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 workers to FG: Deregulate but don’t sell Nigeria’s wealth to exploiters
As Nigeria inches towards full deregulation of the oil sector, the National President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), FRANCIS JOHNSON, says its members are fully in support of the planned deregulation of the sector by the Federal Government. But he is quick to warn that the action should not result in handing over the common wealth of Nigeria to a few shylock businessmen out to further exploit Nigerians.
Traders fault plans to relocate fuel tankers to trade fair complex
Traders at International Trade Fair Complex along Lagos-Badagry Expressway have rejected the proposed plan by the State Government to relocate fuel tankers and trucks to the market.
Dangote buys back former subsidiary to save over 3,000 jobs
Dangote Industries Limited (DIL)’s decision to buy back its former subsidiary, Tiger Branded Consumer Goods (TBCG) was informed by the need to prevent the company from going under and save over 3,000 jobs of Nigerians.
NEPC seeks removal of regulations impeding non-oil exports
THE Nigeria Export Promotion Council, NEPC, has called for removal of regulations that are hindering the growth of non-oil exports.
National Corporate Governance Code to be operational in 2016 —FRC
The proposed National Code of Corporate Governance (NCCG) for the country would be operational by June 2016.
CBN allows new businesses borrow from N220bn MSME Fund
The Central Bank of Nigeria (CBN) has reviewed the guidelines for the N220 billion Micro, Small, and Medium Enterprises (MSME) Fund to allow new businesses (start-ups) borrow from the fund.
MAN charges CBN to stop funding Bureaux de Change
THE Manufacturers Association of Nigeria, MAN, has charged the Central Bank of Nigeria, CBN, to stop funding the Bureau de change market.
Photos: Hiphop star Akon to introduce Africa’s first solar-powered football pitch
The technology, which was invented by a British engineer called Laurence Kemball-Cook, consists in placing more than 90 electronic tiles under an artificial turf. Each time a player steps on a tile, he generates 7 watts of kinetic energy.
Emefiele promises robust economy, stable currency in 2016
Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele says the apex bank is evolving additional measures to boost the nation’s economy and stabilise the naira.
Atlantic Energy repositions for the future
Atlantic Energy Drilling Concepts Nigeria Limited, an indigenous exploration and production company, said it is undergoing a holistic transformation aimed at placing it on a good pedestal to compete in the nation’s oil and gas industry. This followed the approval by the Presidency for the implementation of the company’s debt repayment plan, which before now has prevented it from operating optimally as an exploration and production company.
