Business
Lagos Importers to Pay 5% More On Import Duties as Customs Commences Use of New Exchange Rate
Lagos-based importers are now to pay at least five percent extra on import duties following the implementation of the new...
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Alimosho, Ajeromi LGAs Receive Highest Allocation in Lagos for July
Alimosho and Ajeromi/Ifelodun Local Government Areas have received the highest allocations among 20 LGAs for the month of July this...
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Nigeria’s Foreign Reserve Rise by $140.9m, Hits $35.81bn
The Central Bank of Nigeria (CBN) has announced that the country’s foreign reserves rose by $140.9m from $35.67bn as of...
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CBN Investigating 55 Firms Over Forex Breach
The Central Bank of Nigeria (CBN) has begun investigating foreign exchange transactions of 55 companies and individuals. It linked them...
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Facebook to Launch Regional Base in Lagos by 2021
• Its second office in Africa As part of its continued commitment and ongoing investment in Africa, Facebook has on...
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Osinbajo, Sanwo-Olu to Commission Eko MSMEs Fashion Hub-1
The Vice President of Nigeria, Prof. Yemi Osinbajo (SAN) and the Governor of Lagos State, Mr. Babajide Sanwo-Olu will tomorrow,...
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Can the Covid-19 plastic waste problem generate business opportunities?
Amid an increase in demand for personal protective equipment (PPE) and packaged goods, Covid-19 has led to a significant spike...
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Naira Slopes To N460 Amid Resumption of Forex Sales
The Naira has sloped further, Tuesday, exchanging at N460 to a dollar, in the Lagos' parallel market. This happened despite...
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Crude Oil Drops To $39, Nigeria Records Production Rise
The international oil benchmark, Brent crude, dropped to $39 dollars per barrel, yesterday, as the Organisation of the Petroleum Exporting...
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TikTok: Oracle confirms being picked by Bytedance to be app’s partner
US tech firm Oracle has confirmed that TikTok's owner has formally proposed it become a "trusted technology partner" to the...
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