Trump Vows Naval Protection for Energy Shipments in Strait of Hormuz
U.S. President Donald Trump has pledged decisive action to safeguard maritime trade in the strategically vital Strait of Hormuz. During…
Alibaba plans to invest $1.5 million in African startups
Alibaba Philanthropy and the Jack Ma Foundation have unveiled a $1.5 million grant initiative aimed at empowering African innovators tackling…
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33 Ships Transporting Fuel and Essential Commodities Expected at Lagos Ports
The Nigerian Ports Authority (NPA) has disclosed that no fewer than 33 vessels loaded with petroleum products, food items, and…
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NPA Confirms Arrival of Eight Vessels at Lagos Ports, 28 More Expected
The Nigerian Ports Authority (NPA) has confirmed the arrival of eight cargo vessels at major Lagos seaports, including Lekki Port,…
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Businesses Face Very High Cost of Credit as Lending Rates Climb to 46%
Companies across major sectors of the Nigerian economy are currently contending with extremely high borrowing costs as banks have increased…
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Nigerian Industrial Policy: FG Targets 25% Manufacturing Contribution to GDP by 2030
Nigeria is taking a decisive step toward industrial growth and economic diversification with the unveiling of the Nigerian Industrial Policy…
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Global Markets on High Alert as Europe Suspends Approval of US Trade Deal
Financial markets worldwide are on edge following reports that the European Parliament plans to suspend approval of the US trade…
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Abiodun Unveils Wole Soyinka Train Station Road, Plans 20 New Roads Ahead of Ogun’s 50th Anniversary
Ogun State Governor, Dapo Abiodun, on Tuesday officially unveiled the Laderin–Professor Wole Soyinka Train Station Road in Abeokuta, the state…
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Sanwo-Olu Hosts AIM Congress DG, Pushes for Increased Foreign Investment in Lagos
Lagos State Governor, Mr. Babajide Sanwo-Olu, on Monday received the Director-General of the Annual Investment Meeting (AIM) Congress, Mr. Walid…
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Nigeria’s U.S. Crude Oil Imports Climb to Over 42 Million Barrels in Ten Months
Nigeria’s importation of crude oil from the United States recorded a sharp increase within the first ten months of 2025,…
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New Cryptocurrency Tax Regime in Nigeria
Nigeria’s engagement with cryptocurrency has always been layered with complexity, yet its importance has never been in doubt. As digital…
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Nigeria’s Crude Oil Imports from US Jump to 42 Million Barrels in 2025
Nigeria recorded a significant rise in crude oil imports from the United States in 2025, with total purchases reaching 42.13…
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14 Ships Carrying Petrol, Diesel, Fresh Fish Await Berthing at Lagos Ports – NPA
The Nigerian Ports Authority (NPA) has officially disclosed that a total of 14 vessels have arrived at Lagos ports, where…
