In a move to ease transportation costs and provide relief to Nigerians during the festive season,…
Category: Business
CBN Governor Confirms Nigeria’s $42.01bn Reserves Can Fund Over Nine Months of Imports in 2025
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has confirmed that Nigeria’s external…
Dollar Hits Two-Year High as Fed Signals Slower Rate Cuts
The U.S. dollar reached a two-year high on Thursday following the Federal Reserve’s cautious outlook on…
Nigeria Customs Service Removes VAT, Import Duty on Cooking Gas and CNG
The Nigeria Customs Service (NCS) has announced the removal of Value Added Tax (VAT) and import…
Dangote Refinery Debunks Claims on $1 Billion NNPCL Loan
The management of Dangote Refinery has clarified reports circulating about a $1 billion loan from the…
President Tinubu Begins Presentation of 2025 Budget to National Assembly
President Bola Ahmed Tinubu arrived at the National Assembly at 12:13 PM on Wednesday to present…
CBN Sets ₦100,000 Daily Withdrawal Limit on PoS Terminals
The Central Bank of Nigeria (CBN) has announced a daily withdrawal limit of ₦100,000 per customer…
Oando Celebrates 30 Years of Impact in Port Harcourt with Energy and Gratitude
Port Harcourt was alive with energy as Oando, one of Nigeria’s leading energy companies, celebrated three…
ECOWAS Accelerates Efforts Toward Regional Single Currency
The Economic Community of West African States (ECOWAS) has ramped up efforts to finalize the practical…
Nigeria’s Exports to ECOWAS Hit N1.54tn in Q3 2024, Imports Stand at N82bn
Nigeria’s exports to countries within the Economic Community of West African States (ECOWAS) reached N1.54 trillion…