Business

CBN unveils new FX guidelines, approves cash movement of $50,000

CBN unveils new FX guidelines, approves cash movement of $50,000

By Emma Ujah,  Abuja Bureau Chief The Central Bank of Nigeria (CBN) has issued fresh Foreign Exchange Guidelines which provides that an individual can move cash of up to $50,000, but must be declared at the point of exit. The bank also retained the earlier provision for the movement or import of cash of up to […]
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ANLCA elections: ASECO writes Customs  for agents’ authentication

ANLCA elections: ASECO writes Customs for agents’ authentication

Determined to enthrone true demo cratic principles in the conduct of its affairs, the body entrusted
by the Association of Nigerian Licensed Customs Agents (ANLCA) with the conduct of its elections, Association Electoral Commission (ASECO), has written to the various area commands of the Nigeria Customs Service (NCS), requesting that the respective Controllers furnish it with “the authentic list of existing Customs agents licenses at your command”.

River Niger Dredging: Group faults FG’s N4b order

River Niger Dredging: Group faults FG’s N4b order

The directive by the Federal Government to the management of the Nigerian Ports Authority, NPA, and Nigeria Maritime Administration and Safety Agency, NIMASA, to contribute N1 billion each for the dredging of the River Niger has been faulted by the leadership of the National Council of Managing Directors of Licensed Customs Agents, NCMDLCA.

ACL acquires four new vessels to tackle marine pollution

ACL acquires four new vessels to tackle marine pollution

African Circle Limited, a marine waste management firm has acquired four new vessels to tackle pollution and other marine waste in the nation’s coastal waters in line with the International Maritime Organisation’s (IMO) objectives of safer and cleaner water for shipping activities.