By Lucy Ogalue Godwin Akpovie, the Managing Director and Chief Executive Officer (CEO) of Delta Special Economic Zone, says financial insecurity and multiple taxation are major challenges facing manufacturing sector in the country. Akpovie disclosed this in an interview with the News Agency of Nigeria (NAN) on Wednesday in Abuja.Continue Reading
By Hussaina Yakubu Mr Chedi Wada, Comptroller, Nigeria Customs Service (NCS), Federal Operations Unit (FOU) Zone “B”, Kaduna has lamented that smugglers have been using fake presidential number plates to deliver vehicles across the country. According to Wada, they have also been dubiously using such fake number plates belongingContinue Reading
By Lydia Ngwakwe Firstbank of Nigeria Ltd. has cautioned Small and Medium-sized Enterprises (SMEs) against seeking financing from unlicensed money lenders generally referred to as loan sharks. Dr Abiodun Famuyiwa, Head, SMEs Banking and Money Transfer of the bank, gave the warning at Firstbank SMEConnect Webinar on Wednesday.Continue Reading
By Olanrewaju Akojede A Non-Governmental Organisation (NGO), GBS-Alliance for Africa Economic Development Initiative, (GBS-AAEDI), Florida, USA, on Tuesday called on Nigerians to support President Bola Tinubu in his economic recovery programmes. The group’s Chairman/Chief Executive Officer, Mr Bola Shonekan, made the appeal in an interview with the News AgencyContinue Reading
By Ginika Okoye Mr Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, has highlighted non-interest and equity financing as viable solutions to the prevailing global debt crisis. Edun said this at the maiden Securities and Exchange Commission (SEC) and the Islamic Financial Service Board (IFSB) internationalContinue Reading
By Rukayat Moisemhe The Lagos Chamber of Commerce and Industry (LCCI) has charged its 117 graduating entrepreneurs to use their technical knowledge and resilience to build strong communities and contribute to the sustainable development of Nigeria. LCCI President, Dr Michael Olawale-Cole, gave the charge on Tuesday in Lagos at theContinue Reading
By Fabian Ekeruche Stakeholders at the ongoing UN 28 Conference of Parties on Climate Change(COP28) have hailed the processes leading to the formulation of Nigeria’s Long Term Low Emission Development Strategy(LTS). They called on other developing nations to take a cue from it. This formed part of theContinue Reading
By Lucy Ogalue Equatorial Guinea has sought a partnership with Tiamin Rice, a leading rice mill in Nigeria, to foster sustainable agricultural development and enhanced food security across Africa. The Ambassador of Equatorial Guinea to Nigeria, Francisco Mague, said this in a statement issued by the company’s Business RelationsContinue Reading
By Olawunmi Ashafa The Federal Government has taken a significant step toward addressing the country’s power challenges by signing a historic memorandum of understanding (MoU) to launch a 1GW Solar PV Manufacturing plant in Nigeria. The agreement was reached at the ongoing 28th session of Conference of Parties (COP28) inContinue Reading
By Oluwatope Lawanson and Chiazo Ogbolu The Lagos State Governor, Mr Babajide Sanwo-Olu, has described the berthing of MV Great Lagos, largest container-RORO ship in Nigeria and West Africa sub-region, as an expression of confidence of the international community in Nigeria. Sanwo-Olu represented by his Deputy, Dr Obafemi Hamzat, saidContinue Reading
