Thursday, September 28, 2023
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Stanbic IBTC Bank Highlights Trade Export, Financing Benefits At Export Capacity Building Programme

BUSINESS & ECONOMY
Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC  recently participated in an Export Capacity Building Programme for registered exporters organised by...

MAN Trains Exporters On AfCFTA Potential

Entrepreneurship
The Manufacturers Association of Nigeria (MAN) through its Export Promotion Group, has trained Nigerians exporters on how to harness potential in the African Continental...

Customs Make N118bn, Seize N1bn Worth Of Contraband In Port Harcourt

NEWS
According to the Nigeria Customs Service (NCS), Port Harcourt Area 11, Onne Command, the first half of the fiscal year 2023 produced more over...

Nigeria Spends N7.8trn To Import Food

FOOD & NUTRITION
Despite being touted as the food basket of Africa, Nigeria has spent over N7.8 trillion in the past six years on food import, ThisDay...

FG Suspends Import Adjustment Tax On Selected Vehicles

COVER
The federal government has suspended the import adjustment tax (IAT) imposed on certain vehicles. The IAT which was approved by former President Muhammadu Buhari took...

Nigeria Eyes N553bn Unremitted Shipping Taxes

BUSINESS & ECONOMY
The Federal Government (FG) has said it intends to recover more than Naira 553 billion in unpaid taxes from international oil shipping companies operating...

Ibadan Dry Port Project Will Be Completed Ahead Of Schedule – Makinde

NEWSLETTER
The governor of Oyo state, Seyi Makinde, has stated that the Ibadan dry port project may be completed sooner than projected. According to a statement...

Nigeria Targets N12bn Income From New Vehicle Tax

BUSINESS & ECONOMY
The N1,000 Proof of Ownership Certificate verification charge that drivers must pay is expected to bring in almost N12 billion for the federal government...

Building Africa’s Ability To Export To China: Standard Bank Showcases African Produce at China-Africa Economic And Trade Expo (CAETE)

BANKING & FINANCE
Standard Bank Group, the parent company of Stanbic IBTC Holdings PLC and Africa’s largest bank by assets, in collaboration with its equity partner, the...

Agents Predict 100% Clearing Cost Hike, Here’s Why

COVER
Clearing agents have expressed fear that the removal of fuel subsidies would lead to a 100 per cent increase in clearing costs. The agents, in...

Reps Give $700m Fund Disbursement To Maritime Operators

NEWSLETTER
The Nigerian Maritime Administration and Safety Agency has been given permission to continue disbursing $700 million from the Cabotage Vessel Finance Fund by the...

NMDPRA Ready To Issue Petrol Import Licenses

NEWSLETTER
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has stated that it is prepared to provide licenses to companies interested in importing gasoline. Farouk...
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