The Central Bank of Nigeria (CBN), has issued a circular prohibiting the use of foreign currency (FCY), as collateral for…
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The Association of Bureaux De Change Operators of Nigeria (ABCON) has made a formal appeal to the Central Bank of…
The Central Bank of Nigeria has once more declared its intention to sell dollars to Bureau De Change operators, as…
Tesla CEO Elon Musk announced on Friday that he plans to unveil a robotaxi this summer, signalling the company’s continued…
Following the depreciation of the Nigerian currency (Naira) in the past few months, further setbacks have hit the West African…
In a move reflecting a broader shift in policy, the Nigerian Electricity Regulatory Commission (NERC) recently sanctioned a tariff hike…
Imports of raw materials into the country rose by 25 per cent to N3tn in 2023. This is according to…
The Nigerian Electricity Regulatory Commission (NERC) has greenlit an increase in electricity tariffs specifically aimed at customers falling under the…
The Nigeria Customs Service (NCS) has observed a decline in the volume of Single Goods Declarations (SGDs) for imports in…
As of December 2023, Nigeria’s public debt has surged to an estimated N97.34 trillion ($108.23 billion), marking a staggering 146%…
In a recent statement from Mr. Musliu Oseni, the Vice Chairman of the Nigerian Electricity Regulatory Commission (NERC), it was…
During press briefing in Abuja, NERC Vice Chairman, Musilu Oseni, has announced the approval of a new electricity tariff for…