50 h. ago Mining Office Generates N6.95bn From Reforms, Digitisation In Q1

The Nigerian Mining Cadastre Office (MCO) has announced a revenue of over N6.95 billion for the first quarter of 2025, which it attributed to sweeping reforms, full digitisation, and a firm push for transparency in the solid minerals sector. Speaking in an interview with journalists in Abuja, Director General of MCO, Engr. Obadiah Simon-Nkom, said […]

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62 h. ago Atula unveils veterans’ blueprint to boost Nigerian wrestling

By Emma Njoku President of Veteran Wrestlers Association of Nigeria, Chief Morris Atula, has unveiled the association’s blueprint towards ensuring that Nigerian wrestlers rank among the best in the world. Atula, who is aspiring to be the next president of the Nigerian Wresting Federation, said veteran wrestlers have resolved to work with top officials of […] The post Atula unveils veterans’ blueprint to boost Nigerian wrestling appeared first on The Sun Nigeria.

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4 d. ago SEC begins tech adoption assessment for capital market operators

The Securities and Exchange Commission (SEC) has commenced a comprehensive technology adoption survey targeted at registered Capital Market Operators (CMOs), in a bid to boost innovation and efficiency within the Nigerian capital market. In a circular released on Wednesday, the Commission said the assessment aims to evaluate how extensively CMOs are embracing advanced technologies in […] The post SEC begins tech adoption assessment for capital market operators appeared first on The Sun Nigeria.

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7 d. ago Nigerian crude falls below FG’s $65 benchmark as OPEC boosts output

From Adanna Nnamani, Abuja Nigerian crude prices have slumped below the federal government’s benchmark of $65 per barrel. This comes as the Organisation of Petroleum Exporting Countries (OPEC) continues to raise production despite growing geopolitical uncertainties. Cargoes loaded with Nigerian crude recently remain unsold, highlighting a lack of interest from buyers and sellers in the […] The post Nigerian crude falls below FG’s $65 benchmark as OPEC boosts output appeared first on The Sun Nigeria.

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1 week ago Breweries post revenue gains despite plunge in beer consumption

By Chinwendu Obienyi Nigeria’s leading brewers may be celebrating impressive first-quarter revenues in 2025, but behind the rising figures lies a sobering reality: beer consumption is steadily dwindling. Despite International Breweries, Nigerian Breweries (NB) Plc and Guinness Nigeria recording strong double-digit revenue growth, Daily Sun’s analysis reveals that actual profitability took a hit in Q1 […] The post Breweries post revenue gains despite plunge in beer consumption appeared first on The Sun Nigeria.

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1 week ago Skales Reflects On Fresh Start As Hit Song “Shake Body” Gains Global Popularity

Nigerian musician Skales is relishing a career boost as his 10-year-old hit song “Shake Body” makes a notable return to the spotlight. The unexpected resurgence of the song is attributed to Barcelona’s emerging talent, Lamine Yamal, who was filmed dancing to “Shake Body” in a viral video, sparking renewed global interest in the track. In […] The post Skales Reflects On Fresh Start As Hit Song “Shake Body” Gains Global Popularity appeared first on Information Nigeria.

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1 week ago TotalEnergies Nigeria Records Revenue Decline, Loss In first Quarter

TotalEnergies Marketing Nigeria Plc has recorded N221.61 billion in revenue for the first quarter of 2025. This figure represents a year-on-year decline of 18 per cent when compared with the N269.84 billion posted in the first quarter of 2024. The company disclosed this in its financial results, which were made available as a corporate disclosure […]

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1 week ago Cement titans record N1.53trn revenue boost amid FX stability, surging demand

By Chinwendu Obienyi Nigeria’s cement industry has kicked off 2025 on a high note, recording a combined revenue surge of N1.53 trillion in the first quarter (Q1) of the year. This was fueled by strengthening naira, strong local demand and effective cost-saving strategies. The performance marks a sharp rebound from the currency-induced headwinds that dragged […] The post Cement titans record N1.53trn revenue boost amid FX stability, surging demand appeared first on The Sun Nigeria.

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1 week ago Ikeja Hotels’ earnings soars to N6.1bn as lodging demand rises

Ikeja Hotels Plc has recorded a 57 percent increase in revenue for the first quarter of 2025, driven by higher read more Ikeja Hotels’ earnings soars to N6.1bn as lodging demand rises

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2 w. ago Nigerian firms urged to improve governance to access capital

Nigerian businesses must strengthen their corporate governance structures to boost investor confidence and secure the much-needed capital, experts have said. read more Nigerian firms urged to improve governance to access capital

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2 w. ago Exchange Rate Volatility Affects Trade Patterns As Customs Generates N1.75trn

The Nigeria Customs Service (NCS) has announced a revenue generation of ₦1.75 trillion in the first quarter (Q1) of 2025, surpassing its quarterly target by ₦106.5 billion and marking a 29.96 per cent increase over the same period in 2024. However, the Service said its operations were not without challenges, particularly the volatility of exchange […]

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2 w. ago Nigeria Customs Generates N1.75trn In Q1 2025, Breaks Revenue Record

The Nigeria Customs Service (NCS) has reported a record-breaking revenue performance in the first quarter of 2025, raking in N1.75 trillion. The announcement was made during a press briefing in Abuja on Tuesday , where the Comptroller General of Customs, Bashir Adeniyi, attributed the impressive figures to sweeping reforms, increased surveillance, and enhanced digital operations. […] The post Nigeria Customs Generates N1.75trn In Q1 2025, Breaks Revenue Record appeared first on Information Nigeria.

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2 w. ago FG Generates N6.96bn From Mining Fees in Q1 2025 — Dele Alake

The Federal Government has reported significant progress in the mining sector, with revenues from mining fees hitting N6.96 billion in the first quarter of 2025. This was disclosed by the Minister of Solid Minerals Development, Dr Dele Alake, during the second Annual Mining Conference hosted by BusinessDay newspaper in Abuja. According to a statement from […] The post FG Generates N6.96bn From Mining Fees in Q1 2025 — Dele Alake appeared first on Information Nigeria.

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3 w. ago Customs generate ₦190bn, seize ₦10.2bn illegal goods in three months

The Nigerian Customs Service, Area 2 Command in Onne, Rivers State, said it generated over ₦190 billion in revenue during the first quarter of 2025. The Command revealed that during the period under review, its officers seized 20 containers of contraband items illegally imported into the country, valued at over ₦10.2 billion. The Customs Area Read More

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3 w. ago How Online Gambling Boosted Nigerian Revenue In The Last Quarter of 2024

Nigeria’s gross gaming revenue reached €675.1 million by the end of 2024, with the final quarter accounting for a significant portion of this total. The increase in revenue stemmed primarily from the growth of online gambling, supported by improved internet accessibility, mobile platform functionality, and streamlined digital payment solutions. These factors created an environment in […]

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