AfDB’s $500 Million Loan: How Nigerians Can Benefit from the Support 

Adetutu A, The Insights 8 October 2025

The African Development Bank (AfDB) has announced a $500 million loan to Nigeria as part of a broader $1 billion programme aimed at supporting economic and power sector reforms. The funding is designed to strengthen the government’s budget, promote infrastructure development, and boost energy

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 excludes items on the prohibited or restricted list.  According to the […]

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

US Reaffirms Support for Nigeria’s Economic Growth and Citizen Empowerment 

Adetutu A, The Insights 6 August 2025

The United States government has once again pledged its support to help Nigeria achieve broad-based economic development and improve the lives of its citizens. This commitment was made during a high-level meeting held in Abuja between the US Consul General, Mr. Richard Swart, and Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. […]

Tinubu Launches NCGC with ₦100 Billion to Boost MSMEs and Access to Finance in Nigeria 

Adetutu A, The Insights 30 May 2025

President Bola Ahmed Tinubu President Bola Ahmed Tinubu has established the National Credit Guarantee Company Limited (NCGC) with an initial capital of ₦100 billion. This move is set to transform Nigeria’s financial landscape by improving access to credit for Micro, Small and Medium Enterprises (MSMEs), manufacturers, and even consumers.  Why the NCGC Matters 

Stanbic IBTC and Orange Corners Nigeria Join Forces to Empower Young Entrepreneurs 

Adetutu A, The Insights 27 May 2025

Stanbic IBTC Bank has partnered with Orange Corners Nigeria, an initiative of the Kingdom of the Netherlands, to support young entrepreneurs across the country. Orange Corners Nigeria is implemented locally by the Fate Foundation and has been active since 2019, providing training, mentorship, and access to funding for youth-led businesses.  This partnership aims to

Nigerian FMCG Leaders Urged to Focus on Quality and Innovation 

Adetutu A, The Insights 7 May 2025

At the 6th Industry Summit held at the Chartered Institute of Bankers House in Victoria Island, Lagos, experts urged Nigeria’s Fast-Moving Consumer Goods (FMCG) companies to focus more on quality, health-conscious products, and sustainability to remain competitive. The event, championed by brand expert Goddie Ofose, was themed “Understanding Changing Consumer Preferences

NADDC’s End-of-Life Vehicle Regulation to Create 40,000 Jobs and Boost Sustainability 

Adetutu A, The Insights 6 March 2025

DG Of The National Automotive Design and Development Council (NADDC), Joseph Osanipin The National Automotive Design and Development Council (NADDC) has launched the End-of-Life Vehicle (ELV) regulation to create jobs, promote a circular economy, and protect the environment. The initiative, unveiled in Lagos by NADDC Director-General Joseph Osanipin and Minister of State