The Central Bank of Nigeria (CBN) has launched a portal for Foreign Exchange (FX) Price Verification System (PVS), facilitating importers’ access to forex. In an
Category: Business & Economy
Obaseki claims FG’s poor governance is Nigeria’s top challenge
Edo State Governor Mr. Godwin Obaseki, has attributed the worsening socio-economic difficulties afflicting the nation to the federal government’s failure to fulfill its obligations. Addressing
Export imperative to address forex crisis, says Obaseki
The Edo State Governor, Mr. Godwin Obaseki, has said that Nigeria must recalibrate the economy to export semi-finished and finished products else Nigeria’s parlous foreign
UPDATE: What you need to know about NNPC Ltd’s $3billion Emergency Crude Repayment Loan from Afrexim bank
1. What is the $3 billion loan about? The NNPC Ltd. secured an emergency $3 billion crude oil repayment loan from AFREXIM Bank. This is
NNPCL denies plan to raise pump price
The Nigerian National Petroleum Company Limited (NNPCL) has officially announced that there are no plans to increase the retail price of petroleum. This statement was
USAID/Nigeria partners with Emzor for new groundnut paste processing facility
The United States government, through the U.S. Agency for International Development (USAID), has signed a new private sector partnership with Emzor Food and Beverages Limited,
Dangote congratulates Ganduje on his election as APC chairman
In a significant show of support and recognition, Aliko Dangote, a prominent figure in Africa’s business landscape and the influential head of Dangote Industries Limited
NIS says Nigeria borders with Niger remain closed
Nigeria’s borders with the Republic of Niger remain tightly shut, as confirmed by Dr. Aridegbe Adedotun, the spokesperson of the Nigeria Immigration Service (NIS). He
Abia partners with Hungarian firm Ortoprofil for manufacturing plant
In a significant development, Dr. Alex Otti, the distinguished Governor of Abia State, has wholeheartedly sanctioned the commencement of discussions between the state’s administration and
FG partners WEMA Bank to set up MSME tech hubs in seven states
Targets 1 million youths, 500,000 MSMEs with grants, digital training As part of President Bola Ahmed Tinubu’s administration’s commitment to enhancing digital employment opportunities for
