Information Archives — Page 5 of 515

May 13, 2025 No Responses

CVFF Disbursement: NIMASA Okays UBA, First Bank, Zenith, Nine Others

The Cabotage Vessel Financing Fund (CVFF) is to be disbursed by the Federal Ministry of Marine and Blue Economy through the Nigerian Maritime Administration and Safety Agency (NIMASA) at a single-digit interest rate. Under the arrangement, twelve (12) Primary Lending...

May 13, 2025 No Responses

NADDC DG, Innoson, Dana Motors, Others Laud ‘Nigeria First’ Policy

The Director General of the National Automotive Design and Development Council (NADDC), Oluwemimo Joseph Osanipin, has described the ‘Nigeria First’ policy announced last week by the Federal Government as an initiative that will drive patronage for the aut...

May 13, 2025 No Responses

B’Odogwu: TinCan Customs Command Captures First Declaration

The Tincan Island Port Command of the Nigeria Customs Service (NCS) has successfully processed its first Single Goods Declaration (SGD) using the indigenously developed B’Odogwu platform. The event, which took place on Monday, May 12, 2025, marked a signific...

May 12, 2025 No Responses

NPA Reacts To Alleged Misapplication Of Budgetary Provisions

The Nigerian Ports Authority (NPA) has refuted alleged misapplication of budgetary provisions, pointing out that the Authority’s budget is subject to strict supervision by the Ministry of Marine and Blue Economy, the Budget Office of the Federation and overs...

May 12, 2025 No Responses

IMF Loan: Falana Seeks Probe Into Alleged Diversion Of $3.4b

Human Rights lawyer, Femi Falana, SAN, has called on the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to investigate the alleged criminal diversion of the $3.4 billion loan o...

May 11, 2025 No Responses

Dangote Donates N15b To University

Group President of the Dangote Industries Limited (DIL), Aliko Dangote, has announced the donation of N15billion to the Aliko Dangote University of Science and Technology, Wudil(ADUSTECH), Kano State. Dangote, who is also the Chairman of the Aliko ...

May 11, 2025 No Responses

EFCC Arraigns Man Over N70m Fraud

The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, Awolowo Road, Ikoyi, Lagos, on Thursday, May 8, 2025 arraigned one Ntai Bagshaw and his company, Terraworks Limited before Justice I. O. Ijelu of the Lagos State...

May 10, 2025 No Responses

Nigerian Navy To Deploy Six Ships For Exercise Obangame

The Nigerian Navy has concluded plans to deploy six ships and two helicopters for the 2025 Exercise Obangame. This was disclosed on Friday by the Chief of the Naval Staff, Vice Admiral Emmanuel Ogalla, who inaugurated the annual Exercise Obangame...

May 10, 2025 No Responses

NASCON Shareholders Okay N2 Per Share Dividend

The Management of NASCON Allied Industries Plc, has attributed significant growth in the dividend payout by 100 per cent to N2 per share and the company’s impressive run during the year, ending December 31, 2024, to the successful expansion of...

May 9, 2025 No Responses

Profile Of First American Pope, Leo XIV

Robert Francis Prevost, the first pope from the United States, has a history of missionary work in Peru but also a keen grasp of the inner workings of the Church. The new Leo XIV, a Chicago native, was entrusted by...

May 9, 2025 No Responses

Dangote Petroleum Visits NNPC GCEO, Ojulari

The Group Chief Executive Officer, Nigeria National Petroleum Corporation Limited (NNPC Ltd), Mr. Bashir Bayo Ojulari, on Thursday, received a delegation from the Dangote Petroleum Refinery & Petrochemicals (DPRP), led by the President/CEO of th...

May 8, 2025 No Responses

Senate Passes Two Tax Reform Bills

The Senate has passed two out of four major tax reform bills, marking a significant milestone in the ongoing overhaul of the nation’s tax administration framework. The two bills, one seeking to repeal the Federal Inland Revenue Service (Establishment) Act...

May 8, 2025 No Responses

Customs Boss To Journalists: Leverage AI For Better Governance

The Comptroller-General of the Nigeria Customs Service, Adewale Adeniyi, has called on journalists to harness the power of Artificial Intelligence (AI) to enhance public governance and reinforce the media’s role in society. Speaking in Lagos durin...

May 7, 2025 No Responses

NGX Group, Market Stakeholders Honour Pascal Dozie

Captains of industry, financial leaders, and dignitaries on Tuesday gathered at the Nigerian Exchange Group House for an Afternoon of Tributes and Special Closing Gong Ceremony in honour of late Dr. Pascal G. Dozie, OON, CON, former President of the...