Business

Customs, agents disagree over National Single Window operations

Customs, agents disagree over National Single Window operations

By Godwin Oritse & Efe Onodjae There are indications of festering disagreements over the implementation of the National Single Window (NSW), a centralized digital portal launched by the Federal Government in March this year to address delays in import-export processing at the ports. It allows importers and exporters to submit trade documents once, replacing duplicate paperwork […]
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Stock market: Investors lose N13.3trn in June amid profit-taking

Stock market: Investors lose N13.3trn in June amid profit-taking

•FTSE Russell delays Nigeria’s Frontier Market status   over T+1 concerns By Peter Egwuatu The Nigerian stock market ended June on a bearish note, with investors losing a whopping N13.3 trillion in the value of their investments listed on the Nigerian Exchange Limited (NGX) on a month-on-month (MoM) basis, the highest monthly loss recorded in the first […]

Violence against women declines from 9% to 5% in six years— UN Women

Violence against women declines from 9% to 5% in six years— UN Women

By Favour Ulebor Abuja-The United Nations Entity for Gender Equality and the Empowerment of Women, UN Women, has said the prevalence of sexual violence against women in Nigeria declined from 9 per cent in 2018 to 5 per cent in 2024. UN Women Representative to Nigeria and ECOWAS, Ms. Beatrice Eyong, disclosed this during the close […]

NELFUND set to crack down on varsities’ unethical practices

NELFUND set to crack down on varsities’ unethical practices

By Joseph Erunke Abuja-The Nigerian Education Loan Fund, NELFUND, has condemned what it described as unethical practices by some tertiary institutions accused of withholding tuition refunds from students and arbitrarily increasing school charges, despite benefiting from the federal government’s scheme. The Fund, in a public notice issued by the Director, Strategic Communications, Oseyemi Oluwatuyi, yesterday, said […]

Economy: No govt can ignore employers — Shettima

Economy: No govt can ignore employers — Shettima

Assures FG committed to reducing bottlenecks in doing business By Johnbosco Agbakwuru ABUJA—THE Vice President, Senator Kashim Shettima, said yesterday the Federal Government must keep engagement with the business sector openly. According to him, any government that ignores employers cannot fully understand the economy. Consequently, he said the federal government remained committed to reducing bottlenecks and […]

Neimeth shareholders okay fresh capital to drive expansion

Neimeth shareholders okay fresh capital to drive expansion

By Peter Egwuatu Shareholders of Neimeth International Pharmaceuticals Plc have approved plans by the company’s Board of Directors to raise additional capital to accelerate its expansion programme and complete its ongoing world-class pharmaceutical manufacturing facility in Amawbia, Anambra State. At the company’s 67th Annual General Meeting (AGM), held virtually, shareholders unanimously approved all the board’s resolutions […]