NGX Lists N4.075b AVA Infrastructure Fund

NGX Lists N4.075b AVA Infrastructure Fund

Nigerian Exchange (NGX) Limited on Friday listed N4.075 billion of AVA Infrastructure Series 1 Fund on its trading platform.  A statement signed by  the head, Issuers Regulation Department of NGX, Godstime Iwenekhai explained that “trading license holders are hereby notified of...
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NSIB, Nigerian Navy Strengthen Ties To Enhance Maritime Transport Safety

NSIB, Nigerian Navy Strengthen Ties To Enhance Maritime Transport Safety

Management of the Nigerian Safety Investigation Bureau (NSIB), led by its Director-General/CEO, Captain Alex Badeh Jr., paid a courtesy visit to the leadership of the Nigerian Navy on Friday. A statement issued by NSIB explained that the team was received...
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At WCO Conference In China, CGC Adeniyi Harps On Capacity Building, Trade

At WCO Conference In China, CGC Adeniyi Harps On Capacity Building, Trade

The Comptroller-General of the Nigeria Customs Service (CGC), Adewale Adeniyi, has expressed optimism that the recently launched Pilot Authorized Economic Operator (AEO) program in Nigeria is designed to contribute to the broader objectives of the WCO in promo...
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Tinubu Unveils Funtua Inland Dry Port, Lauds Shippers’ Council

Tinubu Unveils Funtua Inland Dry Port, Lauds Shippers’ Council

President Bola Ahmed Tinubu has commissioned Funtua Inland Dry Port project in Funtua, Katsina State.He was represented at the official commissioning of the Funtua Inland Dry Port by the Secretary to the Government of the Federation, Senator George Akume, on.....
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FG N450b Bonds For Subscription

FG N450b Bonds For Subscription

The federal government, through the Debt Management Office (DMO), has offered three FGN bonds valued at N150 billion each for subscription at N1,000 per unit. According to a release by the DMO, the first offer is the five-year reopening of...
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NCDMB Co-Chair, Ekpo Meets Exec Sec, Pledges Support For Local Content 

NCDMB Co-Chair, Ekpo Meets Exec Sec, Pledges Support For Local Content 

The Co-Chair of the Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB) and Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo on Thursday in Abuja received in audience the Executive Secretary of NCDMB, Engr. Fe...
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Coscharis Motors Set For 2024 West Africa Automotive Show

Coscharis Motors Set For 2024 West Africa Automotive Show

Coscharis Motors has announced plans to be part of the West Africa Automotive Show (WAAS), scheduled to hold at the Landmark Event Center in Lagos from May 14th to 16th, 2024. As one of the premier dealerships in Nigeria when...
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Gunmen Kill Three Okomu Oil Workers

Gunmen Kill Three Okomu Oil Workers

Three staff of Okomu Oil Palm Company Plc, Edo State have been killed. The Public Relations Officer of the company, Fidelis Olise, who confirmed the development explained that the killing was done by “unknown persons.”He stated the company enjoyed a...
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TUC Threatens Nationwide Shutdown

TUC Threatens Nationwide Shutdown

The Trade Union Congress (TUC) has threatened shut down the Nigerian economy should the Federal Government fail to cancel the controversial cybersecurity levy recently introduced by the Central Bank of Nigeria. The TUC in a statement signed by its President,.....
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Lagos Marks 359 Distressed Buildings For Demolition 

Lagos Marks 359 Distressed Buildings For Demolition 

The Special Adviser to the Lagos State Governor on e-GIS and Urban Development, Dr. Olajide Babatunde has said that any building in Lagos State without building approvals will be pulled down by the State Building Control Agency (LASBCA), after the...
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MT Prestigious Still In Custody Of Navy, Says Firm

MT Prestigious Still In Custody Of Navy, Says Firm

Newcross Exploration And Production Limited, has refuted reports on the release of MT Prestigious by the Nigerian Navy.According to the firm, the Vessel apprehended by a private security firm for allegedly stealing crude oil by a Niger-Delta Group, the Niger.....
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Tinubu To Commission Funtua Inland Dry Port

Tinubu To Commission Funtua Inland Dry Port

President Bola Ahmed Tinubu to commission Funtua Inland Dry Port on Thursday, 9th May, 2024 in Katsina State.The Commissioning Ceremony will feature key dignitaries, government officials and industry stakeholders.Assistant Director, Public Relations Unit of Sh...
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Oil Firms: CBN Relaxes Restriction On Repatriation Of Forex

Oil Firms: CBN Relaxes Restriction On Repatriation Of Forex

The Central Bank of Nigeria (CBN) has relaxed its initial restriction on the repatriation of forex proceeds by international oil firms operating in the country. In a circular dated May 6, 2024 signed by the Director, Trade and Exchange Department,...
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NNPCL Cautions Against Panic Buying

NNPCL Cautions Against Panic Buying

The Nigerian National Petroleum Company (NNPC) Limited has cautioned against panic buying, saying it has over 1.5 billion litres of  Premium Motor Spirit (PMS), also known as petrol.   A statement issued by the company’s Chief Corporate C...
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