The Federal Government has announced plans to provide qualified Nigerian shipowners with up to $25 million each under the Cabotage Vessel Financing Fund. This initiative is expected to strengthen indigenous shipping and create more than 30,000 direct and indirect jobs. Meanwhile, Dangote Industries Limited has commenced the registration process for the proposed initial public offering of Dangote Refinery, which aims to allow drivers, cooks, and traders to own refinery shares. These developments were highlighted in an evening recap of top stories.
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