Business

FG Meets With Dangote Officials, Makes Fresh Announcement On Naira-For-Crude

The Federal Government has clarified that its policy of allowing local refineries to pay for crude oil in naira is not a short-term fix...

U.S. Criticises Nigeria’s Import Ban On 25 Products

The United States Trade Representative (USTR) stated on Monday that Nigeria's ban on importing 25 categories of products negatively affects American exporters, particularly those...

FG Takes Action After Trump’s Tariff

Finance Minister Wale Edun has announced that the Nigerian government will focus on boosting non-oil revenue as a strategy to mitigate the impact of...

Naira Falls To N1,629/$ Despite $668m CBN Intervention

Despite the Central Bank of Nigeria (CBN) injecting $688.8 million into the official Nigerian Foreign Exchange Market (NFEM), the naira's exchange rate against the...

FG Reacts To Trump’s 14% Tariff On Nigerian Exports

The Nigerian Federal Government has responded to the recent imposition of a 14% tariff on Nigerian exports by the United States, a measure enacted...

Naira Depreciates By 0.93% Against Dollar At Official Market

The Naira's value decreased in the official market on Friday, falling to N1,567.02 against the US dollar. Information from the Central Bank of Nigeria (CBN)...
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