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Essential Nigeria News

Monday, July 27, 2026 Volume XXIII Breaking News & Latest Updates
Local Refining Ends Nigeria’s Dependence on Imported Aviation Fuel Business

Local Refining Ends Nigeria’s Dependence On Imported Aviation Fuel

Nigeria has recorded 13 consecutive months without importing aviation fuel, marking a significant milestone in the country's drive toward energy self-sufficiency and local refining.The development follows increased domestic production from local refineries, reducing the nation's reliance on imported...

By Esther July 27, 2026
Customs Recover N30bn in Duty Drive, Warn 10 Aircraft Risk Seizure Business

Customs Recover N30bn In Duty Drive, Warn 10 Aircraft Risk Seizure

The Nigeria Customs Service (NCS) has recovered over ₦30 billion through an intensified import duty enforcement exercise, with 10 privately operated a...

0 0
7 hours ago
Freight Agents Oppose Planned Fuel Surcharge by Shipping Company Business

Freight Agents Oppose Planned Fuel Surcharge By Shipping Company

Licensed customs agents have criticized a proposed fuel surcharge by a shipping company, describing the planned increase as an additional financial bu...

0 0
7 hours ago
CBN Adjusts Monetary Strategy Amid Rising Global Economic Uncertainty Business

CBN Adjusts Monetary Strategy Amid Rising Global Economic Uncertainty

The Central Bank of Nigeria (CBN) says growing global economic tensions are playing a key role in shaping its monetary policy decisions as it works to...

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7 hours ago
FG Reaffirms Support for IMF-Endorsed Economic Reform Agenda Business

FG Reaffirms Support For IMF-Endorsed Economic Reform Agenda

The Federal Government has reaffirmed its commitment to implementing key economic reforms supported by the International Monetary Fund (IMF), describi...

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7 hours ago