Business
CBN FX Sales To Dealers Decline By 24.65% To $21.82bn As FX Scarcity Lingers
The Central Bank of Nigeria (CBN) sold a total of $21.82billion foreign exchange to authorised dealers in 2021, compared with...
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MTN Nigeria Now Worth N5trn, More Valuable Than All Nigerian Banks, Insurance Companies Combined – Report
Nigeria’s telecommunication giant, MTN Nigeria, is now worth N5 trillion making it more valuable than all banks, insurance companies, and...
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Nigeria To Earn $2bn Advertising Revenues In Three Years – Lai Mohammed
The Federal Government says at the conclusion of the on-going reform in the creative industry and advertising sector, the country...
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Naira Falls Big at Black Market as FX Supply Records Significant Decline at I&E Window
The exchange rate between the naira and the US dollar closed at N420.33/$1 at the official Investors and Exporters (I&E)...
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Nigeria’s Diaspora Remittances Set to Increase
Based on a World Bank report, remittance flows to low and middle-income countries (LMICs) are expected to increase by 4.2%...
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Customs Building Impeding Cargo Movement in Apapa – CCECC
The China Civil Engineering Construction Corporation (CCECC) has said that a building belonging to the Nigeria Customs Service, situated inside...
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Current Visa Policy Hampers Nigeria-US Trade, Says Lagos US Consulate
The Head of Commercial Section/Commercial Counsellor, Lagos US Consulate, David Russell, on Tuesday said that the current visa environment between...
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Naira Rises as Nigeria’s Foreign Reserve Dips Below $39bn
The exchange rate between the naira and the US dollar closed at N418.5/$1 at the official Investors and Exporters (I&E)...
Read moreLNG, NNPC Listed by FIRS as Nigeria’s Top Taxpayers for 2021
The Federal Inland Revenue Service (FIRS) has listed Nigeria’s top-performing taxpayers in the year 2021, and commended them for their...
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Nigeria’s Inflation Rate Rises To 16.82% In April 2022
The national economy continues to struggle even as Nigeria's inflation rose to 16.82% in April 2022, following a similar uptick...
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