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Sunday, September 15, 2019

Shippers Council Saves Exporters, Importers N2.3bn

Shippers Council Saves Exporters, Importers N2.3bn   Exploring alternative dispute resolution options for shippers and other stakeholders in the maritime industry has fetched the Nigerian Shippers’...

FAAC Shared N3.84trn in First Half of 2019

FAAC Shared N3.84trn in First Half of 2019 Not less than N3.84trillion was shared by Federal, States, Local Governments and others between January and June...
cbn

CBN Charges ABCON To Play Stronger Role In BDC Sub-sector

CBN Charges ABCON To Play Stronger Role In BDC Sub-sector   The Central Bank of Nigeria (CBN) has advised the Association of Bureaux De Change Operators...

83m Litres Of Aviation Fuel Available, PPPRA Discloses

83m Litres Of Aviation Fuel Available, PPPRA Discloses   The Petroleum Products Pricing Regulatory Agency on Sunday said Nigeria currently has 83,898,511 litres of aviation fuel. It...

Oil rises as Saudi backs OPEC cuts to continue

Oil rises as Saudi backs OPEC cuts to continue Oil rose on Monday on expectations that Saudi Arabia, the world’s largest oil exporter, will continue...

Nigeria is dumping ground for obsolete technologies – NACETEM

Nigeria is dumping ground for obsolete technologies – NACETEM Nigeria has become recipient of obsolete and misfit technologies, a research carried out by the National...

Stock Market Downgrades Oando To Low-priced Stock

Stock Market Downgrades Oando To Low-priced Stock   The Nigerian Stock Exchange has announced the reclassification of Oando Plc from medium-priced stock to low-priced stock. Low-priced stocks...

Debt Burden Weighs on Africa fragile economic recovery—World Bank

Debt Burden Weighs on Africa fragile economic recovery—World Bank Africa’s pace of economic growth is set to pick up this year but the recovery remains...

Nasarawa, Firm In Partnership To Cultivate Rice Farm

Nasarawa, Firm In Partnership To Cultivate Rice Farm   Nasarawa State Government says it has signed a Memorandum of Understanding with Azman Rice Mills and Farms...

AfDB Signs Pact To Boost Fertilizer

AfDB Signs Pact To Boost Fertilizer   The African Development Bank and the African Fertilizer and Agribusiness Partnership have signed two grant agreements for the implementation...

Surcharges: African Shippers To Tackle Foreign Ship-owners

Surcharges: African Shippers To Tackle Foreign Ship-owners Members of the Union of African Shippers’ Councils (UASC) have adopted stern measures to fight against surcharges imposed...

WACT Procures Additional Trucks, Reach Stackers For Onne Port

WACT Procures Additional Trucks, Reach Stackers For Onne Port   Barely one month after inaugurating two new Mobile Harbour Cranes worth $10 million at the Onne...

FIRS Contributed 60% Of FAAC Revenue, RMAFC Says

FIRS Contributed 60% Of FAAC Revenue, RMAFC Says The Chairman of the Revenue Mobilisation, Allocation and Fiscal Commission(RMAFC) Mr Elias Mbam, has said the Federal...

Arik Air resumes Warri flights

Arik Air resumes Warri flights Nigerian carrier Arik Air on Friday resumed flights to Osubi Airport, Warri, a few months after the airline suspended services...

In 3 Years, Aviation Fuel Price Rises By 143%

In 3 Years, Aviation Fuel Price Rises By 143%   Aviation fuel has in the last three years risen by about 143 per cent, information gathered...

NNPC Wants DSS’s Assistance On Debt Recovery, Vandalism

NNPC Wants DSS's Assistance On Debt Recovery, Vandalism   The Group Managing Director of the Nigerian National Petroleum Corporation, Mr Mele Kyari, has asked the Department...

Money Laundering: BDC Operators Advised To Embrace Self-regulation

Money Laundering: BDC Operators Advised To Embrace Self-regulation The Central Bank of Nigeria has urged Bureaux de Change operators in the country to embrace effective...

NNPC Assures of Adequate stock of Aviation Fuel

NNPC Assures of Adequate stock of Aviation Fuel The Nigerian National Petroleum Corporation (NNPC) has assured that it has enough stock of aviation fuel...

Merkel Optimistic for end to U.S.-China trade war

Merkel Optimistic for end to U.S.-China trade war German Chancellor Angela Merkel said at the start of a visit to Beijing on Friday that the...

NNPC To Grow Domestic Gas Utilization To 5bcfd By 2022

NNPC To Grow Domestic Gas Utilization To 5bcfd By 2022   The Nigerian National Petroleum Corporation (NNPC) has expressed its determination to aggressively grow domestic gas...