Customs Slaps Banks with Penalty for Late Revenue Remittance
The Nigeria Customs Service warns designated banks over delayed remittance of collected revenue. Defaulters face a penalty interest of 3% above NIBOR. Details inside.
Category : Search result: free trade agreement
EU-Mercosur Trade Deal Faces Crucial Vote
A landmark EU-Mercosur trade deal, 20 years in the making, faces a crunch vote. While promising a massive free-trade zone, it sparks fierce protests from European farmers fearing cheap imports. Read the full details.
EU-Mercosur Trade Deal Hits French, Italian Roadblock
A landmark EU-Mercosur trade deal faces a major setback as Italy and France demand more safeguards for farmers, casting doubt on a signing ceremony planned for this weekend in Brazil.
UNCTAD: 2025 Global Trade to Surpass $35 Trillion
UNCTAD projects global trade will exceed $35 trillion in 2025, driven by emerging markets. However, growth is expected to slow in 2026. Read the full analysis.
Nigeria Wins $285m Award Against TotalEnergies
A tribunal orders TotalEnergies to pay $285.2m to NNPC, closing a decade-long oil dispute. This landmark ruling redefines corporate accountability and contract enforcement in Nigeria's energy sector. Read the full analysis.
China Imposes 5-Year Anti-Dumping Duties on EU Pork
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 imposes 5-year anti-dumping duties on EU pork
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.
Trump Tariffs Hit Canadian Snowplow Exporter Hard
Arctic Snowplows, a Canadian manufacturer, faces uncertain times as US tariffs add $500 to its products, driving away American customers. Discover the impact of the trade war.
RCCG's N40m Free Bus Scheme Eases Lagos Commute
The Redeemed Christian Church of God has spent N40 million on its free bus-to-work programme, providing relief for Lagos and Ogun commuters. Read how this initiative is helping workers.
Lagos MSME Trade Fair Aims to Strengthen Grassroots Economy
Lagos State announces a week-long MSME trade fair to empower small businesses, foster economic inclusion, and create jobs. Event runs from December 8-14 at Surulere National Stadium.
DR Congo Peace Deal Signed, Implementation in Doubt
A new peace deal for DR Congo was signed in Washington, but intense fighting continues in the east. Can this agreement, focused on minerals and a ceasefire, bring lasting peace?
ASUU Accepts FG's 40% Salary Deal for Lecturers
Nigerian university lecturers are set for their most significant salary boost in over a decade as ASUU finalises a deal with the Federal Government. See the new salary structure and details of the agreement here.
Lady Regrets Renovating Shop After Landlady Rents It Out
A Nigerian lady is devastated after using her own money to renovate an uncompleted building into a shop, only for the landlady to rent it to another tenant. Read the full story and public reactions.
FIRS Explains 4% Levy, Says It's Not an Additional Tax
The FIRS clarifies that Nigeria's new 4% development levy consolidates existing charges, aims to simplify compliance, and boost investment. Learn how the tax reforms affect businesses and FTZs.
Costco Challenges US Tariffs in Court, Seeks Refund
US retail giant Costco sues the Trump administration, demanding a refund for tariffs paid on imports. The case challenges the legality of Trump's trade policy. Read the full story.
Common Sweetener Sorbitol Linked to Liver Disease
New research reveals sorbitol, a common sweetener in sugar-free gum and drinks, may trigger deadly liver disease by disrupting gut bacteria. Learn the risks.
Major Banks Back MMC 7.0 for Africa's Industrial Growth
Leading commercial banks unite behind MMC 7.0 to mobilize capital for African entrepreneurs. Join the event on Dec 4-5 in Lagos to unlock funding opportunities.
FCTA Provides Free HIV Testing for World AIDS Day
Federal Capital Territory Administration announces free HIV counseling and testing for World AIDS Day 2025. Symposium scheduled for December 2 in Abuja with theme 'Overcoming Disruption'.
Kano Free Trade Zone Hits N18.8b Revenue in 2025
Kano Free Trade Zone reports N18.8 billion revenue from Jan-Oct 2025, signaling growth in Nigeria's non-oil sector. Discover how this achievement boosts economic diversification.
Hashim's 2021 Defence Proposal Resurfaces Amid Crisis
Nigerians demand government adopt Olawepo-Hashim's 2021 defence cooperation strategy as US warns of worsening insecurity. Join the #HashimSecurityVision conversation.
Kebbi: Freed Maga Schoolgirls Not Sexually Abused
Kebbi State confirms 24 rescued Maga schoolgirls show no signs of sexual abuse after 8-day captivity. Medical reports confirm safety as parents reunite with children. Read the full story.
Customs Orders Mandatory Drug Test for Officers
The Nigeria Customs Service mandates drug tests for all new recruits and serving officers to ensure operational integrity and a drug-free institution. Read the full details.
China to Bid for Panama Canal Ports Construction
China plans to bid for building two new ports on the Panama Canal despite US concerns. The $8.5 billion project includes ports, gas pipeline and reservoir. Read more.
Free HPV Screening Launched in Nasarawa State
NAPHDA & Pathfinder International launch a free cervical cancer screening & HPV vaccination initiative in Nasarawa. Over 100 women to be screened. Protect your health today!
US-Nigeria Security Agreement to Fight Terrorism
Nigeria and United States establish security cooperation framework with intelligence sharing and defense equipment to combat terrorist groups. Joint Working Group to coordinate efforts.
Free Psychiatric Hospital Opens in Anambra, Rescues Patients
Zion Ministry's Seraphic Psychiatric Hospital begins full operations in Aguleri, providing completely free mental healthcare. First patients rescued from Anambra streets already receiving treatment.
Nigeria Champions Africa's $3.4 Trillion Single Market
Nigeria takes charge of Africa's $3.4 trillion AfCFTA single market. Minister Oduwole outlines strategy for economic growth, digital trade, and continental leadership. Act now to seize the opportunity!
2025 Lagos International Trade Fair Opens for Business
The 2025 Nigeria International Trade Fair is now open in Lagos, running from November 21-30. Discover West African business opportunities, workshops, and exclusive shopping deals.
EU urges US to cut steel tariffs in trade talks
The EU will press the US to implement their July trade deal, focusing on reducing 50% steel tariffs. High-level talks begin in Brussels. Read more.
Burna Boy Offers Free Coffee After Fan Sleeps at Show
Nigerian superstar Burna Boy surprises fans with free coffee stand at his concert days after viral video showed woman sleeping during performance. Mixed reactions flood social media.
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