BUSINESS
CBN Increases Customs Duty Rate To N1,605.82 Per Dollar Once More
Less than five days after it marginally reduced the Customs Exchange rate from N1515.48 to N1472.756 last week, the Central Bank of Nigeria (CBN)...
Kaduna Govt Seeks Investment From Saudi Arabia
The Kaduna State Government has canvassed for investment and support from the Kingdom of Saudi Arabia. Deputy Governor, Dr Hadiza Sabuwa Balarabe stated this at...
Minerals Development: Turkish Ambassador Hosts Uche Ogah
As part of moves to synergize with Nigeria for the development of mineral resources, Ambassador of the Republic of Turkey to Nigeria, H.E, Ambassador...
USAID to invest $60m to boost agribusiness in Nigeria
The United States Agency for International Development, (USAID) has disclosed plans to invest $60 million to boost agriculture in Nigeria and across West Africa. Speaking at...
FG Promises To Deal With Economic Destabilizers
The Federal Government has vowed to go after individuals sabotaging the nation’s economy. The Minister of Information and National Orientation, Mohammed Idris, made this known...
CBN Breaks Silence, Says Old Naira Notes Remain Legal Tender Till Dec 31st
The Central Bank of Nigeria (CBN) says the old N200, N500 and N1000 notes remain legal tender until December 31, 2023. Isa Abdulmumin, CBN spokesperson,...
54% Of Nigerian Businesses Still Unregistered Despite Uptick —SURVEY
A recent survey has revealed that 54 percent of businesses in Nigeria remained unregistered in 2025 indicating a modest rebound in business formalization after...
Reduce External Borrowing, Lawan Begs Buhari
President of the Senate, Dr. Ahmad Lawan, has advised President Muhammadu Buhari to reduce borrowing from external lending houses to fund the country’s annual...
Nigeria’s Electricity Supply Increased By 14.64 In 2023 – NBS
Nigeria’s electricity supply increased by 14.64 per cent in the fourth quarter of 2023 on a year-on-year basis. This was disclosed by the National Bureau...
NNPC Discovers Oil In Nasarawa
The Nigerian National Petroleum Company Limited on Friday announced the discovery of oil in Nasarawa State and said it was set to drill the...
