Nigeria Links Presidential Jets Seizure to Industrial Contract Failures
A contract between Ogun State and Zhongshan to manage a free-trade zone was executed in 2007.
August 15, 2024
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Apapa Port Command Seizes 12 Containers of Expire Drugs, Others
(Industrial Times, Nigeria) Today, the Comptroller-General of the Nigerian Customs Service, commended Babatunde Olomu, the Customs Area Controller for Apapa Command, and the officers working with him for the seizures of twelve containers of smuggled expired products through the port, in recent months. CGC Adewale Adeniyi, also advised port users to embrace only legitimate trade…
Nigeria, Equatorial Guinea Signs Deal for Gas Pipelines
(Industrial Times, Nigeria) President Bola Tinubu’s discussions with the President Teodoro Mbasogo of Equatorial Guinean, resulted in a signed agreement on a gas pipeline for the Gulf of Guinea. This is disclosed in a statement on Thursday, by Ajuri Ngelale, the president’s spokesman. “The Gulf of Guinea gas pipeline project was signed on Wednesday, to…
Top Five Banks Lending Rates To Manufacturers
(Industrial Times, Nigeria) Today, the Manufacturers Association of Nigeria (MAN) says that banks lending rates to the manufacturing industry are too high to promote productivity in the sector. Data obtained from the Association, shows that the maximum lending rates by the commercial banks range from 30 – 35 percent. Top Five Banks Lending RatesAccess Bank…