Nigeria News at Your Fingertips
Employs 661 Nigerian seafarers By Godwin Oritse THE Nigerian Liquefied Natural Gas Company, NLNG has said that it has completed about 83 percent of its Nigerianization process with a view to meeting the 100 percent target by 2022. In a statement, a subsidiary of the company, NLNG Ship Management Limited, NSML, currently has 661…
Say Kirikiri lighter terminal can take 11,000 empty containers By Godwin Oritse Sea port THE National Council of Managing Directors of Licensed Customs Agents, NCMDLCA, has petitioned President Mohammadu Buhari over the diversion of vessels to ports in the Eastern flank of the country saying that that the space at the Kirikiri Lighter Terminal, KLT,…
By Godfrey Bivbere & Sharon Obiakor CUSTOMS Brokers under the aegis of National Council of Managing Directors of Licensed Customs Agents, NCMDLCA have called on the Federal Government to utilise the empty space at Kirikiri Lighter Port to reduce the present congestion in Lagos Ports. The Council through its National President, Lucky Amiwero, noted that…
By Eguono Odjegba custom officers CONTROLLERS, Port Harcourt Area 1 command of the Nigeria Customs Service, NCS, Comptroller Mohammed Boyi, has said that the partnership between the NCS and the Economic and Financial Crimes Commission, EFCC, has strengthened. Boyi who played host to the Port Harcourt Zonal Head of the EFCC, Usman Imam, last week,…
Comptroller General of the Nigerian Customs Service, Col. Hameed Ali (read) COMPTROLLER General of the Nigerian Customs Service, NCS, Col. Hameed Ali (rted), has read the riot act to officers and men of the Murtala International Airport Command of the Service over involvement in any form of corrupt practices. The Customs boss told the officers…
BY KINGSLEY MOGHALU Introduction THE Ford Foundation, TBWA and C&F Porter Novelli, in partnership with Nnewi Chamber of Commerce have begun a great and necessary initiative by sponsoring and organizing the first Nnewi Investment Summit to develop a pathway to the revitalisation of Nnewi as a major manufacturing hub in Nigeria and Africa. I am…
CBN By Nkiruka Nnorom The recent increase in banks’ Cash Reserve Ratio (CRR) by the Central Bank of Nigeria (CBN) to 27.5 percent may frustrate the drive by the apex bank to increase credit allocation and stimulate growth in the real sector. Bismarck Rewane, Chief Executive Officer, Financial Derivatives Company (FDC) stated this in his…
No fewer than 5,741 candles were lit from South Africa to Afghanistan and the United States of America to Colombia, for a seminarian, Michael Nnamdi, who was murdered by kidnappers in Kaduna. Speaking at the funeral mass for Michael, on Tuesday the at Good Shepherd Seminary, Kaduna, Bishop Matthew Hassan Kukah said immediately the date…
CBN By Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria, CBN, has imposed foreign exchange, forex, restriction on the importation of milk into the country. The apex bank exempted and approved six companies for the importation of milk and other dairy products.They are: FrieslandCampina WAMCO Nigeria; Chi Limited; TG Arla Dairy Products Limited;…
By Peter Egwuatu For the ninth year in a row, Aliko Dangote of Nigeria has been declared as the wealthiest person in Africa, with an estimated net worth of $10.1billion. In the latest ranking of the world’s billionaires by Forbes, the American global media company, focusing on business, investment, technology, entrepreneurship and leadership, Dangote’s present…