The Western Ports Police Command has intervened in a dispute between the Committee of Maritime Transport Unions and Associations (COMTUA) and the Lagos State Trucks and Cargo Operators Committee (LASTCOC)
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The Western Ports Police Command has declared revenue collection and ticket sales along the Apapa and Tin Can Island port access corridors illegal amid a dispute between two transport groups.
Nigeria and Indonesia’s bilateral trade has consistently exceeded $3bn annually, Indonesian Ambassador to Nigeria, Bambang Suharto, has disclosed. Suharto made the disclosure on Tuesday night at a reception in Abuja
Liquidity in Nigeria’s banking system has surged to N8.84 trillion ahead of the settlement of the Central Bank of Nigeria’s latest Open Market Operation bills, raising expectations of a major
The Taraba State House of Assembly has received a proposed N148.26 billion supplementary budget from Governor Agbu Kefas for consideration and approval. The proposal, contained in an executive communication forwarded
Transactions in Nigeria’s foreign exchange market rose by 11 per cent to $2.63 billion in the week ended September 25, signalling increased activity across the market. The increase covered both
Africa’s richest man, Aliko Dangote, has said he is prepared to face legal challenges to his businesses and could reduce his ownership of the Dangote Petroleum Refinery to as little
Africa’s richest man, Aliko Dangote, has announced plans for a $16 billion refinery in Kenya with a proposed processing capacity of 700,000 barrels of crude oil per day. The refinery,
Nigeria’s net foreign exchange inflow rose by 36.5% year-on-year to $33.76 billion in the first five months of 2026, up from $24.72 billion recorded in the same period of 2025.
Guaranty Trust Holding Company Plc (GTCO) recorded N603.03 billion in Group profit before tax (PBT) in the first half of 2026, driven by growth in interest and trading income. The