Trade facilitation: Customs unveils digital baggage import declaration
The Nigeria Customs Service, NCS has announced the deployment of a Simplified Baggage Import Declaration System at the Seme Area Command. This marks a new phase in its drive for digital innovation, trade facilitation, and improved passenger clearance processes. The initiative is designed to streamline baggage declaration, reduce clearance time, and enhance transparency for legitimate […]
Okoroafor elected PETAN chairman
Mr. Bank Anthony Okoroafor has emerged the new chairman at the just-concluded annual general meeting, AGM, of the Petroleum Technology Association of Nigeria, PETAN, which held last week at its Headquarters in Port Harcourt, Rivers State.
Oil finally coming out of a ‘long, dark tunnel’— IEA
Nigeria’s hope of seeing the price of oil increase in the near future may not be too far, if the report of the International Energy Agency, IEA, is anything to go by.
It’s cheaper to import petrol than refine locally — Kachikwu
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said that at the moment, importing Premium Motor Spirit, PMS, also known as petrol, is cheaper than producing the product in the country’s refineries.
ECONOMIC CONFERENCE: An afterthought too late to rescue budget 2016 (1)
When late Harold Wilson, the late British Labor Party Prime Minister pronounced in the 1970s that “A week in politics is a long time” (VBQ p 271) he left politicians in the modern age a time metric to determine the tide of events as they affect their popularity with the electorate.
Why people fail in their businesses
Starting your own business can yield amazing rewards but at the same time it’s a pretty big risk. One of the biggest reasons why people fail is they enter into a business that doesn’t have profitable market. They may like what they are doing but they are not making money. It is one of the keys to do something you are passionate about, but if you can’t monetize it, then it is not something you may want to go into business with. It is necessary to carry out thorough research before you build up a business to find if there is a demand for your products.
