Category: Economy

Customs Boss Lauds Ogun II Command for Optimising 40 Per Cent Revenue Increase
June 14, 2025 No Responses

Customs Boss Lauds Ogun II Command for Optimising 40 Per Cent Revenue Increase

The Comptroller-General of Customs (CGC), Adewale Adeniyi, has commended Ogun II Area Command’s impressive revenue performance and pledged support to address its operational challenges.He made this known during a working visit to the Command Headquarters in Abeokuta, Ogun State, on...
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Lagos Loses N4tri Annually To Traffic Congestion, Vows To Enforce e-Call-Up
June 14, 2025 No Responses

Lagos Loses N4tri Annually To Traffic Congestion, Vows To Enforce e-Call-Up

The Lagos State Government is to begin enforcement of its Electronic Call-Up (e-Call-Up) system for tankers and other articulated vehicles operating on the Lekki-Epe Corridor with effect from June 16.The government said that the enforcement would be in an effo...
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Edo Inaugurates N1b Interest-Free Loan Scheme For Traders, Farmers
June 14, 2025 No Responses

Edo Inaugurates N1b Interest-Free Loan Scheme For Traders, Farmers

Edo State Governor, Monday Okpebholo on Friday inaugurated a N1billion interest-free loan scheme, targeting farmers and traders across the state.According to Okpebholo, the initiative would support over 5,000 beneficiaries.He said that it was designed to stimu...
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NPA Meets APM Terminals, Shipping Lines Over Container Movement To Seaport
June 12, 2025 No Responses

NPA Meets APM Terminals, Shipping Lines Over Container Movement To Seaport

Based on public outcry over the delay in evacuation of empty containers leading to yard congestion at the APM Terminals, Apapa, Lagos, the Nigerian Ports’ Authority, NPA, convened a crucial meeting comprising of the major shipping lines and the APM...
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World Bank Lifts Ban On Nuclear Energy Financing
June 12, 2025 No Responses

World Bank Lifts Ban On Nuclear Energy Financing

The World Bank is re-entering the nuclear energy space “for the first time in decades,” its President Ajay Banga said Wednesday, as it works towards meeting growing electricity demand in developing countries. Banga said in an email to staff that...
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Nigeria Seeks Prompt Ratification Of Agreement To Protect Oceans, Increase Funding to Developing Countries
June 11, 2025 No Responses

Nigeria Seeks Prompt Ratification Of Agreement To Protect Oceans, Increase Funding to Developing Countries

Nigeria has called for the prompt ratification of the Biodiversity Beyond National Jurisdiction (BBNJ) Agreement and a significant increase in funding for blue economy initiatives to ensure the protection and sustainable use of the world’s oceans.Delivering ...
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BPSR Lauds NIMASA On Public Service Reforms
June 11, 2025 No Responses

BPSR Lauds NIMASA On Public Service Reforms

. The Nigerian Maritime Administration and Safety Agency (NIMASA) has received commendation from the Bureau of Public Service Reforms (BPSR) for its forward-thinking approach to institutional reforms.Speaking during a two-day sensitization workshop in Lagos, t...
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SEC To Firms: Honour Unclaimed Dividend Requests
June 11, 2025 No Responses

SEC To Firms: Honour Unclaimed Dividend Requests

The Securities and Exchange Commission (SEC) has directed all public companies and Registrars to stop treating unclaimed dividends older than 12 years as “statute-barred”, especially those from before the enactment of the Finance Act 2020.The directive rea...
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Seplat Energy Bags CIPS Procurement Excellence Standard Certificate 
June 10, 2025 No Responses

Seplat Energy Bags CIPS Procurement Excellence Standard Certificate 

The Chartered Institute of Procurement and Supply (CIPS) has presented the Procurement Excellence Standard Certificate to Seplat Energy Plc, the foremost Nigerian independent energy company. The Global Chief Executive Officer, CIPS, Ben Farrell, m...
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AGF: Why I Dropped Fraud Charge Against Fidelity Bank’s MD, Onyeali-Ikpe
June 10, 2025 No Responses

AGF: Why I Dropped Fraud Charge Against Fidelity Bank’s MD, Onyeali-Ikpe

The Attorney-General of the Federation and Minister of Justice, Prince Lateef Fagbemi, SAN, on Monday, disclosed reasons why he discontinued a fraud charge the Federal Government entered against the Managing Director and Chief Executive Officer, MD/CEO, of Fid...
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Oyetola Joins Macron, Prince William, Others At Blue Economy Forum In Monaco
June 9, 2025 No Responses

Oyetola Joins Macron, Prince William, Others At Blue Economy Forum In Monaco

Nigeria’s Minister of Marine and Blue Economy, Adegboyega Oyetola, joined world leaders and global dignitaries on Sunday, 8th June, 2025 at the Blue Economy and Finance Forum in Monaco.The special event, held ahead of the United Nations (UN) Oceans Conferenc...
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FG Lauds NLNG For FMC Asaba Facilitate Upgrades
June 8, 2025 No Responses

FG Lauds NLNG For FMC Asaba Facilitate Upgrades

THE Federal Government has commended the Nigeria Liquefied Natural Gas, NLNG for renovating and equipping Neonatal Intensive Care Units (NICU) and the Special Care Baby Unit at Federal Medical Center, Asaba, Delta.The Minister of State, Federal Ministry of Hea...
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Nigerdock Establishes Transocean Coatings FZE
June 6, 2025 No Responses

Nigerdock Establishes Transocean Coatings FZE

Nigerdock, promoters of Snake Island Integrated Free Zone (SIIFZ), hasestablished Transocean Coatings FZE, an affiliate of Transocean Coatings Nigeria Limited.In a statement issued to announce the official signing ceremony, Nigerdock Chief Executive Officer, M...
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Shippers’ Council Boss At Lekki Deep Seaport, Harps On Automation
June 5, 2025 No Responses

Shippers’ Council Boss At Lekki Deep Seaport, Harps On Automation

Nigerian Shippers’ Council (NSC), has reaffirmed the Federal Government’s commitment to automating the port sector for optimal efficiency.NSC Executive Secretary/CEO, Dr. Akutah Pius, made the call during a courtesy visit to the Lekki Deep Sea Port...
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