Customs to measure efficiency of trade facilitation

The Nigeria Customs Service (NCS) says it has embarked on a Time Release Study (TRS) to…

Dangote wants action against Benin Republic on smuggling

Africa’s richest man and President of Dangote Group, Alhaji Aliko Dangote, has asked the Federal Government…

NCS creates new duty window on smuggled vehicles

Matthew Otoijagha The Nigeria Customs Service (NCS) has created a new window for vehicle owners who…

Dangote Cement invests $3bn in plants, terminals

The Group Chief Executive Officer, Dangote Cement Plc, Joseph Makoju, has said the company has invested…

Budget processes must be realistic to succeed- ANAN

Except a collaboration between the government and the the nation’s lawmakers evolve practical processes that will…

Inflation slides to the lowest rate in 30 months

Nigeria’s consumer prices rose at the slowest pace in two and half years in June as…

National carrier requires $300m initial capital — FG

The new national airline, Nigeria Air, will require initial capital of between $150m and $300m, and…

Nigerian Stock Exchange to List FGN N10.69bn Green Bond

The Nigerian Stock Exchange (NSE) will today list the FGN N10.69 billion Green Bond on the…

Akinwuntan Named New MD, Ecobank Nigeria

The Board of Directors of Ecobank Nigeria Limited Thursday announced the appointment of Patrick Akinwuntan as…

Nigeria, others to spend $105b on oil, gas decommissioning

Nigeria and other oil producing countries across the world will expend about $105b on decommissioning in…

FG to engage 300,000 new N-Power beneficiaries

The Federal Government has concluded arrangements to engage additional 300,000 beneficiaries in the second batch of…

Customs record N557bn revenue in six months

Matthew Otoijagha The Nigeria Customs Service (NCS) has said it collected N556.7 billion revenue from January…

NCRIB commiserate with Ogun state govt over flooding

Matthew Otoijagha The Nigerian Council of Registered Insurance Brokers (NCRIB) has commiserated with the Government and…

Insurance industry fundamentals are sound-CIIN

Matthew Otoijagha The 48th President and Chairman of Council of the Chartered Insurance Institute of Nigeria(CIIN)…

Business & Economy Roundup-July 19, 2018

1. FG makes N343.05m from savings bond in July, says DMO The Federal Government said it…

No country can survive without labour – Justice Adejumo

The President of the National Industrial Court, Justice Babatunde Adejumo, has described labour as the nerve…

“Spraying Naira is Punishable with 6 Months Jail Term” – CBN

According to the Central Bank Of Nigeria (CBN), spraying the Naira notes is an offense punishable…

Illegal deductions: CBN returns N65bn to bank customers

The Central Bank of Nigeria says it has recovered over N65bn from commercial banks in the…

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