Dr. Abubarka Dantsoho BY GODWIN OBI In a bold move that promises to reshape Nigeria’s maritime future, Dr. Abubakar Dantsoho, Managing Director of the Nigerian Ports Authority (NPA), has unveiled an ambitious plan to increase the nation’s annual container traffic from 2 million to a staggering 7 million. This aggressiveContinue Reading
BY GODWIN OBI The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) to 27.50 per cent from 27.25 per cent as part of efforts to combat surging inflation. This followed the meeting of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN). TheContinue Reading
BY GODWIN OBI The Comptroller-General of Nigeria Customs Service, Bashir Adewale Adeniyi (right) cutting the tapes on the newly renovated and remodeled office complex of the Tin Can Island Customs Command on Tuesday, while the Area Controller, Dera Nnadi looks on The Comptroller-General of the Nigeria Customs Service (NCS), BashirContinue Reading
Minister of Marine and Blue Economy, Adegboyega Oyetola —Says Policy Would Eradicate Illegal Fishing, Other Unsustainable Practices BY GODWIN OBI The Minister of Marine and Blue Economy, Adegboyega Oyetola, on Tuesday, convened critical stakeholders in the maritime industry to a workshop in Ikeja, Lagos, aimed at developing a National PolicyContinue Reading
BY GODWIN OBI The President of the Nigerian Bar Association, Affam Osigwe, has expressed strong reservations of a recent remarks of the Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede over the role of lawyers in financial fraud. Osigwe, who acknowledged that no profession is entirely fromContinue Reading
BY GODWIN OBI The National Assembly, on Monday, questioned President Bola Tinubu’s request for loan requests as some revenue-generating agencies of the Federal Government disclosed that they had already surpassed their budgetary revenue target for 2024. The Chairman of the Federal Inland Revenue Service, Zacch Adedeji, said the Federal GovernmentContinue Reading
BY GODWIN OBI Nigeria’s Gross Domestic Product (GDP) has grown by 3.46 per cent in real terms in the third quarter (Q3) of 2024 on a year-on-year basis. This is according to a Monday GDP report published by the National Bureau of Statistics (NBS) which showed that the growth representsContinue Reading
BY GODWIN OBI The Managing Director/Chief Executive Officer of Nigeria Deposit Insurance Corporation, Bello Hassan, has reassured customers of the failed Heritage Bank that their funds in the bank are safe. Hassan gave this reassurance at the 2024 NDIC Editors Forum held in Lagos on Saturday. The NDIC boss, whoContinue Reading
BY GODWIN OBI The Minister of Aviation and Aerospace Development, Festus Keyamo, says his ministry has complained to the National Security Adviser, Nuhu Ribadu, over the harassment some Nigerians face at the hands of some security agents stationed at various airports in Nigeria. Keyamo, who was a guest on ChannelsContinue Reading
BY GODWIN OBI The Federal Government of Nigeria and Fundação Getulio Vargas (FGV) of Brazil have signed a Memorandum of Understanding (MOU) to advance private sector development in fertiliser production, hybrid seed technology, and agricultural finance. According to a statement from the Nigerian Presidency and signed by the Director (InformationContinue Reading