” The bottlenecks include foreign exchange (FX) constraints, excessive port charges, cumbersome export procedures and regulatory bottlenecks that continue to frustrate businesses engaged in international trade,
The report indicated that 400 youths underwent mechatronics training under the National Automotive Design and Development Council (NADDC), while another 220 artisans were trained through the Industrial Training Fund’s Skill-up Artisan Programme.
The Comptroller-General of Customs, Bashir Adeniyi, signed for the NCS, while Managing Director of BAT Nigeria, Yarub Al-Bahrani, appended the MoU for his company.
Today, the Naira is exchanging at the Black Market for US DOLLAR (USD) ₦1, 400,
GREAT BRITISH POUND (GBP) ₦1,870 , and EURO (EUR) ₦1, 590
A key highlight was the growing educational partnership between both countries, with Ambassador Mellejor revealing that about 9,000 Nigerian students are currently studying in the Philippines.
Under the Guidelines, the Tax Acts 2025 comprising the Nigeria Revenue Service (Establishment) Act, the Nigeria Tax Act, the Nigeria Tax Administration Act, and the Joint Revenue Board (Establishment) Act apply from the respective commencement dates as enacted in each law. In particular, January 1, 2026 for the Nigeria Tax Act, 2025.
The directive was contained in a circular signed by the Accountant General of the Federation, Dr Shamseldeen Ogunjimi.
The United States of America and the Islamic Republic of Iran have agreed to resolve the disposition of stockpiled enriched material pursuant to a mechanism that will be mutually agreed upon, in accordance with the schedule mentioned in paragraph seven with the minimum methodology to be down blending on site under the supervision of the IAEA.
Black Market Rates
US DOLLAR (USD) Buy ₦1, 400 Sell ₦1,405
GREAT BRITISH POUND (GBP) Buy ₦1,865 Sell: ₦1,885
EURO (EUR) Buy ₦1, 585 Sell ₦1, 605
• Flag of Sweden New citizenship legislation by Sweden, passed by the Riksdag, which took effect on June 6, 2026, represents more than a routine policy adjustment. It is another signal that Europe is increasingly closing its doors to migrants and tightening the conditions for belonging. For decades, Sweden stood as one of Europe’s most…
