Customs Moves against Fraudulent Importers, Agents, Others
Worried about a poor image due to various trade crimes being committed over the decades in the area, the leadership of the Tin Can Island Customs Command, is currently working...
NNPC Denies Stopping Importation of Petroleum Products
The Nigerian National Petroleum Corporation (NNPC) has said it has not stopped importing petroleum products into the country. NNPC in a statement yesterday in Abuja, refuted allegations that it...
The rage of Abuja traders!
Four years ago, Abuja Municipal Area Council (AMAC) asked occupiers of stalls at Karu market to move out to enable it renovate the market that has unarguably fallen into disrepair...
Amaechi, Dangote, NLC Warn against Delay in PIB Passage
Rivers State Governor, Mr. Chibuike Amaechi; business magnate, Alhaji Aliko Dangote and the President of the Nigeria Labour Congress (NLC), Abdulwaheed Omar, Thursday warned that unless the Petroleum Industry Bill...
Oando Secures $815m Credit for Conoco Phillips’ Asset Acquisition
Oando Plc has received commitment letters for up $815 million of credit facilities from local and foreign banks to pay for the acquisition of ConocoPhillips’ (COP) Nigerian asset portfolio. ...
NIGERIA: ARS African Championship as a Positioning Tool
In a repositioning strategy, Airtel has ingeniously identified with the ARS African Championship which has impacted positively on African football and is considered a platform for promoting African unity, Raheem...
Sanusi insists on naira for dollar transfers …says he won’t re-visit N 5000 note
The Governor of the Central Bank of Nigeria, CBN, Malam Sanusi Lamido Sanusi, yesterday, said that Nigerians must accept Naira for dollar transfers. Fielding questions from journalists on the sidelines...
World Bank to cut extreme poverty by 2030
he President of the World Bank, Mr. Jim Yong Kim, has announced sweeping changes to make the institution more alive to its goals of ending extreme poverty by 2030, as...
Manufacturing exporters get N12bn NEXIM funding
Nigerian Export-Import Bank (NEXIM) has stated that it has provided N12 billion in lending to Nigerian export manufacturers, many of who put the “Proudly Nigerian” label on their products in...
Thumbs up for Travelex e-cash distribution system
The newly introduced electronic cash distribution system by world’s number one brand in retail foreign exchange, Travelex is already becoming the toast of registered operators of Bureau De Change (BDC)...