Calabar Port Faces 25-year Container Vessel Drought
The manager of Calabar Ports, Olumati Festus, has revealed that the port has not received a single container vessel in...
Wednesday, March 18, 2026
Business
CBN Raises Customs Duty Rate By 11.1% As Naira Loses 12%
The Central Bank of Nigeria (CBN) has raised the exchange rate for paying Customs duties at the nation’s seaports by...
4 Months After, FG Yet To Disburse Funds For 2024 Capital Projects
Four months into the 2024 fiscal year, the federal government is yet to begin implementation of the capital component of...
Fifth Edition Of LinkedInLocal To Hold In Abuja
A management, consulting, and advisory service firm, BraveICONS Global, is set to hold the 5th edition of LinkedInLocal Abuja on...
CBN Boosts Forex Market With Sale Of $10,000 To BDCs
The Central Bank of Nigeria (CBN) has initiated the sale of $10,000 to Bureau De Change (BDC) operators, offering them...
Federal Gov’t Should Expedite Action In Revitalising Refineries – Gov Oborevwori
Delta State Governor, Hon Sheriff Oborevwori has urged the federal government to expedite action in revitalizing the nation's refineries. Governor...
CBN Slashes Customs Exchange Rate By 7.1%
The Central Bank of Nigeria (CBN), has adjusted the Customs exchange rate for clearance of cargoes at the nation's seaports...
ATC&C: EKEDC Records Improved Revenue Collection, Lowest Losses
Eko Electricity Distribution Company (EKEDC), said it recorded the lowest Aggregated Technical, Commercial, and Collection losses (ATC&C) in the history...
Wema Bank Launches Anti-fraud Campaign To Protect Customers
Wema Bank Plc has launched an anti-fraud campaign to protect its customers and other Nigerians against fraudulent activities perpetrated by...
FG Commits To Seplat-exxonMobil Deal Conclusion – Lokpobiri
The minister of state for petroleum resources, Heineken Lokpobiri, has said, President Bola Tinubu is committed to the acquisition of...
