2017: Customs targets N1.1 tri revenue

2017: Customs targets N1.1 tri revenue

For the year 2017, the Nigeria Customs Service (NSC) has set a revenue target of N1.1 trillion.  At the end of a strategic management meeting, the  Comptroller-General of  Customs, Hameed Ali,in a statement issued by national Public Relations Officer (PRO),...
read more
ICC lauds WestBlue Consulting on improved trade facilitation in Ghana

ICC lauds WestBlue Consulting on improved trade facilitation in Ghana

The International Chamber of Commerce (ICC) Office in Ghana has commended Westblue Consulting Limited, technical consultant of the Ghana Single Window Project, for its salutary role in simplifying the country’s cross-border trade, thereby enhancing the compe...
read more
CBN re-introduces charges on cash deposits, withdrawals

CBN re-introduces charges on cash deposits, withdrawals

About three years after the policy was suspended, the  Central Bank of Nigeria (CBN) on Thursday announced the re-introduction of bank charges on certain categories of cash deposits and withdrawals.      In a circular to all Deposit Money Banks posted on...
read more
Communities, 44 varsities to benefit from N20b green bond

Communities, 44 varsities to benefit from N20b green bond

Not less than 44 Nigerian universities and several communities are to benefit from the proposed N20billion sovereign green bond scheduled to commence next month. Speaking at the investors’ conference for the green bond at the Nigerian Stock Exchange (NSE) on...
read more
NLNG records explosion along gas transmission pipelines

NLNG records explosion along gas transmission pipelines

The Nigeria Liquefied Natural Gas (NLNG) on Wednesday recorded an explosion on a section of its right of way housing two gas transmission pipelines.  A statement issued by NLNG General Manager (External Relations), Kudo Eresia-Eke, explained that one of the.....
read more
EFCC recovers 17 vehicles from Dikko, ex-Customs boss

EFCC recovers 17 vehicles from Dikko, ex-Customs boss

The Economic and Financial Crimes Commission (EFCC) on Wednesday disclosed that  it has recovered 17 “exotic vehicles’’ in a warehouse belonging to a former Comptroller-General of Customs, Abdullahi Dikko Inde. A statement issued by Wilson Uwujaren, Hea...
read more
WFE unveils report on SME financing, equity markets

WFE unveils report on SME financing, equity markets

The World Federation of Exchanges (WFE) on Wednesday  published a report into exchanged-based financing of Small and Medium Enterprises (SMEs), aimed at identifying globally-consistent barriers and opportunities for enhancing SME access to equity finance. As ...
read more
Nissan: Carlos Ghosn to remain chairman, refocuses role

Nissan: Carlos Ghosn to remain chairman, refocuses role

(BBC) Carlos Ghosn is relinquishing his role as chief executive of Nissan, but will remain chairman of the Japanese car maker. Hirohito Saikawa, already the company’s co-chief executive, will take over. The reshuffle will allow Mr Ghosn to focus on...
read more
NSE lists Forte Oil’s N9B Bond

NSE lists Forte Oil’s N9B Bond

The Nigerian Stock Exchange (NSE) has listed N9billion bond for Forte Oil as part of the planned N50 billion bond issuance programme for the leading energy company.  Under the arrangement, proceeds of the N9 Billion Series 1, five year bond...
read more
FG adopts 60-day plan on ease of doing business at seaports, airports, others

FG adopts 60-day plan on ease of doing business at seaports, airports, others

The Presidential Enabling Business Environment Council (PEBEC) chaired by Acting President, Yemi Osinbajo, has approved a 60-day national action plan to push through short term reforms at seaports, airports and other locations . The Acting President, who addre...
read more
China sanctions CMA CGM, Evergreen, others for not reporting freight tariffs

China sanctions CMA CGM, Evergreen, others for not reporting freight tariffs

(WMN) China’s Ministry of Transport has fined 14 international container shipping companies because they either failed to report freight tariffs to the ministry or were inconsistent with the reported ones. Companies have been punished with a total of RMB 2....
read more
Photo News

Photo News

The Minister of Information and Culture, Alhaji Lai Mohammed (middle), flanked by the Chairman, Leadership/Folio Limited, Mr. Fidelis Anosike, and the Permanent Secretary, Federal Ministry of Information and Culture, Mrs. Ayotunde Adesugba, at the signing of M...
read more
WFE explains FSB’s access to financial market infrastructure

WFE explains FSB’s access to financial market infrastructure

The World Federation of Exchanges (WFE) has responded to a consultation from the Financial Stability Board (FSB) related to the Continuity of Access to Financial Market Infrastructures (FMIs) for a Firm in Resolution. Whilst focused on situations where a firm....
read more
NPA boss canvasses quick passage of maritime bills

NPA boss canvasses quick passage of maritime bills

AS part of measures to boost Port Development, the Managing Director, Nigerian Ports Uthority ( NPA) Ms Hadiza Bala Usman has appealed to the  National Aasembly to pass the  Ports and Harbours Bill, National Transport Commission Bill and other maritime...
read more