Soaring duties, FX rates cripple Nigeria’s used-vehicle market
•As dealers lament sales slump By Glory Bassey Car dealers in Nigeria have lamented a sharp decline in vehicle sales, blaming soaring import duties, high exchange rate and rising cost of living as reasons why car ownership is increasingly becoming unaffordable for many Nigerians. A car dealer and importer, Mr Paul Uche, said the auto […]
Naira closes at N360.16/$ at investor’s window
The Naira on Monday traded at N360.16 to the dollar at the investor’s window.
Crisis looms in Rivers community over oil firms
Ubima community, home town of the Minister of Transportation, Mr Rotimi Amaechi, in Ikwerre local government area of Rivers state has advised two oil companies trying to resume operations in the area to endeavour to meet leaders of the area, saying that any backdoor arrangement could provoke untold crisis in the community.
Aiteo assembles legal team to tackle alleged politically motivated allegations
Aiteo Group, an indigenous Nigerian oil and gas company has set up a legal team to tackle various allegations suspected to be political in nature.
Goal of my administration is to empower the youths, Obaseki tells VLISCO Group
The Edo State Government has expressed readiness to partner with VLISCO Group to support skills acquisition programme for youths in the state, as part of efforts to tackle the scourge of human trafficking and slavery.
Alaghodaro Investment Summit: Conglomerates, MSMEs jostle for sponsorship deal
As preparations rev up for the maiden Edo State Alaghodaro Investment Summit, small, medium and large-scale companies are jostling for sponsorship slots of the high profile event which will host over 3000 participants.
