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Nigeria, UK Customs forge digital alliance to fix £1.2bn trade gap

Nigeria’s Customs Service and the United Kingdom’s tax and customs authority have agreed to establish a structured data-sharing framework aimed at resolving a staggering £1.2 billion discrepancy in bilateral trade

The post Nigeria, UK Customs forge digital alliance to fix £1.2bn trade gap appeared first on The Nation Newspaper.

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Interest rates on bank loans rising — says 42% Nigerians

By Elizabeth Adegbesan A Central Bank of Nigeria, CBN, survey has showed that 42.7 percent of respondents perceived interest rates on bank loans to be high in the past three months. This formed the key highlight of the apex bank’s Consumer Expectation Survey report for February 2026. The respondents made this remark when asked how the […]

The post Interest rates on bank loans rising — says 42% Nigerians appeared first on Vanguard News.

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Middle-East Conflict: Nigerian insurers to face high reinsurance costs

By Rosemary Iwunze As the conflict involving United States, Israel and Iran escalates in the Middle-East, Nigeria insurance industry may face rising reinsurance costs. Commissioner for Insurance, Mr. Olusegun Omosehin, who disclosed this, noted that the crisis could trigger rising claims globally, leading to higher reinsurance pricing. The development, according to Omosehin, would inevitably affect Nigerian […]

The post Middle-East Conflict: Nigerian insurers to face high reinsurance costs appeared first on Vanguard News.

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UBA, NiDCOM deepen collaboration to unlock diaspora capital

United Bank for Africa (UBA) Plc, has reiterated its commitment towards building tangible economic bridges and strengthening diaspora-driven investment into Nigeria. UBA’s Group Managing Director/Chief Executive Officer, Oliver Alawuba, stated this while hosting representatives of the Nigerians in Diaspora Commission (NiDCOM) led by its Chairman/CEO, Hon. Abike Dabiri, at the bank’s UK office earlier in the […]

The post UBA, NiDCOM deepen collaboration to unlock diaspora capital appeared first on Vanguard News.

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