OIL prices rose to trade near $85 a barrel, yesterday, ending a five-day losing streak, as optimism about the economy outweighed forecasts for a further rise in US inventories. The rise in prices of crude was in line with the Organization of Petroleum Exporting Countries estimation that crude prices will average $80 per barrel in the coming months.

AN Asaba high court, Wednesday, restrained the Economic and Financial Crimes Commission, EFCC, from arresting the immediate past Governor of the state, Chief James Onanife Ibori over alleged N44 billion fraud.

Even without reforming the electoral laws we have, the present laws can enable you to conduct elections that will be more than 70 percent acceptable

Desirous of improving security during match days, the West Africa Football Union Tuesday in Abeokuta organised a workshop on security at football venues

Federal Government has constituted a committee to work out modernities for the transition of functions presently performed by the Service Providers engaged to assist the management of the Nigeria Customs Service (NCS) in risk assessment and scanning of imports into the country, even as the Service Providers have called on government to fully involve the Customs in the transition process.

Khaled El Sergany, the Egyptian referee that handled the two-week Africa Junior Tennis Championship in Abuja, has described the tournament and his stay in the country as ‘fantastic and memorable’.

ON assumption of duty as the Federal Capital Territory Command of the Nigeria Customs Service in Abuja, the Command’s Comptroller Alhaji Usman Kankara Bello told Godwin Oritse in this interview that he has turned the face of revenue collection around at Command as first quarter collection shows a remarkable difference from last year’s collection.

THE Federal Capital Territory (FCT) Command of the Nigeria Customs Service (NCS) has collected over N1billion for the first quarter a total of the year 2010 as against N297million collected for same of 2009.

With the appointment of Alhaji Yusuf Suleiman as the Minister of Transport by the Acting President in his recent allocation of portfolios into the Federal Executive Council (FEC), maritime stakeholders differs over the appointment of a none transport professional, even as the new Minister resumed duty.

As the April 24th closing date for registration of freight forwarders in the country draws nearer, the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN), has warned would be members against late registration

Determined to unravel the mystery behind the disappearance of consignments from the nation’s seaports, the Ports Authority Police Command (PAPC) recently got a breakthrough in this effort, as it smashed a syndicate that had illegally cleared four exotic cars, all valued at N9 million, from the PTML Terminal, Tin-Can Island Port Complex, (TCIPC), Apapa, Lago

WITH the appoint-ment of Alhaji Yusuf Suleiman as the Minister of Transport by the Acting President in his recent allocation of portfolios into the Federal Executive Council (FEC), maritime stakeholders differs over the appointment of a none transport professional, even as the new Minister resumed duty.

The upward trend in the Nigerian Stock Exchange (NSE) was punctuated, Tuesday, as the value of listed equities dipped by N85.02 billion.

Zinox Computers is among ICT vendors currently showcasing in the ongoing NITEX 2010 exhibition organised by the Nigeria Computer Society (NCS), in partnership with Nigeria Information Technology Development Agency (NITDA), Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Standards Organization of Nigeria (SON), and Center for Information Technology Studies (CITS).

The Minister of Commerce and Industry, Senator Jubril Martins Kuye, and his Minister of State Ms. Josephine Tapgun, have assured industrialists and all stakeholders in the manufacturing landscape, saying: