The Federal Government has waived a total of N97 billion in import duties for essential food items like maize, rice, and sorghum between 2024 and the first quarter of 2025. …
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Airlines, Experts Clash Over Flight Safety During NiMet Strike
Operators and professionals in Nigeria’s aviation sector are currently divided over the recent decision by some airlines to keep flying even when workers of the Nigerian Meteorological Agency (NiMet) were …
- BusinessBusiness InsightsEconomyGOVERNMENTInnovationNigeriaTechnologyTelecommunications
NCC, Lawmakers Begin Review of 22-Year-Old Telecom Law to Match New Tech Era
The Nigerian Communications Commission (NCC) and lawmakers at the National Assembly have started the process of reviewing the Nigerian Communications Act (NCA) 2003, which has been the foundation of Nigeria’s …
- AFRICA NEWSBusinessBusiness InsightsEconomyFinance & ServicesManufacturingMarketsNigeria
Guinness Nigeria Bounces Back with N6.7bn Profit in Nine Months
Guinness Nigeria Plc has bounced back into profitability, posting a profit after tax of N6.72 billion for the nine months ended March 31, 2025. This is a major turnaround for …
- EconomyEnergyInfrastructureNigeriaOil & Gas
Refineries: Experts Question NNPCL Over Transparency, Efficiency
There is fresh controversy surrounding Nigeria’s state-owned refineries, as industry experts and oil marketers continue to question the Nigerian National Petroleum Company Limited (NNPCL) over the poor performance of the …
- BusinessGOVERNMENTNigeria
Experts Urge Nigerian Businesses to Prioritise Reputation Management for Long-Term Success
Industry experts have called on Nigerian businesses to pay more attention to managing their reputation if they want to achieve long-term success and sustainability. They made this known during a …
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Taraba State Government Partners with Africa Nature Investors Foundation to Strengthen Conservation Efforts
The Taraba State Government has formed a new partnership with the Africa Nature Investors (ANI) Foundation to protect the environment and boost eco-tourism in the state. This partnership was officially …
- BusinessDangote IndustriesFinance & ServicesNigeria
Dangote Cement Posts N209.2bn Profit in Q1 2025, Reflecting Strong Growth Despite Macroeconomic Challenges
Dangote Cement Plc has posted a remarkable profit after tax of N209.2bn for the first quarter ended 31 March 2025, marking an 85.7 per cent increase from the N112.7bn recorded …
United Bank for Africa (UBA) Plc has announced plans to expand its operations to over 100 countries and grow its customer base to over one billion within the next 75 …
Stanbic IBTC Holdings Plc has posted a profit after tax of N82.06 billion for the first quarter of 2025, marking an 80% growth from N45.64 billion recorded in the same …