In the first three months of 2024, some of Nigeria’s major manufacturers found themselves navigating treacherous waters as financial losses mounted amidst economic turbulence. According to...
Shell Petroleum Development Company of Nigeria Limited (SPDC) and Shell Nigeria Exploration and Production Company Limited (SNEPCo) paid a sum of $1.09 billion in corporate taxes...
Nigeria has unveiled plans to offer 12 oil blocks and 5 deep offshore assets to global investors. The announcement was made during the ongoing 2024 Offshore...
The global oil declined today as Brent crude prices plummeted below $83 per barrel, its lowest level since mid-March. This steep decline comes amidst a confluence...
The black market, also known as the parallel market or Aboki fx, US dollar to Nigerian Naira exchange rate as of May 8th, 2024 stood at...
The Federal Government, through the Corporate Affairs Commission (CAC), has issued a stringent directive mandating Point of Sales (PoS) operators to register their agents, merchants, and...
The Onne Multipurpose Terminal (OMT) recently played host to the largest container ship ever to conduct full operations at an eastern port. The container vessel, named...
In a bid to bolster cybersecurity measures within the financial sector, the Central Bank of Nigeria (CBN) has issued a directive mandating banks and financial institutions...
Israeli troops took control of the Rafah border-crossing area in Gaza on Tuesday morning, with Hamas saying all aid flows from Egypt had stopped. The army...
The black market, also known as the parallel market or Aboki fx, US dollar to Nigerian Naira exchange rate as of May 7th, 2024 stood at...