
Ruth Okwumbu
681 articles published since 06 Dec 2024
681 articles published since 06 Dec 2024
Nigeria's inflation rate increased to 24.23% in March 2025, but the World Bank projects that average inflation will decline, and provided reasons to back it.
The $100 surcharge is a special charge that will apply on all cargoes coming into Nigeria from China and two other countries, and will last till further notice.
Oil marketers are set to continue the fight for a space in the petroleum market, and have taken another delivery of petroleum products into their different depots.
The B'odogwu unified trade portal has been equipped with features that reduce processing time and make cargo clearance seamless. It is now live at Apapa port.
APM Terminals, Apapa port has given the breakdown in export volumes over the years, and explained the reasons behind the consistent growth in the numbers.
Despite market volatility and other challenges, the oil and gas sector enjoyed increased loans and advances from nine Nigerian banks, about N15.6 trillion in 2024.
The Nigeria Customs Service described the allegations as unfounded, insisting that it had laid down procedures that are strictly followed to dispose of seized goods.
The FCCPC ordered Discos to refund consumers for infrastructure investments, but despite increased tariffs, Discos say some customers will not get refunds.
The B'Odogwu system is a localised platform that is expected to reduce the documentation processes, and crash the time required for cargo clearance in Lagos ports.
Ruth Okwumbu
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