NIMASA begins campaign to end war risk insurance on Nigerian bound cargoes.
Amidst the falling piracy incidence in the Nigerian waters and the Gulf of Guinea since February when the Nigeria Maritime Administration and Safety Agency (NIMASA) deployed the Integrated National Security and Waterways Protection Infrastructure popularly known as the Deep Blue…
Osinbajo, NNPC executives, others meet oil majors on PIB
Vice-President Yemi Osinbajo has met with some stakeholders in the oil and gas industry in continuation of the Federal Government’s consultations ahead of the passage of the Petroleum Industry Bill (PIB) currently before the National Assembly. A statement by Osinbajo’s…
FG shuns Lagos-Calabar, other internal rail scheme, flags off Kano-Niger $1.96bn
Unprecedented criticisms are currently trailing the decision of the Federal government as they signed a Memorandum of Understanding with Mota-Engil Group for the construction of the $1.959bn Kano-Maradi (Niger Rep) standard gauge rail project. This is coming barely two weeks…
Intels still strong, performing even as former VP, Atiku divests—Company
Following series of deals that began in December 2018 and concluded in 2020, core investor in Intels Nigeria Ltd., an oil and gas logistics company and former Vice President, Alhaji Atiku Abubakar has moved his stakes away from the company….
FG suspends VAT from airfares, aviation services
After more than three years of credible agitation by industry stakeholders, the Federal Government has again suspended the deduction of 7.5 per cent Value Added Tax (VAT) on airfares and other air transport services. The latest suspension order, scheduled to…
Rice, Poultry farmers kick as Buhari reopens major Nigerian land borders
Following the immediate reopening of shut Nigerian land borders by the presidency Wednesday, two leading agricultural bodies, the Rice Farmers Association of Nigeria (RIFAN) and Poultry Farmers of Nigeria (PFoN), have roundly condemned the move. According to them in two…
Buhari to Commission Lagos-Ibadan Railway Next Month
…Professionalism Key to Quality and Efficiency in Sector, Says Jamoh President Muhammadu Buhari is set to commission the newly constructed Lagos-Ibadan rail line by January 2021. Minister of Transportation, Rt. Hon. Rotimi Chibuike Amaechi, disclosed this on Thursday in Abuja…
Heritage Bank to engage 774, 000 jobs SPW Programme November 1st
…Participants’ to get N20,000 monthly allowance Heritage Bank Plc, Nigeria’s Most Innovative Banking Service providers is set to commence the account opening with Bank Verification Numbers (BVN) for the earmarked 774,000 participants of the SPW Programme in their branches,…
Zinox, Nigeria’s pride, technology behemoth, says Presidency
The Presidency has hailed the landmark strides of Zinox Technologies Ltd., a foremost indigenous technology giant, describing the company as Nigeria’s technology behemoth. This was disclosed by Femi Adesina, Special Adviser on Media and Publicity to President Muhammadu Buhari. The…
Ajani hails Shippers Council’s ease of doing business drive
The newly-appointed Permanent Secretary of the Ministry of Transportation, Dr. Magdalene Ajani today in Abuja commended the Nigerian Shippers Council for its promotion of the establishment of Vehicle Transit Areas (VTA) amongst other initiatives aimed at trade facilitation to boost…
