Business

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’ […]
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Oil falls to five-and-half-year low

Oil fell to the lowest level in more than 5 1/2 years after Goldman Sachs Group Inc. and Societe Generale SA reduced their price forecasts and Venezuela called on OPEC producers to work together to spur a rebound. West Texas Intermediate decreased as much as 4.7 percent, and Brent 5 percent, after dropping a seventh […]

Nigeria drops to 4th position in global sorghum market

Nigeria dropped to fourth position in global sorghum market in 2013 from number one in 2008. as local industries now operate at 40 percent capacity utilisation. Sorghum is a seed crop used in the manufacture of malt drinks, cereals, weaning formulas, biscuits etc.

Oil companies distribute 277m litres of petroleum products

The Nigeria National Petroleum Corporation (NNPC) Retail Limited and independent petroleum products marketing companies distributed about 276.90 million litres of various petroleum products in the 36 States and the Federal Capital Territory (FCT) in September 2014.

Why you are not investing

There is a saying that, it is the man that has eaten full that spends money to take pictures. It is good to enjoy some moment of relaxation, but it should not be at the expense of securing your future financially. You should not be spending money on frivolities when you have not ensured that you have put something aside to secure your tomorrow.

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