BUSINESS

Just In: Nigeria’s merchandise trade hits N38.9 trn in Q3 2025

Daily Dispatch December 11, 2025

Nigeria’s total merchandise trade surged to N38.9 trillion in the third quarter of 2025, marking a significant expansion in the nation’s trade activities. According to newly released official figures, the Q3 2025 trade value represents an 8.71% increase compared to the N35.8 trillion recorded

BUSINESS

Tinubu seeks NASS approval for 2026–2028 MTEF, FSP

Daily Dispatch December 11, 2025

President Bola Ahmed Tinubu has formally requested the National Assembly’s approval of the 2026–2028 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP), key documents that will guide the federal government’s fiscal policy and expenditure priorities over the next three years. The request was conveyed in a letter read by Deputy Senate President Barau

BUSINESS

FIRS signs strategic pact with France to modernise Nigeria’s tax administration

Daily Dispatch December 10, 2025

The Federal Inland Revenue Service (FIRS) has entered into a landmark cooperation agreement with the Government of France as part of efforts to upgrade Nigeria’s tax administration through enhanced digital systems, capacity building and strengthened cross-border tax enforcement. The pact, signed ahead of the agency’s formal transition into the Nigeria Revenue Service (NRS)

BUSINESS

Gov. Ododo unveils Kogi-Hunan FTZ with $500m FDI, 50,000 jobs projection

Daily Dispatch December 9, 2025

Kogi State Governor, Ahmed Usman Ododo, has led Chinese and international partners to unveil the Ajaokuta Economic City, a new Free Trade Zone (FTZ) projected to attract $500 million in annual foreign direct investment and create 50,000 jobs. Speaking at the stakeholders’ engagement held at the Transcorp Hilton in Abuja, Governor Ododo said the project […]

BUSINESS

Breaking: NNPC E&P Limited records highest output in 36 years, hits 355,000 bpd

Daily Dispatch December 9, 2025

NNPC E&P Limited (NEPL), the upstream arm of NNPC Limited, has achieved a historic production milestone, hitting 355,000 barrels of oil per day on December 1, 2025—its highest daily output since 1989. The breakthrough marks a major leap forward for Nigeria’s upstream industry and highlights the company’s accelerated transformation driven by stricter operational

BUSINESS

UBA Group shines at 2025 Banker Awards, named Africa’s Bank of the Year for the third time in five years

Daily Dispatch December 8, 2025

United Bank for Africa (UBA) Plc has once again solidified its position as one of Africa’s most innovative and resilient financial institutions, earning the prestigious title of Africa’s Bank of the Year 2025 from The Banker, a Financial Times publication. This marks the third time in five years that UBA has claimed the top continental […]