JUST IN: NIGERIA’S TRADE SURPLUS REACHES N6.95TN IN Q2 2024 AS IMPORT DROPS
Nigeria had a modest dip in overall merchandise trade in the second quarter of 2024, but the country still posted a trade surplus of N6.95...
FIRE RAZES SHOP AT ITAMAGA PLANK MARKET IN LAGOS
The Lagos State Emergency Management Agency (LASEMA) has reported a fire at the Itamaga Plank Market in Ikorodu, Lagos State. Nosa Okunbor, the agency's Head...
BUSINESS: BRENT CRUDE FALLS BELOW $70 PER BARREL
Agency Report Due to growing worries about slowing global growth, the key international benchmark for oil fell below $70 per barrel on Tuesday for the...
VAT REMAINS 7.5% NOT 10% – WALE EDUN
Wale Edun, Minister of Finance and Coordinating Minister of the Economy, disputed rumours on Monday that the Value-Added Tax (VAT) rate had been raised to...
ABUJA-BASED POULTRY OWNER RECOUNT LOSES AFTER N150M INVESTMENT WITH 5000 BIRDS WAS DEMOLISHED
Akomolafe Bankole, a poultry farmer who goes by the handle #henrich_banks on X.com, has expressed regret over the Federal Capital Development Authority officials demolishing his...
MURIC ACKNOWLEDGES NNPCL’S CLARIFICATION REGARDING SOLE DISTRIBUTION OF DANGOTE REFINERY’S PRODUCTS
By: Ajape Sefiu A. …Says There’s Need For NNPCL, Dangote, Stakeholders To Brainstorm on Reducing Fuel Price The Muslim Rights Concern (MURIC) has reacted to...
WE’RE NOT UNDERMINING DANGOTE, NNPCL REPLIES MURIC
The Nigeria National Petroleum Company Limited (NNPC Ltd) has refuted allegations made by the Muslim Rights Concern (MURIC) that the company is hindering Dangote’s ability...
OPAY TO CHARGE N50 LEVY ON TRANSACTIONS ABOVE N10,000 FROM SEPTEMBER 9
…Says Entire Fee Going Directly to FG Leading fintech mobile money operating company, OPay, has announced a new charge on electronic transfers into personal and...
CBN BOOSTS FOREX SUPPLY, ANNOUNCES SALE OF $400M TO BDCs
In a move to boost forex supply, the Central Bank of Nigeria has announced the sale of dollars to Bureau De Change operators. This was...
BUSINESS: NIGERIA, TUNISIA SET TO BEGIN DIRECT FLIGHT IN 2026
The Ambassador of Tunisia to Nigeria, Mohsen Antit, has announced that direct flights between Tunisia and Nigeria are expected to commence in 2026. This initiative...