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Business and Economy

Customs suspends 4% importation charge amid public outcry

THE Nigeria Customs Service (NCS) has suspended the controversial four per cent Free-on-Board (FOB) charge on imports. The charges is...
Ehime ALEX -
Business and Economy

Gabon president woos Dangote amid business tycoon’s row with Nigerian government

THE President of Gabon, Brice Oligui Nguema, has invited the Chairman of Dangote Industries Limited, Aliko Dangote, to invest...
Ehime ALEX -
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News

Court stops implementation of new electricity tariff

A Federal High Court in Kano has issued an order restraining the Nigerian Electricity Regulatory Commission (NERC) and the...
Harrison EDEH -
Business and Economy

Naira depreciation pushes Customs duty rate by 11% in 2 days

THE latest naira depreciation has resulted in import duty spike as Nigeria Customs Service (NCS) exchange rate for import...
Harrison EDEH -
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News

Tinubu nominates Dangote, Elumelu, others in economic committee

PRESIDENT Bola Tinubu on Sunday, February 25, said his administration is planning an economic marshal plan as he inaugurated...
Harrison EDEH -
Business and Economy

MAN urges FG to incentivise manufacturers, businesses

THE Manufacturers Association of Nigeria (MAN) has urged the  Federal Government to provide incentives for the manufacturing sector to...
Harrison EDEH -
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