Customs Intercepts Contraband Worth N10bn The Nigeria Customs Service (NCS) on Monday said it intercepted 16 containers carrying contrabands, including arms and expired pharmaceuticals, among others. The Comptroller-General of Customs, Adewale Adeniyi, stated this while showcasing the seized containers to journalists in Apapa. He explained that the importation of the containers violates laws and threatens

A fixed deposit account in Nigeria lets you place a lump sum with a bank or licensed institution for a set period and earn more than a regular savings account.  Returns are predictable and risk is relatively low, which is helpful in an economy facing inflation and currency swings. Rates and terms change often, so

Comfort Emmanson, the passenger accused of assaulting airline officials on an Ibom Air flight from Uyo to Lagos, has been charged to court and remanded at the Kirikiri Correctional Centre in Lagos. Tunde Moshood, special adviser on media and communications to the Minister of Aviation and Aerospace Development, Festus Keyamo, confirmed the development in a

India’s state refiners are lining up fresh cargoes of Nigerian crude for September and October. At the same time, Dangote refinery in Lagos is importing sizable volumes of U.S. oil to run its units during ramp-up. It sounds like a contradiction, but there are clear commercial reasons on both sides and real implications for prices

Studying in America is expensive. A simple part-time job can ease the pressure, build your résumé, and help you meet people. If you have an F-1 visa, you can usually work up to 20 hours per week on campus during the semester and full-time in official breaks. Off-campus work needs permission (like CPT/OPT or special

The West African Examinations Council (WAEC)’s recent decision to review and adjust the 2025 West African Senior School Certificate Examination (WASSCE) results has sparked a wave of mixed reactions across the country. BusinessDay findings show that while some stakeholders welcome the move as a step toward greater transparency and accuracy, others have raised concerns about

...But policy now broader, local When Nigeria floated the naira in mid-2023 and ended its decades-long fuel subsidy, economists called it bold. Investors called it overdue. However, ordinary Nigerians called it familiar, painfully. For many, the current reform agenda feels like a revival of the Structural Adjustment Programme (SAP) of 1986. Then, as now, the

Nigeria’s non-oil exporters are changing tactics by adding value to their products, pushing their earnings to a five-year high in 2025. Apart from value-addition, there is an also increase in demand for some of the nation’s products such as cocoa, shoes and other food products in various parts of the world. A half-year analysis of

As Nigeria marches toward the 2027 general elections, political alignments and rivalries are hardening. The contest for who will occupy Aso Rock has intensified, with key opposition figures coalescing in a bid to unseat President Bola Ahmed Tinubu. But beyond party affiliations and personalities, a more complex issue looms large over the race: the controversial

Foreign direct investment (FDIs) into the agricultural sector surged to its highest in four years, driven by a surge in the livestock subsector. Food sector’s FDI rose by over 1,000 percent to $24.25 million (N3.7 trillion) in the first quarter (Q1) of 2025 from $1.76 million (N268.6 billion) in the corresponding quarter of 2022, according

The Outspoken Diasporan Challenging Nigeria By Bilkisu Ahmed Shekarau When we learned that a “global political analyst” and well-known critic of Nigeria and Africa was visiting PRNigeria, curiosity took over. As interns, we immediately turned to the internet and social media to understand the man behind the reputation. That man was Mr. Ejike Uche Okpa—better

The North’s Chance to Drive Nigeria’s Economic Turnaround By Umar Farouk Bala, In June, President Bola Tinubu signed into law what may be the most quietly consequential fiscal change in Nigeria’s recent history — a reform of the Value Added Tax (VAT) system. It came without fanfare. No political rallies. No trending hashtags. But buried