Today, the Naira is exchanging against the USD, Pound and the Euro , as follows: BLACK MARKET RATES US DOLLAR (USD) Buy ₦1,405 Sell ₦1,410 GREAT BRITISH POUND (GBP) Buy ₦1,880 Sell: ₦1,900 EURO (EUR) Buy ₦1,580 Sell ₦1,600 CANADIAN DOLLAR (CAD) Buy ₦1,020 Sell ₦1,080 SOUTH AFRICAN RAND (ZAR) Buy ₦75 Sell ₦90 UAE…
“This is another important step in the strategic transformation of our portfolio” said Philipp Navratil, CEO, Nestlé. “We are focusing our resources where we have the strongest competitive advantage.”
The Chairman of the Committee, Hon. James Faleke, who made this week , said that the review was necessary as a result of the country’s annual loss of about N8 trillion to waivers and concessions.
The policy also requires MDAs seeking to procure foreign alternatives to provide written justification and obtain a formal waiver from the BPP before such procurement can be approved.
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) emphasised that “Technical and Vocational Education and Training (TVET) through public private partnership (PPP) must take the center stage in Nigeria.” The National President of NACCIMA, Mr. Jani Ibrahim, emphasised the need during the stakeholders’ summit with the theme “Building Industry-Ready Professionals for…
South Africa is the only nation on earth that carries the name of the entire continent as its surname. That is not an accident of cartography. That is a covenant…
Adekunle Ojora, in the wake of the Nigerian Enterprise Promotion Act, acquired equity stakes in numerous foreign companies operating in Nigeria, including Bowring Group, Inchcape, Schlumberger, Phoenix Assurance, UTC Nigeria, Evans Brothers, and Seven-Up.
∆ President Bola Tinubu The House of Representatives has passed a bill to give foreign investors in Nigerian Citizenship for second reading. The proposed legislation titled , “A Bill for an Act to Alter the Constitution of the Federal Republic of Nigeria, 1999 to include Citizenship by Investment as one of the classes of Citizenship…
The brewery industry is now facing severe cost pressure as prices of local raw materials rise astronomically undermining their backward integration strategy. Industry stakeholders said the cost pressures coming from sorghum, wheat and others would remain elevated, driven by the impact of rising inflation, insecurity across agricultural belts in the country as well as other…
Google has launched Storybook, a new feature within its Gemini app, aimed at providing a creative and interactive learning tool for Nigeria’s 39 million children aged six and under. BusinessDay reports that the AI-powered feature transforms simple prompts, personal photos, and children’s drawings into customised, narrated storybooks, bridging a critical gap in early childhood education…
