The Federal Government has said it would further review its pricing template for petrol with the aim of removing several multi-layered charges and costs that affect the pump price of petrol at service stations across the country.
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In a landmark initiative, the Managing Director/Chief Executive, Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), Mr. Aliyu Abdulhameed, yesterday announced the commencement of an innovative scheme which would allow for the movement of cattle from the northern parts of the country to markets in the southern region by rail. This is expected to douse the frequent tension among […]
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Two mobile policemen were killed in the early hours of Tuesday at Hawan Kibo along Jos-Abuja road as armed robbers attacked a convoy of bullion vans belonging to the Central Bank of Nigeria. Our correspondent gathered that the bullion vans and their retinue of armed mobile policemen escorts had left Jos in the early hours of Tuesday enroute Abuja.
Continue reading »Duties on shipping business at the ports have shot up astronomically in the wake of the new flexible foreign exchange rate policy of the Central Bank of Nigeria (CBN). Already, the Federal Government has launched the implementation of the new policy, which customs and clearing agents lament has hiked duties by about 40 per cent. The Nigeria Customs Service (NCS) […]
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