FG to unveil new policy on cooking gas next week


The Federal Government is to introduce new policy on the usage of cooking gas in the country .

Mr Joseph Odumodu, the Director General of Standard Organisation of Nigeria (SON), made this known to newsmen in an interactive session in Lagos on Thursday.

Federal Government raises passport fee by fifty percent


The Federal Government has increased passport fee by 50%. According to a circular signed by the Deputy Comptroller in charge of Operations/Passport and released a few days ago titled ‘Passport Reforms’, applicants will now pay N15,000 instead of N10,000. (It was officially N10,000 but we all know how much we really paid…lol). Also applicants for change of data will now pay N30,000.

Lenovo jumps into the highly competitive Nigerian smartphone market


Yet another smartphone maker has eyed the competitive but lucrative Nigerian smartphone market. Lenovo, the world’s number two PC maker has decided to berth in the Nigerian phone market, a first in Africa.

The company, last week opened shop in Nigeria with the launch of its array of smartphones, stating that each smartphone offering targets a particular segment of smartphone customers.

Vehicle, tyre importers to pay more tax, says Central Bank of Nigeria


In line with the new automobile policy of the Federal Government, the Central Bank of Nigeria, CBN, has issued new fiscal policy measures to regulate the operations of authorized motor dealers in the country.

The CBN, in a memo dated January 20 from its trade and exchange department to all authorized dealers and the general public, spelt out new tariff for all categories of motor vehicles and tyres imported into the country.

Dana acquires Boeing airplanes


Suspended Dana Air has acquired two Boeing 737-500 planes as it seeks to phase out its old McDonnell Douglas aircraft that became infamous in 2012 following a plane crash that killed 163 people, sources at the Nigerian Civil Aviation Authority, NCAA, disclosed on Tuesday.

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