Bashir Bayo Ojulari, has outlined a pragmatic roadmap for Nigeria’s energy future, stressing that the country’s success will depend on disciplined execution, strategic partnerships, and clear value delivery. Ojulari made the remarks on the opening day of CERAWeek 2026, widely regarded as the…
By Seun Ibiyemi The Centre for the Promotion of Private Enterprise (CPPE) has rejected calls for additional taxation on sugar-sweetened beverages (SSBs), describing the proposal as ill-timed and potentially harmful to Nigeria’s fragile economic recovery. In a policy brief released on Tuesday, the CPPE faulted the recommendation by the Corporate Accountability and Public Participation Africa…
By Seun Ibiyemi The Nigerian Independent System Operator (NISO) has clarified that electricity generated in the country has been consistently dispatched and fairly distributed to all Electricity Distribution Companies (DisCos), despite recent supply challenges. In a statement issued on Monday in Abuja, the system operator dismissed claims that any DisCo was allocated zero megawatts of…
By Seun Ibiyemi The Nigerian equities market began the trading week on a bearish note on Monday, shedding N1.375 trillion in market capitalisation amid widespread profit-taking by investors. At the close of trading, market capitalisation declined by 1.07 per cent to N127.750 trillion, down from N129.125 trillion recorded at the previous session. Similarly, the All-Share…
By Adeyemi David The Independent Corrupt Practices and Other Related Offences Commission (ICPC) is set to arraign former Kaduna State governor, Nasir El-Rufai, before the Federal High Court sitting in Kaduna on Tuesday over alleged corruption-related offences. The ICPC spokesperson, John Odey, disclosed this in a statement issued on Monday in Abuja. According to Odey,…
By Seun Ibiyemi The naira, recorded a relatively stable performance at the start of trading on Monday, maintaining its position against major global currencies despite ongoing market pressures. At the official Nigerian Foreign Exchange Market (NFEM), the naira traded at approximately ₦1,356.74 to the United States dollar, reflecting a steady trend seen in recent sessions….
By Seun Ibiyemi Africa’s foremost industrialist, Aliko Dangote, has cautioned that escalating tensions in the Middle East and the resulting volatility in global oil markets could have severe economic consequences for Nigeria and other African countries. Dangote gave the warning on Monday in Lagos after a courtesy visit and Eid-el-Fitr homage to President Bola Tinubu….
By Seun Ibiyemi The Director-General of the Nigeria Civil Aviation Authority (NCAA), Chris Najomo, has emphasised the importance of strong working relationships, effective communication, and dialogue among aviation stakeholders to address labour-related challenges in the sector. Najomo made the call on Monday during a workshop on Industrial Relations and Negotiation Skills held in Lagos. The…
