“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,…
Picture R-L: Minister of State for Industry, Senator John Owan Enoh, the Executive Secretary of the National Sugar Development Council (NSDC), Kamar Bakrin, and NSDC’s Head of Strategy and Performance Management (SPM), Edirin Akemu (L), during the public hearing on the amendment of the Council’s Establishment Act organised by the House of Representatives Committee on…
” Tah will assume office on 1 September 2025, for a five-year term, following the end of the second mandate of current President, Dr. Akinwumi Adesina.” Sidi Ould Tah of Mauritania was today elected President of the African Development Bank Group at the Bank’s Annual Meetings held in Abidjan, Côte d’Ivoire. Tah was elected by…
Photo from left: MD Coleman Wires and Cables industries limited, Mr. George Onafowokan; DG MAN, Mr. Segun Ajayi-Kadir; and Mr. Adetunji Aderinto, Founder Zetamind Consulting Limited, during at BusinessDay Manufacturing Conference in Lagos, on Thursday. “It will be commendable to see President Bola Tinubu driving a vehicle made and assembled in Nigeria.” Segun Ajayi-Kadir, Director…
A Lagos-based public affairs analyst, Omonaye Okoro, has faulted the Corporate Accountability and Public Participation Africa (CAPPA ) calls for increased taxation on Sugar-Sweetened Beverages (SSBs). In his opinion piece titled “Nigeria’s Sugar “Crisis” Is a Myth – And Our Economy May Pay the Price for Believing It,” Okoro noted that the CAPPA’s recent report,…
“He said that compromised bank employees have played a crucial role in granting unauthorized access to hackers operating from countries including the United States and Eastern Europe.“ The Chairman of the Economic and Financial Crimes Commission (EFCC), Barrister Olanipekun Olukoyede, has raised concerns over a wave of sophisticated cyber attacks targeting Nigerian banks, revealing that…
Nigeria’s per capita consumption of sugar is 7.1kg as at 2023, well below the WHO recommended 9.1kg and the global average of 21.4kg,” said Ajayi-Kadir .
There’s a chip they are using to defraud customers, either from inside the bank or it’s planted with the POS machine.
Photo (from left): Chief Executive Officer, TIME, Jessica Sibley, President/CE, Dangote Industries Limited (DIL), Aliko Dangote, Group Executive Director, Commercial Operations (DIL), Fatima Aliko Dangote and Managing Director/CEO, Aliko Dangote Foundation, Zouera Youssoufou, attending TIME100 Impact Dinner, at One World Observatory in New York City. “The renowned industrialist was named among the top 100 philanthropists…
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.”
