Trade facilitation: Customs unveils digital baggage import declaration
The Nigeria Customs Service, NCS has announced the deployment of a Simplified Baggage Import Declaration System at the Seme Area Command. This marks a new phase in its drive for digital innovation, trade facilitation, and improved passenger clearance processes. The initiative is designed to streamline baggage declaration, reduce clearance time, and enhance transparency for legitimate […]
Power: AfDB to invest $30m in off-grid energy
The African Development Bank (AfDB) has formed partnerships with Calvert Impact Capital (CIC), Global Environment Facility (GEF) and the Nordic Development Fund (NDF) to drive investments in off-grid energy across Africa.
Oilserv donates 66kVA generating set to Mopol 25, Azumini
As part of its Corporate Social Responsibility, Oilserv Limited, has donated a 66KVA generating set to the MOPOL 25, Azumini in Ukwa West Local Government Area of Abia State.
EEDC emerges first in 2017 NEMSA safety ranking
The Enugu Electricity Distribution Company (EEDC) has emerged overall first position in the 2017 Nigerian Electricity Management Services Agency (NEMSA) Safety ranking, indicating a leap from its fifth position in the 2016 NEMSA Safety ranking.
Nigeria loses $749m from OPA deals with five oil firms
Nigeria lost $749 million from Offshore Processing Arrangements, OPA, entered into with five companies in 2015, latest audit by the Nigeria Extractive Industries Transparency Initiative, NEITI, has revealed.
Nigerian banks accused of frustrating solar energy expansion
A solar energy expert and Chairman of AO Demarg, General Ademola Fadunsi, (rtd), has blamed banks for the slow pace of solar energy investments in Nigeria, saying the inability of banks to grant loans to investors in the sector had made investment difficult.
