Just In: Nigeria records N7.5trn trade surplus in Q2’25

Nigeria recorded N7.5 trillion trade surplus in the second quarter of 2025 (Q1’25). This represents a 52 percent quarter-on-quarter (QoQ) rise when compared to N5.17 trillion recorded in Q1’25. The National Bureau of Statistics, NBS, disclosed this today in its Foreign Trade in Goods Statistics Report for Q2’25 released on its X handle.   According…

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DSS summons Dangote, NUPENG over alleged breach of pact

The Department of State Services, DSS, has summoned the management of Dangote Refinery and Petrochemicals and the Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, to an emergency meeting following rising tension over an alleged breach of an agreement on workers’ right to belong to the union of their choice. Loveth.com.ng gathered that the…

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N10bn recovered for aggrieved consumers in 6 months – FCCPC

The Federal Competition and Consumer Protection Commission (FCCPC) said over N10 billion was recovered for aggrieved consumers in Nigeria between March and August 2025, even as it listed the banking, Fast Moving Consumer Goods (FCMG), and fintech sectors as leading the top ten sectors from where the commission received the highest number of consumer complaints…

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Ex-NNPC GMD Kyari opens up after EFCC quiz

ABUJA—Former Group Managing Director of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, on Wednesday broke his silence after facing questioning by the Economic and Financial Crimes Commission (EFCC), over alleged financial improprieties during his tenure. Kyari arrived at the EFCC headquarters in Jabi, Abuja, at about 2:15 p.m., where he was grilled by…

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