Peak Milk's 2025 Christmas Campaign Brings Joy Nationwide
Peak Milk's 2025 'Enjoy Christmas At Its Peak' campaign spreads festive cheer across Nigeria with activations in Lagos, PH, Abuja & more from Dec 1-26. Join the celebration!
Category : Business
Massive Turnout for Nigeria's 50% Yuletide Train Discount
Nigerian Railway Corporation's 50% festive fare discount triggers heavy passenger traffic on major routes like Lagos-Ibadan and Abuja-Kaduna. The initiative runs from Dec 23 to Jan 4 to ease holiday travel costs.
Indomie Nigeria Denies NAFDAC Alert on Local Products
Indomie Nigeria clarifies that a NAFDAC safety alert concerns a product recalled in France, not sold in Nigeria. The company assures all locally made noodles are safe. Read the full statement.
Nigeria's Endless Wait for Quality Telecom Experience in 2025
Despite a 50% tariff hike in January 2025, Nigerian telecom subscribers face dropped calls & slow internet. Explore the causes & economic impact of the persistent poor Quality of Experience (QoE).
LCCI Chief: Manufacturing, Not Oil, Key to Nigeria's Growth
New LCCI President Leye Kupoluyi outlines a blueprint for Nigeria's industrialisation, emphasising youth empowerment, AfCFTA benefits, and urgent reforms in power and regulation to revive manufacturing.
Investor Fatigue, $14bn Gap Stall Nigeria's Deep-Seaports
Nigeria's ambition to become West Africa's maritime hub is faltering as seven deep-seaport projects stall, needing $14bn. Lekki Port operates at just 20% capacity. Experts urge policy review and a 'Prioritisation Matrix'.
Glo's Christmas Message: A Call for Peace and Sacrifice
Globacom extends festive greetings, urging Nigerians to reflect on Christ's teachings of love, sacrifice, and compassion. The telco calls for peace and care for one another during the season. Read more.
Maritime Drug Smuggling Threatens Nigeria's Ports
A new report reveals criminal gangs are using 'legitimate' forwarding businesses to move drugs via commercial vessels. SEREC calls for urgent tech and institutional reforms to secure Nigeria's ports and supply chains. Read more.
APM Terminals, BMS Sign Deal to Enhance Lagos Port Operations
APM Terminals and Barging Marine Solutions sign exclusive lease to expand Apapa port services, aiming to ease congestion and boost trade capacity. Read the full story.
Investors Gain N579bn as NGX Santa Rally Continues
The Nigerian stock market surged again, adding N579 billion to investor wealth. The All-Share Index rose 0.59% to 153,354.14 points. Discover the top gainers and trading activity.
Ecobank, Bank of China Partner to Strengthen Financial Ties
Ecobank Group and Bank of China sign MoU to enhance trade, payments, and RMB services between Africa and China, building on a partnership started in 2010. Read more.
Seafarers Seek Tax Clarity Ahead of 2026 Regime
Nigerian maritime stakeholders call for tax exemptions and clear guidelines for seafarers before the 2026 tax reform. They warn the new regime could unfairly burden this vital workforce.
Consulting Firm's CSR Reaches Apapa Community
ECOVIS OUC Chartered Accountants supports Apapa with festive rice and cash gifts. Read how this CSR initiative aids vulnerable households during economic pressure.
Nigeria Aims to Resume Oil Production in Ogoniland
The Nigerian government is pushing to resume crude oil production in Ogoniland, Rivers State, marking a major shift in a long-standing dispute. Read about the new peace efforts and economic implications.
Chappal Energies gets $430m financing for oil assets
Chappal Energies secures a $430 million reserve-based lending package to refinance its acquisition of Equinor's Nigerian assets and fund development. This deal highlights investor confidence in well-structured African upstream projects despite tight capit
How Strategy Cleared Mile 2-Tin Can Port Gridlock
Former Tin Can Island Port Manager, Sylvester Egede, details the non-coercive strategy that ended the notorious Mile 2 port corridor traffic. Learn the key lessons for solving national problems. Read more.
Nigeria's Oil Revenue Falls 64% Short of Target in Q1 2025
The Federal Government's Q1 2025 budget report reveals a massive N8.21 trillion shortfall in oil revenue and a N3.04 trillion fiscal deficit. Discover the key figures and causes behind this critical shortfall.
Why Africa's Downstream Sector is the Next Big Investment
Africa's downstream oil sector needs over $100bn investment by 2050. Discover how ARDA is tackling regulatory & infrastructure gaps to unlock this massive opportunity for global investors.
Key Factors for Nigeria's Manufacturing Revival Identified
Sector analysts at an LBS event pinpoint macroeconomic shifts, market dynamics, and policy as critical for Nigeria's industrial growth. Learn the insights from Dangote and Rewane.
Tin Can Customs Revenue Hits N1.57tr, Exceeds Target
Tin Can Island Port Customs generated N1.57 trillion, exceeding its annual target by N51.8 billion, driven by a surge in used vehicle imports. Read the full report on the revenue feat.
Chinese Dragon in Nigeria's Digital Wallet Sparks Security Alarm
With over 50 million users, Chinese-owned fintechs like OPay dominate Nigeria's street economy. Experts warn of data sovereignty risks and urge CBN action. Read the full analysis.
FIRS: NIN, CAC Numbers to Serve as Tax ID from 2026
FIRS announces NIN and CAC numbers will automatically become Tax Identification Numbers from January 2026, simplifying the process for millions of Nigerians. Learn what this means for you.
Nigeria ships 33.2m barrels of crude to U.S. in eight months
Nigeria strengthens its role as the top African crude oil supplier to the United States, exporting 33.23 million barrels worth $2.57 billion from January to August 2025. Discover the economic impact and the role of Dangote Refinery.
Govt Seeks Single-Digit Loans for Nigerian Fishermen
The Ministry of Marine and Blue Economy is negotiating with banks to provide affordable loans for fishermen. This aims to boost local fish production, fight illegal fishing, and create jobs. #Nigeria #Fisheries
Tribitat Real Estate Honoured as Africa's Emerging Brand 2025
Tribitat Real Estate clinched the Emerging Real Estate Brand of the Year award at the Africa Housing Awards 2025 in Abuja. CEO Gbenga Adeleke received the honour from Minister Ahmed Dangiwa. Read about their journey and future plans.
NSML revives SCDP, inducts 21 cadets for global maritime
NLNG Ship Management Limited relaunches its Seafarers Cadetship Development Programme, inducting 21 cadets from MAN Oron and NMU to address the global manpower shortage and boost Nigeria's maritime capacity.
TD Africa Rewards Excellence at 12th Awards Night
TD Africa celebrated its partners' excellence, innovation, and integrity at the 12th 'Celebrating You' awards in Lagos. The event, themed 'Africa's Digital Renaissance,' featured top industry leaders and a grand SUV raffle prize. Read more.
Experts Urge Sweeping Mortgage Reforms in Nigeria
Financial regulators and housing experts warn Nigeria's economic growth is limited without affordable housing finance. Learn about the N250bn MRIF fund and new strategies.
600 Graduate from WACTpreneur Programme in Rivers
APM Terminals' WACT has graduated 600 new entrepreneurs from Onne and Ogu communities after six months of intensive training, reinforcing its commitment to sustainable community development and economic growth in Rivers State.
FAAN Calls for Collaboration to Ease Festive Season Travel
FAAN urges agencies like Customs, Immigration & DSS to collaborate for seamless passenger movement at Lagos and Abuja airports during the festive season peak. Read more.
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