By Our Correspondent The Nigeria Customs Service (NCS), Apapa Port Command, has intercepted 12 containers laden with Tramadol, expired drugs and 27,540 pieces of machetes with a Duty Paid Value of N1.8 billion. TheNewsZenith reports that the Comptroller-General of Customs (CGC), Bashir Adeniyi, announced the seizures while unveiling the contraband in Lagos on Thursday. Adeniyi […]
By Abdulfatah Babatunde Dwindling quality and genuine parts gradually push once-striving artisanal trade watch repair into extinction in Nigerian space. Watchmaking and repairing is globally known as horology. Horologic or watch repairing in Nigeria is a specialised trade that plays a significant role in maintaining and preserving timepieces, blending traditional craftsmanship with modern techniques. As […]
From Our Correspondent The Federal Capital Internal Revenue Service (FCT-IRS) says it generated N126.54 billion in revenue in the first half of 2024. Mr Haruna Abdullahi, the acting Executive Chairman, announced the figures at the FCT-IRS mid-year news conference, on Wednesday, in Abuja. TheNewsZenith reports that Mrs Chinwe Anohu-Ndu, Director of Tax, represented Abdullahi at […]
Kenyan President William Ruto, on Wednesday, announced the listing of the country’s first Islamic bond, the Linzi Sukuk at the Nairobi Securities Exchange (NSE)’s Unquoted Securities Platform (USP). This makes the product the first Shariah-compliant product on the country’s platform. The bond is a three-billion-shilling ($23 million) Islamic secured residential-based security. It is with a […]
From Our Correspondent A Chinese company, Sinoma is contemplating coming and citing its renewable energy technology manufacturing industry in Nigeria’s Evergreen City, the green industrial zone. TheNewszenith reports that Chief Ajuri Ngelale, Special Presidential Envoy on Climate Action, announced this after a dinner, hosted in his honour in Beijing. By this, Ngelale said Nigeria’s effort […]
From Abdulwahab Muhammad, Bauchi The North-East Development Commission (NEDC) has handed over the new Soro International Cattle Market in Ganjuwa Local Government Area to the Bauchi State Government. TheNewsZenith reports that NEDC’s Executive Director of Operations, Abdulsalam Yahaya Ahmed, performed the official handover of the market. Ahmed remarked that the market was part of the […]
By Our Correspondent The Nigeria LNG Limited (NLNG) says it remains a responsible corporate citizen, consistently operating in compliance with Nigerian laws. Andy Odeh, NLNG’s General Manager, External Relations and Sustainable Development, gave this assurance in a statement emailed to TheNewsZenith on Thursday. Odeh assures that the company will continue to operate in line with […]
From Our Correspondent Two public sector reform experts, Dr Paul Alaje and Prof. Remi Aiyede have cautioned President Bola Tinubu to urgently reverse economic policies that are making life harder for Nigerians. The experts observed that the Federal Government already took the left foot forward when it hurriedly pronounced removal of petroleum subsidy. They said […]
The National Bank of Ethiopia (NBE) has announced the adoption of an interest-rate-based monetary policy regime in line with international best practices to ensure price stability and foster economic growth. The new regime comes as the central bank takes a major step to switch away from the previous credit ceiling policy. This is to ensure […]
By Abdulfatah Babatunde The Tinubu Media Volunteers (TMV) has praised the African Petroleum Producers’ Organisation (APPO) for citing its Africa Energy Bank headquarters in Nigeria. In a statement emailed to TheNeewsZenith, on Wednesday, TMV noted that locating the head office of the $5 billion Africa Energy Bank in Nigeria “shows that Nigeria remains a viable investment […]