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Naira Closes at N1,050 per Dollar at Parallel Market

Naira Closes at N1,050 per Dollar at Parallel Market The naira yesterday exchanged at N1,050 to dollar at the parallel market. It exchanged at N1,125 to dollar on over the weekend, representing N75 appreciation. Naira appreciated by 0.56 per cent to close at N1,136 to dollar...

Naira Gains Against Dollar, Trades for N1,136.04 per Dollar

Naira Gains Against Dollar, Trades for N1,136.04 per Dollar The Naira on Monday appreciated at the official market, trading at N1,136.04 to the dollar. Data from the official trading platform of the FMDQ Exchange revealed that the Naira gained N6.34. This represents a 0.55 per cent gain...

Nigeria Customs Deepens Ties with Benin Republic to Facilitate Trade

Nigeria Customs Deepens Ties with Benin Republic to Facilitate Trade The Nigeria Customs Service (NCS) has expressed commitment to strengthening the existing bilateral ties with its counterpart in the Republic of Benin, for ease of trade. The Comptroller-General (C-G) of the service, Adewale Adeniyi led a...

Inflation Hits 33.20% in March – NBS

Inflation Hits 33.20% in March - NBS The National Bureau of Statistics (NBS) Monday, April 15, said the inflation rate increased from 31.70% in February 2024 to 33.20% in March 2024. According to the Bureau in its Consumer Price Index (CPI) and Inflation Report March 2024,...

National Grid Collapses Again

National Grid Collapses Again Nigerians have been plunged into darkness again as the nation’s power grid experienced yet another collapse for the fifth time this year. The data obtained from the Nigerian System Operator’s portal (niggrid.org), revealed that grid collapse in the early hours of Monday. The...

NCC Seizes N300m Worth of Counterfeit Books at Onne Port

NCC Seizes N300m Worth of Counterfeit Books at Onne Port The Nigerian Copyright Commission (NCC) has made a significant stride in combating intellectual property piracy by seizing three shipping containers of pirated books with a conservative market value of over N300 million. In a press statement...