Business

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 […]

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…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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