The Heads of Procurement of the Multilateral Development Banks (MDBs), have collaboratively developed a comprehensive and user-friendly tool for enhanced transparency, credibility, and efficiency of procurement processes. The African Development Bank (AfDB) said this in a statement issued on its…
The Comptroller General Nigeria Customs Service (NCS), Adewale Adeniyi, has said the agency made N1.3 trillion in revenue in Q1 of 2024. In addition to the smuggling being stopped and trade facilitation being expedited, he attributed the success to the…
The Abuja Chamber of Commerce and Industry (ACCI) has commended Air Peace Airlines on the successful inauguration of its direct flights from Lagos to London. The ACCI President, Mr Emeka Obegolu, said this in a statement on Wednesday in Abuja.…
By Matthew Denis, Abuja In a bid to mitigate climate change in Nigeria, a leading agricultural technology company called ThriveAgric has signed a Memorandum of Understanding (MoU) with Acorn Rabobank on Wednesday to facilitate the sequestration of 1.3 million Metric…
The Private Telecommunications and Communications Senior Staff Association of Nigeria (PTECSSAN) has threatened to begin an indefinite strike on April 4. The union announced this in a statement signed by its General Secretary, Mr Okonu Abdullahi, on Tuesday. Abdullahi said…
The value of transactions on the stock market of the Nigerian Exchange Ltd.(NGX) went down by 13.81 percent on Tuesday after two days of Easter break Analysis of the market activities showed trade turnover settled lower relative to the previous…
The Nigerian Aviation Handling Company (NAHCO) says it plans to pay a final dividend of N2.54 per share to its shareholders for the 2023 financial year. The payment, slated for May 24, will be made electronically, and it is subject…
The Nigerian Railway Corporation generated N1.07 billion as revenue from passengers in Q4 of 2023, the National Bureau of Statistics (NBS) has said. This was contained in the NBS Rail Transportation Data for Q4 2023 released in Abuja on Monday.…
The National Association of Block Moulders of Nigeria (NABMON) has urged the Federal Government to reduce import duties on cement manufacturing components to attract more foreign investment in the sector. The National President, NABMON, Mr Adesegun Banjoko, gave the advice…
The founder of the Centre for the Promotion of Private Enterprise (CPPE), Dr Muda Yusuf, has said the upward adjustment of capital requirements for banks will improve their ability to manage risks and withstand economic shocks. Yusuf said this in…
