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Daily Archives: June 18, 2020

Customs Board In Messy Retirement Saga

Headquarters implicated in plot, barefaced cover up By Eguono Odjegba The Nigeria Customs Service, NCS, has been embroiled in a messy retirement saga, threatening to expose both present and past management to ridicule for its apparent blunder and involvement; and ...

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Buhari Set To Fire Customs Boss, Security Chiefs, Others

China reversing Nigeria’s infrastructural deficit, says Buhari

The presidency may have finally caved in to criticisms of lopsided appointments into key national positions in President Muhammadu Buhari’s government. Against this backdrop, President Buhari is said to have, therefore, approved the reshuffling of service chiefs and others. Those ...

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APFFLON Urges NAFDAC To Stop Extortion At Seaports

Freight Forwarders Deserve Health Insurance, Other Perks - APFFLON President

By Kenneth Jukpor The Africa Association of Professional Freight Forwarders and Logistics of Nigeria (APFFLON) has urged the Director General, National Agency for Food, Drug Adminstration and Council (NAFDAC), Prof. Mojisola Adeyeye to instruct representatives at ports to desist from ...

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Intra-African Trade: Cross-Border Trade Group To Partner NSC

Intra-African Trade: Cross-Border Trade Group To Partner NSC

By Kenneth Jukpor In a bid to boost intra-African trade, the African Association of Cross Border Trade has called for collaboration with the Nigerian Shippers’ Council (NSC) in the area of trade facilitation among the Economic Community of West African ...

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N1.8tn fund: We received only N58bn, say Discos

N1.8tn fund: We received only N58bn, say Discos

Electricity distribution companies on Wednesday claimed that out of the N1.8tn intervention fund so far injected into the power sector, they only accessed N58bn from the Central Bank of Nigeria’s N213bn loan facility. The Discos said the N58bn was being ...

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FAAN, 19 others submit aviation restart plans

Passengers To Arrive airport 90 Minutes Before Flights – Sirika

Six airlines pass airworthiness test, says NCAA About 20 operators in the aviation sector, including the Federal Airports Authority of Nigeria, have submitted their operational restart plans to the Nigerian Civil Aviation Authority as the country prepares to reopen its ...

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Inflation climbed higher in May, hit 12.40%

Inflation climbed higher in May, hit 12.40%

Nigeria’s rate of inflation, which is measured by the Consumer Price Index, rose to 12.40 per cent in the month of May, the highest ever recorded in the past 25 months. The National Bureau of Statistics in its Consumer Price ...

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Naira slumps to 452/$ as speculations, debt weaken market

Official exchange rate may hit N430/$ – Report

The dollar exchanged for N452 at the parallel market on Wednesday over speculations by operators in the market and the effect of the country’s rising foreign debt. The Central Bank of Nigeria resumed foreign exchange sales in April ending to ...

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Fuel consumption, smuggling gulp 54 million litres per day –NNPC

Fuel consumption, smuggling gulp 54 million litres per day –NNPC

Nigerians and neighbouring countries that benefit from smuggling consume 54 million litres of petrol, the Nigerian National Petroleum Corporation has said. The Group Managing Director of the NNPC, Mele Kyari, said this at an interactive hearing on ‘Exiting petroleum subsidy: ...

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Popular radio personality, Dan Foster, dies of COVID-19

Popular radio personality, Dan Foster, dies of COVID-19

Popular radio presenter and host, Dan Foster, is dead. It that Foster, aka Big Dawg, died on Wednesday at a medical facility in Lagos, where he was receiving treatment for COVID-19. His wife, Lovina, confirmed to Channels Television that he was tested ...

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