Business and Economy
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FG committed to eradicating sea crimes – Dakuku; NIMASA undertakes surveillance training for security agencies
In its effort to rid the Nigerian maritime domain of criminalities, the Federal Government through the Nigerian Maritime Administration and…
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Afreximbank to leverage $1bn to support FDI flow into Africa
By Lucy Nwachukwu Abuja, Feb. 6, 2019 African Export-Import Bank (Afreximbank) has a vision to leverage one billion dollars in…
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Multilateral cooperation key to vessel safety, marine resources utilisation
The Director-General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, says the agency has created operational conditions…
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Obi brought SABmiller to Nigeria, not International Brewery — Aide
The Media aide to Peoples Democratic Party (PDP) Vice Presidential Candidate, Mr. Valentine Obienyem, has clarified the recent statement by…
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Nestle Nigeria changes water logo
By Emmanuel Afonne Abaji (Abuja), Jan. 30, 2019 Nestle Nigeria Plc has re-branded the logo of Nestle Pure Life, its…
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Maritime: Federal Government projects 10% growth in 2019 · As NIMASA predicts more shipping activities
The Federal Government on Tuesday projected a 10 per cent growth in the Nigerian maritime industry. This was contained in…
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Investment in refinery, petrochemicals driven by innovation, efficiency, says Dangote
LAGOS, Nigeria, January 28, 2019 The ongoing investment by the Dangote Group in refining, petrochemicals, fertilizer and gas is driven…
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NIMASA to unveil 2019-2020 Nigeria Maritime industry forecast
In a bid to continue to boost investors’ confidence in the Nigerian maritime sector, the Nigerian Maritime Administration and Safety…
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Maritime: Nigeria has ratified 40 Conventions, domesticated 19 international Laws – Peterside
The Director General, DG, of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dakuku Peterside, has disclosed that Nigeria has…
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Minimum Wage Bill scales first, second reading in Senate
The National Minimum Wage Bill (2019) on Thursday scaled both first and second reading in the Senate after which it…
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MPC retains MPR at 14% amid rising global, domestic risk; Raise concern on Nigeria’s debt level
By Racheal Ishaya Abuja, Jan. 22, 2019 The Monetary Policy Committee (MPC) of the Central Bank of Nigeria, CBN, has…
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Dangote feeds 30,000 IDPs in Zamfara
In yet another massive intervention, the Aliko Dangote Foundation Monday officially launched a major philanthropic programme in Zamfara State, doling…
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NIMASA pledges to redouble efforts to reposition maritime sector … Bags Federal Agency of the Year Award … Dedicates honour to stakeholders
The Nigerian Maritime Administration and Safety Agency (NIMASA) says it would intensify its efforts to reposition the maritime industry in…
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Konga, Visa partner to drive value offerings in e-commerce sector
E-commerce giant Konga has partnered with Visa, the world’s leader in digital payments to revolutionize the e-commerce sector in Nigeria.…
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NIMASA moves to address maritime security challenges
By Taiye Elebiyo-Edeni Abuja, Jan. 15, 2019 Dr Dakuku Peterside, the Director General (DG) of Nigerian Maritime Administration and Safety…
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Dangote says Truck that caused Ekiti accident not the company’s
Dangote Industries Limited (DIL) has denied the ownership of the truck that caused an accident in Iworoko Ekiti, in which 20…
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EFCC arrests Bishop for defrauding in God’s name; Runs Ponzi sheme
The Economic and Financial Crimes Commission, EFCC, Benin Zonal Office has arrested a Bishop and suspected fraudster, Giniko Obi,…
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MSMEs most important component for economic growth – Osinbajo
By Amen Gajira Minna, Jan.12, 2019 Vice President Yemi Osinbajo, says Micro, Small, Medium Enterprises (MSMEs) are the most important…
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Maritime sector growth: Dangote, Sifax boss hail fresh initiative … NIMASA Maritime Industry Awards Will Refocus Nigeria – Dakuku
The Chairman and Chief Executive Officer of Dangote Group, Alhaji Aliko Dangote, and the Group Executive Vice Chairman of SIFAX…
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Peter Obi: Of figures and their application By Jude Atupulazi
Make no mistake about this: the greatest challenge facing the Nigerian nation today is economic. With little else to rely on for…
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22 Nigerian scholars conduct research in Shell Sabbatical/ Internship Programme
Twenty-two members of the academia from 12 Nigerian universities have begun research attachments at The Shell Petroleum Development Companies of Nigeria…
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New minimum wage: Tambuwal calls for review of revenue sharing formula, backs NLC demands
Danjuma James, Sokoto Governor Aminu Tambuwal of Sokoto state has urged Labour Leaders in the country to intensify agitation for…
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CBN continues intervention in Forex market
ABUJA – The Central Bank of Nigeria (CBN) has continued its intervention in the inter-bank sector of the Foreign Exchange…
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World Bank President Kim quits Feb. 1
Washington, Jan. 7, 2019 (Reuters/NAN) World Bank Group President, Jim Yong Kim, will resign effective from February 1, more than…
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CBN makes first FOREX intervention for 2019 worth $210m
By Racheal Ishaya Abuja, Jan. 4, 2019 The Central Bank of Nigeria (CBN) on Friday made its first intervention in…
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