How CBN foreign exchange policy crippled manufacturing firms in 2016

Nigeria’s manufacturing sector performed dismally in 2016 as manufacturers faced several challenges which affected them negatively.…

Senators reject closure of Abuja airport, summon Amaechi, Fashola 

The senate has expressed reservations about the decision of the federal government to close the Nnamdi…

Witness’ absence stalls Akpobolokemi’s N2.6bn fraud trial 

A Federal High Court in Lagos yesterday adjourned the trial of a former Director-General of NIMASA,…

NIMASA redeploys directors, others 

Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has approved…

Customs generated N898bn in 2016, blames CBN for shortfall 

The Nigeria Customs Service has generated N898bn as revenue in 2016, including VAT. The NCS spokesman,…

EXCLUSIVE: Out of 17,500 Customs officers, only 1,191 declared assets

The directive by the Comptroller-General of the Nigeria Customs Service, Col. Hameed Ali (rtd) to all…

My biggest regret as Nigeria’s transport minister – Porbeni

Admiral Festus B.I Porbeni (rtd) is a man who has experienced many facets of life spanning…

Tunde Bakare: Nigeria’s forex policy confusing, discriminatory 

  The Founder of The Latter Rain Assembly and convener of the Save Nigeria Group, Pastor…

Nigeria releases import prohibition list, says no hike in import duty on food, luxury goods 

The Federal Ministry of Finance has reissued Nigeria’s import prohibition list. Items banned from being imported…

Niger Delta Avengers threatens to resume attacks on oil facilities 

The Niger Delta Avengers (NDA) on Saturday announced that tough times await both local and international…

Acute kerosene scarcity hits Lagos

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) on Saturday says there is no…

How Diezani moved $153.3m from NNPC to banks

The Economic and Financial Crimes Commission has provided details of its claim that a former Minister…