With N1000 bribe, I “smuggled” foreign rice from Benin Republic to Nigeria despite govt’s restrictions

  It was midday on March 12, Monday, popularly nicknamed ‘J-Boy’, a swift, street-smart motorcyclist flapped his cow-skinned, portable bag at the front of his motorcycle, ready to fire on. J-Boy was not just a good rider, but also a great accomplice with the Kogi-born Mohammed Muktar, who is adept in the business of smuggling foreign […]

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Buhari Pledges to Abide by ECOWAS Decision on Border Closure

  President Muhammadu Buhari yesterday pledged Nigeria’s preparedness to abide by the decision of the tripartite committee comprising Nigeria, Benin and Niger Republic on the partial closure of the country’s land borders whenever the report is submitted. He also said Nigeria was putting measures in place to secure the Gulf of Guinea, following his meeting […]

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Manufacturers struggle with inventories, losses as border closure, inflation bite harder

  Unlike its peers in Kenya and Ghana that recorded growth, PZ Cussons noted that the challenging Nigerian economy resulted in continued weakness in mass market Home and Personal Care sales, with regional revenue 4.4% lower.     IF the financial reports for the 2019 financial year of local producers in the consumer goods segment […]

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Port Harcourt Chamber of Commerce backs border closure

  The Port Harcourt Chamber of Commerce, Industry, Mines and Agriculture (PHCCIMA) has commended the Federal Government for the closure of the country’s borders.   Director – General of PHCCIMA, Erasmus Chukunda, disclosed this on Thursday when he spoke at the Institute of Director (IoD) Nigeria, Port Harcourt Zone, Rivers State.   Chukunda, who was […]

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