CBN Explains $23b Net Reserve

CBN Explains $23b Net Reserve

Nigeria’s Net Foreign Exchange Reserve (NFER) hits $23.11 billion at the end of 2024, the highest level in over three years, the Central Bank of Nigeria (CBN), disclosed on Wednesday. According to CBN, the development reflects a substantial improvement in...
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US Slams 14% Tariff On Nigerian Exports

US Slams 14% Tariff On Nigerian Exports

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Tinubu Reconstitutes NNPC Board, Appoints Ojulari Group CEO

Tinubu Reconstitutes NNPC Board, Appoints Ojulari Group CEO

President Bola Ahmed Tinubu has approved the reconstitution of the Nigerian National Petroleum Company (NNPC) Limited board, removing the chairman, Chief Pius Akinyelure and the group chief executive officer, Mallam Mele Kolo Kyari. City Business News reports ...
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ISA 2025: Ponzi Operators Risk 10 Year Jail Term, N20m Fine

ISA 2025: Ponzi Operators Risk 10 Year Jail Term, N20m Fine

Promoters and operators of any entity engaged in a prohibited scheme commits an offence and is liable on conviction to a penalty of not less than N20 million or imprisonment to a term of 10 years or both. This is one...
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Minister Harps On Public-Private Collaboration To Foster Sustainable Art Industry

Minister Harps On Public-Private Collaboration To Foster Sustainable Art Industry

Hannatu Musa Musawa, the Minister of Art, Culture, and Creative Economy, has called for stronger collaboration between the private and public sectors to ensure the sustainability of Nigeria’s art industry.  The Minister also lauded Ecobank Nigeria, ...
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Shippers’ Council: WACT Tariff Increment Within Industry Benchmark

Shippers’ Council: WACT Tariff Increment Within Industry Benchmark

The Nigerian Shippers’ Council  (NSC) on Monday, defended the proposed tariff increment by the West Africa Container Terminal (WACT), a subsidiary of APM Terminal. The Onne Port- based terminal operator had given its customers a notice to increase ...
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Tinubu Extends Nandap’s Tenure As Immigration CG

Tinubu Extends Nandap’s Tenure As Immigration CG

President Bola Tinubu has approved an extension of Mrs. Kemi Nanna Nandap’s tenure as the Comptroller-General of the Nigeria Immigration Service (NIS) through December 31, 2026.  A statement issued on Monday by the Special Adviser to the President on In...
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Anxiety Over Meningitis Outbreak In Nigeria

Anxiety Over Meningitis Outbreak In Nigeria

Since early March, meningitis has been spreading rapidly throughout several states across Northwest Nigeria, mainly in Kebbi and Sokoto States, an international non-governmental organisation, Médecins Sans Frontières, also known as Doctors Without Borders, h...
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Investdata 2025 Q2 Master Class To Focus On Post-Earnings Season Strategies

Investdata 2025 Q2 Master Class To Focus On Post-Earnings Season Strategies

The Investdata Master Class for the 2025 Q2 holds Saturday, March 29, 2025 with the theme “Post-Earnings Season Strategies For Winning Edge In Q2 Market Oscillation.” As usual, time-tested equity traders and analysts with decades of experience in technical...
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Nigeria, EU Discuss €1.3b Trade Investments In Nigeria

Nigeria, EU Discuss €1.3b Trade Investments In Nigeria

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun and the European Union (EU) Ambassador to Nigeria, Gautier Mignot, commenced high-level discussions on strengthening EU-Nigeria economic cooperation in Abuja. A statement issued by the...
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ILO: Nigeria Seeks  Formal Designation, Elevation Of Seafarers, Others

ILO: Nigeria Seeks  Formal Designation, Elevation Of Seafarers, Others

The Federal Government of Nigeria through its Ministry of Marine and Blue Economy, and the Nigerian Maritime Administration and Safety Agency (NIMASA), has continued its advocacy for the formal designation of seafarers as key workers. This, the government expl...
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Reps To Probe Conditional Cash Transfer

Reps To Probe Conditional Cash Transfer

The House of Representatives has resolved to investigate the conditional cash transfer programme of the Federal Government. Honourable Abass Adigun who moved the motion reminded the House that in order to ensure effective and efficient delivery of the programm...
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Oyetola Tasks Africa’s Maritime Stakeholders On Green Shipping

Oyetola Tasks Africa’s Maritime Stakeholders On Green Shipping

Nigeria’s Minister of Marine and Blue Economy, Adegboyega Oyetola has called on Maritime stakeholders across Africa to leverage the continent’s renewable energy potential to become a global leader in green shipping.  The Minister made the remark a...
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Shippers’ Council Partners Customs On AEO

Shippers’ Council Partners Customs On AEO

As part of measures to foster inter-agency collaboration, the Nigerian Shippers’ Council (NSC) has partnered the Nigeria Customs Service (NSC) to facilitate a workshop programne on Authorized Economic Operation (AEO) for the Council’s operation officers.In...
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