customs-seizes-rice

Customs Officers Shot Rice-Smuggling Man In Lagos

…Not True Service Spokes Man Folake Sokoya    Some officials of the Federal Operation Unit, FOU, of Nigerian Customs Service on Wednesday allegedly shot a man to death in the Oko-Oba area of Lagos State. The officials had reportedly chased a yellow commercial bus, popularly called Danfo, to the spot and opened fire on it. […]

Nigeria-Customs-Service

Customs Rakes N98b In Lagos

The Nigeria Customs Service ( NCS ), Port Terminal Multi-service Limited ( PTML ) Command, Apapa, Lagos said it generated N98. 8 billion in 2017. The amount  was 57.4 percent above the N62.8 billion revenue  generated in 2016. Its Area Comptroller, Mrs. Adeyanju Aremu said that the excellent performance was attributed to the  ban on […]

Driver Wants Divorce Over Wife’s Threats To Severe Manhood

A commercial driver, Laisi Ajibade, on Wednesday asked an Ado-Ekiti Customary Court to dissolve his 22-year-old marriage over threats by his wife, Folake, to cut off his manhood. Ajibade, 48, also accused Folake of dishonesty and desertion. According to him, Folake almost cut off his manhood when they went to bed on Nov. 7, 2017. […]

Lagos Police Parade 2 Kidnappers

Two suspected kidnappers and five others alleged of conspiracy and stealing of NITEL cables in Lagos were Tuesday paraded by Commissioner of Police Lagos Command, Edgal Imohimi. The suspected kidnappers, Identified as Igwe Sunday aged 28 years and Chukwu- Emeka Bright Onne 23 years, according to the police commissioner were arrested over alleged kidnapping of […]

Nigeria Not Out Of Recession – Ex-CBN Deputy Gov, Moghalu

Former deputy governor of the Central Bank (CBN), in charge of Finance System Stability, Professor Kingsley Moghalu, has said contrary to claims by the Federal Government, Nigeria is not out of recession yet. Instead, Moghalu said the country’s economy is going through “economic contraction” which, according to him, will take Nigeria more years to overcome. After […]

NNPC

NNPC To Partner Women Body In Promoting Study Of Engineering Among Female Children

The Nigerian National Petroleum Corporation (NNPC) says it is ready to collaborate with the Association of Professional Women Engineers of Nigeria (APWEN) to encourage female children to study Engineering. Group Managing Director of NNPC, Dr. Maikanti Baru, stated this Tuesday when the leadership of APWEN paid him a courtesy visit at the NNPC Towers, Abuja. […]

NNPC

NNPC, NIMASA, Maritime Stakeholders Weigh Crude Oil Export Regime Options

A high-powered meeting of stakeholders in the maritime industry has been convened to generate ideas on how best to export Nigerian crude oil to attract maximum benefits for Nigeria. The meeting with theme: “Free On-Board (FOB) and Cost, Insurance and Freight (CIF) Incoterms Framework for Export of Nigerian Crude Oil and Gas” was organized by […]

Alheri Denies Owing FG N27.2bn Over FIbre Optic Agreement

Management of Alheri Engineering Company Limited has vehemently denied owing Federal Government the sum of $75,500,000.00 million (about N27.18billion at N360 to $1) over fibre optic agreement.   In a statement released by the company on Monday, the company described the accusation as wrong and fallacious and assured its customers that the story is “…not only […]

Market-1

Inflation Rate Drops To 15.37% In December – NBS

The National Bureau of Statistics on Tuesday released the Consumer Price Index which measures inflation with the rate dropping from 15.9 per cent in November to 15.37 per cent in December. The drop of 0.53 percent points recorded in December makes it the eleventh consecutive slowdown in the inflation rate. The report said the Urban […]