Business
Expert advocates digital substations for power distribution
Worried by the dilapidated state of substations nationwide, an expert has urged stakeholders to adopt the digital substation model to boost power distribution in the country. The post Expert advocates
NAICOM tasks MDAs on insurance patronage
The National Insurance Commission (NAICOM) has implored Federal Government’s ministries, departments and agencies (MDAs) to assist the industry to drive enforcement of compulsory insurances schemes in the country. The post
FOREX scarcity stifling volume of importation
Port operators, especially importers and licensed agents, have expressed worry that the scarcity of foreign exchange (FOREX) is stifling the volume of cargoes entering the country. The post FOREX scarcity
Apapa Customs facilitate N41.6bn exports in Q1 as revenue hit N159.5bn
The Apapa Command of the Nigeria Customs Service (NCS) said it facilitated exportation of goods worth N41.6 billion in the first quarter of 2021 via the Apapa Port despite the
Adebayo seeks better Nigeria-France business tie
The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, on Tuesday, called for the establishment of a Nigeria-France business council to enhance trade relations between the two countries. The
NGX records first listing, admits BUA’s N115 b bond
The Nigerian Exchange (NGX) Limited, the new operating exchange, yesterday, listed the first bond on its platform. The post NGX records first listing, admits BUA’s N115 b bond appeared first
BUA Cement to sustain competitiveness with bond issuance
BUA Cement Plc says it will sustain competitiveness with the N115 billion Series Fixed Rate Senior Unsecured Bond issue under the company’s maiden N200 billion bond issuance programme. The Chief
NEITI’s work improves Nigeria’s business environment ― Orji
By Obas Esiedesa The Executive Secretary of the Nigeria Extractive Industries Transparency Initiative, NEITI, Dr Orji Ogbonnaya Orji on Tuesday said the effort of the agency and its partner civil
Lack of funds, feedstock, hinder construction of 32 refineries
…We did not revoke licences – DPR By Udeme Akpan, Energy Editor AS Nigeria continues to record high level of expired refinery licences, experts, Tuesday, identified lack of funds and
Qatar to Invest $5bn in Nigeria, Says Foreign Minister Onyeama
The oil-rich state of Qatar is to invest $5 billion in the Nigerian economy, the Foreign Affairs Minister, Chief Godfrey Onyeama, has said. Onyeama, at a farewell dinner on Sunday
