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 […]
Expert confident of sustainable equities rebound
A financial expert and investment analyst, Mr Bismark Rewane, has expressed optimism that the current rally in the equity segment of the stock market will be sustained. Bismark who made the assertion in his bi-monthly review of the economy, said that strong macroeconomic fundamentals and attractive valuations favour the surge.
AfDB publishes report on household spending patterns in Africa
The African Development Bank (AfDB) has published the first all-Africa report on household spending patterns across the continent.
FG pledges to boost cocoa production with N5.6m
Minister of State for Trade and Investment, Dr Samuel Ortom, has said the Federal Government will soon release N5.6m counterpart funding to boost cocoa production in the country. Ortom gave the assurance when a delegation from the International Cocoa Coordination Organisation (ICCO), led by Dr Koname Lucien, its Regional Director, paid him a visit in Abuja on Tuesday.
Labour questions FG’s plan to borrow $7.9bn
Labour leaders have questioned the rationale behind the Federal Government’s plan to borrow $7. 9 billion when its key officials maintained that Nigeria was not broke. In separate interviews with the News Agency of Nigeria (NAN) in Lagos, the labour leaders urged government to block all leakages to ensure that the loan was judiciously used.
FG to commence disbursement of CVFF
AFTER five years of waiting game, federal government has finally given the management of the Nigerian Maritime Administration and Safety Agency, NIMASA, consent to commence the disbursement of the Cabotage Vessel Financing Fund, CVFF.
