Business

Zenith

Ghana, Togo, Benin, others boycott Niger trade fair over insecurity

By Ummi Ismaeel,

Minna

 

Traders and business outfits from neighbouring countries and south of Nigeria have shunned the 15th Niger State domestic trade, alleging insecurity.

JCOSTO spends N4m on Apapa-Tin Can road

A group operating in the maritime sector said they had spent over N4 million to assist the government in fixing the bad seaports access roads within the Tincan and Apapa axis.

CBN lists items valid for Forex

 The Central Bank of Nigeria (CBN) has released a list with 36 categories of items that can source foreign exchange (forex) from the market.

The list, endorsed by Director, Trade and Exchange, W.D Gotring, was sent to all authorised dealers, Nigeria Customs and the public.

Africa's richest man idles factory as Grubs devour tomatoes

Farmers avoiding crop after pests ravaged last year’s produce

.Factory expected to resume in July when tomato supply improves

 

By Bloomberg

 

Thousands of farmers in northern Nigeria contracted to grow tomatoes for a set 

Sub-standard tyres: Absence of interpreter stalls trial of two Chinese

The trial of two Chinese suspects, Tao Shen and Jing Yau, who were 

charged with the importation of sub-standard tyres was stalled

 on Monday due to absence of interpreter for them.

Consequently, the trial judge,  Justice  Mojisola Olatoregun of the Federal

Buses to undergo scanning at Seme border

Passenger luxury buses coming to Nigeria from other West African countries

through Seme Border will now go through scanning machine like containers and other trucks.

 This measure is being put in place by the new Customs Area Controller

Nigeria president sick, ETF hits new low

Nigeria's president is in ill health. While the country is in the hands of the vice president, markets don't like the uncertainty.

Plunging oil prices show OPEC has lost its grip on th

OPEC is widely expected to extend production cuts that initially boosted oil futures above $50, but prices just keep falling.

NIMASA assures on safety, security in Maritime

The Nigerian Maritime Administration and Safety Agency (NIMASA) has reiterated its commitment to ensuring safety and security on Nigerian waters.

 This in line with its mandate to ensure safety and security in the Nigerian territorial waters.

Oil prices slip ahead of U.S. stock data after surprise API build

 

Oil prices edged lower on Wednesday ahead of data that will shed light on U.S. crude inventories after an industry report indicated a surprise build in fuel stocks, underscoring the persistence of global oversupply.

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