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Customs’ FOU Zone ‘A’ Impounds Contrabands Worth N1.2Bn

The Nigeria Customs Service (NCS) has reported the seizure of 13 trailer loads of foreign parboiled rice and 17 vehicles, among other notable items, worth N1,241,777,700 in October this year. The Service, in a statement published on its official X (formerly Twitter) account on Wednesday, quoted the Acting Comptroller of the Federal Operations Unit Zone […]

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Afreximbank Tasks African Leaders On Prioritization Of ETCs’ Growth

The African Export-Import Bank (Afreximbank) has called on African countries to prioritise the development of public and private export trading companies (ETCs) in order to position the continent’s small and medium enterprises (SMEs) to participate effectively in global trade. In an address to the Africa International Exhibition, which opened on the sidelines of the United […]

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Nonicoms Boss Urges Service Providers To Explore AfCTA’s Benefits

The Managing Director of Nonicoms Telecommunications Limited, Alhaji Umar Abdullahi, has charged telecom service providers in the continent to leverage the benefits of the African Continental Free Trade Agreement (AfCFTA) to grow the sector in the region. The industry top player was quoted in an interview with the News Agency of Nigeria (NAN) on Friday […]

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Yusuf Tasks FG On Downside Risks To Nigerian Economy

A leading economist and Chief Executive Officer of Centre for the Promotion of Private Entreprise (CPPE), Dr, Muda Yusuf, has charged the Federal Government to adopt appropriate policy measures to mitigate the growing challenges of business operators in the economy as a desirable step towards sustaining the modest recovery of the nation’s economy in the […]

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NEXIM Bank, Yobe seal pact on state’s economic devt

Yobe State Government and the Nigerian Export- Import Bank (NEXIM), have signed a Memorandum of Understanding (MOU) on sustainable economic development of the state. The bank’s Managing Director, Mr Abba Bello, was quoted by the Head, Strategy and Corporate Communications Mr Tayo Omidiji, as saying that the deal with the state government was part of […]