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FOU foils smuggling activities, recovers N1.6bn DPV

Nigeria Customs Service (NCS), Federation Operations Unit (FOU)) anti-smuggling operation have intercepted various contraband with Duty Paid Value (DPU) worth of One Billion, Six Hundred and Eleven Million, One Hundred and Seventy Seven Thousand Naira, Six Hundred and Sixty One Naira, Fifty Kobo (N1,618,177,661.50) from January 1- 31, 2018. The seizures were made between January […]

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Navigational signs crucial to boat operation, ATBOWATN tells govt

Navigational signs and lights along the nation’s waterways is crucial to boat operators, the Association of Tourists Boats Operators and Water Transportation of Nigeria (ATBOWATN), has said. According to the association, this would guarantee safe navigation on waterways in order to reduce the rate of accidents on waters. According to the National President of ATBOWATN, […]

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Anchor insurance appoints Nsimah acting MD

The board of Anchor Insurance Company Limited has appointed Mr. Nsimah Jeremiah as the Acting Managing Director/ Chief Executive Officer of the company. The appointment took effect from December 15, 2017. The company, in a statement to this effect signed by the Head, Brands and Corporate Communications Mr. Jamiu Osoba, said the company’s board, during […]

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Government agencies, insurers to recover N45bn from counterfeit operators

The federal government has revealed plans to work with the insurance industry to recover about N45 billion lost to fake insurance operators nationwide. Particularly emphasis is on Third Party Motor Insurance Policy that has been a major challenge to the industry where 90 per cent of insurance papers registered at licensing offices across Nigeria are […]

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Customs, NIMASA, 6 others permitted to operate in ports

Abuja The Nigerian Ports Authority (NPA) said that only eight federal government agencies are allowed to operate and have physical representation at all port locations in the country. In a signed statement by the General Manager, Corporate and Strategic Communications of NPA, Alhaji Abdullahi Goje, the corporation said the disclosure followed a directive of the […]

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Nigeria’s looming debt challenge, a cause for concern?

Speaking at a media parley organised by the First City Monument Bank (FCMB) Plc in Abuja, CEO of RTC Advisory Services, Mr. Opeyemi Agbaje, in a presentation ‘The Nigerian Economy and Financial Sector in 2018,’ warned that the government’s debt led strategy is a disaster waiting to happen, BENJAMIN UMUTEME reports. Nigeria existed recession in […]

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AMCON takes over Daily Times

The Asset Management Corporation of Nigeria (AMCON) yesterday took over the assets of Daily Times Nigeria Plc, a foremost media establishment over huge outstanding loan. The corporation in a statement signed by its Head, Corporate Communications, Mr Jude Nwauzor, said that the take-over was in continuation of AMCON’s recovery activities in the new financial year. […]

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Apapa customs ambushes banned drugs, rakes N31bn

Lagos Nigeria Customs Command (NCS), Apapa has confiscated 4×40 foot containers of banned drugs valued at N110,016,524. Blueprint gathered that one person was arrested in connection with the seized drugs but had been granted administrative. The Controller of the NCS Apapa Command, Jibrin Musa who gave the breakdown of the seizures said the drugs were […]

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50% of children engage in child labour – NBS

Abuja About 50.8 per cent of Nigerian children between the ages of five and 17, are involved in child labour, a new report has said. The National Bureau of Statistics (NBS) in its 2017 Multiple Indicator Cluster Survey (MICS), revealwd that the North-Central region had the highest number of child labour of 56.8 per cent […]

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Enugu Assembly frowns at excess bank charges

Enugu As if stung by bees, members of the Enugu State House of Assembly, Tuesday rose with one voice and condemned what they termed excess charges imposed on commercial bank customers in Nigeria. Reacting to motion of urgent public importance brought on the floor of the House by the member representing Nsukka East Constituency, Hon. […]

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ICAO highlights e-commerce expectations of modern consumers

The secretary general of the International Civil Aviation Organisation (ICAO) Dr. Fang Liu, has said that nearly 90 percent of business-to-consumer (B2C) global e-commerce transactions are delivered by air, and that commercial aircraft are the only shipping mode available which can satisfy the expectations of modern consumers for many same-day or next-day deliveries. Liu’s points […]

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RwandAir launches flights to Abuja, three other African cities

RwandAir has announced plans to launch flights from its hub in Kigali into Abuja, Nigeria; Bamako, Mali; Conakry, Guinea and Cape Town, South Africa. Besides, the airline plans to extend its services New York, United States and Guangzhou, China. The airline’s country manager, Ms. Ibiyemi Odusi said in an interview in Lagos that the new […]

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Air Peace acquires Embraer 145 aircraft, connects more Nigerian cities

Lagos Air Peace has pledged to end the travel difficulties of Nigeria’s underserviced cities as it takes delivery its second Embraer 145 aircraft. The airline got the first of six 50-seater new generation Embraer 145 aircraft it acquired on January 31 2018. The airline’s spokesman, Mr. Chris Iwarah said in a statement that “it our […]

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Dana trains 27 pilots, decorates new captains, first officers

As part of its human capital development strategy, Dana Air recently decorated two newly promoted captains and three senior first officers at a ceremony held at the Murtala Muhammed Airport Terminal 2. While Kalu Sylvester and Ibrahim Kazeem were decorated as captains, Ilesanmi Ayotunde, Afolabi Damilola and Lawal Wahab were made flight officers. Speaking at […]

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FAAN: Ridding the airports of touts

Disturbed by the bad reputation which touts give Nigerian airports, the Federal Airports Authority of Nigeria (FAAN) has begun to rid the Lagos Airport of miscreants and address some other critical safety issues, reports IME AKPAN The Murtala Muhammed International Airport (MMIA) Lagos serves as a major hub for the Nigerian air transport industry since […]

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Authorities investigate death at Driefontein mine

Sibanye-Stillwater and the Department of Mineral Resources are conducting an investigation into the death of an employee at the Driefontein mine on Monday evening in South Africa. The incident was said to have occurred while the employee was clearing a blocked ore pass according to MiningWeekly. MiningWeekly reports that, “Sibanye-Stillwater expresses its deepest condolences to […]