Importers groan over 200% surge in duty amid naira fluctuation

Nigerian importers are troubled by escalating duty costs, following the country’s floating of its foreign exchange rate. They said import duty has surged by over 200 per cent compared to previous rates, significantly impacting the cost of imported goods. They lamented that the development disproportionately affects Nigerian importers, as the country primarily relies on import […]

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Firms scale down production, opt for trade over FX, income concerns

• Forex crises crippling sector as black-market dictates survival • Scarcity, price hike may promote poor-quality products from unscrupulous operators • New model, scaling down business segments will trigger fresh job losses • CPPE, others urge govt to tackle Naira fluctuations, boost ease of doing business With the economic crisis confronting Nigeria showing no signs […]

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How contradictions in world politics have perpetuated Israel/Palestine conflict

Men stand on top of the rubble of a home targeted by Israeli air raids in Shati refugee camp. Photo: Abedelhakim Abu Riash/Al Jazeera Contradictions around the Israeli-Palestinian conflict have been ever salient and even more boldly in recent developments as rooted claimant sentiments, once again with anti-peace and disruptive acts, emerge with the promise […]

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Results of Kogi, Bayelsa, Imo elections to be transmitted electronically – INEC

Chief Press Secretary, Independent National Electoral Commission (INEC), Mr. Rotimi Oyekanmi (left); Resident Electoral Commissioner, Kogi State, Dr. Gabriel Longpat and INEC Chairman, Prof. Mahmood Yakubu during a press briefing on the Mock Accreditation Exercise to test run the Bimodal Voter Accreditation System (BVAS) and uploading of polling units results to the INEC Result Viewing […]

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We are not recruiting yet – OYOSUBEB

Oyo  State Governor Seyi Makinde Inaugurates Management Committee into Smart School Oyo State government has declared as untrue news by a blog about purported recruitment into the State Universal Basic Education Board, OYOSUBEB. The board’s Ag. Executive Secretary, Mrs. Olaide Ladipo made the clarification in a statement signed on Thursday in Ibadan, the State’s capital. […]

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Tinubu urged to ensure free and fair polls in Imo, Kogi, Bayelsa governorship polls

President Bola Ahmed Tinubu has been called upon to President Bola Ahmed Tinubu has been called upon to ensure that the electorates exercise their franchise without any form of intimidation in the Imo, Bayelsa and Kogi states governorship polls holding on the 11th November this year. The National Chairman of the opposition Social Democratic Party […]

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World Food Day: Nigerians cry to Tinubu over worsening hunger index

• Say To Eat Now Is War • ‘People In Govt Don’t Believe There’s Suffering’ • Experts Blame Unstable Exchange Rate, Climate Change, Others For Situation • Seek Adoption Of Fresh Approach To Food Security As Nigeria joins rest of the world tomorrow to mark World Food Day amid worsening food crisis that is spreading […]

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Tobi Amusan missing as World Athlete unveils nominees for 2023 awards

World Athletics (WA), yesterday, unveiled the names of nominees for Women’s Athlete of the Year 2023, but the name of 100m hurdles record holder, Nigeria’s Tobi Amusan, is missing from the lot. Amusan, who is Nigeria, Africa, and Commonwealth champion in the 100m hurdles, made history last year when she became the first Nigerian athlete […]

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