Category: Economy

NPA Awards Contract For Escravos Channel Dredging
May 11, 2022 No Responses

NPA Awards Contract For Escravos Channel Dredging

As part of measures to revive the port in Delta State, the Federal Government has awarded contract for remedial dredging of Escravos channel.    Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello-Koko,  who disclosed this in Warri on Tuesday, explained that...
read more
Nigeria Expo Seeks More Investment In Non-Oil Sector, Sports
May 10, 2022 No Responses

Nigeria Expo Seeks More Investment In Non-Oil Sector, Sports

The Nigeria International Trade Fair/Expo (NITFE) organisers have called for more investment in the non-oil sector, including sports to fast track the nation’s socio-economic development. Mr Innocent Ogu, President, African Legacy International, Co-organiser...
read more
Support Local Production In Areas Of Comparative Advantage, Erisco Foods MD Urges Govt
May 10, 2022 No Responses

Support Local Production In Areas Of Comparative Advantage, Erisco Foods MD Urges Govt

Government support to local production in areas of comparative advantage is the only sustainable solution to the nation’s economic challenges, Managing Director, Erisco Foods Limited, Mr Nnamdi Umeofia  has advised   Umeofia made the rema...
read more
NPA To Receive 26 Ships Laden With Jet Fuel, Bulk Salt, Petroleum Products, Others At Lagos Port
May 10, 2022 No Responses

NPA To Receive 26 Ships Laden With Jet Fuel, Bulk Salt, Petroleum Products, Others At Lagos Port

The Nigerian Ports Authority (NPA) on Tuesday disclosed that 26 ships were expected to arrive at the Lagos Port Complex from May 10 to May 26, 2022.   NPA  in its daily publication, Shipping Position, explained that the ...
read more
Transcorp Hotels Declares N7.04b Revenue, N1.067b Profit Before Tax In Q1  
May 10, 2022 No Responses

Transcorp Hotels Declares N7.04b Revenue, N1.067b Profit Before Tax In Q1  

For the 2022 First Quarter (Q1),  Transcorp Hotels Plc, a subsidiary of Transnational Corporation Plc. (Transcorp Group) has declared  77.4 per cent  growth in revenue to N7.04 billion from N3.97 billion in the same period in 2021...
read more
SEC Nigeria Proposes Full Digital Capital Market
May 9, 2022 No Responses

SEC Nigeria Proposes Full Digital Capital Market

As part of measures to fully digitalise operations of the Nigerian capital market, the Securities and Exchange Commission (SEC) is proposing some guidelines that will enable investors virtually do everything they need to do on their internet-enabled appliances...
read more
DMO Offers Two FGN Bonds For Subscription
May 9, 2022 No Responses

DMO Offers Two FGN Bonds For Subscription

The Debt Management Office (DMO), on Monday announced the offer of two more Federal Government of Nigeria (FGN) bonds for subscription.   The first offer is a two-year FGN savings bond which will be due on May 18, 2024, at...
read more
Osinbajo: Africa Must Produce What It Eats
May 9, 2022 No Responses

Osinbajo: Africa Must Produce What It Eats

Vice-President Yemi Osinbajo on Monday challenged Africa to produce what it eats and reduce its dependence on external countries.   Osinbajo made the call at a conference of Speakers and Heads of African Parliaments holding in Abuja.   He said...
read more
Aviation Minister Appeals To Domestic Airlines On Planned Operations Shutdown
May 7, 2022 No Responses

Aviation Minister Appeals To Domestic Airlines On Planned Operations Shutdown

The Minister of Aviation, Sen. Hadi Sirika, has appealed to Nigerian airlines to suspend the planned shutdown of operations from Monday over the high cost of aviation fuel from N190 to N700 per litre.   Sirika, who made the appeal...
read more
Minister Advocates Grants, Tax Holidays For Creative Industry
May 7, 2022 No Responses

Minister Advocates Grants, Tax Holidays For Creative Industry

Minister of State for FCT, Dr Ramatu Aliyu, has solicited various waivers, grants, tax holidays, rebates and other related incentives as part of measures to boost the creative industry.   Aliyu made the call while delivering a lecture at the...
read more
NPA Receives 14 Ships Laden With Petrol, Frozen Fish, Wheat, Others At Lagos Ports
May 6, 2022 No Responses

NPA Receives 14 Ships Laden With Petrol, Frozen Fish, Wheat, Others At Lagos Ports

The Nigerian Ports Authority (NPA) on Friday said 14 ships had arrived the ports and were waiting to berth with petrol, frozen fish, bulk salt, bulk wheat, base oil, ethanol and bulk sugar.   According to NPA, 20 other ships had...
read more
Benue Assembly Approves Ortom’s N41.39b Loan Request
May 6, 2022 No Responses

Benue Assembly Approves Ortom’s N41.39b Loan Request

Benue House of Assembly on Friday approved request of Gov. Samuel Ortom’s loan of N41.39 billion for payment of salary, pension and other emolument arrears.   The approval followed a letter of request from the governor to the Assembly which...
read more
Seaport Offers Incentives To Reduce Vessel Emissions
May 6, 2022 No Responses

Seaport Offers Incentives To Reduce Vessel Emissions

To reduce vessel emissions, Canada’s Halifax Port Authority (HPA) has joined the World Port Climate Initiative (WPCI) as an incentive provider with the International Association of Ports and Harbours’ (IAPH) Environmental Ship Index (ESI). The HPA joined t...
read more
AfDB Secures $15.6b For Lagos-Abidjan Highway Construction
May 6, 2022 No Responses

AfDB Secures $15.6b For Lagos-Abidjan Highway Construction

The president, African Development Bank (AfDB), Dr Akinwumi Adesina says the bank has secured 15.6 billion dollars investment for the construction of the Lagos-Abidjan highway. Adesina tweeted this on his twitter handle @akin_adesina obtained by the News Agenc...
read more
1 … 107 108 109 110 111 … 160