Forex: CBN releases list of 36 items

Forex: CBN releases list of 36 items

The Central Bank of Nigeria (CBN) on Thursday released list of 36 items valid for access to foreign exchange in the foreign exchange market.   In a circular to all banks and the general public, CBN explained that the list of...
read more
Africa needs new financing models to bridge development gaps, says Osinbajo

Africa needs new financing models to bridge development gaps, says Osinbajo

Acting President, Yemi Osinbajo, has advocated a new paradigm in financing infrastructure projects in Africa in order to close the huge infrastructure gap in the continent.   He stated this on Tuesday at a forum to mark Africa Finance Corporation’s...
read more
Safety experts hing prevention of accidents on adequate management system

Safety experts hing prevention of accidents on adequate management system

How to best use Safety Management Systems (SMS) in accident prevention was the topic of an International Transport Forum (ITF) Roundtable held in Paris recently.  According to ITF, an unusually large and diverse group of more than 40 experts from all...
read more
Nine ministers present mid-term report as Audu Ogbeh blames high cost of local rice on interest rate

Nine ministers present mid-term report as Audu Ogbeh blames high cost of local rice on interest rate

Not less than nine Ministers attended a special edition of the Federal Government’s town hall meeting in Abuja on Tuesday. They are Minister of Agriculture and Rural Development, Audu Ogbeh; Minister of Power, Works and Housing, Babatunde Fashola; Minist...
read more
FRSC, Seaport Truckers bicker over alleged extortion

FRSC, Seaport Truckers bicker over alleged extortion

Seaport truck owners under the aegis of Joint Council of Seaport Truckers (JCOST) on Tuesday in Lagos threatened to sue the Nigerian Ports Authority (NPA) and the Federal Road Safety Corps (FRSC) over alleged extortion.   But, in a swift...
read more
Edo to boost forex with rubber

Edo to boost forex with rubber

Edo State Governor, Mr. Godwin Obaseki has declared his administration’s readiness to reposition the state at the vanguard of rubber production and processing in order to increase foreign exchange earnings.  This was as he received the management of the Rub...
read more
NPA Photo News

NPA Photo News

Managing Director of  Nigerian Ports Authority (NPA), Hadiza Bala Usman (3rd right); Executive Director, Finance and Admin. NPA, Mohammed Bello-Koko (2nd right); the President SSA, Comrade Benson Adegbeyeni (1st right); President General, Maritime Workers Uni...
read more
NSE Photo News

NSE Photo News

L – R: Mr. Yinka Sanni, Group CEO, Stanbic IBTC Holdings Plc; Mr. Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE); Mr. Atedo Peterside CON, outgoing Chairman, Stanbic IBTC Holding Plc; Mrs. Abiodun Peterside (his wife);...
read more
Weststar announces return of FIAT to Nigeria

Weststar announces return of FIAT to Nigeria

“It is with great excitement that Weststar Associates Limited, (Authorized General Distributors of Mercedes-Benz, Chrysler, Jeep, Dodge, & Ram in Nigeria) confirms the arrival of the much-anticipated Italian brand – FIAT in Nigeria. Plans are alrea...
read more
Edo to construct  central bus terminal in Benin

Edo to construct central bus terminal in Benin

Governor Godwin Obaseki of Edo State has, in continuation of the decongestion process to clean up Edo State, inspected the city centre, Ring Road and its environs, where he moved to recover government properties and promised to build a central...
read more
‘Indigenous languages may go into extinction’

‘Indigenous languages may go into extinction’

The Minister of Information and Culture, Alhaji Lai Mohammed, has said the country’s indigenous languages are endangered and could go into extinction in no distant future if urgent steps are not taken to reverse the trend. In his address at the 2017 A...
read more
Apapa access roads: NPA, Dangote, Flour Mills, to raise N4.5 b

Apapa access roads: NPA, Dangote, Flour Mills, to raise N4.5 b

As part of measures to fast-track the re-construction of Apapa seaports access roads in Lagos State, the  Nigerian Ports Authority (NPA) is to raise  N4.3 billion.    Addressing maritime stakeholders in Lagos on Monday, the Managing Director of NPA, Hadiza...
read more
Joint account committee declares N2. 10b allocation for LGs in Edo

Joint account committee declares N2. 10b allocation for LGs in Edo

The Edo Joint Account and Allocation Committee (JAAC) has declared N2.10 billion as total allocation accrued to the 18 local governments in the state from both Internally Generated Revenue (IGR) and the Federation Account for March.  A statement issued by...
read more
‘FG will give priority to indigenous consultants’

‘FG will give priority to indigenous consultants’

The Minister of Information and Culture, Alhaji Lai Mohammed, has said the Federal Government will soon adopt a policy to give the right of first refusal to indigenous consultants in its projects. The Minister disclosed this in Abuja on when he received...
read more