Author: Ogochukwu Ndubuisi

FG Seeks Importers’ Support to Curb Revenue Leakage The Federal Government (FG) has called on importers to embrace ethical practices to curb revenue leakages and boost national development. The Permanent Secretary, Federal Ministry of Finance, Mr Raymond Omachi, made the call at a one-day sensitisation seminar for importers themed ‘Ethics in Import Trade for Enhanced Revenue Generation’, held in Kano. Omachi, who was represented by the Deputy Director, Trade Relations Division, Hajia Rukaiyatu Ahmed, described the import trade sector as a critical driver of the nation’s economy through the provision of goods and services, job creation and facilitation of international…

The world’s largest crypto, Bitcoin (BTCUSD), has fallen more than 40% from its October peak near $127,000, reflecting significant volatility in the cryptocurrency market. 

Nigeria LNG Seeks Stable Policies To Attract Energy Investment Nigeria LNG Ltd. (NLNG) says rebuilding investor confidence through a stable, low-risk operating environment is essential to attract new capital, stimulate economic growth and strengthen Nigeria’s long-term energy security. Mr Nnamdi Anowi, General Manager, Production, NLNG, disclosed this while speaking at the Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) on Thursday in Lagos. Anowi, warned that when oil and gas projects were perceived as high-risk, capital retreats, leaving behind stalled developments, job losses, and forfeited revenues vital to national progress. Addressing a panel session titled “De-Risking Investments in African Oil…

Nigeria’s Air Cargo Reforms Crucial for ACTFTA Gains-Centre The Sea Empowerment Research Centre (SEREC) says repositioning Nigeria’s air cargo governance is critical for African Continental Free Trade Area (AfCFTA) competitiveness, trade facilitation and national economic growth SEREC made this known in a policy brief issued by its Head of Research, Dr Eugene Nweke on Wednesday in Abuja. The brief follows a recent tariff adjustment dispute between the Federal Airports Authority of Nigeria (FAAN) and freight forwarders and air cargo agents. FAAN had announced plans to review upwards air cargo handling and port charges, but it was strongly opposed by Freight…

Equities investors gained about N1.9 trillion in a sweep as oil and gas, industrial indexes led the rally that lifted the Nigerian Exchange (NGX) All Share Index (ASI) by 165 basis points.

BUA Foods Plc has named Mr. Isyaku Abdulsamad “Khalifa” Rabiu as Chief Officer (CO), Global Procurement and Strategic Operations, January 29, 2026.

The Lagos State government, on Tuesday, said it has commenced an improved justice administration system to reform the state’s Landlord-Tenant law, in a bid to encourage real estate business.

The Kogi Government and major financiers of the N50 billion international Airport and N31 billion international market on Tuesday, undertook an inspection of the sites for a timely start and completion. While the airport project is sited on 4, 000 Square Meter of land at Zariagi, the international market is sited on 400 x 400 square meter of land along Hassan Katsina Road, Lokoja. The government officials and financiers, who carried out the inspections included, MeAchem Enemaku, Director, Ministry of Transport, Mr Kamal Shuaib, Snr Analyst, One-17 Finance Services Limited, and Thanni Mustakeem, Head, Sharia Advisory Others are Amin Mohammed,…

HM Treasury hosted representatives from the U.S. Treasury and regulatory agencies in London on January 26, 2026, to conduct joint senior-level industry engagement for the Transatlantic Taskforce for Markets of the Future, established last September. According to U.S Treasury, the discussions explored opportunities to improve links between the countries’ capital markets and to collaborate on digital assets. This engagement is part of the Taskforce’s efforts to seek input from industry partners to ensure that its work is informed by what matters most to industry on both sides of the Atlantic. In September 2025, as part of President Trump’s state visit…

Russia says that Cuba is experiencing a severe fuel shortage and accused the United States (U.S.) of attempting to strangle the island nation’s economy through sanctions and other restrictive measures. Kremlin spokesman Dmitry Peskov described the fuel situation in Cuba as “indeed critical” when asked about reported shortages of jet fuel and the potential impact on Russian tourists planning to leave the country. He said on Tuesday that Moscow was maintaining intensive contact with Havana through diplomatic and other channels. “The suffocating tactics employed by the United States are indeed causing many difficulties for the country. “We are discussing with our Cuban friends possible ways to resolve these…