The various freight forwarding groups comprising Association of Nigeria Licensed Customs Agents, ANLCA, National Association of Government Approved Freight Forwarders, NAGAFF and National Council of Managing Directors of Licensed Customs Agents, NCMDLCA, operating at the Apapa, have accused largest container terminal operator in the country, APM Terminals of unapproved levy collecting over N60 billion from importers in the last 10 months.

Apparently referring to the non passage of the petroleum industry bill, PIB, the Managing Director of Total Upstream Company in Nigeria, Elizabeth Proust, said that Nigeria is fast losing oil exploration investments to East African countries.

The Fund Managers of UPDC Real Estate Investment Trust (UPDC REIT), FSDH Asset Management Limited, has announced the payment of N1.4 billion interim dividend to the unit holders for the period ended June 30, 2014.

The cut in gas supply to no fewer than 87 manufacturing companies in the Agbara and Ota industrial belts of Lagos and Ogun states has cost manufacturers about N22b in the past three weeks, manufacturers, whose businesses have been affected, have cried out.

Two Nigeria entrepreneurs, Alhaji Aliko Dangote, President Dangote Group and Mr. Tony O. Elumelu, Chairman,Heirs Holdings, have lent their voices to the call for more indigenous participation in the Nigerian Oil and Gas Industry.