BoI renews commitment to agro-processing financing
The Bank of Industry (BoI) has pledged more funding support to industrialists in Edo State to enable them to create value for their agricultural produce.The Managing Director of the bank, Olukayode Pitan, gave the assurance on Wednesday at a meeting with the Edo State Governor, Godwin Obaseki, at the Government House, Benin City. The…
MAN, Negris partner to end power challenges in industrial firms
The Chairman, Economic Policy Committee, MAN, Reginald Odiah, explained that the partnership will see Negris supply reliable power to manufacturing outfits in Ikeja and environs on agreed terms.
Clearing agents lament huge demurrage caused by Apapa roads
The National President, NCMDLCA, in a letter to the Acting President, Prof. Yemi Osinbajo, which was obtained by The Guardian, requested for some waivers on goods that are already held up in Apapa and Tin-Can ports in Lagos as a result of the bad roads.
NPA to enforce 24 hours operations at ports
NPA Managing Director of Hadiza Bala Usman, said her management is determined to ensure total adherence to the Presidential order concerning 24 hour operations at the Ports.
‘Why Nigeria is missing out in $408b global ceramic industry’
Noting that tiles alone accounted for about 34 per cent or $136 billion market share, Oaikhinan said technological innovation remained key in the development of global leadership in the ceramic tiles industry by Italy and Spain.
‘Nigeria needs national will to drive power sector’
The Council Director, Prof John Ifediora, said without a national will driven by the policymakers to classify the sector as the number one priority of the government, it may be difficult to fully address the challenges in the power industry.
CSCS pledges to diversify income streams for improved profitability
The Central Securities Clearing System (CSCS), a disaster recovery facility, which ensure business continuity, has pledged to diversify its income streams to boost profitability and increase shareholders ‘value.
Ondo Assembly passes budget, shoves up estimates by with N1b
Governor Oluwarotimi Akeredolu (SAN), had initially sent N169,720,580 billion but was jerked up to N170,846,580 naira with an increment of one billion, one hundred and twenty six thousand naira.
Group tasks government on funding, faults valuation contract
Olayinka Sonaike, who spoke with select journalists in Lagos, said ESVARBON would like to accomplish much like the expansion of its operational base, engaging more staff and equipping new offices, but it was incapacitated by lack of funding.