Customs Strike Force Impounds N767m Worth Of Goods In 3wks         The Comptroller General of Customs, Strike Force has intercepted contrabands and raised Debit Notes (DN) on under-declared cargoes worth N767million in three weeks. Recall that importation and smuggling through the Lagos seaports and land borders, increase...

Deep Blue Project: Minister Threaten To Withhold Contractor’s Fee         The Minister of Transportation, Mr. Rotimi Amaechi, has threatened to withhold the balance of the contract fees of the Deep Blue Project if all the terms of the project were not met. Speaking during an inspection tour...

Interventions Drive Daily I&E Window Sales To $150m - Emefiele         The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said interventions introduced by the CBN have resulted in a daily trade of $150m in the Investors and Exporters window. Emefiele spoke during the 55th...

Airlines Hike Airfares By 100% As Operating Costs Rise       The cost of air tickets along several routes have doubled due to the high demand for air travel in light of the rising insecurity in the country and cost of flight operations. Checks on several airline websites...

NARTO Loses Over N2bn Cash, 100 Trucks To #EndSARS         The Nigerian Association of Road Transport Owner (NARTO) at the weekend counted the losses it incurred from the #EndSARS protests, saying the protesters burnt over 100 trucks bearing maize and cattle, totaling above N2billion. Its National President,...

IMF Seeks Unified Exchange Rate For Naira         The International Monetary Fund (IMF) has urged the Central Bank of Nigeria (CBN) to get the country a unified exchange rate for the naira. It remained stable at N378 to dollar on the CBN’s official rate. The naira was on...