Category: Economy

Oando Reports N60.3b Profit, N2.9tri Revenue In 2023
November 4, 2024 No Responses

Oando Reports N60.3b Profit, N2.9tri Revenue In 2023

Oando Plc has reported a Profit After Tax (PAT) of N60.3 billion in its audited financials for the year ended December 31, 2023.City Business News online reports that within the period, the company recorded a 43 per cent increase in...
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Customs Facilitates First Shipment From Nigeria To Kenya Under AfCFTA
November 4, 2024 No Responses

Customs Facilitates First Shipment From Nigeria To Kenya Under AfCFTA

The Nigeria Customs Service (NCS) has facilitated Nigeria’s first shipment to Kenya, with Lucky Fibres, a subsidiary of the Tolaram Group, becoming one of the first companies to ship goods to Kenya under the African Continental Free Trade Area Agreement....
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Shippers’ Council Boss Lauds Staff, Harps On Maritime Logistics, Infrastructure, AfCFTA, Others
November 4, 2024 No Responses

Shippers’ Council Boss Lauds Staff, Harps On Maritime Logistics, Infrastructure, AfCFTA, Others

The Executive Secretary/Chief Executive Officer, Nigerian Shippers Council (NSC), Pius Akutah has commended staff for their dedication and selfless service to the Council especially in the last one year under his leadership.Akutah made the submissions on Sunda...
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Q3: Access Holdings Declares N3.4tri Gross Revenue
November 3, 2024 No Responses

Q3: Access Holdings Declares N3.4tri Gross Revenue

Access Holdings Plc has announced its unaudited results for the third quarter ended September 30, 2024.According to the foremost financial institution, gross revenue for the nine-month period rose by 114.5% year-on-year, climbing from ₦1.6 trillion in 2023 t...
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Dangote Refinery: We Sell At N960/litre Into Ships, N990 For Trucks
November 3, 2024 No Responses

Dangote Refinery: We Sell At N960/litre Into Ships, N990 For Trucks

Dangote Refinery, on Sunday disclosed that it is selling petrol at a reduced rate of N960 per liter for supply via ships and N990 per liter for supply via trucks.A statement issued by Group Chief Branding and Communications Officer, Anthony...
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Ibom Air Boosts Fleet With Two New Aircraft
November 2, 2024 No Responses

Ibom Air Boosts Fleet With Two New Aircraft

Fast growing Akwa Ibom State Government-owned commercial airline, Ibom Air, has added two new CRJ 900s aircraft to its fleet.The addition brings to four, the number of new aircraft received by the airline this year (2024).The two new aircraft increased...
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NADDC Engages Univers Acier To Foster Nigeria-Morocco Steel Partnerships
November 2, 2024 No Responses

NADDC Engages Univers Acier To Foster Nigeria-Morocco Steel Partnerships

Director General, National Automotive Design and Development Council (NADDC),Mr. Joseph Osanipin, on October 31, 2024, led a delegation on a visit to Univers Acier, a prominent steel construction company in Morocco.The primary aim of the visit, according to NA...
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Tax Bill: Tinubu Rejects NEC’s Proposal
November 2, 2024 No Responses

Tax Bill: Tinubu Rejects NEC’s Proposal

President Bola Tinubu has rejected the National Economic Council’s (NEC) proposal to withdraw the controversial tax reform bill, insisting the council follow the “legislative process.” In a statement on Friday, Tinubu’s spokesperson, Bayo Onanuga,...
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Air Peace: A Nigerian Product, Nigerian Pride, Says Shettima
November 1, 2024 No Responses

Air Peace: A Nigerian Product, Nigerian Pride, Says Shettima

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NDDC Partners Bank, Commissions Branch
November 1, 2024 No Responses

NDDC Partners Bank, Commissions Branch

The Niger Delta Development Commission (NDDC) is to sustain collaboration with financial institutions as part of efforts to accelerate economic growth and development in the Niger Delta region.Speaking during the commissioning of a Providus Bank branch at the ...
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ABC Transport Expands Haulage Capacity At Lafarge Cement, Rolls Out CNG Trucks
November 1, 2024 No Responses

ABC Transport Expands Haulage Capacity At Lafarge Cement, Rolls Out CNG Trucks

ABC Haulage, the heavy-duty trucking division of ABC Transport Plc, has expanded itscapacity at Lafarge Africa’s cement factory. City Business News reports that this strategic move includes the introductionof a fleet of Compressed Natural Gas (CNG) powered t...
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Customs Boss Hosts NAGAFF Team, Commits To Enhancing Collaborative Opportunities
November 1, 2024 No Responses

Customs Boss Hosts NAGAFF Team, Commits To Enhancing Collaborative Opportunities

The Comptroller-General of Customs (CGC), Adewale Adeniyi, received a delegation from the National Association of Government Approved Freight Forwarders (NAGAFF) on Tuesday, 29 October 2024, at the Nigeria Customs Service (NCS) Headquarters in Abuja, led by th...
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NIWA Boss At IMO, Harps On Safety On Nigerian Inland Waterways
November 1, 2024 No Responses

NIWA Boss At IMO, Harps On Safety On Nigerian Inland Waterways

As part of efforts to sanitize the system, ensure all round security, safety, and continuously guaranteeing adequate protection of lives and property of the citizens on the Inland Waterways in Nigeria, the Managing Director/Chief Executive Officer, National In...
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Nigeria Invests $618m In iDICE Project
October 31, 2024 No Responses

Nigeria Invests $618m In iDICE Project

The Nigerian Government has announced an investment of $618 million in the Investment in Digital and Creative Enterprises (iDICE) project to strengthen Nigeria’s creative industry including the carnival sector. This was announced by Vice-President Kashim She...
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