Business

CBN’s Foreign Currency Collateral directive: NACCIMA insists Customs charge duties in Naira

CBN’s Foreign Currency Collateral directive: NACCIMA insists Customs charge duties in Naira   The Nigeria Association of Chambers of Commerce, Industry, Mines and Agriculture has demanded that the duties collected by the Nigeria Customs Service be charged in Naira rather than in foreign currency. NACCIMA President, Dele Oye, stated this[Read More…]

Air Peace chairman alleges big players on Lagos-London route slash prices below cost of operations to cripple the Nigerian carrier

Air Peace chairman alleges big players on Lagos-London route slash prices below cost of operations to cripple the Nigerian carrier Can Air Peace survive the tough competition mounted against it by big Airlines including British Airways, Virgin Atlantic, Air France and KLM? Shortly after Air Peace began flying to London[Read More…]