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Customs, PEBEC in joint strategy to strengthen port efficiency

By Godwin Oritse & Cynthia Alo The Nigeria Customs Service (NCS), in partnership with the Presidential Enabling Business Environment Council (PEBEC), has unveiled a results-driven reform agenda aimed at improving port operations and strengthening Nigeria’s trade competitiveness. The initiative was unveiled at the opening of a three-day operational workshop held in Apapa, Lagos on the theme […]

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Oil slumps 14% to $94.41 per barrel on US-Iran ceasefire

By Udeme Akpan The price of Nigeria’s Bonny Light crude has dropped by 14.2 per cent to $94.41 per barrel from $110 per barrel on Tuesday in the global oil market, following the announcement of a two-week ceasefire by Donald Trump. Iran also indicated it would ensure the safe passage of oil tankers through the Strait of […]

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