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 […]
Unified international cargo shipment to benefit Nigerian shippers’— Bello
Director of Legal Services, Nigerian Shippers’ Council (NSC), Hassan Bello has said that Nigeria will benefit from the proposed legal frame work for a unified international cargo shipment.
Naira records first appreciation in two months
The declining fortunes of the naira was halted yesterday as it recorded its first appreciation in two months-gaining 10 kobo against the dollar.
MFB operator commends CBN’s move to sanitize the sector
The Managing Director of Fieldreams Micro-finance Bank, Mr. Cally Odoemenam, has commended the move by the Central Bank of Nigeria, CBN, to turn the heat on microfinance banks, MFBs, saying such will breed professionalism and eliminate the increasing rate of illiquidity in some microfinance banks.
NSE allays fears over SEC’s probe of market operators
The Nigerian Stock Exchange (NSE) has debunked reports that the Securities and Exchange Commission (SEC) has commenced probing the activities of the NSE, CSCS and stockbroking firms for alleged infractions, declaring, instead, that SEC is only conducting a routine inspection of capital market operators.
…Suspends broker for six months
The National Insurance Commission (NAICOM) has suspended UTIB Insurance Brokers Limited over withholding of N314m premium paid by National Identity Manage-ment Commission.
