Import-dependent businesses and manufacturers are grappling with a significant 23% surge in Customs import duties due to the recent depreciation of the Nigerian naira against the United States dollar. This increase in costs comes after a period of relative...
As Nigerians grapple with fuel scarcity, over 9,000 oil marketers are at risk of losing their operating licenses, prompting urgent appeals for government intervention.
The Independent Petroleum Marketers Association of Nigeria (IPMAN) is urging the Nigerian National Petroleum Company Limited...
The Nigerian naira continued its upward trend against the US dollar on Thursday, appreciating N1,382/$ at the official market, marking a gain of N18 compared to the previous day.
This positive development coincided with a cautionary statement from the Presidency...
The Bank Directors Association of Nigeria (BDAN) has urged for increased collaboration among lawmakers, regulatory authorities, and banking sector operators in the development and review of banking policies. This call was made during a recent meeting between the Chairman...
Agfa's innovative SpeedSet Orca 1060, designed specifically for the folding carton market, and has found its inaugural customer in the UK-based Delta Group. This marks a significant milestone as Delta becomes the pioneer in embracing the cutting-edge capabilities of...
Vice President Kashim Shettima recently announced the handover of 200 newly refurbished stores at the renowned Asero Adire market in Abeokuta to 400 entrepreneurs. These beneficiaries will have free access to the stores for one year, after which they...
The Central Bank of Nigeria (CBN) under the leadership of Governor Olayemi Cardoso has embarked on significant reforms to address the country's escalating inflation and rejuvenate the economy.
Governor Cardoso outlined his policy agenda at the Chartered Institute of Bankers...
The recent increase in Nigeria's interest rate by the Central Bank of Nigeria (CBN) has garnered praise from international financial institutions, with both the International Monetary Fund (IMF) and Fitch Ratings endorsing the move as a step in the...
The Lagos Chamber of Commerce and Industry (LCCI) has issued a pressing call to the federal government and the Central Bank of Nigeria (CBN) to ensure the availability of credit for Micro, Small, and Medium Enterprises (MSMEs) at concessionary...
Air Peace, Nigeria's foremost airline, has officially announced the flight schedules for its highly anticipated London service, set to commence operations on March 30, 2024. Promising unbeatable fares, the airline revealed that tickets for the London route are now...
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