Economy - Page 8

Tinubu Appoints Dr. John Nwabueze as Nigeria’s Tax Ombudsman

President Bola Tinubu has approved the appointment of Dr John Nwabueze as Nigeria’s Tax Ombudsman. The appointment aligns with the Joint Revenue Board of Nigeria (Establishment) Act, 2025, and supports ongoing reforms in the nation’s tax and revenue system. Presidential Spokesperson, Mr

November 5, 2025

Economy

Colombian Vice President Arrives Abuja For Bilateral Talks

Colombian Vice President, Mrs. Francia Márquez, arrived in Abuja on Saturday for a three-day official visit aimed at strengthening diplomatic and economic cooperation between Nigeria and Colombia. Márquez, accompanied by her husband, Mr. Rafael Yerney Pinillo Ocoró, was received at the Nnamdi

by News Editor

August 31, 2025

Economy

NPA Moves To Revive Delta Ports, Seeks Relief For Congested Lagos Harbours

The Nigerian Ports Authority (NPA) has unveiled plans to revive Delta Ports as part of its strategy to decongest Lagos ports and stimulate economic growth. Chairman of the NPA Board, Senator Adedayo Adeyeye, disclosed this during a four-day working visit to Delta

by News Editor

August 31, 2025

Economy·Headlines

Ojulari Raises Alarm, Says NNPC Under Attack

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Engr. Bashir Bayo Ojulari, has disclosed that the company is facing sustained attacks from individuals opposed to its ongoing reforms. Ojulari made the remark during a meeting with

by News Editor

August 30, 2025

Economy

Cybersecurity Gaps Threaten Nigeria’s Businesses, Says Glemad CEO

Nigeria’s business environment is increasingly at risk from rising cyberattacks and weak data protection practices, the Chief Executive Officer of Glemad, David Idris, has warned. Speaking in an interview, Idris said small and medium-sized enterprises (SMEs) are the most vulnerable, as many

by News Room

August 30, 2025

Economy

Nigeria’s Excess Crude Account Rises to $535,823 – AGF

The Accountant-General of the Federation, Shamsedeen Ogunjimi, has disclosed that Nigeria’s Excess Crude Account (ECA) now holds a balance of $535,823.39 as of August 2025. Ogunjimi, represented by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, revealed the

by News Room

August 30, 2025

Economy

Decades Of Neglect Cripple Nigeria’s Refineries – NNPC

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Bayo Ojulari, has admitted that rehabilitating Nigeria’s refineries has been a daunting challenge after decades of abandonment. Ojulari, who disclosed this while receiving a delegation from the Petroleum and

by News Editor

August 29, 2025

Economy·News

Customs Hands Over N3.7bn Worth of Expired Drugs to NAFDAC

The Nigeria Customs Service (NCS), Federal Operations Unit, Zone A, Ikeja, on Tuesday, transferred three truckloads of expired pharmaceutical products valued at N3.7 billion to the National Agency for Food and Drug Administration and Control (NAFDAC). This was disclosed in a statement

by News Room

August 27, 2025

Economy

Air Peace Launches First Direct Lagos–São Paulo Flight

Air Peace has marked a major milestone in Nigerian aviation with the successful operation of a direct flight between São Paulo and Lagos, carrying members of Nigeria’s official delegation alongside Brazilian private-sector leaders. The achievement follows the signing of a landmark bilateral

by News Editor

August 27, 2025

Economy

Nigeria A Goldmine Waiting To Be Unlocked, Says Elumelu

Founder of Avon HMO and Avon Medical, Dr. Awele Elumelu, has urged both local and international investors to take advantage of Nigeria’s vast potential, describing the country as a “goldmine waiting to be unlocked.” Elumelu, who also serves as Co-Founder of the

by News Editor

August 27, 2025

Economy·Headlines·Politics

Tinubu Averted Economic Collapse- Osun Senator

The Senator representing Osun East, Francis Fadahunsi, has applauded President Bola Ahmed Tinubu for preventing Nigeria’s economy from sinking into total collapse, noting that the current administration inherited a near-broken system. Speaking with journalists on Tuesday at his country home in Ilase-Ijesa,

by News Editor

August 27, 2025

Economy

Nigeria, Brazil Seal Bilateral Air Service Deal

Nigeria and Brazil have signed a Bilateral Air Service Agreement (BASA) aimed at opening direct flight routes between both countries and deepening economic, cultural, and diplomatic ties. The agreement was concluded on Monday during President Bola Tinubu’s state visit to Brasília, where

by News Room

August 26, 2025

Economy

Nigeria’s Power Generation Stalls at 5,500MW

By Tamunoemi Briggs – Nigeria’s electricity supply has remained stagnant at around 5,500 megawatts, despite repeated promises to boost generation to at least 6,000MW. This comes as the Nigerian Electricity Regulatory Commission (NERC) officially transferred regulatory oversight of the electricity market in

by News Room

August 26, 2025

Economy

Apapa Customs Rakes in N161bn Through B’Odogwu System in Three Weeks

The Apapa Area Command of the Nigeria Customs Service (NCS) has generated ₦161 billion in revenue within a three-week period using the Unified Customs Management System, popularly known as B’Odogwu. The Customs Area Controller for Apapa Command, Babajide Olomu, disclosed this during

by News Room

August 26, 2025

News Update·Economy

Tinubu Seals Direct Flight, Trade, Cooperation Deals With Brazil

President Bola Ahmed Tinubu has signed a historic Bilateral Air Service Agreement (BASA) with Brazil, opening the way for direct flights between Nigeria and South America’s largest economy. The agreement was concluded on Monday during Tinubu’s official state visit to Brasília. According

by News Editor

August 26, 2025

News·Economy·News Update

Customs Intercepts $2.2m Undeclared Cash At Nigerian Airports In Seven Months

The Nigeria Customs Service (NCS) has uncovered undeclared foreign currencies totaling $2.209 million at major airports across the country between January and July 2025. The interceptions were recorded at Murtala Muhammed International Airport, Lagos; Nnamdi Azikiwe International Airport, Abuja; and Mallam Aminu

by News Editor

August 26, 2025

Previous 1 … 6 7 8 9 10 … 37 Next

Economy - Page 8

Tinubu Appoints Dr. John Nwabueze as Nigeria’s Tax Ombudsman

Colombian Vice President Arrives Abuja For Bilateral Talks

NPA Moves To Revive Delta Ports, Seeks Relief For Congested Lagos Harbours

Ojulari Raises Alarm, Says NNPC Under Attack

Cybersecurity Gaps Threaten Nigeria’s Businesses, Says Glemad CEO

Nigeria’s Excess Crude Account Rises to $535,823 – AGF

Decades Of Neglect Cripple Nigeria’s Refineries – NNPC

Customs Hands Over N3.7bn Worth of Expired Drugs to NAFDAC

Air Peace Launches First Direct Lagos–São Paulo Flight

Nigeria A Goldmine Waiting To Be Unlocked, Says Elumelu

Tinubu Averted Economic Collapse- Osun Senator

Nigeria, Brazil Seal Bilateral Air Service Deal

Nigeria’s Power Generation Stalls at 5,500MW

Apapa Customs Rakes in N161bn Through B’Odogwu System in Three Weeks

Tinubu Seals Direct Flight, Trade, Cooperation Deals With Brazil

Customs Intercepts $2.2m Undeclared Cash At Nigerian Airports In Seven Months

Recent Posts

Subscribe to OurNewsletter

Suggestions

Economy - Page 8

Recent Posts

Subscribe to OurNewsletter

Add The Beacon NG to your Homescreen!