Economy
Naira gains 0.6% against dollar at official market
The Naira appreciated by 0.6% against the dollar at the official market on Monday, trading at N1,607.15 per dollar.
Nigeria suspends import duties on essential food items to combat food shortage
The suspension of the import duty is expected to make food items affordable for Nigerians amid the soaring food inflation rate.Â
Nigeria, US reaffirm commitment to strengthen trade, investment ties
The US government has shown interest in Nigeria’s economic reforms and expressed readiness to support initiatives that promote trade and investment.
How Nigeria can reduce conflicts, boost FX with Ministry of Livestock: Miyetti Allah
Miyetti Allah Association said with the creation of the Ministry of Livestock Development, the sector is estimated to grow to over N75 trillion in a few years.
CBN to manage funds in dormant accounts under new guidelines
The Central Bank of Nigeria (CBN) will now supervise the transfer of funds from dormant accounts, assets, and unclaimed balances in Nigerian banks and other financial institutions.
