IoD Nigeria holds its Annual Directors Dinner and Awards Night







The Institute of Directors Nigeria held the 2021 edition of its Annual Directors’ Dinner and Awards to round off its 2021 activities. The event which took place on Wednesday 15th December, 2021 under strict compliance with the COVID-19 guidelines, was held at the Ballroom, Oriental Hotel, Victoria Island, Lagos State....





Proposed Customs Service Bill Will Weaken Economic Zones, Says NEPZA









The Nigeria Export Processing Zones Authority (NEPZA) has raised objection to sections of the proposed Custom Service Reform Bill, pointing out that they tended to weaken and subvert the country’s special economic zones. In its submission during a public hearing on the bill at the House of Representatives, NEPZA explained that the free zones are areas designated...







Nigeria requires strategy to grow capacity in gas sub-sector –NGA



The President, Nigerian Gas Association (NGA), Ed Ubong, has called for urgent strategy to grow Nigeria’s capacity in the gas sub-sector. This, was even as he said this would ensure that gas is used to spur industrial development across all parts of the country...





AfDB okays $210m for Nigeria’s agro-industrial processing zones







The President of the African Development Bank (AfDB), Dr Akinwunmi Adesina, has said the bank will loan $210 million to Nigeria for special agro-industrial processing zones across the country. The loan, approved by the bank’s Board of Directors, will help to unlock the country’s agricultural sector and impact the lives of millions of people in Africa’s most populous country...