Category: Economy

Owerri Agog As NADDC Unveils CNG Empowerment, Awareness Summit
March 19, 2025 No Responses

Owerri Agog As NADDC Unveils CNG Empowerment, Awareness Summit

The National Automotive Design and Development Council (NADDC) has kicked off an important initiative to promote the adoption of Compressed Natural Gas (CNG) as a sustainable fuel alternative in Nigeria.The Council hosted the CNG Empowerment and Awareness Summit on Wednesday...
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DANGOTE SUSPENDS SALES OF PETROLEUM PRODUCTS IN NAIRA
March 19, 2025 No Responses

DANGOTE SUSPENDS SALES OF PETROLEUM PRODUCTS IN NAIRA

The management of Dangote Petroleum Refinery has temporarily halted the sale of petroleum products in Naira.In a statement issued on Wednesday, the company explained that the decision is necessary to avoid a “mismatch between our sales proceeds and our c...
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Ethiopian Airlines, Etihad Airways Sign Connectivity Partnership
March 19, 2025 No Responses

Ethiopian Airlines, Etihad Airways Sign Connectivity Partnership

Ethiopian Airlines and Etihad Airways have signed a landmark Joint Business Agreement to enhance connectivity between Africa, the Middle East, and Asia.This strategic partnership includes a codeshare arrangement and the launch of new flights between Addis Abab...
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CNG: NADDC Partners OMAA Motors To Train 60 Technicians In Imo
March 18, 2025 No Responses

CNG: NADDC Partners OMAA Motors To Train 60 Technicians In Imo

The National Automotive Design and Development Council (NADDC) has launched a training programnev in collaboration with OMAA Motors, aimed at converting petrol vehicles to Compressed Natural Gas (CNG) powered vehicles.The programme, held in Owerri, Imo State, ...
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Apapa Customs Attains ₦18.9b Daily Collection
March 18, 2025 No Responses

Apapa Customs Attains ₦18.9b Daily Collection

The Apapa Port Command of Nigeria Customs Service (NCS), on Friday, March 14, 2024 attained daily revenue collection of ₦18.9billion, the highest in the history of the command.  City Business News reports that the new record breaks the existing highest....
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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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