Chairman of Zinox Group, Dr. Leo Stan Ekeh, has commended the Federal Government on the recent signing of an Executive Order compelling its agencies to buy Made-in-Nigeria goods and services, noting that the move will go a long way in boosting indigenous businesses and the local content drive in Nigeria. The order, which was signed […]
Month: May 2017
Made-in-Nigeria Goods: Osinbajo to hold interactive session
The Presidency has promised to vigorously implement the new executive orders in its determination to significantly transform the business environment in the country. The spokesman to the Acting President, Prof. Yemi Osinbajo, Mr Laolu Akande, made this known in a statement he issued on Sunday to give update on the new orders signed last Thursday. […]
Heroin worth $36m seized
Bulgarian law enforcement authorities have seized 423 kg of heroin at Danube Bridge checkpoint near Vidin at the border with Romania, officials said in Sofia on Sunday. Georgi Kostov, Director General of the National Customs Agency, said at a press conference that the illicit drug, split into 400 packets, was discovered on Saturday morning in […]
Customs intercepts N37.2m expired fish at Idiroko creeks
Ogun Command of Nigeria Customs Service, NCS, has intercepted expired imported Croaker fish, loaded in two buses from the creeks at Idiroko, the border between Nigeria and Republic of Benin. The Command also seized a Mercedes Benz 2015 model S550, a Toyota Corolla 2009 model, Volvo truck and 483 bags of foreign rice along the […]
Kaduna Govt. to seal 6 firms over tax evasion
Kaduna State Internal Revenue Service (KDRIS) has said that it has obtained a court order to seal off the premises of Kaduna Electric and five other companies over failure to pay tax amounting to N216,367,453.64. The Executive Chairman of KDIRS, Muktar Ahmed, made this known during a press briefing on Saturday in Kaduna and explained […]
136 bank customers complain about N27.6bn wrong deductions
The Chartered Institute of Bankers of Nigeria (CIBN) says its Ethics and Professionalism Division received 136 petitions with claims that amounted to N27.6 billion from bank customers in 2016. The institute made this known in its 2016 Annual Reports and Accounts signed by the Registrar, Mr Seye Awojobi. The report was released on Saturday in […]
Nigerian banks not creating wealth: Umahi
Governor David Umahi of Ebonyi State has challenged banks in Nigeria to create wealth rather than concentrate on acceptance of deposits. Umahi made the call during an interactive meeting with the Financial Inclusion Strategy Implementation team of the Central Bank of Nigeria (CBN) at the Government House, Abakaliki on Thursday. The Governor, who was visibly […]
Osinbajo bans touting at all ports, Apapa Port to run 24/7
Acting President Yemi Osinbajo, SAN, has directed the resumption of 24-hour operations at the Apapa Port and outrightly banned touting by officials or unofficial persons at any port; be it air, land and sea ports in Nigeria. Prof. Osinbajo had on Thursday signed three Executive Orders dealing with the business environment, local content in public […]
Stolen Nigerian artifact found in Italy
The artifact that represented goddess of fruitfulness reluctantly released by Nupe people to Niger State Museum and stolen some decades ago, has been found in Italy. The Executive Director, Niger State Council for Arts and Culture, Mr Emmanuel Zhiri, made this known to the News Agency of Nigeria in Minna on Thursday. “This artifact was […]
General Electric to assemble gas turbines in Nigeria
General Electric (GE) has completed work on its $100 million gas turbine assembly plant in Nigeria. The plant which is expected to come on stream next year will boost electricity supply in the nation. Chief Executive officer of the company, Mr. Lazarus Angbazo, who confirmed the development in Lagos, yesterday, said GE wants to support […]