Senate Committee  Blames N5b Alleged Revenue Leakage On Zero Duty Vehicles Imported By Assembly Plants

Senate Committee Blames N5b Alleged Revenue Leakage On Zero Duty Vehicles Imported By Assembly Plants

The Senate Committee on Customs, Excise and Tariffs on Wednesday blamed the Nigeria Customs Service (NCS) for granting assembly plant owners zero duty on new imported vehicles.   Chairman of the Committee, Sen. Hope Uzodinma, said during its oversight visit to...
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Fishing Community In Lagos Laments Dredging, Sand Filling At Oworonsoki

Fishing Community In Lagos Laments Dredging, Sand Filling At Oworonsoki

Ongoing dredging work at Oworonsoki, Lagos is causing a lot of mud to settle around the Agoegun fishing community in Bariga and this has caused the fishes in the lagoon in the axis, to migrate into the Ocean. “If we...
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NPA Boss Implores PMWCA on International Standards, Private Sector Involvement In Provision Of Ports Facilities

NPA Boss Implores PMWCA on International Standards, Private Sector Involvement In Provision Of Ports Facilities

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has challenged Port Management Association of West and Central Africa (PMWCA) to devise ways to pilot the sub-region to take full advantage of trading opportunities by encouraging priva...
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NLNG Reiterates Commitment To Zero Fatality, Injuries

NLNG Reiterates Commitment To Zero Fatality, Injuries

The Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), Tony Attah, yesterday in Port Harcourt, assured that NLNG is fully committed to its Goal Zero campaign of ensuring zero incidents and fatality during its operations.  Attah, whil...
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New powertrains and fresh design for Kia Optima

New powertrains and fresh design for Kia Optima

Kia Motors Europe has introduced a range of design enhancements and new engines for the new Kia Optima.    Sold in Europe as a sedan or Sportswagon, the car makes its debut at the 2018 Geneva International Motor Show, and...
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NIMASA Projects Five Per Cent Maritime Growth In 2018, Post 2019 Election

NIMASA Projects Five Per Cent Maritime Growth In 2018, Post 2019 Election

The Nigerian Maritime industry is projected to grow by 2.5 – 5 % within the period 2018-2019 and a projected increase in demand for maritime services in Nigeria during the period of projection.   This was contained in the Nigerian...
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WFE Tasks Stock Exchanges On Family Firms, Listing Opportunities

WFE Tasks Stock Exchanges On Family Firms, Listing Opportunities

The World Federation of Exchanges (WFE) has published a report into family businesses, investigating the opportunities and challenges for family firms when considering public equity as a source of funding. ​The report – entitled Family Firms and Listing: O...
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NPA Photo News

NPA Photo News

The Managing Director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman (3rd from left) presents a plaque to the Managing Director, International Association of Ports and Harbours (IAPH), Patrick Verhoeven (2nd from left). To the left of MD NPA...
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Daimler Confirms Geely As Biggest Shareholder With $9B Stake

Daimler Confirms Geely As Biggest Shareholder With $9B Stake

Daimler, Mercedes-Benz parent company has confirmed that Geely, which also owns Volvo and Lynk & Co., plus its own car brand, has acquired 9.69 percent of its shares in a deal valued at $9 billion.   The shares were purchased...
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Corporate Governance: NAHCO CEO Lauds Company’s Board

Corporate Governance: NAHCO CEO Lauds Company’s Board

The certification of seven current and past members of the Board of the Nigerian Aviation Handling Company Plc by the Corporate Governance Rating System (CGRS) has been described by the Company’s Managing Director/Chief Executive Officer, Mr. Idris Yakub...
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FG To Train 100 Rice Farmers In Kebbi

FG To Train 100 Rice Farmers In Kebbi

 The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, says the Federal Government will train 100 rice farmers in Kebbi, as part of efforts to boost rice production in the country.   The minister said this on Monday in...
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Tricycle Riders Burn FRSC Vehicle Over Alleged Extortion

Tricycle Riders Burn FRSC Vehicle Over Alleged Extortion

Tricycle riders on Monday allegedly burnt down a patrol vehicle and injured six personnel of the Plateau command of the Federal Road Safety Commission (FRSC) in Jos. Mr Andrew Bala, the command’s Public Education Officer, confirmed the incident to the...
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VAIDS:  El-Rufai, Adeosun meet Kaduna business leaders, tax payers

VAIDS: El-Rufai, Adeosun meet Kaduna business leaders, tax payers

Executive Governor of Kaduna State, Mallam Nasir el-Rufai and the Honourable Minister of Finance, Mrs. Kemi Adeosun, will on Thursday, March 1, meet with business leaders, business owners and tax payers in Kaduna over the Voluntary Assets and Income Declaratio...
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FG, Maritime Stakeholders To Automate All Processes

FG, Maritime Stakeholders To Automate All Processes

In its quest to ensure the growth and development of the maritime sector in line with the Presidential order on the Ease of Doing Business in Nigeria, the Federal Government is set to automate all shipping related administrative processes in...
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