Business & Economy - Page 62

Experts have warned that Africa loses approximately 75 billion dollars annually due to biased credit ratings. They gave the warning at a two-day conference, held on Wednesday in Dakar, Senegal. The conference was organised by AfriCatalyst, the South African Institute of International Affairs (SAIIA), the United

The Minister of Foreign Affairs, Amb. Yusuf Tuggar, has reaffirmed Nigeria’s commitment to implementing far-reaching reforms in spite of the economic challenges. Tuggar, represented by the Permanent-Secretary, Ministry of Foreign Affairs, Amb. Dunoma Ahmed, disclosed this on Wednesday while briefing members of the diplomatic corps in

BY GBOGBOWA GBOWA The ComptrollerGeneral of Customs, Adewale Adeniyi, has reaffirmed the commitment of the Nigeria Customs Service to strengthening collaboration with the Customs Division of the Ghana Revenue Authority (GRA) in the fight against illicit trade, while promoting seamless trade facilitation

Global energy experts have underscored the growing role of Artificial Intelligence (AI), energy integration, and decarbonisation in driving industrial transformation amid shifting global dynamics. The experts made this known at the ongoing 2025 Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), in Abu Dhabi,

Nigeria’s generation companies say they have recorded losses estimated at N2.3 trillion due to electricity that could not be delivered to consumers as a result of persistent transmission grid limitations. The Gencos explained that although power plants have the capacity to produce

The Nigerian Ports Authority (NPA) says that 17 ships are being expected at Apapa and Tin-Can Island ports in Lagos from Nov. 3 to Nov 7. The NPA made this known on Monday in a document it published daily known as the

The Nigeria Customs Service (NCS) and the Ghana Revenue Authority (GRA) have expressed interest in forging a partnership to combat illicit trade by strengthening border control and intelligence sharing between the two countries. The organisations expressed this interest during a visit by

The African Continental Free Trade Area (AfCFTA) has expressed  support for the Customs-Partnership for African Cooperation in Trade (C-PACT) conference. The Secretary-General of AfCFTA, Wamkele Mene, gave the endorsement when a delegation led by the NCS Comptroller-General, Bashir Adeniyi, paid a courtesy

Chevron Corporation has excitedly reported record oil and gas production in the third quarter of 2025, driven by the integration of Hess Corporation assets and strong performance from core upstream regions including the Permian basin, Gulf of America, Kazakhstan, and Guyana. The

The 2025 Annual Directors’ Conference (ADC) of the Chartered Institute of Directors Nigeria (CIoD Nigeria) concluded in grand style at the Abuja Continental Hotel, marking yet another milestone in Nigeria’s corporate leadership and governance landscape. Themed “Leading Through Change: Building Sustainable and