In a bid to fast-track the process of achieving the Final Investment Decision (FID) on the Nigeria-Morocco Gas Pipeline, the Federal Government has intensified discussions with the Kingdom of Morocco. The discussion which held on Wednesday, 24th January, 2024, on…
WEF2024: At Davos, BRI Highlights Ultra-Micro Holding’s Role in Driving Inclusive Growth
While Indonesia is poised to become a high-income country by 2041, global economic challenges have hindered its progress, resulting in stagnant economic growth, limited national credit expansion, and persistent extreme poverty rates. To tackle these challenges, Sunarso emphasized the need…
Customs Lilypond Command processed exports worth $701.8m in 2023 – Area Controller
The Lilypond Export Command of the Nigeria Customs Service (NCS) says it processed 688,097 metric tonnes of export goods with Free-On-Board (FOB) worth $701.8 million in 2023. The Area Controller of the command, Comptroller Ajibola Odusanya, said this at a…
Ministers, customs CG deliberate on phasing out physical inspection of cargo
The ministers of Marine and Blue Economy, Adegboyega Oyetola, Transportation, Sen. Ahmed Alkali and Comptroller General of Customs, Bashir Adeniyi has agreed phasing out physical inspection of cargoes at the ports. They, in a resolution in Lagos on Monday noted…
The Alternative Bank Delights Customers with Exclusive Seasonal Product
Ahead of the festive period, The Alternative Bank is offering customers an innovative financial product designed to enhance the holiday experience. This pioneering solution – AltMall, allows individuals to instantly acquire desired items and pay in manageable instalments, freeing up…
Polaris Bank increases African financial services; enrolls on PAPPS
Polaris Bank, Nigeria’s leading digital retail Bank, has enrolled in the Pan-African Payment and Settlement System (PAPSS). The cross-border financial infrastructure empowers the Bank’s existing and potential customers to execute trade and payments across Africa seamlessly. The inter-African trade payment…
Nigeria–Germany Partnership Expand as President Tinubu Witnesses Signing of $500M Renewable Energy Pact and Gas Export Agreement
The burgeoning economic partnership between the Federal Republic of Nigeria and the Federal Republic of Germany witnessed further expansion and strengthening as two important agreements were signed between Nigerian and German businesses on Tuesday. Speaking in Berlin, Germany, at the…
President Tinubu to Investors: Nigerians are the Greatest Asset and Advantage we have over other nations
President Bola Tinubu, on Monday, in Berlin, Germany, told international investors that beyond Nigeria’s natural resources, the people of Nigeria, who are highly educated, highly skilled, and naturally industrious are the primary asset and advantage the country wields over other…
NEITI: Revenue Generating Agencies Remitted N14.38 Trillion to the Federation Account in Two Years
₦5.42 trillion disbursed to the Federal, State and Local Governments Mineral Revenue contributed N6.40 trillion Non-mineral revenue contributed N4.80 trillion The Nigeria Extractive Industries Transparency Initiative (NEITI) says the Federal government revenue generating agencies remitted a total of about…
AFEX obtains $26.5m from British International Investment to address food security in Nigeria, Kenya and Uganda
Partnership will enhance agricultural productivity and improve food security Multiplies storage capacity, develops processing capacity and creates jobs 20 new AFEX warehouses will improve access to markets, facilitate trade and contribute to a potential increase of over 200 per cent…