Business

AVA Capital set for NGX listing to strengthen market visibility

AVA Capital set for NGX listing to strengthen market visibility

By Peter Egwuatu AVA Capital Plc, an integrated financial services group with operations in investment banking, asset management, securities trading and trusteeship, is set to list on the Nigerian Exchange Limited (NGX) by way of Listing by Introduction on Friday. According to a statement made available to Vanguard, the listing is a strategic transition into the […]
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Customs boss in smugglers forest

Customs boss in smugglers forest

Days after the Federal Government unfolded a policy to stop rice importation into Nigeria in the next four years, the tempo of rice smuggling in the country has taken a different dimension

‘FG’s 70% duty on imported cars will trigger hardship’

‘FG’s 70% duty on imported cars will trigger hardship’

Alhaji Jimoh Aremu is a dealer in all kinds of German, Japanese and American vehicles. In this interview conducted by telephone from the United States, the auto merchant admonishes the Federal Government to rescind its decision on the new policy that requires vehicle dealers, who do not manufacture locally, to pay 70 per cent duty on imported cars. He maintains that the policy will continue to attract public outcry and, worse still; it will affect the nation economically and keep lots of Nigerians out of job.

NIHOTOUR decries lack of training hotel

NIHOTOUR decries lack of training hotel

A Director in the National Institute for Hospitality and Tourism (NIHOTOUR), Alh. Abdul Maji Sheriff, has called for proper funding of the institute to enable it fulfill its mandates.

CBN retains MPR  at 12%

CBN retains MPR at 12%

The Central Bank of Nigeria, CBN, yesterday, retained the Monetary Policy Rate, MPR, at 12 per cent with a corridor of +/- 200 basis points around the midpoint.