Business
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CBN raises Customs duty
The Central Bank of Nigeria has increased the exchange rate used for calculating Customs duty at the seaports in the...
FG commits to food sufficiency
President Bola Tinubu has expressed his dedication to ensuring Nigeria's self-sufficiency in food production and transforming the country into a...
Presidency moves to remove moles in civil service
The Presidency has requested an investigation into the civil service framework in order to eliminate individuals it refers to as...
FG approves Electricity Act
President Bola Tinubu, has formally approved and enacted the Electricity Act (Amendment) Bill, 2024, thus making it legally binding.The legislation,...
Naira to facilitate Int’l transactions
In accordance with the recent directives from the Central Bank of Nigeria, naira will now be the currency for international...
Nigeria gets $1b inflow from investors – CBN Gov tells Senate
Olayemi Cardoso has addressed the senate, informing them that in recent days, the foreign exchange market has experienced an inflow...
Senate discovers $400m intervention funds in banks
The Nigerian Senate has brought to light the existence of $400 million in intervention funds that have been held in...
NNPCL board allows transfer of revenue in USD to CBN
The board of directors of Nigeria National Petroleum Corporation Limited has given its approval for the transfer of revenue in...
MultiChoice agrees to pay N35.4b as tax obligations
MultiChoice Group has agreed to pay N35.4 billion as part of its tax obligations to the Federal Inland Revenue Service....
TotalEnergies seeks to sell minority stake in Nigeria, after Shell’s exit
French energy company TotalEnergies is currently looking for interested buyers for its minority stake in a significant onshore oil joint...