AfrikNews

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Onne Customs Generate N54.1bn Revenue, Record N443m Seizures In 6 Months

Onne Customs Generate N54.1bn Revenue, Record N443m Seizures In 6 Months   The Nigeria Customs Service (NCS), Port Harcourt Area II Command, Onne Port, has announced a revenue of N54.1bn and seizures worth N443m between January and June this year. The Head of the Command, Comptroller Galadima Saidu, who made this known in a chat […]

Shipowners Support FG’s Move To Ban Importation Of Foreign Built Vessels

Shipowners Support FG’s Move To Ban Importation Of Foreign Built Vessels   Ship owners and major stakeholders in the maritime industry have applauded the federal government’s plan to ban the importation of foreign built vessels into Nigeria, in its bid to promote ship-building in the country. The stakeholders described the move as the maritime industry’s […]

NAMA Ready To Enhance Airspace Communication With AIS

NAMA Ready To Enhance Airspace Communication With AIS   The Nigerian Airspace Management Agency (NAMA) has recorded another milestone with the digitalisation of the nation’s aeronautical information service (AIS). For the full utilisation of the project, NAMA recently commenced the installation of prefabricated pilot joint briefing offices nationwide to keep them abreast with the new […]

NIRSAL’s Commodity Initiative Gets N70bn Boost From Ecobank

NIRSAL’s Commodity Initiative Gets N70bn Boost From Ecobank The Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending has signed a memorandum of understanding with Ecobank on N70bn portfolio commitment to agribusiness projects initiated by NIRSAL. The facility will be drawn down in series, with the pact effectively kicking off with an initial N15bn agribusiness financing provision […]

Submit Production Data Or Lose Export Permits, FG Threatens Oil Firms

Submit Production Data Or Lose Export Permits, FG Threatens Oil Firms The Federal Government, through the Department of Petroleum Resources, has said oil companies that fail to submit their crude oil production data to the National Production Monitoring System will not be given export permits starting from next year, among other sanctions. The DPR gave […]