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FOREX Intervention by the Central Bank of Nigeria

              Airlines, fuel importers, manufacturers and agriculture businesses can now buy dollars at a special market intervention, as announced by The Apex bank on Wednesday. In a notice to lenders, CBN stated that the intervention will help to clear a backlog of foreign exchange obligations now due through a combination of spot

Kenya Railways to launch online payment system

          Barely  few weeks Standard Gauge Rail Service was commissioned in Kenya,  The railways service has planned to unveil a new online ticket payment platform by Monday Next week.  This is to ensure convenience while travelling for all customers and also a relief to many passengers who had complained about the lack of

Seaports Agencies Streamlined to Seven

            .....……… logistics made a lot easier As directed by the Federal Government of Nigeria,  Agencies operating at the seaports has been streamlined to seven, Listing the Nigerian Port Authority (NPA) as the Landlord , the other approved agencies that were mandated to operate in the ports are: Nigerian Customs Service (NCS) Nigerian Maritime Administration and

Reconsider Your Guidelines on Palletized Cargo – LCCI to FG

            The Lagos Chamber of Commerce and Industry (LCCI) has chided the Federal Government over its revised import guidelines on containerized cargo stating that the initiative may be counter-productive to its ease of doing business agenda. Pallets are plane/flat structures utilised in cargo container ships for supporting goods or containers. Cargo

Petrol Pump Price remains N145 – PPPRA

          In reiteration of The Senate President’s explanation on fuel pump price, the Petroleum Products Pricing Regulatory Agency on Tuesday stated that there was no approval of N5 increase in the pump price of Premium Motor Spirit, street-named petrol. The PPPRA is the authorised agency of the Federal Government that fixes and

Emirates airline unveils environment-friendly aircraft cleaning technique

            At the recent World Environmental Day Event 2017 Emirate Airlines uncovers an environment friendly aircraft cleaning technique. The technique known as ‘aircraft dry is enabled to save millions of water every year. In their statement, little or no water is involved in cleaning the aircraft, which is in contrast to conventional

Global Implications of the Qatari Rift

  Any kind of instability in the Middle East tends to send up oil prices, and the longer prices stay high, the more likely it is that it will cost more to fill up your tank. So far, oil and gas markets have been taking the crisis in their stride. Qatar is

Etihad, Emirates,stop flights to Qatar over terror concerns

              Qatari nationals are now officially on notice to leave neighboring countries within two weeks after an unprecedented diplomatic freeze of the nation by key allies and neighbors. Saudi Arabia, the United Arab Emirates, Egypt, Bahrain, Yemen and the Maldives announced that from Tuesday 6th June, 2017all ties with Qatar --- a

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