Apapa customs smashes revenue record, rakes in N1.02trn
The Nigeria Customs Service (NCS), Apapa Command, on Thursday said it yielded N1.02 trillion in 2022. The customs area controller,...
Business
Tales of new bank naira notes FALSE – CBN to Onitsha traders
The Central Bank of Nigeria, CBN, has portrayed rumours trailing the new naira notes as unreal, revealing that the notes...
World Bank downgrades 2023 global growth forecast to 1.7%
Global economic growth was projected to slow to 1.7 per cent in 2023, 1.3 percentage points below the forecast made...
Naira gains by 0.04% at Investors, Exporters window
The naira on Tuesday exchanged at 461.50 to the dollar at the Investors and Exporters window. The figure represented an...
CBN warns Banks to stop inserting old notes in ATMs or face penalty
The Central Bank of Nigeria (CBN) on Monday exhorted commercial banks in the country to make sure that they comply...
Equity market: Capitalisation gains N193bn
The equity market on Friday maintained a bullish trend, gaining N193 billion or 0.7 per cent to close at N27.899...
77 trillion debt: Shock over national debt unnecessary – DMO
The Debt Management Office (DMO) has said that the panic generated around the country’s projected public debt was unnecessary. The...
Air Peace mandates inquiry into aircraft destruction by ground equipment
Air Peace Airline has urged the aviation authorities to look into the ground handling equipment that collided and damaged its aircraft...
Stock market broadens profit by 0.12%
The Nigerian Exchange Ltd. (NGX) on Wednesday gained N34 billion as market capitalisation closed at N28.136 trillion from N28.102 trillion...
Student rakes in N80,000 monthly from spices trade
A final year student of Modibbo Adama University, Yola in Adamawa, Raudah Sheik-Jimeta says she makes N80,000 monthly from the...
Trading on NGX closes positive, indices up by 0.12%
The Nigerian Exchange Ltd. (NGX) on Wedsday gained N32 billion, or 0.12 per cent, as market capitalisation closed at N26.947...
Cash Withrawal: CBN evaluates cash withdrawal limits to N500,000, N5m
The Central Bank of Nigeria (CBN) has disclosed an upward review of cash withdrawal limits to N500, 000 and N5...
Afrixembank launches $100m quality assurance centre to improve Nigerian exports
The African Export–Import Bank (Afrixembank) has reiterated its commitment to save Nigeria from over $700 million losses agro-export rejections with...
Tariffs must be handled to initiate $3.4 trillion AfCFTA benefits – MicCom boss
Mrs Bukola Adubi, the Chief Operating Officer, MicCom Cables and Wires, says the Federal Government and the organised private sector...
Economists advise CBN to deter hoarding, counterfeiting of redesigned naira
Economists have urged the Central Bank of Nigeria (CBN) to take firm control of the quantity of the redesigned naira...
RT200: Export revenue repatriation to hit $1bn in Q4 – Emefiele
The Governor of, the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Saturday, conveyed optimism that export proceeds repatriation...
Newly Naira notes currently in banks, prepared for disbursement – Emefiele
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, announces the newly redesigned Naira notes are already...
Equity market remains bullish, up by 0.12%
The nation’s equity market on Wednesday remained on a bullish note with bargain buying on Nestle and other 10 stocks....
CBN to curb cash withdrawals to N100,000 weekly
The Central Bank Of Nigeria has set fresh cash withdrawal limits on individuals and corporations, which assumes effect from January...
Tackling air fare: Passengers urge FG to strengthen naira value
Some air passengers at Nnamdi Azikiwe International Airport (NAIA), Abuja have urged the Federal Government to strengthen economic policy to...
