Category: Economy

Seplat CEO : ANOH Project, Game Changer For Seplat, Oil, Gas Industry
May 6, 2022 No Responses

Seplat CEO : ANOH Project, Game Changer For Seplat, Oil, Gas Industry

The completion of Seplat Energy Plc Assa North-Ohaji South project (ANOH) in Imo State, will positively boost supply chain in the nation’s oil and gas industry, Chief Executive Officer(CEO), Seplat Energy Plc, Mr Roger Brown, has said   Brown told Journalists...
read more
OPEC Raises Nigeria’s Production Quota To 1.772mbpd For June
May 5, 2022 No Responses

OPEC Raises Nigeria’s Production Quota To 1.772mbpd For June

The Organisation of the Petroleum Exporting Countries (OPEC) has raised Nigeria’s oil production quota from the 1.735 million barrels per day (mbpd) target approved in May 2022 to a new target of 1.772mbpd for June 2022.   A statement issued...
read more
Nigerian Freight Forwarders In U.S Seek Review Of New Clearing Fees
May 5, 2022 No Responses

Nigerian Freight Forwarders In U.S Seek Review Of New Clearing Fees

Two Nigerian Freight Forwarders operating in Houston, Texas, United States, have appealed to the Federal Government and the Nigeria Customs Service (NCS) to review the new levy on imported used vehicles.    Ms Adetutu Adeparusi, Automated Logistic Ma...
read more
Access Bank Partners FG, To Roll Out Loans For Farmers, SMEs
May 5, 2022 No Responses

Access Bank Partners FG, To Roll Out Loans For Farmers, SMEs

Access Bank Plc has partnered the Ministry of Humanitarian Affairs, Disaster Management and Social Development to roll out a loan scheme for poor farmers aged 18 years to 55 years and other vulnerable groups.   In  statement on Thursday, the ban...
read more
Edo MSMEs Can’t Afford N40,000 Minimum Wage, Says BENCCIMA
May 4, 2022 No Responses

Edo MSMEs Can’t Afford N40,000 Minimum Wage, Says BENCCIMA

Micro, Small and Medium Scale Enterprises (MSMEs) in Edo State will find it challenging to pay N40,000 minimum wage, the Benin Chamber of Commerce, Industry, Mines and Agriculture (BENCCIMA) has said.   The State Governor, Godwin Obaseki on May ...
read more
5G Spectrum: NCC Issues Final Letters Of Licence Awards to MTN, Mafab Communications 
May 4, 2022 No Responses

5G Spectrum: NCC Issues Final Letters Of Licence Awards to MTN, Mafab Communications 

The Nigerian Communications Commission (NCC) on Wednesday confirmed issuance of the final letters of award of the Fifth Generation (5G) Spectrum Licences to MTN and Mafab Communications, winners of the 3.5GHz spectrum auction conducted by the Commission on Mon...
read more
Dangote Cement Completes N116b Bonds
May 4, 2022 No Responses

Dangote Cement Completes N116b Bonds

‘ Dangote Cement has completed its N116 billion series 2 bond issuance which is the largest corporate bond issuance in the Nigerian capital market.    In a statement published on the Nigerian Exchange Ltd Website on Wednesday, the company expla...
read more
Lekki Port: Nigeria To Earn $201b, Generates 169,972 Jobs
May 4, 2022 No Responses

Lekki Port: Nigeria To Earn $201b, Generates 169,972 Jobs

The Federal Government of Nigeria and the Lagos State government will earn revenue of over $201 billion in 45 years and generate 169,972 jobswhen the Lekki Deep Sea Port becomes fully operational, Minister of Information and Culture, Alhaji Lai Mohammed s...
read more
Nigeria To Host Gulf Of Guinea Maritime Security Conference
May 3, 2022 No Responses

Nigeria To Host Gulf Of Guinea Maritime Security Conference

The Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Navy in partnership with the Inter-Regional Coordination Centre (ICC) Yaoundé have concluded arrangements to host the fifth plenary of the Gulf of Guinea Mari...
read more
NPA Implores Stakeholders On Rules, Regulations
May 2, 2022 No Responses

NPA Implores Stakeholders On Rules, Regulations

The Nigerian Ports Authority NPA has pledged to ensure every port player plays by the rule of engagement. The General Manager, Monitoring and Regulatory Services, Eniola Williams gave the assurance in Lagos, during a tour of the ports, by the...
read more
Flour Mills Secures Approval To Acquire 76% Stake In Honeywell
April 30, 2022 No Responses

Flour Mills Secures Approval To Acquire 76% Stake In Honeywell

Flour Mills of Nigeria Plc (FMN) has obtained the required regulatory approvals to acquire 71.69 per cent stake in Honeywell Flour Mills Plc (HFMP), formerly a portfolio company of Honeywell Group. The company made this known in a statement by...
read more
Ministry Tasks LADOL On Local Content, Youth Employment  
April 30, 2022 No Responses

Ministry Tasks LADOL On Local Content, Youth Employment  

The Permanent Secretary, Ministry of Transportation, Dr Magdalene Ajani, has urged the Lagos Deep Offshore Logistics Base (LADOL), to promote local content and youth employment.   Ajani, in a statement said this was in furtherance of the Federal Governmen...
read more
20 Pension Fund Administrators Meet Deadline For N5b Minimum Capital 
April 30, 2022 No Responses

20 Pension Fund Administrators Meet Deadline For N5b Minimum Capital 

Twenty Pension Fund Administrators (PFAs) met PenCom’s deadline to increase their Minimum Regulatory Capital (shareholders’ fund) from N1 billion to N5 billion by April 27.   Pension Commission (PenCom) made the declaration in a statement it issued in Lag...
read more
MAN Tasks FG On Speedy Implementation Of AfCFTA
April 29, 2022 No Responses

MAN Tasks FG On Speedy Implementation Of AfCFTA

The Manufacturers Association of Nigeria (MAN) has tasked the Federal Government to speedily commence the implementation of the African Continental Free Trade Area (AfCFTA) to support its industrialisation agenda and for competitiveness.  The President of...
read more
1 … 108 109 110 111 112 … 160