How VIN affected vehicle importation – Customs
The Nigeria Customs Service has said that the implementation of the Vehicles Identification Number for clearing imported vehicles resulted in a 40% decrease in imported vehicles in 2022 through its…
Extend old, new naira deadline, NLC urges CBN
Wilson Adekumola President of the Nigeria Labour Congress, Comrade Ayuba Wabba, on Thursday, has urged the Governor of Central Bank of Nigeria, Godwin Emefiele to extend the date…
Encourage local production, Femi Adesina urges Nigerians
Wilson Adekumola The Special Adviser on Media to the President, Femi Adesina, has urged consumers to patronise locally produced goods, especially in the agricultural sector. He stated…
IATA welcomes Somalia airspace upgrade to ‘Class A’
The International Air Transport Association has commended Somalia for upgrading of its airspace and the surrounding area to 'Class A'. This comes after air traffic control services in the African…
10 things to know about recently commissioned Bestaf lubricant plant
The President, Major General Muhammadu Buhari (ret.d), recently commissioned a 200m-litre lubricant plant on Monday during his 2-day business visit to Lagos. The project is described as the first of…
Duty hike: Used vehicle imports drops 40%
The Nigeria Customs Service's Ports & Terminal Multipurpose Limited Command, has disclosed that the introduction of Vehicle Identification Numbers for processing imported automobiles resulted in a 40% decline…
Buhari hails AfDB, others for $538m agric fund
The President, Major General Muhammadu Buhari (retd.), on Wednesday applauded the provision of $538.05m by the African Development Bank, the Islamic Development Bank, and the International Fund for Agricultural…
Ondo, Benin sea ports get steering committee
Juliet Buna The Federal Ministry of Transportation has inaugurated a Project Steering Committee for the proposed Ondo Deep Sea and Benin River Ports. The inauguration was performed…
DMO put bonds worth N360bn on auction
Bisola David Four Federal Government of Nigeria bonds valued at N360 billion have been made available by the Debt Management Office for subscription via auction at N1,000 per unit.…
FG to generate $500m from cashew export – Minister
Bisola David The minister of agriculture and rural development, Dr. Mohammed Abubakar, claims that cashew nut exports from Nigeria earned over $250 million in revenue in 2022 and are projected…
Walmart increases minimum wage to $14 per hour
By Christian George While firms globally are stylishly slashing down its workforce, Walmart has concluded plans to increase its hourly workers wage in the U.S to $14. This was…
Five facts about Imota rice mill
The Imota rice mill was on Monday, commissioned by the President, Major General Muhammadu Buhari (retd.), in Lagos State. The much anticipated project has been adjudged to be a…
