Category Archives: Business News

243 Customs Agents To Lose Clearing Licences

The Ports and Terminal Multiservices Limited (PTML) command of the Nigeria Customs Service (NCS), has planned to suspend about 243 clearing licences for infractions in duty payment to NCS. The infractions were over several containers which they had cleared between

Etisalat Tasks SMEs On Customer Service, Innovation For Survival

Etisalat Nigeria has called on small and medium enterprises (SMEs) in the country to embrace excellent customer service and innovation as essential ingredients for their survival. Chief executive officer, Etisalat Nigeria, Matthew Willsher, counselled startup businesses recently at the launch

Freeze Company Accounts Masking As Individuals – CBN To Nigeria Banks

The Central Bank of Nigeria (CBN) on Friday ordered deposit money banks (DMBs) to freeze accounts of companies “masking” as individuals to collect illicit foreign exchange flow. The apex bank in a circular signed by its acting director on trade

How Insurance Can Make The Difference During Recession

With the nation’s economy officially in recession, most Nigerians are now sacrificing their insurance budget to meet more immediate needs. ZAKA KHALIQ writes. Worldwide, insurance is seen as the last hope of the common man. This is because insurance prides

$9bn Dangote Investment Will Boost Manufacturing Sector – PAN

TheGeneral Manager Operations, PAN Nigeria, , Engr Augustine Ikebudu Okolo has disclosed that the investment of Dangote Group in petroleum refining, petrochemical and fertiliser plant in the Olokola free trade zone would boost activities in the manufacturing sector. This is

Chickens Now Forced to Skip Feeding by Poultry Farm Owners In Nigeria As Cost of Feed Rises by 100%

Chickens Now Forced to Skip Feeding by Poultry Farm Owners In Nigeria As Cost of Feed Rises by 100% The recent increase in the cost of poultry feed in Nigeria has been forcing poultry farmers to ration food for their

Made-in-Nigeria Festival holds in Lagos

The maiden edition of Made-In-Nigeria (MaIN) Festival has been scheduled to hold in Lagos from September 26 – October 1, 2016, at Eko Atlantic City, Victoria Island, Lagos. The event, is an international festival of ideas, innovations and opportunities that

ALERT | Rice Will Sell For N9,000 Before December

The agro-business scheme run by the Lagos State government in Kebbi State will put an end to the high cost of foodstuff in the Southwest, Chairman, Alimosho local government, Mr. Ganiyu Quadri, said on Tuesday.

NEXIM, Fidelity Bank Deepen Non-Oil Export

The Nigerian Export Import Bank (NEXIM Bank) and Fidelity Bank Plc are taking measures meant to enhance non-oil export and create wealth for Nigerians. Both lenders urged exporters to explore opportunities presented by the N500 billion non-oil Export Stimulation Facility

Bank Of Industry Shortlist YES Programme Successful Applicants 2016-Round 2

The names of the successful applicants to the the Bank of Industry Yes Programme Round 2 call for application has being released on the 15th of August 2016.

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