Apapa Customs Records N1. 02 Trillion Revenue in 2022
Apapa Customs Records N1. 02 Trillion Revenue in 2022 Amidst declining trade occasioned by fluctuation in the exchange rate and a sharp drop in the purchasing power by the consumers,…Read More
Nigerian Breweries Seeks to Raise N20bn from Debt Market
Nigerian Breweries Seeks to Raise N20bn from Debt Market Nigerian Breweries Plc has announced a plan to raise N20 billion from commercial paper issuance to support the company’s short-term capital:…Read MoreUkraine to Establish Grain Hubs in Nigeria
Ukraine to Establish Grain Hubs in Nigeria The Government of Ukraine has expressed its readiness to establish grain hubs in Nigeria and other African countries as it donated about 25,000…Read MoreNaira Tumbles as Analysts Project FX Devaluation
Naira Tumbles as Analysts Project FX Devaluation The Nigerian Naira tumbled after a slew of investment banking analysts predicted that the foreign exchange (FX) rate at investors’ and exporters’ foreign…Read MoreNigeria’s 10-Year Bond Yield Falls 280bps to 12.24%
Nigeria’s 10-Year Bond Yield Falls 280bps to 12.24% Ahead of a massive local debt ramp-up by Nigeria’s debt agency, the price of bonds has been on an uptrend, causing a…Read MoreT-Bills Steadies as Market Shifts Focus on CBN Auction
T-Bills Steadies as Markets Shift Focus on CBN Auction The rally in the secondary market for Nigerian Treasury bills was halted for a moment midweek as market participants shifted focus…Read MoreSenate Frowns At Indiscriminate Tax Holidays, Import Duties Wavers, Concessions
The Senate, Thursday, frowned at the indiscriminate tax holidays, import duty waivers and concessions being granted investors by the Federal Government. The President of the Senate, Ahmad Lawan, expressed the…Read MoreAlleged Homicide: I Stabbed Her Trying To Save Myself — Chinese National Tells Court
The Chinese national, Frank Geng Quangrong, on Thursday, told the Kano High Court that he was attempting to save his life when he unknowingly stabbed his Nigerian lover, late Ummukulsum…Read MoreFCTA Threatens Legal Action Against Street-naming Cartel In Abuja
The Federal Capital Territory Administration (FCTA) has said it would prosecute a cartel said to be involved in illegal street-naming in the Territory. The FCTA also said that the legal…Read More2023: INEC Extends PVC Collection Deadline
The Independent National Electoral Commission (INEC) has extended the deadline for the collection of Permanent Voters Cards (PVCs) until Sunday 29th January 2023. Recall that INEC had earlier fixed the…Read MoreSSS Arrested Okupe With Six-Year-Old Watchlist Request — EFCC
The Department of State Services (DSS) arrested a former presidential adviser Dr. Doyin Okupe on Thursday morning based on an Economic and Financial Crimes Commission (EFCC) watch-list request issued over…Read MoreI Was Confused, Says Jos Pastor Arrested For Staging His Kidnap
*Reveals Accomplices *“I Am Regretting My Action” A Jos-based pastor, Bitrus Albarka, who was alleged to have kidnapped himself, told police officers that he committed that crime due to financial…Read More
