PETER IFEDAYO

Nigeria has taken its first major step towards benefiting from the over $175 billion per annum carbon trade with the development of Nigeria’s Emission Trading Framework. The Minister of Environment, Barrister Mohammed Abdullahi, gave…

Bilateral trade between India and Nigeria grew to $14.95 billion between 2021 and 2022. Indian Minister of State for External Affairs, Shri Vellamvelly Muraleedharan also stated that Indian investments in Nigeria have grown to $20…

Following the successful signing into law the Advertising Regulatory Council of Nigeria (ARCON) Bill into law, Advertising Practitioners Council of Nigeria (APCON), has changed its name to ARCON. The Director General of the council,…

The Public Account Committee of the House of Representatives has ordered the management of the Nigeria Port Authority (NPA) to hold reconciliatory meeting with terminal operators in the seaports to determine the actual indebtedness of the…

The Bank of Industry (BoI) has announced the successful completion of a landmark €1billion guaranteed senior loan facility to further enhance its capacity to deliver on its mandate in line with the Federal Government’s economic…

Nigerian Ports Authority (NPA) has disclosed plans to procure a Vessel Tracking System (VTS) for the Lekki channel and other port locations in the country. The authority also explained its management was in discussions with Lekki Port…

Nigerian Communications Commission (NCC) has said that broadband penetration in the country has reached 44.30 per cent in readiness for the fifth Generation (5G) technology deployment. The Executive Vice Chairman of the commission, Umar…

The Badagry Port Development Limited (BPDL), the promoter of the Badagry Deep Seaport project has said that the project would generate $54 billion revenue, create about 250,000 jobs and attract an immense amount of foreign direct investment…

The national grid dipped by 6.7 per cent on Sunday to 3,935.8MW from 4,218.3MW recorded last Saturday. The drop in generation halted the national grid recovery that was hampered by the collapse recorded on 20th July, the sixth this year.…

Nigeria Customs Service (NCS) has arrested three Vietnamese and five others for attempted trafficking of 397.5kg pangolin scales and ivories through Nigerian port. According to National Public Relations Officer of NCS, Timi Bomodi, the…