Customs, agents disagree over National Single Window operations
By Godwin Oritse & Efe Onodjae There are indications of festering disagreements over the implementation of the National Single Window (NSW), a centralized digital portal launched by the Federal Government in March this year to address delays in import-export processing at the ports. It allows importers and exporters to submit trade documents once, replacing duplicate paperwork […]
Oil: Nigeria facing stiff competition from East African countries
Apparently referring to the non passage of the petroleum industry bill, PIB, the Managing Director of Total Upstream Company in Nigeria, Elizabeth Proust, said that Nigeria is fast losing oil exploration investments to East African countries.
UPDC REIT unit holders to get N1.4bn interim dividend
The Fund Managers of UPDC Real Estate Investment Trust (UPDC REIT), FSDH Asset Management Limited, has announced the payment of N1.4 billion interim dividend to the unit holders for the period ended June 30, 2014.
Manufacturers lose N22b to Shell gas cut
The cut in gas supply to no fewer than 87 manufacturing companies in the Agbara and Ota industrial belts of Lagos and Ogun states has cost manufacturers about N22b in the past three weeks, manufacturers, whose businesses have been affected, have cried out.
Elumelu, Dangote seek more local actors in oil and gas
Two Nigeria entrepreneurs, Alhaji Aliko Dangote, President Dangote Group and Mr. Tony O. Elumelu, Chairman,Heirs Holdings, have lent their voices to the call for more indigenous participation in the Nigerian Oil and Gas Industry.
CeBIH retreat examines PSV 2020 and policy regulation
Banking and E-payment experts will converge at the 2014 annual retreat of the Committee of E-Banking Industry Heads (CeBIH) to examine the role of policy regulation in the implementation of the Nigeria’s Payment System Vision 2020.
