Category: Business

Customs removes ban on importation of rice, import duty Dokunola

Wale Adeniyi, the spokesperson of the Nigeria Customs Service has revealed that the Comptroller-General of the body, Colonel Hameed Ali (rtd), has removed the ban on...

Patience Jonathan denies fresh $25m discovered by EFCC

Former first lady Patience Jonathan has denied being the owner of additional $25m traced to her accounts by the Economic and Financial Crimes Commission (EFCC). Vanguard...

Rising food prices: Sales drop, buyers lament

Rising food prices: Sales drop, buyers lament Esther Odili Yesterday 72386 Share on Facebook Share on Twitter Send email – As recession bites harder, the prices of...

Shell appoints new VP for Nigeria, Gabon

SHELL has appointed a new Vice President for Nigeria and Gabon. He is Peter Costello and succeeds Markus Droll who assumes a new role of Executive Vice President,...

Naira strengthens to N473/$1 at parallel market

Naira strengthens to N473/$1 at parallel market Nomso Obiajuru Yesterday 56501 Share on Facebook Share on Twitter Send email The Naira on Thursday, October 6,...

Kemi Adeosun says Buhari focused on power sector

Kemi Adeosun says Buhari focused on power sector Omotayo Yusuf 2 hours ago 20530 Share on Facebook Share on Twitter Send email – Kemi Adeosun has accused the west of...

Saudi investments in Nigeria too low – Tambuwal laments

Governor Aminu Waziri Tambuwal of Sokoto has decried the low level of investments of Saudi Arabian businessmen in the state and Nigeria in general. Tambuwal said this...

Fuel import: FG saves N173bn in five months

The Federal Government says it has been saving a total of $4m (N1.22bn) daily in fuel import bill since May 12, this year when it stopped paying subsidy claims to...

FG calls for lifting of suspension on Nigeria’s cocoa exports to US market

The federal government at the weekend officially made a case for the lifting of the suspension placed on Nigeria’s export of cocoa to the United States’ market. The...

GALAXY NOTE 7: Samsung complies with CPC’s ultimatum

The Consumer Protection Council, CPC, has said Samsung Electronics West Africa Limited complied with the ultimatum given it on the recall of Galaxy Note 7 in Nigeria....