Nigeria: AfDB Group Provides $400,000 Grant for SEC
The African Development Bank (AfDB) Group has signed a $400,000 grant agreement with the Securities and Exchange Commission of Nigeria (SEC) to strengthen securities market regulation and broaden market instruments. The funds will go towards strengthening the risk-based supervision framework,…
DHL Industrial Projects Supports Historic Inter-continent Move of 676 Passenger Coaches
DHL Industrial Projects, a unit of DHL Global Forwarding that manages complex project logistics, deep sea chartering activity and heavy-lift cargo, is supporting Dunakeszi Járműjavító Kft with the transportation of the largest order of rolling stock in the history of…
Governor Abubakar Sani Bello Moves to Boost State IGR
By: Sadiq Muhammad Asa Governor Abubakar Sani Bello of Niger State has inaugurated 28-members State and Local Governments joint revenue committee to improve revenue generation of the state. According to the Chief Press Secretary to the Governor of Niger State,…
Sense and Economics of Asaba Airport Concession
By Rebecca Ejifoma On Tuesday, February 23, 2021, the Asaba International Airport entered a new epoch, becoming the first brownfield airport concession in Nigeria. The concession was described by Governor Ifeanyi Okowa of Delta State as a breakthrough in his…
How Oil Industry Loses Investments to Non-passage of PIB – Okowa Reveals
Delta State Governor, Senator (Dr) Ifeanyi Okowa, on Monday gave insights to how Nigeria’s oil industry had lost substantial investments due to delay in the passage of Petroleum Industry Bill (PIB). Okowa stated this when he received on courtesy visit,…
NNPC Cautions Against Hoarding, Panic Buying, Says No Increase in Fuel Price in March
The Nigerian National Petroleum Corporation (NNPC) has ruled out any increment in the ex-depot price of petrol in March, 2021 contrary to speculations of imminent increase in the price of Premium Motor Spirit (petrol) in the country. A press release…
How States Can Recoup Investment in Airports Using Delta State Example
By Lawani Mikairu Last Tuesday, the Delta State government signed a concession agreement with a consortium of private companies to manage and run the Asaba Airport for a period of 30 years. Aside from the companies upgrading the infrastructures at the…
VP Calls for Cryptocurrency Regulations, Speaks on FG’s Planned 300,000 Housing Units Per Annum
Nigeria‘s Vice President Yemi Osinbajo, SAN, has said that rather than adopt a policy that prohibits cryptocurrency operations in the country, “we must act with knowledge and not fear” and develop a robust regulatory regime that is thoughtful and knowledge-based….
Delta Govt Throws Light on Airport Concession, Approves Construction of More Roads
Delta State Government on Thursday said Asaba International Airport was not sold but only concessioned for 30 years to make for its adequate upgrade into a world-class airport, by the concessionaire. The Commissioner for Information, Mr Charles Aniagwu, made this…
Nigeria Exits Recession, Records Positive GDP of 0.11% in Q4 2020
Nigeria’s Gross Domestic Product (GDP) grew by 0.11 per cent (year-on-year) in real terms in the fourth quarter of 2020 (Q4 2020), representing the first positive quarterly growth in the last three quarters, according to the National Bureau of Statistics…
DG Tasks Corps Members On Modern Trends In Agriculture
Corps Members engaged in the mandatory National Youth Service Scheme of the federal government have been advised to equip themselves with modern trends in agricultural practices. National Youth Service Corps (NYSC) Director-General, Brigadier General Shuaibu Ibrahim gave this advise today…
