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Ports And Transport Network Upgrade Will Boost Trade -Analysts
Analysts at Cowry Asset Management Limited have stated that the country’s trade will improve if the government can upgrade transportation networks, ports, and streamline export procedures to ease logistics costs.
They said the firm’s…
Nigeria’s Functional Oil Drilling Rigs Rise To 16 – OPEC
The number of functional oil drilling rigs across the country increased marginally to 16 in February, data from the latest March 2024 Monthly Oil Market Report of the Organisation of Petroleum Exporting Countries has shown.
Figures…
Reps to finetune laws to encourage more direct foreign investments
By Gloria Essien, Abuja
The Deputy Speaker of the House Representatives, Hon. Benjamin Okezie Kalu has asserted the readiness of the parliament to amend the extant laws to give more confidence in investors and allow for direct…
Senate Dismisses Report on Exposing Fraud in Refineries Rehabilitation
... Kyari Reassures Nigerians Delivery Schedule Intact
Lagos Marks World Consumer Rights Day, Harps On Responsible AI Usage
By Luqmon Balogun, Lagos
Lagos State Government has warned that the advent of Artificial Intelligence in online and digital market must not be at the expense of the citizens' rights and well-being.
The Commissioner for…
MAN, LCCI, Others Commend Halt of Expatriate Employment Levy
The Manufacturers Association of Nigeria, Lagos Chamber of Commerce and Industry and the Centre for the Promotion of Private Enterprise have commended the Federal Government over its decision to halt the implementation of the Expatriate…
CAC to Partner with NFIU to Curb Illicit Financial Flow
The Corporate Affairs Commission has pledged to strengthen its relationship with the Nigeria Financial Intelligence Unit to ensure Nigeria exits the Financial Action Task Force’s grey list.
The Registrar-General and Chief Executive…
Nigerian Government To Tackle Power Deficit With Alternative Energy Sources
By: Chioma Eche, Abuja.
The Nigerian Government, says it will address power deficit in the country by using alternative energy sources, such as windfall, solar and mini-grids.
Nigeria's Minister of Power, Adebayo Adelabu,…
Trading: NGX Ends Week With Positive Sentiments
By: Salamatu Ejembi
The Nigerian Exchange Limited, NGX sustained positive sentiments all through the week with all five (5) trading sessions of the week ending with the benchmark index appreciating.
The NGX All-Share Index and Market…
Blue Economy Minister Proposes $1b Port Rehabilitation Investment
By: Shiktra Shalangwa
The Nigerian Minister of Marine and Blue Economy, Gboyega Oyetola has disclosed that the ministry has proposed a $1 billion investment for the rehabilitation of ports across the country.
The Minister…