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Ministry of Industry Trade and Investment

Hajiya Saratu Shafii, the Acting Registrar-General of the Corporate Affairs Commission (CAC)

Federal government appoints new acting registrar-general for CAC

The Federal Government on Tuesday appointed Hajiya Saratu Shafii as the Acting Registrar-General of the Corporate Affairs Commission.

P&ID scandal: Court orders arrest of Briton

In abid to upturn the $9.6 billion judgement award in favour of a firm, P&ID, the Federal Government may have begun moves to extradite a key director of the firm, Adam Quinn, to face trial in Nigeria.
The Federal Government on Tuesday, inaugurated the executive officers of the National Fish Association of Nigeria (NFAN), to boost fish availability in view of the Federal Government’s closure of all the nation’s land borders since August.

Border closure: Federal government moves to boost domestic fish production

The Federal Government on Tuesday, inaugurated the executive officers of the National Fish Association of Nigeria (NFAN), to boost fish availability in view of the Federal Government’s closure of all the nation’s land borders since August.
The minister of Finance, Budget and National Planning Mrs Zainab Ahmed disclosed this on Tuesday during her maiden meeting with top officials of the two merged ministries at the headquarters of Budget and National Planning in Abuja.

Fuel subsidy to gulp N450 billion in 2020 – minister

Minister for Finance, Budget and National Planning, Mrs. Zainab Ahmed, has said under-recovery of premium motor spirit (PMS), popularly referred to as fuel subsidy, will gulp N450 billion in 2020.

President Buhari mourns as Nigeria’s chief trade negotiator Chiedu Osakwe passes on

President Muhammadu Buhari on Monday mourned the death of the Director-General of the Nigerian Office for Trade Negotiations, Ambassador Chiedu Osakwe.

Federal government urged to increase tariff to discourage paint importation

The Federal Government has been urged to discourage activities that could lead to the importation of paints in the country by increasing tariff on anything that has to do with paint importation.

US experts boost ITF staff capacity in cyber security, mobile app devt, AI

Technology experts from the United States are training staff members of the Industrial Training Fund, ITF, on how to employ high level tech applications.

Ambassador Irele: French businesses were scared of visiting Nigeria

Nigerian Ambassador to France, Modupe Irele, has revealed that French companies were scared of visiting Nigeria to trade, invest or simply set up shop.
Bala Mohammed

Governor Mohammed, 17 Bauchi lawmakers submit assets declaration form

Former Reds star Danny Murphy believes Liverpool are not in danger of losing in-form forward Sadio Mane to Real Madrid despite apparent interest from the Spanish giants.

Federal government seals eight fuel stations for inaccurate pump metering

The Weights and Measures Department, Federal Ministry of Industry, Trade and Investment, on Thursday sealed eight fuel stations in Enugu State for inaccurate pump metering and under-dispensing of petroleum products.

Nigerian workers beg President Buhari on minimum wage

Workers in the Federal Capital Territory have begged President Muhammadu Buhari to sign the minimum wage bill submitted to him by the National Assembly on March 27.
Acting Finance Minister of Finance Zainab Ahmed

Federal government seals N186 million deal with Islamic Development Bank

The Federal Government on Saturday signed a $523,823 (N186 million) technical assistant agreement grant with the Islamic Development Bank (ISDB) Group, in Marrakesh, Morocco.
The President of the Senate, Dr Bukola Saraki has cautioned politicians against overheating the polity ahead the general elections.

Senate adjourns till April 9, to pass 2019 budget April 16

The Senate on Tuesday said it would pass the 2019 budget on April 16, and adjourned sitting for one week to give room for its committee to present reports on the budget.
Nigerians In Diaspora Organisation - NIDO

NIDO: Nigerians in diaspora largest contributors to national income

The Nigerians in Diaspora Organisation says it is the largest contributor to the country’s Gross National Income with an average of 23 billion dollars (about N7 trillion) sent home by its members annually.

Ministry: ERGP targets development of economic zones

The Ministry of Industry Trade and Investment, has said that the Economic Recovery and Growth Plan (ERGP) identified the development of Special Economic Zones (SEZs) as a major strategic tool to accelerate the implementation of the Nigeria industrial revolution plan (NIRP).
Okechukwu Enelamah

Ministry explains role of economic zones in industrialisation

The Ministry of Industry, Trade and Investment has stressed the importance of developing special economic zones by the federal government.
ladol free trade zone

Aisha Abubakar intervenes in LADOL Africoat crisis

The Honorable Minister of State under the Federal Ministry of Industry, Trade and Investment, Hajiya Aisha Abubakar, has intervened and successfully resolved the issues raised by Africoat Free Zone Enterprise, FZE, with Lagos Deep Offshore Logistic Base, LADOL.
African Export-Import Bank (Afreximbank)

Afreximbank inaugurates $1 billion programme to promote Nigeria’s intra-African trade

The African Export-Import Bank (Afreximbank) has inaugurated a one billion dollars Nigeria-Africa Trade and Investment Promotion Programme (NATIPP) to promote and expand trade and investments between Nigeria and the rest of Africa.

Recent Stories

Ole Gunnar Solskjaer insisted Manchester United were still heading in the right direction, but the manager is eager for improved results.

Ole Gunnar Solskjaer: Liverpool have not eclipsed Manchester United’s greatest teams

Manchester United manager Ole Gunnar Solskjaer will not call Liverpool the greatest team in Premier League history until they have the trophies to prove it. Manchester United manager Ole Gunnar Solskjaer will not call Liverpool the greatest team in Premier League history until they have the trophies to prove it.
The Nigeria Immigration Service (NIS) generated N39.06 billion in 2018 as against N35.72 billion it generated as local revenue in 2017, the National Bureau of Statistics (NBS) said.

Immigration intercepts 42 bags of smuggled foreign rice in Katsina

The Nigeria Immigration Service (NIS) says it has intercepted 42 bags of foreign rice at Kankara axis of Katsina State.
Gen Khalifa Haftar (left) meets the Russian foreign minister, Sergei Lavrov, in Moscow on Monday. Anadolu Agency-Getty Images

World powers in Berlin to seek elusive Libya peace

World leaders will gather in Berlin on Sunday to make a fresh push for peace in Libya, in a desperate bid to stop the conflict-wracked nation from disintegrating into a "second Syria".
President Muhammadu Buhari on Monday signed the finance bill into law.

President Buhari: Nigeria’s border closure not to spite neighbours

President Muhammadu Buhari has said that the partial closure of Nigeria’s borders was not meant to punish her neighbours, but to strengthen the country’s security and economy.

Report: Foreign rice in Nigerian markets now at 37 percent

In the survey and investigations carried out, Nigerian rice namely: Umza and Fursa Crown from Kano, Mama Happy from Niger, Labana Rice from Kebbi, Olam Rice from Nasarawa, Abakaliki Rice from Ebonyi, Ofada Rice from Ogun State, Swomen Dama from Plateau, Lake Rice of Lagos/Kebbi States among others have dominated the Nigerian Rice markets.