FCCPC Engages Discos Over Prepaid Meter Phase-Out

FCCPC Engages Discos Over Prepaid Meter Phase-Out

Oluwakemi Kindness The Federal Competition and Consumer Protection Commission (FCCPC) on Tuesday re-echoed its committed to preventing any disadvantage to consumers particularly now with the ongoing meter upgrade. This is as the commission says it is actively engaging key stakeholders, including the Nigerian Electricity Regulatory Commission (NERC), Nigerian Electricity Management Services Agency (NEMSA), and the eleven DisCos. "Recent announcements by Ikeja Electric indicated that the Unistar […]

October 22, 2024 13 9

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NEPC, NDPC Partner to Safeguard Registered Exporters Data

By Oluwakemi Kindness The Nigerian Export Promotion Council (NEPC) and the Nigerian Data Protection Commission (NDPC) has agreed to provide a framework that will safeguard personal and corporate transactions within the exporting community. The Executive Director, NEPC, Nonye Ayeni disclosed this in Abuja while receiving in her office the National Commissioner, NDPC, Dr. Vincent Olatuniji. Ayeni noted, with the huge number of registered exporters in the country, striving to fulfil […]

October 17, 2024 10 4

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Standards Are Critical For Industrialisation, Says SON DG

By Oluwakemi Kindness The Standards Organisation of Nigeria (SON) has called on all stakeholders to prioritise the implementation of standards in their respective fields for National Development. This is according to the Director-General of SON, Dr. Ifeanyi Okeke, who stated this during a walk by the SON to commemorate the 2024 World Standards Day in Abuja on Saturday. He stressed that standards are the bedrock for industrialisation. “Standardisation is not […]

October 12, 2024 6 4

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Business: 140 manufacturers to get BOI’s loan at single digit

By Oluwakemi Kindness The Bank of Industry, BOI says about one hundred and forty large manufacturing companies will receive loans of up to one billion naira at single digit interest rates. BOI’s Managing Director, Dr. Olasupo Olusi, stated this in Abuja on Wednesday during its inaugural public lecture series saying this is under the seventy five billion naira Manufacturing Sector Fund. Dr. Olusi said the funds under this program have […]

October 3, 2024 9 5

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World FZO Elects NEPZA’s MD into Board of Directors

By Oluwakemi Kindness The Managing Director, Nigeria Export Processing Zones Authority, NEPZA, Dr. Olufemi Ogunyemi, has won election into the Board of the World Free Zone Organisation (WFZO) in Dubai. African participants, and their counterparts from Europe and Latin America at this year’s World Free Zone Congress rendered their block votes that led to his election. The Management of the Nigeria Export Processing Zone Authority said it views this concerted […]

October 1, 2024 6 2

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NEPC, NPC to partner on capacity building for Export Promotion

By Oluwakemi kindness The Nigerian Export Promotion Council (NEPC) and National Productivity Centre (NPC) have agreed to partner to enhance service delivery to the exporting community through capacity building for Trade Promotion Officers. The Executive Director of NEPC, Nonye Ayeni, stated this in Abuja on Monday while receiving the Director General of NPC, Baffa Dan Agundi in her office. According to Ayeni “We are committed to working with relevant stakeholders […]

September 23, 2024 8 6

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NSDC, Abuja Chamber of Commerce Collaborate on Sugar Investment Drive

Oluwakemi Kindness The National Sugar Development Council (NSDC) is partnering with the Abuja Chamber of Commerce and Industry (ACCI) to seek potential collaborations that can add value to the Council’s search for serious investments into the sugar subsector. Discussions on the pact commenced with the visit of ACCI leadership led by Emeka Obegolu, SAN, to the Executive Secretary of the Council, Kamar Bakrin. Bakrin who shared the history and mandate […]

September 18, 2024 3 1

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NEPZA licences $150m investment portfolio Free Zone in FCT

By Oluwakemi kindness The Nigeria Export Processing Zones Authority (NEPZA) has again boosted the country’s manufacturing and export indexes with the licencing of Abuja Industrial Park (ZEBERCED) Free Zone with initial one hundred and fifty million U.S dollar investment portfolio. Managing Director of NEPZA, Dr. Olufemi Ogunyemi, in a remark, while handing over the Operating Licence to the Turkish owners of the private zone, revealed that the new business ecosystem […]

September 11, 2024 10 3

Business

Federal Government launches five hundred million dollars bond

Written by Oluwakemi Kindness The Federal Government of Nigeria has launched a five hundred dollar million domestic bond, marking a significant milestone in the country's economic reform and development journey. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, who stated this while unveiling the Series I five hundred million dollars Domestic Federal Government of Nigeria U.S Dollar Bond in Lagos, said the launch is a bold […]

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