Bayer Localises Manufacturing of Reproductive Health Commodities in Nigeria
Nigeria is gradually moving from dependence on imported health products towards building domestic capacity to manufacture essential commodities.
August 2026
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Naira Exchange Rates Wednesday, August 12
FOREX BLACK MARKET RATES US DOLLAR (USD) Buy ₦1,422 Sell ₦1,428 GREAT BRITISH POUND (GBP) Buy ₦1,885 Sell: ₦1,910 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 UAE DIRHAM Buy ₦350 Sell ₦370 CHINESE YUAN Buy ₦190 Sell ₦205 GHANA CEDI (GHS)…
RMRDC, NMDC To Begin Local Production of Ferro Alloys
Ferro alloys play a crucial role in steel production and defining their quality. They are used as deoxidisers and improve the properties of steel.
Naira Exchange Rates Tuesday, August 11
BLACK MARKET RATES US Dollar (USD) Buy ₦1,423 Sell ₦1,428 Great British Pound (GBP) Buy ₦1,890 Sell: ₦1,910 EURO (EUR) Buy ₦1,600 Sell ₦1,620 Canadian Dollar (CAD) Buy ₦1,020 Sell ₦1,080 South African Rand (ZAR) Buy ₦75 Sell ₦90 UAE Dirham Buy ₦350 Sell ₦370 Chinese Yuan Buy ₦190 Sell ₦205 Ghana Cedi (GHS) Buy…
South African clothing factories struggle after migrant workers flee
Reuters visited three factories in late July whose owners said they had lost between 12% and 19% of their workforce during the protests.
AfCFTA, Bergmans in $3.1bn Deal to Digitise Customs Across Africa
The 20-year concession agreement covers the AfCFTA Customs Modernisation Project, which will see the deployment of digital technology to customs administrations across African countries.
NDIC begins paying depositors of 46 closed microfinance banks
“Payments are ongoing, and over 700,000 Heritage Bank customers have already received their insured funds through BVN-linked accounts.
Naira Exchange Rates Thursday, August 5
BLACK MARKET RATES US DOLLAR (USD) Buy ₦1,420 Sell ₦1,425 GREAT BRITISH POUND (GBP) Buy ₦1,900 Sell: ₦1,915 EURO (EUR) Buy ₦1,585 Sell ₦1,600 CANADIAN DOLLAR (CAD) Buy ₦1,020 Sell ₦1,080 SOUTH AFRICAN RAND (ZAR) Buy ₦75 Sell ₦90 UAE DIRHAM Buy ₦350 Sell ₦370 CHINESE YUAN Buy ₦190 Sell ₦205 GHANA CEDI (GHS) Buy…
Customs recruit 3,852 for nationwide manpower
The successful candidates were recruited into the Superintendent, Inspectorate and Customs Assistant cadres, with all 36 states and the Federal Capital Territory represented.
Data breach: Zenith Bank says customers’ fund,account safe
The bank warned customers to ignore suspicious emails, text messages, and phone calls requesting sensitive banking information.