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By Godwin Oritse A retired Customs officer, Seyi Adeyemo, has raised concerns over the loss of billions in revenue allegedly caused by the Nigerian government’s trade restrictions at the Seme Border, despite the multi-billion-naira infrastructure upgrades supported by the World Bank. Adeyemo also stated that the border post remains far below its economic potential, as ongoing […]
The post Why Nigeria keeps loosing revenue at Seme Border —Seyi Adeyemo appeared first on Vanguard News.
…We didn’t promise one-day approval — NSW By Efe Onodjae Importers and clearing agents have raised concerns over mounting demurrage costs at Nigerian seaports, blaming delays linked to the National Single Window (NSW) platform for prolonged cargo clearance processes. The National President of the National Council of Managing Directors of Licensed Customs Agents, NCMDLCA, Lucky Amiwero, […]
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By Emma Ujah The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has reaffirmed the apex bank’s commitment to orthodox monetary policy, transparency and evidence-based decision-making, warning against renewed calls for interventionist programmes. Speaking at the opening of the Monetary Policy Committee workshop in Abuja, Mr Cardoso said: “The ongoing reforms are critical to restoring […]
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By Peter Egwuatu After the sustained rally recorded in the previous weeks of May 2026, profit-taking by investors last week have taken toll on the Nigerian stock market. Analysts noted that the profit-taking was mostly in major blue chip and mid-cap companies that had paid dividends to their shareholders. A review of activity on the Nigeria […]
The post Stock market slides as profit-taking hits blue chip companies appeared first on Vanguard News.
•Provision for insurance removed in new NCAA regulation — Experts By Rosemary Iwunze Indications have emerged that the Federal Government may shoulder the full financial burden arising from the recent fire incident at the international terminal of the Murtala Muhammed International Airport, following the apparent absence of insurance cover for Nigerian airports. The airport is managed by […]
The post No insurance cover for airports, exposes FG to losses, compensation claims appeared first on Vanguard News.