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Nigeria Suspends 4% FOB Levy on Imports 

The Federal Government has suspended the controversial 4% Free on Board (FOB) levy previously imposed on all imports into Nigeria. The move comes after widespread pushback from businesses, trade associations, and industry stakeholders who argued that the levy would increase the cost of goods and stifle economic activity.  The suspension is seen as a major […]

Nigeria Trains Agencies and Businesses on AfCFTA Rules 

The Federal Government has taken steps to prepare Nigerians for the benefits of the African Continental Free Trade Area (AfCFTA) by organizing an advanced workshop on the Rules of Origin. The training, held in Abuja, brought together trade agencies and members of the Organised Private Sector to deepen knowledge about how businesses can take advantage […]

Invest in Nigeria: LCCI and Partners Call on Global Investors 

The Lagos Chamber of Commerce and Industry (LCCI) The Lagos Chamber of Commerce and Industry (LCCI) has urged global investors to explore Nigeria’s vast opportunities in technology, agribusiness, renewable energy, and infrastructure. Speaking at the Invest Nigeria 2025 International Business Conference and Expo, LCCI President, Gabriel Idahosa, highlighted Nigeria’s

FG Opens N200bn Bond Auction

The Federal Government, through the Debt Management Office (DMO), has announced a new ₦200bn bond auction aimed at encouraging Nigerians to invest and earn steady returns. The auction will take place on Monday, with settlement on Wednesday.  Details of the Bond Offering  According to the DMO, the auction will feature:  Reopening of the June 2032 […]