31 mins ago
Freight agents have called on the Federal Government to demand compensation from Webb Fontaine, IT Service providers for the Nigeria Customs Service (NCS), over poor services leading to loss of revenue for importers, agents, freight forwarders and the government. This is coming on the heels of the National Assembly’s directives to the Federal Ministry of…
31 mins ago
The Chairman and Chief Executive Officer (CEO) of Chemstar Group, manufacturer of Finecoat, Shield Paints and other allied paints products, Dr Remi Awode, has appealed to the Central Bank of Nigeria (CBN) to make adequate FOREX readily available for manufacturers. This was as he expressed worry that most manufacturers in the country have been sourcing…
32 mins ago
The Organised Private Sector of Nigeria (OPSN) has called on the Federal Government to put in place guidelines that would tackle the menace of disinformation on businesses. It said the need became necessary, as the impact of the threat has caused financial and reputational damages on businesses of their member-companies. Speaking on behalf of three…
32 mins ago
…As Nigeria’s trade volume with China hits $26billion In a bid to increase foreign exchange earnings through agricultural export, the operator of the Nigeria Export Trade House in China, Zeenab foods is set to export 20 containers of ginger and sesame seeds to China valued at $1.5million. The exportation being carried out in partnership with…
32 mins ago
strong>•Stakeholders fault pressure on import duty, charges The Nigerian Customs Service (NSC), Murtala Muhammed International Airport (MMIA) Command, Lagos, has raked in N20.9 billion revenue in 2022, despite perennial difficulties for exports and bureaucratic bottleneck at the airport. The earnings, about nine per cent increase on 2021 figures, mainly accrued from importation that currently accounts…
