NESG: Nigeria’s high production costs threaten industrial competitiveness
By Favour Ulebor The Nigeria Economic Summit Group has warned that high production costs, unreliable electricity and poor logistics infrastructure are undermining Nigeria’s industrial competitiveness, calling for a council within the Presidency to coordinate industrialisation policies. Co-facilitator of the NESG, Lumun Feese, said Nigeria needed a coordinated approach to industrial development to address structural challenges […]
Vatebra equips youths with futuristic tech skills
Leading software solutions provider Vatebra equipped youthful tech buffs with hands-on software development and programming training at the maiden edition of its CODIFY meet-up held in Lagos recently.
Gelegele Seaport: China Harbour intensifies work, wraps preliminary phase
The Edo State Government has said that efforts to industrialise the state is gaining momentum as China Harbour Engineering Company Limited intensifies work on the development of the Gelegele Seaport in Benin City.
Customs to automate valuation of imported vehicles for uniformity
The Tin-Can Island command of the Nigeria Customs Service (NCS) said it is set to automate the valuation of imported vehicles into the country.
FG approves N90bn special economic zones development, targets N200bn revenue
THE Federal Government has approved N90 billion for the development of special economic zones across the country in line with its Economic Recovery and Growth Plan (ERGP), even as it targets N200 billion revenue at the end of the concession period.
Stock Exchange probes $1bn Unity Bank, Milost Global deal
A fresh twist in the aborted USD1 billion deal between Unity Bank Plc and Milost Global Inc of United States of America, surfaced, yesterday as the Nigerian Stock Exchange, NSE, commences investigations into the controversy.
