nigerian customs service to allow quick export of 100% local materials

Nigerian Customs Service To Allow Quick Export of 100% Local Materials

The Free Trade Zones (FTZs) Committee on Nigerian Customs Service (NCS) Operational Remodeling has recommended that the service allows the quick export of finished and processed commodities containing 100% local raw materials.  This means that products made in Nigeria using only materials from Nigeria can be exported easily. The NCS has promised to adopt this […]

aradel plc achieves 270% growth after rebranding in h1 2023 financials

Aradel Plc Achieves 270% Growth After Rebranding In H1 2023 Financials

Aradel Plc, a company that recently rebranded, has shown significant growth and success in its operations. In the first half of the year, the company’s operating profit increased by 478.7% compared to the previous year, reaching N29.8 billion.  Its profit before tax also grew by 269.5%, and profit after tax nearly tripled. The company’s operating […]

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Nigeria seeks approval for $30b external loan

In spite of the clean bill of prosperity in the economy, Nigeria is seeking the approval of the National Assembly to obtain external loan of $29.96 billion for the implementation of 39 key infrastructure embarked upon from 2016 to 2018.President Muhammadu Buhari, who had reported that economy was gathering momentum, addressed the loan request letters […]

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Nigeria: CDD Evaluates Buhari’s Economic Policies, Advises Govt

The Centre for Democracy and Development, CDD, has pointed out how President Muhammadu Buhari-led Federal Government can improve on its economic policies. CDD stated that Buhari government needs to increase capital investments and reforms in the power sector, while Nigeria needs to focus on increasing production in the oil sector. It stated this in an […]