Category: Economy

Gbajabiamila Lauds NASENI’s Technological Advancements, Product Innovations
August 22, 2024 No Responses

Gbajabiamila Lauds NASENI’s Technological Advancements, Product Innovations

The Chief of Staff to President Bola Ahmed Tinubu, Rt. Hon. Femi Gbajabiamila, CFR, has commended the National Agency for Science and Engineering Infrastructure (NASENI) for its technological advancements, product innovations and interventions in various sectors of the economy.The Chief...
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50,000 Target: Firstbank , NCF Extend Tree Planting To FCT
August 22, 2024 No Responses

50,000 Target: Firstbank , NCF Extend Tree Planting To FCT

FirstBank, in partnership with the Nigerian Conservation Foundation (NCF), has launched a major tree-planting initiative to enhance Nigeria’s vegetation cover.According to the bank, the tree planting exercise led by Aishatu Bubaram, the Group Executive, Comm...
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At Windhoek Conference, NCDMB Lists Gains Of NOGICD Act
August 22, 2024 No Responses

At Windhoek Conference, NCDMB Lists Gains Of NOGICD Act

The Nigerian Oil and Gas Industry Content Development (NOGICD) Act, 2010 and its astonishing success in resetting oil and gas industry spending and in-country capacity development was the fulcrum of a presentation by the Executive Secretary of the Nigerian Con...
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Oyetola Pledges Support For Bakassi Deep seaport
August 21, 2024 No Responses

Oyetola Pledges Support For Bakassi Deep seaport

Minister of Marine and Blue Economy, Adegboyega Oyetola has assured the Cross River State Governor, Senator Bassey Edet Otu that he would not allow bureaucracy slow down the actualisation of the Bakassi Deep seaport project.He gave the assurance on Wednesday.....
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Presco To Construct Ugo-Evboesi Axis Of Benin-Abraka Expressway
August 21, 2024 No Responses

Presco To Construct Ugo-Evboesi Axis Of Benin-Abraka Expressway

Presco Plc has concluded plans to commence the construction of Ugo-Evboesi axis of the Benin-Abraka Road under the Edo State Infrastructure Development and Social Investment Tax Credit Scheme.The scheme was set up by Governor Godwin Obaseki to enable companies...
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AAAM Harps On Legal Framework For NAIDP
August 21, 2024 No Responses

AAAM Harps On Legal Framework For NAIDP

The Africa Association of Automotive Manufacturers (AAAM), on Tuesday, 20th August, 2024, made a passionate appeal for proper legislation of the 2023-Nigeria Automotive Industry Development Plan (NAIDP), which according to them would enhance rapid development ...
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CBN Explains High Remittance Inflows Of $553m In July
August 21, 2024 No Responses

CBN Explains High Remittance Inflows Of $553m In July

For the Month of July, 2024, the Central Bank of Nigeria (CBN) has reported a significant increase in remittance inflows, reaching $553m, a 130 per cent increase from the corresponding period in 2023. A statement by the Apex bank’s Ag....
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Minister Reiterates Support For Badagry Deep Seaport
August 20, 2024 No Responses

Minister Reiterates Support For Badagry Deep Seaport

The Minister of Marine and Blue Economy, Adegboyega Oyetola, has reiterated the Ministry’s commitment to facilitate the process that would lead to the realization of the Badagry Deep Sea port project.Speaking on Tuesday in Abuja during a meeting with the...
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NADDC, AAAM Team Visit Mikano, Vita Parts, Chanrai, Others
August 20, 2024 No Responses

NADDC, AAAM Team Visit Mikano, Vita Parts, Chanrai, Others

Inline with the developmental programmes of the 2023-Nigeria Automotive Industry Development Plan geared towards enhancing automotive components Integration in the industry, the National Automotive Design and Development Council (NADDC) and the African Associa...
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NPA Set To Implement Electronic Call-Up At Onne Port Complex
August 20, 2024 No Responses

NPA Set To Implement Electronic Call-Up At Onne Port Complex

Photo Caption: Managing Director / CEO Nigerian Ports Authority (NPA) Dr. Abubakar Dantsoho (Middle), Executive Director Marine & Operations NPA , Engr. Olalekan Badmus (4th Left), Chief Executive Officer Callup Technology Services Limited Mr. Timi Koleolu...
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NNPC Declares N3.3tri Net Profit, N2.1tri Dividend
August 19, 2024 No Responses

NNPC Declares N3.3tri Net Profit, N2.1tri Dividend

The NNPC Limited has released its 2023 Audited Financial Statement (AFS), declaring a net profit of N3.297 trillion at the close of the financial year which ended in December 2023, an increase of over N700billion (28%) when compared to the...
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Oil Palm: Edo Flags Off New Phase With 50,000 Hectares
August 18, 2024 No Responses

Oil Palm: Edo Flags Off New Phase With 50,000 Hectares

The Edo State Governor, Mr. Godwin Obaseki, at the weekend flagged off the second phase of the Edo State Oil Palm Programme (ESOPP) with about 50,000 hectares of land at Okogbo Community in Orhionmwon Local Government Area of the State.Obaseki,...
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TotalEnergies Starts Production From Anchor Field
August 18, 2024 No Responses

TotalEnergies Starts Production From Anchor Field

TotalEnergies has announced the start of production from the Anchor field, located in the US Gulf of Mexico, in which the Company has a 37.14% interest alongside operator Chevron (62.86%). Located 225 kilometers off the Louisiana coast, Anchor, which developme...
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NCDMB, NLNG Commission Galvanizing Plant For Train 7 Project
August 17, 2024 No Responses

NCDMB, NLNG Commission Galvanizing Plant For Train 7 Project

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe on Friday commissioned the 10,000 Tons per annum galvanizing plant constructed by Daewoo Engineering Nigeria Limited, one of the engineering, procurem...
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