| Tuesday, February 4, 2020 |
Demurrage: Price increase looms, importers besiege SON The inability of importers to upload the Standards Organisation of Nigeria’s Conformity Assessment Certificate on the Nigeria Customs Service trade portal, for the purpose of getting the Pre-Arrival Assessment Report, has entered the third week and the development is causing panic….read more.
Federal Govt to pay N272.9bn maturing bonds The Federal Government allocated 2.6 per cent of its total expenditure totalling N272.9bn to settle pending contract obligations in the 2020 budget, the Minister of Finance, Budget and National Planning, Zainab Ahmed….read more.
Currency in circulation rose to N2.44tn in 2019 Currency in circulation rose from N2.2tn at the end of November to N2.44tn at the end of 2019 financial period. Latest data obtained from the Central Bank of Nigeria revealed that the currency in circulation was N2.05tn at the end of October 2019….read more.
The National Pension Commission (PenCom), has said outstanding payment of accrued pension liabilities by the Federal Government to the retirees under the Contributory Pension Scheme (CPS), have resulted to delayed and irregular payments of retirement benefits its employees who retired from December 2018 to date….read more.
Aviation workers’ unions yesterday made good their threat to take over the collection of tolls at the access gate of Murtala Muhammed International Airport (MMIA) Lagos….read more.
Consolidated Hallmark Insurance Plc (CHI) has applied to raise about N1.057 billion from shareholders via a rights issue, as part of its recapitalisation exercise….read more.