External debt surges to N13 trillion due to the depreciation of the naira
The depreciation of Nigeria's currency, the naira, has led to a substantial increase in the country's external debt by N13.38tn during the second quarter...
Nigerian residents will commence the process of retrieving their imported goods from the ports in Cotonou, according to the Customs authorities
The Acting Comptroller-General of the Nigeria Customs Service, Adewale Adeniyi, announced on Tuesday that Nigerian importers will soon have the opportunity to clear their...
Insurance industry professionals collaborate to generate innovative ideas
The central focus of this year's Dive In Festival will revolve around the exploration of creative ideas aimed at ensuring the insurance industry remains...
“Failing to prioritize open trade could lead to fluctuations in prices, as highlighted by Okonjo-Iweala.”
The Director-General of the World Trade Organisation, Ngozi Okonjo-Iweala, recently emphasized that moving away from open trade would result in heightened price fluctuations, inflationary...
Naira’s depreciation leads to a significant impact on manufacturers
Over the past three years, the manufacturers have invested a substantial N7.9 trillion in the importation of raw materials. The driving factor behind this...
