News
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Apapa Customs collected N1tn in six months – Comptroller
The Nigeria Customs Service, Apapa Area Command, said it collected N1.02tn worth of revenue between January and June 2024.The Customs…
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Naira appreciates as foreign reserves hit 13-month high
The naira reclaimed part of losses sustained over the weeks as foreign exchange liquidity pressures reduced over the weekend, with…
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Foreign investments in manufacturing sector drop by 54% — NBS
Foreign investments in Nigeria’s manufacturing sector fell by $326m (54 per cent) to $279.5m in the third quarter of 2023…
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Investors Lost N8.62bn as NGXASI Declined by 0.02%; BDC Rate Depreciated to N1,520/USD
1. EQUITIES MARKET 1.1 NGX – Listed Equities The Nigeria stock market kicks off the trading week on a downward trend, continuing the…
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NGX’s Recent Technical Suspensions: The Issues, The Companies and The Call for Action
The Nigerian Exchange Limited (NGX) announced today, July 08, 2024, the technical suspension of trading in shares of eight entities,…
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NNPC blames fuel queues on thunderstorm, assures of improved supply
The Nigerian National Petroleum Company Limited (NNPCL) has attributed the fuel queues in the FCT and parts of the country…
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FG links Agbara industrial hub to national grid
In the quest to enhance power infrastructure for manufacturers and business owners in Nigeria, the Federal Government has announced that the…
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FG urged to restore 40% import fees on LPG cylinders
Group Managing Director of Techno Oil Limited, Nkechi Obi, has called on the Federal Government to restore the 40 percent…
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CAC extends registration deadline for POS operators to September 5
The Corporate Affairs Commission (CAC) hasextended the registration deadline for point of sales (POS) operators to September 5. The CAC…
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FG exempts GenCos, DisCos, others from withholding tax
The federal government has categorised all electricity companies, including the Generation and Distribution Companies (GenCos and DisCos), as those exempted…
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