Lagos Trade Fair targets 500,000 visitors

Lagos Trade Fair targets 500,000 visitors

Not less than 500,000 visitors are expected at the 2016 Lagos Trade Fair organized by the Lagos Chamber of Commerce and Industry (LCCI).   The Chairman, Trade Promotion Board, Mr Sola Oyetayo in a statement sent to www.citybusinessnews.com  said the...
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NSC seeks removal of physical trade barrier in African

NSC seeks removal of physical trade barrier in African

The Executive Secretary and Chief Executive Officer of the Nigerian Shippers’ (NSC), has called for the removal of physical trade barrier in African sub-region. Bello made the call during the inauguration of the interim working committee of West Africa Road....
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Guinness Nigeria targets South African market

Guinness Nigeria targets South African market

(Bloomberg)  Guinness Nigeria Plc plans to increase exports to improve sales and generate more foreign exchange as the country’s second-largest brewer battles to overcome an economic slump in its home market.   The unit of London-based Diageo Plc will cons...
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Customs impounds 14,000 bags of rice at Tin-Can Island Command

Customs impounds 14,000 bags of rice at Tin-Can Island Command

The Nigeria Customs Service (NCS), Tin-Can Island Command has intercepted 31 containers of 14,000 bags of rice.  Briefing Journalsits on Friday, the Comptroller General of Customs, Col Hameed Ali (rtd), represented by  Deputy Comptroller Generals Dan Ugo and...
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CBN increases BDCs weekly sales to $50,000

CBN increases BDCs weekly sales to $50,000

 The Central Bank of Nigeria (CBN) has increased the amount of foreign exchange that Bureaux De Change (BDCs) can access from $30,000 to $50, 000 per week.  Speaking in Abuja on Tuesday, Directors of CBN and some Managing Directors of...
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TUC explains majority stake in Unity Bank

TUC explains majority stake in Unity Bank

 By Moses Ebosele –   The Trade Union Congress of Nigeria (TUC) has successfully acquired majority stake in Uity Bank Plc.   Under the arrangement, the Congress will within the next three years invest a total of N80 billion in the...
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