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NDLEA Partners CCC on Anti-Drug Communication

NDLEA Partners CCC on Anti-Drug Communication The Chairman of the National Drug Law Enforcement Agency (NDLEA), Brigadier General Buba Marwa (Rtd), has called for bolstered collaboration with civil society organizations and local communities to address the pervasive drug crisis in Nigeria. General Marwa made this impassioned...

FRC: Proposed Valuation Regulations Will Improve Financial Sector

According to Dr Rabiu Olowo, the Executive Secretary/Chief Executive Officer of the Financial Reporting Council of Nigeria (FRC), has noted that the proposed valuation regulations will strengthen the financial landscape in the country.

CBN Adjusts Dollar Rate to Clear Goods at Nigerian Ports

The Central Bank of Nigeria (CBN) has made adjustments to foreign exchange rates for cargo clearance in Nigeria’s air and seaports, which becomes effective on Tuesday, December 3, 2024. 

Senate Approves MTEF, Investigates NNPCL Over N8.4tn Subsidy Funds

The Senate gave its approval on Tuesday for the 2025–2027 Medium Term Expenditure Framework and Fiscal Strategy Paper submitted earlier by the President Bola Tinubu as he prepares to present the 2025 budget to the National Assembly this week. 

Tech Giants Contribute $1.5 Billion in Taxes to Nigeria in First Half of 2024

Tech Giants Contribute $1.5 Billion in Taxes to Nigeria in First Half of 2024 In a significant boost to Nigeria's digital economy, foreign digital companies, including major players like Google, X (formerly Twitter), Microsoft, and TikTok, have collectively paid over N2.55 trillion (approximately $1.5 billion)...

Forex Turnover in NAFEM Rises by 61% to $43bn

Forex Turnover in NAFEM Rises by 61% to $43bn   The volume of dollar traded (turnover) in the Nigerian Foreign Exchange Market (NAFEM) rose Year-on-Year (YoY) by 61.9 percent to $43.09 billion in the first eleven months of 2024 (11M’24) from $26.6 billion in the corresponding...