Category: Business
-
NIGERIA CUSTOMS SERVICE SETS $300 DUTY-FREE LIMIT STARTING SEPTEMBER 8
New “De Minimis” threshold to boost e-commerce and streamline import clearance across Nigeria. The Nigeria Customs Service Board approved a $300 duty-free limit for low-value imports and passenger baggage, effective September 8. This move aims to simplify trade, reduce delays, and align Nigeria with global best practices. Non-compliance will attract strict penalties. NCS also cracked…
-
LAGOS TO HOST 2027 INTRA-AFRICAN TRADE FAIR, BOOSTING AFRICA’S ECONOMIC FUTURE
Governor Sanwo-Olu hails historic nomination as Lagos prepares to lead continental trade integration. Lagos State has been chosen as Nigeria’s host city for the 2027 Intra-African Trade Fair (IATF), a milestone celebrated by Governor Babajide Sanwo-Olu as recognition of Lagos’ role as Africa’s commercial hub. The event, backed by Afreximbank, African Union, and AfCFTA, is…
-
PETER OBI TEAMS UP WITH TRAVEL TITANS FOR DOMESTIC TOURISM BOOST IN ENUGU
The Labour Party’s 2023 presidential hopeful, Peter Obi, joined top travel moguls at Enugu’s JTBS Domestic Tourism Conference to chart a new course for Nigeria’s homegrown tourism.At the bustling JTBS Domestic Tourism Conference in Enugu on Saturday, Mr. Peter Obi, Labour Party’s 2023 presidential candidate, mingled with industry heavyweights like Chief Valentine Obi, Managing Director…
-
NIGERIA REAFFIRMS GOAL OF 10 BILLION SCF GAS PRODUCTION BY 2030
Finance Minister Wale Edun underscores reforms and investments to boost Nigeria’s gas industry. Minister Wale Edun reaffirmed Nigeria’s commitment to producing 10 billion Standard Cubic Feet of gas per day by 2030 during a meeting with NLNG leadership. Discussions focused on production targets, investment climate, tax reforms, and infrastructure upgrades including pipeline security and road…
-
POOR COMMUNICATION BLAMED FOR NIGERIA’S ABANDONED PROJECTS — YABATECH LECTURER
Dr. Adesina Aladeloba unveils communication as key to ending project failures with innovative software solution. Yabatech’s Dr. Adesina Aladeloba identified poor communication as the root cause of Nigeria’s 56,000 abandoned projects worth over N12 trillion. Delivering the 19th inaugural lecture, he introduced his Buildcom (NWAVE) software designed to bridge communication gaps, boost teamwork, and cut…
-
FG CONSIDERS PRESIDENTIAL TASK TEAM TO PROMOTE GOOD ARCHITECTURE IN NIGERIA
Vice-President Shettima named Champion of Good Architecture as Nigeria pushes design for national growth. The Federal Government is exploring forming a presidential task team to drive good architectural practices, following a visit by the Nigerian Institute of Architects led by President Mobolaji Adeniyi. Vice-President Kashim Shettima, appointed as the country’s Champion of Good Architecture, pledged…
-
FCTA LAUNCHES 50% SUBSIDISED FERTILISER PROGRAM TO BOOST FOOD SECURITY
Subsidised fertiliser aimed at empowering farmers and promoting agriculture in the FCT. The Federal Capital Territory Administration, led by Minister Nyesom Wike, began distributing fertilisers at half price across six Area Councils to fight food insecurity. The initiative targets genuine farmers, with strict monitoring and support from FAO and IITA to build capacity. Emphasizing agriculture…
-
TINUBU SET TO SPARK NASARAWA’S LITHIUM BOOM WITH 6,000MT PLANT LAUNCH
Nasarawa’s lithium game just got supercharged! President Bola Tinubu is gearing up to cut the ribbon on a shiny new 6,000 metric ton lithium processing plant – doubling the state’s latest lithium firepower and sending a strong signal to global investors eyeing Nigeria’s clean energy future. Governor Abdullahi Sule has revealed that President Bola Tinubu…
-
T2 PARTNERS WITH INDIA’S KNOT SOLUTIONS TO MODERNISE OPERATIONS
Nigerian telco revolutionizes customer experience with multi-million dollar digital transformation. T2 CEO Obafemi Banigbe announced a major partnership with India’s Knot Solutions to upgrade its Business and Operations Support Systems, marking a key step in T2’s four-phase revival plan. The deal complements T2’s infrastructure expansion with Huawei and aims to deliver a seamless, personalised digital…
-
BADEGGI FM SAYS OUT-OF-COURT SETTLEMENT WITH NIGER GOVT FAILS
Legal battle continues as Badeggi FM’s bid for amicable resolution collapses amid government shutdown. Badeggi FM told Minna High Court that attempts for an out-of-court settlement with Niger State government have failed. The case, triggered by the station’s forced closure over alleged incitement, awaits reassignment after the vacation judge stepped down. The dispute has drawn…
