The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMB) to provide bank gurantees to Nigeria Bulk Electricity Trading (NBET) and Transmission Company of Nigeria (TCN) on behalf of Distribution Companies (DISCos). The CBN gave the directive in a letter written to DMBs obtained by the News Agency of Nigeria (NAN) in Abuja […]
The Executive Secretary of Nigerian Shippers’ Council, Hassan Bello, has assured that the gridlock typically experienced around Nigeria’s port corridors will soon disappear. The assurance is buoyed by the ongoing rail deployment for evacuation of cargoes from the port, as well as the digitalisation of shipping operations, to ensure effectiveness and better service delivery, Bello […]
