Economy
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BREAKING: CBN grants banks freedom to trade forex at any rate
The Central Bank of Nigeria has allowed commercial banks to freely trade foreign exchange at any rate. The announcement comes…
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FIRS begins implementation of amended 2023 Finance Act
The Federal Inland Revenue Service, FIRS, has commenced the implementation of the amended Finance Act, 2023.The service in a notice…
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FG issues two oil export terminal licences, eyes $11bn
The Federal Government, on Tuesday, issued and signed licences for the establishment of two crude oil export terminals, capable of…
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NCS lifts ban on export of processed wood, charcoal, others
The Nigeria Customs Service has announced a conditional lifting of ban on export of processed wood, charcoal and other allied…
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How Tinubu’s 15 days in office leave investors excited
President Bola Tinubu’s policies in his first 15 day in office have signaled some sense of hope to foreign investors, pulling…
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Stock market jumps to 15-year high after Emefiele’s suspension
The Nigerian stock market rose to its highest level since July 2008 on Tuesday, the first day of trading after…
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NNPCL issues directive to marketers on refund, new price
The Nigerian National Petroleum Company Limited has issued a fresh circular to oil marketers on how much they will pay…
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Former Aviation Minister, Sirika lied against us – Air Peace
Nigeria’s major carrier, Air Peace has accused the former Minister of Aviation, Senator Hadi Sirika of lying against the airline…
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Over $56bn lost to oil theft, subsidy – Presidency panel
Nigeria lost $46.16bn to crude oil theft between 2009 and 2020, while it lost $10.7bn annually to subsidy on Premium…
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CBN: DSS seizes Emefiele’s passport, plans home, office search
The Department of State Services has confiscated the passport of the suspended Central Bank Governor, Godwin Emefiele, The PUNCH has learnt. The…
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