Business

All the recent business news in Nigeria, economy and industry updates.

Use official FX Rate For Import Duty, CBN tells Customs

The Central Bank of Nigeria (CBN) has directed the Nigerian Customs Service (NCS) to adopt the same forex rate for the importation of goods to its cle

Dollar crisis: FG urged to harness foreign remittances, informal markets

The federal government has been advised to fine tune how foreign remittances are being managed in order to save the naira which has been depreciating.

FG, Access Bank partner on N50bn MSMEs support

Access bank has set aside N50 billion to support skills acquisition by 5 million Nigerians under the job creation initiative of the federal government

FMBN to revive 46 abandoned housing projects

The Federal Mortgage Bank of Nigeria says it will partner the Shelter Afrique Development Bank to explore its infrastructure funding product as part o

Capping: Kaduna Electric to refund over billed customers

Kaduna Electric has disclosed plans to comply with the order of the Nigerian Electricity Regulatory Commission’s (NERC), mandating it to refund over b