Business

Nigeria should not import fuel, we have capacity to meet local demand —Dangote – Tribune Online

•Seeks legislative backing for Nigeria First Policy The Chairman and Chief Executive Officer of Dangote Industries Limited, Aliko Dangote, has criticized the crude oil supply practices of international oil companies, insisting that Nigeria has no justification to import crude oil...

Dangote refinery to supply 1.5 billion liters of gasoline per month – Tribune Online

•NMDPRA writes, engages marketers to stabilize fuel market •Invites NMDPRA to the refinery to monitor daily production DANGOTE Oil Refinery has announced plans to supply one and a half billion liters of Premium Motor Spirit (PMS) monthly to the Nigerian market...

TTP facilitates the entry of 900,000 trucks into Lagos ports between January and November 2025 – Tribune Online

Truck Transit Parks Limited (TTP), operators of the electronic hailing system also known as the Eto platform, said at the weekend that 900,000 trucks entered and exited Apapa and Tin-Can ports in Lagos between January and November 2025 using...

Nigeria’s high inflation erodes incomes, fuels continued poverty, warns World Bank chief – Tribune Online

World Bank Country Director for Nigeria Mathew Verghis said on Thursday that reducing inflation remains the most critical step to stabilize the economy, restore purchasing power and reverse rising poverty. In an interview on ARISE News on Thursday, Verghis warned...

Nigeria’s $46.7 billion foreign exchange reserves not built through loans – Cardoso – Tribune Online

Nigeria's external reserves have risen to $46.7 billion, the highest level in almost seven years, but unlike previous episodes of reserve accumulation, the Central Bank of Nigeria (CBN) says this increase was not driven by external borrowing. Rather, it...

New excise bill could undermine FG tax reform agenda, warns organized private sector – Tribune Online

The Organized Private Sector of Nigeria (OPS) has urged the National Assembly to withdraw proposed amendments to the Customs, Excise and Tariff Bill. OPS is made up of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA),...

FG signs AATB membership agreement to deepen regional trade and strengthen value chains – Tribune Online

Nigeria has formally joined the Arab Africa Trade Bridges (AATB) Program following the signing of a historic membership agreement on the sidelines of the fifth meeting of the AATB Board of Governors organized by the Federal Government in Abuja. The...

Stock market reverses earlier gains as investors lose N444.3 billion – Tribune Online

The Nigerian stock market returned to negative territory on Wednesday as sustained selling pressure, largely driven by year-end profit taking and portfolio rebalancing, dented investor sentiment. The benchmark NGX All-Share Index fell 0.49 percent to close at 143,064.57 basis...

We all face challenges, there is no undue advantage to owning a business in Nigeria —Chika Ndu – Tribune Online

Chika Ndu is the director of Lexpert Attorneys. She is a corporate commercial lawyer, chartered secretary and governance/compliance expert. In this interview with ROTIMI IGE, he talks about the complexities of having his own law firm in Lagos, his...

Share investors make N94.5 billion as market halts six-day losses – Tribune Online

The Nigerian stock market staged a modest recovery on Tuesday, snapping a six-day bearish streak as renewed interest in certain blue-chip and mid-tier stocks boosted overall performance. The NGX All-Share Index (ASI) inched up zero point one zero percent...

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Honda Capital’s financial platform helps Honda Group deepen its brand influence in the Nigerian automotive and motorcycle market.

  Synergy Between Digital Financial Services and Industry Drives Long-Term Growth Honda Capital Financial Platform (HCFP) is an emerging financial platform...