Good morning, here are the latest top business news headlines for today Thursday, April 2021.
We Have Taken Steps To Improve Businesses’ Productive Capacity – Emefiele
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said that businesses in Nigeria have benefited from the “considerable steps” taken to ensure that their productive capacities are boosted.
He stated this at the 2021 Export Seminar organised by Zenith Bank on Tuesday…Read more
Senate Okays Customs N1.67 trillion Revenue Target For 2021
The Senate on Wednesday approved a total of N1.67 trillion revenue target for the Nigerian Customs Service (NCS) for the 2021 fiscal year.
The approval followed the presentation of a report by Francis Alimikhena…Read more
Naira Falls At Parallel Market
Naira to dollar exchange rate depreciated against United States dollar by 0.83 per cent at the parallel market on Tuesday, April 20, 2021.
Naira closed at N486 against dollar as against N482/$1 on Monday, April 19, 2021…Read more
Stop Rejecting Old Dollar Notes, CBN Tells Banks, BDCs
The Central Bank of Nigeria (CBN) on Tuesday has ordered banks and Bureau De Change (BDC) operators to stop rejecting lower and old dollar denominations from customers.
The central bank gave the order in a circular dated April 9, 2021, which was…Read more
Repatriate Forex Proceeds, CBN Urges Exporters
The Central Bank of Nigeria (CBN) has appealed to exporters to repatriate export proceeds in order to boost foreign exchange inflow in the country.
The CBN Governor, Godwin Emefiele, made this appeal while making a…Read more
Amazon To Establish Its E-Commerce HQ In South Africa
Cape Town, South Africa, is set to host Amazon’s African operations, a project that is estimated to be R4 billion.
The office space will sit on 60,000 sqm and would accommodate facilities such as…Read more
Transport Fare For Intracity Trips Increased By 82.50% YoY In March
The cost of transport fare within cities in Nigeria rose by 4.42 percent month-on-month, and 82.50 percent year-on-year in the month of March, a report by the Nigeria Bureau of Statistics (NBS) notes.
The report themed, “Transport Fare Watch”, is a monthly log of fluctuations in prices…Read more
Nigerian Companies To Access $666bn Market From AfCFTA Deal – CBN
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says Nigerian companies will get access to markets worth $666 billion once the African Continental Free Trade Area (AfCFTA) agreement is implemented.
In 2019, President Muhammadu Buhari signed the agreement at the…Read more
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