Browsing: Business

The Nigerian Customs Service has suspended the enforcement of the controversial four per cent Free-on-Board value on imports. A statement issued by the Customs National Public…

The Central Bank of Nigeria (CBN) has announced a revision of Automated Teller Machine (ATM) transaction fees, with the updated charges set to be implemented from…

The Central Bank of Nigeria (CBN) has announced a new date for its 299th Monetary Policy Committee (MPC) meeting, shifting it from the initially scheduled February…

Africa’s largest oil refinery, the Dangote Petroleum Refinery, could achieve full operational capacity of 650,000 barrels per day within the next 30 days. Edwin Devakumar, the…

The Naira appreciated by N45 against the dollar in the parallel foreign exchange market on a week-on-week basis. An analysis of FX trading at the black…

Nigeria’s House of Representatives’ Public Assets Subcommittee has announced plans to probe alleged mismanagement of public assets under the Nigerian Ports Authority (NPA). The chairman of…

The Lagos State Government has reaffirmed its commitment to financing its ₦3.367 trillion 2025 budget without relying on external borrowing, emphasising fiscal responsibility and sustainable economic…

The Naira continued its upward trend against the US dollar in the parallel foreign exchange market on Friday. A Bureau de Change operator in Wuse Zone…

The Naira has continued its upward trend against the dollar in the parallel foreign exchange market, following the Central Bank of Nigeria’s (CBN) recent reforms. According…

The Naira depreciated against the dollar as trading commenced in February at the official foreign exchange market, while remaining stable in the parallel market. According to…