Online News Magazine
Online News Magazine
American billionaire and a co-founder of Microsoft, Mr. Bill Gates has said that Nigeria’s current tax collection rate is relatively low, and called for a change if the country is to achieve its development goals. Speaking at the Pan-African Youth Dialogue on Nutrition in Abuja, Bill Gates, stressed the need for improved tax collection in […]
The Manufacturers Association of Nigeria (MAN) has lamented that the recent petrol price hike may result in an increase in the prices of goods and transport fares. Segun Ajayi-Kadir, Director-Heneral (DG) of MAN, spoke in an interview with NAN on Wednesday in Lagos. He expressed concern about the potential impacts the policy could have on […]
In an attempt to intensify its effort to enhance the ease of doing business for compliant stakeholders, the Nigeria Customs Service (NCS) has commenced the implementation of Authorized Economic Operators (AEO) programme benefits for the first set of approved Importers, Exporters, SMEs, Customs Licensed Brokers and Logistics Operators; effective 2nd September 2024. This landmark initiative […]
The Nigeria Customs Service has recorded another feat in its fight against smuggling of dangerous goods that could undermine the security of the country at Area 2 Command, Onne. Announcing the seizures on Wednesday, the Comptroller General of Customs, Bashir Adewale Adeniyi MFR, lamented that recent intelligence and seizures have revealed a disturbing trend that […]
An MSC ship has lost dozens of containers overboard after encountering severe winter weather off the coast of South Africa, marking the third such incident in two months as more ships round the southern tip of Africa. The South African Maritime Safety Authority (SAMSA) reported that the MSC Antonia, a 6,900 TEU containership sailing under […]
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) said on Tuesday that the Dangote Refinery would supply 25 million litres of petrol to the Nigerian market daily starting this month. This is as the pump price of premium motor spirit has been adjusted upward to between N910 to N960 across the country. The oil […]
In their quest to come together and have a chapter of Association of Nigerian Licensed Customs Agents (ANLCA) in Lilypond, years after the terminal was disbanded as a Customs command, freight forwarders operating in the area paid a courtesy visit to the Western Zone Coordinator of the association, Chief Femi Anifowoshe on Tuesday. Speaking on […]
United Capital Trustees, a subsidiary of leading pan-African investment banking and financial services group, United Capital Group, is pleased to announce the appointment of Michael Abiodun Thomas as the new Managing Director/Chief Executive Officer. This appointment follows a rigorous approval process by the Securities and Exchange Commission (SEC). Michael Abiodun Thomas brings nearly two decades […]
Tenure of the Inspector General of Police, Kayode Egbetokun, has been extended. The extension is in line with the amended Nigeria Police Act, 2020 (Amendment) Bill, 2024, which has increased the service years of police personnel from 35 to 40 years of service, and from 60 to 65 years of age. Sources close to the […]
The Standards Organisation of Nigeria (SON) has been ranked as one of the top government’s agencies for its compliance and consistency with laid down procedures for efficient public service delivery. This information was released by the Presidential Enabling Business Environment Council (PEBEC) Secretariat in their 2024 Half Year Transparency and Efficiency Compliant Report for January […]
