Business

All the recent business news in Nigeria, economy and industry updates.

NCS Port Harcourt II command generates N731.2bn revenue in 2025

The Nigeria Customs Service (NCS) Port Harcourt II Command has exceeded its revenue target for 2025. According to the command, it collected a total of

Nigerian Tax Acts 2025: Benefits Beyond The Rhetorics

Nigeria’s ongoing tax reforms have been widely mischaracterised as revenue tricks, mostly through epistemic closure and motivated reasoning, solely fo

NAHCO aviance renews handling contracts with Air France, KLM, others

West Africa’s largest ground handling service provider, the Nigerian Aviation Handling Company Plc (nahco Aviance), has announced the signing of a cha

NIMASA gives vessel owners, oil firms 30 days to update documents

The Nigerian Maritime Administration and Safety Agency (NIMASA) has set a 30-day deadline for vessel owners and oil companies to update their document

Africa to contribute $41bn to exploration, production expenditure – Report

Global Exploration and Production capital expenditure (capex) is forecast to reach approximately USD504 billion by 2026, with Africa contributing abou