Nigeria Breaking News
Chairman of BUA Cement Plc, Nigeria’s second-largest cement company, Abdul Samad Rabiu, has disclosed that the company has perfected plans to commission its Obu Line 3 factory and Sokoto Line 5 factory by the first quarter (Q1) 2024 with a combined capacity of 6 million metric tons per annum. He made this known at the BUA Cement FY2022 Annual …
Lawmaker representing Oshodi Isolo II Constituency in the House of Representatives, Hon. Ganiyu Abiodun Johnson, has pledged to push for legislation that will compel the Federal Airports Authority of Nigeria (FAAN) to recognise and adequately compensate host communities of airports across the country for noise pollution and emissions from aircraft. Johnson, who argued that noise …
Ecobank Nigeria is offering special loan packages for parents and guardians to enable them pay school fees for their children and wards ahead of resumption for the 2023/2024 session, while making special infrastructure loans available to educational institutions. This, according to the bank, will equip them adequately for the new session. The bank also said …
The Governorship candidate of the All Progressives Congress (APC) in Delta State has pledged to revive the moribund Warri, Koko, and Burutu ports and other abandoned projects with a view to boosting individuals’ and the state’s economy if he emerges governor of the Saturday, March 11, 2023 gubernatorial and state Assembly elections. He made the …
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the country’s total annual upstream capital expenditure decreased from $27billion in 2014 to less than $6billion in 2022. The News Agency of Nigeria (NAN) reports that the Chief Executive of NUPRC, Mr Gbenga Komolafe, revealed this on the sideline of the World Petroleum Congress (WPC) in Calgary, …
The Ogun 1 command of the Nigeria Customs Service (NCS), on Monday, said that N1.51bn loss incurred by the smugglers in the last eight months would have improved Nigeria’s economy if channeled into legitimate trade. Giving his welcome address at a symposium organised by the Ipokia Local Government Youth Forum (IPYF), titled, “Smuggling and Hoarding …
Labour Party (LP) Presidential flag bearer, Peter Obi has canceled his planned campaign trips in support of the party’s governorship candidates to attend court proceedings with his lawyers. Obi who made this known on Wednesday morning via his verified Twitter handle said it is to give more attention to the mission of retrieving his mandate, …
The Nigeria Customs Service (NCS) and Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), have collaborated, in a bid to enhance Nigeria’s revenue generation and combat the persistent issue of revenue leakages. The Acting Comptroller-General of Customs, Bashir Adewale Adeniyi announced the groundbreaking partnership on Tuesday, October 3rd, 2023, at the Nigeria Customs Headquarters in Abuja. …
Nigeria”s electoral umpire has conducted the first round of 2023 elections defying it’s guidelines and conferring a controversial victory on the ruling APC Barely four days after declaring Bola Ahmed Tinubu winner of the presidential election, the Independent National Electoral Commission (INEC) has in it’s own result viewing portal uploaded figures contradicting earlier numbers on …
Comptroller Ajibola Odusanya, Customs Area Controller Lilypond Export Command on Wednesday, October 4th, 2023, engaged key stakeholders in a meeting on Efforts to Streamline Export Trade Processes and pave the way for increased foreign investment. The objective of the gathering was to foster a deeper understanding of the challenges faced by stakeholders in the export …