FG to resume suspended Export Expansion Grant before weekend to encourage exports
As part of Federal Government’s renewed efforts to grow exports, it will before the end of this week, reintroduce the key incentive scheme, Export Expansion Grant (EEG). This is likely to be activated with the paying of outstanding liabilities of…
IFFA steps up struggle to resuscitate ailing Lillypond Container Terminal
For more than a decade now, Lillypond Container Terminal had been enmeshed in low productivity and drop in container throughout. Though the Nigerian Customs Service (NCS) recently made some moves to see if it can be revived, observers say not…
Turkish Airlines begins mobile connectivity on-board, starts eXPhone service
As part of renewed efforts to deepen in-flight tailored services and further improve the comfort and satisfaction of its passengers, Turkish Airlines now offers “eXPhone” service for an uninterrupted communication during the flight. Turkish Airlines, which is Europe’s Best Airline…
Oil producers meeting in Kuwait to assess output cuts, possible rollover ends today
After about three months of cuts and exemptions, members of the Organization of Oil Exporting Countries (OPEC) and non-OPEC producers began meetings in Kuwait on Sunday to assess the impact of a milestone production cuts deal and to decide on…
NISA boss decries non presence of Nigerian players in crude oil lifting, CVFF delay
The continued discouragement of indigenous shippers due to the official silence of Nigerian Maritime and Safety Administration (NIMASA) in the disbursement of the Cabotage Vessel financing Fund (CVFF) domiciled in the agency has been fingered as one of the key…
Chi Farms seal deal to train fish farmers, supply accessories to grow industry in Nigeria
Leading agricultural conglomerate, Chi Farms has signed partnership agreements with all fish farmers to assure supply of high quality catfish juveniles, quality fish feed, and continuous technical support. This is coming after it has concluded the training and certification of…
Nigeria, Kenya, Ghana lead in 1,000 successful entrepreneurs for training by TEF this year
In keeping with its youth development and empowerment policy, the Tony Elumelu Foundation (TEF), an African philanthropic organisation has announced the selection of another 1,000 successful African entrepreneurs. In a statement TEF said the beneficiaries of the business training and…
Zenith Bank pays out total dividend of N63.422 billion
Even in the face of economic recession, leading money deposit bank, Zenith Bank Plc has secured the nod of its shareholders on the final dividend of N55.573 billion for the year ended December 31, 2016, bringing the total payout to…
