Federal Archives — Page 110 of 138

December 6, 2016 No Responses

Auto Policy: The controversy continues

The controversy trailing implementations of Nigeria’s automotive policy assumed a new dimension on Monday with the outright ban on importation of vehicles through the land borders. Indeed, the policy, unveiled in 2013 by the administration of former President Goodluck Jonathan’s...

December 6, 2016 No Responses

NLNG commissions $2m laboratory at UNN

Nigeria LNG Limited (NLNG), recently, at the University of Nigeria, Nsukka (UNN) commissioned a $2 million NLNG/UNN Engineering Laboratory donated to the institution as part of the company’s $12 million University Support Programme (USP). NLNG’s USP was la...

December 6, 2016 No Responses

Nigeria, Ghana, Togo, others ban ‘dirty fuels’ from Europe

(BBC) Five countries in West Africa have decided to stop importing “dirty fuels” from Europe, the UN Environment Programme says. A recent report revealed that European companies were exploiting weak regulations in West Africa to export fuels with h...

December 5, 2016 No Responses

FG bans importation of vehicles through land borders

Importation of vehicles into Nigeria through the land Borders have been banned by the Federal Government. The prohibition order covers all new and used vehicles. A statement issued by the Nigeria Customs Service (NCS) Public Relations Officer, Mr Wale Adeniy...

December 5, 2016 No Responses

CBN faults alleged unilateral dollar allocation

The Central Bank of Nigeria (CBN) on Sunday denied reports that it allocates dollars unilaterally. CBN Director in charge of Corporate Communications, Mr. Isaac Okoroafor, explained that the CBN had set up an inter-bank foreign exchange market, where anyone wh...

December 5, 2016 No Responses

Strategic roles of entrepreneurship in economic growth, by NPA boss

To boost economic growth, the Managing Director of Nigerian Ports Authority (NPA) , Ms Hadiza Bala Usman has emphasised need to promote the activities of medium scale entrepreneurs and foreign investors. Speaking at the Kano Trade fair, the NPA boss...

December 5, 2016 No Responses

‘PayU’ payment system debuts in Nigeria

A global online payment service provider “PayU” has been introduced in Nigeria with innovations that will continue to make the market more competitive. The PayU Payments Nigeria Limited with trading name as “PayU”, according to its Coun...

December 4, 2016 No Responses

FG seeks protection of Cultural Heritage

The Minister of Information and Culture, Alhaji Lai Mohammed, has called for the sensitization of local communities across Africa in order to raise their consciousness about the importance of protecting cultural heritage against marauders. The Minister made ...

December 2, 2016 No Responses

NPA partners Port of Miami on export, trade facilitation

The Nigerian Ports Authority (NPA) and the Port of Miami are collaborating as part of measures to boost export and facilitate trade. Speaking during a visit to the Managing Director of NPA, Ms Hadiza Bala Usman in Lagos, the United...

December 2, 2016 No Responses

Saudi Arabia lays foundations for $4.3b maritime complex

The inauguration ceremony of the King Salman Global Maritime Industries Complex was held at Ras Al-Khair, near Jubail in Saudi Arabia, on November 29, 2016, South Korean shipbuilder Hyundai Heavy Industries (HHI) informed. Saudi Arabia’s King Salman bin Ab...

December 1, 2016 No Responses

NJIC to maintain current wages

The National Joint Industrial Council (NJIC) has agreed to discontinue further negotiations for the increment of wages of dock workers given the prevailing economic conditions facing the maritime industry in general and Nigeria in particular. This decision was...

December 1, 2016 No Responses

Minister explains role of creative industry in economic growth, recovery

The Federal Government has included the Creative Industry in its Economic Recovery and Growth Plan in order to underscore the political will to harness the immense potential of the sector for economic empowerment. The Minister of Information and Culture, Alh...

November 30, 2016 No Responses

NECA faults ‘cool-off’ provisions in FRC’s Code of Corporate Governance

The Nigeria Employers’ Consultative Association (NECA) on Tuesday criticised provisions in the recently suspended Code of Corporate Governance of the Financial Reporting Council (FRCN). According to NECA, there is no justification for the mandatory ‘co...

November 30, 2016 No Responses

Labour seeks industrial harmony, outstanding salaries for Ministry of Defence staff

Industrial harmony in the workplace will be enhanced if the management and workers put the interest of the organisation first. Making the declaration in a lecture he delivered at the 2016 Annual Seminar of the Ministry of Defence unit of...