Nigerian manufacturing and trading conglomerate, BUA Industries Limited has secured a $200 million loan from the African Export-Import Bank (Afreximbank) to fund expansion project. Afreximbank in a statement disclosed that …
The Economy
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Having won the United States November 2024 presidential election, Donald Trump is on his way to becoming the 47th president of America. On the heels of Trump’s success in the …
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GLOBAL ECONOMYSHIPPING & TRADE
Maersk raises 2024 profit forecast on Red Sea crisis, rising demand
by The Economyby The EconomyAP Moller-Maersk on Tuesday raised its full-year profit forecast for the second time in three months, driven by expected third-quarter operating profit of $3.3 billion as the delayed effect of …
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CUSTOMSFEATURES
Customs stirs youth action on climate change in Kaduna
by The Economyby The EconomyAs the climate change discourse maintains a steady feature on the front burner, the Nigeria Customs Service (NCS) Federal Operations Unit, Zone B, Kaduna has joined the global efforts to …
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NEWS & PUBLIC ECONOMYOIL & GAS
Naira-for-crude Deal: NNPCL to supply 400,000 barrels of crude to Dangote Refinery daily
by The Economyby The EconomyNigeria’s fuel supply challenges may be set for a relief as the Federal Government is set to deliver up to 400,000 barrels of Nigerian crude oil daily to the Dangote …
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CUSTOMS
Customs CG, Adeniyi commits to improving investment in education
by The Economyby The EconomyThe Comptroller-General of Customs, Adewale Adeniyi has reaffirmed the Nigeria Customs Service’s (NCS) unwavering commitment to advancing education by investing additional resources into the Service’s schools nationwide. Adeniyi made this …
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AGENCIES
Makaiba assumes office as Commissioner of Police, Ports Authority Western Command
by The Economyby The EconomyAs part of the ongoing reorganisation in the Nigeria Police Force , CP Ibrahim Balarabe Maikaba has assumed office as 32nd Commissioner of Police, Ports Authority Police (Western) Command, Apapa, …
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NEWS & PUBLIC ECONOMY
Real reasons Ngelale resigned as Tinubu’s spokesman
by The Economyby The EconomyWhen Ajuri Ngalale resigned his positions as special adviser to the president on media and publicity and special presidential envoy on climate action/ chairman, Presidential Steering Committee on Project Evergreen, …
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GLOBAL ECONOMYMANAGEMENT
British university offers 50% scholarship for Nigerians, others
by The Economyby The EconomyThe University of Bradford in England is offering 50% scholarship to Nigerians and other international students to study Applied Artificial Intelligence in the undergraduate program. The Faculty of Engineering and …
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MANUFACTURING & BRANDSNEWS & PUBLIC ECONOMYREAL ESTATE & CONSTRUCTION
How dealers abused cement price regime, cashed out huge profits — BUA Chairman
by The Economyby The EconomyFrontline industrialist and Chairman of BUA Group, Abdul Samad Rabiu has revealed how cement dealers capitalised on his reduced cement price to cash out huge profits at the detriment of …