Terminal operators seek reduction in Customs duty on vehicles

Terminal operators seek reduction in Customs duty on vehicles

The Seaport Terminal Operators of Nigeria (STOAN) has commended President Muhammadu Buhari for banning the importation of vehicles into the country through the land borders. STOAN Chairman, Princess Vicky Haastrup, while reacting to the ban announced by the Federal Government...
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NLNG commissions $2m laboratory at UNN

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...
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CIBN Photo News

CIBN Photo News

L – R Ms. Tinuade Awe, General Counsel and Head of Regulation Division, The Nigerian Stock Exchange (NSE) andProfessor Segun Ajibola, FCIB, President, Chartered Institute of Bankers of Nigeria (CIBN) Closing Gong Ceremony at the NSE on Monday.
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CBN faults alleged unilateral dollar allocation

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...
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Strategic roles of entrepreneurship in economic growth, by NPA boss

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...
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‘PayU’ payment system debuts in Nigeria

‘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...
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FG seeks protection of Cultural Heritage

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 ...
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Ogun State honours IITA, AATF and Bill & Melinda Gates Foundation for commitment to agriculture

Ogun State honours IITA, AATF and Bill & Melinda Gates Foundation for commitment to agriculture

The International Institute of Tropical Agriculture (IITA), African Agricultural Technology Foundation (AATF), and the Bill & Melinda Gates Foundation were  recently honoured by the Ogun State Government for their work on agricultural transformation in Og...
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‘Enabling policies for persons with disabilities are crucial to achieving SDGs’

‘Enabling policies for persons with disabilities are crucial to achieving SDGs’

People with disabilities are the world’s largest minority, says ILO Director-General Guy Ryder. However, their right to productive employment and decent work is frequently denied. Today, the United Nations and the world celebrate the International Day of Per...
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AfDB, UBA sign $150 million line of credit

AfDB, UBA sign $150 million line of credit

The African Development Bank Group (AfDB) and United Bank for Africa Plc (UBA) on Wednesday November 30, 2016, signed a $ 150 million loan agreement to finance infrastructure and SME projects, including women-owned enterprises in Nigeria. UBA Group Managing Di...
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NPA partners Port of Miami on export, trade facilitation

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...
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Minister explains role of creative industry in economic growth, recovery

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

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...
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ASEA re-elects Onyema, NSE CEO as President

ASEA re-elects Onyema, NSE CEO as President

The African Securities Exchanges Association (ASEA) held its 20th Annual General Meeting (AGM) on Sunday 27, November where the election of officers took place. At the meeting, Mr. Oscar N. Onyema, OON Chief Executive Officer (CEO) of the Nigerian Stock...
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