Exports of manufactured products are down 18.4% to N2.45 trillion.
As the government tightens the noose on some imports into the nation, the value of manufactured products brought into the...
Business
132 MfB licenses are revoked by CBN, among others
The licenses of 132 Microfinance Banks, three Finance Companies, and four Primary Mortgage Banks nationwide have been revoked, according to...
Experts want to learn more about how to use gas.
Entrepreneurs need to expand their knowledge of how Nigeria can benefit from the global gas market, according to Dr. David...
There is no intention to stop using new banknotes, according to CBN.There is no intention to stop using new banknotes, according to CBN.
The Central Bank of Nigeria (CBN) has stated that there are no plans to stop the distribution of new naira...
Restaurants reopen in order to provide service
Restaurant Crepaway Nigeria, which offers a variety of exotic international cuisines, recently reopened with a blend of fine dining and...
The stock market resumes trading in May with losses of N58 billion.
Yesterday, the market capitalization of the Nigerian Exchange Limited (NGX) decreased by N58 billion, ending three sessions of gains and...
Wema marks 78th, eyes tier-one status
Wema Bank Plc's Managing Director and CEO, Moruf Oseni, stated yesterday that the financial institution is on track to become...
Lagos’ government and LCFE reach a deal about Imota Rice.
Lagos Commodities and Futures Exchange (LCFE) and the Lagos State Government through the Ministry of Agriculture have inked an agreement...
There are no plans to discontinue the redesigned Naira notes—CBN
The freshly redesigned N1,000, N500, and N200 notes will not be phased out, according to the Central Bank of Nigeria...
Terra offers new products
Terra Seasoning Cube just recently released its Jollof and Shrimp seasoning cubes as part of efforts to provide intriguing options...
Telecom companies complain about the sector’s various taxes.
The Association of Telecommunications, Information Technology, Cable Satellite Network Operators and Allied Services Employers of Nigeria (ATICEN), a group of...
N1.6 trillion more is lent by banks to the private sector.
From N41.5 trillion in February to N43.06 trillion in March 2023, bank credit to the private sector increased monthly (MoM)...
CBN justifies the foreign exchange restriction on stockfish imports
The Central Bank of Nigeria has stated that the importation ban on stockfish was put in place to protect foreign...
Nigerian Breweries oppose the planned rise in the excise tax.
The Nigerian Breweries, NB Plc has criticized the federal government's proposed hike in excise duty on countrywide brewed goods, claiming...
DBN releases N631 billion for MSMEs and resumes dividend payments.
More than N 631 billion in loans from the Development Bank of Nigeria (DBN) have been given to MSMEs across...
Nigeria’s indebtedness to World Bank now N6tn
According to research by Daily Updates, under the presidency of Major General Muhammadu Buhari (ret. ), Nigeria's borrowing from the...
China claims to respect the’sovereign’ status of all former Soviet republics.
After Beijing's ambassador to France sparked outrage in Europe by casting doubt on the sovereignty of those countries, Beijing said...
Shell disputes that it broke the Nigerian Content Law
On Wednesday, the Shell Petroleum Development Company of Nigeria (SPDC) refuted allegations that at the EA fields in Bayelsa State,...
MAN applauds the FG’s decision to stop raising excise duty.
The Federal Government's decision to put a stop to the proposed rise in excise duty on cigarettes, alcoholic beverages, and...
With N264 per litre, Nigeria has the lowest gasoline prices in West Africa.
Out of 12 West African nations, Nigeria has the lowest Premium Motor Spirit (PMS), or gasoline, pump price. Nigeria ranked...
