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Business and Economy

Revenue performance: Federal Government commends NIMASA …Finance Minister, AGF acknowledges Agency’s increased contribution to CRF.

The Federal Government through the Ministry of Finance and the Office of the Accountant-General of the Federation has commended the Nigerian Maritime Administration and Safety Agency (NIMASA) for its revenue performance in the past one year. The Minister of Finance, Mrs. Kemi Adeosun who disclosed this at a workshop in …

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Policing: An integral element of a viral maritime sector – NIMASA DG …Assures Nigerian Police Force of continuous collaboration

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has stated that effective policing is an essential component of the development and growth process of the Nigerian Maritime sector. The DG stated this while receiving a delegation of the Police Force, Maritime Command led …

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Sekibo, Alli, others to discuss ways of unlocking infrastructure financing at FICAN Conference

The MD/CEO of Heritage Bank Plc, Mr. Ifie Sekibo, the President/Chief Executive of the Africa Finance Corporation (AFC), Mr. Andrew Alli and other leading experts in the financial sector are expected to proffer solution to the challenges of infrastructure financing in the country, at the 2017 annual conference of the …

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FG restates support for investors in mining …wants community engagement done through state governments …..as Nigeria’s nickel discovery forms major highlights at Australia conference

The Federal Government has restated its support for the success of the nickel project as well as other genuine investors in the mining sector as a way of actualising its economic diversification plan. It however urged investors in the sector to engage and build mutually beneficial relationships with the host …

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Indigenous Nigerian companies, supported, can become huge multinationals – Chief Umeofia, Erisco Goup boss

TOPIC: MADE IN NIGERIA PRODUCTS: THE ONLY VEHICLE FOR SUSTAINABLE DEVELOPMENT A PAPER PRESENTED BY CHIEF ERIC UMEOFIA (IKUKU-OMA, AMICHI), PRESIDENT/ CHIEF EXECUTIVE OFFICER OF ERISCO FOODS LIMITED ON THE OCCASION OF THE 18TH MIKE OKONKWO ANNUAL LECTURE, AT SHELL HALL, MUSON CENTRE, ONIKAN, LAGOS ON TUESDAY SEPTEMBER 05, 2017 …

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FG, BOI launch N5bn funding support for Artisanal and Small Scale Miners …Ministry, BOI commit N2.5b each to fund …..beneficiaries to get between N100,000 to N100m

The  Ministry of Mines and steel Development has signed a Memorandum of Understanding  (MoU) with the Bank of Industry (BOI) for the management of a N5 billion fund in support  of Artisanal and Small Scale Miners in the country. Under the arrangement, the Ministry would contribute N2.5billion which would be …

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Nigeria is ready for investments in Creative Industry – Minister

The Minister of Information and Culture, Alhaji Lai Mohammed, says Nigeria is ready to receive investors in the Creative Industry, having created the enabling environment for investments through favourable economic policies. The Minister stated this in Abuja on Friday when he received a delegation from Huaxia Movie Distribution Group, the second biggest movie distributors in …

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Dangote signs $450million jumbo sugar production Memorandum of Understanding (MoU) with Niger State

     In another bold move for self-sufficiency in sugar production through the government’s backward integration policy, the Pan African Conglomerate, Dangote Group (www.Dangote.com) today in Minna, Niger State signed a Memorandum of Understanding (MoU) with the State Government for the establishment of a jumbo $450million state-of–art and fully integrated …

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Rivers is good for business – Ovia, Duke declare • As Wike showcases investment opportunities

Serial Entrepreneur and Business mogul, Chief Jim Ovia, Founder, Zenith Bank PLC, and Visafone Communications Limited has declared that Rivers State is richly endowed and good for business, based on his personal experience with doing business in the State. The declaration was made during the Showcase Session on Investment Opportunities …

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