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UK pays £1.7bn import fraud charges to EU
Great Britain ruled by King Charles III has agreed to pay the European Union princely £1.7 billion in reparation for stolen customs duties on imported goods, concluding payment of the £2.4 billion slammed on the Nigeria’s colonial master for fraudulent…
FG deploys Julius Berger on Oloibiri Center project
Sopuruchi Onwuka Federal government on Wednesday approved the award of the major contract for the building of the much awaited Olibiri Museum and Research Centre, in Bayelsa State. The museum is conceived to preserve the heritage and developments in the…
APC govs hamstring Emefiele, S. Court removes Naira swap deadline
Sopuruchi Onwuka The Supreme Court has temporarily suspended the imminent deadline for the phase out of old Naira notes from circulation, pulling crucial support from the efforts of the Central Bank of Nigeria (CBN) to rein in over N4.0 trillion…
Nigeria offers 4 unique incentives for tech investors __ Inuwa
Sopuruchi Onwuka Global investors interested in establishing in the Nigerian tech ecosystem have a guarantee of basic incentives that come with existing strong market base of some 200 million people. Director General of the National Information Technology Development Agency (NITDA),…
Nigeria bonds further plummet as S&P Global begins review
Sopuruchi Onwuka As another credit rating agency focuses on Nigeria, the country’s sovereign bonds value took a slip at the weekend as the impact of Moody’s negative rating continues to shake investors’ confidence. Market intelligence services indicated at the weekend…
NLNG, LCCI promote sustainable food security in Nigeria
Nigeria LNG Limited (NLNG), in partnership with the Lagos Chamber of Commerce and Industry (LCCI), on Wednesday presented the joint-winning works of The Nigeria Prize for Science (2022) to industry players in an effort to push agricultural innovations that can…
NCDMB boss receives Leadership Local Content Award
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote on Tuesday received the Leadership Local Content Champion of the Year Award at the 14th Leadership Conference and Awards held at the International Conference…
NCDMB pledges sustained African local content devpt
The Nigerian Content Development and Monitoring Board (NCDMB) is ever ready to support other African nations in developing and implementing local content policies as a strategy for improving indigenous participation and value optimization from hydrocarbons and mineral resources. The Executive…
Wabote emerges Leadership Local Content Champion of the Year
NCI Fund the most performing funding scheme The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has been selected as the recipient of the Leadership Local Content Champion of the Year Award by…
Cash crunch stalls transactions, fuel breaches as banks
Sopuruchi Onwuka Glitches in the phase out of old currency notes in the Nigerian markets have led to acute cash shortages, transaction failures and worsening hunger across cities; forcing desperate customers to breach security rules as they demand access to…
