Odibe spoke during an interactive session with journalists in Lagos on Thursday. He said the port currently receives between 10 to 12 vessels monthly, stressing that its “trans-shipment operations hav...
The naira closed trading at 1,529.22/$ at the official Nigerian Foreign Exchange Market window on Tuesday. According to data on the Central Bank of Nigeria’s website, Tuesday’s closing was weaker than...
Canada has extended the grace period for international students affected by recent changes to the Post-Graduation Work Permit (PGWP) program, pushing the enforcement of new rules to early 2026. The mo...
In an open letter on Wednesday, Dangote thanked President Bola Tinubu for his leadership and farsightedness on the Bar Beach land reclamation project in Victoria Island, Lagos. He said that through th...
The Central Bank of Nigeria (CBN) has clarified speculations about hidden charges on the newly launched Non-Resident Bank Verification Number (NRBVN) platform. In a recent release, the CBN stated that...
The Central Bank of Nigeria has directed banks to submit a capital restoration plan as part of regulatory efforts to support the exit from the forbearance regime. In a circular signed by the CBN Direc...
The recommendation was contained in an article published on Monday, written by Axel Schimmelpfennig, the IMF’s mission chief to Nigeria, and Christian Ebeke, the fund’s resident representative in Nige...
A week after the Central Bank of Nigeria (CBN) issued a Circular to banks on the resolution of regulatory forbearance on their single obligor limit (SOL) infractions and other loan assets while it sus...
The portion of profits that banks can retain may increase when the new tax laws take effect. On Thursday, President Bola Tinubu signed four tax reform bills into law: the Nigeria Tax Act, the Nigeria ...
In a statement on Tuesday, the tech giant said the support would be delivered through the ninth cohort of the Google for Startups Accelerator Africa — a three-month programme that offers technical men...
