CBN to Nigerians: Handle Naira with dignity
KANO — The Central Bank of Nigeria, CBN, has urged Nigerians, particularly traders, to handle the naira with care, pride and dignity to prolong the lifespan of banknotes and reduce the cost of replacing soiled and mutilated currency. The Director, Currency Operations and Branch Management, Dr Adedeji Adetona, gave the advice on Monday during a […]
Senior Customs officer on the run over N750m fraud
A senior Customs officer serving at the Seme border Command of the Nigeria Customs Service (NCS), is on the run over his alleged involvement in a N750 million import duty fraud which took place at the Command between May 2006 and December 2008.
Customs Service reshuffles Comptrollers
The Nigeria Customs Service (NCS) has redeployed some of its Comptrollers in a bid to meet the challenges of the Service in terms trade facilitation and revenue target handed to it by the federalgovernment.
I will transform maritime sector —Omatseye
NEWLY appointed Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Mr. Temisan Omatseye, has said that his administration will transform the Nigerian maritime sector into a force to be reckoned with amongst the comity of maritime nations.
Foreign shipowners move to neighbouring states to beat Cabotage
As a means of subverting the Cabotage Act meant to protect the nation’s coastal trade, foreign shipowners bringing in petroleum products into the country have resorted to anchoring outside the country’s waters to prevent enforcement of the law.
N750 million cargo scanner idle in Calabar port
A cargo scanner installed by Global Scansysystems Ltd and valued at over 5 million dollars (N750 million) has been under_utilised at the Calabar port, the Chief Executive Officer of the firm, Mr Fred Udechukwu has said.
