By Martha Agas The Nigeria Customs Service (NCS), is determined to smoke out food hoarders as part of its contribution to checking inflation, its Comptroller-General (C-G), Adewale Adeniyi, has stated. “The service will continue to work tirelessly to ensure that the business of food hoarders is unprofitable,” Adeniyi declared inContinue Reading
By Martha Agas The Nigeria Customs Service (NCS), says it has recorded 74 per cent increase in revenue growth in the last one year. The Comptroller General (C-G) of the service, Adewale Adeniyi, stated this on Wednesday in Abuja, during a Press briefing on NCS’ achievements in the last oneContinue Reading
By Lucy Ogalue Stakeholders at the ongoing 30th General Assembly of the African Organisation for Standardisation have called for standardisation in promoting sustainable development, innovation, and export-oriented manufacturing across Africa. The stakeholders said this on Wednesday in Abuja at the ongoing 30th General Assembly of the African Organisation for StandardisationContinue Reading
By Lucy Ogalue The Presidential Enabling Business Environment Council (PEBEC), says it has concluded its 120-day Regulatory Reform Accelerator Action Plan, which will significantly improve Nigeria’s business environment. The Special Adviser to the President on Ease of Doing Business, Jumoke Oduwole, said the reforms concentrated on eight key indicators, includingContinue Reading
By Lucy Ogalue An entrepreneur, Mr Innocent Ogu, says manufacturing and commercialisation are critical to driving Nigeria’s economic growth. Ogu, the President, African Legacy International, told the News Agency of Nigeria (NAN) in Abuja that his organisation was committed to fostering economic development through strategic initiatives. He said one ofContinue Reading
By Rukayat Adeyemi Wema Bank has concluded the first tranche of its recapitalisation exercise, having secured all relevant regulatory approvals for the allotment of its N40 billion rights issue. Its Managing Director, Mr Moruf Oseni, disclosed this in a statement made available in Lagos. Oseni said as a forward-thinkingContinue Reading
By Martha Agas The Trade Modernisation Project (TMP) Ltd, will empower 2,500 personnel of the Nigeria Customs Service (NCS) with technical skills. According to Mr Ahmed Ogunshola, the General Manager of the project, this is in line with the project’s capacity building framework. Ogunshola said this in an interview withContinue Reading
By Rukayat Moisemhe Money Lenders Association, has commended the continuous actions by the Federal Competition and Consumer Protection Commission (FCCPC) to sanitise the digital lending space in Nigeria, saying it is a welcome development. Chairman of the Association, Mr Gbemi Adelekan, in an interview with the News Agency of NigeriaContinue Reading
By Okeoghene Akubuike Afreximbank and First Bank of Nigeria(FBN) have signed a 200 million dollar facility agreement for financing the needs of FBN’s numerous clients. The News Agency of Nigeria (NAN) reports that the signing took place at the ongoing 31st Afreximbank Annual Meetings (AAM2024) in Nassau, TheContinue Reading
By Safia Abdulrahman Many residents of the Federal Capital Territory (FCT), have continued to decry the increasing hike in transport fares. According to the residents, who spoke to the News Agency of Nigeria (NAN) on Friday in Abuja, the hike in transport fares has also led to the high costContinue Reading
