China announces 34% tariffs on imports from US as Trump’s tariffs, reciprocal levies create turmoil in financial markets
China has hit back at the United States with an additional tariff of 34 percent on all US imports, starting
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Economy
CBN denies introduction of ₦5,000 and ₦10,000 banknotes following WhatsApp account
Nigeria’s regulatory financial institution, the Central Bank of Nigeria has debunked reports that it has introduced ₦5,000 and ₦10,000 banknotes,
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WB gifts Nigeria $1.08bn to boost education, nutrition, economic flexibility for vulnerable households
The World Bank has approved three operations in Nigeria, totaling $1.08 billion in concessional financing, to enhance education quality, build
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NSIA announces N3.74tr in cumulative reserved earnings in 2024
The Nigeria Sovereign Investment Authority has reported cumulative retained earnings of N3.74 trillion in 2024, marking over a decade of sustained
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Private sector grabs N73.66trn of bank loans though pace of growth slowed following recent naira stability_ CBN
A huge chunk of Nigerian banks’ loans representing nearly three-quarters are channeled towards the development of the private sector, underlining
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Dangote blazes trail for 14th year consecutively on Forbes 2025‘Africa’s Billionaires List’; Adenuga, Rabiu, Otedola listed
Nigeria’s wealthiest businessmen, Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu and Femi Otedola have emerged as the only Nigerians on the 2025
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Nigeria Customs launches automated transit process for restructuring cargo movement, modernizing customs operations, enhancing trade efficiency
The Nigeria Customs Service (NCS) has introduced the Automated Transit Process, an initiative aimed at streamlining cargo movement, modernizing customs
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5 Killed, houses, others, destroyed in Akamkpa community over control of forest resources
Five persons were reported killed in Iko Esai community in Akamkpa local government area of Cross River state and many
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Otu takes back ownership of TINAPA RESORT from AMCON; vows to transform facility quickly
In a landmark move to restore Cross River State’s economic assets, Governor Bassey Otu has successfully reclaimed the Tinapa Resort
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NCS cancels import declarations made during 4% FOB charges implementation; ask stakeholders to recapture entries
The Nigeria Customs Service (NCS) on Monday announced the cancellation of the declarations it made during the implementation of the
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