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…
Natural gas set to ignite African economies
Ongoing discoveries confirm a growing energy opportunity for the continent – in export markets and to power domestic development The recent signing of an agreement to develop what has been called South Africa’s largest liquified natural gas project in Mpumalanga…
ELECTRICITY ACT: STAKEHOLDERS SEEK IMPROVED ENGAGEMENTS TO PUSH THE ENERGY TRANSITION
Energy experts earlier today called for better engagements between stakeholders including policy makers even as the electricity act has thrown up opportunities for Nigeria’s energy security. This call was made at the 2nd International Energy Conference of the Renewable Energy…
