Apapa Customs’ 10-month revenue hits N2.4tr

The Apapa Area Command, Nigeria Customs Service (NCS), has generated N2.4 trillion between January and October 2025, surpassing its total collection for the entire year of 2024 two months ahead of schedule. According to a statement signed by the Command’s Public Relations Officer, Superintendent of Customs Tunde Ayagbalo, the Command also achieved a N304 billion…

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NCC retooling regulation to close 23.37m access gap

Telcom sector regulator, the Nigerian Communications Commission (NCC) is transforming rural connectivity from a social challenge into an economic opportunity through a data-led, partnership-driven plan designed to narrow the country’s widening digital divide and accelerate inclusive growth. According to the Universal Service Provision Fund (USPF), the most recent study conducted in 2024 showed that the…

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TotalEnergies optimistic on oil prices despite slowdown in China

TotalEnergies CEO Patrick Pouyanne said on Monday that Chinese oil demand growth has slowed since 2020 as the country shifts toward greener energy sources. “Chinese demand was really strong but the engine has slowed down,” Pouyanne stated, noting that the Chinese economy is “moving toward needing less oil.” Despite the slowdown in China, Pouyanne expressed…

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UK’S MOBILIST sells shares in InfraCredit to pension funds

The UK’s MOBILIST programme on Monday said it has successfully traded its investment in Nigerian credit guarantee company InfraCredit to five Nigerian pension funds, thereby helping to mobilise more local institutional investment toward infrastructure development critical to the country’s growth. MOBILIST’s exit represents the biggest trade in InfraCredit’s shares since its listing by introduction on…

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T2 emerges CIArb 2025 confab tech partner

The Chartered Institute of Arbitrators (CIArb) Nigeria Branch has announced T2 as the Exclusive Technology Partner for its Annual Conference and Gala Night 2025, scheduled to take place from 12th to 14th November 2025 at The Jewel Aieda, Hakeem Dickson Road, Lekki, Lagos. This year’s conference, themed “Connecting the Dots: Core Principles, Innovation, and Meaningful…

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Nigeria’s LPVT solar panels earn global certification

LPV Technologies’ locally manufactured solar panels have earned the prestigious TÜV SÜD certification, meeting the rigorous International Electrotechnical Commission (IEC) standards, marking a significant boost to the nation’s renewable energy sector. The company said in a statement yesterday that the milestone not only affirms the quality of LPVT’s solar modules but also signals a new…

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Nigeria’s bonds slip on Trump’s military action threat

Nigeria’s sovereign bonds slipped on Monday after U.S. President Donald Trump threatened military action in the country if it did not take action to protect Christians, but veteran investors said the fallout was likely to be limited. According to Reuters, longer-dated bonds fell the most, with the 2051 issue falling roughly 0.5 cents before retracing…

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Facebook brings community, creativity to life at Lagos Fashion Week

Over three exciting days at Lagos Fashion Week 2025, Facebook hosted its first-ever Facebook lounge experience, creating an immersive space that celebrated creativity, connection and community among young adults, designers, creatives, fashion enthusiasts and creators. This experience highlighted how more young adults are using Facebook to discover new interests, express themselves, and connect with the…

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