Customs releases impounded trucks after CGC’s intervention at bonded terminal
By Godwin Oritse The Nigeria Customs Service (NCS) has released 36 trucks belonging to members of the Association of Maritime Truck Owners (AMATO) that were impounded during an investigation into alleged trade infractions at Zarmmak Bonded Terminal in the Amuwo Odofin area of Lagos. The trucks were detained by Customs Police attached to the Zone ‘A’ […]
Starcomms challenges NCC on interconnect rate reduction
Managing Director of Starcomms Plc, Mr Maher Quiben has challenged the Nigerian Communications Commission, NCC to reduce interconnection rates between the CDMA operators and their GSM counterparts, to encourage more industry improvements.
Bunkering: Nigeria loses $56b annually to Angola, Coat D’Ivoire
Nigeria loses about $56 billion annually for bunkering service to 177,000 ships sailing from Singapore to United State of America (USA) and Europe to Angola and Coat D’Ivoire because of its unattractive ports operation.
FG to leverage on credit information for economic development
The Federal Government of Nigeria has indicated its readiness to pursue the growth and development of the Nigerian economy with significant reduction in risks, through appropriate credit information on individuals and corporate bodies.
Customs begins gradual take over of scanning operations
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.
Regional maritime bank to address funding
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.
