The Nigerian Association of Master Mariners has said that the Federal Government’s Trade Modernisation Project will stimulate quicker cargo clearance at the country’s ports. In a statement on Friday, the President of NAMM, Captain Tajudeen Alao stated this while chatting…
The Federal Government through the Nigerian Customs Service has begun a fresh move to clamp down on operators of improperly imported private jets into the country, findings by The PUNCH have revealed. Consequently, no fewer than 80 operators of private…
Again, Nigeria’s inflation rate increased to 33.95 per cent in May 2024 according to the latest data from the National Bureau of Statistics. This represents a month-over-month increase of 0.26 per cent points in the headline inflation rate from…
The Federal Government says it has rerouted the Lagos-Calabar Coastal Highway path to avoid any possible damage to subsea cables belonging to telecommunication companies. The government also said it had reduced the project’s size from 10 lanes to six as…
Nigeria’s Gross Domestic Product per capita is expected to reach $1,120.67 by 2029, according to the International Monetary Fund. The IMF data analysed by The PUNCH revealed a fluctuating trend in Nigeria’s GDP per capita since 2014, with a high…
The Federal Government’s ban on the export of Liquefied Petroleum Gas, popularly called cooking gas, has led to a crash in the cost of the commodity from about N1,500 per kilogram to around N900/kg, LPG dealers stated on Wednesday. Cooking…
The Federal Government has stated that Nigeria would save over $4.4 billion annually converting over one million vehicles to Compressed Natural Gas. Making a presentation at a Co-Creation Session on the Nigeria Gas Vehicle Monitoring System, NGVMS, in Abuja on…
Chairman of the Federal Inland Revenue Service, Zacch Adedeji, reflects on the accolades received by the agency for its increased tax revenue, attributing the success to President Bola Tinubu’s provision of conducive economic conditions for the agency to succeed. He…
The demand for electricity has continued to increase among Nigerians even as operators tackle the challenges hindering the growth of the nation’s power sector over the years, DARE OLAWIN reports With Nigeria’s rising population, electricity demand continues to be on…
The Nigerian Ports Authority has met with the Barge Operators Association of Nigeria as part of efforts aimed at ensuring seamless export cargo evacuation from the hinterland to the seaports. The Managing Director of NPA, Mohammed Bello-Koko, disclosed this when…
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