The Commerce Africa African Reneissance

  Nigeria’s Naira strengthened by 9.64 percent despite a decline in dollar liquidity at the official market on Monday. At the close of trading on Monday, the dollar was quoted at N837.77, stronger than N927.19 quoted on Friday at the Autonomous Foreign Exchange Market (NAFEM), data from the FMDQ indicated. …

The Nigerian Upstream Petroleum and Regulatory Commission has said the Federal Government is planning to revoke unused oil exploration leases that companies were granted but have not been able to carry out any exploration activities on them. The Chief Executive Officer, Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe told Reuters …

UK Home Secretary, James Cleverly, has unveiled a set of new rules aimed at curbing migration, BBC reports. The UK is set to raise the minimum salary requirement for obtaining a skilled worker visa. Currently set at £26,000, the new threshold will be increased to £38,700. Cleverly told parliament on …