Browsing Category
Local
Expert: Inter-agency Conflict Harming the Cocoa Business.
Ayo Akinola, a Technical Expert to the Federal Ministry of Industry, Trade, and Investment on the National Cocoa…
The FG has Threatened to Penalize Bad Carbon Dealers.
The Federal Government of Nigeria has issued a warning to carbon emission reduction traders who are trading…
Terminal Operator Raises Import Car Tariffs by 36%
Ports & Terminal Multipurpose Limited (PTML) has announced a 36% increase in tariff for imported vehicles,…
Subsidy removal: Poor Nigerians will hit 101 million without palliatives, says…
The World Bank has highlighted Nigeria's high inflation rate as a significant factor in pushing an estimated four…
World Bank Approves A New $500 million Loan for FG.
The World Bank Group has approved a $500 million loan to Nigeria to support women's empowerment efforts. This…
Discos Reverse their Rate Increase Decision as they Wait for NERC Clearance.
Power distribution companies (Discos) in Nigeria have retracted their earlier announcement of a tariff hike…
According to FG, Discos Failed to Remit N208bn in 2022.
According to the Federal Government of Nigeria, power distribution companies (Discos) failed to remit a total of…
CBN and Bill Gates Collaborate on Financial Inclusion
The Central Bank of Nigeria (CBN) and the Bill and Melinda Gates Foundation (BMGF) have finalized their plans to…
Paris Summit: Tinubu Promotes the Removal of Subsidies and the Adoption of an FX…
President Bola Tinubu of Nigeria expressed the country's readiness to engage in business and attract foreign…
NMDPRA Permits Six Enterprises to Import Petrol.
Six companies have been granted licenses by the industry regulator, the Nigeria Mainstream and Downstream…
78 Initiatives are Prioritized by the FG to Change the Food System.
The Federal Government has identified 78 priority measures that, when completed, will overhaul the entire food…
Nigeria’s Exports Increase to N42 trillion as a Result of the Naira’s…
After the Central Bank of Nigeria floated the naira, the value of Nigeria's exports might increase to at least…
UK to Lower Import Taxes on Nigerian Goods.
The UK has stated that it is prepared to lower tariffs on goods coming from Nigeria and other emerging nations.…
Operators Attribute Airfare Increase to Currency Fluctuations and a Shortage of…
The recent increase in airfares was caused by a paucity of foreign currency and aviation fuel, according to the…
Nigerians Protest the 7.5% VAT the FG Imposed on Diesel.
The payment of the 7.5% Value Added Tax on Automotive Gas Oil, also known as diesel, was officially announced by…
43 Prohibited Products Remain Under our Position – CBN
The Central Bank of Nigeria (CBN) has maintained its position about the 43 prohibited commodities that were…
Solcon Capital Replaces Convergence Partners Investments as the Brand.
Convergence Partners Investments has changed its name to Solcon Capital as the company intensified efforts to…
Inflation Increases to 22.41%
According to a recent data released by the country's statistics bureau, Nigeria's demand-pull inflation has…
Meet the New Members of President Bola Ahmed Tinubus’ Team.
The 9th Senate's only official responsibility for President Bola Tinubu was to approve his list of Special…
NMDPRA and Marketers Meet to Avoid Petrol Shortages.
Following complaints from oil marketers about a lack of finances to import products, the Nigerian Midstream and…
The UN Plans to Combat Hunger and Malnutrition in Nigeria.
The United Nations World Food Programme launched a $2.56 billion Country Strategic Plan for Nigeria on Wednesday,…
Private Industry, Economists Support CBN as the Naira Drops to 664/$.
To allow for a free float of the local currency against the dollar and other major world currencies, the Central…
According to Customs, Concessionaires Invested $300 million in a Modernization…
Col. Hammed Ali (ret. ), Controller General of the Nigeria Customs Service, said concessionaires of the Customs…
Ghana’s Annual Inflation Rate Increased to 42.2% in May.
Ghana's consumer inflation increased marginally from April to May, rising from 41.2% to 42.2% year over year,…
Uber and Bolt drivers issue a seven-day strike warning over low pay.
A planned peace conference between e-hailing companies and the drivers who use the various app-based platforms to…
IMF Advocates 5 Priority Policy Options For Nigeria Regarding Financial Inclusion.
The largest economy in Africa's largest country has five top-priority policy options for promoting financial…
Nigeria Increases Oil Production by 15.6% to 1.3 mb/d.
The Organization of Petroleum Exporting Countries, or OPEC, announced yesterday that Nigeria's oil production,…
IOC and NNPCL Report Finding Oil in OML 102.
The joint venture between TotalEnergies EP Nigeria and the Nigerian National Petroleum Company Limited has claimed…
FG to disclose ChatGPT practice code, among others.
According to the National Information Technology Development Agency, work on the Nigeria Code of Practice on the…
Shipowners start the application process for the $700 million vessel fund.
It was announced on Monday by the Nigerian Indigenous Shipowners Association of Nigeria that applications for the…