Sunday, July 6, 2025

ECONOMY

ECONOMYTOP STORY

CBN approves special forex for airlines, others

The Central Bank of Nigeria (CBN) has approved a Special Secondary Market Intervention Retail Sales (SMIS) for airlines operating in the country. Also, other critical sectors to benefit from the one-off exercise dedicated to the clearance of the backlog of matured foreign exchange obligations are raw materials and machineries for...
ECONOMYTOP STORY

Adeosun says eliminating waste is national duty

The Minister of Finance, Mrs. Kemi Adeosun on Thursday disclosed that the Federal Government would soon issue a new template on approved expenses for state-owned enterprises as efforts were being intensified to control the nation’s recurrent expenditure. The Minister gave the hint at a workshop on Cost Management on Overhead...
ECONOMYTOP STORY

Stock fish export to Nigeria drop by $500m

Norwegian Seafood Council (NSC) Director, Mr. Trond Kostveit, has said that importation of stock fish to Nigeria from Norway has dropped from $1billion by half since 2015. The Director, Central and West Africa explained  at the stakeholders meeting organised for seafood importers by the Norwegian Seafood Council in Lagos  that...
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