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Edun Reveals What FG Spends Monthly On Fuel Importation

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, recently discussed the country's monthly spending of $600 million on fuel importation. He...

BREAKING: Nigerian Customs Reveal Date To Begin Implementation Of Food Import Duty Waiver

The Comptroller General of the Nigeria Customs Service (NCS), Bashir Adeniyi, announced that the service will begin implementing the duty waiver on imported foods...

BREAKING: CBN Approves Merger Of Two Banks In Nigeria

The Central Bank of Nigeria (CBN) announced on Tuesday its approval of a significant financial accommodation to facilitate the proposed merger between Unity Bank...

Naira Depreciates In Parallel Market, No Longer N1,590 Per Dollar

The Naira depreciated to N1,600 per dollar in the parallel market yesterday, down from N1,590 over the weekend. Conversely, the Naira appreciated to N1,607.15 per...

BREAKING: Court Delivers Ruling On Sale Of Nigeria Air To Ethiopian Airlines

The Federal High Court in Lagos has declared the sale of Nigeria Air Ltd to Ethiopian Airlines null and void. In his judgment on Monday,...

Amid Ongoing Protests, Naira Appreciates Against Dollar

Yessterday, the Naira strengthened to N1,580 per dollar in the parallel market, up from N1,595 per dollar on Wednesday. Similarly, the Naira appreciated to N1,570...
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