“The levies they listed include road maintenance levy (0.85% Cost Insurance and Freight (CIF), statistics levy (7.28% CIF), corridor security levy (0.50% CIF), Customs bond (0.25% CIF), Customs stamp (4% Stat), tracking (75,000 per truck).” Cross-border traders have continued to groan under the high cost of moving goods through the Lagos-Abidjan corridor, which they say,…
Rubber Industry stakeholders in Nigeria are earnestly expecting the Federal Government and the South-West governors to support the promotion of rubber cultivation in order to further boost the Nigerian economy. The stakeholders under the umbrella of the National Rubber Producers Processors and Marketers Association of Nigeria (NARPPMAN) made the call during the fifth Odua International…
Speaking on the significance of the IPO, President and Chief Executive of Dangote Industries Limited, Aliko Dangote, said:“Today marks the beginning of a new chapter in the history of Dangote Refinery and, indeed, in the economic future of our nation.
The facility was designed to address one of the most pressing challenges in the energy sector—stranded gas resources, by providing infrastructure for gas gathering, compression, injection, metering and reducing gas flaring in the area.
Wema Bank is in top gear to prepare for its 80th-anniversary celebration set for Friday, May 2nd, 2025. Accordingly, the Bank has unveiled a new corporate identity reflecting its milestone celebration of 80 years. Established on May 2, 1945, the Bank originally operated as a private limited liability company under the name Agbonmagbe Bank Limited….
▪︎UGC image credit: Arise News TV SHAREHOLDERS, Customers, investors, and other stakeholders of First Bank of Nigeria (FBN) and that of General Hydrocarbons Ltd, are waiting for the outcome of a $225.8m loan disputes between the two companies. General Hydrocarbons Limited and First Bank of Nigeria Limited are currently at the Federal High Court in…
Holcim -the parent company of Lafarge Africa Plc is set to exit Nigeria cement industry ,blaming harsh economy. Reuters reported that Holcim, which owned an 84 per cent stake in Lafarge Africa (WAPCO.LG) said it has now sold its stake to China’s Huaxin Cement for $1 billion. According to Holcim, the deal, projected to be…
Today, the Naira is exchanging against the USD, Pound and the Euro , as follows: BLACK MARKET RATES US DOLLAR (USD) Buy ₦1,405 Sell ₦1,410 GREAT BRITISH POUND (GBP) Buy ₦1,880 Sell: ₦1,900 EURO (EUR) Buy ₦1,580 Sell ₦1,600 CANADIAN DOLLAR (CAD) Buy ₦1,020 Sell ₦1,080 SOUTH AFRICAN RAND (ZAR) Buy ₦75 Sell ₦90 UAE…
Our administration is aware of the public discourse surrounding alleged changes to some provisions of the recently enacted tax laws.
Elephant Foods Company is proud to offer a diverse range of products, including our core spice blends, product lines, speciality products, and custom blending services.
Our product range includes:
– UBELEPHANT Coconut flavoured blends,
– UBELEPHANT thyme leaves
– Chefking Curry POWDER, Chefking Thyme leaves,Turmeric, Ginger and GARLIC powder.
