The Commission said that the move is aimed at bringing operators serving Nigerian investors within a defined regulatory framework, particularly as online forex trading platforms increasingly operate across borders.
CGC , Bashir Adeniyi (sitting 4th from left) with other key officials during the launch of the project in Abuja. Source. NCS.
Dubai is set to host the Gulf’s first large-scale brewery as a joint venture involving Heineken NV prepares to produce popular beer brands in the emirate. Bloomberg reports that this marks a significant shift in a region traditionally known for its strict regulations on alcohol sales and consumption. Sirocco, a partnership between Heineken NV and…
Official CBN Exchange Rates US DOLLAR (USD) ₦1,380. 11 GREAT BRITISH POUND (GBP) ₦1,818.34 EURO (EUR) ₦1,566.84 SWISS FRANC (CHF) ₦1,698.80 JAPANESE YEN (JPN) ₦8.53 CHINESE YUAN (CNY) ₦202. 99 WEST AFRICAN CFA (XOF) ₦2.39 WEST AFRICAN UNIT ACCOUNT (WAUA) ₦1,866. 38 SAUDI RIYAL (SAR) ₦367. 54 SOUTH AFRICAN RAND (ZAR) ₦83. 65 BLACK MARKET…
Founded in the 1950s by Karl Pollman, Pollman’s Tours & Safaris has grown to become an industry leader with more than 200 late-model vehicles meeting the needs of a variety of group and individual clients and custom-designed for the roads of Kenya.
The Flour Mills Group intends to streamline its 22 business units into five separate entities. Checks by Industrial Times ,shows that among the subsidiaries are Apapa Bulk Terminal, Northern Nigeria Flour Mills, Agri Palm, Agriculture Allied Syrup; BAGCO, Eagle Flour; Golden Fertilizer, Golden Agri Inputs , HoneyWell, Agro Allied Farms Sunti, etc. The company’s Chairman,…
A strong domestic refining base is fundamental to building a resilient, energy-secure and sovereign economy. It is also critical for job creation, foreign exchange conservation, macroeconomic stability and the development of export-oriented refining capacity.
(Visual Capitalist) China and manufacturing dominance together are words easily believed, but this wasn’t always the case. The world’s manufacturer didn’t always make—quite literally—everything. This visualization projects the change in manufacturing value added (MVA) by country from 2000 to 2030. Data is sourced from the UN Industrial Development Organization, as of November 2024. Economic Reforms and…
The refinery is challenging the directive on the ground that the petroleum regulator lacks the statutory authority to exercise regulatory or oversight powers over its operations within the free zone.
Nestlé Nigeria recently launched a fully ready-to-eat cereal – Golden Morn 3in1 into the markets. This product combines Nigeria’s favourite Maize and Soya cereal with milk, requiring only the addition of water to serve a complete meal that can be enjoyed at any time of the day. Wassim Elhusseini, the Managing Director and CEO of…
