News - Page 389

Africa

Nigeria’s Public Debt: 10 Largest Creditors As Of December 2023

As of December 2023, Nigeria’s public debt surged to ₦97.34 trillion, according to data from the Debt Management Office (DMO). This marks a significant increase of 146% from the previous year, a

Emmanuel Ochayi

April 4, 2024

Nigeria's Food Crisis: Corruption, Mismanagement To Blame?

Business·Finance & Economy·News

Lagos Govt To Regulate Soaring Prices Of Food- Commissioner

In a bid to address the persistent surge in food prices, Lagos State Commissioner of Agriculture, Miss Abisola Olusanya, emphasized the importance of enforcing regulations on food prices within the state. Speaking

Emmanuel Ochayi

April 4, 2024

Naira Ends Week With N30 Gain In Black Market: Hope For Naira?

Business·Markets·News

Steady Dollar Supply Pushes Naira To N1,262/$, Delighting Nigerians

The Nigerian Naira continues its upward trend against the United States dollar at N1,262/$1, bringing smiles to many faces across the nation. On Wednesday, the currency appreciated both at the official foreign

Emmanuel Ochayi

April 4, 2024

Business·Finance & Economy·News

Customs Revenue Collection Rises By 122.35% To N1.3trn In Q1 2024

Nigeria Customs Service’s revenue collection increased by 122.35 per cent to N1.3 trillion in the first quarter of 2024 against N606.1 billion it collected in first quarter (Q1) of 2023.

Victor Ezeja

April 4, 2024

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 21st March 2025

Business·Currency·News

Naira Sustains Trading Below N1,300/$1 For Second Day In Months

The Nigerian Naira has continued appreciation, trading below N1,300/$1 for the second day after months at both official and parallel foreign exchange markets windows.

Victor Ezeja

April 4, 2024

Food Crisis: Nigeria Customs Sells Seized Items, A Bag Of Rice For N10,000

Business·News

CBN’s FX Rates For Import Duty Disrupts Our Services, Customs Boss Cries Out

Comptroller General of the Nigeria Customs Service (NIS), Adewale Adeniyi, has lamented about the current FX rates system approved by the Central Bank of Nigeria (CBN), saying it has caused disruptions in

Victor Ezeja

April 4, 2024

Business·News·Travel

Air Peace Makes More Seats Available On London Route As Demand Spikes

Foremost Nigerian airline, Air Peace, has announced increase in available seats on the Lagos-London route due to overwhelming demand.

Victor Ezeja

April 3, 2024

Customs FX Rate For Import Duties Higher than Official Rate, Rises To N1,330/$1

Business·Markets·News

Customs Pegs FX Rate For Import Duty At N1,330/$1, Higher than Official Rate

The Nigerian naira is flexing its muscle against the U.S. dollar, prompting revisions in customs import duty FX rates. Yesterday, the customs exchange rate for cargo clearance peaked at N1,330.36 per USD,

Emmanuel Ochayi

April 3, 2024

Nigeria's Crude Oil Production Decline Costs Country N720bn In Revenue In 2 Months

Business·Markets·News·Oil & Gas

Nigerian Crude Oil Trades At $92 Per Barrel, $14 Higher Than FG Budget Benchmark Amid Global Supply Concerns

Nigerian crude oil continues to hold its premium status in the global market, trading higher than the Federal Government’s budget benchmark as investors remain wary of supply disruptions. With recent attacks on

Emmanuel Ochayi

April 3, 2024

News

Ex-President Buhari Mourns Passing Of Labour Leader Ali Chiroma

Former President Muhammadu Buhari has expressed his condolences on the demise of veteran labour leader and former President the Nigeria Labour Congress (NLC) Ali Chiroma.

Victor Ezeja

April 3, 2024

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News - Page 389

Nigeria’s Public Debt: 10 Largest Creditors As Of December 2023

Lagos Govt To Regulate Soaring Prices Of Food- Commissioner

Steady Dollar Supply Pushes Naira To N1,262/$, Delighting Nigerians

Customs Revenue Collection Rises By 122.35% To N1.3trn In Q1 2024

Naira Sustains Trading Below N1,300/$1 For Second Day In Months

CBN’s FX Rates For Import Duty Disrupts Our Services, Customs Boss Cries Out

Air Peace Makes More Seats Available On London Route As Demand Spikes

Customs Pegs FX Rate For Import Duty At N1,330/$1, Higher than Official Rate

Nigerian Crude Oil Trades At $92 Per Barrel, $14 Higher Than FG Budget Benchmark Amid Global Supply Concerns

Ex-President Buhari Mourns Passing Of Labour Leader Ali Chiroma

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