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•Food import share shrinks as total imports jump 28% By Babajide Komolafe Nigeria’s spending on food imports declined by 7.4 per cent, year-on-year to $2.34 billion in 2025, signaling a moderation in the country’s dependence on imported food products despite a sharp increase in overall import expenditure. Data on food imports obtained from the Central Bank […]
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By Efe Onodjae The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dayo Mobereola, has reaffirmed Nigeria’s commitment to strengthening regional maritime integration, cooperation and capacity development across Africa. Mobereola made the pledge while receiving the Honorary Consul of Liberia in Lagos, Dapo Akinosun, at the NIMASA headquarters in Lagos. He described the engagement […]
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Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has re-assigned all four deputy governors of the institution.
The post Cardoso re-assigns deputy govs, Ikeazor now in charge of policy appeared first on Vanguard News.
Investors lost N1.811 trillion on Monday as widespread profit-taking in major equities dragged the stock market into negative territory on the first trading day of June.
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….Accuses Customs, NAFDAC, SON of enforcement failure By Cynthia Alo Despite the retention of vegetable oil on the Federal Government’s prohibition list under the 2026 fiscal policy measures, the National Chairman of the Vegetable/Edible Oil Producers Association of Nigeria (VEOPAN), Okey Ikoro, said the local market is still dominated by more than 100 imported oil brands, […]
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