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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NSE to partner registrars in curbing market infractions

The Nigerian Stock Exchange, NSE, has called for the cooperation of the Institute of Capital Market Registrars, ICMR, in ridding the capital market of infractions and also in building a virile stock market for the Nigerian economy.

MTN, Coca-Cola set for 2011 ‘Hope Great Walk’

MTN and Coca-Cola Nigeria, major sponsors of the annual ‘Hope Walk’ are collaborating with Hope Worldwide Nigeria to mobilize 10,000 volunteer participants for this year’s ‘Hope Work’ slated for Saturday, December 3, 2011.

Unilever to protect Nigerians with Pepsodent

As part of its commitment to improving oral health of Nigerians, Unilever Nigeria Plc said it is committed to protecting over 160 million Nigerian with Pepsodent cavity fighter toothpaste.

90 % of insurance operators shun economic summit

National Insurance Commission (NAICOM) may be fighting the course of the entire insurance industry in making the industry relevant in government policy formulations with a lone voice as over 90 percent of insurance practitioners shunned the just concluded 17th Nigerian Economic Summit.

NAICOM disbands monopoly of agric insurance

National Insurance Commission, NAICOM, has disbanded the monopoly of Nigerian Agricultural Insurance Corporation, NAIC from the exclusivity of agricultural insurance in the country as the commission has open its doors to other underwriters willing to go into the lass of business.

NOIC calls for partnership on job creation

The Executive Director, Nigeria Opportunities Industrialization Centers (NOIC), Mr. Kehinde A. Abiola, has called on the Federal Government and other stakeholders to partner with NOIC to tackle the lingering unemployment problem in the country.

‘How Customs raked in N602 billion’

An insight into how the Customs overshot its targeted revenue for 2011 following improved performance in the areas of anti-smuggling and trade facilitation. The Service raked-in N602 billion within 10 months of operations, according to the Customs Area Controller (CAC), Ogun State Command, DC Oteri Richard, who attributed the feat to the ingenuity of the Comptroller General Dikko Inde. Excerpt:

FIRS appoints Keystone Bank as collecting agent

The Federal Inland Revenue Service, FIRS has appointed Keystone Bank Limited as an agent for tax collection and other remittances from the Nigerian public at any of the branches of the bank.

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