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Oyetola Charges Members States On Conventions’ Ratification, Implementation

Adegboyega Oyetola, Minister of Marine and Blue Economy The Minister of Marine and Blue Economy, Adegboyega Oyetola, CON, has charged member states on the need to achieve full ratification and domestication of all relevant instruments. Oyetola who also doubles as the Vice …

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Govt Assures Airlines Of Funds Repatriation

FG To Review Bilateral Air Service Agreements

Festus Kayamu The Federal Government has said it is currently working on the final details related to the United Arab Emirates visa issue. This followed the recent lifting visa ban on Nigerians by the UAE. The Minister of Aviation and …

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Electricity Consumers Slam FG Over Power Grid Collapses

FG to install N3bn power substation in Kwara

The Federal Government has said that the nationwide blackout witnessed on Thursday is due to a fire incident and an explosion on the Kainji/Jebba 330kV line 2. Power consumers, however, kicked against the un-ending excuses of the government as regards …

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Nigeria’s Debt Jumps By 75% In Three Months, Hits N87tn

Nigeria’s debt risky, unsustainable –Report

Ms Patience Oniha, Director-General, Debt Management Office, Nigeria •How CBN loans to FG, new debts, promissory notes raise public debt by N37tn between April and June •Tinubu’s reforms will improve debt sustainability, DMO assures Nigerians as latest figure overshoots agency …

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Naira Weakens To N950/dollar As Forex Scarcity Worsens

Naira weakens at parallel market, gains at investors’ window

The naira fell further to the dollar on Wednesday after closing at 950/$ at the parallel market. Bureau de Change operators who spoke to media, said the naira which had earlier closed at 930/$ at the close of operations on …

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7.5% VAT On Diesel May Disrupt Fuel Supply – NARTO

The Nigerian Association of Road Transport Owners, on Tuesday, called on the Federal Government to stop the 7.5 per cent Value Added Tax on Automotive Gas Oil, popularly known as diesel. NARTO said the halt of VAT on diesel had …

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Nigerian Singer, MohBad, Dies At 27

Nigerian artiste, Ilerioluwa Oladimeji Aloba, aka MohBad, is dead. The former Marlian record signee reportedly died on Tuesday at the age of 27. Music executive Ovie shared the sad news on his X page #Ovieo on Tuesday evening. “Confirmed. MohBad …

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Nigerians To Start Clearing Goods From Cotonou Ports – Customs

Customs seek synergy in blocking revenue leakages

The acting Comptroller-General of the Nigeria Customs Service, Adewale Adeniyi, on Tuesday, announced that Nigerian importers would soon be able to clear their goods from the ports in Cotonou, Benin Republic. He disclosed this in Abuja at the end of …

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Agents Kick Over Sustained Vehicle Import ax

High duty: Vehicle imports crash by 128%

Licensed customs agents are strongly opposed to the government’s failure to suspend the 15 per cent import adjustment tax imposed on imported used vehicles. They were worried that despite the government’s announcement of the suspension of the import adjustment tax …

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Operators Excited As UAE Lifts Visa Ban On Nigerians

President Bola Tinubu and President of the United Arab Emirates, Mohamed bin Zayed Al Nahyan The United Arab Emirates, on Monday, lifted its months-long visa ban on Nigerians. Consequently, Etihad and Emirates Airlines will resume flight operations in Nigeria immediately. …

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Presidential Panel Plans 83% Cut In Taxes, Levies

President Bola Tinubu The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr Taiwo Oyedele, has said Nigeria has over 60 different forms of taxes and levies. Many of the taxes, he added, made life unbearable for …

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PENGASSAN Reacts As Dangote Refinery Misses Production Deadline

The 650,000 barrels per day Dangote Refinery is yet to begin production after the August commencement date, earlier announced by the President, Dangote Group, Aliko Dangote. While delivering his speech at the official commissioning of the refinery by former President …

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FG Delists 37 Illegal Loan Apps

The number of delisted loan apps rose from nine to 37, according to the Federal Competition and Consumer Protection Commission’s new report. The number of fully approved loan apps also grew to 164 from 154 as of its last updates …

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BEARS: How CBN Fooled Agents

New CBN DGs, MPC Members Assume Office

The Central Bank of Nigeria(CBN) recently assembled freight forwarders for an acclaimed new policy awareness workshop and settled them to keep silent while an unfriendly and killer trade policy is introduced. Shame! Today, they are all silent. What indeed is …

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How Data-Driven Compliance To SOP Can Foster Effective, Efficient Maritime Sector

By Babajide Okeowo With annual losses recorded in the maritime sector running into an estimated $7bn, and other myriads of challenges facing the sector, data-driven compliance to Standard Operating Procedure (SOP) has been identified as the solution to these challenges. …

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How Oyetola Stormed  Ministry With Ten Former Commissioners, Alkali Seeks New Office

Director General, Nigerian Maritime Administration and Safety Agency, NIMASA, Dr Bashir Jamoh OFR in a handshake with the Honourable Minister of Marine and Blue Economy, Adegboyega Oyetola (right) during a reception in honour of the Honourable Minister by his community …

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BULLS: Echoes As Ubon Essien Exits NIMASA

NIMASA’s Appointments Made On Merit, Professionalism

Mr. Ubon Essien ended his Journey  to the Nigerian Maritime Administration and Safety(NIMASA) as the Special Adviser on Communications and Strategy to the Director –General, Dr. Bashir Jamoh last month, August, 2023.  It was a journey that allegedly  delayed the luck and favour …

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Post -Election ANLCA: How To Guarantee Sustainable  Peace  

Mr. Emenike Nwokeoji, President, ANLCA The emergence of Mr. Emenike Nwokeoji as the new National President of the Association of Nigerian Licensed Customs Agents(ANLCA) last week, seemingly ended the over six years long crisis  in the association, that is, if the …

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Happy Birthday: The Mu’azu  Jaji Sambo  I Know

By Sam Idiagbonya Muazu Sambo I’m not one given to sycophancy or vain praise, but in the last few months, working for and walking with the highly revered Mu’azu Jaji Sambo has expanded my worldview on certain life issues and …

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How Nigeria Can Earn Foreign Exchange Through NSDP – Comrade Bob Yousou

Comrade Bob Yousou Comrade Bob Yousou is the National President of the Nigerian Merchant Navy Officers and Water Transport Senior Staff Association (NMNOWTSSA). In this exclusive interview with BABAJIDE OKEOWO, he proffered suggestions on how Nigeria can maximize the potential of …

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