Category: Economy

Cyber-Attack Disrupts Port Operations
November 13, 2023 No Responses

Cyber-Attack Disrupts Port Operations

Australia’s largest ports operator is set to keep its sites closed for days as it recovers from a cyber-attack, according to government officials. Operations at its container terminals in Melbourne, Sydney, Brisbane and Perth have been suspended since Friday. BBC...
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Saudi Arabia Opens Doors To African Investors
November 12, 2023 No Responses

Saudi Arabia Opens Doors To African Investors

The Kingdom of Saudi Arabia is opening its doors to African investors and companies to benefit from the huge investment opportunities provided by the Kingdom’s Vision 2030 mega projects, a resolution from the Saudi-Africa Summit, indicates. The Kingdom, whil...
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Saudi Arabia Pledges Support For CBN, Nigeria’s Refinery
November 11, 2023 No Responses

Saudi Arabia Pledges Support For CBN, Nigeria’s Refinery

The government of Saudi Arabia has promised to support the reforms being implemented by the Central Bank of Nigeria and also revamp Nigeria’s existing refineries through its state-owned oil company, Aramco during a bilateral engagement between President Tinu...
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Corporate Governance: NCDMB Counsels Heritage Energy, Indigenous Firms On NC Compliance
November 11, 2023 No Responses

Corporate Governance: NCDMB Counsels Heritage Energy, Indigenous Firms On NC Compliance

The management of Heritage Energy Operational Services Limited (HEOSL) and other indigenous oil and gas companies have been advised to adopt strict corporate governance guidelines in their operations if they want their firms to grow sustainably. The companies ...
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Bello, Onyema, Yusuf,Maida, Sheidu-Shabi , List Pathways To Nigeria’s Economic Growth
November 9, 2023 No Responses

Bello, Onyema, Yusuf,Maida, Sheidu-Shabi , List Pathways To Nigeria’s Economic Growth

Former Executive Secretary, Nigerian Shippers Council (NSC), Hassan Bello has called for persistent capital market enlightenment campaign as part of measures to boost investors interest and the economy.  Besides, Bello urged Nigerians to invest in Nigeria...
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Bello, Sheidu-Shabi, Harp On Exports, AfCFTA Opportunities
November 9, 2023 No Responses

Bello, Sheidu-Shabi, Harp On Exports, AfCFTA Opportunities

The Federal Government has been urged to devise an actionable plan for Nigeria to increase its exports and stop depending on importation of goods. Stakeholders who spoke at the 2023 summit organised by City Business News Online in Lagos, said...
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NASENI Partners Ministry On Agro-Industrialization, Climate Change, Others
November 8, 2023 No Responses

NASENI Partners Ministry On Agro-Industrialization, Climate Change, Others

The National Agency for Science and Engineering Infrastructure (NASENI) and the Federal Ministry of Agriculture and Food Security have commenced discussions on how to deploy existing technical competencies and other resources by the two institutions to improve...
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Osime, Ogbeifun, Osayande, Others For Edo Investment Summit
November 7, 2023 No Responses

Osime, Ogbeifun, Osayande, Others For Edo Investment Summit

The Chairman, Edo Refinery and Petrochemical Company Limited, Mr. Michael A. Osime; Chairman, Benin River Port Project, Engr. Greg Ogbeifun, and the Managing Director, Benin Enterprise Park Limited, Mr. Edward Osayande, are expected to lead the cast of pa...
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Blue Economy: Jamoh, Gunter Paul Meet To Discuss Possibilities
November 4, 2023 No Responses

Blue Economy: Jamoh, Gunter Paul Meet To Discuss Possibilities

The Director General, Nigerian Maritime Administration and Safety Agency, NIMASA, Dr. Bashir Jamoh, has met with Professor Gunter Pauli to discuss possibilities in Nigeria’s Blue Economy, in Abuja. A statement issued by NIMASA explained that the meeting is a...
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Sanwo-Olu Pledges Support For Women-Owned Businesses  
November 3, 2023 No Responses

Sanwo-Olu Pledges Support For Women-Owned Businesses  

The Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu, has promised to give full support to women-owned/women-led businesses as part of measures to move them “to the next level where they can also compete favourably and secure public contracts which would...
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Air Peace Launches Jeddah Service as Emir of Kano Lauds Airline 
November 1, 2023 No Responses

Air Peace Launches Jeddah Service as Emir of Kano Lauds Airline 

Air Peace has expanded its Asian footprints with the commencement of direct scheduled commercial flights into Jeddah, Saudi Arabia, on October 31, 2023. This is as the Emir of Kano, HRH Alhaji Aminu Ado Bayero, has lauded the airline’s giant...
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FEC Approves N2.1tri Supplementary Budget For 2023
October 31, 2023 No Responses

FEC Approves N2.1tri Supplementary Budget For 2023

The Federal Executive Council (FEC) has approved the supplementary budget of over N2 trillion for the year 2023, the second this year. The council granted the approval on Monday during its weekly meeting presided over by President Bola Tinubu.  This...
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Wabote: Two Edo Refineries To Boost Nigeria’s 1.5m bpd Refining Capacity By 2025
October 30, 2023 No Responses

Wabote: Two Edo Refineries To Boost Nigeria’s 1.5m bpd Refining Capacity By 2025

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote, has said that the two refineries in Edo State, the Edo Refinery and Duport Midstream Refinery, which are currently refining pet...
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Interview: Innoson In A Better Position Than Importers, Says Chairman, Innocent Chukwuma
October 27, 2023 No Responses

Interview: Innoson In A Better Position Than Importers, Says Chairman, Innocent Chukwuma

Founder and Chairman of Innoson Vehicle Manufacturing Company, makers of Innoson motors brand, Chief Innocent Chukwuma, has commended customers and all stakeholders for supporting the Company in the past 13 years.  In an interview with Motoring Editors, i...
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