The Nigerian Custom Service has launched its e-auction portal as parts of reforms to bring the agency in compliance with international standard.
Price of Diesel Crashes Further, Now N155 Per Litre
The Nigerian National Petroleum Corporation (NNPC) says it has further crashed the price of Automotive Gas Oil (AGO) popularly known as Diesel from N175 to N155 per litre across most filling stations in the country.
Chinese Arrested In Lagos Over N300m Pirated Books
The Nigerian Copyright Commission says it has arrested a Chinese national suspected to be a piracy kingpin and leader of a syndicate that specialised in trans-border piracy of books.
Nigeria Forex Reserve marginally falls In June
Nigeria’s foreign exchange reserve slightly fell to $30.25 billion by June 28, down 0.36 percent. Data from the central bank on Friday showed a 14.8 percent rise from a year ago, when they stood at $26.34 billion. Nigeria’s dollar reserves have risen slightly this year thanks to the rise in global oil prices.
Nigeria Can Make $10bn From Honey – USAID
The Team Leader of USAID Bee Keeping Pollination Project, Mr David Musa, has stated that Nigeria has the potential to generate over 10 billion dollars from local and international trade in honey and other hive products.
MTN to be Listed on the Nigerian Stock Exchange in 2017
The global telecommunication company, MTN, on Friday in Abuja said it would list its shares on the Nigerian Stock Exchange later this year. MTN General Manager, Mr Nikiwe Tsaagane, made the disclosure when he paid a courtesy visit to the Minister of Science and Technology, Dr Ogbonnaya Onu, according to NAN reports.
Obasanjo Reiterates Case for Adoption of Single Currency for ECOWAS to Boost Trade
Former President Olusegun Obasanjo today, at the ongoing 24th Annual General Meeting of the African Export-Import Bank (AFREXIMBANK) in Kigali, called for the adoption of single currency for ECOWAS to boost trade.
Nigeria’s Manufacturing Sector Expands For 3rd Consecutive Month
Nigeria’s manufacturing sector has witnessed expansion for the third consecutive month, according to data released by the Central Bank of Nigeria. The News Purchasing Manager’s Index which measures the size of the nation’s manufacturing sector rose to 52.9 index points at the end of June.
Acting President Signs 4th Executive Order on Amnesty to Tax Offenders
The Acting President, Prof. Yemi Osinbajo, SAN, today signed the 4th Executive Order on Tax Amnesty to tax defaulters. The Federal Government had earlier on Thursday launched its Voluntary Asset and Income Declaration Scheme (VAIDS) to broaden the country’s tax base and offer incentives for tax evaders.
Fake Job Recruiter, Olakunle Owoyale Jailed 5 years For Defrauding Applicants of N1.48m
A 45-year-old man, Olakunle Owoyale, who has been fleecing innocent job seekers of unearned money to the tune of N1.4 million will be out of circulation for at least five years, courtesy of an Abeokuta Magistrates’ Court. Owoyale will serve five years in prison after he was convicted of N1.4 million.
FCT Landlords, Tenants Protest Outrageous Electricity Bills
The Landlords, Tenants, Residents Association (LATRA) of Aku and AMAC Estates in Lugbe, FCT on Wednesday staged a peaceful protest over high estimated electricity bills by the Abuja Electricity Distribution Company (AEDC).