The Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite, has said the government of President Bola Tinubu has gotten commitments from foreign companies to invest close to $30 billion in Nigeria in areas ranging from steel to oil and ...
Read More »Daily Archives: February 16, 2024
CBN Reduces Customs Exchange Rate By 2.8%
For the first time since the advent of the administration of President Bola Tinubu, the Central Bank of Nigeria (CBN) has reduced the exchange rate for calculations of Customs Duty rates from N1,515.48 to N1,472.75 to a Dollar. The reduction ...
Read More »‘Bonga: Shell To Deepen Investments In Deep Water, Gas, Renewables’
The managing director of Shell Nigeria Exploration and Production Company Limited (SNEPCo,) Elohor Aiboni said the company is working to extend the life of the Bonga Floating, Production, Storage, Offloading (FPSO) vessel for another 15 years to handle more production ...
Read More »