Following the naira’s depreciation, the Central Bank of Nigeria has raised the exchange rate for calculating import duty at Nigeria’s ports to N1,457.014 per dollar. The Customs Forex duty rate represents a three-percent hike in the rate of each dollar needed to clear
Despite being nominated in multiple categories, including Best Makeup, Best Writing in a Movie, Best Lead Actress, Best Movie, and Best Supporting Actor, Funke Akindele’s blockbuster and record breaking movie, ‘A Tribe of Judah’, failed to take home any award. Akindele’s film was
Africa is the world’s second-largest and second-most populous continent, known for its diverse cultures, landscapes, and wildlife. It’s home to some of the oldest civilisations, stunning natural wonders like the Sahara Desert and Victoria Falls, and a rich tapestry of languages and traditions.
The National Assembly and the 36 state assemblies of the federation as well as their agencies will spend about N724bn this year, an analysis of their 2024 budgets by The PUNCH has shown. Further findings also showed that the salaries and allowances for
The U.K. economy has emerged from recession as gross domestic product rose 0.6% in the first quarter, official figures showed Friday, beating expectations. Economists polled by Reuters had forecast growth of 0.4% on the previous three months of the year. The U.K. entered a shallow
The International Monetary Fund has advised Nigeria to ask global crypto trading platforms to register or obtain licenses to operate in the country, subjecting them to regulatory requirements. This recommendation was made in the IMF’s latest staff report, released on Thursday, following the
The Abia State Governor, Alex Otti, has made a case for the establishment of agricultural ventures across Nigeria as a panacea to food insecurity. While underscoring the need for all to embrace agriculture for sufficiency, Otti highlighted that a whooping N7.8 trillion was
The Chief Executive Officer, Emy Cargo and Shipping Services Limited, Emeka Okonkwo, aka E-Money is under investigation at the Force Criminal Investigation Department Annex, Alagbon, over alleged N1, 209,200,000 dispute with a vehicle dealing company, Autocorp Limited, in Lagos State. A police source
The Federal Government has said mandatory registration of Point-of-Sales operators nationwide will reduce kidnapping and help security agencies arrest recipients of ransom payments from kidnap victims. It also vowed that security agencies would go after PoS operators who fail to comply with the
The Northern Elders Forum, NEF, has strongly condemned the Central Bank of Nigeria’s recent decision to impose a cybersecurity levy on bank customers. In a statement released by the NEF’s Director of Publicity and Advocacy, Abdul-Azeez Suleiman, the forum expressed its dissatisfaction with
As the world steps into 2025, Mr. Okwuosa Charles Chinedu, CEO of Birotojob, has called
As the dawn of a new year brings renewed hope and aspirations to homes across
In continuation of her mobilization and sensation exercise before its workshop, the Imo State GIZ
Cast My Brand, a leader in innovative vehicle branding, has announced the launch of its