economy

Customs sets new record, generates N304bn

….. in October The Area Controller, Apapa Customs Command, Emmanuel Oshoba, says the command is beginning a greater revenue drive, generating N304 billion revenue in October. Oshoba, a Comptroller of…

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16 vessels expected in Lagos ports with petroleum, other goods

The Nigerian Ports Authority (NPA) says 16 ships laden with petroleum products, food items and other goods are expected to arrive at Apapa and Tin-Can Island ports in Lagos. NPA…

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Naira gains further at official market

The Naira on Monday appreciated further at the official foreign exchange market, trading at N1,452.79 to the dollar. Data from the Central Bank of Nigeria (CBN) showed the Naira gained…

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Equities market ends 9-day bullish run

The equities market reversed its nine-day bullish trend on Monday, recording a total loss of N94 billion. The downturn was driven by profit-taking in major stocks such as Deap Capital…

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NGF congratulates Tinubu, Nigerians on exit from FATF grey list

Biodun Esan, Ilorin The Nigeria Governors’ Forum (NGF) has congratulated President Bola Ahmed Tinubu, and the people of Nigeria on the country’s removal from the Financial Action Task Force (FATF)…

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Customs seizes concealed illicit drugs worth ₦5.3bn

……..at Tin Can command The Nigeria Customs Service, Tin Can Island Command, has intercepted two containers of vehicles used to conceal illicit drugs worth over ₦5.3 billion. The Customs Area…

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Economic reforms yielding visible results, says CBN Gov

The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says the country’s economic reforms are yielding visible results. Speaking in Washington DC at the end of the Annual…

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Naira slips to N1,475.35 against dollar at official market

The Naira depreciated on Friday, trading at N1,475.35 to the Dollar at the official foreign exchange market, according to figures released by the Central Bank of Nigeria (CBN). The decline…

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Kano seals renewable energy deals, signs MoU

……..solar panel manufacturing plants Kano State Government has signed two major renewable energy agreements with Tricell Solar Solutions and IRS Green Energy Limited. The deals, signed during the Nigeria Renewable…

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Minister: FG ‘ll move against schools charging tuition fees in foreign currencies

The Minister of Solid Minerals Development, Dr Dele Alake says Schools in Nigeria charging tuition fees in foreign currencies should be closed. Alake made the call at the Nigeria Gold…

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