Nigeria Customs Service, NCS

Customs signs deal to stop rice smuggling through border

The Nigeria Customs Service (NCS) and the Rice Farmers Association of Nigeria (RIFAN) have signed a Memorandum of Understanding (MoU) to stop rice smuggling through land borders in the country. The MoU was conceived following strong indications that over 99 per cent of rice smuggled into the country are unfit for human consumption. President of […]

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MAN to save capital via partnering with CSN

The Manufacturers Association of Nigeria (MAN) says it will save billions of dollars on importation of raw materials through partnership with professionals in the chemical sector in the country. Speaking at the signing of a Memorandum of Understanding (MoU) between MAN and the Chemical Society of Nigeria (CSN) recently, MAN President, Frank Jacobs, said the […]

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Dakuku Peterside

Nigeria, Ghana mull MoU on cabotage implementation, enforcement processes, others

In a bid to give the African continent a competitive edge with other maritime nations in the world, the Federal Government through the Nigerian Maritime Administration and Safety Agency (NIMASA) is set to provide support to the Ghana Maritime Authority (GMA) through a proposed Memorandum of Understanding (MoU). The areas being considered for the MoU […]

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Sun Trust Bank signs MoU with ICD on non-interest banking

Sun Trust Bank Nigeria Limited (SBN) has signed an agreement with the Islamic Corporation for the Development of the Private Sector (ICD) to establish a new non-interest banking window in the bank. ICD is the private arm of Islamic Development Bank Group (IDBG). Mr. Muhammad Jibrin, Managing Director/Chief Executive Officer of SBN, said in a […]

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ENI commit to fixing Port Harcourt refinery

A Memorandum of Understanding between Italian oil giant ENI and Nigerian National Petroleum Corporation was signed in Rome yesterday, with ENI committing to the refurbishment of the Port Harcourt Refinery. The company also agreed to build Phase 2 of Okpai Power Plant and to further invest in Nigeria’s Oil and Gas industry. The Minister of […]

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FG signs MoU with LZ on Milk production

In its bid to boost milk production and end the crisis between herdsmen and farmer, the Federal Government has signed a Memorandum of Understanding with LZ Intergrated Dairy Farm. According to the Managing Director of LZ farms, Mr. Mohammad Abubakar, the MoU will ensure that Fulani herdsmen are engaged on a commercial basis in milk […]

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