Trade facilitation: Customs unveils digital baggage import declaration
The Nigeria Customs Service, NCS has announced the deployment of a Simplified Baggage Import Declaration System at the Seme Area Command. This marks a new phase in its drive for digital innovation, trade facilitation, and improved passenger clearance processes. The initiative is designed to streamline baggage declaration, reduce clearance time, and enhance transparency for legitimate […]
Securing convictions critical to war against money laundering – GIABA
Securing convictions in prosecution of money laundering cases is critical to success of measures to fight money laundering and terrorism financing.
Nosak Distilleries laments high cost of funds
Ahead of its proposed plans to go public and get listed on the Nigerian Stock Exchange (NSE) as well as its certification by Standard Organisation of Nigeria (SON), Nosak Distilleries Limited, has lamented the high cost of sourcing funds from the banks, and called on the Federal Government through the Central Bank of Nigeria (CBN) to find a way of reducing interest rate.
PHCN, FBN risk contempt over power purchase agreement
Managers of First Bank Nigeria (FBN) Plc and Power Holding Company of Nigeria (PHCN) may face contempt charges at the Lagos High Court Igbosere over a dispute arising from breach of contribution in Barge Power Purchase Agreement entered into by PHCN and Lagos State Government in 2000.
NGO mobilises $31m for establishment of 6 grazing reserves in Nigeria
The perennial clashes between pastoralists and farmers in the country have been attributed to the non-enforcement of grazing laws on the part of government.
Industrialist seeks SMEs exemption from IFRS
Small and Medium Scale Enterprises (SMEs) listed on the Nigerian Stock Exchange (NSE) should be exempted from International Financial Reporting Standard (IFRS) says the Managing Director, Poly Products Nigeria Plc, Mr. Nasir Gwalani.
