Image: General view of the newly-commissioned Dangote petroleum refinery in Ibeju-Lekki, Lagos, Nigeria, May 22, 2023. REUTERS/Temilade Adelaja/File Photo. Centre for the Promotion of Private Enterprise (CPPE) has praised the progress made in increasing domestic oil refining capacity and reducing imports, as output rose from 11.5% to 15.78% in the second quarter GDP report of…
The Abuja Chamber of Commerce and Industry (ACCI) has engaged the St. Kitts and Nevis Chamber of Industry and Commerce ahead of the 2025 Investment Gateway Summit. A statement by ACCI’s Media & Strategy Officer Olayemi John-Mensah said, the engagement took place at the headquarters of the St. Kitts and Nevis Chamber in Basseterre, before…
President Bola Tinubu had in June signed the executive order to introduce zero tariffs on excise duties and value added tax (VAT) on imported pharmaceutical inputs.
How many pieces of wood make a boat?
It depends on the size of the boat. For a big boat with 8-10 passenger capacity, we use about twelve pieces of wood. The small boat takes between 6-7 pieces of wood.
The WTO says that it’s member countries introduced more trade-facilitating measures than trade-restricting measures on goods, between mid-October 2023 and mid-May 2024. It’s Director-General, Dr Ngozi Okonjo-Iweala, said : ” It’s an important signal of members’ commitment to keep trade flowing despite the current geopolitical uncertainty.” WTO, in its latest Trade Monitoring Update issued on…
Said the report: “The number of African countries with debt-to-GDP rations above 60 percent has increased from 6 to 27 between 2013 and 2023.
He is the Chairman of the NACCIMA AfCFTA (African Continental Free Trade Area)Committee and is very passionate about encouraging the active participation of Small and Medium Enterprises (SME’s) in AfCFTA.
The facility was designed to address one of the most pressing challenges in the energy sector—stranded gas resources, by providing infrastructure for gas gathering, compression, injection, metering and reducing gas flaring in the area.
The House Ad-Hoc Committee on Pre-Shipment Inspection of Exports and Non-Repatriation of Crude Oil Proceeds, led by Seyi Sowunmi, a Labour Party (LP) lawmaker, moved the motion to unravel a scandal stretching across political eras, oil booms, recessions, and multiple administrations.
▪︎Executive Secretary of NSDC, Mr. Kamar Bakrin The National Sugar Development Council (NSDC), and the Nigeria Investment Promotion Commission (NIPC) are Collaborating to drive in $3 billion investments into the sugar industry, under the National Sugar Masterplan (NSMP) Phase II (2023-2033). This was the outcome of an investment meeting between the Executive Secretary of NSDC,…
