Crude oil, aviation fuel top import chart at Lekki deep-sea port
By Godwin Oritse Crude oil and other refined petroleum products dominated import activities at the Lekki Deep Sea Port in the first week of August, accounting for 1,867,712 metric tonnes of crude oil-based products brought into the country through the facility. Shipping documents obtained by Vanguard showed that petroleum products dominated imports through the Lekki Deep […]
Under capitalization bane of agro financing – BOA
The Management of the Bank of Agriculture (BOA) said the under-capitalization of the bank over the years undermined its capacity to fully deliver on its mandate, just as it disclosed that it has only received N30billion in 13 installments out of N50billion approved share capital since the merger of its legacy institutions in 2000.
Nigeria, China collaborate in marine science research
The Nigerian Institute for Oceanography and Marine Research (NIOMR), in collaboration with the Second Institute for Oceanography, Hangzhou, China, have successfully conducted a marine scientific research cruise in the Nigerian continental shelf.
Flour Mills to increase miling capacity
Flour Mills of Nigeria Plc, Thursday, said it plans to spend about N9.7 billion in the expansion of its milling plants across the country.
Nigerian trading system vulnerable to terrorism – Customs agents
THE National Council of Managing Directors of Licensed Customs Agents (NCMDLCA), have expressed their concern about Nigeria’s trading system and the economy that is vulnerable to terrorist exploitation due to the country’s cargo inspection (Destination Inspection) (DI) regime.
SMEs to get raw materials at cheaper rates soon – Council
The Raw Materials Research and Development Council has said that it was facilitating the availability of raw materials to Small and Medium Enterprises (SMEs) at cheaper rates.
