Customs to collaborate with NEPZA, others to boost nations economy

By Lucy Ogalue Nigeria Customs Service (NCS), says it will collaborate with Nigeria Export Processing Zones Authority (NEPZA) and Oil and Gas Free Zones Authority (OGFZA) to accelerate up Nigeria’s economic growth. The Acting Controller-General of NCS, Mr Wale Adeniyi made the pledge when NEPZA’s Managing Director, Prof. Adesoji AdesugbaContinue Reading

Nigeria set to re-position its destiny for greatness – Shettima

By Salisu Sani-Idris Vice President Kashim Shettima says Nigeria is at a new dawn to chart and re-position its destiny for greatness, considering the measures adopted by the President Bola Tinubu administration to diversify the nation’s economy. Mr Olusola Abiola, Director, Information, Office of the Vice President, in a statementContinue Reading

Russia reorienting its transport, logistic flows to Africa, says Putin

By Ikenna Uwadileke Russian President, Vladimir Putin says Russia is reorienting its transport and logistics flows to the Global South, including Africa. Putin said this at the ongoing 2nd Russia-Africa Economic and Humanitarian Summit in St Petersburg, Russia. “The North-South transport corridor that we are building is designed to provideContinue Reading

NAN Multipurpose Cooperative Society declares ₦16m profit, elects new officers

By Kadiri Abdulrahman The News Agency of Nigeria (NAN) Staff Multipurpose Cooperative Society Limited, has declared a profit of ₦16.09 million for the year July 25, 2023. The outgone President of the society, Mr Moses Uzoagba, said this at the 12th Annual General Meeting (AGM)/Elections of the society on ThursdayContinue Reading

Firm vows to promote Nigeria’s image through quality products export

By Aderogba George A manufacturing company based in Nigeria, Neveah Limited has said it would continue to protect Nigeria’s image in the international commodity market by exporting high quality indigenous metals and agricultural products. Mr Ibidapo Lawal, Founder and Chief Executive Officer of the company (CEO), said this in aContinue Reading

Afreximbank offers bn credit limit to Africans willing to invest in Russia

  By Ikenna Uwadileke The African Export–Import Bank (Afreximbank) on Thursday in St Petersburg, Russia,  announced a credit limit of three billion dollars to support African investors willing to exploit the opportunities in Russia. The President and Chairman Board of Directors of Afreximbank, Dr Benedict Oramah said this at theContinue Reading

How Russia-Africa trade increased to bn after 1st summit – Putin

By Emmanuella Anokam Russian President, Vladimir Putin, has said that Russia-Africa trade reached 18 billion dollars in 2022, which was necessitated by the first Russia–Africa Summit held in Sochi, Russia in 2019. Putin said this on Thursday at the ongoing Russian-African summit and Economic and Humanitarian Forum in St. Petersburg,Continue Reading

Stakeholders task Nigeria, firms on environmental governance

By Chinyere Joel-Nwokeoma Some stakeholders on Thursday said that Nigeria and corporates entities should reshape thoughts and actions and align future investment practices with the Environmental, Social and Governance (ESG) considerations. The stakeholders expressed the view at a workshop on: “ESG and Sustainable Finance – The Future of Investments”. TheContinue Reading