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Business & Economy
FG gets $3.35bn IMF fund for 2022 budget
A reserve boost, ‘Special Drawing Right’ of $3.35 billion from the International Monetary Fund (IMF) will help the Federal Government fund next year’s spending shortfall, according to the Minister of Finance, Zainab Ahmed.
The Federal…
NIMASA, Customs agree modalities on fast delivery of Deep Blue Projects assets
The Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Customs Service have agreed on modalities for seamless and timely delivery of the Deep Blue Project assets currently at the ports.
The agreement was reached…
Police drag GTBank to court over N260million fraud
The Police Special Fraud unit (PSFU), has dragged Guaranty Trust Bank (GTB) Plc and two others before a Federal High Court, Lagos, over alleged $667,000 USD, fraudulently lodged with the bank.
Others joined with GTB Plc in a suit marked…
Cedarwood births Luxury Maisonette in Ikoyi
PWAN PLUS, owners of Cedarwood Luxury brand of terraces and apartments, has extended its message of luxury for all at an affordable cost in Ikoyi, Nigeria's number one highbrow location.
The cozy neighborhood goes aglow on Saturday, …
AfCFTA: Salim meets Alaba traders, insists on standards
Standards Organisation of Nigeria (SON) has tasked traders to uphold the highest quality standards for them to benefit from the African Continental Free Trade Agreement (AfCFTA).
The Director-General, SON, Mallam Farouk Salim, gave the…
Hurah! Jamoh clinches the 2020 Zik Prize
Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh has been named winner of the 2020 Zik Prize in Public Policy.
Making the announcement on Thursday, September 23rd, 2021, in Lagos, the…
Dangote: Execution of Sugar Master Plan could fetch Nigeria over $700m yearly
Chairman of Dangote Sugar Refinery Plc, Aliko Dangote has said that the National Sugar Master Plan (NSMP) when executed as designed could fetch the nation foreign exchange in excess of $700million yearly from the Backward Integration…
Beware! ‘Unity Bank is the headquarters of fraudsters’ –Civil servants lament over N134m scam
Civil servants in Ogun stormed a branch of Unity Bank Plc led by embattled Tomi Somefun in Abeokuta on Monday to protest the alleged diversion of their N134 million investment fund.
The aggrieved customers also lambasted the Managing…
NIMASA’s N50bn modula floating dock set to commence operation
As ICRC issues certificate of compliance
Says due diligence vital for project’s sustainability
Indication on Sunday was that the Nigerian Maritime Administration and Safety Agency's (NIMASA'S ) over N50 billion modula floating…
El Rufai applauds NIMASA’s CSR initiative, says Jamoh is an asset
Kaduna State Governor, Malam Nasir el Rufai commended the Management of the Nigerian Maritime Administration and Safety Agency (NIMASA) for initiating a corporate Social responsibility project mainly targeted at empowering internally…