CBN Slashes Import Duty Forex Rate   The Central Bank of Nigeria (CBN) has further reviewed downward the Customs Foreign Exchange duty rate from N1,630.159/$ to N1,544.081/$ on Monday, March 04, 2024. The slash which represents 5.3 percent follows the stability in the exchange rate of naira...

CBN Slashes Import Duty Forex Rate   The Central Bank of Nigeria (CBN) has further reviewed downward the Customs Foreign Exchange duty rate from N1,630.159/$ to N1,544.081/$ on Monday, March 04, 2024. The slash which represents 5.3 percent follows the stability in the exchange rate of naira...

Naira Devaluation: MTN, Airtel Lost N1.29 trillion in 2023 The devaluation of the naira last year took a big bite out of the revenues of two of the country’s biggest telecommunications companies. Airtel and MTN Nigeria lost N1.29 trillion to the devaluation. MTN posted a loss...

Naira Devaluation: MTN, Airtel Lost N1.29 trillion in 2023 The devaluation of the naira last year took a big bite out of the revenues of two of the country’s biggest telecommunications companies. Airtel and MTN Nigeria lost N1.29 trillion to the devaluation. MTN posted a loss...

Dangote Cement Announces N553.10bn Profit Dangote Cement Plc has announced has a profit before tax of N553.10billion in financial year ended December 31, 2023, representing an increase of nearly six per cent from the N524 billion reported in 2022 financial year. The cement manufacturing company also...

Dangote Cement Announces N553.10bn Profit Dangote Cement Plc has announced has a profit before tax of N553.10billion in financial year ended December 31, 2023, representing an increase of nearly six per cent from the N524 billion reported in 2022 financial year. The cement manufacturing company also...