Tag: Foreign Exchange
Importing fuel from Niger Republic is no embarrassment – Sylva
Says fuel subsidy not completely gone
The minister of state for petroleum resources, Mr. Timipre Sylva has said that the federal government’s plan to resume...
National fleet will address capital flight – NIMASA DG
The director general of the Nigerian Maritime Administration
and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said that the creation of
a national fleet will end...
SIFAX launches investment and asset management subsidiary
The SIFAX Group has launched a new subsidiary, Sky Capital
and Financial Allied International Limited.
The new subsidiary is an investment and asset management firm
that offers...
Fuel importation gulps N2.95trn
The National Bureau of Statistics (NBS) has said that the
federal government spent N2.95 trillion on the importation of petrol in 2018.
NBS, in a new...
Two firms sign $3m smelting plant JV agreement
Ime Akpan
Two
companies, D Four Metals and Plastona Ltd have entered into a joint venture
agreement to establish an ultra-modern $3m (about N1,080, 000, 000) smelting
plant...
SON destroys over N22.7b worth of substandard goods in 2018
Ime Akpan
The director general of the Standards Organisation of Nigeria (SON), Mr. Osita Aboloma has said that the agency destroyed than N22.7 billion worth...
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