Business and Economy

NEMSA, LASERC Strengthen Electrical Safety Partnership Officials of NEMSA and LASERC during a meeting to strengthen electrical safety and metering standards in Abuja.

Officials of NEMSA and LASERC during a meeting to strengthen electrical safety and metering standards in Abuja.

NEMSA, LASERC Strengthen Electrical Safety Partnership

Korede Abdullah July 2, 2026

ABUJA, Nigeria – The NEMSA-LASERC partnership is set to strengthen electrical safety enforcement, improve metering standards and...

Lagos Secures Permanent Rail Operating Licence NRC officials present the Permanent Rail Operating Licence to Lagos State through LAMATA.

NRC officials present the Permanent Rail Operating Licence to Lagos State through LAMATA.

Lagos Secures Permanent Rail Operating Licence

Korede Abdullah July 1, 2026

LAGOS, Nigeria – The Lagos State Government has become the first sub-national government in Nigeria to secure...

Flights Resume After Lagos Airport Flooding Floodwater inside the international terminal at Lagos airport.

Floodwater inside the international terminal at Lagos airport.

Flights Resume After Lagos Airport Flooding

Korede Abdullah June 30, 2026

LAGOS, Nigeria – Flight operations have resumed at the temporary international terminal of Murtala Muhammed International Airport...

Shettima Commissions Rehabilitated Karu Roads in Abuja Shettima Commissions Karu Roads in Abuja

Shettima Commissions Karu Roads in Abuja

Shettima Commissions Rehabilitated Karu Roads in Abuja

Oluwatobi Adu June 29, 2026

ABUJA, Nigeria – Vice President Kashim Shettima on Monday commissioned newly rehabilitated and expanded roads in Abuja’s...

FG Orders Marketers to Reflect Falling Crude Prices in Fuel Costs The Federal Government has urged petroleum marketers to reflect falling international crude oil prices in pump prices as Nigeria deepens fuel market deregulation.

The Federal Government has urged petroleum marketers to reflect falling international crude oil prices in pump prices as Nigeria deepens fuel market deregulation.

FG Orders Marketers to Reflect Falling Crude Prices in Fuel Costs

Oluwatobi Adu June 29, 2026

ABUJA, Nigeria – The Federal Government has directed petroleum marketers to reflect declining international crude oil prices...

Customs Intensifies Awareness Campaign Ahead of Green Tax Rollout 1000554973

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Customs Intensifies Awareness Campaign Ahead of Green Tax Rollout

Korede Abdullah June 29, 2026

LAGOS, Nigeria – The Nigeria Customs Service has intensified nationwide sensitisation efforts ahead of the implementation of...

Ship Attack Slows Strait of Hormuz Traffic Oil tankers navigating the Strait of Hormuz amid heightened tensions.

Oil tankers navigating the Strait of Hormuz amid heightened tensions.

Ship Attack Slows Strait of Hormuz Traffic

Mirian Gom June 29, 2026

DUBAI – Shipping traffic through the Strait of Hormuz slowed sharply over the weekend after a vessel...

Nigeria Gears Up for Global Transparency Test

Nigeria Gears Up for Global Transparency Test

Mirian Gom June 29, 2026

ABUJA, Nigeria – Nigeria says it is fully prepared for the upcoming global Extractive Industries Transparency Initiative...

BAT Axes 9,000 Jobs in Global Shake-Up British American Tobacco headquarters after announcing job cuts.

British American Tobacco headquarters after announcing job cuts.

BAT Axes 9,000 Jobs in Global Shake-Up

Mirian Gom June 29, 2026

LONDON – British American Tobacco (BAT) announced plans on Monday to eliminate 5,500 jobs and outsource another...

FG Bars Motorcycles from Coastal Highway Lagos-Calabar Coastal Highway with traffic restriction signs.

Lagos-Calabar Coastal Highway with traffic restriction signs.

FG Bars Motorcycles from Coastal Highway

Korede Abdullah June 29, 2026

LAGOS, Nigeria – The Federal Ministry of Works has banned commercial motorcycles and tricycles from the Lagos-Calabar...