Gulf of Guinea Piracy Raises Concerns among EU Shipowners

Gulf of Guinea Piracy Raises Concerns among EU Shipowners

Continued piracy, armed robbery attacks and kidnapping for ransom events in the Gulf of Guinea (GoG), and particularly off Nigeria, are still worrying European shipowners. According to the latest International Maritime Bureau (IMB) Piracy report in total 33 vessels were boarded...
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Nigeria explains availability of yams for local consumption as export to Europe begins

Nigeria explains availability of yams for local consumption as export to Europe begins

The Minister of Agriculture and Rural Development, Chief Audu Ogbeh has assured Nigerians that “There is no need to panic about the possible non-availability of yams for local consumption” as export begins.    According to the Minister, “There has neve...
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Certified yams from Nigeria arrives in U.S as Senegal, Mali indicate interest

Certified yams from Nigeria arrives in U.S as Senegal, Mali indicate interest

The Minister of Agriculture and Rural Development, Chief Audu Ogbeh was in a  celebration mood on Saturday as he announced the successful arrival of the first consignment of certified yams from Nigeria to the United States of America (USA).  ...
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Export of certified yams from Nigeria to U.S, U.K, begins June 29

Export of certified yams from Nigeria to U.S, U.K, begins June 29

Barring any last minute adjustment, Nigeria will formally export its first consignment of certified yams to the United Kingdom and United States of America on the 29th of June, 2017.   According to the Minister of Agriculture and Rural Development,...
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Edo to boost forex with rubber

Edo to boost forex with rubber

Edo State Governor, Mr. Godwin Obaseki has declared his administration’s readiness to reposition the state at the vanguard of rubber production and processing in order to increase foreign exchange earnings.  This was as he received the management of the Rub...
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LCCI Photo News

LCCI Photo News

L-R: Mr. Ken Abazie, Chairman, Lagos Chamber of Commerce and Industry (LCCI) Petroleum Downstream Group; Dr. Mrs. Nike Akande, President, LCCI; Mr. Ikem Obih, Representative of the Minister of State for Petroleum and Group Executive Director/COO, Downstream, N...
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TUC condemns call for removal of minimum wage from concurrent list

TUC condemns call for removal of minimum wage from concurrent list

The Trade Union Congress of Nigeria (TUC) has condemned reported call for the removal of National Minimum Wage from the Exclusive list to the Concurrent list by “the House of Representatives in a bill being sponsored by one of its...
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LCCI Automobile and Allied Sectoral Group gets new Chairman

LCCI Automobile and Allied Sectoral Group gets new Chairman

The Automobile & Allied Sectoral Group of the Lagos Chamber of Commerce and Industry (LCCI has elected Mr Bambo Adebowale, to steer the ship of the group and take charge of its affairs for the next two years. This followed...
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Minister restates FG’s commitment to ease of doing business in Nigeria

Minister restates FG’s commitment to ease of doing business in Nigeria

The Minister of Information and Culture, Alhaji Lai Mohammed, has reiterated the Federal Government’s commitment to improving Nigeria’s ranking in the World Bank Ease of Doing Business Index, saying the current ranking of 169 out of 190 countries ...
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NSE partners DMO, lists $1Billion FGN Eurobonds

NSE partners DMO, lists $1Billion FGN Eurobonds

The Nigerian Stock Exchange (NSE) will on Thursday, March 2, 2017, list $1 billion Federal Government (FGN) Eurobond issued under Nigeria’s newly established Global Medium Term Note programme. The 15-year domestic Sovereign Eurobond priced at par and at a co...
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Nigeria seeks improved trade relations with U.S.

Nigeria seeks improved trade relations with U.S.

The U.S. Chamber of Commerce’s U.S.-Africa Business Center Tuesday hosted the Nigerian Minister of Industry, Trade and Investment Dr. Okechukwu Enelamah for a roundtable discussion with U.S. business executives at their office in Washington, D.C. The convers...
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WFTU President arrives in Nigeria, to interact with trade union leaders

WFTU President arrives in Nigeria, to interact with trade union leaders

The President of World Federation of Trade Unions (WFTU), Comrade Mzwandile Michael Makwayiba  arrived in Lagos, Nigeria  on Monday on a three day working visit. On Tuesday, 24th January, Makwayiba is scheduled to meet with Nigerian affiliates and other lead...
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LCCI Photo News

LCCI Photo News

Caption: from left to right – Dr. Keneilwe L. Sebego, Director General, Office of the Premier, North-West Province, of South Arica; Mr Darkey Africa Ephraim, Consul General of South Africa in Nigeria; Chief Dr. Mrs Nike Akande, CON, President, Lagos...
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Export Expansion Grant resumes in 2017

Export Expansion Grant resumes in 2017

The Export Expansion Grant (EEG), which was suspended in 2014 following allegations of widespread abuse and the accumulation of significant liability on the Negotiable Duty Credit Certificate (NDCCs), will resume in 2017, Minister of Industry, Trade and Invest...
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