Business

In recognition of the remarkable improvements demonstrated by the Nigerian Ports Authority (NPA) in advancing the frontiers of trade facilitation, the Port Management Association of West & Central Africa (PMAWCA) has conferred the hosting right of its 43rd Annual Council and 18th Managing Directors’ Roundtable on the NPA. The gathering...

The House of Representatives Committee on Aviation, Tuesday disclosed that it’s will deeply engage and synergize with stakeholders to give Nigerians the democratic dividend of a highly innovative and productive Aviation industry in the Country. The Chairman of the Committee, Hon. Eroyitomi Thomas made the promise at the inaugural meeting...

The president of the Senate, Dr Godswill Akpabio, says with careful planning and execution, Nigeria can meet the Organisation of Petroleum Exporting Countries (OPEC) quota of 1.8 million barrels per day. Akpabio spoke at the National Assembly Capacity Building Workshop organised by the Independent Petroleum Producers Group (IPPG) and the...

The acting Managing Director and Chief Executive Officer of Abuja Enterprise Agency (AEA), Mr. Chudi Ugwuada-Ezirigwe has declared  that payment of taxes is not a punitive measure, but rather part of citizens obligation to enable government embark on provision of social services and infrastructural development for the overall benefit of...

The House of Representatives, on Wednesday directed an investigation into all the financial interventions in the power sector since privatisation, with a view to determining whether the funds were judiciously utilized. The House equally mandated its joint committee on Power to carry out the investigation and report back within six...

The House of Representatives, on Wednesday demanded the full enforcement of rules and regulations guiding the delay and unexpected cancellation of flights against erring airline operators. Whike condemning in strong terms, the flagrant delays, cancellations, and ill-treatment meted out to passengers  by the airlines in the Nigerian aviation industry, the...

By Augustine Aminu The House of Representatives has invited the governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso over the decision of the apex bank to lift FOREX restrictions on 43 items. The house also urged the Central Bank of Nigeria (CBN)to engage with other stakeholders within...

The Rural Electrification Agency (REA), says it has provided power to 7.5 million Nigerians to enhance energy security from 2020 to date. The Agency said it also initiated viable reform programmes to demystify its operations and promote probity in project execution for effective service delivery. This is contained in a...

The naira, on Monday, continued its depreciation streak at the parallel section of the foreign exchange (FX) market. The local currency began the week at N1,225 per dollar — weakening by N55 or N4.70 percent compared to the N1,170 it traded last Thursday. Bureaux De Change (BDC) operators, popularly known...

By Obansa Ibrahim, Lokoja The permanent Secretary, Ministry of agriculture and Food Security, Dr. Ernest Umakhihe on Saturday Commissioned the Agribusiness Incubation Center located at Federal University Lokoja. The commissioning took place on Saturday during the 6th and 7th Convocation ceremony of the institution. The permanent secretary, said that Government...