The Nigeria Customs Service has started a nationwide survey to gather views from importers, exporters and other trade operators on corruption, transparency and integrity within the Service. The 2026 Customs Integrity Perception Survey began on Monday, September 28, and will run until October 9. The exercise is being conducted with the World Customs Organisation under…
The Federal Government’s decision to upgrade Onne Port could give Rivers State a bigger role in Nigeria’s maritime economy, particularly in oil and gas, logistics and the movement of goods across the South-South and South-East. The Minister of Marine and Blue Economy, Adegboyega Oyetola, announced on Sunday that the government had approved the comprehensive modernisation…
A gas field discovered off the coast of Rivers State in 1973 is finally moving towards production. On September 23, 2026, TotalEnergies and Nigerian energy company AMNI took the Final Investment Decision (FID) on the Ima gas development, more than five decades after the field was discovered. The project is expected to cost about $800…
Nigeria’s power sector has received another major financial intervention, with the Federal Government closing a ₦728.9 billion bond to settle verified debts owed to electricity generation companies. The Series 2 bond, announced by the Africa Finance Corporation (AFC) on September 23, brings the amount raised under the government’s power-sector debt programme to about ₦1.23 trillion….
Sterling Financial Holdings Company Plc has started a major restructuring of its shares, with every 10 existing shares being converted into one new share. The exercise has temporarily stopped trading in the company’s shares on the Nigerian Exchange (NGX) as Sterling Financial and its registrars work to update shareholders’ records. The suspension began on September…
The Coca-Cola System in Nigeria says it plans to invest an additional $1 billion in the country over the next five years, while stressing that the business environment will be important to how the investment programme moves forward. The company made the latest disclosure on Saturday, September 26, as it highlighted the wider economic activity…
Nigeria’s new mineral-investment framework with the United States has been described as an opportunity to unlock an estimated $700 billion in mineral resources and move the country beyond the export of raw materials. The framework was signed on September 24, 2026, on the sidelines of the ongoing United Nations General Assembly in New York, by…
Kenyan President William Ruto on Friday visited the Dangote Petroleum Refinery in Lagos, days ahead of the planned groundbreaking of a new refinery being developed by the Dangote Group in Kenya. Ruto, accompanied by First Lady Rachel Ruto and other Kenyan officials, toured the Lekki-based refinery following an invitation by Aliko Dangote, President of Dangote…
The Alternative Bank is set to host a virtual discussion today on the barriers hindering trade, movement and economic growth across Africa. The session, titled “Borderlands & Barriers: What They Mean for Africa’s Economic Future,” is scheduled for 11 a.m. today on X Spaces. The discussion will examine challenges confronting businesses operating across African borders,…
PiggyVest’s OpenHouse 2026 is holding today, September 26, at the National Theatre in Lagos, bringing together entrepreneurs, professionals and members of its community for discussions on business, money, work and technology. The annual event, organised by Nigerian digital savings and investment platform, PiggyVest, is focused on how Nigerians can earn, build and manage wealth amid…
