Tag: trade
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Naira’s hold on the illicit market weakens as the US dollar gains ground
The naira traded close to its low on Wednesday due to strong demand for the haven currency in Africa's largest economy, while the US...
Trade between the UK and Nigeria is worth £7 billion – British High Commissioner
British High Commissioner Richard Montgomery recently revealed the strong commercial links between Nigeria and the United Kingdom (UK), which are currently valued at almost...
Labour Disputes New Minimum Wage’s Introduction in May
The Trade Union Congress of Nigeria (TUC) has ruled out the possibility that state governors and the federal government will work together to impose...
Nigeria and the UK establish new trade and investment relations
The Enhanced Trade and Investment Partnership (ETIP) was signed by the U.K. Secretary of State for Business and Trade, Kemi Badenoch, and Nigeria's Minister...
Import Duty FX Rate Increased for the Fourth Time in February to N1,444.56/$
The benchmark foreign exchange (FX) rate used to calculate import tariffs has increased to N1,444.56/$ for the fourth time in a month. On February...
