Nigeria Plans To Suspend Import Duties, Other Tariffs On Staple Food, Drugs To Ease Inflation
The Nigerian Government, under President Bola Tinubu, is considering suspending import duties and other tariffs on food items, drugs, and…
Nigeria’s Foreign (External) Reserves Fall By $1.8billion In Over Two Months – Report
Data from the Central Bank of Nigeria (CBN) reveals a significant drop in Nigeria’s foreign exchange reserves, which have decreased…
One Year Into Tinubu’s Tenure, Investors Want More From Nigeria – Bloomberg
Investor Sentiment Wanes as Nigerian Reforms Hit Roadblocks One year after President Bola Tinubu took office, the initial investor excitement…
FG blames tomato scarcity, price increases across Nigeria on farm infestation
The Minister of Agriculture, Senator Abubakar Kyari, attributed the scarcity and elevated prices of tomatoes in the country to a…
Inflation: 5kg cooking gas jumped from N4,642 to N7,000; 12.5kg from N10,323 to N17,800
The National Bureau of Statistics (NBS) reported that the average price of 5kg of cooking gas decreased from N6,591.62 in…
BREAKING: FG, Others Finally Agree On Real Price Of 50kg Cement
Doris Nkiruka Uzoka-Anite, Minister of Industry, Trade, and Investment, has requested that cement makers be granted the same gas concession…
Forex: Current happenings in the FX market
As of today, May 23, 2024, the black market Dollar to Naira exchange rate is as follows:According to information gathered…
Naira: FG plans strict rules for $57bn crypto businesses
The Federal Government may consider the suspension of the $56.7bn peer-to-peer cryptocurrency market after a crucial meeting between the Securities…
Port Harcourt refinery begins operation July
The 210,000-barrel-per-day Port Harcourt refinery is expected to commence operations by the end of July after several delays. This was…
Why We Chose Angola Over Nigeria For $6billion Energy Projects – TotalEnergies CEO
The inconsistency in policymaking decisions has led to the diversion of $6 billion in energy projects to Angola instead of…