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Day: February 16, 2024

Customs Exchange Rate Hits Record High as CBN Ups It by 2.2%
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Customs Exchange Rate Hits Record High as CBN Ups It by 2.2%

Web AdminFebruary 16, 2024February 16, 2024
The exchange rate for customs clearance of cargoes at Nigerian seaports reached an unprecedented high on Thursday as the Central Bank of Nigeria (CBN) increased it by 2.2%, equivalent to...
Dorman Long Engineering Company Advocates Strengthening Local Content Drive for Economic Growth
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Dorman Long Engineering Company Advocates Strengthening Local Content Drive for Economic Growth

Web AdminFebruary 16, 2024February 16, 2024
Dorman Long Engineering Company Limited underscores the imperative of fortifying local content initiatives to contribute significantly to the nation's economic growth. With a remarkable 75-year legacy marked by groundbreaking achievements...
Senate Approves Nigeria Customs Service 2024 Budget of N5.079 Trillion
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Senate Approves Nigeria Customs Service 2024 Budget of N5.079 Trillion

Web AdminFebruary 16, 2024February 16, 2024
The Senate granted approval on Wednesday for the 2024 budget of the Nigeria Customs Service (NCS), amounting to N5.079 trillion. The endorsement followed a thorough review of the Committee on...
Shell Nigeria Aims to Extend Bonga FPSO Vessel Life for 15 Years, Invests in Renewable Energy
Business News Other News

Shell Nigeria Aims to Extend Bonga FPSO Vessel Life for 15 Years, Invests in Renewable Energy

Web AdminFebruary 16, 2024February 16, 2024
Elohor Aiboni, the Managing Director of Shell Nigeria Exploration and Production Company Limited (SNEPCo), has announced the company's commitment to extending the operational life of the Bonga Floating, Production, Storage,...
UK Prime Minister’s Economic Growth Pledge Derailed as Country Enters Technical Recession
Business News Other News

UK Prime Minister’s Economic Growth Pledge Derailed as Country Enters Technical Recession

Web AdminFebruary 16, 2024February 16, 2024
The United Kingdom's Prime Minister, Rishi Sunak, faces a setback in fulfilling his commitment to boost the economy as the country officially enters a technical recession. Shadow Chancellor Rachel Reeves...

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Fidelity Bank Empowers Osun Residents Through Grassroots Support Initiative

Investor Appetite Soars as CBN Treasury Bills Auction Pulls in ₦1.17 Trillion in Bids

Nigeria Targets Mining and Automotive Sectors to Drive New Industrial Era

Aliko Dangote Honoured Globally as TIME Names Him Among Top 100 Philanthropists

New Player Enters Nigeria’s Broadcast Market as Luft Pay TV Launches in Lagos

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CBN Trims Federal Government’s Loan Balance by Over N4 Trillion in Major Fiscal Adjustment

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