Newsfront Online …Telling the Public as it is

The Central Bank of Nigeria (CBN), on Friday, slashed the exchange rate for computing Customs duties at the nation’s seaports by 7.3 per cent. The slash, analysts argued, was as a result of the naira that strengthened against the dollar ...

Afreximbank and the Federal Ministry of Health and Social Welfare on Wednesday signed a Memorandum of Understanding (MoU) to support the development of Nigeria’s healthcare sector under the Presidential Initiative for Unlocking Healthcare Value Chains (PVAC). The partnership seeks to ...

President Bola Tinubu has approved the appointment of Ibrahim Khalil Gaga as executive director, Corporate Services, at the Nigerian Export-Import Bank (NEXIM). According to a statement by Presidential spokesman Ajuri Ngelale on Wednesday, Gaga, a lawyer, has gained over 25 ...

…As Elumelu gives keynote address United Bank for Africa (UBA) Plc, has been announced as the official sponsor of the 4th edition of the ECOWAS Mining and Petroleum Forum (ECOMOF 2024) scheduled to take place at the Palais des Congrès ...

The National Pension Commission (PenCom) has said its efforts in addressing uncredited contributions have yielded significant results, with its director-general Aisha Dahir-Umar revealing that since 2012, approximately N12.9 billion in principal contributions under Contributory Pension Scheme (CPS) and N12.5 billion ...

In the third quarter of 2023, Nigeria witnessed a rise in its unemployment rate to 5.0 per cent from 4.2 per cent in the previous quarter, as per the latest Labour Force Survey released by the National Bureau of Statistics (NBS) on ...

Cement manufacturers in the country have agreed to slash the price of the commodity to between N7,000 and N8,000 per bag after the federal government’s intervention. This was the resolution of a three-hour meeting between the manufacturers and a federal ...

…As FIRS seeks stoppage of fresh N2.7trn tax credit, targets N19trn revenue in 2024 The Senate, through its Standing Committee on Finance, on Monday, frowned at N17trillion loss incurred by the Federal Government on tax waivers in the last five ...

The federal government is to establish the Nigerian Mining Centre of Excellence (CoE) that will meet the needs of investors in the solid minerals sector. The permanent secretary of the Ministries of Solid Minerals Development and Steel Development, Dr Mrs ...

In a momentous move to empower Nigerian youths and foster economic growth, Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first-fully digital bank, ALAT, has joined forces with the National Youth Service Corps (NYSC) to launch the NYSC-ALAT ...