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CBN’s New Policy may Trigger Massive Inflation – Importers

Nigerian importers have reacted angrily to a recently implemented policy of the Central Bank of Nigeria that requires foreign suppliers to register on its website and abide by its pricing rules. They warn that the upcoming policy will result in a shortage of goods in...

Importers Flooding Nigeria With Substandard Goods, SON Alerts

The Director-General of Standard Organisation of Nigeria (SON), Dr Paul Angya, has alerted the federal government of massive importation of substandard goods into the country. This, he said, has forced the SON to shutdown the Electronic Provisional Clearance Certificate (ePCC) platform after the 90 days...