AfDB invests $171m in Nigerian education …To tackle unemployment by establishing investment bank African Development Bank (AfDB) has invested more than $171million in education in Nigeria. Also, the bank has equipped no fewer than 50 million young Africans with skills, particularly in science, technology, engineering and mathematics. The President of the bank, Dr Akinwunmi Adesina, […]
UK funded CFA Nigeria amasses pipeline projects worth $445m UK Government-funded Climate Finance Accelerator (CFA) Nigeria has opened a call for proposals for the Climate Finance Accelerator (CFA) Nigeria programme. CFA Nigeria is a climate finance country platform designed to directly respond to the urgency and scale of the climate crisis in Nigeria, by mobilising […]
MARAN hails Moltok’s appointment as NPA Image Maker The Maritime Reporters Association of Nigeria (MARAN) has congratulated Mrs. Josephine Moltok on her appointment as the General Manager, Corporate and Strategic Communications, Nigerian Ports Authority (NPA). A press statement signed by the duo of Acting Chairman, Mr. Gboyega Oni and Acting Secretary, Mrs Pearl Ngwama, commended […]
MWUN denies involvement in truck drivers’ extortion Maritime Workers Union of Nigeria (MWUN) has absolved itself from the claims of extortion, vandalism and harassment levelled against it by the Council Of Maritime Transport Unions and Associations (COMTUA). MWUN in a press statement signed by its Secretary General, Com. Felix Akingboye and titled, ‘TOO MANY LIES […]
KLT Customs grows revenue to N44.3b in 2022 despite challenges In spite of certain inhibitors that slowed down business activities at Kirikiri Lighter Terminal Customs command of the Nigeria Customs Service, the command was able to shore up its revenue to N44.36 billion in 2022. This feat represents 21 per cent increase when compared to […]
Volume of PoS transactions fall by 2% Volume of Point of Sales (PoS) transactions fell Month-on-Month (MoM) by two per cent to 85.2 million in December 2022 from 86.7 million in November, 2022. However, the value of PoS transactions rose MoM by 8.8 per cent to N826.3 billion in December from N759.28 billion in November […]
Ogun II Customs command records N22.7b revenue in 2022 The Acting Customs Area Controller, Ogun 11 Customs Command of Nigeria Customs Service, Deputy Compt. Ahmadu Shuaibu has disclosed that the command generated a total revenue of twenty-two billion, seventeen million, one hundred and twenty-three thousand and eight hundred and thirty-six, thirty-two kobo (N22,017,123,836.32) between January […]
CGC Strike Force seizes N516m truck of Cannabis …Records N9bn seizures in 2022 The Comptroller General Customs Strike Force Team, Zone A, Lagos has announced the seizure of a truck load of Cannabis with a duty paid value of of five hundred and sixteen million, six hundred thousand naira (N516,600,000). The Team also seized various […]
The Comptroller General Customs Strike Force Team, Zone A, Lagos has announced the seizure of a truck load of Cannabis with a duty paid value of of five hundred and sixteen million, six hundred thousand naira (N516,600,000). The Team also seized various goods with a total duty paid value of nine billion, one hundred and […]
Airtel buys 5G Spectrum for $317m Airtel Africa PLC on Monday announced that its Nigerian subsidiary, Airtel Networks Ltd, has purchased additional spectrum for network expansion in Africa valued at $316.7million. Airtel Africa is a London-based, Africa-focused telecommunications company. Its subsidiary, Airtel Nigeria, purchased 100 megahertz of spectrum in the 3,500 megahertz band from the […]