The vastness of Nigeria’s minerals resources cannot and should not be over emphasised. We began to explore and exploit her natural mineral resources in 1902 and in its prime, the solid minerals sector was one of the largest producers of tin and coal, as well as a producer of a considerable 1.4 tons of gold […]
STATE HOUSE PRESS RELEASE | OFFICE OF THE VICE PRESIDENT *FG PRESENTS 2020 FINANCE BILL TO NEC:* *PROPOSED LEGISLATION SLASHES IMPORT DUTIES & LEVIES, REDUCES MINIMUM TAX, EXEMPTS SMALL BUSINESSES FROM TETFUND, OTHERS.* *Raises compensation exemption threshold, qualifies software acquisition for capital allowance Following Wednesday’s approval by the Federal Executive Council (FEC), the 2020 Finance […]
Despite optimism for Africa’s economic recovery and with GDP growth projected at 4% in 2019 by the African Development Bank, the number of African brands in our ranking have declined by 18% in Brand Africa 100’s 2019 ranking of the top 100 Most Admired Brands in Africa. Brand Africa 100 is a valuation and ranking […]
The Gross Domestic Product (GDP) in Nigeria was worth 448.10 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Nigeria represents 0.37 percent of the world economy. The Central Bank of Nigeria unexpectedly slashed its monetary policy rate by 100 bps […]
1. What are the primary laws applicable to the maritime industry in Nigeria? The primary laws applicable to the maritime industry in Nigeria are: The Merchant Shipping Act 2007; the Coastal and Inland shipping (Cabotage) Act 2003; the National Inland Waterways Act, N47 Laws of the Federation of Nigeria (LFN) 2004; the Nigerian Maritime Administration […]
We are an italian company specialist in metal tanks for industrial vehicles and machineries. All of the operative and strategic areas are based on the Italian headquarter on the north-east of Italy. With an experience of more than 80 years, today we can count on a Group of 4 companies: Padoan Srl, the Italian HQ; […]
The Astra 8×8 is the largest and most heavy duty off-road vehicle available in the Iveco product line-up. It’s unashamedly purpose-built to be totally functional and practical while filling the most demanding off-road applications. Featuring huge ground clearance, a full-time 8×8 system with lockable diffs on all axles and a choice of two powerful horsepower options, the Astra is a true workhorse and […]
Nigeria’s chronic power shortages have been a defining feature of the country’s path to sustainable economic development. As an oil-producing net importer of petroleum products, this makes the lack of investment in Nigeria’s own domestic energy infrastructure even more stark – a trend which must be reversed. The gas sector offers a more environmentally friendly […]
Nigeria’s economic growth rose to an annual rate of 2.28% in the three months to the end of September after the production of its main export commodity, crude oil, rose to a more than three year high, the statistics office said on Friday. The economy, Africa’s largest, expanded by 0.17% in the previous quarter and […]
Nigerian business mogul Cosmas Maduka, one of Nigeria’s most successful businessmen, has built a rice processing mill in Anambra, a state in Nigeria’s southeastern region, at a reported cost of $35 million. According to a report by ThisDay, the rice mill which was constructed by Coscharis Farms, a subsidiary of the Cosharis Group which Maduka […]