By Abdulfatah Babatunde Lagos, June 2, ’25 (TNZ) The Al-Barakah Microfinance Bank has declared an impressive N940.36 million assets base and a N38 million profit after tax (PAT) for the 2023 operating year. TheNewsZenith reports that Mr Jamiu Alaja, Chairman of the bank, announced this at the first Annual Stakeholders Meeting of the bank, […]
By Our Correspondent Lagos, May 29, 25 (TNZ) The Nigerian Ports Authority (NPA) and Dangote Industries Ltd. (DIL) have collaborated on developing the Marine and Blue Economy sector, with a focus on expanding the nation’s export operations. TheNewsZenith reports that Mr Okechukwu Onyemekara, General Manager, Communication and Strategy of NPA, announced the collaboration in a […]
By Our Correspondent Lagos, May 20, ’25 (TNZ) The Nigeria Customs Service (NCS) is committed to facilitating the importation of renewable energy technologies into the country, according to the Comptroller-General of Customs (CGC), Bashir Adeniyi. TheNewsZenith reports that Adeniyi announced this during the NCS Trade Facilitation Consultative Forum, in Lagos, on Monday. The theme of […]
By Our Correspondent Lagos, May 17, ’25 (TNZ) The Nigerian Maritime Administration and Safety Agency (NIMASA) has selected 12 Primary Lending Institutions (PLIs) to disburse the Cabotage Vessels Financing Fund (CVFF) at a single-digit interest rate. TheNewsZenith reports that Dr Dayo Mobereola, the Director-General of NIMASA, announced this during a virtual meeting in Lagos. Mobereola […]
From Our Correspondent Abuja, May 8, ’25 (TNZ) The Federal Government has started implementing its economic and financial inclusion strategy in phases to improve access to economic opportunities for Nigerians. TheNewsZenith reports that Vice President Kashim Shettima inaugurated the Technical Committee of the Presidential Committee on Economic and Financial Inclusion (PreCEFI) task force in Abuja. […]
By Our Correspondent Lagos, April 16, ’25 (TNZ) The Nigeria Customs Service (NCS), PTML Command, says it generated N90.2 billion in the first three months of this year. TheNewsZenith reports that the Area Controller, Comptroller Tenny Daniyan, announced this during a management meeting held in Lagos on Tuesday. Daniyan said the first quarter revenue exceeded that of […]
From Our Correspondent Lagos, April 15, ’25 (TNZ) The Tinubu Media Support Group (TMSG) has described the presence of four Nigerian entrepreneurs on the 2025 Forbes list of Africa’s 22 wealthiest individuals as proof of prosperity in the land. TheNewsZenith reports that TMSG gave the view in a statement signed by its Chairman Emeka Nwankpa […]
From Our Correspondent Abuja, April 8, ’25 (TNZ) The Presidential Compressed Natural Gas Initiative (PCNGI) says it has created 84,000 jobs with one year in operation. TheNewsZenith reports that Mr Michael Oluwagbemi, National Coordinator of PCNGI, announced this to newsmen on Monday in Abuja. Oluwagbemi also said the initiative has also attracted over $491 million […]
By Our Correspondent Lagos, April 4, ’25 (TNZ) No fewer than ten local shipping firms have accessed the Nigerian Content Development and Monitoring Board’s (NCDMB) $360 million credit facility, domiciled at the Bank of Industry (BOI), on a single-digit interest rate. TheNewsZenith reports that the Executive Secretary of the board, Mr Felix Ogbe, announced this […]
By Our C orrespondent Lagos, April 1, ’25 (TNZ) BUA Foods Plc. has fixed Sept. 25 for its Annual General Meeting (AGM) at Transcorp Hilton Hotel in Abuja. TheNewsZenith reports that the company announced this in a corporate filing with the Nigerian Exchange Ltd. on Tuesday. It has also approved the payment of a final […]