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Wednesday, September 23, 2020

Lagos, Fidelity Bank push for SMEs funding

The Lagos State government and Fidelity Bank have advised financial institutions to fund small medium enterprises (SMEs) because of their importance to economic development. The state Deputy Governor, Dr. Obafemi Hamzat, spoke at the inaugural edition of the grants competition organised at Fidelity SME...

Nigeria’s Lekki FTZ developer announces multi-million dollar expansion project in Kenya

Rendeavour, an urban land developer in Africa behind the development of Lekki Free Trade Zone (LFTZ) in Lagos, has announced the commencement of another multi-million dollar mixed-use development project in Nairobi, Kenya, known as Tatu City. The expansion, situated in 1,000 hectares of land, will...

Mining company cries foul over postponement of N.W.T. hearings

A mining company is concerned the postponement of public hearings on its NICO project could delay construction plans and add another year to a project that's already taken three-and-a-half years to review. Fortune Minerals Ltd. wants to build a cobalt-gold and bismuth mine at its...

Dangote resumes tomato paste production in Kano

London, March 8, 2019 (Naija247news)-In bid to take full advantage of the ban on tomato paste importation,the Dangote Tomato Processing Plant has resumed operation four years after the suspension of production at Kano factory, with a call on the Nigerian government to enforce importation...

Osinbajo signs two bills into law to enable SMEs access bank credit

The Acting President, Yemi Osinbajo, on Tuesday, signed into law two bills that have earlier been passed by the National Assembly. According to a statement by the Senior Special Assistant to the Acting President on Media and Publicity, Mr. Laolu Akande, the bills signed into...

Include local farmers In Formulating Agricultural Policies, Group advises FG

Dr Yakubu Ugwolawo, President, National Agricultural Production Cooperative Union of Nigeria (NAPCUN), on Monday, advised government authorities to involve farmers in the formulation of agricultural policies. Ugwolawo, made this disclosure in a statement issued at the end of the farmer’s cooperative stakeholders’ meeting in Abuja. He...

Nigeria: NNPC/Chevron JV Inaugurates Classroom Blocks in Delta Community

Warri — In line with its corporate social responsibility (CSR), Chevron Nigeria Limited and the Nigerian National Petroleum Corporation (NNPC) Joint Venture in collaboration with Delta State government has inaugurated a six-classroom block for the use of pupils of Abe 1 primary school in...

NigerStar 7 launches vessel to deepen Local Content in maritime segment of oil and gas industry

NigerStar 7, a frontline operator in the services section of the oil and gas industry has officially renamed and launched its newly acquired vessel. The new vessel which has been named NigerStar 7 Adaba will boost capability in the maritime segment of the oil...

FIRS outlines strategies to check circumvention of tax rules

The Federal Inland Revenue Service (FIRS) yesterday outlined measures to check circumvention of tax rules by companies practicing Base Erosion and Profit Shifting (BEPS) in Nigeria. BEPS refers to tax avoidance strategies that exploit gaps and mismatches in tax rules across countries to artificially...

NEPC to raise transparency, efficiency ratings to 100%

By Olayinka Olawale Lagos, Sept. 4, 2020 Mr Samuel Afolabi, Lagos Regional Coordinator, Nigerian Export Promotion Council (NEPC), says the council is committed to raising its transparency and efficiency rating to 100 per cent. Afolabi stated this during a stakeholders meeting on Feedback for the Review...
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