The exchange rate between the naira and the dollar plunged to N1,419/$1 in the Nigerian Autonomous Foreign Exchange Market (NAFEM), marking a disappointing start to the week. This depreciation marks ...
The appointment of Jim Ovia, CFR, the founder and chairman of Zenith Bank Plc, to the position of Chairman of the Board of the Nigerian Education Loan Fund (NELFUND) has ...
President Bola Tinubu has recently appointed Emomotimi Agama as the Director General of the Securities and Exchange Commission (SEC), succeeding Lamido Yuguda. Ajuri Ngelale, the Special Adviser to the President ...
Nigerian crude oil prices surged in the latest trading session amidst speculation of a potential direct attack on Iran by Israel over the weekend, escalating tensions in the Middle East. ...
Nigerian Breweries Plc has announced plans for a company-wide reorganization, including the temporary suspension of operations in two out of its nine breweries. The company expressed its commitment to minimizing ...
The official exchange rate between the Naira and the Dollar witnessed a notable increase of 7.7% on Friday, closing the week at N1,142/$1. This closing rate marks the highest level ...
The World Bank has projected that Nigeria's inflation rate will decrease to approximately 24.8% this year and drop to 15.1% by 2026. This estimation is based on expectations of Nigeria's ...
The Nigeria Customs Services (NCS) has witnessed a decrease in the foreign exchange rate for cargo clearance at ports and other goods entry points, dropping to N1260.49/$ from N1330/$ in ...
The exchange rate utilized for customs import duties and cargo clearance payments currently exceeds Nigeria's foreign exchange market's official Naira to USD rate. According to data from the customs exchange ...
In the first quarter of 2024, the Nigeria Customs Service (NCS) witnessed a decline in the volume of Single Goods Declarations (SGDs) for imports, marking a notable shift from previous ...
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