The market capitalisation of the Nigerian Exchange Limited crossed the N40tn mark at the close of trading on Wednesday on the back of increased activity in banking stocks. Similarly, the benchmark index of the exchange, the All-Share Index, crossed 73,000 …
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The Managing Director and Chief Executive Officer of Petrocam Trading Nigeria Limited, Patrick Ilo, has called on the Nigerian National Petroleum Company Limited to improve its pricing strategies to create an equitable and competitive business environment. Ilo made the call …
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The Federal Government will on Thursday inaugurate Amal Technology’s production facility for Gas Leak Detection Devices and Printed Circuit Board in Idu, Abuja. In a statement, Nigerian Content Development and Monitoring Board noted that the homegrown innovation was initiated by …
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The House of Representatives has expressed readiness to investigate the loss of over $60bn revenue due to alleged inflated cash calls by the Nigerian National Petroleum Company Limited Joint Venture Agreements. As a result, the House mandated the relevant committees …
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The Vice President of Africa, Qatar Airways, Hendrik du Preez, has disclosed that Africa’s share in the global travel demographic stands at only 2 per cent, despite having about 17 per cent of the world’s population. Preez stated this in …
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Experts have urged the government to prioritise local steel manufacturing to reduce the cost of vehicles in the country. Battery and Power Systems Analyst at DM Lustrous Cars Ltd, Victor Ezeali, in an interview with media source, stressed the need to …
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The Comptroller-General of Customs CGC, Adewale Adeniyi on Friday, held a roundtable session, bringing together, senior serving and retired Customs Officers, Terminal Operators, Freight Forwarders, Licensed Customs Agents, and Representatives of Excise Stakeholders, among others, for interaction, to identify the way …
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Koko Bello, MD, NPA The Managing Director of Nigerian Ports Authority (NPA), Mohammed Bello Koko has said that there would be zero tolerance for underperformance in the agency henceforth. He stated this on Sunday at a management retreat of the …
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The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has congratulated the immediate past President, Muhammadu Buhari. GCFR, on his birthday.Buhari turned 81 during the weekend.In his birthday message, Jamoh pointed out the former …
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NIWA MD, Munirudeen Oyebamiji The Managing Director of the Nigerian Inland Waterways Authority (NIWA), Munirudeen Oyebamiji has made a case for the dredging of the waterways serving the eastern ports, saying this will reduce congestion at the Apapa ports.Oyebamiji, who …
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Hydrographer of the Nigerian Navy, Rear Admiral Ayo Olugbode, has called on maritime experts and policymakers to set up a think-tank forum that would help in harnessing the potential of the nation’s Blue Economy. Olugbode disclosed this at the maiden …
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The Nigerian Ports Authority (NPA) on Sunday, busted a syndicate sabotaging the E-call up system, also known as ‘Eto’ with 413 fake number plates. The E-call up system was introduced by NPA in February 2021 for trucks at the Lagos Ports, to …
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President Bola Tinubu, on Thursday, stated that his administration is already adopting measures to address the inadequacies of policy-making data, which had hitherto hindered comprehensive decision-making, in Nigeria. President Tinubu made the revelation at the 2023 Comptroller-General of Customs Annual Conference, …
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Chairman, CRFFN, Iju Tony Nwabunike The Chairman of the Council for the Regulation of Forwarding in Nigeria (CRFFN) Iju Anthony Nwabunike has advised the Federal Government to share a certain percentage of actual or projected Customs revenue earnings with Customs …
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The Chairman House Committee on Shipping Services, Mr Abdussamad Dasuki, has assured that the committee will assist in seeking legal backing for the establishment of a Nigerian Shipping Commission. He also pledged the sincere support of his Committee towards the …
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When the Nigerian National Petroleum Company Limited (NNPCL) entered into a security agreement with Tantita Security Services Limited to tackle crude oil theft in the Niger Delta, very few Nigerians had expressed support for the deal. It was widely believed …
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Dr. Obiora Madu, Director -General of African Centre for Supply Chain(ACSC) presenting award to a recipient. It was an evening to remember in years to come in the transport and supply chain sectors of the economy. Eight supply chain professionals …
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Minister of Marine and Blue Economy · FG seeks $35billion for railway project · Lekki Deep Sea Port listed for rail connectivity · Oyetola lobbies National Assembly for CRFFN The Federal Government is to spend N67.5 billion for the transportation and marine sectors in …
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The US consumer goods powerhouse Procter & Gamble (P&G), recently, announced its decision to shut down manufacturing in Nigeria .P&G is not a lonely path in this circumstance. Many like Dunlop, Michelin and more lately GlaxoSmithkline(GSK) and others. As much …
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With barely 6 months in office, Bola Tinubu’s government is fast taking on a brand identity not planned for. But it is a choice it has made. Nigerians are dying from hard and harsh fiscal measures under the guise of …
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