Fight Against Substandard Goods Hindered By Corruption – SON
The Director General of the Standards Organisation of Nigeria (SON), Mallam Farouk Salim has said corruption remains the bane in the agency’s fight against substandard goods in the country.
The DG also...
17 Years After, FG Seeks Investors For Abandoned Brass LNG Project
The federal government is shopping for new investors to revive the stalled Brass Liquified Natural Gas (BLNG) project, just as the Minister of State Petroleum Resources, Chief Timipre Sylva,...
NGX Launches First Exchange-traded Derivatives Market In West Africa
The Nigerian Exchange Limited (NGX) has launched West Africa’s first Exchange Traded Derivatives Market with Equity Index Futures Contracts.
It said in a statement on Friday that this was consistent with the Exchange’s...
PFAs Invest N74.54bn In Infrastructure
The Pension Fund Administrators (PFAs) invested N74.54bn in infrastructure out of the N13.76trn they received from the Contributory Pension Scheme at the end of February 2022.
This was contained in the latest figures obtained from the...
'15% Imported Vehicle Levy Illegal Under Finance Act'
Former member of the National Automobile Commission committee, Lucky Amiwero, has justified the 15 per cent levy imposed by the Nigeria Customs Service on imported vehicles illegal, saying that it contravenes the...
Partial Grid Collapse and Nigeria's Worsening Power Crisis, by Umar Farouk Ahmad
On April 8, 2022, the national electricity grid suffered a system collapse. And it happened not once, but twice in a spate of three hours.
Authorities of the Power...