Category: Economy

Ogbuku: Niger Delta Chamber Of Commerce, Catalyst For Growth
October 11, 2024 No Responses

Ogbuku: Niger Delta Chamber Of Commerce, Catalyst For Growth

The Managing Director of the Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku, has described the Niger Delta Chamber of Commerce, Industry, Trade, Mines and Agriculture, NDCCITMA, as a catalyst for growth in the Niger Delta region.Ogbuku, who made the...
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At World Ports Conference, NPA Boss Seeks Support For Nigeria’s Single Window
October 11, 2024 No Responses

At World Ports Conference, NPA Boss Seeks Support For Nigeria’s Single Window

The Managing Director of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho has solicited the renewed support and technical synergy of the global shipping community as Nigeria finalizes moves to implement the National Single Window (NSW) project.Speakin...
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Caribbean Countries Seek Dangote’s Partnership In Cement, Fertiliser Production
October 10, 2024 No Responses

Caribbean Countries Seek Dangote’s Partnership In Cement, Fertiliser Production

The Prime Minister of Grenada, Dickon Mitchell, has described the Dangote Petroleum Refinery and Petrochemicals as a significant investment in industrialisation and manufacturing needed by developing countries for their industrial growth.He noted that it is th...
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Yingqi Auto Machinery Unveils Factory To Revive Vehicle Engine
October 10, 2024 No Responses

Yingqi Auto Machinery Unveils Factory To Revive Vehicle Engine

Yingqi Auto Machinery Co., Ltd., an auto company specializing in car engine refurbishment, has been established in Lagos to help motorists maximise the service life of their vehicles.In addition, the company provides automotive new energy technology support to...
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NLC Faults Fuel Price Hike
October 10, 2024 No Responses

NLC Faults Fuel Price Hike

The Nigeria Labour Congress (NLC) on Wednesday rejected the new increase in petrol pump price, saying it will further deepen poverty in the country. “It will further deepen poverty as production capacities dip, more jobs lost with multidimensional negative e...
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‘Emefiele Violated Procedure In Redesigned Naira’
October 10, 2024 No Responses

‘Emefiele Violated Procedure In Redesigned Naira’

A former Deputy Governor of the Central Bank of Nigeria (CBN), Edward Adamu, on Wednesday told the Federal Capital Territory High Court Abuja that Godwin Emefiele, a former Governor of the Bank did not follow laid down procedure in the...
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Seplat CEO: Africa’s Abundant Gas Reserves Offer Immediate Solutions To Prevailing Problems
October 9, 2024 No Responses

Seplat CEO: Africa’s Abundant Gas Reserves Offer Immediate Solutions To Prevailing Problems

Africa has abundant gas reserves, and these rich reserves offer immediate solutions to the continent’s immediate and prevailing challenges if well leveraged.The Chief Executive Officer, Seplat energy Plc, Mr. Roger Brown, said this during the ongoing Africa ...
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Nigeria Customs Partners WCO, WBG, IMF On Trade Facilitation
October 9, 2024 No Responses

Nigeria Customs Partners WCO, WBG, IMF On Trade Facilitation

The Nigeria Customs Service (NCS), in collaboration with the World Customs Organisation (WCO), the World Bank Group (WBG), and the International Monetary Fund (IMF), is holding a five-day workshop on Post Clearance Audit (PCA) in Abuja to enhance trade facilit...
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Presco Announces Resignation Of Three Directors
October 8, 2024 No Responses

Presco Announces Resignation Of Three Directors

Presco Plc has announced the resignation of Chief (Dr.) Bassey Edem, Osa Osunde and HRH., Prince Aiguobasimwin Akenzua as Non-Executive Directors of the company.According to a statement signed by the company’s Secretary, Alayo Ogunbiyi, the Directors contrib...
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NAFDAC Workers Begin Indefinite Strike
October 8, 2024 No Responses

NAFDAC Workers Begin Indefinite Strike

The Senior Staff Association Of Statutory Corporations And Government-Owned Companies (SSASCGOC), an affiliate of the Trade Union Congress of the National Agency for Food and Drug Administration and Control (NAFDAC) has begun an indefinite strike over the fail...
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Apapa Customs Command Collects N1.6tr In Q3
October 7, 2024 No Responses

Apapa Customs Command Collects N1.6tr In Q3

The Apapa Port Command of Nigeria Customs Service (NCS) collected N1,610,906,781,421.82k as at the end of the third quarter of 2024, which is higher than N1,172,414,793,960.32k attained as total revenue for the year 2023Customs Area Controller for the Command,...
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Nigeria Customs Acquires New Aircraft For Surveillance
October 7, 2024 No Responses

Nigeria Customs Acquires New Aircraft For Surveillance

As part of measures to strengthen its air surveillance capabilities, the Nigeria Customs Service (NCS) has acquired a Cessna Grand Caravan EX-208B. The Comptroller-General of Customs, Bashir Adewale Adeniyi, inspected the newly acquired aircraft on Friday, 20 ...
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Nigeria Commences Crude Oil Sales In Naira
October 7, 2024 No Responses

Nigeria Commences Crude Oil Sales In Naira

Nigeria has officially commenced the sales of crude oil and refined petroleum products in naira, the Federal Government has announced. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, explained that in line with the Federal Executiv...
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Coscharis Technologies Announces $4b Green Power Project
October 6, 2024 No Responses

Coscharis Technologies Announces $4b Green Power Project

Coscharis Technologies Limited has secured a $4 billion power project to boost Nigeria’s energy landscape.According to Coscharis Group, the initiative will harness renewable energy sources to significantly reduce the country’s reliance on fossil fu...
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