New Telegraph

FCMB, Unilever partner Psaltry Int’l to create 10,000 jobs

FCMB, Unilever partner Psaltry Int’l to create 10,000 jobs

Africa’s first cassava-based sorbitol factory, constructed by Psaltry International Limited (PIL) in partnership with First City Monument Bank (FCMB) and Unilever Nigeria has been commissioned at a ceremony by the Governor of Oyo State, Seyi…

Interswitch: Collaboration key to promoting financial inclusion

Interswitch: Collaboration key to promoting financial inclusion

To accelerate growth and deepen financial inclusion in Nigeria, it is imperative for players in the financial service industry such as banks, telcos and fintechs to collaborate to provide innovative solutions and unique offerings to…

CBN: Boosting agriculture as global food crisis looms

CBN: Boosting agriculture as global food crisis looms

The growing concern that climate changeinduced extreme weather events, such as heat waves and large storms, could have a devasting impact on global food production, plus supply chain disruptions occasioned by the Russia-Ukraine war, are…

H1’22: NGX investors gain N3trn amid global disruptions

H1’22: NGX investors gain N3trn amid global disruptions

Activities at the Nigerian capital market remained positive in the first half (H1) of year 2022 as both local and foreign investors on the Nigerian Exchange Limited (NGX) gained about N3 trillion, despite the compounding…

NPA, NIWA make insurance compulsory for barge operators

NPA, NIWA make insurance compulsory for barge operators

The Nigerian Ports Authority and National Inland Waterways Authority (NIWA) have said that barges operating on Nigerian waters must be insured before they can ferry cargoes through the inland water ways. Before the decision was…

Report: E-payment transactions fall by 7.62% to N31.63trn

Report: E-payment transactions fall by 7.62% to N31.63trn

DECLINE Harsh economy is affecting  volume, value of transactions   Transactions through electronic payment (e-payment) channels fell by 7.62 per cent to N31.63 trillion in July 2022 from N34.24 trillion recorded in the previous month,…

Dry Ports: Land, infrastructure as obstacles

Dry Ports: Land, infrastructure as obstacles

As Federal Ministry of Transportation launches a new manual to boost dry port operations in the country, lack of funds, inefficient rail network and political will by state governments to free their lands from all…

Agents commend Customs for bursting cabals in Apapa Port

Agents commend Customs for bursting cabals in Apapa Port

Clearing agents in Apapa Port have commended the Nigeria Customs Service (NCS), Apapa Command, for curbing activities of cabals, who specialised in disruption of trade facilitation and cargo clearance in the facility.   They said…

Five vessels arrive with PMS, wheat, used vehicles on Wednesday

Five vessels arrive with PMS, wheat, used vehicles on Wednesday

    Bayo Akomolafe Three seaports are expected to take delivery of wheat, used vehicles and  Petroleum Motor Spirit (PMB) on Wednesday from five vessels. The vessels will berth at Lagos, Tincan Island ports and Kirikiri…

IPMAN decries Nigeria’s low crude oil production

IPMAN decries Nigeria’s low crude oil production

…charts way forward   Success Nwogu   The Independent Petroleum Marketers Association of Nigeria has decried the continous inability of Nigeria to meet its production quota as prescribed by the Organisation of Petroleum Exporting Countries…