The Importers Association of Nigeria, IAN, has commenced the collection of levy on imported items from its members, nationwide.

The Nigeria Customs Service, CG Strike Force, last week, apparently spoilt the Christmas and New Year celebration for smugglers, following a comprehensive raid of Oniko, a village in Moro Local Government Area of Kwara State, believed to be a major hideout for smuggled items, confiscating a total of 8,413 bags of 50kg smuggled rice.

ABUJA—The ruling All Progressives Congress, APC, has said the opposition Peoples Democratic Party, PDP, ate up the country’s resources in the 16 years it spent in power.

An expert in the maritime business, Professor Fabian Ajogwu, a Senior Advocate of Nigeria, SAN, has stated that despite the financial plan made by the government in funding assistance for ship acquisition in Nigerian maritime sector,  indigenous participation in the owning of vessels and doing business in the sector has not improved because local shipping companies cannot access the requisite funding to acquire ship infrastructure and do the business.

DESPITE its 202 trillion standard cubic feet, scf, gas reserves, Nigeria has not been able to harness enough of its gas for power generation, as a result of many challenges, including low investment, inadequate funding of projects and huge indebtedness to gas suppliers.

Peoples Democratic Party, PDP, presidential candidate, Atiku Abubakar, has said President Muhammadu Buhari’s denial of the continued threats of the Boko Haram insurgency has made the demand for mental test for all presidential candidates imperative.

Akure—Bloody clashes between suspected rival cult groups left three persons dead in Ondo town, Ondo state and Badagry, Lagos State.

Josepdam Port Services Nigeria Limited, operators of ‘terminal A’ at the Tin-can Island port, is currently turning back ships seeking to berth at the multi-purpose terminal, its Managing Director, Simon Travers, has said.

LAST week I discussed the rising state of poverty and how the poor attitude of Nigerians to giving continues to contribute to it. I stated how government alone cannot reasonably be expected, particularly in the light of the world’s current economic realities, to improve the quality of life of everyone to the level which most people expect and how wealthy individuals can aide government in the provision of amenities of life to the less privileged.

African financial technol-ogy startups could pass as engine rooms of African financial technology transformation and developments.

The Maritime Workers Union of Nigeria, MWUN, has said it will no longer accept the middle man role of stevedoring firms in the negotiation and payments of welfare packages for dockworkers, even as it slammed stevedores for short-changing dockworker

The Chairman, Seaport Terminal Operators Association of Nigeria (STOAN), Princess Vicky Haastrup, has lamented how bad roads and the menacing Apapa gridlock, which she described as a monumental national disgrace, is frustrating operations at the nation’s seaports. 

THE Nigerian Stock Exchange (NSE), in a stock basket rebalancing measure, has reviewed its NSE 30 Index and eight sectoral indices, stating that the composition of the indices is effective January 1, 2019.

The Tony Elumelu Foundation, TEF, is now accepting applications for the 2019 cohort of the TEF Entrepreneurship Programme.