Nigerian Navy Seizes 63,290 Litres of Illegal Diesel in Rivers Crackdown
The Nigerian Navy has intensified its campaign against crude oil theft and illegal refining activities, intercepting approximately 63,290 litres of ...
Tag: Nigerian Economy
Haldane McCall Considers N250 Billion Capital Raise to Drive Expansion
Haldane McCall Plc is considering a capital raising programme of up to N250 billion as the real estate developer seeks ...
IMF Backs Further Electricity Reforms as Nigeria Targets Subsidy Reduction
The International Monetary Fund (IMF) has thrown its support behind Nigeria’s ongoing electricity sector reforms, urging authorities to deepen efforts ...
United Nigeria Airlines Calls for Support as Costs Squeeze Carriers
United Nigeria Airlines has called for stronger policy support and targeted interventions to help indigenous carriers navigate mounting operational challenges ...
Crude Oil Output Rises as NUPRC Targets 1.9 Million Barrels Per Day
Nigeria's crude oil production is showing signs of sustained recovery as the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) intensifies efforts ...
Oil Exports Push Nigeria’s Current Account Surplus to $4.98 Billion
Nigeria recorded a current account surplus of $4.98 billion, underscoring the pivotal role of crude oil exports in supporting the ...
Tin Can and Apapa Ports Emerge Among World’s Most Improved Container Ports
Nigeria’s maritime sector has received a major boost as the Tin Can Island Port and the Lagos Port Complex in ...
CBN Proposes New Rules for Financial Holding Companies in Nigeria
The Central Bank of Nigeria (CBN) has issued an exposure draft outlining significant revisions to the regulatory framework governing Financial ...
IMF Urges Nigeria to Expand VAT and Telecom Taxes to Boost Revenue
The International Monetary Fund (IMF) has urged Nigeria to broaden its tax base by introducing excise duties on telecommunications services ...
Used Vehicle Imports Near N250bn Despite Nigeria’s Import Crackdown
Nigeria’s importation of used vehicles continued at a substantial pace despite intensified enforcement efforts, with the value of imported vehicles ...
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Businesses That Could Disappear If Nigeria Gets 24-Hour Electricity
