Forex inflow rises 36.5% to $33.76bn in five months
By Elizabeth Adegbesan Nigeria’s net foreign exchange (forex) inflow rose by 36.5 percent year-on-year (YoY) to $33.76 billion in the first five months of 2026 (5M’26), from $24.72 billion in the corresponding period of 2025 (5M’25). The increase came amid ongoing efforts by the Central Bank of Nigeria (CBN) to deepen the foreign exchange market, […]
Naira depreciates further to N360.39/$ at NAFEX
The naira, Tuesday, depreciated further to N360. 39 per dollar in the Investor and Exporter (I&E) Foreign Exchange Window.
Oando obtains court order restraining SEC technical suspension, forensic audit
Oando Plc has obtained an ex-parte order from the Federal High Court (FHC) with an interim order restraining the Nigerian Stock Exchange (NSE) from implementing a technical suspension on its shares.
CitiServe launches OrangeBox™ 7210 and retail platfoms
CitiServe Limited, a member of the Vigeo group Limited has launched its OrangeBox™ 7210. Citiserve is a technology enabled distribution company with focus on enterprise solutions and payment services that make life easier.
N6trn revenue loss: Reps give Shell, others 1 week ultimatum to submit documents on gas flaring penalties
The House of Representatives adhoc committee investigating alleged revenue leakages in the Department of Petroleum Resources (DPR) on Tuesday issued one week ultimatum to Shell to submit documents covering gas flaring penalties.
Food safety: We lack facilities to conduct tests on all drinks – NAFDAC
National Agency for Food and Drug Administration and Control, NAFDAC has said that it lacked adequate laboratory tools to conduct test on all foods and drinks imported or manufactured in Nigeria to certify them fit for human consumption before their release into the market.
