Economy
Economy

Customs PTML command generates N90.2bn in Q1 2025

By Our Correspondent Lagos, April 16, ’25 (TNZ) The Nigeria Customs Service (NCS), PTML Command, says it generated N90.2 billion in the first three months of this year. TheNewsZenith reports that the Area Controller, Comptroller Tenny Daniyan, announced this during a management meeting held in Lagos on Tuesday. Daniyan said the first quarter revenue exceeded that of […]

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Business General

Dangote on Forbes billionaires list, proof of prosperity – TMSG

From Our Correspondent Lagos, April 15, ’25 (TNZ) The Tinubu Media Support Group (TMSG) has described the presence of four Nigerian entrepreneurs on the 2025 Forbes list of Africa’s 22 wealthiest individuals as proof of prosperity in the land. TheNewsZenith reports that TMSG gave the view in a statement signed by its Chairman Emeka Nwankpa […]

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Oil & Gas Transportation

Nigeria attracts $491m investment, creates 84,000 jobs — PCNGI

From Our Correspondent Abuja, April 8, ’25 (TNZ) The Presidential Compressed Natural Gas Initiative (PCNGI) says it has created 84,000 jobs with one year in operation. TheNewsZenith reports that Mr Michael Oluwagbemi, National Coordinator of PCNGI, announced this to newsmen on Monday in Abuja. Oluwagbemi also said the initiative has also attracted over $491 million […]

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Economy Maritime

10 shipping firms get $350m NCMDB intervention Fund

By Our Correspondent Lagos, April 4, ’25 (TNZ) No fewer than ten local shipping firms have accessed the Nigerian Content Development and Monitoring Board’s (NCDMB) $360 million credit facility, domiciled at the Bank of Industry (BOI), on a single-digit interest rate. TheNewsZenith reports that the Executive Secretary of the board, Mr Felix Ogbe, announced this […]

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Economy Food Processing Industry

BUA Foods fixes  AGM for Sept. 25, declares N13 dividend

By Our C orrespondent Lagos, April 1, ’25 (TNZ) BUA Foods Plc. has fixed Sept. 25 for its Annual General Meeting (AGM) at Transcorp Hilton Hotel in Abuja. TheNewsZenith reports that the company announced this in a corporate filing with the Nigerian Exchange Ltd. on Tuesday. It has also approved the payment of a final […]

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Economy National

More allocation: Take sub-national governments to account – TMSG

By Abdulfatah Babatunde Lagos, March 28, ’25 (TNZ) The Tinubu Media Support Group (TMSG) say it is optimistic that all tiers of government will get more federal allocations in 2025, following the disbursement of N1.7 trillion for January. The group said this affirms President Bola Tinubu’s position on the successful deployment of his administration’s economic […]

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Economy Security

NCS seizes N1.72bn contraband in one month

By Our Correspondent Lagos, March 27, ’25 (TNZ) The Federal Operations Unit (FOU), Zone A, Ikeja, of the Nigeria Customs Service (NCS) announced it intercepted contraband worth N1.72 billion from smugglers in one month. TheNewsZenith reports that the Zonal Controller, Comptroller Kola Oladeji, announced the seizure at a media briefing in Lagos. Oladeji said the […]

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Economy Oil & Gas

NLNG to improve domestic LPG supply in Nigeria

By Our Correspondent Lagos, March 23, ’25 (TNZ) The Nigerian Liquified & Natural Gas (NLNG) says it is committed to working with its stakeholders to improve operational efficiency in its domestic Liquefied Petroleum Gas (DLPG) supply. TheNewsZenith reports that this renewed commitment is contained in a statement issued at the weekend by Dr Sophia Horsfall, General Manager, […]

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Economy General

TMV praises $17bn FDI in Nigeria’s oil sector in 2024

By Abdulfatah Babatunde Lagos, March 15, ’25 (TNZ) The Tinubu Media Volunteers (TMV) has commended the inflow of $17 billion Foreign Direct Investments (FDI) in the oil and gas industry in 2024 as a phenomenal feat that will help jumpstart the economy. TheNewsZenith reports that the Nigerian National Petroleum Company Ltd (NNPCL) recently announced the […]

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Economy General Security

NCS trains officers, stakeholders on automated transire process

By Our Correspondent Lagos, March 10, ’25 (TNZ) The Nigeria Customs Service (NCS), Zone A has begun engaging officers and stakeholders in sensitising them on its new automated transire process (ATP). TheNewsZenith reports that this is in a bid to ensure smooth and seamless cargo transit operations. The engagement took place at the Apapa Customs […]

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