Nigerian billionaire Aliko Dangote’s new fertiliser plant near Lagos will export its first shipment in late June or early July, to Louisiana, while the majority of exports from the plant are expected to go to Brazil, Dangote said on Tuesday.
Vice President Yemi Osinbajo has promised that the federal government will continue to interact and engage with the Organised Private Sector (OPS) in the country, with a view to improving the Nigeria’s business climate, knowing fully that the sector is the real engine room of growth and development.
Private jet owners risk having their airplanes impounded by the Nigeria Customs Service if they fail to verify their documents before July 6, 2021 when a month grace period would have expired.
A Federal High Court sitting in Abuja on Monday has given judgment on the case instituted by Obong Effiong Archianga and nine others, representing Ibeno Clan in Akwa Ibom State against the Nigerian National Petroleum Corporation, Mobil Production Nigeria Unlimited, and Exxon Mobil Corporation as first to third defendants respectively.
Undoubtedly, the demand for more food consumption is the case globally, mainly due to the increasing population year on year. One of the extreme challenges that Africa faces particularly Nigeria is that of feeding its growing population amidst other perennial issues.
The Nigeria Customs Service (NCS), says it will detain any defaulting privately owned airplanes at the expiration deadline of the July 7 , as part of the ongoing verification.
Nigeria recorded an increase in revenue from its solid minerals sector in 2019 as it earned N79.96bn from the industry during the period, data released on Sunday by the Nigeria Extractive Industries Transparency Initiative showed.
The revision of the import levy on cars from 30 per cent to five per cent by the federal government has taken a toll on the business plan of the Peugeot Automobile Nigeria (PAN).
The Independent Petroleum Marketers Association of Nigeria (IPMAN) Suleja/Abuja Unit, on Sunday, threatened to embark on a strike action over alleged extortion by officials of the Department of Petroleum Resources (DPR).
In an official statement, the bank announced that it recognised Criptoloja and Mind The Coin as “virtual asset service providers.”
A 2019 audit report of the Nigeria Extractive Industries Transparency Initiative (NEITI) has shown that Nigeria earned N79.96 billion from the solid minerals sector in 2019. The figure, which represents accruals to the federation and other subnational entities, shows a 15% increase when compared to the N69.47 billion recorded in 2018.
The United Nations (UN) has commended Nigeria for playing a leading role in efforts to secure the Gulf of Guinea, saying it will continue to support the country and the region.
The Women’s International Shipping and Trading Association (WISTA) Nigeria has urged women in the maritime Industry to explore investment opportunities in the African Continental Free Trade Agreement (AfCFTA) which came into full effect in January 2021.
“BA075 Lagos – We’re very sorry your flight to Lagos had to divert to Abuja due to local infrastructure issues in Lagos. Your new estimated departure time is on 19th June at 12:00 local time, arriving into Lagos at around 13:30 local time,” a statement from BA to customers, reads
Nigeria’s imports from China are rising exponentially, compared to other major trading partners, including Europe, Asia and America, data from the National Bureau of Statistics (NBS) has shown.
The auction comprises three bonds valued at N50 billion each. It includes a 10-year reopening bond to be offered at the rate of 16.2884 percent with maturity date of March 2027, a 15- year reopening bond to be offered at 12.5 percent with maturity date of March 2035, and a 30-year reopening bond to be offered at 12.98 per cent and mature in March 2050.
Namibia is seeking developers to build a 25 megawatt solar-power facility to source energy for its capital, Windhoek, and help counter an electricity shortage.
An official document released over the weekend, from the Dubai Media Office indicated that passengers from Nigeria were expected to have received a negative result for a PCR test taken within 48 hours before departure.
The Nigerian Exchange has halted trading in the shares of Guaranty Trust Bank (GTB) Plc, as the bank moves to its transition to a holding company.
The police in Jigawa State have arrested a shopkeeper, Ibrahim Haruna, for allegedly raping a six-year old girl in Hadejia Local Government Area of the state.
Notices appeared on Tuesday on a number of Iran-affiliated websites saying they had been seized by the United States government as part of law enforcement action.
The Federal High Court in Port Harcourt, Rivers State, has convicted and sentenced a Ponzi scheme operator, Umoren Edet, to seven years imprisonment for obtaining money under false pretence and issuance of dud cheques.
The police in Lagos have arrested a 35-year-old man for allegedly raping his two-year-old daughter and their maid.
Fatahu Muhammad, the member representing Daura Federal Constituency of Katsina State in the House of Representatives, has defended the suspension of Twitter from operating in Nigeria.
The Joint Admission and Matriculation Board (JAMB) has released the result of the 2021 Unified Tertiary Matriculation Examination (UTME) mock exam conducted on June 3.
UEFA has confirmed “several people” are being treated in hospital for injuries caused by a protester who parachuted into the stadium before France’s victory over Germany on Tuesday night.
Botswanan diamond firm Debswana said Wednesday it had unearthed a 1 098-carat stone that it described as the third largest of its kind in the world.
Sen. Teslim Folarin (APC-Oyo Central) says the All Progressives Congress (APC) in Oyo State is now stronger to reclaim the state from the Peoples Democratic Party (PDP) government in 2023.
Major chocolate traders in Ivory Coast are failing to pay a $400-per-tonne premium on beans aimed at curbing farmer poverty, the country's cocoa regulator said in a draft letter seen by Reuters on Friday.