July 2018

Kaduna Inland Container to Attract N146bn cargoes

Nigeria stands to earn more revenue from cargoes worth N146 billion as land-locked countries can now import and export their transit cargoes at the Kaduna Inland Container Deport (KICD). This follows the approval of Form-M granted by the Central Bank of...
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Edo Lists more Tourist sites for Upgrade

The Edo State government has pencilled down more tourist sites and destinations for revamp, following the positive disposition of private developers to invest in the sector. Commissioner for Arts, Culture, Tourism and Diaspora Affairs, Mr. Osazee Osemwingie-Ero, disclosed this to...
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CNOOC Mulls $3bn in Nigerian Oil Operations

China National Offshore Oil Corp (CNOOC) is willing to invest $3 billion in its existing oil and gas operation in Nigeria, the Nigerian National Petroleum Corporation, (NNPC) said following a meeting with the Chinese in Abuja. During a visit to...
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Government Commences Negotiations with Boeing, Airbus

Minister of State for Aviation, Hadi Sirika has disclosed that the Federal Government had started negotiations with aircraft manufacturers and investors towards the unveiling of the national carrier at the ongoing Farnborough International Air Show in the United Kingdom. Sirika...
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National Auto Policy Revives 29 Licenced Assembly Plants

Five years after it was relaunched, the National Automotive Policy has yielded positive outlook with some of the licenced assembly plants becoming operational and attracting foreign investors. A statement by the Strategy and Communications Adviser to Minister of Industry, Trade...
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TaxiTV Raises Seed Fund From Beta.Ventures

TaxiTV, a Lagos based advertising-technology startup has secured an undisclosed amount of seed funding in a round led by Beta.Ventures. TaxiTV is an in-ride entertainment system startup founded in October 2017 by Akinbola Asalu, CEO, and Dami Osiyale, COO. The...
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Niger State Inaugurates Cassava Processing Factory

Gov. Abubakar Bello of Niger has inaugurated a cassava processing industry established at the cost of N150 million in Lokogoma, Wushishi Local Government Area of the state. The cassava industry was established under the International Fund for Agricultural Development Value...
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