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Tincan Port: Customs Intercepts Three Containers with Cannabis Indica Worth N682m 

Tincan Port: Customs Intercepts Three Containers with Cannabis Indica Worth N682m  The Nigeria Customs Service, Tincan Island Command, has seized three containers loaded with 684 packets of Cannabis Indica weighing 341.025kg valued at N682m. The Customs Area Controller in charge of the command, Dera Nnadi, disclosed...

1.46 billion litres of Petrol Produced by Local Refineries in Four Years – NBS

1.46 billion litres of Petrol Produced by Local Refineries in Four Years - NBS The National Bureau of Statistics says Nigeria could only produce 1.46 billion litres of petrol From 2015 to 2019 due to low refining capacity caused by the country’s inactive refineries. It disclosed...

World Bank, Ministry of Maritime Partner to Develop Blue Economy Sector

World Bank, Ministry of Maritime Partner to Develop Blue Economy Sector The World Bank Group has expressed its desire to partner with the Ministry of Marine and Blue Economy to develop Nigeria’s maritime sector. Announcing this in a statement on Wednesday, an aide to the Minister...

Offshore: FG Gives Fresh Tax Reliefs, Stops VAT on Diesel, Cooking Gas

Offshore: FG Gives Fresh Tax Reliefs, Stops VAT on Diesel, Cooking Gas The Federal Government has disclosed the provision of new tax reliefs for deep offshore oil and gas production to boost investments in the sector. It also announced that the importation of key energy products...

UNGA: Musawa Secures $200m Funding, Launches Investment Drive With ‘Destination 2030’

Hannatu Musawa, Nigeria's Minister of Arts, Culture & Creative Economy, has secured a $200 million financing facility for the country’s creative industry from the African Export-Import Bank (Afreximbank) during the United Nations General Assembly (UNGA) in New York, United States. 

Abiodun: Ogun State Is Emerging As Economic Powerhouse Of Nigeria

According to Ogun State Governor, Prince Dapo Abiodun, his state has begun emerging as the powerhouse in Nigeria through deliberate policies aimed at implementing local initiatives to transform the lives of the people, as well as supporting federal government policies for national development.