Border closure

Customs to close supermarkets, shops selling foreign rice, others

Nigerian Customs Service has warned off supermarkets and shops in some parts of the country to stop patronising foreign rice…

By Businessam Staff
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Customs intercepts 1,393 bags of rice, smuggled food items in gas cylinder in Ogun

Despite closing her land borders against trade, food smuggling into Nigeria has continued unabated, with dare-devil smugglers becoming more desperate…

LCCI to assess impact of border closure on Nigeria’s economy

By Samson Echenim The Lagos Chamber of Commerce and Industry (LCCI), the premier chamber of commerce and a leading voice…

BREAKING: Inflation rate jumps to 11.98% as border closure continues

Nigeria’s inflation rate rose year on year from 11.44% as at the end of 2018 to 11.98% by December 2019. This…

Businesses will continue to suffer on border closure, OPS warns

As the federal government says there is no terminal date for the reopening of the borders with its West African…

Border closure: Economic growth to slow down in 2020

Analysts at RenCap, an investment and securities firm declared that the closure of Nigeria’s land borders could lead to a slow-down in Nigeria’s economic…

FG’s delegation on arrival at Katsina airport on Monday

  A delegation of the federal government led by Lai Mohammed, the minister of information and culture, on Monday arrived…

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