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Category: Economy

Business Economy

Dangote signs $450m sugar deal with Niger state

Iheanyi Ejiofor August 24, 2017 headline

Dangote Group has signed a $450m Memorandum of Understanding with Niger State Government to develop an integrated sugar industry in Lavun Local Government Area of the state. Alhaji Aliko Dangote…

Read More Dangote signs $450m sugar deal with Niger state
Economy Maritime

Secured ports will attract investors – NPA MD

Iheanyi Ejiofor August 24, 2017

An enhanced security profile at the port would attract sustained investments to the sector and put the country in line with the dictates of International Maritime Organisation IMO)’s regulations SOLAS…

Read More Secured ports will attract investors – NPA MD
Economy Maritime

Customs, NEPZA collaborate to harmonise operations

Iheanyi Ejiofor August 24, 2017

Towards making the Free Trade Zones in the country more efficient in their operations, the Nigeria Export Processing Zones Authority (NEPZA) and Nigeria Customs Service (NCS) have reached agreement to…

Read More Customs, NEPZA collaborate to harmonise operations
Economy Maritime

Iheanacho warns of disruption of fuel distribution if Apapa gridlock persists

Iheanyi Ejiofor August 24, 2017

A tank farm owner and the Chairman of Integrated Oil, Capt Emmanuel Iheanacho has raised an alarm over possible disruption of petroleum products across the country if the malignant Apapa…

Read More Iheanacho warns of disruption of fuel distribution if Apapa gridlock persists
Economy

FG, states, LGs share N467.8 billion in August as revenue drops

Iheanyi Ejiofor August 23, 2017 headline

The federal government, states and local governments shared N467.8 billion in August, the Minister of Finance, Kemi Adeosun, said on Tuesday. This indicates a shortfall in revenue by N184.2 billion…

Read More FG, states, LGs share N467.8 billion in August as revenue drops

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