Category: Economy

Ardova Unveils Lubricant Plant, Strengthens Partnership With Distributors
November 26, 2024 No Responses

Ardova Unveils Lubricant Plant, Strengthens Partnership With Distributors

Ardova Plc has set a new benchmark in the lubricants market with the unveiling of its state-of-the-art lubricant oil blending plant (LOBP).With a production capacity of 150 million litres per annum and a storage capacity of 14 million litres, the...
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Seplat Energy: Gas Will Drive Development With Minimal Emissions
November 24, 2024 No Responses

Seplat Energy: Gas Will Drive Development With Minimal Emissions

Gas resources in Nigeria and other African countries can drive significant developmental gains with minimal impacts on emission, Seplat Energy Plc has saidAccording to the leading energy company, gas is the solution to many immediate problems in Africa; thus, ...
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NMGS Seeks Customs Partnership To Combat Resource Smuggling
November 23, 2024 No Responses

NMGS Seeks Customs Partnership To Combat Resource Smuggling

The Nigerian Mining and Geosciences Society (NMGS) has called for stronger collaboration with the Nigeria Customs Service (NCS) to address the rising threat of illegal smuggling of natural resources, which is causing significant revenue loss and depletion of c...
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EFCC Warns Banks Against Fraudulent Practices
November 23, 2024 No Responses

EFCC Warns Banks Against Fraudulent Practices

The Economic and Financial Crimes Commission (EFCC) has warned banks against making themselves available as instruments of fraud.The warning was handed down on Friday when the management team of Moniepoint, led by its founder and Group CEO, Tosin Eniolorunda p...
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Lagos Budgets ₦3tri For 2025
November 22, 2024 No Responses

Lagos Budgets ₦3tri For 2025

Lagos State Governor, Babajide Sanwo-Olu has presented the sum of ₦3.005 trillion before the state House of Assembly as a proposed budget for the year 2025. Briefing the lawmakers on Thursday in Alausa, Sanwo-Olu emphasised the budget’s focus on infrastruc...
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Reps Laud NIWA’s MD For Transformative Initiatives, Work Ethic
November 21, 2024 No Responses

Reps Laud NIWA’s MD For Transformative Initiatives, Work Ethic

The House of Representative Committee on National Inland Waterways has lauded the Managing Director of the National Inland Waterways Authority (NIWA), Mr. Bola Oyebamiji, for his remarkable achievements and dedication within a short period of his tenure. Durin...
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Presidency Lauds Olukoyede  On Reforms, Preventive Frameworks
November 20, 2024 No Responses

Presidency Lauds Olukoyede  On Reforms, Preventive Frameworks

The Special Adviser to the President on Policy Coordination and Head, Central Delivery Coordination Unit, Hadiza Bala Usman has commended the Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede on the laudable reforms in the...
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Okpebholo Signs N486bn Supplementary Budget Into Law
November 19, 2024 No Responses

Okpebholo Signs N486bn Supplementary Budget Into Law

Edo State Governor, Monday Okpebholo has assented to a N485 billion revised supplementary budget passed by the Edo State House of Assembly. Okpebholo signed the revised budget on Monday in Benin City, the Edo State capital. The governor while reacting...
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Train 7: NLNG Begins Nigerian Content HCD Trainings
November 17, 2024 No Responses

Train 7: NLNG Begins Nigerian Content HCD Trainings

Nigeria LNG has kicked off its Nigerian Content Human Capacity Development (NC-HCD) Basic Training Programme for the Train 7 Project, a major NC programme aimed at reskilling young graduates and developing human capital.A total of 331 young graduates from dive...
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NADDC, Reps Tour Coscharis Motors Assembly Plant
November 15, 2024 No Responses

NADDC, Reps Tour Coscharis Motors Assembly Plant

The House of Representative Committee on Industry, accompanied by top Management of the National Automotive Design and Development Council (NADDC) extended its oversight visit on Thursday to Coscharis Motors Assembly Plant in Lagos.The objective of the visit w...
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FEC Approves ₦47.9tn 2025 Budget
November 15, 2024 No Responses

FEC Approves ₦47.9tn 2025 Budget

The Federal Executive Council has approved a proposed national budget of ₦47.9 trillion for the 2025 fiscal year. The Minister of Budget and Economic Planning, Atiku Bagudu, disclosed this on Thursday while briefing State House correspondents after the FEC m...
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NADDC, Reps Visit Mikano, DIG, Dangote Sinotruk
November 14, 2024 No Responses

NADDC, Reps Visit Mikano, DIG, Dangote Sinotruk

The National Automotive Design and Development Council (NADDC), on Wednesday lead the House Committee on Industry on an oversight visit to major Auto Assembly plants in Lagos, as part of a concerted effort to address the challenges and opportunities in...
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Coscharis Secures Geely Franchise, Assemble Products In Lagos
November 14, 2024 No Responses

Coscharis Secures Geely Franchise, Assemble Products In Lagos

Nigeria’s foremost automobile conglomerate, Coscharis Group has sealed partnership with Geely Automobile for the distribution and assembly of Geely vehicles in Nigeria.Already, Coscharis Group has commenced the Assembly of some Geely products in Lagos.Gr...
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Oyetola Inaugurates Inter-Ministerial Committee IMO Election
November 13, 2024 No Responses

Oyetola Inaugurates Inter-Ministerial Committee IMO Election

Minister of Marine and Blue Economy, Adegboyega Oyetola, CON, has called for a comprehensive action in Nigeria’s bid to be elected into Category C of the International Maritime Organisation (IMO) Council, as he inaugurated an Inter-Ministerial Committee ...
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