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Category: Economy

Economy Maritime

Stakeholder blames loose inspection regime for proliferation of arms imports

Iheanyi Ejiofor September 15, 2017

Funso Olojo || A maritime expert, Lucky Amiwero, has decried the destination inspection regime of cargo inspection as the cause of the proliferation of arms imports into the country. It…

Read More Stakeholder blames loose inspection regime for proliferation of arms imports
Business Economy

Nigeria inflation rate drops again to 16.01%

Iheanyi Ejiofor September 15, 2017 headline

Ebun Francis || Nigeria inflation rate dropped for the seventh consecutive time to 16.01% according to figures released by the National Bureau of Statistics (NBS) on Friday. According to the…

Read More Nigeria inflation rate drops again to 16.01%
Business Economy

Dangote bids for South African cement company

Iheanyi Ejiofor September 14, 2017

Dangote Cement, a member of Dangote group has approached South African cement producer, (PPC), for takeover bid, but talks are at preliminary stages, Media reported on Thursday. PPC is already…

Read More Dangote bids for South African cement company
Economy

NNPC inaugurates committees to revamp refineries

Iheanyi Ejiofor September 13, 2017 headline

The promise by the Buhari administration to stop the country from importing refined petroleum from outside the country received a boost on Wednesday with setting up of eight different committees charged with rehabilitating…

Read More NNPC inaugurates committees to revamp refineries
Economy

NCS intercepts N1.4 bn contrabands in 8 months

Iheanyi Ejiofor September 13, 2017

The Zone B of the Nigeria Customs Service, Kaduna, has intercepted smuggled items valued at over N1.4 billion from January to August, its Controller, Aminu Dahiru, has said. Dahiru said in…

Read More NCS intercepts N1.4 bn contrabands in 8 months

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