Category: Economy

SEC Cancels Mainland Trust Registration, Suspends Centurion Registrars
March 16, 2025 No Responses

SEC Cancels Mainland Trust Registration, Suspends Centurion Registrars

The Securities and Exchange Commission (SEC) has announced the Cancellation of the Registration of Mainland Trust Limited and the suspension of Centurion Registrars.The Commission in separate circulars issued at the weekend said the sanctions were imposed following the failure of...
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TotalEnergies To Sustain Oil, Gas Partnership With Nigeria
March 15, 2025 No Responses

TotalEnergies To Sustain Oil, Gas Partnership With Nigeria

TotalEnergies will continue to partner with Nigeria in development of key oil and gas assets to support Governments revenue generation and community development.The Managing Director of the company, Matthieu Bouyer, gave the assurances during the tour of the T...
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IWD: Ikeja Electricity Celebrates Women In Style
March 15, 2025 No Responses

IWD: Ikeja Electricity Celebrates Women In Style

Every year, the International Women’s Day (IWD) is celebrated globally with a series of activities to raise awareness and foster action on gender equality.At Ikeja Electric, the celebration was marked with a hybrid session with A-list speakers including, Mrs...
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Tantalizers Boosts Blue Economy Agenda, Secures $25m For Expansion
March 14, 2025 No Responses

Tantalizers Boosts Blue Economy Agenda, Secures $25m For Expansion

A player in Nigeria’s Quick-Service Restaurant (QSR) sector, Tantalizers Plc, has secured $25million capital to expand its operations especially in Nigeria’s blue economy. Already, the company has ventured into Nigeria’s blue economy with the acquisition...
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Stanbic IBTC Infrastructure Fund Partners SIFAX Group On Ijora Terminal Development
March 13, 2025 No Responses

Stanbic IBTC Infrastructure Fund Partners SIFAX Group On Ijora Terminal Development

Stanbic IBTC Asset Management Limited, Fund Manager of the Stanbic IBTC Infrastructure Fund has partnered SIFAX Group through its subsidiary, SIFAX Shipping ICT Limited, to facilitate the development of an ultra-modern port terminal on 8.3 hectares of land (~8...
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NNPC Woos Global Investors, Harps On LNG Train7 Project, Others
March 12, 2025 No Responses

NNPC Woos Global Investors, Harps On LNG Train7 Project, Others

The Nigerian National Petroleum Company Limited (NNPC Ltd) has called on global investors to direct their attention to the Nigerian oil and gas sector as the nation is now an investors’ haven owing to the robust regulatory reforms and the...
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Zacch Adedeji:Naira-For-Crude Policy Remains In Place
March 11, 2025 No Responses

Zacch Adedeji:Naira-For-Crude Policy Remains In Place

Our attention has been drawn to reports suggesting that the naira-based crude oil supply arrangement with local refineries has been discontinued, forcing the domestic refineries to rely solely on international crude purchases.These reports do not reflect the r...
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NNPC Reacts To Fresh Controversy On Naira Crude Contract With Dangote Refinery
March 10, 2025 No Responses

NNPC Reacts To Fresh Controversy On Naira Crude Contract With Dangote Refinery

NNPC Limited has noted recent reports circulating on social media regarding the alleged unilateral termination of the crude oil sales agreement in Naira between NNPC Ltd. and Dangote Refinery.To clarify, the contract for the sale of crude oil in Naira...
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FG Reiterates Commitment To Disburse CVFF
March 10, 2025 No Responses

FG Reiterates Commitment To Disburse CVFF

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has reaffirmed the commitment of President Bola Ahmed Tinubus administration to the disbursement of the Cabotage Vessel Financing Fund (CVFF).This was the focus of discussions whe...
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FG Approves N151.9b Contract For Electric Buses, Tricycles
March 10, 2025 No Responses

FG Approves N151.9b Contract For Electric Buses, Tricycles

The Federal Government has concluded plans to commence mass electric vehicle transportation in North-East Nigeria, following the approval of N151.9 billion contracts by the Federal Executive Council (FEC).The contracts cover the supply of electric buses and tr...
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NSML MD Lauds 2024 Performance, Stakeholders
March 9, 2025 No Responses

NSML MD Lauds 2024 Performance, Stakeholders

The Managing Director/Chief Executive Officer, NLNG Shipping and Marine Services Limited (NSML), Abdulkadir Ahmed, has described the year 2024 as watershed year for the company.Addressing staff and stakeholders at the 2024 Performance Recognition Awards ceremo...
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NSML Honours Staff, NPA Pilot, NIMASA, Others
March 9, 2025 No Responses

NSML Honours Staff, NPA Pilot, NIMASA, Others

By Moses Ebosele, ebosele@hotmail.com The management of NLNG Shipping and Marine Services limited (NSML), a subsidiary of Nigeria LNG Limited, has honoured staff and key stakeholders for their immense contributions to the growth of the company in 2024.Speaking...
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Shippers’ Council Pledges Support For NIMAREX
March 9, 2025 No Responses

Shippers’ Council Pledges Support For NIMAREX

The Executive Secretary/CEO of Nigerian Shippers’ Council,Dr  Akutah Pius Ukeyima  has received the planning committee of Nigeria Maritime Conference and Exhibition (NIMAREX) at the Council headquarters in Lagos.  The meeting focused...
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Sanwo-Olu Reiterates Commitment To Lekki Airport, Others
March 9, 2025 No Responses

Sanwo-Olu Reiterates Commitment To Lekki Airport, Others

Lagos State Governor, Mr. Babajide Sanwo-Olu, on Saturday said his administration is committed to the delivery of the proposed Lekki International Airport and other iconic infrastructural projects in different parts of the state.He said regulators in the Aviat...
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