The Commerce Africa African Reneissance

The Nigerian Maritime Administration and Safety Agency has attributed the high cost of foodstuff in the country to the war-risk insurance premium on Nigerian-bound vessels and cargoes. The Director General, NIMASA, Dr Bashir Jamoh, who said this recently in Port-Harcourt, pleaded with major insurance companies around the world to stop …

The Federal Government, through its Nigerian Upstream Petroleum Regulatory Commission, on Wednesday announced the 2022 mini-bid round to spur new oil exploration and drilling activities in the prospective deep waters offshore Nigeria. It also announced that three modular refineries would refine crude oil in 2023, as this would boost in-country …

The Deputy Governor of the Central Bank of Nigeria (CBN),  Aishah Ahmad has said that  500 million new naira notes have been ordered and would be printed soon. Ahmad spoke on Thursday while being grilled by members of the house of representatives during the plenary session. President Muhammadu Buhari had …