Wednesday, October 7, 2026

Economy

August 20, 2026

40 vehicle assembly plants now operational in Nigeria, says NADDC 

The National Automotive Design and Development Council (NADDC) says nearly 40 vehicle assembly plants are currently operational nationwide.

A vehicle assembly plant in Nigeria
August 20, 2026

12 ships laden with petroleum products, other commodities arrive Lagos ports

About 12 ships have arrived at Lekki, Tin-Can and Apapa ports in Lagos, waiting to discharge petrol and other commodities.

Cargo ship used to illustrate the story
August 20, 2026

India leads coconut production with 31% of global output

India produced more than 20.3 billion coconuts in 2024–2025 across approximately 2.19 million hectares, with average productivity reaching 9,249 nuts per hectare.

A heap of coconuts
August 20, 2026

Nigerian national Akinpelumi Oyewusi convicted of wire fraud, identity theft in U.S.

Akinpelumi Olawale Oyewusi, 60, of Hyattsville, Maryland, is charged with wire fraud conspiracy and aggravated identity theft in connection with the white-collar crime.

August 20, 2026

Women in business, politics summit to honour 10 Nigerian women

Ten Nigerian women from business, politics and other fields are set to receive honours at the Women in Business and Politics Summit 2026 in Abuja.

Natasha Akpoti-Uduaghan
August 20, 2026

ACCI seeks strong reforms to revive moribund enterprises

ACCI says credible regulation and private-sector partnerships are critical to restoring Nigeria’s moribund enterprises and productive economy.

Abuja Chamber of Commerce and Investment
August 20, 2026

FAAN clarifies ban on Bolt, Uber at Nigerian airports

The Federal Airports Authority of Nigeria (FAAN) says it has not imposed a blanket ban on e-hailing services such as Uber and Bolt at the nation’s airports.

Uber, Bolt
August 20, 2026

YouTube offers millions of dollars to creators to edge out Netflix

YouTube has moved to offer millions of dollars to selected top creators in exchange for exclusivity on the platform to edge out Netflix.

YouTube, Netflix
August 20, 2026

Tinubu govt looted fuel subsidy funds, I’ll restore policy if elected president: Atiku

“Where is the money? They stole it. I will return fuel subsidy. The big thing was that they removed the subsidy, but where is the money?” stated Mr Abubakar.

Former Vice-President Atiku Abubakar
August 19, 2026

Apapa customs record N28 billion in single-day revenue

He attributed the latest milestone to sustained reforms and improved compliance. 

Nigeria Customs Service (NCS)