Business Archives - Green Horizon News

Customs Releases Trucks After CGC Intervention at Lagos Bonded Terminal

July 24, 2026

The Customs releases trucks operation has brought relief to dozens of transport operators after the Nigeria Customs Service (NCS) freed 36 trucks impounded during an investigation into alleged trade infractions at Zarmmak Bonded Terminal in the Amuwo Odofin area of Lagos. The trucks, owned by members of the Association of Maritime Truck Owners (AMATO), had...

Engineers Advocate Stronger Engineering Cost Control for Better Project Delivery

July 24, 2026

Engineering professionals have urged public and private sector stakeholders to adopt stronger engineering cost control measures to improve project execution, eliminate waste and ensure better value for infrastructure investments across Nigeria. The call was made by members of the Institute of Appraisers and Cost Engineers (IACE) during the institute’s 2026 National Technical Conference held in...

SEC Launches Nationwide Campaign to Help Nigerians Recover Unclaimed Dividends

July 17, 2026

The Securities and Exchange Commission (SEC) has begun a nationwide public awareness campaign aimed at helping Nigerians recover unclaimed dividends and other outstanding funds linked to capital market transactions. The initiative was officially launched during a town hall meeting held in Lagos, where the Commission outlined plans to educate investors on how to verify and...

BoI Secures €60m EIB Facility to Boost Cocoa Value Addition, Dairy Processing

July 17, 2026

The Bank of Industry (BoI) has secured a €60 million credit facility from the European Investment Bank (EIB) to accelerate cocoa value addition and strengthen Nigeria’s dairy industry through increased local processing and manufacturing. The financing package was announced by the Managing Director and Chief Executive Officer of BoI, Dr. Olasupo Olusi, during the Africa...

Nigeria External Reserves Rise to $52bn, Net Reserves Surpass $40bn – CBN

July 17, 2026

The Central Bank of Nigeria (CBN) has announced that Nigeria external reserves have climbed to approximately $52 billion, while the country’s net external reserves have exceeded $40 billion, marking a significant improvement attributed to ongoing economic reforms. CBN Governor Mr. Olayemi Cardoso disclosed the figures during a fireside discussion with BusinessDay Chief Executive Officer, Mr....

Stanbic IBTC, Abia Government Join Forces to Accelerate MSME Growth

July 15, 2026

The bank restated this commitment during its Nigeria Business Summit Regional Tour held in Aba, where it collaborated with the Abia State Government to provide entrepreneurs with business development opportunities, funding guidance and enterprise support services. The regional summit featured a range of programmes designed to equip entrepreneurs with practical tools for growth. Participants benefited...

Nigeria, Benin Customs Deepen Border Security Partnership with Geospatial Technology

July 15, 2026

Nigeria and the Republic of Benin have strengthened efforts to improve Nigeria Benin border security through the deployment of geospatial technology aimed at enhancing surveillance, combating cross-border crimes and promoting legitimate trade between both countries. The renewed collaboration was showcased during a bilateral meeting held at the ECOWAS Conference Hall of the Seme-Krake Joint Border...

Nigeria Gas Flaring Cuts 3,100GWh Power Potential, Threatens 2030 Gas Economy

July 15, 2026

Nigeria’s drive to become a gas-powered economy by 2030 is facing renewed scrutiny after fresh data revealed that persistent Nigeria gas flaring activities deprived the country of an estimated 3,100 gigawatt-hours (GWh) of electricity generation potential in May 2026. The development comes despite years of government efforts to promote gas utilisation under the Federal Government’s...

Dangote Cement Raises Dividend to N45 Per Share After Strong 2025 Results

July 6, 2026

Dangote Cement Plc has approved a record dividend payout of N45 per share for the 2025 financial year, representing a 50 percent increase from the previous N30 per share and reinforcing its commitment to rewarding investors. The Dangote Cement dividend increase translates to a total distribution of approximately N753.8 billion, making it the largest dividend...

EBRD Targets $1.5bn Nigeria Investment to Boost Private Sector Growth

July 6, 2026

Nigeria is set to attract stronger international investment after the EBRD Nigeria investment programme outlined plans to channel at least $1.5 billion into the country over the next three years. The commitment reflects growing confidence in Nigeria’s private sector and expanding investment opportunities as the European Bank for Reconstruction and Development (EBRD) deepens its presence...

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Oshiomhole Attacks Obi, Says Four Years Not Enough to Transform Nigeria

July 28, 2026

Former Edo State Governor and Senator Adams Oshiomhole has criticised the 2027 presidential ambition of Nigeria Democratic Congress (NDC) candidate Peter Obi, describing his promise to transform Nigeria within a single four-year term as unrealistic and driven by desperation. Speaking on Obi’s campaign promises, Oshiomhole questioned the former Anambra governor’s political consistency, arguing that his...

SERAP Drags NNPCL to Court Over Unexplained ₦211 Trillion Entries

July 26, 2026

The Socio-Economic Rights and Accountability Project (SERAP) has instituted legal proceedings against the Nigerian National Petroleum Company Limited (NNPCL) over what it describes as the company’s failure to properly explain ₦211 trillion recorded in its 2023 audited financial statements. The lawsuit, filed before the Federal High Court in Abuja, challenges financial entries listed as “Sundry...

Troops Rescue Five Relatives as Search for Abducted Zamfara LG Chairman Intensifies

July 26, 2026

Security forces have intensified efforts to rescue the Zamfara LG chairman, Hon. Nura Umar Abdullahi, after suspected terrorists abducted him during an overnight attack on his residence in Bungudu Local Government Area of Zamfara State. The Joint Task Force (North West), operating under Operation Fansan Yamma, confirmed in a statement issued on Saturday that the...

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Oshiomhole Attacks Obi, Says Four Years Not Enough to Transform Nigeria

SERAP Drags NNPCL to Court Over Unexplained ₦211 Trillion Entries

Troops Rescue Five Relatives as Search for Abducted Zamfara LG Chairman Intensifies

Kwankwaso Breaks Silence on Peter Obi’s One-Term Promise Ahead of 2027

Latest News

Customs Releases Trucks After CGC Intervention at Lagos Bonded Terminal

Engineers Advocate Stronger Engineering Cost Control for Better Project Delivery

SEC Launches Nationwide Campaign to Help Nigerians Recover Unclaimed Dividends

BoI Secures €60m EIB Facility to Boost Cocoa Value Addition, Dairy Processing

Nigeria External Reserves Rise to $52bn, Net Reserves Surpass $40bn – CBN

Stanbic IBTC, Abia Government Join Forces to Accelerate MSME Growth

Nigeria, Benin Customs Deepen Border Security Partnership with Geospatial Technology

Nigeria Gas Flaring Cuts 3,100GWh Power Potential, Threatens 2030 Gas Economy

Dangote Cement Raises Dividend to N45 Per Share After Strong 2025 Results

EBRD Targets $1.5bn Nigeria Investment to Boost Private Sector Growth

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Oshiomhole Attacks Obi, Says Four Years Not Enough to Transform Nigeria

SERAP Drags NNPCL to Court Over Unexplained ₦211 Trillion Entries

Troops Rescue Five Relatives as Search for Abducted Zamfara LG Chairman Intensifies

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