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Cabotage Vessels Finance Fund
The Bank of Industry (BoI) has disbursed $82million to some indigenous investors for the purchase of ships. The cash covers support for companies involved in ship repairs and allied investments.
The Nigerian Shipowners Association (NISA) has raised a fresh alarm over an alleged missing $300 million from the Cabotage Vessels Finance Fund (CVFF) between 2008 and 2015.
Seplat Petroleum is to acquire London-listed Eland Oil & Gas for £382 million ($486,163,760.00) in a bid to scale the business and grow in Nigeria, according to the boards of the companies.
The Osun State House of Assembly and its Oyo State counterpart, are now set to resolve the ownership crisis rocking the jointly-owned Ladoke Akintola University of Technology, Ogbomoso and its teaching hospital, Osogbo.
Lagos State Governor, Babajide Sanwo-Olu, has written to the state House of Assembly, seeking for the re-ordering of the 2019 budget.
Suleiman Adamu, Minister of Water Resources, on Tuesday criticised federating states in the country, over what he described as poor investments in water and sanitation schemes.
Oil prices rose on Wednesday, tracking gains in equities, as investors pinned hopes on a potential Brexit deal between Britain and the European Union and on signals from OPEC and its allies that further supply curbs could be possible.
An FCT High Court , Maitama, on Thursday struck out a N500 million aggravated suit filed by former Spokesman of Boko Haram, Ali Konduga.
English singer, songwriter, pianist, and composer, Sir Elton John, has described how his addiction to cocaine led to his developing “unusual” sex habit.
A yet-to-be-identified young lady on Thursday escaped lynching by an irate mob over alleged snatching of the manhood of three men in a bus belonging to the Bus Rapid Transit scheme at Onipanu Bus Stop in Lagos State.
Democratic presidential aspirants on Tuesday night took U.S. President Donald Trump to the cleaners over his controversial decision to withdraw American troops from the northeast region of Syria.
The First Lady, Aisha Buhari, has called for urgent action to protect the girl child from abuses.