Experts Lament Minimal Impact of Huge Crude Earnings as Exports Hit N123tn
Nigeria exported N123.3tn worth of crude oil between 2013 and 2022, a report on international shipping trade by the Nigerian Maritime Administration and Safety Agency showed.
The report titled, ‘The Role of the Maritime...
Nigeria Loses N36tn Annually to Untitled Land – Operators
Operators in the built environment have estimated that Nigeria loses about N36tn annually due to untitled lands.
The cost of land registration varies depending on the location. However, the average registration fee for a plot of land...
Over 100 Carriers Fold in 40 years – Keyamo
The Minister of Aviation and Aerospace Development, Festus Keyamo, has said the aviation industry has a high mortality rate, which caused the demise of over 100 airlines in the last 40 years.
Keyamo disclosed this during the...
Dangote Support's CNG Initiative, Invests $280m
The Dangote Group says it has invested over $280m in Compressed Natural Gas technology and infrastructure, saying it is in demonstration of its support for President Bola Tinubu’s CNG initiative.
In a statement on Sunday, the company said its $280m...
S/Arabia Raises $1.1B for Displaced Persons in Nigeria, Lake Chad
The Kingdom of Saudi Arabia, through King Salman Humanitarian Aid and Relief Centre (KSrelief), has hosted a Donors' Conference in Jeddah, raising over $1.1 billion in pledges to support displaced persons and refugees across the...
Nigeria to Establish Creative Economy Development Fund
The federal executive council (FEC) has approved the establishment of the creative economy development fund (CEDF) and the implementation of the intellectual property (IP) monetisation pilot.
The CEDF aims to provide funding to creative activities through various financial instruments.
The...
