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Customs Generates N4.47tr In Five Years

The Management of Nigerian Customs Service (NCS) under its current Comptroller- General (CG), Abdulahi Dikko Inde, said it generated over N4.47 trillion for the country, with commodity seizures of 40,642,646,402 from 2009 to 2014 From 2009, when the current management took over, it came up with a six-point agenda, which focused

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FBN Capital, Lenders Close $445m Accugas Loan

  FBN Capital Limited on Wednesday said it has facilitated in the closing of a $445 million syndicated medium term facility with Accugas Limited. Accugas, a wholly owned subsidiary of Seven Energy International Ltd, is the gas processing, marketing and distribution arm of the Seven Energy Group. The signed syndicated medium term facility

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Violation: NCC To Impose N10m Fine On Service Providers

Nigerian Communications Commission [NCC] would impose N10million fine on any service provider that violates the Commission’s guidelines on the promotion of adverts in the telecoms networks. Executive Vice Chairman of NCC, Eugene Juwah, disclosed this on Tuesday at the public inquiries on the draft enforcement processes/procedures, regulations and SIM replacement guidelines

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WEF To Facilitate $100b For Sustainable Development

The World Economic Forum and the Organisation for Economic Co-operation and Development (OECD), through the work of the Forum’s Redesigning Development Finance Initiative (RDFI), will July 15 formally announce three Blended Finance initiatives aimed at unlocking hundreds of billions of dollars of investment to help meet the United Nations Sustainable

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Equities Market Extends Sell-Offs, Down 0.94%

The Nigeria equities space on Tuesday sustained the bearish momentum witnessed for the past ten trading days on the back of macro-economic headwinds and Forex volatility. Equities slid further south when key market indicators, the All-Share Index and Market Capitalisation, declined by 0.94 per cent each. The All Share Index went

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