Customs Approves $300 Duty-Free Import Limit to Boost Trade 

Adetutu A, The Insights 8 September 2025

The Nigeria Customs Service (NCS) has introduced a new $300 De Minimis Threshold policy for low-value consignments. Effective September 8, 2025, imported goods worth $300 or less brought in through courier services or passenger baggage will no longer attract import duties and taxes. This

NCS and NACCIMA Partner to Boost Trade and Ease Business in Nigeria 

Adetutu A, The Insights 25 August 2025

Nigeria Customs Service (NCS) The Nigeria Customs Service (NCS) has pledged to work more closely with the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) to improve trade facilitation, revenue generation, and border management in the country.  The assurance came from the Comptroller-General of Customs, Adewale Adeniyi, during a

UBA Launches N150m SuperSavers Promo to Drive Financial Inclusion 

Adetutu A, The Insights 25 August 2025

The United Bank for Africa (UBA) has unveiled the fifth season of its SuperSavers Promo, offering a total of ₦150 million in prizes. The nine-month campaign, running from September 2025 to May 2026, is designed to encourage Nigerians to embrace a culture of savings while giving customers the opportunity to win life-changing rewards.  At the […]

FirstBank Conference to Boost Agriculture and Non-Oil Exports in Nigeria 

Adetutu A, The Insights 14 August 2025

FirstBank has announced the 2025 edition of its FirstBank Agric and Export Conference, designed to strengthen Nigeria’s agriculture and non-oil export sectors. With the theme “The Fundamentals of Building a Non-Oil Export-Driven Economy”, the conference aims to help stakeholders tap into global trade opportunities and grow Nigeria’s economy beyond oil.  The event will

NITDA Invites Nigerians to Shape the Future of Digital Services Through New DPI Standards 

Adetutu A, The Insights 14 April 2025

NITDA is leading efforts to build a strong digital future by releasing draft standards for Digital Public Infrastructure. This step will improve digital services, ensure data privacy, and promote inclusion. Nigerians are encouraged to review and send feedback to help shape policies that benefit everyone.  NITDA’s New Step for Digital Growth The National Information

Lagos Reaffirms Commitment to Women Entrepreneurs’ Empowerment 

Adetutu A, The Insights 14 March 2025

Governor Of Lagos State, Babajide Sanwo olu The Lagos State Government has reiterated its dedication to empowering women entrepreneurs through targeted initiatives aimed at fostering financial independence and business sustainability.  Government’s Commitment to Women’s Economic Growth  At an empowerment programme held in Lagos on Thursday, stakeholders from

Lagos Empowers Women Entrepreneurs with Digital and Financial Growth Strategies 

Adetutu A, The Insights 13 March 2025

In a bid to strengthen female-led businesses, the Lagos State Government has announced plans to train women entrepreneurs in digital and financial growth strategies. This initiative is part of the activities lined up to celebrate International Women’s Day 2025.  Event Details and Focus Areas  The training, themed “Empowering Women, Elevating Businesses: Digital

Understanding the Market Forces Behind Petrol Price Reductions 

Adetutu A, The Insights 26 December 2024

Reduction in petrol prices by Dangote Refinery – insightsng This article explores the recent reduction in petrol prices by Dangote Refinery, emphasizing the role of market forces, the importance of local production, and lessons for Nigerians in building sustainable businesses and reducing reliance on imports.  The Role of Market Dynamics  The recent reduction in the

UBA Urges Entrepreneurs to Embrace Sustainable Business Practices 

Adetutu A, The Insights 22 November 2024

At The Event .photo credit: UBA Group The United Bank for Africa (UBA) has called on Nigerian entrepreneurs to adopt sustainable business models for long-term growth and survival in Nigeria’s tough economic climate.  Importance of Sustainability in Business  Speaking at UBA’s final quarterly business series in Lagos, keynote speaker Bolanle Austen-Peters

5 Key Business Tips for Nigerian Entrepreneurs 

Adetutu A, The Insights 21 October 2024

Starting and growing a business in Nigeria can be challenging, but with the right strategies, you can achieve success. Whether you’re launching a small venture or looking to expand an existing one, these five tips will help you navigate the business landscape.  1. Start Small, Think Big  Many successful businesses began with modest resources. Don’t […]