Monday, July 4, 2022

Economy

July 1, 2022

We generated N522.4 billion from our Apapa command: Customs

The command said it recorded a boom in the exportation of non-oil commodities with about 2.5 million metric tonnes, above the 540 metric tonnes in the year 2021.

Apapa Customs
July 1, 2022

El Salvadorian president assures Bitcoin will rise again; purchases more

The El Salvador leader has faced growing criticisms from citizens as the value of bitcoin continues to experience a dip in its value.

Bitcoin
July 1, 2022

Multiple taxation, high production cost force closure of over 40 bakeries in Abuja

Mr Abdulraheem said it was becoming increasingly disturbing that bakeries in Abuja could no longer cope with the high cost of production.

bakery
July 1, 2022

Afreximbank admits Algeria as 52nd member

Afreximbank member states rose from 38 in 2015 to 51 in 2021, with Algeria’s accession, the bank is only three states short of achieving full continental coverage.

Benedict Oramah and Afreximbank
June 30, 2022

Naira sustains slide against dollar at official exchange

The naira depreciated against the dollar on Thursday at the Investors and Exporters Window to close at N425.05.

Naira and Dollar
June 30, 2022

NGX: Market capitalisation increases by 0.03%

Overall, the market was positive with 19 gainers relative to 18 losers.

Trading floor
June 30, 2022

Buhari regime imposes N3,000 tax on litre of shisha; N26 on cigarette pack

Mr Mamora explained that the tax is an effective public health control measure against behavioural risk factors.

Cigarette and Shisha
June 30, 2022

Greece ready to ship Ukraine’s grains amid rising food prices

Ukraine provides 10 per cent of the world’s wheat, 14 per cent of the world’s corn, and 47 per cent of all sunflower oil on the planet.

Kyriakos Mitsotakis
June 30, 2022
OPEC
June 30, 2022

Nigeria redeemed $300 million diaspora bond: DMO

As a sign of commitment to promptly honour its debt obligations, Nigeria says it has redeemed its $300 million diaspora bond which matured on June 27.

Rows of Dollars bundles