The Lagos Chamber of Commerce and Industry (LCCI) has petitioned the Presidency and the Coordinating Minister for the Economy against the Nigeria Customs Service (NCS) over allegation of arbitrary increase of the value of invoice of imported items from 50 to 100 percent to drive up collectable revenue.

When one is coming out of the Ogudu G.R.A. and one wishes to travel towards Oworonshoki, the street one passes through and the adjoining streets make up an open market where tomatoes, peppers and other food items are on display for sale.

It is important that you introduce and confirm your Next-of-Kin to your Pension Fund Administrator for record purpose because no one knows when Mr. Death may come calling.

As a vehicle owner in Nigeria, you have the option to choose between third party motor insurance cover and comprehensive motor insurance cover. If you opt for the comprehensive cover, you should know that a basic comprehensive motor insurance policy covers; third party insurance; fire damage to your vehicle; theft of your vehicle; collision or overturning damage to your vehicle; medical expenses incurred on you or your family members arising from injury sustained from accident to your motor vehicle subject to the limit specified by your insurer; towing expenses incurred on your motor vehicle following accident and up to the limit specified by your insurer.

Nigerian crude cargoes for January loading are struggling to sell with almost half of the program still available due to very weak demand with an oversupply of sweet crudes, market sources said.