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How Customs Generated N2.1tn Revenue – Official

How Customs Generated N2.1tn Revenue – Official The Area Controller of the Apapa Command of the Nigeria Customs Service, Babatunde Olomu, on Sunday said the compliance of stakeholders contributed to the N2.1tn revenue generated in 2024 by the command. This is as the command was recognised...

Nigeria, France Sign Agreement to Boost Mining

Nigeria, France Sign Agreement to Boost Mining The Federal Government and France have agreed to develop joint projects to promote and diversify the value chain of the critical minerals in the solid minerals sector of both countries. Critical minerals such as copper, lithium, nickel, cobalt, and...

African Countries Pay 500% More on Global Debt – AfDB

African Countries Pay 500% More on Global Debt – AfDB African nations are grappling with a staggering 500 per cent increase in debt servicing costs when borrowing from global markets. The African Development Bank’s Vice President and Chief Economist, Prof Kevin Urama, said this at the...

Naira Depreciates by 0.29% in Parallel Market

Naira Depreciates by 0.29% in Parallel Market The Naira today depreciated to N1,745 per dollar in the parallel market from N1,740 per dollar on Thursday. Similarly, the Naira depreciated to N1,672.69 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the...

Experts Underscore Role of IPRs in Trade Under AfCFTA

Experts Underscore Role of IPRs in Trade Under AfCFTA The National Coordinator of the Nigeria AfCFTA Coordination Office, Olusegun Awolowo, has called for legal protection of African creations, noting that safeguarding Intellectual Property Rights (IPRs) is critical to achieving economic growth and sustainability through the...

P’Harcourt Refinery: We did not Sell Old Stock to Marketers – NNPC

P'Harcourt Refinery: We did not Sell Old Stock to Marketers – NNPC The Nigerian National Petroleum Company (NNPC) Limited says it did not load old stock of petroleum products from the rehabilitated old Port Harcourt refinery. Timothy Mgbere, the secretary of the Alesa community stakeholders, had...