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 […]
Nestle tops losers’ table, drags NSE indices down by 0.96%
Major highly capitalised stocks posted huge price losses on the Nigerian Stock Exchange (NSE) on Tuesday with Nestle topping the losers’ chart.
Senate approves $5.5bn FG to finance 2017 budget, refinance foreign debts
THE Senate has approved an External loan of $5.5 billion to enable the Federal government finance the 2017 budget and refinance the foreign debts.
FG signs $5.792bn contract for 3,050MW Mambilla power project
THE Federal government has described the 3,050megawatts hydro power project worth over $5.792 billion (about N2.096 trillion) in Taraba State as a new dawn in the nation’s power diversity and energy needs.
Hope rises for local content as ExxonMobil, NCDMB provide $975m, N61.18bn
There are indications that local content would be enhanced in Nigeria’s oil and gas industry as ExxonMobil and the Nigerian Content Development and Monitoring Board (NCDMB) have provided $975 million and N61.18 billion respectively to support indigenous operators.
NNPC vows to avoid scarcity of petroleum products
THE Nigerian National Petroleum Corporation (NNPC), has said it will continue to make petroleum products available in every part of the country to avoid scarcity and save Nigerians from unwarranted suffering.
