Consumers To Pay More After NCS Reviews FOB, Licensing Fee Hike
Importing goods into Nigeria will cost more ever after the Nigeria Customs Service (NCS) revives four per cent Free on Board (FoB) charge and plans licensing fee hike for agents. The FOB charge, passed as law, is calculated based on the value of imported…
Nigeria’s Electricity Grid Hits Record-Breaking Milestones In 2025
According to reports on Tuesday, Nigeria’s national power grid has achieved historic performance levels in 2025, recording unprecedented peaks in electricity generation and transmission, according to recent data from the National Control Centre. On March…
When Abacha Removed Subsidy, We Saw PTF, When Jonathan Did We Saw Sure-P — Babachir
Babachir Lawal, a former Secretary to the Government of the Federation, has taken aim at the Tinubu administration over the removal of fuel subsidy, arguing that Nigerians have seen little to no benefit from the policy shift. Speaking during an interview…
‘This Is Not How To Fight Corruption’ – Atiku Fingers Tinubu In Tambuwal’s Arrest
Former Vice President, Atiku Abubakar, has accused President Bola Tinubu of using the Economic and Financial Crimes Commission (EFCC) to intimidate, harass and decimate the opposition. Atiku made this known while reacting to the arrest and detention of…
Lagos: Customs seize N10bn worth of contraband, arms, drugs
The Nigeria Customs Service (NCS) has intercepted 16 containers loaded with prohibited items, including firearms, ammunition, military gear, and fake drugs, worth N10 billion at the Lagos Port Complex (LPC), Apapa. Speaking to journalists in Lagos,…
India Buys Nigerian Crude as Dangote Refinery Turns to US Oil
India’s state-owned refiners are ramping up purchases of Nigerian crude even as Nigeria’s flagship Dangote Petroleum Refinery increasingly sources its feedstock from the United States – a twist that industry insiders are calling an “oil trade irony.”…
UN condemns targeted Israeli attack that killed 5 Al Jazeera journalists
Agency Reports The United Nation’s human rights office has condemned a targeted Israeli attack that killed journalists in Gaza, calling it a grave breach of international law. Five Al Jazeera journalists, including correspondent Anas al-Sharif,…
Oil marketers warn of economic fallout as Port Harcourt Refinery remains idle
Oil marketers have raised concerns over what they described as the “slow pace” of repair work at the Old Port Harcourt Refinery. The refinery was shut down on May 24 for a scheduled 30-day maintenance. 9The Zonal Chairman of the Petroleum Products Retail…
EFCC raids Obasanjo Presidential Library, arrests 93 suspected ‘Yahoo Boys’
Operatives of the Economic and Financial Crimes Commission have reportedly stormed the Green Legacy Hotel, located within the premises of the Olusegun Obasanjo Presidential Library, Abeokuta, Ogun State, and arrested 93 suspected internet fraudsters,…
NERC/EERC: Who has the power, and who pays?
By ABDULMALIK ISHOLA AND DAVID SEGUN-PETER There is nothing more Nigerian than a good “reform.” In the 2000s alone, Nigeria experienced reforms in policing, pensions, local government administration, and taxation—to mention a few. Occasionally, we even…