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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CBN Governor approves apex bank’s reviewed service charter

The (CBN) Governor, Dr. Olayemi Cardoso, has approved the reviewed “Service Charter” of the apex bank.

Experts advise CBN’s MPC to retain MPR at 24.75%

Abuja, May 20, 2024 – Some experts have advised the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) to retain the...

ICTN reintroduction will impact cost of clearance in port

The Managing Director of Widescope Nigeria Limited, Dr Segun Musa says the reintroduction of International Cargo Tracking Note (ICTN) will add up to the...

How Customs intercepted N4.3bn hard drugs from South Africa, Canada

The Nigeria Customs Service (NCS), Tincan Island Port Command, has intercepted 56.39kg of cocaine and 955kg of Colorado Indica (marijuana) smuggled from South Africa...

Ethiopia’s Dashen Bank gets $40m Trade Finance Transaction Facility

Abidjan, Cote d'Ivoire - The Board of Directors of the African Development Bank (AfDB) Group has approved a $40 million transaction guarantee facility to...

ICAN, Union Bank foster stronger relationship with visit

Lagos, Nigeria—The Institute of Chartered Accountants of Nigeria (ICAN) recently paid a courtesy visit to Stallion Plaza, Union Bank of Nigeria's Head Office. This visit...
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