The Nigerian Government, through the Ministry of Steel Development, has signed a Memorandum of Understanding (MoU) with a Russian consortium for the rehabilitation, completion, and operation of the Ajaokuta Steel Company Limited and the National Iron Ore Mining Company (NIOMCO)….
FRSC Promotes 49 Senior Officers
The Secretary to the Government of the Federation, Senator George Akume, on Friday approved the promotion of 49 senior officers of the Federal Road Safety Corps (FRSC). A statement issued by Corps Commander, Corps Public Education Officer, Olusegun Ogungbemide, explained…
CBN Reacts To Controversial Policy Document
The Central Bank of Nigeria, CBN, on Friday, made some clarifications regarding the Monetary, Credit, Foreign Trade, And Exchange Policy Guidelines For Fiscal Years 2024 – 2025 document published on Tuesday, September 17, 2024. In a statement published on its…
TotalEnergies Starts Production At Fenix Offshore Gas Field
TotalEnergies has announced the start of production from the Fenix gas field, located 60 km off the coast of Tierra del Fuego in Southern Argentina. The Fenix field is part of the Cuenca Marina Austral 1 (CMA-1) concession, in which…
Kia Unveils New Sportage SUV
Kia Middle East and Africa has announced the regional launch of the Kia Sportage L, the long wheelbase is a dynamic addition to its renowned SUV lineup. Unveiled at an exclusive test drive event in Salalah, Oman, this September, the…
NPA Donates N200m To Borno Flood Victims
The Nigerian Ports Authority (NPA) has donated Two Hundred Million Naira (200,000,000.00) to flood victims in Borno State as part of its Corporate Social Responsibility(CSR).The Managing Director/CEO of the NPA, Dr. Abubakar Dantsoho, in a letter he personally signed said…
Edo 2024: EFCC Deploys Operatives Against Voters’ Inducement
Operatives of the Economic and Financial Crimes Commission, EFCC, have been deployed to all local government areas in Edo State to tackle voters’ inducement in the Saturday, September 21, 2024 governorship elections.Commenting on this, Executive Chairman of the Economic and…
NNPCL, NLNG, FIRS, Delta, Lagos, JAMB, T-Pumpy, Others For 2024 GOCOP Conference
More partners are lining up for the eighth annual conference of the Guild of Corporate Online Publishers (GOCOP) with the Nigerian National Petroleum Company Limited (NNPCL), Nigeria LNG Limited (NLNG), Federal Inland Revenue Service (FIRS), Delta State and Lagos State,…
UNGA 2024: Tony Elumelu Sets Out Africa’s Priorities
African philanthropist and business leader, Tony Elumelu, will make Africa’s transformative economic growth, youth employment, and energy transition central to the discussions at this year’s United Nations General Assembly (UNGA), taking place late September in New York.Elumelu will call for…
Shippers’ Council, NPA To Strengthen Partnership
The Nigerian Shippers’ Council (NSC) and Nigerian Ports Authority ( NPA) have expressed their readiness to collaborate and work together to move the nation’ s maritime sector forward.The Executive Secretary and Chief Executive Officer of NSC, Barr Akutah Pius, who…
At AMES Summit, Experts Harp On AfCFTA, Indigenous Fleet, Training, Others
The African Continental Free Trade Area (AfCFTA) presents a majoropportunity for growth in shipping, but Nigeria needs shipping lines toparticipate.According to seasoned experts who spoke at the 16th Association of Marine Engineers and Surveyors (AMES) technical summit in Lagos, a…
NNPC To Revive Brass, Olokola LNG Projects
As part of measures to maximise the nation’s abundant gas resources for economic development and prosperity, Nigeria National Petroleum Corporation Ltd (NNPCL) has commenced discussions with investors towards bringing back two Liquefied Natural Gas (LNG) projects, Brass and Olokola LNG…
Coca-Cola Unveils $1b Investment In Nigeria
President Bola Tinubu has reiterated his administration’s commitment to creating a robust financial system and a business-friendly economy that will attract more foreign direct investments. The President made the commitment on Thursday in Abuja, as the Coca-Cola Company announced plans…
Edo Declares Friday Work-Free Day
The Edo State Government has declared Friday, September 20, a work-free day in the State to enable workers and other electorates travel to their voting areas ahead of the September 21 governorship election in the State.In a statement, Joseph Eboigbe,…