We're Targeting $13bn Revenue From National Assets - Finance Minister
Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun yesterday in Lagos unveiled plans to leverage the nation’s assets to generate about $13 billion annual revenue.
Edun disclosed this while speaking at the...
Seme Customs Generate N8bn From Exports
The Nigeria Customs Service, Seme Area Command, said it facilitated N8bn worth of export cargoes from September till date.
The Customs Area Controller in charge of the command, Timi Bomordi, said this on Tuesday while addressing journalists at the command...
Collective Investment Funds Now N2.1trn – SEC
The Director General of the Securities and Exchange Commission (SEC) Lamido Yuguda, has said the amount of Collective Investment Scheme funds held in custody has hit N2.1tn as of the end of October 2023 from N1.1tn at the...
Naira Crashes to N1,000 Per Dollar in Official Market
Despite recent moves by the Central Bank of Nigeria to strengthen the foreign exchange market, the naira closed trading on the Investor & Exporter forex window on Thursday at N996.75/$.
This is a 13.95 per cent decline...
'N1trn Lost Annually to Poor Maritime Infrastructure'
Nigerian shipowners have said that the country’s maritime sector is losing about N1tn annually due to poor infrastructure.
The immediate past president of the Shipowners Association of Nigeria, Greg Ogbeifun, said this on Tuesday in Lagos at the national...
Old Banknote Remains Legal Tender - CBN
Every banknote remains legal tender and should not be rejected by anyone, the Central Bank of Nigeria has disclosed.
This is as the apex bank directed all its branches across the country to continue to issue different denominations of...
