Nigeria loses N52b yearly to iron, steel smuggling

The introduction of the Destination Inspection (DI) system of inspecting imported goods by the Nigerian Customs Service (NCS) some years ago, is costing the...

Nigerian waters remain high risk for criminality, says report

A new report by Protection Vessels International (VPI), has described Nigerian waters as being risky for vessels with high level of criminality perpetrated by...

Jumia faults Citron’s claims, hopeful of steady growth

Electronic commerce platform, Jumia Technologies, has faulted claims by Citron Research that the firm is a fraud. Jumia described the recent allegations as ‘selected,...

Market capitalisation gain N372b amid rally on highcap stocks

The Nigerian Stock Exchange (NSE), extended positive streak at the end of yesterday’s transactions occasioned by bullish sentiments in the shares of MTN Nigeria,...

NCAA issues 60 days ultimatum to unregistered agencies

The Nigerian Civil Aviation Authority (NCAA), yesterday, issued a 60-day ultimatum to all travel agents on the platform of the International Air Transport Association...

Aero Contractors rebounds, marks 60th anniversary

Aero Contractors airlines, yesterday, commemorated its 60th anniversary with signs of a rebound in operations and fortunes.The oldest surviving airlines in Nigeria reeled out...

PFA sensitises pensioners on programmed withdrawal 

Trustfund Pensions Ltd., a leading Pension Fund Administrator (PFA) in Nigeria, has organised a Pre-Retirement and Retiree Forum to sensitise pensioners on Programmed Withdrawal...

Air travel records 18m passengers, 11 per cent traffic surge

The aviation industry has recorded an upsurge in passenger traffic, with no fewer than 18 million passengers now travelling the Nigerian airspace in a...

‘Nigeria’s paint industry heavily import-dependent’

The Deputy Managing Director, Chemstar Paint Industry Nigeria Limited, Adebayo Paseda, has said the country’s paint industry is still largely dependent on importation of...

Viable commodities exchange will enhance forex earnings, says SEC

To ensure that Nigeria realised its full potential in the commodities market and boost foreign exchange (forex) earnings, the Securities and Exchange Commission (SEC),...
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