•Used vehicles Nigeria’s importation of used vehicles rose by 91.92 per cent to N249.84bn in the first quarter of 2026, amid the federal government’s intensified efforts to tighten controls on vehicle imports through a new mandatory certification regime. Data from the National Bureau of Statistics’ Foreign Trade in Goods Statistics for Q1 2026...
•An oil platform Nigeria’s ambition to raise crude oil production has received a boost from the growing contribution of newly introduced crude grade streams, Utapate and Cawthorne. The crude grades, introduced in 2024 and early 2026, represent the latest additions to the country’s basket of crude oil grades aimed at expanding export streams an...
Stakeholders operating within the Lekki Deep Seaport corridor have resolved to take decisive steps to eliminate the persistent traffic gridlock that has plagued the access roads leading to the port and adjoining industrial facilities for over a year. The resolution was reached during a strategic stakeholders’ meeting convened by the Nigerian P...
•Stock market The equities market reversed its winning streak yesterday, closing the week on a negative note as investors lost N73 billion. The market traded for four days this week following the federal government’s declaration of today, Friday, June 12 as a public holiday. The downturn was driven by sustained sell-offs in banking and insuran...
The Aviation Ground Handlers Association of Nigeria (AGHAN), the umbrella body of ground handling companies in the country, has suspended ground handling services to Max Air over debt. The action, which took effect today, effectively grounded the airline’s domestic operations nationwide, marking the first major enforcement move by the associat...
•Naira and Dollar notes Data from the Central Bank of Nigeria’s exchange rate portal, Nigerian Foreign Exchange Market (NFEM), showed that the naira rate remained around the ₦1,360 per dollar mark in recent trading sessions. The NFEM rate remains the country’s official benchmark exchange rate and is derived from volume-weighted transactions in...
The federal government through the Nigeria Revenue Service (NRS) has unveiled its digital tax administration platform, Rev360, to identify tax evaders, while also delivering a more integrated, intelligent, and taxpayer-centric tax administration experience. Speaking at the event in Abuja yesterday, the Executive Chairman of the Nigeria Revenue...
•Okon Engr. Effiong Okon is one of Nigeria’s most accomplished energy industry professionals, with more than three decades of experience spanning engineering, offshore operations, project management, business transformation, and energy transition. His appointment as the incoming Chief Executive Officer of Seplat Energy, effective August 1, 202...
•An aso-oke dealer displays finished aso-oke The Manufacturers Association of Nigeria (MAN) has called for stakeholder engagement over the Senate’s proposal to ban the import of textile materials. MAN’s Director-General, Segun Ajayi-Kadir, suggested this during an interview on Channels Television today. “I want to appeal to the National Assemb...
•Bags of charcoal Many households now turn to charcoal, an alternative that is increasingly becoming expensive as demand grows. Across several states, including Kaduna, Kano, Ondo, Kwara and the Federal Capital Territory (FCT, among others, residents say they are struggling to cope with the soaring cost of both cooking gas and charcoal. Consum...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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