The House Committee on Commerce says the ongoing process to concession the Calabar Free Trade Zone (CFTZ) is a positive approach in unleashing the full potentials of the zone to…
Category: BUSINESS
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NEPZA, FIRS collaborates to amend FTZs new tax administration pact
The Nigeria Export Processing Zones Authority (NEPZA) and the Federal Inland Revenue Service (FIRS) have agreed to amend some sections of the recently signed Memorandum of Understanding (MoU) on the…
FG seeks collaboration with 54 Africa countries on local content in oil sector
The Federal Government has called for collaboration with 54 African Countries and cross-country development with the African Continental Free Trade Area (AfCFTA), to grow local capacities to drive economic growth…
Bank of Industry assets hit N1.8trn despite COVID- 19 –Chairman
The Bank of Industry (BOI) says its total assets grew to N1.86 trillion during the 2020 financial year, despite the negative impacts of the COVID-19 pandemic on global economies. Our…
TotalEnergies calls for sustainability of local content
Mr Michael Sangster, the Managing Director of TotalEnergies, has called for the sustenance of local content to grow the oil and gas sector in the country. Sangster made the call…
Niger Govt pledges support for local content in fabrication industry
The Niger government has promised to encourage the development of fabrication industries that would depend on local content to industrialise the state. Dr Mustapha Jibril, Commissioner for Investment, Commerce and…
NEPZA to partner NSC on upscaling FG’s non-oil sector deliverables –MD
The Nigeria Export Processing Zones Authority (NEPZA) says it is ready to open multiple partnerships with the Nigerian Shippers Council (NSC) to significantly scale-up the Federal Government’s non-oil sector deliverables…
NEPZA Act under review to comply with best practices – MD
Prof. Adesoji Adesugba, Managing Director, Nigeria Export Processing Zones Authority (NEPZA), says NEPZA Act is currently under review to comply with international best practices for the Free Zone scheme. Adesugba…