Retail Prices for Cooking Gas in Nigeria Hit 11-Month Low, Providing Relief for Consumers.
The average retail price for refilling a 12.5 kg cooking gas cylinder in Nigeria has reached its lowest point in...
Key Takeaway from the CBN’s Newly Introduced Customer due Diligence Rules.
The Central Bank of Nigeria (CBN) has taken a significant step in its fight against financial crimes by introducing the...
CBN increases Fines and Penalties for Non-Compliance of Customer Due Diligence Regulation.
The Central Bank of Nigeria (CBN) has released the Customer Due Diligence (CDD) regulations for 2023, aimed at assisting financial...
Fuel Subsidy Removal Leads to Decreased Fuel Smuggling – Customs
The Adamawa/Taraba Area Command of the Nigeria Customs Service has announced a significant reduction in the smuggling of premium motor...
FAAC Shares N786.161 Billion May 2023 Revenue to Federal, State, and Local Governments.
The Federation Account Allocation Committee (FAAC) has disbursed a total sum of N786.161 billion as May 2023 Federation Account Revenue...
Electricity Distribution Companies’ Revenue Rises by 20.81% Despite Supply Drop, Reports NBS.
The National Bureau of Statistics (NBS) has released its Electricity Report for the first quarter of 2023, revealing that electricity...
Nigeria’s Airfares Soar as Exchange Rate Hits N702 per Dollar.
Airfares in Nigeria to various international destinations have witnessed a significant surge as the exchange rate for ticket pricing has...
FG Approves Reopening of Seme Land Border for Vehicle Imports
The Nigerian Federal Government has granted approval for the reopening of the Seme land border to facilitate the importation of...
ECOWAS Bank Signs $30M Credit Line with Access Bank in Ghana
ECOWAS Bank for Investment and Development (EBID) has entered into a credit line agreement worth $30 million with Access Bank...
UK Inflation Holds Steady at 8.7% in May, Posing Challenges for the Economy and Consumers.
The latest figures on UK inflation have been released, revealing that consumer prices rose by an annual 8.7% in May,...
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