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Buyers opt for Nigerian-used cars as Tokunbo vehicle sales drop by 70%
The recent 40 per cent hike in the exchange rate for cargo clearance at the seaports and the increase in ...Naira depreciates to N776.9/$ at I&E window, N793/$ at parallel market
The naira, on Friday, depreciated by 1.87 percent to close at N776.9/$ at the investors and exporters window. Data from ...Tinubu suspends 5% excise tax on telecoms, signs three other executive orders
President Bola Tinubu has signed four Executive Orders one of which is the suspension of the five per cent Excise ...Local consumers lament outage as Nigeria exports N23bn electricity
Power consumers have kicked against the export of about N23.13bn worth of electricity from Nigeria to some neighbouring countries in ...Nigerians paying more as prices of yam, rice, beans skyrocket – NBS
As the prices of essential food items continue to skyrocket, Nigerians face an uphill battle in their fight against poverty. ...FG may sanction PoS agents over price fixing
The Federal Competition and Consumer Protection Commission has stated that it is investigating price fixing attempts by Point of Sales ...Customs seize N3bn smuggled rice, arrest 344 smugglers
The Nigeria Customs Service seized a total of N3.02bn worth of smuggled rice between May 2022 and May 2023. Data ...Investors lose N671bn as equities tumble
Stock investors recorded a significant loss of N671bn on Tuesday at the Nigerian equity market which had posted a strong ...Nigeria, Angola now Africa’s biggest oil drilling markets – Report
Nigeria has caught up with Angola in the drilling of crude oil, as both nations are now the biggest crude ...Nigeria inflation may hit 30%, Bank of America warns
The Bank of America has said the Monetary Policy Committee of the Central Bank may need to increase interest rates ...
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