Business

Nigeria Moves Import Duty Exemptions to Single Window to Cut Customs Clearance Delays

Nigeria Moves Import Duty Exemptions to Single Window to Cut Customs Clearance Delays

The Federal Government is preparing to integrate Import Duty Exemption Certificate (IDEC) applications into Nigeria’s National Single Window platform, a…
Shell to Transfer 170km Nigerian Gas Pipeline Network to Vaaris Energy

Shell to Transfer 170km Nigerian Gas Pipeline Network to Vaaris Energy

Shell Petroleum B.V. has agreed to transfer its Nigerian domestic gas distribution business to Vaaris Energy Limited in a transaction…
Dollar to Naira Today: Black Market Exchange Rate for Wednesday, October 14, 2026

Dollar to Naira Today: Black Market Exchange Rate for Wednesday, October 14, 2026

The Dollar to Naira exchange rate in Nigeria’s black market remained relatively stable on Wednesday, October 14, 2026 with the…
Dangote Refinery Swings to $4.73bn Profit as Revenue Hits $22.48bn

Dangote Refinery Swings to $4.73bn Profit as Revenue Hits $22.48bn

Dangote Petroleum Refinery and Petrochemicals has reported a net profit of $4.73 billion for the nine months ended September 30,…
Nigeria’s Extra 30,000 Barrels Daily Could Generate $95m in Monthly Oil Value

Nigeria’s Extra 30,000 Barrels Daily Could Generate $95m in Monthly Oil Value

Nigeria’s recovery in crude oil production could represent approximately $95 million in additional monthly oil value at elevated international prices,…
Livestock Feeds Rally Hits 74% as Stock Climbs Another 6.9%

Livestock Feeds Rally Hits 74% as Stock Climbs Another 6.9%

Livestock Feeds Plc extended its remarkable rally on the Nigerian Exchange Limited (NGX), gaining another 6.92 percent to close at…
NGX Extends Decline as All-Share Index Slips 0.09% to 247,513.63

NGX Extends Decline as All-Share Index Slips 0.09% to 247,513.63

The Nigerian equities market extended its decline as the Nigerian Exchange Limited (NGX) All-Share Index slipped 0.09 percent to 247,513.63…
Zenith Bank Loses ₦376 Million to Fraud, Forgeries in Six Months

Zenith Bank Loses ₦376 Million to Fraud, Forgeries in Six Months

Zenith Bank Plc says it recorded loss of N376 million to fraud and forgeries in six months, half year ended…
Oil Prices Fall to $105 as Nigeria Faces Export Gains, Higher Fuel Costs

Oil Prices Fall to $105 as Nigeria Faces Export Gains, Higher Fuel Costs

Crude oil prices declined on Tuesday as expectations of additional Russian fuel supplies eased pressure on global energy markets. Brent…
Oando Falls 7.6% as Oil and Gas Stocks Remain Under Pressure

Oando Falls 7.6% as Oil and Gas Stocks Remain Under Pressure

Oando Plc extended the weakness in Nigerian oil and gas equities on Monday as its share price declined 7.55 percent…
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