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Nigeria’s FX Utilisation Surges 91% to $50.93bn, Highest in Six Years
WorldBusinessEconomyNigeria

Nigeria’s FX Utilisation Surges 91% to $50.93bn, Highest in Six Years

By Benson Daniel Nigeria’s total foreign exchange utilisation rose sharply to $50.93 billion in 2025, marking the highest annual level recorded in six...

Nigerian Entrepreneur Builds Clea to Simplify Foreign Payments for African SMEs
ActiveAfricaNigeria

Nigerian Entrepreneur Builds Clea to Simplify Foreign Payments for African SMEs

A Nigerian computer scientist and serial entrepreneur, Sheriff Olayinka Adedokun, has founded Clea, a payment platform designed to simplify international transactions for African...

Customs Releases Impounded Trucks Following CGC’s Intervention at Bonded Terminal
BusinessNigeria

Customs Releases Impounded Trucks Following CGC’s Intervention at Bonded Terminal

By Benson Daniel The Nigeria Customs Service (NCS) has ordered the release of several trucks that were previously impounded at a bonded terminal...