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Category: Economy

Economy Maritime

More Nigerians divert vehicle imports to Cotonou port –as Beninoire government slashes duties on transit cargo

Iheanyi Ejiofor July 17, 2017

The government of Benin Republic has further slashed the duties payable on transit goods in a bid to attract more patronage from Nigerian importers. Apparently, the tiny West African neighbouring…

Read More More Nigerians divert vehicle imports to Cotonou port –as Beninoire government slashes duties on transit cargo
Business Economy

Nigerian inflation falls for fifth straight month- Report

Iheanyi Ejiofor July 17, 2017 headline

Nigeria inflation rate fell for the fifth straight month on Monday according to the figures released by the National Board of Statistics (NBS). The board said inflation for the month of…

Read More Nigerian inflation falls for fifth straight month- Report
Business Economy

NNPC produces 5m litres of kerosene daily, meets 60% domestic demand

Iheanyi Ejiofor July 17, 2017

Agency Report  || The Nigerian National Petroleum Corporation, NNPC, says it supplies five million litres of Dual Purpose Kerosene (DPK) consumed in the country. The NNPC disclosed this in Abuja…

Read More NNPC produces 5m litres of kerosene daily, meets 60% domestic demand
Economy Maritime

Customs warns fraudulent bidders as 115 winners emerge in 2nd batch of e-auction

Iheanyi Ejiofor July 14, 2017

The management of the Nigeria Customs Service has discovered an infraction in the on-going electronic auction system being perpetrated by fraudulent bidders to discredit the process. This revelation was made…

Read More Customs warns fraudulent bidders as 115 winners emerge in 2nd batch of e-auction
Economy Maritime

Customs agents kick against Collection of practitioners’ fees by Customs

Iheanyi Ejiofor July 14, 2017

The fragile peace currently being enjoyed at the maritime industry may soon be ruptured as a fresh gale of crisis may be triggered by the collection of the controversial Practitioners’…

Read More Customs agents kick against Collection of practitioners’ fees by Customs

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