Forex: Nigeria Lost $1.4 billion Over Restrictions According to the Central Bank of Nigeria (CBN), Nigeria has lost approximately $1.4 billion over the restriction of forex to 43 items by the Central Bank under the leadership of Godwin Emefiele. The Deputy Governor of the CBN in...

Why CBN, NNPCL Agree to Domicile Oil Firm's Revenue in Apex Bank In an effort to improve efficiency and bolster their commercial activities, the Nigerian National Petroleum Company Limited (NNPC Ltd) and the Central Bank of Nigeria (CBN) have announced their intentions to strengthen their...

APM Terminals to Invest $500m in Developing Apapa Ports The owners of APM Terminals have expressed their readiness to invest half a billion dollars in Apapa port to make it one of the biggest in Africa. This was disclosed by the Global CEO of APM Terminals,...

LCCI: FG Must Address Mineral Challenges To Reduce Oil Dependency The Lagos Chamber of Commerce and Industry (LCCI), has charged the Federal Government that, even though the policy to regulate the solid minerals sector in Nigeria has potential economic benefits, the need to address the...

Our Plan to Make Nigeria Globally Competitive in Sugar Production - NSDC Boss  The Executive Secretary of the National Sugar Development Council, Mr Kamar Bakrin, has pledged his commitment to driving more investments into the sugar sector through the effective implementation of the Nigeria Sugar...

Court Orders FG to Fix Prices of Food, Petrol, Others in Seven Days A Federal High Court sitting in Lagos, on Wednesday, ordered the federal government to fix the prices of petrol, diesel, kerosene and other goods within seven days from February 7, 2024. Trial judge,...