Nigeria experiences 64% increase in Import rate
Premium Motor Spirit, also known as gasoline or petrol, durum wheat, and used vehicles topped Nigeria's list of top imported items in 2021, accounting for 28.9 percent of the total import bill recor...
Premium Motor Spirit, also known as gasoline or petrol, durum wheat, and used vehicles topped Nigeria's list of top imported items in 2021, accounting for 28.9 percent of the total import bill recor...
As at Tuesday, March 22nd, 2022, At the official Investors and Exporters (I&E) window, the naira and the US dollar exchange rate closed at N417/$1, the lowest level since January 4th, 2022. ...
The globe is likely to encounter an international scarcity of diesel as a result of the continuous embargoes on Russia, which is deduced to dominate impoverished countries from Nigeria to Sri Lanka ...
BUA cement announced to Nigerians the isolated fire accident at a diesel storage tank farm located in Sokoto, one of their factories. The fire accident occurred on the 18th of March 2022 while Their r...
Nigeria used an amount of N4.56 trillion on the importation of fuel in 2021 over 128% bigger than the N2 trillion disbursed on fuel importation in 2020. This is by foreign exchange data newly c...
Nigeria’s Inflation rate rose to 15.7% from 15.6% recorded in the previous month. It shows a 0.1% point increase. This is according to the consumer price index report, released by the National B...
Foreign trade of N39.8 trillion was documented in Nigeria, in 2021. Indicating a 58% rise distinguished to N25.22 trillion documented in 2020. This is in respect to the just-broadcasted foreign trad...
Excess cash in banks is set to rise as a result of the N1 trillion inflow This month, liquidity inflows of N1.02 trillion will flood the interbank money market, adding to the amount of excess cash ...
Nigerian Exchange Limited (“NGX” or “The Exchange”) and MTN Nigeria Communications Plc (MTNN) have announced the openly signing of a Memorandum of Understanding (MoU) to further stimulate ...
The NGX Group has reported a 22.2% increase in profit after taxes Nigerian Exchange Group (NGX Group) Plc is happy to announce that on Tuesday, March 1, 2022, it disclosed its audited results for...