News & Insights

  THE Nigerian Shippers Council, NSC, has ordered operators of bonded terminals and other terminal operators to stop collecting cargo transfer charges. Transfer charges are imposed on cargoes moved from the terminals at the port to bonded terminals as a means of creating space at the sea ports to avoid […]

THE Organised Private Sector, OPS, has come down hard on the recent policy by the Central Bank of Nigeria, CBN, stopping third party opening of ‘Form M’ for import purposes, noting that it will cripple Small and Medium Enterprises, SMEs. The OPS expressed its concern on the issue in Lagos […]

      *Emefiele hails court order, says it will boost reserves     Nigeria yesterday recorded another victory in its ongoing legal tussle with the Process & Industrial Development (P&ID) Limited as a London Commercial Court ordered the release of the $200 million guarantee for the stay of execution […]

Vice President Yemi Osinbajo has called for an overhaul of the international tax system to tackle the scourge of illicit financial flow, IFF, and related vices negatively impacting progress in developing countries, especially in Africa. He made the call at the virtual press launch of a publication by the United […]

  Britain’s trade will shift away from the European Union over time and towards parts of the world which are experiencing faster growth, trade minister Liz Truss said on Monday. “Of course the EU trade deal is important but we have to remember over time other parts of the world […]

      By Deji Elumoye President of the Senate, Dr. Ahmad Lawan, and Speaker of the House of Representatives, Hon. Femi Gbajabiamila, have pledged to break the jinx militating against the speedy passage of the Petroleum Industry Bill (PIB), by ensuring the passage of the reform legislation by the […]

      MARKET NEWS Goddy Egene The Investment and Securities Tribunal(IST) has given judgment in assets of over N868 billion from 2003 to 2017, the new chairman of the tribunal, Mr. Amos Azi, has said.   Azi disclosed this shortly after he was sworn in as chairman and Nosa […]

  The African Continental Free Trade Area is one major solution for the expansion of non-oil exports from Nigeria to foreign lands, the Federal Government stated on Sunday. Special Assistant to the President on Public Matters, who doubles as Secretary of the National Action Committee on AfCFTA, Francis Anatogu, described […]

      Goddy Egene The Nigerian equities market gained a record N350 billion last week as investors swooped on stocks in search of higher returns following a cut in the Monetary Policy Rate (MPR) by the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN). In a […]

        Goddy Egene The Nigerian stock market sustained its positive trend leading to a growth of 0.79 per cent in the Nigerian Stock Exchange (NSE) All-Share Index (ASI) to close at 25,987.14, while market capitalisation added N106.7 billion to be at N13.6 trillion. The market was highly […]