NMDPRA data reveals Nigeria imported over 1.3 billion litres of petrol in December 2025, even as Dangote Refinery supplied 992 million litres. Discover the details of the festive season supply surge and the ongoing price war.
Banditry and controversial food import waivers risk derailing a major $500m World Bank agricultural intervention in Nigeria's North West. State commissioners demand policy changes.
The Nigerian Ports Authority announces 32 vessels carrying petroleum products, food, and other goods are set to arrive at Lagos ports from Jan 12-30. Get the latest maritime updates.
Bible sales in the UK reached a record high in 2025, driven by young people exploring faith. Discover the role of social media and global trends in this spiritual revival.
Dangote Refinery denies supply breakdown with marketers, accuses former NMDPRA leaders of licensing excessive petrol imports in late 2025. IPMAN supports local refinery capacity.
Sixteen ships carrying petrol, diesel, and aviation fuel have arrived at Lagos ports. Meanwhile, the Apapa Customs Command announced a record N2.93 trillion revenue for 2025, a 24.32% increase.
CORAN reveals Nigeria's fuel import costs doubled to N15.4 trillion in 2024, undermining billions in local refinery investments. Urgent policy shift needed to support domestic refining capacity and retain forex.
Nigerian banks closed 229 physical branches in 2024 as digital banking booms. PoS transaction volume jumped 33%, while 1.8 million operators face a registration deadline. Discover the full story of Nigeria's banking transformation.
Ghana's Tema Oil Refinery is back online after years of inactivity, operating at 28,000 bpd. This could reduce its reliance on imports from Nigeria's Dangote Refinery, its top 2025 supplier. Explore the shifting energy dynamics in West Africa.
The NCAA clarifies the surge in December airfares, blaming market forces and high demand, not government taxes. Read the full explanation and industry reactions here.
Tin Can Island Port Customs generated N1.57 trillion, exceeding its annual target by N51.8 billion, driven by a surge in used vehicle imports. Read the full report on the revenue feat.
The Nigerian government announces a mandatory vehicle recycling fee starting 2026 to tackle abandoned cars and formalise the auto recycling sector, projecting over ₦150bn in annual revenue.
The Bank of Japan has increased interest rates to a three-decade high of 0.75% to combat persistent inflation, partly driven by soaring rice prices. Get the full details on this major economic shift.
Hundreds of farmers and over 150 tractors clogged Brussels streets, protesting the EU-Mercosur trade pact they fear will flood Europe with cheaper South American goods. Read the full story on the high-stakes summit clash.
Nigerian Ports Authority records a massive 1,085% surge in export containers and 33.52 million metric tonnes cargo throughput in Q3 2025, driven by President Tinubu's export-focused economic policies. Read the full analysis.
China has imposed final anti-dumping duties on EU pork imports for five years, at reduced rates. The move follows trade tensions and an investigation into harm to China's domestic industry. Get the full details.
China announces five-year anti-dumping duties on EU pork imports, effective Dec 17. Rates are 4.9% to 19.8%, lower than previous temporary tariffs. Read the full trade dispute analysis.
In Vietnam's recycling villages, workers face severe health risks from toxic pollution while processing 1.8 million tonnes of plastic waste annually. Discover the hidden cost of the global waste trade.
The European Union has struck a landmark deal to end all imports of Russian gas by 2027. Get the full timeline and details on this major energy shift.
The European Union has agreed to ban all Russian gas imports by 2027, aiming to cut off funds for Moscow's war. Discover the timeline and implications for energy security.
A man, his wife, and three children died in a Katsina fire. The blaze, linked to a power surge, destroyed their home. Read the full report and community reactions.
Dangote Refinery is saving Nigeria over N10 billion annually in foreign exchange by replacing fuel imports with locally refined products. Discover how this impacts Nigeria's economy.
Major Nigerian filling stations slash petrol prices below NNPC rates as imports surge. Discover how this impacts consumers and market competition.
Nigerian customs agents report system slowdowns during peak import season, threatening supply chains. The NCS attributes issues to user-specific problems, urging traders to use help desks.
Delayed data reveals US imports fell 5.1% to $340.4 billion in August as Trump's new tariffs hit trading partners. Trade deficit narrowed to $59.6 billion. Read the full analysis.
Ukraine secures vital US LNG imports through Greece's Trans-Balkan pipeline as EU plans Russian gas ban by 2027. Zelensky announces January deliveries amid ongoing energy security challenges.
Ukraine signs historic agreement with France for 100 Rafale warplanes to strengthen air defence against Russian attacks. Zelenskiy calls it 'greatest air defence in the world'.
One dead, six injured in stampede at Defense Minister Bello Matawalle's Gusau residence. Security deployed, investigation launched into crowd control failure. Read full details.
Mexico's massive car industry fears US tariff war will disrupt essential Chinese parts supply, threatening a key export sector. Learn how this impacts global trade.
Dangote Refinery's latest ₦49 petrol price reduction forces marketers to suspend imports. Learn how this reshapes Nigeria's fuel market and potential impacts on supply.