Economy
NNPC transits from Regulator to a Competitor in the Petroleum Industry
Mr. Mele Kyari, the Group CEO of NNPC Limited, emphasized on Monday 10th of July 2023 that the company no...
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Capital Importation into Nigeria Declines by 28% to $1.13 Billion in Q1 2023
According to the Nigerian Bureau of Statistics (NBS), Nigeria's total capital importation in the first quarter (Q1) of 2023 decreased...
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Nigerian Naira Hits Record Lows: Naira Weakens to N788/$1 at I&E, N802/$1 at Black Market, N801/$1 at P2P
Amid a fresh scarcity of foreign exchange (forex), the Nigerian Naira plummeted to an all-time low in the Investors and...
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Brent Crude spike as Dollar Weakens and Demand Hopes Rise
The price of Brent Crude, the international crude oil benchmark, experienced a notable increase on Tuesday, rising by 2.2 percent...
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House of Rep Urges CBN to Suspend Implementation of Social Media KYC Requirement
The House of Representatives has called on the Central Bank of Nigeria (CBN) to suspend the implementation of its directive...
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NCDMB and NLNG launch virtual oil project portal.
In a significant development, the Nigerian Content Development and Monitoring Board (NCDMB) has announced its collaboration with Nigeria LNG Limited...
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The head of Tinubu’s tax reforms committee has dropped hints that the 7.5% VAT on diesel and other items may be suspended.
In a recent development, the Chairman of Tinubu's Tax Reforms Committee has hinted at the possible suspension of the 7.5%...
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First Bank and SMEDAN Partner to Empower Nigerian SMEs
First Bank Nigeria and the Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) have joined forces in a strategic...
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“Let the small Business Owners Breathe: Private Business Owners Call on President Tinubu to Alleviate Economic Suffocation
Business owners, manufacturers, and Micro, Small, and Medium Enterprises (MSMEs) operators, along with various economic groups, have joined forces to...
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Cairo Hosts Intra-African Trade Fair 2023 (IATF2023) Business Roadshow to Promote Trade between Egypt and Africa
CAIRO, Egypt, July 9, 2023/ -- The African Export-Import Bank (Afreximbank), in collaboration with the African Union Commission (AUC), the...
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