Nigeria’s engagement with cryptocurrency has always been layered with complexity, yet its importance has never been in doubt. As digital finance accelerates globally and local economies adjust to new financial realities, the decision to formally integrate digital assets into Nigeria’s taxation system represents one of the most impactful policy shifts within the country’s fintech landscape. […]
Nigeria recorded a significant rise in crude oil imports from the United States in 2025, with total purchases reaching 42.13 million barrels within the first ten months of the year. This data was released by the United States Energy Information Administration (EIA) and highlights a notable shift in Nigeria’s crude oil sourcing strategy. When compared […]
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The Nigerian Ports Authority (NPA) has officially disclosed that a total of 14 vessels have arrived at Lagos ports, where they are presently positioned and awaiting clearance to berth and offload their cargo. According to details contained in the Shipping Position bulletin issued by the authority on Friday, the vessels are distributed across key maritime […]
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Dangote Cement Plc has once again demonstrated its commitment to strengthening partnerships across its distribution network by rewarding its top-performing distributors and loyal customers with incentives valued at ₦15 billion. The recognition was announced during the 2026 Dangote Cement Distributors’ Awards Night, which took place in Lagos. The event brought together key distributors from across […]
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Canada and China are embarking on a significant strategic partnership that could deliver “historic” economic and political advantages for both nations, Canadian Prime Minister Mark Carney announced during his meeting with Chinese President Xi Jinping on Friday. Carney is the first Canadian leader to visit China since 2017, and his trip is seen as a […]
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The International Labour Organisation (ILO) has issued a strong warning that global employment recovery remains fragile, as an estimated 186 million people worldwide may still be without jobs by 2026, despite signs of economic resilience. In its Employment and Social Trends 2026 report released recently, the ILO explained that while global employment figures appear stable […]
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The Lagos State Government has announced plans to introduce electric-powered boats into its public water transport system before the end of the year, marking a major shift toward affordable and sustainable commuting across the state. This development will see electric vessels added to the existing fleet operated by Lagos Ferry Services (LAGFERRY), with the primary […]
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Nigeria’s Federation Account Allocation Committee (FAAC) recorded its largest quarterly revenue distribution in the third quarter of 2025, with total disbursements climbing to ₦6 trillion, reflecting a sharp increase in shared income across the federation. However, the record inflow also raises concerns over fiscal sustainability as crude oil prices soften and production levels decline ahead […]
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China has announced that its total trade activities reached an unprecedented level in 2025, even as shipments to the United States weakened following increased tariffs imposed by former U.S. President Donald Trump. Speaking at a press briefing in Beijing on Wednesday, China’s Vice Minister of Customs, Wang Jun, disclosed that the country’s overall trade value […]
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The Nigerian Ports Authority (NPA) has officially announced that 32 vessels carrying a mix of petroleum products, food items, and other essential cargoes are expected to dock at Lagos ports between January 12 and January 30, 2026. This update comes from the NPA’s Daily Shipping Position released on Monday. According to the authority, the incoming […]
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The ongoing competition in Nigeria’s downstream petroleum sector has taken a new turn, with several fuel retail outlets now selling Premium Motor Spirit (PMS) at prices below the N739 per litre benchmark set by the Dangote Petroleum Refinery. Findings by LMSINT MEDIA reveal that the aggressive pricing battle has deepened following Dangote Refinery’s earlier decision […]
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In just a few extraordinary years, Prateek Suri, widely recognized as Africa’s youngest billionaire and the wealthiest Indian entrepreneur operating on the continent, has begun to quietly reshape how global capital evaluates Africa. His recent spike in wealth—driven by successful asset clearances and the resolution of complex, high-value transactions—has drawn the attention of international investors […]
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The N-Power Programme remains one of Nigeria’s most impactful social investment initiatives, designed to empower young Nigerians with job opportunities, skills acquisition, and monthly stipends. If you have ever wondered how to successfully apply for N-Power without mistakes, this detailed guide will walk you through everything — clearly, practically, and confidently. Whether you are a graduate or non-graduate, this […]
