Police declare port corridor ticketing, revenue collection illegal
By Godwin Oritse The Western Ports Police Command has intervened in the brewing dispute between the Committee of Maritime Transport Unions and Associations (COMTUA) and the Lagos State Trucks and Cargo Operators Committee (LASTCOC) over the proposed sale of Lagos State revenue tickets along the Apapa and Tin Can Island port corridors. The intervention followed […]
SEC tasks capital market operators on wealth creation for poor people
The Director General of the Securities and Exchange Commission, SEC, Arunma Oteh, yesterday advised capital market operators to come up with recommendations that the market could explore to create wealth for ordinary Nigerians.
CIS, Laurel Ventures sign MoU to enhance stockbrokerage profession
The Chartered Institute of Stockbrokers (CIS) has signed a Memorandum of Understanding, MoU, with Laurel Ventures in order to enlarge the scope for its membership drive.
Inadequate external infrastructure hindering liquid steel production — Ajaokuta Steel
Ajaokuta Steel Company Limited has attributed the non-completion of required external infrastructure as the major challenge hindering liquid steel production in the country.
CBN to withdraw N500bn from banking system
LAGOS — The Central Bank of Nigeria (CBN) said it would withdraw N500 billion from the banking system through the recent increase in the cash reserve requirement of banks.
Manufacturers lament increase of monetary policy rate
Manufactures Association of Nigeria (MAN), Ogun Chapter, yesterday lamented over the increase of Monetary Policy Rate (MPR) from 12 to 13 per cent. Mr Wale Adegbite, the State Chairman of the association made the lamentation in Ota.
