By Oladele Eniola The UK government on Wednesday said it had cut tariffs and extended duty free trade in goods exported from Nigeria Mr Ben Llewellyn-Jones, Deputy British High Commissioner to Nigeria said this at the launch of the Developing Countries Trading Scheme (DCTS) which took place at EkoContinue Reading

By Polycarp Auta The Central Bank of Nigeria (CBN) has denied scarcity of the new naira notes as alleged by some Nigerians. The CBN Governor, Godwin Emefiele, represented by Musa Jimoh, Director, Payment System Management Department of the bank, dismissed the allegation at a news conference on in Jos. ”TheContinue Reading

By Chiazo Ogbolu The Nigerian Maritime Administration and Safety Agency (NIMASA) has issued a 72-hour ultimatum to the Primary Lending Institutions (PLIs), to release modalities for the disbursement of 350 million dollars Cabotage Vessels Finance Fund (CVFF). The PLIs approved for the disbursement of the fund are: Zenith, Polaris, UnitedContinue Reading