ABP Loan: CBN To Clampdown On Defaulting Farmers

ABP Loan: CBN To Clampdown On Defaulting Farmers

The Central Bank of Nigeria (CBN) has appealed to farmers who defaulted in paying back the loans obtained under the Anchor Borrowers’ Programme (ABP) to pay back.  Mr Sadeeq Ajayi, in CBN Development Finance Office, made the appeal on Wednesday...
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NIWA Targets Two Million Container Movements Through Inland Waterways

NIWA Targets Two Million Container Movements Through Inland Waterways

The National Inland Waterways Authority (NIWA) on Wednesday projected the movement of no less than two million containers through the Nigerian inland waterways annually by 2025.   The Managing Director of NIWA, Dr George Moghalu, said this while...
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Ministry Implores Maritime Women Practitioners On Collaboration

Ministry Implores Maritime Women Practitioners On Collaboration

Dr Magdalene Ajani, the Permanent Secretary, Federal Ministry of Transportation, on Wednesday urged maritime women practitioners on the need for collaboration to achieve maritime safety, security and build capacity. Ajani made the call at the Women’s Interna...
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NLNG At 33, Counts Gains

NLNG At 33, Counts Gains

By Moses Ebosele, ebosele@hotmail.com The Nigeria Liquefied Natural Gas (NLNG) has reiterated its commitment to provide cleaner energy to Nigeria and the world.  In a message to mark 33 years of existence on Tuesday, the Managing Director/Chief Execu...
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NCDMB To Host Summit On Midstream, Downstream Operations

NCDMB To Host Summit On Midstream, Downstream Operations

 By Moses Ebosele, ebosele@hotmail.com The Nigerian Content Development and Monitoring Board (NCDMB) has concluded plans to host the maiden edition of the Nigerian Content Midstream/Downstream Oil & Gas Stakeholders Summit, with theme, Maximizing...
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FMBN Disburses N394.6b To Beneficiaries 

FMBN Disburses N394.6b To Beneficiaries 

The Federal Mortgage Bank of Nigeria (FMBN) has disbursed N394.575 billion to beneficiaries from 1992 to 2022.  The Group Head, Corporate Communications (FMBN), Mr Lawal Sauri disclosed this in an interview with the News Agency of Nigeria (NAN) on Monday....
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NPA May Revoke Concession Agreement  

NPA May Revoke Concession Agreement  

The Nigerian Ports Authority (NPA) has disclosed that five terminal operators are being monitored to ensure they do the right things as regards their commitment and obligations as agreed under the Port Concession agreement.    Speaking at an interact...
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NPA Partners NLNG On Vessel Traffic Services

NPA Partners NLNG On Vessel Traffic Services

By  ebosele@hotmail.com The Nigerian Ports Authority (NPA) is working closely with the Nigeria Liquefied Natural Gas (NLNG) to deploy Vessel Traffic Services (VTS) in Bonny.    Already, arrangements are being put in place for survey as part...
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NLNG Tops Tax Compliance Firms In Nigeria

NLNG Tops Tax Compliance Firms In Nigeria

The Federal Inland Revenue Service (FIRS), on Monday, listed Nigeria’s top-performing taxpayers in the year 2021 and commended them for their exceptional efforts in contributing towards providing the necessary funds for the government to meet its social cont...
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Mandilas Group Tasks Stakeholders On Sustainable Cold Chain Industry

Mandilas Group Tasks Stakeholders On Sustainable Cold Chain Industry

Mandilas Group Limited has joined ongoing clamour to curtail post-harvest losses and expansion of the cold chain industry in Nigeria.   According to the Group, a vibrant cold chain industry will help preserve and protect the supply of food and...
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Amaechi Inaugurates Governing Boards Of NPA, MAN, NIWA, Others

Amaechi Inaugurates Governing Boards Of NPA, MAN, NIWA, Others

The Minister of Transportation, Mr Rotimi Amaechi, has inaugurated the five Governing Boards of Parastatals under the Ministry.   Amaechi, in a statement on Saturday explained that the board members would help restructure and reposition the agencies ...
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A’Ibom Unveils Coconut Oil Refinery, Targets 3,000 Jobs 

A’Ibom Unveils Coconut Oil Refinery, Targets 3,000 Jobs 

The Akwa Ibom State Government has commissioned what its described as Africa’s first digital coconut oil refinery   Commissioning the factory located in Ikot Akpan Okop village in Mkpat Enin Local Government Area on Friday,  former G...
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Spotlight Shines On Nigeria’s Growing Fiscal Deficit

Spotlight Shines On Nigeria’s Growing Fiscal Deficit

By  Lukman Otunuga, Senior Research Analyst at FXTM — It’s no secret that many developing countries boast high fiscal deficits in the pursuit of economic growth. Nigeria’s ballooning debt profile is a perfect example of how excessive government spe...
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DMO Lists N225b FGN Bond For Subscription By Auction

DMO Lists N225b FGN Bond For Subscription By Auction

The Debt Management Office (DMO) has announced an offer of three Federal Government of Nigeria (FGN)  bonds valued at N225bn, for subscription through auction.   The DMO announced the bonds offer in a statement on Thursday.   The offers are...
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