Revenue generating agencies, Nigeria Customs Service, Federal Inland Revenue Service and Nigerian Upstream Petroleum Regulatory Commission shared N53.5bn as cost of revenue collection in November. The Federation Account Allocation Committee ...
On January 17th, 2024, the Nigerian naira continued its decline against the U.S. dollar, both in the official and parallel markets. At the official market, based on data from the ...
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has said the Federal Government will be saving N8tn annually from the fuel subsidy removal and exchange ...
The naira tumbled to N1,300/$ at the parallel market on Tuesday. This is as it closed trading on the Peer-to-Peer cryptocurrency window at N1,315.3/$1 on the day. Bureau de Change ...
On January 16th, 2024, forex turnover experienced a substantial surge, reaching $147.81 million, marking a 460.52% increase compared to the previous day. The Nigerian naira faced depreciation against the U.S. ...
The equities of Chams Holdings Plc (+10 per cent), PZ Cussons (+10 per cent) and 66 other gainers drove the equity market to a gain of N874bn at the close ...
1. NNPCL to hand over Port Harcourt refinery to private operators As the Port Harcourt oil Refinery comes to life, the Nigerian National Petroleum Company Limited has concluded plans to ...
Nigeria’s trade balance of manufactured goods hit a deficit of N9.4tn in the first nine months of 2023, findings by Sunday PUNCH reveal. This is according to analysis of various ...
The European Union has disclosed plans to implement a robust customs pre-arrival safety and security system targeting cargoes entering the region via sea, rail, and road. The EU said in ...
The naira has lost 26.36 per cent of its value against the dollar at the official Investor and Exporter window of the foreign exchange market since the Central Bank of ...
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