Category: Economy

Carloha Unveils Tiggo 9 SUV, Reaffirms 6-6-7 Initiative
September 16, 2025 No Responses

Carloha Unveils Tiggo 9 SUV, Reaffirms 6-6-7 Initiative

The sensational Chery Tiggo 9 Sports Utility Vehicle (SUV) has officially settled in Nigeria.Unveiling the SUV at a colourful ceremony in Lagos at the weekend,Carloha Nigeria reaffirmed its commitment to redefining vehicle ownership in Nigeria with CarlohaCare brand. The company...
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Methane Emissions: NLNG Seeks Industry-Wide Action
September 14, 2025 No Responses

Methane Emissions: NLNG Seeks Industry-Wide Action

NLNG is intensifying its drive to reduce methane emissions by embedding prevention measures into its facility design, upgrading existing assets, and commissioning new technologies, the Managing Director and Chief Executive Officer, Philip Mshelbila, has said.S...
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NLNG Secures New Gas Deals
September 14, 2025 No Responses

NLNG Secures New Gas Deals

NIGERIA LNG (NLNG) has secured a strategic shift toward third-party gas sourcing to sustain production and meet growing energy demands across Africa and global markets.Mr Nnamdi Anowi, General Manager, Production, NLNG, disclosed this while addressing a Focuss...
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Nigeria Takes IMO Council Campaign To New York, Courts African UN Envoys
September 14, 2025 No Responses

Nigeria Takes IMO Council Campaign To New York, Courts African UN Envoys

Photo Caption: Minister of Marine and Blue Economy, Adegboyega Oyetola, CON (2nd left), Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola (right) and some African Permanent Representatives to the United Nations, ...
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Clarifying Role Of Market Players In Nigeria’s Downstream Petroleum Sector By Olufemi A. Adewole
September 13, 2025 No Responses

Clarifying Role Of Market Players In Nigeria’s Downstream Petroleum Sector By Olufemi A. Adewole

The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has watched with dismay the unfolding tensions between the Dangote Petroleum Refinery and the National Union of Petroleum and Natural Gas Workers (NUPENG).While the matter may not dire...
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Jetour X70 Plug-In Hybrid Electric Vehicle Boosts Fuel Efficiency, Promotes Green Energy
September 10, 2025 No Responses

Jetour X70 Plug-In Hybrid Electric Vehicle Boosts Fuel Efficiency, Promotes Green Energy

In this era where motorists are very concerned about fuel efficiency, Jetour is one brand that many auto enthusiasts worry little about because the models are built to deliver more power and torque with as little fuel as possible.This is...
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CBN Projects $1b Diaspora Reserve
September 10, 2025 No Responses

CBN Projects $1b Diaspora Reserve

The Central Bank of Nigeria (CBN) is targeting a diaspora reserve of $1billion by 2026.Dr Olayemi Cardoso, the Governor of CBN, said this at the 18th Annual Banking and Finance Conference organised by the Chartered Institute of Bankers of Nigeria...
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Comptroller Adebola Salawu Resumes At Lagos Industrial Area Command
September 9, 2025 No Responses

Comptroller Adebola Salawu Resumes At Lagos Industrial Area Command

Comptroller Adebola Salawu on Monday, resumed at Lagos Industrial Area Command as Customs Area Controller (CAC), following the retirement of Comptroller Sarah Mamza Wadinda.The predecessor retired shortly after the commissioning of the ‘Customs Cares’ corp...
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Adenuga Resumes As CAC Seme Command
September 9, 2025 No Responses

Adenuga Resumes As CAC Seme Command

Comptroller Wale Adenuga, on Monday assumed duty as the Customs Area Controller (CAC) in charge of Seme Area Command.A statement by the Customs Public Relations Officer of the command, Isah Sulaiman explained that the handing over from ACG Benedict Oramalugo.....
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Freight Forwarders Petition Minister Over Alleged First Bank’s Persistent System Downtime
September 6, 2025 No Responses

Freight Forwarders Petition Minister Over Alleged First Bank’s Persistent System Downtime

The Africa Association of Professional Freight Forwarders and Logistics of Nigeria (APFFLON) has petitioned the Minister of Finance, Wale Edun, over what it described as a crippling and persistent system downtime at First Bank of Nigeria that has paralyzed dut...
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Stock Market Investors Trade N90.3b Equities In Four Days
September 6, 2025 No Responses

Stock Market Investors Trade N90.3b Equities In Four Days

Stock market investors traded 3.117 billion shares worth N90.295 billion in 118,018 transactions on the Exchange during the week just ended.This compares with 3.199 billion shares valued at N85.399 billion exchanged last week in 142,477 deals.Consequently, the...
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Finance Minister, NLNG Delegation Brianstorm On Gas Output, Reforms
September 5, 2025 No Responses

Finance Minister, NLNG Delegation Brianstorm On Gas Output, Reforms

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun,on Thursday held strategic discussions with the management of Nigeria LNG (NLNG) and other stakeholders on critical issues aimed at shaping the future of Nigeria’s gas industry.T...
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Dubai Firm Invests $3m In Solar Power, Smart Meter Projects In Bayelsa
September 4, 2025 6 Responses

Dubai Firm Invests $3m In Solar Power, Smart Meter Projects In Bayelsa

Bayelsa State and Jampur Group, a company based in Dubai, United Arab Emirates, on Thursday signed a Memorandum of Understanding (MoU) to set up renewable energy (solar power) and smart metering production plants in the state.The $3m investment would be...
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Bayelsa Seeks Stake In $3.5b Brass Fertiliser, Petrochemical Project‎
September 3, 2025 No Responses

Bayelsa Seeks Stake In $3.5b Brass Fertiliser, Petrochemical Project‎

Bayelsa State government has solicited for equity stake in the Brass Fertiliser and Petrochemical Company project about to commence on the Brass Island in the state.Governor Douye Diri made the request on Tuesday when the management team of the company...
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