Business news
Fidelia Okafor. In a bid to put an end to airlines indebtedness to aviation agencies arising from the 5 per cent Ticket Sales Charge/Cargo Sales Charge (TSC/CSC), the Federal Government has given January 1, 2017 as the deadline for airlines operating in the country to automate their remittance / payment systems. FG’s decision was made […]
Fidelia Okafor. A directive has been issued by the federal government to ban the importation of vehicles through the land borders. This ban covers both new and used vehicles and is to take effect from January 1st, 2017. The ban follows the presidential directive limiting all vehicle imports to Nigeria sea ports only. This prohibition […]
Fidelia Okafor. The Nigerian president, Muhammadu Buhari and the Senate have both been urged to stop arming members of the Federal Road Safety Corps (FRSC) with guns and ammunitions. The group, Wailing Wailers who aim at the advocacy, promotion and sustenance of Democracy in Nigeria in a statement released by its Ag. National Publicity Secretary, […]
Winifred Bosa. The Nigerian Customs Service, Tin Can Island generated 25.7 billion naira in November, 2016. This was revealed by the Customs Area Controller, Bashar Yusuf at a stakeholders meeting recently. The controller made emphasis to seek out all avenues for maximum revenue collection especially in the current period of economic crisis which has added […]
Amaka Obiefuna. The Nigerian Stock Exchange showed a marginal increase by 0.01 percent on Monday due to cautious trading by investors. Comparably, the market capitalization which opened at N8.855 trillion rose by a billion to close at N8.856 trillion. The price movement chart showed that Total had the highest gain with N25.35 to close at […]