Sunday, January 23, 2022
MARKET UPDATE

TheCable

Advertisement

Tag "importation"

Nigeria spends $2bn on wheat importation yearly, says CBN

    Nigeria spends $2bn on wheat importation yearly, says CBN

The Central Bank of Nigeria (CBN) says the country spends $2 billion annually on the importation of wheat. Yila Yusuf, director of CBN development finance department, disclosed this in Abuja,

0 comment Read Full Article

Three US residents indicted over ‘illegal exportation of arms to Nigeria’

    Three US residents indicted over ‘illegal exportation of arms to Nigeria’

Three residents of Maryland, USA, have been indicted over allegations of exporting arms and ammunition to Nigeria. According to a statement issued on Friday by the US department of justice,

0 comment Read Full Article

Osinbajo calls for review of port charges on imported petrol

    Osinbajo calls for review of port charges on imported petrol

Vice-President Yemi Osinbajo has called on the Nigerian Ports Authority (NPA) to review its import dues on premium motor spirit (PMS), better known as petrol. NAN reports that Osinbajo said

0 comment Read Full Article

FG bans importation of refined sugar from free trade zones

    FG bans importation of refined sugar from free trade zones

The federal government has prohibited the importation of refined sugar and its derivatives from the country’s free trade zones (FTZs). This development follows a dispute among Dangote Industries Limited, BUA

0 comment Read Full Article

Ekiti imports 250 dairy cows from US to boost milk production

  Ekiti imports 250 dairy cows from US to boost milk production

The Ekiti state government has received 250 cows from the United States as part of a joint venture programme with Promasidor

1 comment Read Full Article

CBN mulls forex ban on sugar, wheat importation

  CBN mulls forex ban on sugar, wheat importation

The Central Bank of Nigeria (CBN) says it is planning to include sugar and wheat on the list of import

0 comment Read Full Article

Reps raise customs’ revenue target by N214bn to N1.6trn

  Reps raise customs’ revenue target by N214bn to N1.6trn

The house of representatives committee on customs and excise has raised the revenue target for the Nigerian Customs Service (NCS)

0 comment Read Full Article

‘Farmers smiling to the bank’ — Ortom asks Buhari not to reverse ban on rice importation

  ‘Farmers smiling to the bank’ — Ortom asks Buhari not to reverse ban on rice importation

Samuel Ortom, governor of Benue state, has asked President Muhammadu Buhari not to reverse the ban on rice importation. Speaking

0 comment Read Full Article

Nigerians import pizza from London, says Audu Ogbeh

  Nigerians import pizza from London, says Audu Ogbeh

Audu Ogbeh, minister of agriculture, has lamented the “very annoying” rate at which Nigerians import goods from abroad. Speaking when

0 comment Read Full Article

Reps invite NIA over ‘importation’ of Chinese drugs containing human parts

  Reps invite NIA over ‘importation’ of Chinese drugs containing human parts

The house of representatives has resolved to probe the alleged importation of Chinese drugs containing human parts into the country.

0 comment Read Full Article