“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,…
The President of the Pharmaceutical Society of Nigeria (PSN), Prof Cyril Usifoh, has conveyed the gratitude of the operators in the sector, to President Bola Tinubu for haven granted zero tariffs, excise duties and VAT specified on pharmaceuticals, machineries, equipment and raw materials. In a statement, Prof said that the tariffs removal will encourage local…
The fee comes on top of the existing $185 visa application charge, bringing the total cost to $935.
▪︎File photo of Coca-Cola The U.S. Labor Department’s Bureau of Labor Statistics (BLS) says owing to investments provided by the Bipartisan Infrastructure Law, CHIPS and Science Act, and Inflation Reduction Act, over 700,000 new manufacturing jobs have been created and over $910 billion in private manufacturing investments have been announced nationwide in the industries of the future….
“Over 10,000 small-scale welders in Sri Lanka have benefitted from a UNIDO project funded by the Global Environment Facility (GEF) enlightenment campaign on the dangers of polychlorinated biphenyls (PCBs), a chemical use in the welding industry. UNIDO project manager, Carmela Centeno, Head of the Responsible Materials and Chemicals Management Unit, who disclosed this, said that …
PZ Cussons Plc and Wilmar International Limited have agreed definitive terms for Wilmar to purchase the 50 percent equity stake in PZ Wilmar Limited held by PZ Cussons Plc, for a cash consideration of $70 million.” A statement by the company , said that the transaction, which is subject to regulatory approvals, is expected to…
Dr Zacch Adedeji, who served as the immediate past President of CATA, continues to be celebrated for his leadership and commitment to advancing tax administration within the Commonwealth.”
•Emmanuel Oriakhi Until his assumption into the new role in official capacity, Emmanuel holds sway as Marketing Director, a position he has held since September 2018. Nigerian Breweries Plc has appointed Emmanuel Oriakhi as the Sales Director of the company. The appointment was conveyed through a statement issued and signed by the Managing Director, Hans…
Born on December 28, 1932, in Erin-Oke, Osun State, (Dr) Kolade led a life marked by integrity, leadership, and service across multiple spheres — from broadcasting and diplomacy to corporate governance and academia.
“Nigeria has been designated as the next host for the Arab Africa Trade Bridges (AATB) Program Board of Governors meeting, which will take place in Abuja next year. These developments clearly demonstrate Nigeria’s continued significance on the global stage and our commitment to nurturing international trade relationships. We’re looking forward to welcoming delegates to Abuja…
