GOVERNMENT ministers have directed the Nigeria Customs Service (NCS) to ground 91 private jets belonging to several wealthy Nigerians over their alleged refusal to pay import duties running to over N30bn ($73m).
Nigeria is the world's second fastest-growing private jet market in the world behind China with politicians,...
NIGERIA'S balance of trade deficit looks set to get significantly worse this year as the country is poised to import used cars and motorcycles valued at a total of N3trn ($7.83bn) in 2021 which is certain to create serious foreign exchange problems.
Despite having a huge population of 200m people, Nigeria manufacturers very...