THERE are indications that men and officers of the Nigeria Customs Service (NCS) have commenced the gradual take over of the scanning operations across the nation’s seaports, airports and border posts.

Minister of Transport Alh. Ibrahim Isa Bio has said that the problem of shortage of funds hindering involvement of local operators in maritime sector of the nation’s economy will soon be addressed with the expected establishment of the regional Maritime Development Bank for Maritime Organizations of West and Central African States (MOWCA) to be based in Nigeria.

ABUJA- THE Federalgovernment yester day inaugurated a macroeconomics policy group with a mandate to develop a macroeconomic frame work for the vision 20:2020, just as it has been charged to develop macroeconomic policies that will provide sustainable support for the short and long term imperatives of the vision.

The recent failure of Nigeria’s terrestrial internet service provision, the South Atlantic 3/West Africa Submarine Cable, known as SAT-3, has been declared as a major operational risk to the banks and other organisations with a high dependency on international and internet communications.

Association of Bureaux De Change Operators of Nigeria (ABCON) has provided the Electronic Financial Surveillance System (eFASS) infrastructure for its members to render daily returns to the Central Bank of Nigeria (CBN), warning it would impose severe sanctions on any member that fails to comply with the requirement on daily returns.