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We Followed Due Process In Escravos Contract Award – NPA
Posted on Author Omotola Collins
Apparently jolted by the raging controversies generated by its award of Excravos Bar dredging contract, the Nigerian Ports Authority (NPA) has said that all processes enumerated in the Procurement Act, 2004 were followed in the contract. A statement issued by Isah Suwaid on behalf of NPA, the authority explained that it decided to provide critical information on the contract award […]
CBN Names Standard Chartered, Stanbic IBTC For Nigeria-China Currency Deal
Posted on Author Omotola Collins
The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has announced Standard Chartered Bank and Stanbic IBTC Bank as settlement banks in currency swap agreement between it and Peoples Bank of China (PBoC). This is even as the apex bank also announced plans to release framework for the currency swap deal between the two […]
Customs’ Tin Can Island Command Generates N31.8Bn In August
Posted on Author Omotola Collins
The Tin Can Island Port Customs Command generated N31.8 billion in August 2018, representing about N3.24 billion higher than the N28.6 billion it generated in the corresponding period of 2017. The Customs Area Controller (CAC) of the command, Comptroller Musa Abdullahi, made the disclosure on Wednesday while conducting the Zonal Coordinator Zone “A” Assistant Comptroller […]