Category: Economy

CNG: FG Lists Approved Conversation Workshops
October 18, 2024 No Responses

CNG: FG Lists Approved Conversation Workshops

The National Automotive Design and Development Council (NADDC) has emphasized the need to obtain standard Compressed Natural Gas (CNG) Conversion from NADDC accredited Vehicle Conversion Workshops across the country.A notice issued by NADDC and obtained by City Business News explained...
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FG, States, LGAs Share N1.289tri
October 18, 2024 No Responses

FG, States, LGAs Share N1.289tri

The Federation Account Allocation Committee (FAAC), at its October 2024 meeting chaired by the Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, shared a total sum of N1.298 Trillion to the three tiers of government as...
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UAE Partners NDDC On Development Projects
October 17, 2024 No Responses

UAE Partners NDDC On Development Projects

The United Arab Emirates, UAE, and the Niger Delta Development Commission, NDDC, have agreed to set up a joint committee to develop a partnership framework to support development projects and programmes in the Niger Delta region.This followed a meeting between...
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FG Meets Labour Leaders Over Petrol Price Hike
October 17, 2024 No Responses

FG Meets Labour Leaders Over Petrol Price Hike

The Federal Government on Wednesday met with the leadership of the Organised Labour at the office of the Secretary to the Government of the Federation, George Akume, Abuja. Minister of Information and National Orientation, Mohammed Idris, led the Federal Gover...
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Lagos To Pay N85,000 Minimum Wage, Explains Debt Profile
October 17, 2024 No Responses

Lagos To Pay N85,000 Minimum Wage, Explains Debt Profile

The Lagos state government is to pay N85,000 minimum wage to civil servants, higher than the Federal Government’s approved minimum wage of N70,000. Mr Babajide Sanwo-Olu, Lagos state Governor stated this in an interview on Channels Television on Wednesday ...
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NASENI Awards N70.5m Grant To Six Female Engineers
October 16, 2024 No Responses

NASENI Awards N70.5m Grant To Six Female Engineers

The National Agency for Science and Engineering Infrastructure (NASENI) through the Presidential Implementation Committee on Technology Transfer (PICTT) has awarded the sum of N70.5 million naira grant to six winners of the Developing Engineering Leaders Throu...
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NIMASA DG Harps On Public Private Partnership Mode For Maritime Infrastructural development
October 15, 2024 No Responses

NIMASA DG Harps On Public Private Partnership Mode For Maritime Infrastructural development

The Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dayo Mobereola has asserted that adopting the Public Private Partnership (PPP) model is essential for the infrastructural development of Nigeria’s maritime sector.The Direc...
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Access Bank, SaltinGStein Unveil Winbundle Airtime2Win
October 15, 2024 No Responses

Access Bank, SaltinGStein Unveil Winbundle Airtime2Win

Access Bank has partnered SaltinGTein to unveil Winbundle Airtime2Win on its digital platform to provide customers a chance to turn airtime purchase into a potential life-changing event.Winbundle Airtime2Win enables customers to purchase airtime via *901# and ...
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Seplat CFO: ESG, Regulatory Frameworks Driving Energy Investments In Africa
October 13, 2024 No Responses

Seplat CFO: ESG, Regulatory Frameworks Driving Energy Investments In Africa

Environment, Social and Governance (ESG) standards and regulatory frameworks in African countries significantly shape oil and gas investments in the continent, as they influence costs, compliance requirements, and project risk profiles.The Chief Financial Offi...
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SEC DG: Capital Market Can Galvanise Funds To Finance Nigeria’s Infrastructural Deficit
October 13, 2024 No Responses

SEC DG: Capital Market Can Galvanise Funds To Finance Nigeria’s Infrastructural Deficit

The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has described the capital market as being grossly undersold in helping to finance the homogous infrastructure deficit in the domestic economy.Dr. Agama said considering ...
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FPSO To Increase Oil Production By 40,000 bpd
October 13, 2024 No Responses

FPSO To Increase Oil Production By 40,000 bpd

The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri has commended the progress of work on the Floating Production Storage and Offloading (FPSO) facility in Lagos, a joint venture between NNPC Limited and Century Nigeria Limited, in partners...
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Nigeria Pledges Enhanced Cooperation With Japan
October 12, 2024 No Responses

Nigeria Pledges Enhanced Cooperation With Japan

The Nigerian Government will continue to strengthen its ties with Japan as part of measures to deepen trade and exploit more opportunities in areas of infrastructural development, food security, and health, among others.This, Vice President Kashim Shettima sta...
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Oyetola Tasks Shippers Council On Construction Of Gateway Inland Dry Port
October 12, 2024 No Responses

Oyetola Tasks Shippers Council On Construction Of Gateway Inland Dry Port

THE Minister of Marine and Blue Economy, Alhaji Adegboyega Oyetola has performed the ceremonial ground-breaking of the Gateway Inland Dry Port in Ogun.The Minister who performed the ceremony on Friday also directed the Nigerian Shippers’ Council (NSC) to ens...
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Chisco Transport Deploys New Buses, To Unveil More Branches
October 11, 2024 No Responses

Chisco Transport Deploys New Buses, To Unveil More Branches

Chisco Transport, one of the country’s front runners in long distance passenger transportation and logistics for over 45 years, has announced the deployment of over 50 brand new luxury buses with innovative features to various routes.In what it described in....
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