This rate reflects a 9.67 percent improvement compared to N1,240/$ recorded on April 3, indicating a positive shift in the currency’s value. According to TheCable, in...
The development comes after the Nigerian Bureau of Statistics (NBS) pegged the current rate at 31.7 per cent in February from 29.9 recorded in January. “Inflation...
Some electricity distribution companies have continued to blame technical faults and other challenges for their inability to supply 20-hour power to customers on Band A feeders....
The Nigerian National Petroleum Corporation (NNPC) Limited is owing around $3 billion to traders over imported premium motor spirit, PMS, popularly known as petrol. According to...
The Minister of Aviation and Aerospace Development, Festus Keyamo, said Emirates Airline will resume operations in Nigeria on or before June 2024. Keyamo disclosed this when...
The Central Bank of Nigeria (CBN) has banned the use of foreign currencies as collaterals for naira loans. The CBN gave the directive in a circular...
The naira has maintained its appreciation on the official and unofficial market, strengthening to 1,200 on the black market after the Central Bank of Nigeria (CBN)...
The Federal Inland Revenue Service (FIRS) has announced the official inauguration of the Broadcast Media Unit under the esteemed leadership of Dr. Zacch Adedeji, Executive Chairman...
The Central Bank of Nigeria (CBN) has given a reprieve to importers with a further slash in the exchange rate for calculating Customs duties at the...
The Chairman of PETAN, Wole Ogunsanya, said this in a statement to Channels Television over the weekend. According to him, the country is currently experiencing revenue...
