Business and economic news
Apapa Customs and the Western Naval Command say they are deepening coordination to secure the maritime corridor, improve cargo movement and support stronger national revenue and economic outcomes.
NCDMB, Radisson and Edison signed an international management agreement for a 204-room hotel and conference centre in Yenagoa, with NCDMB targeting completion in December.
The Central Bank of Nigeria has increased the country’s gold reserves to $3.5 billion after receiving locally sourced bullion refined to LBMA standards under the National Gold Purchase Programme.
Governor Caleb Mutfwang said Plateau has released 70 transformers for communities and completed mobilisation for a 132KVA transmission line, as the state targets better supply, fewer outages and stronger local economic activity.
Adron Homes says its Easter Fiesta offers a 30 per cent discount and up to 36 months payment across multiple Nigerian estates to widen access to land ownership.
Union Dicon Salt Plc said it has been unable to contact Aims Limited, its 40 per cent shareholder, despite repeated attempts, and asked the investor to reach the company at its Lagos office.
Tantalizers Plc posted a N72 million profit after tax for 2025, reversing a N265 million loss in 2024 as revenue growth and new investments in entertainment and fisheries supported recovery.
Ogun State says Women Affinity Group formation has increased under the Nigeria for Women Programme Scale-Up, with officials reporting 852 groups in Ijebu-Ode and 777 in Ado-Odo/Ota during implementation review meetings.
DICON-D7G says a new military jetty near Tin Can Island will speed up defence logistics, cut import costs and support local assembly of rifles, drones and armoured vehicles while creating thousands of jobs.
CleanAce Foundation & Academy and FPDA are calling for faster professional standards, certification and modern training across Africa’s dry-cleaning industry as National Dry Cleaning Day spotlights jobs, skills and sustainability.
NERC says new enforcement and reconnection procedures are aimed at reducing meter tampering and illegal connections while protecting compliant customers and improving supply reliability.
Policy analysts say visa restrictions and weak intra-African air links are undermining trade, excluding many women from cross-border opportunities, and reducing the economic upside Nigeria expects from AfCFTA.
