The Naira strengthened in the parallel market yesterday, appreciating to N1,560 per dollar from N1,570 per dollar on Wednesday. But the Naira...
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The Minister of Steel Development, Prince Shuaibu Abubakar-Audu, has revealed that Nigeria imports about $4 billion worth of steel annually, stressing the need for import substitution to reduce pressure on foreign exchange. According to the minister, this is a clear indication that the country needs to focus on import substitution to reduce the pressure on foreign exchange. Speaking during a visit to the National Steel Raw Materials Exploration Agency in Kaduna on Thursday, Audu described the agency as a cornerstone in the federal government’s plan to grow Nigeria’s economy to $1 trillion by 2030. “For Nigeria to produce steel in Read Full Article At: Nigeria Imports $4bn Steel Annually – Minister
The Naira strengthened in the parallel market yesterday, appreciating to N1,560 per dollar from N1,570 per dollar on Wednesday. But the Naira...
President Trump has threatened to impose larger tariffs on the European Union and Canada if they team up against the US, as an escalating trade war...
The Sole Administrator of Rivers State, Retired Vice Admiral Ibok-Ete Ibas, has called on paramilitary agencies to intensify patrols to curb crime and...
By Osagie Edward War risk insurance (WRI) is an additional surcharge imposed by international shipping companies on cargo bound for Nigeria. It...
By Osagie Edward War risk insurance (WRI) is an additional surcharge imposed by international shipping companies on cargo bound for Nigeria. It...
Israeli prime minister Benjamin Netanyahu tasked Israel’s Mossad foreign intelligence agency with finding countries that would agree to receive...
The steel industry blames cheap imports for its woes, as government officials prepare a new wave of protectionism, at the cost of consumers. Master...
The steel industry blames cheap imports for its woes, as government officials prepare a new wave of protectionism, at the cost of consumers. Master...
The Caribbean is bracing for a potential trade storm as Prime Minister Mia Mottley warned that a proposed US levy on Chinese-made ships could severely...
In a bid to enhance inter-agency cooperation in the fight against economic and financial crimes, the Area Comptroller of the Nigeria Customs Service ,...