Business

NGO trains over 20,000 undergraduates on plastic pollution

By Peter Egwuatu   U-Recycle Initiative Africa, a youth-led Non-Governmental Organisation, NGO, has trained over twenty thousand youths across four federal universities in Nigeria through the second edition of its flagship multi-year initiative for universities, called PlasticWize 2.0. The NGO is advancing environmental education, circular economy solutions, and climate action across Africa. Through PlasticWize 2.0, themed, “Redefining […]
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The inevitable choice between N10,000 note and redenomination

NIGERIA’s Currency   profile has, notably failed to serve the needs of our people and our economy. Arguably, lower denominations of primary kobo coins and low value notes have been largely rejected because of their extremely negligible purchasing power. Overtime, the Naira Currency has lost significant value, as the highest existing compact denomination of N20 (the popular Muri) in 1977 was equivalent to over $20.

Customs lament decline in trade compliance

The Controller,  Nigeria Customs Service, Federal Operations Unit Zone ‘C’, Comptroller Olusemire Kayode, has expressed worry over alleged falling compliance in the clearance of imported cargo into the country and urged importers and their clearing agents to embrace responsible business behaviour to support economic growth.

Customs abandon revenue target policy

The indication has emerged that the management of the Nigeria Customs Service, NCS, may have discontinued its yearly ritual of revenue target fixing, which has remained a source of controversy for years and regarded by some industry stakeholders and analysts as anachronistic, anti-economy, exploitative and fraudulent.

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