The Federal Government, in collaboration with the Central Bank of Nigeria, has increased the exchange rate for cargo clearance from N952/$ to N1.356/$.This announcement came just after a week when the...
On Tuesday, the Lagos Free Trade Zone Command of Nigeria Customs Service revealed that it had generated N5.08 billion from the Lekkideep seaport in eight months.This was revealed in a press statement ...
Elon Musk's Neuralink, founded in 2017 to help implant electrodes into the human brain, is said to have completed his first human implant. The CEO announced this via his X handle on Monday. According ...
Notore Chemical Industries has revealed that at its next Extraordinary General Meeting (EGM), it will seek permission from shareholders to raise an additional N105,791,884,375 through a private placem...
The Nigerian Exchange Limited (NGX) has approved Sovereign Trust Insurance PLC an additional 2.864 billion ordinary shares of 50 kobo each per share on its daily official list.This development was mad...
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Access Bank Plc's recent statement revealed that it has signed an agreement with Uganda's Finance Trust Bank (FTB) to buy shares currently held by FTB's Institutional Shareholders who have agreed to e...
On Tuesday, the Tin-Can Island command of the Nigeria Customs Service (NCS) revealed that it has generated N716 billion from goods that will be imported into the country in 2023. Breaking down the ear...
It was reported that the Naira declined in the Nigerian Autonomous Foreign Exchange Market (NAFEM). As of yesterday, Nigeria's official exchange rate window closed at N1,035.12/$ compared to Tuesday w...
Tesla stock earnings numbers are in and the company delivered some questionable numbers. From cars delivered to revenues etc. Elon Musk's Tesla reported Tuesday that it produced 494,989 units and...
The House of Representatives has announced that it would move to investigate the loss of over $60 billion in revenue due to the alleged inflated cash calls by the Nigerian National Petroleum Company L...