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The Nigeria Customs Service has seized a shipment of foreign vegetable oil valued at N403.4 million. This action aims to disrupt economic sabotage and support the local industry.
The World Bank has recognized Nigeria's Apapa and Tin Can ports as among the top 20 most improved container ports globally. This acknowledgment highlights significant progress in Nigeria's port operations.
Hard fighting Blessing Otu stroked her way into the second round of the on -going 47th edition of the Central Bank of Nigeria Senior Tennis Championship holding at the Tennis Courts
The FCCPC is collaborating with the presidency to enhance foreign direct investment initiatives in Nigeria. However, regulatory actions may pose challenges to President Tinubu's investment drive.
The CBN has directed Nigerian banks and fintechs to store all payment transaction data on local servers from January 1, 2027, enhancing oversight and data
Emmanuel Addeh in Abuja Nigeria produced about 35.3 million barrels less crude oil and condensate than projected in its 2026 budget between January and May, highlighting the gap between the
Nigeria has been celebrating a remarkable transformation in its oil and gas company register with the number of upstream operators rising from less than 10 in 2010 to 117 today,
Nigeria's tourism and hospitality stakeholders are advocating for more investment and innovative financing to enhance the sector's growth. They emphasize the importance of public-private partnerships to realize its economic potential.
Belgium and Egypt played to a 1-1 draw in their World Cup group stage opener. Romelu Lukaku’s presence forced an own goal, spoiling Mohamed Salah’s birthda
The Strait of Hormuz will reopen on Friday following a US-Iran agreement, as announced by Trump. This development is expected to stabilize oil prices and alleviate inflation concerns.
BudgIT has highlighted the ineffectiveness of Nigeria's federal budgets in fostering real economic development. The analysis points to systemic issues that render budget approvals as mere formalities rather than impactful financial plans.
Nigeria's gas output rose to 7.93 billion cubic feet per day, marking a 0.63% increase from the previous year. Domestic sales also saw a rise, reaching 2.18 billion cubic feet.
The Edo State Police Command has assured residents that significant progress is being made in the ongoing operation to rescue read more Edo Police signal progress in rescue of woman abducted at Benin Market
Nigeria's inflation has risen to 15.93%, primarily due to increasing food costs. This marks the third consecutive month of rising consumer prices, according to the National Bureau of Statistics.
Aliko Dangote and Governor Aiyedatiwa are collaborating to establish Nigeria's largest free trade zone in Ondo State. The initiative promises to enhance infrastructure, including power and logistics.
… ordered banks, others to disclose the ultimate beneficiary ownership of shareholders … Gives December 31, 2026 for full compliance read more CBN curbs payments dominance with new market share limits
Nigeria's natural gas production has risen to 7.93bcf/d, with domestic sales hitting 2.18bcf/d. This growth indicates an increase in local demand and improved supply stability.
The organisation noted in a statement on Monday that, with revenue projected at N36.9 trillion and expenditure at N68.3 trillion, the country will contend with a fiscal deficit of N31.5 trillion this year, equivalent to 6.4 per cent of the gross domestic product. The post 2026 bu...
Omolabake Fasogbon As Nigeria’s digital economy matures, attention is increasingly shifting from innovation at the surface to the strength of the infrastructure underneath. Payments are faster, volumes are higher and
Markets and banks in Onitsha, Anambra State, experienced low activity despite Governor Chukwuma Soludo's warnings against sit-at-home compliance. The situation highlights ongoing challenges in maintaining commercial operations in the region.
James Emejo in Abuja The Consumer Price Index (CPI) which measures the rate of change in prices of goods and commodities increased further to 15.93 per cent in May compared
Dynasty Africa, one of Africa’s foremost full-service marketing and creative agencies, has made history at the 2025 Cannes Corporate Media read more Dynasty Africa makes history as first African agency to Win Cannes Dolphin Award
Nigeria's Tin Can Island Port and Apapa Port have been recognized as two of the world's top 20 most improved container ports. This recognition highlights significant advancements in their operational efficiency over the past five years.
On a typical match day, a user might move between a messaging app, a live score page and a betting platform without thinking much about it. The post Why betting companies are looking beyond traditional markets appeared first on Premium Times Nigeria.
Nigeria’s states have entered 2026 with some of their largest budgets on record. Supported by improved federal allocations and ambitious read more Bigger budgets, slower delivery: What early 2026 state spending reveals
Over 300 business owners has pledged allegiance to doing business the right and godly ways during the recently concluded Thriving read more Over 300 business owners pledge allegiance at ‘Thriving in the marketplace’
US President Donald Trump announced that oil tankers are leaving the Strait of Hormuz following a peace deal. However, there remains uncertainty about Iran's potential tolls on these ships.
As the Nigerian football team took on Portugal in a friendly preparation match on Portuguese soil, Pop Cola brought the energy of Nigeria to every screen across the country. Through its perimeter LED advertising during the live broadcast, the brand made sure that every fan watchi...
Nigeria Customs Service, Zone C, Owerri, intercepts 3,310 jerrycans of smuggled vegetable oil, disrupting illicit trade and protecting local industries.
The foreign exchange market is approaching a point where the issue of positioning is gaining in importance relative to the read more Why crowded trades could be the biggest risk facing FX traders