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Business

Excitement as first international flight lands in Lagos

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There was palpable joy on Saturday as the first international flight landed at the Murtala Muhammed International Airport (MMIA), Lagos. Newsmen report that this was...
Business

Maersk suspends peak season surcharge on Nigerian bound cargoes

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Maersk Line has instructed its commercial department to stop applying the peak season surcharge from 1st September 2020. According to a statement signed on Monday...
Business

CBN bans banks, third parties from getting forex via Form M

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The Central Bank of Nigeria (CBN) has banned banks from opening Forms M (FOR IMPORTERS) “whose payments are routed through a buying company/agent or any...
African News

Sixty years after independence Gabon still a ‘home’ for French

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Gabon on Monday marks 60 years since it gained independence from France, and yet a glance around the capital Libreville begs the question whether it...
Business

Former CBN director urges government to intensify efforts to strengthen nation’s economy

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Dr Titus Okunrounmu, a former Director, Budgetary Department of the Central Bank of Nigeria (CBN) has called on the Federal Government to redouble efforts in...
Business

Central bank re-assigns two pre-shipment inspection agents for non-oil export

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The Central Bank of Nigeria, CBN, yesterday, re-assigned two companies as Pre-Shipment Inspection Agents (PIA) for non-oil exports in the northern and south-western parts of...
African News

AfDB Group supports Ghana’s coronavirus response plan with $69 million grant

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The Board of Directors of the African Development Fund (ADF) on Friday approved a $69 million grant to support Ghana’s efforts to tackle the COVID-19...
Business

DPR warns against circulation of substandard lubricant in Bauchi

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The Department of Petroleum Resources (DPR) in Bauchi, has cautioned retailers against the circulation of substandard Base Oil (Lubricant) products. Mr. Abdullahi Iliyasu, the Controller...
Business

Police: Gokada’s founder murder financially motivated

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Fresh facts have emerged that the gruesome killing of Gokada founder and Chief Executive Officer, Fahim Saleh, was “financially motivated”. The 33-year-old was found dismembered...