Business

CBN Permits IOCs To Sell 50% Of Repatriated Export Proceeds 

By Aliyu Galadima  Central Bank of Nigeria ,CBN, has announced that International Oil Companies ,IOCs, can sell 50% balance of their repatriated export proceeds to...

Customs Duties FX Rate Rises By 23.9% As Naira Weakens

By Charles Ebi  Exchange rate for the Nigeria Customs duties collection has risen by 23.9% from N1,196.6 per USD to N1,482.9/$. This marks an increase...

CS, NEMSA, FAAN Rated Worse Agencies On Compliance,  Resolution

By Dickson Pat  Report from ReportGov.Ng, Nigeria’s Official Public Service Complaint website, has listed the Nigeria Customs Service ,NCS,, the Nigeria Electricity Management Service Agency...

DisCos To Lose Billions As Manufacturers Insist On Old Tariffs

By Yahaya Umar  Following the surge in electricity tariffs for Band A customers in the nation from N66/kWh to N208/kWh, the Manufacturers Association of Nigeria...

Otedola, Zenith Bank At Daggers Drawn

* Fraudulent deductions running into billions at the core * Unlawful withdrawals spanning several years By David Maxwell  As Nigerians groan continually over fraudulent deductions, unlawful withdrawals...

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