Category: Economy

Listed Firms Declare N1.1trillion Dividend In 2024
May 25, 2025 No Responses

Listed Firms Declare N1.1trillion Dividend In 2024

The Securities and Exchange Comission (SEC) has said that listed companies declared dividends totaling N1.1trillion to shareholders in 2024.The Director-General of SEC, Dr Emomotimi Agama, disclosed this at the first quarter Capital Market Committee (CMC) meeting in Lagos.Agama said out...
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FG To Dredge Lekki Port Channel
May 25, 2025 No Responses

FG To Dredge Lekki Port Channel

The Nigerian Federal Government(FG) has approved maintenance dredging of the $1.5bn Lekki Deep seaport channel from its present 16.5metres to 17metres in the first instance as it targets 19meters depth.Speaking at the weekend during a visit toLekki port, the M...
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NLNG At WGC In Beijing, Harps On Fleet Upgrades, Policy, Trade Routes
May 23, 2025 No Responses

NLNG At WGC In Beijing, Harps On Fleet Upgrades, Policy, Trade Routes

NLNG Manager, Commercial Contract Management, Tolu Longe, at the 2025 World Gas Conference (WGC) in Beijing, China, harped on current debates session on ‘LNG Shipbuilding and LNG Transportation’.During the session, she explored the critical interse...
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Customs Partners Cross-River On Economic Growth
May 23, 2025 No Responses

Customs Partners Cross-River On Economic Growth

The Nigeria Customs Service (NCS) and Cross River State are collaborating to propel economic growth.In his remarks during a meeting with the Executive Governor of Cross River State, Prince Bassey Otu, at the Customs Headquarters in Abuja, the Comptroller-Gener...
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Tinubu To NNPCL Board: Turn Economy Around
May 23, 2025 No Responses

Tinubu To NNPCL Board: Turn Economy Around

President Bola Tinubu has inaugurated the new board of the Nigerian National Petroleum Company Limited (NNPCL) and charged them to use their wealth of experience to turn the country’s economy around.   Tinubu inaugurated them in Abuja on Thursday, ...
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Court Winds Up Illegal Capital Market Firm
May 22, 2025 No Responses

Court Winds Up Illegal Capital Market Firm

Justice C.J. Aneke of the Federal High Court sitting in Ikoyi , Lagos, on Thursday, May 22, 2025, ordered the winding up of a fraudulent collective investment scheme firm, CJC Markets Limited, over failure to register with the Securities and...
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Aderogba Emerges President/CEO, Regional Maritime Development Bank
May 22, 2025 No Responses

Aderogba Emerges President/CEO, Regional Maritime Development Bank

The Minister of Marine and Blue Economy, Adegboyega Oyetola has announced that President Bola Ahmed Tinubu has given approval for Nigeria’s hosting of the long-awaited Regional Maritime Development Bank (RMDB) and appointed a Nigerian, Mr. Adeniran Aderogba,...
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TEBA Foundation To Honour Expatriate Entrepreneurs With Awards
May 22, 2025 No Responses

TEBA Foundation To Honour Expatriate Entrepreneurs With Awards

A Non-Governmental Organisation(NGO),TEBA Foundation for Humanity has commended the contributions of expatriates to the growth of Nigeria’s Gross Domestic Product (GDP).The foundation in order to further encourage the expatriates irrespective of their countr...
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Dangote Refinery Reduces PMS Price
May 22, 2025 No Responses

Dangote Refinery Reduces PMS Price

Dangote Petroleum Refinery & Petrochemicals has announced another reduction of N15 in the price of its Premium Motor Spirit (PMS).As a result of this reduction, Nigerians will now purchase the product at the following prices: N875 per litre in Lagos;...
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NLNG Boss In China, Seeks Gas Development Diversity
May 21, 2025 No Responses

NLNG Boss In China, Seeks Gas Development Diversity

The Managing Director/ Chief Executive Officer, NLNG, Philip Mshelbila, has reiterated call for diversity of gas development globally.The NLNG boss spoke at the 29th World Gas Conference (WGC2025) in Beijing, China, contributing to a high-level conversation on...
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Tanzania Pledges Support For Nigeria’s IMO Category C Bid
May 20, 2025 No Responses

Tanzania Pledges Support For Nigeria’s IMO Category C Bid

The Nigerian Maritime Administration and Safety Agency, NIMASA, and the Tanzanian counterpart, the Tanzania Shipping Agencies Corporation ,TASAC, have deepened cooperation in knowledge sharing in the areas of Flag and Port State Control, Seafarer Development a...
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Olowo Lauds Tinubu Over Appointment Of Dr Akinola As MD, SWDC
May 19, 2025 No Responses

Olowo Lauds Tinubu Over Appointment Of Dr Akinola As MD, SWDC

The Olowo of Owo kingdom, HRH Ajibade Gbadegesin Ogunoye 11, has joined the growing list of prominent Yoruba traditional rulers and leaders that have applauded the appointment of Dr Charles Akinola as the Managing Director of the South West Development...
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Customs, NIPR Forge Alliance To Strengthen Professionalism
May 18, 2025 No Responses

Customs, NIPR Forge Alliance To Strengthen Professionalism

The Nigeria Customs Service (NCS) and the Nigerian Institute of Public Relations (NIPR), FCT Chapter, have agreed to deepen collaboration in promoting professionalism, ethical standards, and strategic communication in public relations practice.This was the out...
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Shippers’ Council Seeks Intermodal Transport Infrastructure At Lekki Sea Port
May 16, 2025 No Responses

Shippers’ Council Seeks Intermodal Transport Infrastructure At Lekki Sea Port

The Executive Secretary/CEO of Nigerian Shippers’ Council, Dr. Akutah Pius, MON, has stressed the importance of developing intermodal transportation infrastructure at the Lekki Sea Port.Speaking at the 2025 Intermodal Transport System Annual Roundtable i...
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