Business

CBN increases exchange rate for cargo clearance to N1,605 per US dollar

In light of the ongoing foreign exchange crisis, the Central Bank of Nigeria increased the exchange rate for cargo clearance…

9 months ago

Cement price: Nigerian govt promises to fix roads, reduce import duties

The federal government promises to focus more on road maintenance and look into reducing import duties and petrol prices to…

9 months ago

Three states emerge highest in foreign investments in Nigeria – NBS

In the fourth quarter of 2023, the states with the largest foreign investments were Lagos, the Federal Capital Territory, and…

9 months ago

Cement price surges to N15,000 in Abuja

According to ZINGTIE, the price of a 50 kg bag of cement in the Federal Capital Territory has increased to…

9 months ago

Again Naira depreciates against US Dollar as FX supply drops by 74% amid CBN interventions

At the end of business on Friday, the value of the Naira relative to the US dollar had drastically decreased.…

9 months ago

Finally Tinubu speaks on approving importation of food

According to President Bola Tinubu, he will not back the establishment of a price control board or approve the importation…

9 months ago

You’re making money – CAC says content creators must register

The Corporate Affairs Commission now requires social media content creators, or CACs, to register their handles and accounts. According to…

9 months ago

FCT ground rent: Your titles will be revoked in two weeks – Wike warns Cote D’Ivoire embassy, others [Full list]

The names of foreign embassies that owe ground rent in Abuja have been made public by Nyesom Wike, the Minister…

9 months ago

Naira crashes to further against US dollar at foreign market

Monday saw a record low for the Naira against the US dollar at the foreign exchange market, valued at N1,534.39.…

9 months ago

Remove electricity subsidy – IMF advises Nigerian government

The International Monetary Fund (IMF) has stressed that the Nigerian Federal Government must do away with electricity subsidies. This was…

9 months ago