By Seun Ibiyemi The Federal Government on Tuesday, reiterated its commitment to the development of Electric Vehicles (EVs) in the country. The Permanent Secretary, Ministry of Industry, Trade and Investment, Dr Evelyn Ngige said this in Abuja during the Validation…
The Central Bank of Nigeria (CBN) has upgraded the eNaira by introducing a chip-enabled Near Field Communication (NFC) device into the eNaira. The NFC feature will enhance the use of the eNaira by Nigerians without smart phones or internet access.…
The National Agency for Science and Engineering Infrastructure (NASENI) is seeking investors that would collaborate with the Agency in local production and domestication of Lithium batteries among other renewable energy solutions. The Executive Vice Chairman/CEO of NASENI Dr, Bashir Gwandu…
By Seun Ibiyemi The Nigerian Ports Authority (NPA) says despite urgent need for reconstruction of the breakwaters at the Warri Pilotage District, the district still berths vessels. The Managing Director of NPA, Mr Mohammed Bello-Koko said this in a statement…
The Association of Nigerian Licensed Customs Agent (ANLCA) on Saturday said that the floating of the nation’s currency had caused a drop in vehicle importation in the nation’s ports. The agents also said that vehicles imported into the country were…
As a result of the recent enactment of the Nigerian Safety Investigation Bureau (NSIB) Act 2022 which necessitated the inclusion of new Amendments to its Regulations, the Bureau has invited stakeholders to a Consultative meeting scheduled for Tuesday, July 18th,…
Lagos State Governor, Mr. Babajide Sanwo-Olu, on Thursday, said the State Government will partner the Chartered Institute of Bankers of Nigeria (CIBN) to build youth capacity through the Human Development Capital Fund initiative of the institute. Governor Sanwo-Olu spoke during…
Dangote Cement has concluded plans to expand its production capacity through the construction of a new 6Mt integrated cement plant in Itori, Ogun State. According to the Group Managing Director, of Dangote Cement, Mr. Arvind Pathak, the new plant on…
By Seun Ibiyemi Nigeria has emerged as the seventh global liquefied natural gas (LNG) exporter in 2022, according to data from the International Gas Union (IGU). The World LNG report released by IGU on July 12 stated this fact. In…
By Matthew Denis The Federal Government through the Debt Management Office (DMO) has redeemed a total of $500 million Eurobond on its due date on July 12, 2023. This was contained in a statement made available to Nigerian NewsDirect on Wednesday. The…
