Customs releases impounded trucks after CGC’s intervention at bonded terminal
By Godwin Oritse The Nigeria Customs Service (NCS) has released 36 trucks belonging to members of the Association of Maritime Truck Owners (AMATO) that were impounded during an investigation into alleged trade infractions at Zarmmak Bonded Terminal in the Amuwo Odofin area of Lagos. The trucks were detained by Customs Police attached to the Zone ‘A’ […]
Reviewing the maritime industry operation in 2011
Few weeks to the beginning of 2011, the maritime industry woke up to the news of the sacking of the Managing Director of the Nigerian Ports Authority (NPA), Mallam Abdulsalam Mohammed and the replacement of Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Temisan Omatseye; who had been on suspension.
Battle for NIMN’s soul shifts to court
The looming battle between the estranged members of the National Institute of Marketing of Nigeria, (NIMN) has shifted ground formally to the court yard.
New pump price of Petrol will destroy informal sector – FIWON
INFORMAL workers in the country, under the umbrella of the Federation of Informal Workers’ Organisations of Nigeria, FIWON, have said the new pump price of Petrol announced by the Federal Government will destroy the informal sector of the economy.
Cashless: CBN postpones restriction on third party cheques till March
The Central Bank of Nigeria (CBN) has postponed till March, the restriction on third party cheque withdrawal. The cashless policy announced last year banned withdrawal of third party cheques across the counter. “Value for such cheques shall be received through the clearing house,” said the CBN.
I believe in creating beauty out of ordinary things -Mrs. Peju Okungbowa
Mrs. Peju Okungbowa is the Creative Director of Shades of Purple Décor, an interior decoration and events outfit based in Lagos. She ventured into the interior decoration and events management business because of her love for creating beauty out of ordinary things and order out of chaos.
Nigerian tax system slows growth, devt – Expert
Dr. Fakele Adediran, a don at Covenant University, Ogun State, has disclosed that the Nigerian tax system is “unfair and hinders development of the country.”
NSE bars dealing members from naked short selling
The Nigerian Stock Exchange, NSE, has exempted dealing members in the secondary segment of the Nigerian capital market from engaging in naked short selling.
Our cassava plan is to revive Nigeria’s economy – Adesina
THE Minister of Agriculture, Dr. Akinwumi Adesina, has revealed that the Cassava Transformation Plan of his ministry is meant to revive the country’s economy and create jobs for millions of Nigerians.
Europe, US worries weigh on oil prices
Oil prices slid Thursday as the euro sank against the dollar on renewed European debt jitters and US crude stockpiles unexpectedly rose, raising concerns about demand.
Electricity workers laud privatisation probe
ELECTRICITY workers in the country have praised the courage of the Senate over the adoption of its committee report on the probe of the privatisation programme in the country, and urged that the report be implemented within the next three months.
