CBN releases updated FX guidelines, approves export of $50,000
Any amount in excess of $10,000.00 but not more than $50,000.00 or its equivalent in other foreign currencies, provided the whole amount is declared at the point of exit.
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Liberia Commends NIMASA’s Genuine Commitment to Maritime Development
“We must collectively build maritime capacity beyond borders. Sea-time training and practical exposure will position Nigerian and African youths to compete effectively in the international maritime space,” he said.
NEPZA says Free trade zones attract $35bn investments in 34 years
“In export development, the scheme is performing relatively well in the services sector, including international catering, shipbuilding and repairs, oil and gas, and aviation management services,” said the NEPZA MD.
SEC targets to further migrate Nigerian Capital Market to T+O Same-day Settlement Cycle
The T+1 transition means that securities transactions executed on the Nigerian Exchange Limited (NGX) will now settle one business day after trading, allowing investors to receive cash or securities faster than under the previous T+2 framework.
Zedcrest Expands into Investment Banking as Demand for Capital Solutions Grows Across Africa
“The launch reflects a broader shift in African markets, where businesses, governments and development institutions are increasingly seeking sophisticated financing and advisory support to execute growth and transformation initiatives,” said Adedayo Amzat, Group Managing Director of Zedcrest Group.
Nigerian Breweries Declares Nkechi Runsewe incoming HR Director
As Human Resources Director, Mrs. Runsewe will play a central role in translating Nigerian Breweries’ EverGreen 2030 strategy into execution by shaping the organisation’s design, leadership behaviours, workforce capabilities and performance systems to deliver sustained volume growth, cost discipline, and repeatable performance.
ALTON Summons FCCPC and NCC to Dialogue Regulatory Clashes
Gbenga Adebayo, ALTON Chairman, said that the FCCPC’s decision to suspend the DEON enforcement, though commendable, there was need for conversation about the two agencies regulatory mandates.
Dangote Industries Limited Retains Brand Africa ‘Africa’s Most Admired Brand’
Dangote emerged as Africa’s Most Admired Brand in aided recall, ahead of South Africa’s MTN and Vodacom. In the spontaneous recall category, it ranked second among African brands, behind MTN and ahead of Trade Kings,” said Thebe Ikalafeng.
£1.1bn Refined Oil Top British Goods Sold to Nigeria In 2025
A breakdown of UK exports to Nigeria revealed that the second-largest export category from the UK to Nigeria was toilet and cleansing preparations, valued at £70.2 million and accounting for just 4.0 per cent of total goods exports.
U.S. is bringing American-made mobile base stations to displace Chinese-made wireless systems in Nigeria, Ghana…
The deployment of American-made mobile base stations will address West Africa’s urban-rural connectivity gap and provide millions of West Africans with faster, more reliable mobile access, supporting economic activity in areas that have historically been offline or limited to outdated 2G and 3G networks.