Thursday, July 2, 2026
New CBN forex policy raises cost of importation, exportation in Nigeria
By Samson Echenim Import tariffs and export excise duties have gone up after the Nigeria Customs Service began implementation of...
Read moreDetailsNigeria offers ships 10% discounts to call at it’s eastern seaports
By Samson Echenim Nigeria, Africa's largest economy by gross domestic product is offering ships 10 percent discounts in ship harbour...
Read moreDetailsForcados shutdown drags Nigeria’s production as OPEC’s May output shrinks
OPEC has so far avoided a bruising intra-bloc market share battle, with top exporter Saudi Arabia’s crude oil production falling...
Read moreDetailsWorld shares rally again on Trump tariff relief, Fed hopes
World shares rallied on Tuesday to hold near one-month highs, with German carmakers outperforming and Wall Street looking to extend...
Read moreDetails$4.7b capital boost coming for DisCos
The federal government is shopping for $4.7 billion to recapitalise the electricity Distribution Companies (DisCos), Transmission Company of Nigeria (TCN)...
Read moreDetailsOando share price drops as SEC suspends AGM
The share price of Oando Plc declined at the close of trading on the Nigerian Stock Exchange on Monday after...
Read moreDetailsDebt servicing gulps over 50% of Nigeria’s revenue — AfDB
Debt servicing gulps more than 50 per cent of Nigeria’s revenue, the African Development Bank has said. The bank, which...
Read moreDetailsNigerian govt offers 2-year, 3-year savings bonds at 11.41%, 12.41% in June
The federal government has offered for subscription two-year savings bond at 11.41 per cent and three-year savings bond at 12.41...
Read moreDetailsForeign investors pull out N1.77tr over insecurity
Foreign investors pulled out N1.77 trillion from the nation’s stock market in the last two years, citing insecurity and economic...
Read moreDetailsForeign investors increase stakes on equities
Foreign portfolio investors increased the value of their buy orders for Nigerian equities by 61.4 per cent at the onset...
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