Business

Libya Central Bank Reunifies After Nearly A Decade

The move towards the unification of the bank started in 2020 as part of a peace progress attempt.

1 year ago

Onitsha River Port Receives First Commercial Barges

It is expected to herald a weekly occurrence of 600 tons of tiles to Onitsha and 600 tons of clay…

1 year ago

Report: Nigerian Manufacturers At Receiving End of Country’s Debt Burden

“A whooping debt service-to-revenue ratio of over 100 percent may spell doom for the new administration."

1 year ago

Nigerian Textile Manufacturers Seek Special Grant From Government to Revive Industry

A former president, Carpet Manufacturers Association of Nigeria, said over 30 textile companies in Nigeria have closed shop, and 60,…

1 year ago

Fraudsters Steal N9.5bn Electronically From Nigerian Banks and Payment Systems in 7 Months

The CBN called for enhanced collaboration to stem the tide, and also released fresh guidelines for forex sale by BDCs.

1 year ago

Zulum Seeks Collaboration with Customs For Growth of Business in Borno

This will be through enhanced trans-border trade with neighbouring countries of Cameroon, Chad and Niger Republic.

1 year ago

Tinubu Approves Establishment Of Presidential Compressed Natural Gas Initiative

It's targeting 11,500 new CNG-enabled vehicles and 55,000 CNG-conversion kits for existing vehicles.

1 year ago

Innoson CEO: Alex Otti Is One of My Best Customers, I’m Not Against His Purchase of 20 Toyota Vans

"He has bought 80% of his needs from me. It's not bad that he took some from any other place…

1 year ago

CBN’s Price Verification Portal For Imports, Exports Goes Live

It said the PVR has become a mandatory trade document precedent to the completion of a Form M going forward.

1 year ago

Naira Gains Further on Thursday, Sells At N840/$1 On Parallel Market

With the appreciation at both the official and parallel markets, the gap between both segments of the forex market reduced…

1 year ago