Oyetola Rallies Stakeholders on Removing Barriers to Investments in Maritime Sector The Minister of Marine and Blue Economy, Adegboyega Oyetola, has charged heads of agencies and parastatals in the Ministry to redouble their efforts in ensuring the realisation of the presidential mandate on investment drive. Oyetola...

NCS Increases FX Rate for Import Duties to N1,441/$ The Nigeria Customs Service (NCS) has increased the foreign exchange (FX) rate for import duties to N1,441.58 per dollar. The increase represents a 4.94 percent as against the N1,373.64/$ adopted on May 1. The rate adopted by customs...

Gender Inclusion: FG, Japan to Partner on Agriculture for Economic Development  The Federal Ministry of Women Affairs in an effort to ensure the participation of women in the economic development of the country has expressed its readiness to collaborate with the Japanese Government in the...

Active Mobile Subscribers Drop by 5.4m Due to NIN-SIM Linkage The total active mobile subscriptions in the country dipped by 5.4 million or 2.4 per cent, settling at 219 million in the first quarter of 2024, data obtained from the Nigerian Communications Commission has shown. In...

FG Announces Plan to Review Mining Licence Rates The Federal Government, through the Ministry of Solid Minerals Development, has announced plans to review the rates of mining licences and other fees payable by mining operators in the country. According to the minister, in a statement signed...

Naira Closes 1,402/$ at Official Market The naira traded at a loss at the official market, depreciating to N1,402 against the United States dollar on Thursday. According to data from the FMDQ exchange securities, the naira dropped by N12 or 0.86 per cent from the N1,390...