The Ogun State Command of the Nigeria Police on Saturday paraded three suspects who reportedly smuggled 34, 865 live cartridges from the Republic of Togo into Nigeria through Ogun border.
Following the suspension of an industrial action by the Depot and Petroleum Products Marketers Association (DAPPMA), the Petroleum Products Pricing Regulatory Agency (PPPRA), has cleared the panic, supposedly; caused by market speculators on alleged plans by the Federal Government to increase the pump price of Premium Motor Spirit (PMS) also known as petrol.
The Director-General, Bureau of Public Enterprises (BPE), Mr Alex Okoh has disclosed that about N550 billion was realised from the sale of some of Federal Government’s 142 assets that had been privatised or commercialised.
Okoh stated this on Thursday in Abuja at a news conference on the organisation’s work plan and other initiatives for 2018, according to NAN.
An escalating international trade spat is threatening to cut into profit from the export of US whiskey to Europe, just as business is booming, according to Reuters.
U.S. President Donald Trump on June 1 imposed tariffs for aluminum imports from Mexico, Canada and the European Union. As a result, Spiegel expects his bill for recently-ordered steel fermentation tanks, worth several hundred thousand dollars, to be $50,000 to $60,000 higher.
The Central Bank of Nigeria (CBN) on Thursday, released guidelines for the bilateral currency swap agreement between Nigeria and China. The CBN gave the guidelines in a document signed by its Director, Financial Markets Department, Dr. Alvan Ikoku, and posted on its website. The regulator, in a document titled, “Regulations for Transactions with Authorised Dealers in Renminbi,” said it might conduct bi-weekly trading sessions to ensure liquidity for trade and direct investment between the two countries.