NPA Secures $700m Citibank Loan

NPA Secures $700m Citibank Loan

The Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello Koko, on Wednesday signed the Mandate Letter to secure a $700m Citibank loan to be funded by the UK Export Finance, UKEF. City Business News report that the loan is to...
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Shippers Council To Enforce Registration For Port Service Providers

Shippers Council To Enforce Registration For Port Service Providers

The Nigeria Shippers Council is to enforce registration for port service providers and users who have failed to register on the council’s online portal by the third quarter of 2024.The Executive Secretary of the NSC, Barr. Pius Akutah disclosed this...
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FG Begins Disbursement Of N200b

FG Begins Disbursement Of N200b

The Federal Government has commenced disbursement of the N200 billion Presidential Conditional Grant Scheme to verified applicants. The Bank of Industry had said it would be disbursing three categories of funding to support manufacturers and businesses across ...
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NDDC Completes Electricity Sub-Station In Edo State

NDDC Completes Electricity Sub-Station In Edo State

The electricity injection substation built by the Niger Delta Development Commission, NDDC, in Amufi-Ikpoba Okha Local Government Area in Benin City, Edo State, has been completed and is set for inauguration and hand over to the Benin Electric Distribution Com...
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Nigeria’s Inflation Rate Hits 33.20%

Nigeria’s Inflation Rate Hits 33.20%

Nigeria’s inflation rate jumped to 33.20% in March 2024 compared to February 2024 headline inflation rate which was 31.70%. This was according to the National Bureau of Statistics (NBS)’s Consumer Price Index (CPI) report released on Monday. “Looking at ...
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Iceland Lauds Nigeria’s Ongoing Economic Reforms

Iceland Lauds Nigeria’s Ongoing Economic Reforms

Iceland Honorary Consul to Nigeria has applauded the ongoing economic reforms being carried out by the administration of President Bola Tinubu.Iceland Honorary Consul to Nigeria, Jacky Hathiramani who stated his home government’s position at a press briefing...
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NDDC To Fast-Track Work On Army Jetty In Delta State

NDDC To Fast-Track Work On Army Jetty In Delta State

The Niger Delta Development Commission, NDDC, is to fast-track the construction of the Army Jetty and other projects being executed for the Nigerian Army at the 3 Battalion, Nigerian Army Barracks in Effurun, Delta State. Speaking while inspecting the project....
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Obaseki, Oborevwori, Igbinedion, Others Celebrate Ikimi At 80

Obaseki, Oborevwori, Igbinedion, Others Celebrate Ikimi At 80

The Edo State Governor, Mr. Godwin Obaseki; his Delta State counterpart, Sheriff Oborevwori; former Governor of Delta State, James Ibori; former Governor of Edo State, Lucky Igbinedion and the Esama of Benin Kingdom, Chief Gabriel Igbinedion were among dignita...
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FG Inaugurates 6,000 TEU Capacity Private Jetty, Container Terminal At Apapa

FG Inaugurates 6,000 TEU Capacity Private Jetty, Container Terminal At Apapa

THE Federal Government has inaugurated a newly constructed 6,000 TEU capacity private Jetty and Container Terminal in Apapa, Lagos. Mr Mohammed Bello-Koko, the Managing Director of the NPA, who commended the project during the inaugural ceremony on Monday, sai...
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Tinubu Approves Establishment Of National Health Fellows programme

Tinubu Approves Establishment Of National Health Fellows programme

President Bola Tinubu has approved the establishment of the National Health Fellows Programme, with young Nigerian fellows to be engaged in all the 774 local government areas in the country. This was made known in a statement by the President’s...
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Nigeria, Spain To Deepen Maritime Security Cooperation

Nigeria, Spain To Deepen Maritime Security Cooperation

The Spanish Ambassador to Nigeria, Ambassador Juan Ignacio Sell has declared that the Spanish Government is desirous to deepen cooperation with Nigeria through further collaboration with the Nigerian Maritime Administration and Safety Agency (NIMASA)...
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Lagos To Seal Supermarkets Over Non-Disclosure Of Price Tags

Lagos To Seal Supermarkets Over Non-Disclosure Of Price Tags

The Lagos State Government has directed supermarkets and grocery stores throughout the state to display price tags on all products, warning that failure to comply may result in the sealing of non-compliant establishments.   In a statement on its webs...
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Lagos-Calabar Coastal Road: Lagos Engages Land Stakeholders

Lagos-Calabar Coastal Road: Lagos Engages Land Stakeholders

Top officials from the Ministry of Tourism, Arts and Culture, led by the Commissioner for the Ministry, Mrs. Toke Benson-Awoyinka have sought the patience and understanding of residents of Iru area of the State, particularly those that would be affected...
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Pope Francis Urges Peace In Easter Message

Pope Francis Urges Peace In Easter Message

Pope Francis urged the world to resist “the logic of weapons” in his Easter message at the Vatican on Sunday, easing growing health fears as he greeted thousands of Catholics. The 87-year-old’s “Urbi et Orbi” (To the City and the...
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