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The United States Trade Representative (USTR) has criticized Nigeria’s ban on the importation of 25 items, stating that the measure restricts market access for American exporters....
The newly introduced 14% tariff on Nigerian exports by US President Donald Trump poses a major threat to the $10 billion annual trade between Nigeria and...
Proposes N1.00 final dividend per share; commences N150bn Rights issue in April 2025 Wema Bank Nigeria (“Wema” or “the Bank”) has released its audited Consolidated...
Nigeria’s Net Foreign Exchange Reserve (NFER) stood at $23.11 billion by the end of 2024, marking its highest level in more than three years. This increase...
There is growing concern in the downstream oil and gas sector as industry players await the Federal Government’s decision regarding the “naira-for-crude” agreement between the Nigerian...
The continued scarcity of crude oil has greatly impeded investments in establishing and fully operating seven new and existing refineries across the country, according to local...
Airtel Africa has partnered with MTN Group to expand digital inclusion by sharing network infrastructure in Uganda and Nigeria. In a statement released in Lagos on...
The National Bureau of Statistics (NBS) has reported a decrease in Nigeria’s inflation rate, which fell to 23.18% in February from 24.48% in January. The announcement...
The cost of Premium Motor Spirit (petrol) could experience a further decline if crude oil prices continue to drop. This trend will be reinforced if the...
The Nigerian National Petroleum Company (NNPC) Limited has lowered the retail price of premium motor spirit (PMS), commonly known as petrol, to N880 per litre at...
