By Busayo Onijala The Nigeria Customs Service (NCS) says the African Continental Free Trade Agreement(AfCFTA) stands as a golden opportunity for Nigeria to significantly enhance its foreign exchange earnings. The Comptroller General of Customs (CGC), Comptroller Adewale Adeniyi, said this at the Distinguished Lecture Series organised by theContinue Reading
By Kadiri Abdulrahman The Central Bank of Nigeria (CBN), has expressed optimism that its monetary policy initiatives are yielding the desired results. The bank’s Director, Corporate Communications Department, Isa AbdulMumin said this in Abuja on Wednesday, while speaking on the latest National Bureau of Statistics (NBS) figures. AccordingContinue Reading
By Okeoghene Akubuike The International Monetary Fund(IMF) and the University of Oxford have inaugurated “PortWatch ” Platform to monitor and simulate trade disruptions to maritime trade due to climate extremes and other shocks. This is according to a statement by the IMF, a copy obtained by the News AgencyContinue Reading
By Rukayat Moisemhe Stakeholders in the food and beverage industry have urged the Federal Government to disregard any campaign aimed at increasing current Sugar-Sweetened (SSB) tax from N10 per litre to N30 per litre. Mr Segun Ajayi-Kadir, the Director-General, Manufacturers Association of Nigeria (MAN), via a statement on WednesdayContinue Reading
Managing Director, Shell Nigeria Exploration and Production Company Ltd. (SNEPCo), among other dignitaries at the NAPE’s 41st annual conference and exhibition in Lagos on Wednesday By Yusuf Yunus Mrs Elohor Aiboni, the Managing Director of Shell Nigeria Exploration and Production Company Ltd. (SNEPCo), says Nigeria needs to diversify itsContinue Reading
By Okeoghene Akubuike The National Bureau of Statistics (NBS) said Nigeria’s headline inflation rate increased to 27.33 per cent in October 2023. The NBS disclosed this in its Consumer Price Index (CPI) and Inflation Report for October, which was released in Abuja on Wednesday. According to the report, the figure,Continue Reading
By Kadiri Abdulrahman The Central Bank of Nigeria (CBN), says the old Naira banknotes will henceforth remain legal “ad infinitum ”. CBN’s Director, Corporate Communications Department, Isa AbdulMumin, said this in a statement on Tuesday in Abuja. The News Agency of Nigeria (NAN) recalls that the CBN had introduced redesignedContinue Reading
By Lucy Ogalue The Corporate Affairs Commission (CAC) has secured the Standard Organisation of Nigeria (SON) ISO 9001:2015 recertification for another three-years. The certificate is in recognition of the excellent services being rendered by the CAC, the Deputy Director, Budget, Planning, Research, and Statistics, Uzoma Oji, said on Tuesday inContinue Reading
By Lucy Ogalue The African Development Bank’s (AfDB) Nigeria Country Director-General, Lamin Barrow, has highlighted some key projects that Nigeria sought to promote at the just concluded African Investment Forum (AIF). Barrow, in an interview with the News Agency of Nigeria (NAN), said Nigeria had a very strong participation atContinue Reading
By Rukayat Moisemhe The Chartered Institute of Directors (CIoD) has stressed the need for good corporate governance to unlock the potential in agriculture, solid minerals and the blue economy to diversify the economic landscape. The President of CIoD, Alhaji Tijjani Borodo, said this during a news conference on Monday inContinue Reading
