Business

MD NPA Visits Lagos Governor

By Foster Obi Managing Director of the Nigerian Ports Authority (NPA), HadizaBala Usman recently paid a courtesy visit to the Governor of Lagos State, Babajide Sanwo-Olu to solicit support for the take-off of the Eto electronic truck call up app for the management of trucks at the ports in Lagos. Pix shows HadizaBala Usman (4th […]

Business

Crypto ban: It’s in the best interest of every Nigerian, says Emefiele

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the apex bank’s directive to financial institutions on cryptocurrency transactions, is in the best interest of depositors and the country’s financial system. Emefiele said this on Tuesday, while briefing a joint senate committee on banking, insurance and other financial institutions; ICT and cybercrime; and […]

Business

FAO pledges to scale up direct use of digital financial transfers

………Director-General says joining the Better Than Cash Alliance is part of stimulating more innovation and financial inclusion for smallholders   In another step towards creating a “digital FAO”, the Food and Agriculture Organization of the United Nations is committing to increasing by 50 percent its delivery of digital financial transfers and vouchers to beneficiaries. As […]

Business

 Customs begins implementation of30 per cent duty waiver on mass transit vehicles

President Muhammadu Buhari has granted a 30 per cent import duty reduction on passenger transport vehicles. The import duty reprieve covers aviation engines and spare parts and takes immediate effect. The Presidential directive was conveyed through a circular from the headquarters of the Nigeria Customs Service (NCS) in Abuja. It said the reduction followed the […]