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 […]
Dangote Cement rewards shareholders with N753.8bn dividend, pays N45 per share
By Mather Godwin Dangote Cement Plc has announced a 50 per cent increase in dividend payout to shareholders, raising the dividend from N30 per share to N45 per share, which translates to a total payout of approximately N753.8 billion, reaffirming the company’s position as one of the most rewarding investments on the Nigerian Exchange (NGX). The […]
EBRD targets $1.5bn investments in Nigeria over 3 years
The European Bank for Reconstruction and Development (EBRD) has set a target of investing at least $1.5 billion in Nigeria over the next three years as it expands its operations in Sub-Saharan Africa. The projection was disclosed by the EBRD’s Managing Director for Sub-Saharan Africa, Ms Heike Harmgart, and the bank’s Country Director and Head of […]
Nigeria targets green industrialisation with critical minerals roadmap
By Yinka Kolawole Nigeria is positioning its vast critical mineral deposits as the foundation for a new wave of industrial growth, following the unveiling of a strategic roadmap designed to convert the country’s mineral wealth into investments in clean energy manufacturing and domestic value addition. The roadmap, presented by the Council for Critical Minerals Development in […]
Manufacturers embrace local sourcing, value addition to cut import dependence
By Yinka Kolawole Nigeria’s manufacturers are increasingly embracing local sourcing and value addition as a survival strategy to reduce dependence on imported inputs amid rising production costs that continue to undermine their competitiveness within the domestic and regional markets. Industry operators, however, warn that without lower financing costs, improved infrastructure, better logistics and stronger government support […]
Stransact to reward 100 varsity students nationwide
Stransact Chartered Accountants has announced plans to reward 100 outstanding graduating students from 20 top Nigerian universities under the Stransact Honours Roll, an initiative designed to recognise academic excellence and prepare high-performing graduates for the workplace. The programme will honour five exceptional final-year students from each university selected from the Times Higher Education (THE) World University […]
