Determined to enthrone true demo cratic principles in the conduct of its affairs, the body entrusted
by the Association of Nigerian Licensed Customs Agents (ANLCA) with the conduct of its elections, Association Electoral Commission (ASECO), has written to the various area commands of the Nigeria Customs Service (NCS), requesting that the respective Controllers furnish it with “the authentic list of existing Customs agents licenses at your command”.

The directive by the Federal Government to the management of the Nigerian Ports Authority, NPA, and Nigeria Maritime Administration and Safety Agency, NIMASA, to contribute N1 billion each for the dredging of the River Niger has been faulted by the leadership of the National Council of Managing Directors of Licensed Customs Agents, NCMDLCA.

The Nigeria Customs Service (NCS) has taken delivery of two brand new helicopters with a view to fighting smuggling and bringing it to the barest mimimum.

African Circle Limited, a marine waste management firm has acquired four new vessels to tackle pollution and other marine waste in the nation’s coastal waters in line with the International Maritime Organisation’s (IMO) objectives of safer and cleaner water for shipping activities.

Standards Organization of Nigeria is set to commence a series of activities to kick-start the celebration of the Nigerian Quality Week 2009 in Kano for industries and stakeholders in the Northern Zone of the country.

The Group Managing Director/Chief Executive of Union Bank of Nigeria Plc, Dr Barth Ebong has said that given the current global financial meltdown, the nation’s economy needs to be stimulated particularly to give the banking public the motivation and leverage to deepen banking culture.

In its bid to gear itself to match up to the task of deep offshore oil exploration two years after signing the Production Sharing Contract, PSC, ONGC Mittal Energy Limited, OMEL has set up a full-fledged establishment with human resource and state-of-the-art equipment as the company unveiled its new office and seismic data processing and interpretation centre in Lagos.

Citing technical pat terns, Citgroup Incorporation has advised investors to sell the euro against the dollar as the common European currency follows gold lower.

The Chairman, Lagos State Association of Microfinance Banks, Chief. D. O. Adenekan, has warned microfinance bank operators against the risk of embarking on hasty branch expansion programme so as to avoid over-capitalizing and over-stretching their facilities.

The era of illiquidity in the Nigerian capital market may have been over, as investors in the secondary segment of the market have jettisoned their fear of collapse of the market, staking their funds in the exchange of equities in the Nigerian Stock Exchange (NSE).