Business
Nigerian Customs Generate N1.5trn, Exceeds Revenue Target By 13.2% Despite Border Closure
Despite a full year shutdown of Nigeria’s land borders, the Nigeria Customs Service (NCS) surpassed its revenue target by 13.2...
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Nigerian Property Tech Startup, Spleet, Expands to Ghana, Rwanda, Kenya
Nigerian prop-tech startup, Spleet, is expanding to neighbouring countries Ghana, Rwanda and Kenya this year in line with its transition....
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CBN Boosts Naira With $4.37bn in 2020 Q3
In a bid to stabilise the naira, the Central Bank of Nigeria (CBN) injected $4.37bn into the foreign exchange market...
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Bitcoin tops $34,000 as record rally continues
Bitcoin's value surged above $34,000 (£24,850) for the first time on Sunday as the leading cryptocurrency continued to soar. It...
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Lagos Chamber of Commerce Laments Proposed Petroleum Industry Bill as Harmful to Economy
The Lagos Chamber of Commerce and Industry (LCCI), yesterday, said that some provisions in the Petroleum Industry Bill, currently in...
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Lagos Ranks as Highest Domestic Debtor In 2020 Q3 With N493.32bn
Lagos State ranked as highest domestic debtor at the end of the third quarter of 2020, data from the Debt...
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Dangote’s Refinery Set to Replace Nigeria’s Fuel Imports
... To Deliver Fuel Via Ports Africa's largest oil refinery, Dangote refinery, will deliver its fuels to Nigerian consumers via...
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NNPC’s Gross Revenue Rises By 37.3%
The Nigerian National Petroleum Corporation (NNPC), recorded a gross revenue of N222.3 billion from Crude oil and gas sales in...
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Nigeria’s Stock Market Emerges World’s Best-performing
Nigerian Stock market ended the first trading session on an impressive note. The All Share Index gained +0.80% to close...
Read moreCBN Says Defaults on Loans with Collateral Increased in Q4
Defaults on loans with collateral increased in the fourth quarter of 2020, according to the Central Bank of Nigeria. The...
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