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Saturday, January 17, 2026

Economy

January 14, 2026

Tinubu govt sets up Nigeria’s gold refining plant in Lagos

A high-purity gold refining plant has commenced operations in Lagos, with three more still in the developmental stage in different parts of Nigeria.

Gold bars, Tinubu
January 14, 2026

Fire guts petrol station, tanker, others in Oyo community

The fire burnt down the RSK Adebowale Multipurpose Filling station, a petrol tanker, and a motorcycle at the Ofiki area in Saki.

Oyo fire service (Credit: Oyo Affairs)
January 13, 2026

World Bank projects steady global growth in spite of uncertainties

The report said growth in 2025 was supported by a surge in trade ahead of policy changes and rapid adjustments in global supply chains.

World Bank
January 13, 2026

Lithium, gold plants position Nigeria as Africa’s minerals hub: Alake

Mr Alake said the emerging plants were also positioning Nigeria as a critical global partner in minerals essential for the green energy transition.

Alake at Nigeria Gold Day Celebration event
January 13, 2026

Equities market records N1.7 trillion gain

Market capitalisation rose by 1.59 per cent, closing at N106.182 trillion from the N104.520 trillion recorded at the previous session.

Trading floor
January 13, 2026

Shippers’ council orders suspension of port charge increases nationwide

The NSC’s CEO said the recent port charge reviews were conducted strictly within the council’s statutory mandate as the Port Economic Regulator.

Badagry seaport
January 13, 2026

Technology-enabled banking, key to Nigeria’s $1 trillion GDP target, says FairMoney boss

FairMoney Microfinance Bank boss said technology-enabled banking helped to push formal financial inclusion to over 64 per cent in 2025.

Central Bank of Nigeria, CBN
January 13, 2026

Customs launches new procedure for duty-paid courier operations

Customs’ comptroller-general, Bashir Adeniyi, announced this in a statement.

Apapa Customs
January 13, 2026

Trump slams 25% tariff on Nigeria, other countries doing business with Iran

“Effective immediately, any country doing business with the Islamic Republic of Iran will pay a tariff of 25% on any and all business…,” said Mr Trump.

January 12, 2026

32 vessels to arrive Lagos ports with petroleum products, food items: NPA

The NPA, in its “Daily Shipping Position” on Monday, disclosed that the vessels are expected from January 12 to 30.

Vessels at Lekki