The Association of Bureaux De Change Operators of Nigeria has disclosed its plans for a unified retail end of the foreign currency market. A statement from the association on Friday said the move would tackle volatility and boost regulatory compliance within that segment of the market. ABCON President, Aminu Gwadabe, noted that ABCON was impl ... Read more

Maritime experts have disclosed that Nigeria is losing a sum of $9.2bn annually to foreign shipping lines that are handling cargo that a national fleet is supposed to handle. This was disclosed by a former Chairman of the National Fleet Implementation Committee, Hassan Bello, on Friday at the inauguration of the new executives of the Shipowners ... Read more

The President and Chairman of the Council of the Chartered Institute of Taxation of Nigeria, Mr Samuel Agbeluyi, has disclosed the establishment of the Presidential Committee on Fiscal Policy and Tax Reforms, it expressed commitment to fostering sustainable economic growth through efficient taxation strategies. This was disclosed by Agbeluyi, at ... Read more

The World Trade Organisation disclosed that Global trade has continued to grow, reaching over US$ 30.4 trillion in 2023, a fivefold increase since 1995. In a report to mark its 30th anniversary, the WTO, which was established on April 15, 1994, after the signing of the Marrakesh Agreement, explained that between 1995 and 2023, total world trade ... Read more

The Governor of Oyo State, Seyi Makinde, has unveiled a €25m fish and feed plant in Ibadan, the state capital, on Thursday. During the unveiling, the governor expressed that his administration would continue to provide a conducive environment for businesses to strive, especially for agricultural development and food security. The governo ... Read more

The African Refiners and Distributors Association (ARDA) in partnership with the Global LPG Partnership (GLPGP) to invest over $1 billion funding to address the growing clean cooking crisis in Africa. While speaking at the ongoing ARDA Week in Cape Town, South Africa, Executive Secretary of ARDA, Anibor Kragha, noted that Africa faces a serious ... Read more