The Chairman, Senate Committe on Petroleum Industry Bill(PIB), Senator Sabo Mohammed Nakudu, has assured the nation that the National Assembly (NASS) would pass the much-awaited PIB in next two months. He gave the assurance in Lagos yesterday during the visit of the National Assembly Joint Committee on PIB […]

          The Secretary General of the International Maritime Organisation (IMO), Kitack Lim, has said that the NIMASA Marine Litters and Micro Plastic Action Plan would provide major support to ensure a clean and healthy ocean ecosystem not only in the Nigerian coastline but the entire region. […]

    By Chinenye Anuforo The Director General of National Information Technology Development Agency (NITDA), Mallam Kashifu Inuwa Abdullahi has said that regulating indigenous content development and adoption is one of the strategic pillars that is transforming Nigeria’s economy, as well as putting the country on the right track in […]

      By Chinwendu Obienyi The Chartered Institute of Stockbrokers (CIS), has again urged the National Assembly to pass the Chartered Institute of Securities and Investment Management (CISIM) Bill in order to enhance global competitiveness in Nigeria’s capital market. This was even as it said the Federal Government’s borrowing […]

      From Uche Usim, Abuja The International Monetary Fund (IMF) has advised the Central Bank of Nigeria (CBN) to take a gradual and multi-step approach towards establishing a unified and clear exchange rate regime with the near-term focus on allowing for greater flexibility and removing the payments backlog. […]

      Nigeria recorded about $5.1bn portfolio investments in the first nine months of 2020. Figures obtained from the National Bureau of Statistics revealed that while there was a significant investment of $4.3bn investments in the first quarter, investments in the second and third quarters reduced to $385.32m and […]

  By Chinwendu Obienyi The Non-performing loans (NPLs) ratio for Nigerian banks worsened in 2020 as it blew past the Central Bank of Nigeria (CBN)’s regulatory limits of five per cent to close at six per cent at the end of December 2020. This was contained in the apex bank’s […]

  The Debt Management Office (DMO) on Monday called for investments in the Federal Government of Nigeria (FGN) Savings Bond with two-year tenure and three-year tenure. The bond, DMO noted, is backed by the full faith and credit of the Federal Government of Nigeria and charged upon the general assets […]

      By Steve Agbota, styvenchy@yahoo.com 08033302331 The Coastal and Inland Shipping Act 2003, otherwise known as Cabotage Law, came into force in 2004. The primary aims of the law is to reserve the commercial transportation of goods and services within Nigerian coastal and inland waters to vessels flying the Nigerian flag, owned […]

    From Benjamin Babine, Abuja The Director General of the National Information Technology  Development  Agency (NITDA), Mr. Kashifu Abdullahi, has called on data controllers and processors in the country to comply with the March 15, deadline for the filing of Annual Data Audit Report. The DG who restated this during the […]