THE National Coun-cil of Managing Directors of Licensed Customs Agents (NCMDLCA), who served as members of the technical and main Committee of Destination Inspection Committee of 1999/ 2006 and the initiators of the memo to commence Destination inspection in 2001, have expressed their concern about Nigeria’s trading system and the economy that is vulnerable to terrorist exploitation due to our cargo inspection (Destination Inspection) (DI) regime.

The Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) has expressed its opposition to the proposed naira restructuring by the Central Bank of Nigeria (CBN).

The Management of the Bank of Agriculture (BOA) said the under-capitalization of the bank over the years undermined its capacity to fully deliver on its mandate, just as it disclosed that it has only received N30billion in 13 installments out of N50billion approved share capital since the merger of its legacy institutions in 2000.

The Nigerian Institute for Oceanography and Marine Research (NIOMR), in collaboration with the Second Institute for Oceanography, Hangzhou, China, have successfully conducted a marine scientific research cruise in the Nigerian continental shelf.

Flour Mills of Nigeria Plc, Thursday, said it plans to spend about N9.7 billion in the expansion of its milling plants across the country.