The Tin-Can Island Command of the Nigeria Customs Service (NCS) says it has generated about N130bn between January and June, 2017. The Public Relation Officer of the Command, Uche Ejesieme stated this on Wednesday in a revenue chart made available to journalists on Tuesday in Lagos.

Electricity generation in the country dropped to 3,511 megawatts (mw) on Monday, following a loss of 603mw, 24 hours after a peak capacity of 4,114mw was reached.

The Central Bank of Nigeria (CBN) has warned Nigerians to desist from mutilating, hawking or spraying of the Naira as anyone caught would be made to face the wrath of the law. The Acting Director, Corporate Communication at the apex bank, Isaac Okorafor stated this during an interactive session with NAN on Wednesday in Abuja.

Emerging reports indicate that Guaranty Trust Bank (GTBank) may have reviewed restrictions hitherto placed on its Naira denominated MasterCard following series of complaints from customers. In a message sent to customers and published on its website, the bank stated that the update would take effect from 10 July 2017.

The Debt Management Office (DMO) has warned that unless the country develops other sources of revenue asides oil, Nigeria may run into a debt distress if there is a prolonged shock on its oil.

Telecommunication giant, Etisalat has pulled out of Nigeria following a breakdown in discussion with the government and relevant partners to salvage the company from total collapse.  On Monday, Reuters reported that the Chief Executive Officer of Etisalat International, Hatem Dowidar terminated its management agreement with its Nigerian arm and has given the operator three weeks to phase out the brand.

Minister of Agriculture and Rural Development, Chief Audu Ogbeh

Minister of Agriculture and Rural Development, Chief Audu Ogbeh, has disclosed that Nigeria will be self-sufficient in rice production by November this year, which will lead to a reduction in the price of the commodity.

Port workers are set to embark on nationwide protests on Tuesday over their disagreement with some sections of the Ports and Harbour Bill, which they observed could lead to massive job losses.

The volume of shares traded on the Nigerian Stock Exchange (NSE) on Tuesday improved 20.15 percent and the equity market appreciated by 0.66 per cent, just as the market capitalisation rose by N74 billion due to price growth by some blue chips companies.

Minister of Mines and Steel Development, Dr. Kayode Fayemi

The Ministry of Mines and Steel Development says it aims to contribute 27 billion dollars about (N9.7trillion) to the Nigeria's Gross Domestic Product (GDP) by 2025.