Nigeria to attend first Paris International Agricultural Show
Feb 21, 2024 Nigeria will be attending its first Paris International Agricultural Show, which will be held from February 24 […]
African Business News
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Central Bank of Nigeria Raises Cargo Clearance Exchange Rate to N1,605 per US Dollar Amidst Foreign Exchange Crisis
The Central Bank of Nigeria (CBN) has implemented its sixth exchange rate increase of 2024, setting the new rate for
Government Plans to Restart Cash Transfers to Alleviate Hardship Amid Economic Crisis
The federal government of Nigeria has announced its intention to reinstate direct cash transfers to assist the country’s poorest and
African Business News
CBN’s Monetary Policy Committee Nominees Address FX and Food Crisis
The Central Bank of Nigeria’s Monetary Policy Committee (MPC) nominees have pledged to resolve the country’s foreign exchange and food
Forex Crisis: Binance and Other Crypto Firms Face Ban in Nigeria
Forex Crisis: Binance, other crypto firms face ban in Nigeria February 21, 2024 The special adviser to the president on
Senate Urges Government to Halt Removal of Electricity Subsidy
February 21, 2024 – By Reporter The Senate on Wednesday, February 21, resolved to call on the federal government not
Government Raises Cargo Clearance Exchange Rate to N1,605/$
Image of cargo ship for illustrative purposes The Central Bank of Nigeria has once again adjusted the exchange rate for
Nigeria Customs Service Vows to Combat Illegal Grain Smuggling
The Nigeria Customs Service (NCS) has reaffirmed its commitment to ramping up efforts to combat the illicit smuggling of Nigeria’s
Outcry as Cement Price Reduction Fails to Satisfy Builders
Developers within the construction industry have expressed dissatisfaction with the recent agreement between the Federal Government and cement manufacturers regarding
US Dollar Supply Jumps 76.62% in Forex Market as Naira Sees Slight Gain
The US Dollar supply in the official foreign exchange market surged by 76.61% to $117.32 million, leading to a marginal
African Business News
Nigeria’s Diesel Price Stays at N1,400 per Litre, NARTO Demands Freight Rate Increase
The price of Automotive Gas Oil (diesel) in Nigeria remains at N1,400 per litre, doubling from its rate of N700
Nigeria Seeks $10 Billion to Stabilize Exchange Rate Amid Naira Decline
The Nigerian Federal Government is taking steps to raise $10 billion to enhance foreign exchange liquidity and stabilize the naira,