Why your favourite beer could get costlier in Nigeria
Nigerian Breweries Plc, Guinness Nigeria Plc and International Breweries Plc paid N112.87 billion in taxes in the first half of 2026, up 58% from N71.39 billion a year earlier.
August 25, 2026
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NESG: Industrial Policy Alone Not Enough to Achieve Industrialisation
over the past several decades, Nigeria has pursued industrialisation as a central pillar of its economic transformation agenda as successive governments have introduced numerous industrial strategies to diversify the economy, expand domestic production..
Naira Exchange Rates •Commodity Prices Tuesday, August 25
BLACK MARKET RATES US Dollar (USD) Buy ₦1,400 Sell ₦1,405 Great British Pound(GBP) Buy ₦1,900 Sell: ₦1,920 EURO (EUR) Buy ₦1,590 Sell ₦1,610 Canadian Dollar (CAD) Buy ₦1,020 Sell ₦1,080 South African Rand (ZAR) Buy ₦75 Sell ₦90 Ghana CEDI (GHS) Buy ₦95 Sell ₦110 West African CFA Buy ₦2, 300 Sell ₦2, 400 CENTRAL AFRICAN CFA Buy ₦2,150 Sell 2,250 CBN Exchange Rates US Dollar (USD) ₦1,346.98 Great British Pound (GBP) ₦1,837 54 EURO (EUR) ₦1,571.52 Swiss Franc (CHF) ₦1,678.89 Chinese Yuan (CNY) ₦200.37 Japanese Yen (Yen) ₦8.46 West African CFA (XOF) ₦2. 40 West African Unit Account (WAUA) ₦1,849. 43 Saudi Riyal (SAR) ₦358.73 South African Rand (ZAR) ₦84.11 COMMODITIES Commodity Price (US$) Chg % Soybeans 1219.96 3.96 0.33% Wheat 686.75 5 0.73% Palm Oil 4946.00 72.00 -1.43% Coffee 341.82 0.170 .05% Cotton 87.865 0.965 -1.09% Cocoa 5945.00 89.00 -1.48% Sugar 17.65 0.04 0.23%