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Reps demand N800bn supplementary budget for fuel marketers

The House of Representatives is unhappy over the lingering scarcity of petrol in the country and has asked the Executive to submit a N800bn supplementary budget to the National Assembly to offset the debts allegedly owed fuel marketers. The House Committee on Petroleum Resources (Downstream) stated in Abuja on Sunday that

All U.S Post Offices to close Monday for holiday

The U.S. Postal Service announced all post offices will be closed Monday, February 19 in observance of President Washington’s Birthday. There will be no residential or business deliveries except for Priority Express Mail, according to a news release. The U.S. Postal Service reminds residents that stamps are available at most grocery, pharmacy and

NPA says only eight agencies allowed operations in ports nationwide

...asks NAFDAC, SON to vacate seaports in 24hrs Lagos - The Nigerian Ports Authority (NPA) on Tuesday disclosed that only eight Federal Government agencies are allowed to operate and have physical representation at all port locations in the country. The General Manager, Corporate and Strategic Communications of NPA, Alhaji Abdullahi Goje, said

Analysts answer the big question: Should FedEx and UPS fear Amazon?

Could Amazon's future business delivery service hurt FedEx Corp. and UPS Inc.? - Memphis Business Journal. Its the latest initiative aimed at taking more control over what happens after a package leaves an Amazon warehouse. Memphis Business Journal - The article outlined a new “Shipping with Amazon” service where Amazon would

Portugal sees exports and imports boom in 2017

Portuguese exports LISBON (Xinhua) - Portuguese exports and imports grew sharply in 2017, the National Statistics Institute (INE) revealed on Friday. Exports increased by 10.1 percent compared to 2016, while imports increased 12.5 percent. To put the figures in context, exports grew 0.8 percent and imports 1.5 percent in 2016 versus 2015.

Amazon’s newest delivery program may not be the threat to UPS and FedEx that some think

Shares of UPS and FedEx fell as much as 5 percent Friday morning following news of Amazon’s delivery pilot. (Mark Lennihan/AP) Jim Cramer on Amazon Delivery: FedEx Is Not a Company That's Easily Beaten Amid a report in The Wall Street Journal saying Amazon is set to start a delivery service that could

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