Category: Economy

Nigeria’s Inflation Drops To 23.18 Per Cent
March 18, 2025 No Responses

Nigeria’s Inflation Drops To 23.18 Per Cent

Nigeria’s inflation rate dropped to 23.18% relative to the January 2025 headline inflation rate of 24.48%. This was disclosed by the Nigeria Bureau of Statistics (NBS) in its February 2025 consumer price index (CPI) on Monday. According to NBS, the...
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Dangote To Build ‘Largest Seaport’ In Ogun
March 17, 2025 No Responses

Dangote To Build ‘Largest Seaport’ In Ogun

Foremost Industrialist and President of the Dangote Industries Limited, Aliko Dangote, has disclosed his plan to build in Ogun State, a multi-billion-dollar Seaport, which will be the largest in Nigeria.He also said two new lines with a capacity of 6.0...
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NSIB, AERO Contractors Sign Aviation Safety MoU
March 17, 2025 No Responses

NSIB, AERO Contractors Sign Aviation Safety MoU

The Nigerian Safety Investigation Bureau (NSIB) and Aero Contractors have signed a Memorandum of Understanding (MoU) to strengthen collaboration in industry-led safety training, knowledge exchange, and human capital development.A statement explained that this ...
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NCDMB Launches ‘Champions Of Nigerian Content Awards’
March 17, 2025 No Responses

NCDMB Launches ‘Champions Of Nigerian Content Awards’

The Nigerian Content Development Monitoring Board (NCDMB), in partnership with Sweetcrude Limited, publishers of SweetcrudeReports, is pleased to announce the launch of the ‘Champions of Nigerian Content Awards’. This prestigious awards ceremony ai...
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CSCS To Host AMEDA Conference 2025
March 16, 2025 No Responses

CSCS To Host AMEDA Conference 2025

Central Securities Clearing System Plc (CSCS) is to host the Africa and Middle East Depositories Association (AMEDA) Annual Conference.This highly anticipated event will hold from April 23 to 25, 2025, at Eko Hotel and Suites, Lagos, Nigeria.Themed “Shap...
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SEC Cancels Mainland Trust Registration, Suspends Centurion Registrars
March 16, 2025 No Responses

SEC Cancels Mainland Trust Registration, Suspends Centurion Registrars

The Securities and Exchange Commission (SEC) has announced the Cancellation of the Registration of Mainland Trust Limited and the suspension of Centurion Registrars.The Commission in separate circulars issued at the weekend said the sanctions were imposed foll...
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TotalEnergies To Sustain Oil, Gas Partnership With Nigeria
March 15, 2025 No Responses

TotalEnergies To Sustain Oil, Gas Partnership With Nigeria

TotalEnergies will continue to partner with Nigeria in development of key oil and gas assets to support Governments revenue generation and community development.The Managing Director of the company, Matthieu Bouyer, gave the assurances during the tour of the T...
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IWD: Ikeja Electricity Celebrates Women In Style
March 15, 2025 No Responses

IWD: Ikeja Electricity Celebrates Women In Style

Every year, the International Women’s Day (IWD) is celebrated globally with a series of activities to raise awareness and foster action on gender equality.At Ikeja Electric, the celebration was marked with a hybrid session with A-list speakers including, Mrs...
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Tantalizers Boosts Blue Economy Agenda, Secures $25m For Expansion
March 14, 2025 No Responses

Tantalizers Boosts Blue Economy Agenda, Secures $25m For Expansion

A player in Nigeria’s Quick-Service Restaurant (QSR) sector, Tantalizers Plc, has secured $25million capital to expand its operations especially in Nigeria’s blue economy. Already, the company has ventured into Nigeria’s blue economy with the acquisition...
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Stanbic IBTC Infrastructure Fund Partners SIFAX Group On Ijora Terminal Development
March 13, 2025 No Responses

Stanbic IBTC Infrastructure Fund Partners SIFAX Group On Ijora Terminal Development

Stanbic IBTC Asset Management Limited, Fund Manager of the Stanbic IBTC Infrastructure Fund has partnered SIFAX Group through its subsidiary, SIFAX Shipping ICT Limited, to facilitate the development of an ultra-modern port terminal on 8.3 hectares of land (~8...
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NNPC Woos Global Investors, Harps On LNG Train7 Project, Others
March 12, 2025 No Responses

NNPC Woos Global Investors, Harps On LNG Train7 Project, Others

The Nigerian National Petroleum Company Limited (NNPC Ltd) has called on global investors to direct their attention to the Nigerian oil and gas sector as the nation is now an investors’ haven owing to the robust regulatory reforms and the...
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Zacch Adedeji:Naira-For-Crude Policy Remains In Place
March 11, 2025 No Responses

Zacch Adedeji:Naira-For-Crude Policy Remains In Place

Our attention has been drawn to reports suggesting that the naira-based crude oil supply arrangement with local refineries has been discontinued, forcing the domestic refineries to rely solely on international crude purchases.These reports do not reflect the r...
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NNPC Reacts To Fresh Controversy On Naira Crude Contract With Dangote Refinery
March 10, 2025 No Responses

NNPC Reacts To Fresh Controversy On Naira Crude Contract With Dangote Refinery

NNPC Limited has noted recent reports circulating on social media regarding the alleged unilateral termination of the crude oil sales agreement in Naira between NNPC Ltd. and Dangote Refinery.To clarify, the contract for the sale of crude oil in Naira...
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FG Reiterates Commitment To Disburse CVFF
March 10, 2025 No Responses

FG Reiterates Commitment To Disburse CVFF

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has reaffirmed the commitment of President Bola Ahmed Tinubus administration to the disbursement of the Cabotage Vessel Financing Fund (CVFF).This was the focus of discussions whe...
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