Category: Economy

Nestlé Appoints Oyebode Board Chairman
May 23, 2023 No Responses

Nestlé Appoints Oyebode Board Chairman

The Board of Nestlé Nigeria PLC has appointed Mr. Gbenga Oyebode  as the new Chairman of the Board of Directors with effect from May 18, 2023.   The appointment announced to shareholders and other stakeholders at the Annual General Meeting of...
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661 Containers Lost At Sea, Says World Shipping Council   
May 22, 2023 No Responses

661 Containers Lost At Sea, Says World Shipping Council   

The World Shipping Council (WSC) has released its annual report on containers lost at sea, revealing positive developments in container safety within the international liner shipping industry. City Business News report that the report covers the year 2022, sho...
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MINISTER COMMISSIONS NIMASA BOATS, SEARCH AND RESCUE BASE CLINIC, OTHERS
May 22, 2023 No Responses

MINISTER COMMISSIONS NIMASA BOATS, SEARCH AND RESCUE BASE CLINIC, OTHERS

The Minister of Transportation, Engineer Mu’azu Jaji Sambo, in Lagos at the weekend commissioned five enforcement boats and four ferries for staff of the Nigerian Maritime Administration and Safety Agency, NIMASA.  Also commissioned were newly acqui...
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BUHARI: DANGOTE REFINERY, GAME CHANGER FOR NIGERIA’S ECONOMY
May 22, 2023 No Responses

BUHARI: DANGOTE REFINERY, GAME CHANGER FOR NIGERIA’S ECONOMY

President Muhammadu Buhari Monday inaugurated Dangote Petroleum Refinery in Ibeju-Lekki, Lagos, which is expected to enable Nigeria to achieve self-sufficiency in refined products and even have surplus for export.Speaking at the occasion attended by Heads of S...
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Photo News
May 22, 2023 No Responses

Photo News

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Nigeria Unveils Revised National Agric Seed Policy
May 17, 2023 No Responses

Nigeria Unveils Revised National Agric Seed Policy

As part of measures to boost farmers’ unrestricted access to best genetics and enhance productivity, the Minister of Agriculture and Rural Development, Dr. Mohammad Abubakar has unveiled Revised National Agricultural Seed Policy According to the Ministe...
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Lekki Port Adopts Electronic Call-Up System, Ready For Transhipments  
May 15, 2023 No Responses

Lekki Port Adopts Electronic Call-Up System, Ready For Transhipments  

The promoters of the Lekki Deep Sea Port- Lekki Port LFTZ Enterprise Limited (LPLEL) and the terminal operator-Lekki Freeport Terminal (LFT) have expressed the readiness of the Port for transhipment operations and restore the status of Nigeria as a cargo...
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Fidelity Bank CEO Bags Champion Newspapers’ Banker Of The Year Award
May 15, 2023 No Responses

Fidelity Bank CEO Bags Champion Newspapers’ Banker Of The Year Award

Managing Director/Chief Executive Officer, Fidelity Bank Plc, Mrs. Nneka Onyeali-Ikpe has received yet another recognition as she bagged the award of the Banker of the Year 2022 at the Champion Newspapers’ Awards of the Year 2022. Held at the Eko...
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Lekki Port: Clearance Of Goods Takes Five To Ten Days
May 15, 2023 No Responses

Lekki Port: Clearance Of Goods Takes Five To Ten Days

The container terminal operator for the Lekki Deep Sea Port-Lekki Freeport Terminal, a subsidiary of the CMA/CGM Group, has assured shippers of a faster turnaround time for the clearance of goods from the Port, stating that it will take between five...
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NPA MD Bags Maritime Icon Of The Year Award
May 13, 2023 No Responses

NPA MD Bags Maritime Icon Of The Year Award

The Managing Director/ Chief Executive Officer of Nigerian Ports Authority (NPA), Mohammed Bello Koko has emerged   Champion Newspapers’ Maritime Icon Of the Year Award.  City Business News reports that the awards is in recognition of Koko...
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CJN Harps On Sustained Fight Against Piracy
May 11, 2023 No Responses

CJN Harps On Sustained Fight Against Piracy

The Chief Justice of Nigeria and Chairman, Board of Governors of the National Judicial Institute, Hon. Justice Olukayode Ariwoola, has stated that the judiciary has a role to play in all legal forms of fight against piracy, noting that a...
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Toyota Appoints CFAO Motors Distributor In Nigeria
May 11, 2023 No Responses

Toyota Appoints CFAO Motors Distributor In Nigeria

By Moses Ebosele, ebosele@hotmail.com Foremost distributor of mobility products and services in Nigeria, CFAO Motors has been appointed as an official distributor of Toyota vehicles in Nigeria.  The appointment positions CFAO Motors as the ...
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Nigeria Approves New Auto Policy
May 11, 2023 No Responses

Nigeria Approves New Auto Policy

The Federal Executive Council (FEC) has approved the new National Automotive Industry Development Plan (NAIDP) 2023. The memo for the plan was presented by the Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, during this Wednesday FEC meetin...
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NPA, Customs, NEPZA, Others Reiterate Support For Lekki Port
May 11, 2023 No Responses

NPA, Customs, NEPZA, Others Reiterate Support For Lekki Port

By Moses Ebosele, ebosele@hotmail.com Key Federal Government agencies have resumed full activities at the recently inaugurated $1.5 billion Lekki Port and Lekki Freeport Terminal.  Representatives of the agencies who spoke at an interactive sess...
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