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Long delays, high bribes at checkpoints bane of export in Nigeria

By Daniel Gumm Facilitating the  smooth, efficient movement of goods and people across West Africa should be easy but for long delays, high bribes at checkpointst. Trucks, cargoes and drivers that are properly documented  should not be subjected to delays and bribes. Unfortunately, road harassment is the norm along major routes in West Africa. Drivers
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Goodwell West Africa to grow MFIs

By Amaka Agwuegbo Alitheia Capital,Goodwell Investments BV and JCS Investments are set to further facilitate the growth of microfinance institutions (MFIs) in Nigeria and Ghana. Announcing the first close of a $60 million equity fund focused on microfinance institutions (MFIs) in Nigeria and Ghana, Tokunboh Ishmael, Managing Director of Alitheia, said a number of Dutch
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CPC moves against consumer abuses in ICT sector

…. introduces new Initiative for pro-consumer regulation By Oscarline Onwuemenyi Abuja – The Consumer Protection Council  (CPC) announced on Tuesday that it has commenced a pro-consumer initiative aimed at driving unprecedented and positive changes within the ICT sector in the country. This, according to a statement signed by the Head of Public Relations, Mr. Abiodun
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FG loses over N100b to foreign freight forwarding operations

By Godfrey Bivbere Federal government is losing over N100 billion annually to activities of foreign freight forwarding groups in the country. A frontline indigenous freight forwarder in the country, Prince Olayiwola Shittu  said in an exclusive chat with Vanguard. Shittu who is the former Public relations officer of the Association of Nigeria Licensed Customs Agents
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NSE equity value surges by N2.43bn

By Michael Eboh THE declining trend in the Nigerian Stock Exchange (NSE) was halted Tuesday, as the value of listed equities appreciated by N2.43 billion. Equities’ value, represented by the market capitalisation, rose by 0.05 per cent from N4.904 trillion at which it opened to close at N4.907 trillion, while the All-share index garnered 10.21
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Atedo Peterside faults CBN on code of corporate governance

By Babajide Komolafe Chairman, IBTC Stanbic Bank, Mr. Atedo Peterside, has faulted the Central Bank of Nigeria (CBN) on the provision of one code of corporate governance for operators in the financial sector. “Our regulator-imposed corporate governance codes and arrangements does not take cognisance of vastly differing ownership/management dynamics, nor are they adjusted or fine-tuned
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