Economy

Nigeria borrowed 5,000MT of grains from ECOWAS – FG

The Federal Government has said a total of 5,000 metric tonnes of assorted grains were borrowed by Nigeria from the…

6 years ago

Breaking: Nigeria’s economy contracts by -6% in Q2 2020

Nigeria’s Gross Domestic Product (GDP) has contracted by six percent in the second quarter of 2020, a new report by…

6 years ago

Stakeholders fault NBC on advertising debts

Following the release of the recently amended National Broadcast Code by the National Broadcasting Commission (NBC), stakeholders in the sector…

6 years ago

African shippers urge foreign shipping companies to suspend peak season surcharge

The Union of African Shippers’ Council (UASC) has called for the immediate suspension of Peak Season Surcharges (PSS) imposed by…

6 years ago

Customs proposes Excise Duty on soft drinks

The Nigeria Customs Service (NCS) is proposing to collect excise duty on soft drinks, abolished in 1993 by the interim…

6 years ago

SEC strengthens clampdown on illegal capital market operators

The Securities and Exchange Commission (SEC), has moved to strengthen its enforcement on illegal capital market operators. Speaking at the…

6 years ago

Naira strengthens against US Dollar

Barely 24 hours after the Naira was forced to a downward trajectory by dollar scarcity, it bounced back closing at…

6 years ago

Nigerian importers bemoan surcharge on cargoes by int’l shipping firms

Importers in the country are currently groaning under huge surcharge imposed on them by the international shipping firms on cargoes…

6 years ago

Naira closes flat at N385.50 in I&E FX window

At the end of official trading activities at the Investors & Exporters (I & E) Foreign Exchange window on Tuesday,…

6 years ago

PENGASSAN, NUPENG suspend strike

Members of Nigeria’s major labour unions in the oil and gas sector have suspended the strike they embarked upon in…

6 years ago

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