Business

Naira Reaches an All-time Low at Official Market

The naira fell to a new all-time-low of N1,534/$ on the official Nigerian Autonomous Foreign Exchange Market on Monday. This…

2 years ago

Customs Set to Surpass N5trn Revenue Target

Comptroller-General of the Nigerian Customs Service (NCS), Adewale Adeniyi, has told the National Assembly that the Service will surpass its…

2 years ago

Manufacturers Challenge NAFDAC Over Ban on Alcohol in Sachets, PET Bottles

The Manufacturers Association of Nigeria has picked holes in the position of the National Agency for Drugs Administration and Control…

2 years ago

Government Approval Delays Dangote Refinery Fuel

Indications have emerged that lingering regulatory approvals have stalled Dangote Petrochemical Refinery’s plan to release aviation fuel (Jet A1) and…

2 years ago

Nigeria’s One-year Treasury Bill Oversubscribed

Nigeria’s one-year treasury bill was oversubscribed by 300 per cent during the Primary Market Auction by the Central Bank of…

2 years ago

Senate Gives Edun Seven-day Ultimatum on N100bn Gas Project

The Senate Committee on Gas has given the Finance Minister, Wale Edun, a-seven-day ultimatum to provide details of the award…

2 years ago

Association Protests Sachet Alcohol Ban Could Result in 500,000 Job Layoffs

The Food Beverage and Tobacco Senior Staff Association (FBTSS) and the National Union of Food Beverages and Tobacco Employees (NUFBTE)…

2 years ago

Fuel Scarcity Hits Lagos as Long Queues Emerge in Filling Stations

Petrol scarcity has been reported in Lagos State, as long queues emerged in some filling stations on Monday. The scarcity…

2 years ago

NAPTIP Arrests 8 for Child Trafficking, Rescue 5 Victims

The National Agency for the Prohibition of Trafficking in Persons, NAPTIP, Makurdi Zonal Command, has dismantled a child trafficking syndicate,…

2 years ago

CBN Orders Banks to Sell Excess Dollars in 24 Hours

Amid its fresh moves to stabilise the nation’s volatile exchange rate, the Central Bank of Nigeria, CBN has ordered Deposit…

2 years ago