Business

Naira trades at ₦1,366/$ in official FX market

The naira exchanged at ₦1,366.41 per dollar at the official Nigerian Foreign Exchange Market (NFEM) on Tuesday, as improved liquidity and foreign inflows supported the currency.Data from the NFEM...

Pax Silica Summit to be held June 25 and 26

On June 25 and 26, at the U.S. Department of State, Under Secretary of Economic Affairs Jacob Helberg...

Shocking: Dangote Refinery Supplies 88% of Nigeria’s Petrol

Dangote Petroleum Refinery supplied 87.55 percent of Nigeria's petrol in May 2026, reinforcing its position as the country's...

A’Ibom Blue Economy Ministry will drive growth, investments – Stakeholders

By Dianabasi Effiong Maritime development experts and stakeholders have called on the Akwa Ibom State Government to establish a...

Nigeria: SEDC will need protection from political extortion

By Chidi Anselm Odinkalu President Bola Ahmed Tinubu, during the presentation of his budget proposals for 2024 to Nigeria’s National Assembly, the...
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AfDB holds keyworkshop on Connectivity Portal

Abidjan, Cote d'Ivoire - After successfully concluding a two-day workshop in Abidjan, Cote d'Ivoire, the African Development Bank (AfDB) says it can now implement...

Forex rate affecting startup’s investment – Digital expert

Mr Ina Alogwu, Group Director, Digital Transformation, Asset & Resource Management Holding Company (ARM HoldCo) says Foreign Exchange (FX) rate is affecting startup's from...

Entrepreneurship as an escape route from poverty

By Obike Ukoh  Unemployment and poverty have remained among Nigeria’s major problems. For unemployment, the problem is worsened yearly as the country’s tertiary institutions turn...

NRS, Customs, PEBEC assesse new trade facilitation platform

The Nigerian Revenue Service (NRS), Nigeria Customs Service (NCS), and the Presidential Enabling Business Environment Council (PEBEC) on Tuesday evaluated progress, identify challenges, and...

ACTIF23 closes with high resolutions for shared prosperous future

On Tuesday, Oct. 31, 2023, the second AfriCaribbean Trade and Investment Forum (ACTIF23) in Georgetown, Guyana, came to a close.

Shell Nigeria paid $1.09 billion in taxes in 2023

Shell Nigeria exclusively paid a total of $1.09 billion in corporate taxes and royalties to the government of Nigeria last year through the operations...
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