The Nigeria Customs Service, Ports & Terminal Multiservice Limited Command, has reported a total revenue collection of N288bn between January and November 2024. The command noted that this figure …
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Strengthen diplomatic presence to boost economy, FG urged
The Executive Assistant on External Relations to the Governor of Delta State, Sunday Ofehe, has raised concerns over Nigeria’s limited diplomatic presence, warning that it could hinder the country’s …
Read More »Oil imports crashed by 35% in Q2 – CBN
Nigeria’s oil imports dropped by 35 per cent in the second quarter of 2024, amounting to $2.79bn, down from $4.31bn in the previous quarter. This is according to the …
Read More »NGX: Aradel, Conoil other stocks soar as investors gain N188bn
Investors in the Nigerian equities market gained N188 billion at the close of trading on Friday. This followed a surge in the share prices of stocks like Aradel, Conoil and …
Read More »Oando targets 100,000bpd production with NAOC acquisition
Nigerian multinational energy company Oando Plc is targeting a production of 100,000 barrels per day (bpd) by 2028. This follows its landmark acquisition of Eni’s Nigerian Agip Oil Company (NAOC) …
Read More »Global food prices surge to 18-month high, says FAO
Global food prices rose in October to their highest level in 18 months, with a sharp increase in the cost of vegetable oil, the Food and Agriculture Organization (FAO) an …
Read More »Top features to look for in the best forex brokers in Nigeria
Forex trading has become increasingly popular in Nigeria over the last decade. With Nigeria’s large economy and increasing internet penetration, many Nigerians have started trading currencies online to supplement their …
Read More »Adopt alternatives to interest rate hikes, treasurers urge govt
The Association of Corporate Treasurers of Nigeria has called on the Federal Government to explore alternative methods of tackling inflation without resorting to further interest rate hikes. The ACTN …
Read More »ChitChat expands financial services
ChitChat, a leading African social commerce platform, has announced the launch of its new remittance feature, which enables seamless cross-border money transfers across 13 countries worldwide. This feature, according …
Read More »Moroccan firm, Thales Alenia partner to boost telecom service
A Moroccan company, Panafsat, and Thales Alenia Space, the joint venture between Thales (67 percent) and Leonardo (33 percent), has signed a memorandum of understanding for the development of …
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