News
World Bank says Nigerians Abroad Remitted $168bn in Eight Years
The remittance was sent while the country’s foreign investment intake remained uncertain due to a lack of foreign money, causing the naira to...
Nigeria seeks $973 million loan from China Devt Bank after CEB declines.
The House of Representatives has given its approval to Nigeria’s loan application to the China Development Bank, which will help finance the proposed...
FG Confirms May 3 For a 3-Day 2023 Population Census Exercise
Garba Abari, Director-General of the National Orientation Agency (NOA), has announced that the 2023 National Population and Housing Census will take place across...
Dollar Sells at N461.67 Amid Various CBN Policies to Combat Forex Scarcity
On Thursday, March 23, 2023, the value of foreign exchange (Forex or FX) traded in the official market’s Investors’ and Exporters’ window fell....
Nigeria Air Set to Take Flight Despite a legal Battle with Domestic Airline Operators.
Despite an ongoing court battle with domestic airline operators over ownership structure, Hadi Sirika, the Minister of Aviation, has stated that Nigeria Air,...
President Buhari Suspends 5% Tax Levy On Telecom Sector
President Muhammadu Buhari has authorized a 5% excise duty exemption for the previously included telecommunications industry, according to the Minister of Communications and...
NAHCO Releases Revised Cargo Tariff, Effective from April 1st
Freight forwarders and clearing agents at airports nationwide are to pay more for the cargo handling tariff rate, as well as for clearing...
CBN Increases Interest Rate To 18% To Tackle Inflation
This information was provided in the communiqué from the second MPC meeting of the year by CBN Governor Godwin Emefiele on Tuesday. After...
Ecobank Fined N3.2m, PZ Cussons Slammed with N4.8m Amid Clampdowns
The Nigeria Exchange Limited (NGX) has imposed sanctions on Ecobank Transnational Incorporated, PZ Cussons, John Holt, and Guinea Insurance Plc for violating the...
NCC Unveils Consumer TELCARE Centre At Abuja Airport
A Telecom Consumer Assistance, Resolution and Enquiries (TELCARE) Center has been unveiled by the Nigerian Communications Commission (NCC) within the public concourse of...
