Category: News

At TAAM Conference, Experts Outline Blueprint For Sustainable Shipping
July 3, 2024 No Responses

At TAAM Conference, Experts Outline Blueprint For Sustainable Shipping

As Nigeria continues to harness the potential of its maritime sector, experts have advocated for sustainable practices to ensure the long-term health and productivity of its blue economy.According to various experts who spoke at the sixth edition of the Taiwo...
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Bill To Repeal NIMC Act Passes Second Reading
July 3, 2024 No Responses

Bill To Repeal NIMC Act Passes Second Reading

A bill to repeal the National Identity Management Commission (NIMC) Act 2007 has passed the second reading in the Senate. The bill provides for the establishment of a National Identity Database, and the NIMC is charged with the responsibilities for...
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NNPC Declares State Of Emergency On Crude Oil Production
July 2, 2024 No Responses

NNPC Declares State Of Emergency On Crude Oil Production

In a move towards increasing Nigeria’s crude oil production and growing its reserves, NNPC Ltd has declared a state of emergency on production in Nigeria’s oil and gas industry.Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari, disclosed this...
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NDDC To Develop New Strategies For Niger Delta Development
July 2, 2024 No Responses

NDDC To Develop New Strategies For Niger Delta Development

The Managing Director of the Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku, has assured that the Niger Delta Stakeholders Summit, coming up on July 10-13, 2024, will develop strategies for economic growth and development of the Niger Delta Region....
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Customs Impounds N4b Arms Shipment
July 2, 2024 No Responses

Customs Impounds N4b Arms Shipment

The Nigeria Customs Service has intercepted a shipment of assorted arms and ammunition originating from Turkey and estimated to be worth about ₦4bn. The Controller General of Customs, Bashir Adeniyi, on Monday, revealed that the 40-feet container with regist...
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PwC Nigeria Announces Three New Partners
July 1, 2024 No Responses

PwC Nigeria Announces Three New Partners

PwC Nigeria has announced the admission of three new partners effective, 1 July 2024.They include Marilyn Obaisa-Osula (Consulting & Risk Services), Taiwo Oyaniran (Assurance), and Tim Siloma (Tax & Regulatory Services).This announcement is part of PwC...
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Carloha Nigeria Unveils Chery Showroom At Ikeja City Mall
July 1, 2024 No Responses

Carloha Nigeria Unveils Chery Showroom At Ikeja City Mall

All is now set for the opening of Chery Showroom at Ikeja City Mall courtesy Carloha Nigeria.According to Carloha Nigeria, this landmark event scheduled for Thursday, July 4, 2024 promises to be a spectacular celebration of innovation, style, and automotive...
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Ecobank Nigeria Unveils Promo, To Reward 500 Customers
July 1, 2024 No Responses

Ecobank Nigeria Unveils Promo, To Reward 500 Customers

Ecobank Nigeria, a subsidiary of the Ecobank Group, has unveiled a deposit mobilisation campaign ‘Ecobank Super Rewards ‘Millionaire Geng Promo’ targeted at rewarding customers’ loyalty.   The six-month campaign, which is set to run between J...
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How To Lift Nigeria’s Auto Industry, By NAMA
June 30, 2024 No Responses

How To Lift Nigeria’s Auto Industry, By NAMA

Nigeria’s automotive industry holds significant potential to contribute to the country’s economic development, the Nigeria Auto Manufacturers Association (NAMA) has said.In his presentation at the maiden edition of the Nigeria Auto Industry Summit ...
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Adeleke Unveils Implementation Committee On Food Security
June 30, 2024 No Responses

Adeleke Unveils Implementation Committee On Food Security

Governor Ademola Adeleke has opened up on the plans of his administration for the agricultural sector in the state, assuring stakeholders that farm inputs, tractorization and issue of food security are being addressed by his government. Speaking after a meetin...
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Firm Receives New LPG Carrier
June 30, 2024 No Responses

Firm Receives New LPG Carrier

Japanese shipping major NYK, compatriot liquefied petroleum gas (LPG) trader and importer Astomos Energy Corporation have held a delivery and naming ceremony for a new LPG dual-fuel LPG/ammonia carrier. The gas carrier has a length of 229 meters, a breadth...
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CBN Issues Fresh Foreign Currency Deposit Guidelines
June 29, 2024 No Responses

CBN Issues Fresh Foreign Currency Deposit Guidelines

The Central Bank of Nigeria (CBN) has issued fresh guidelines to Deposit Money Banks (DMBs) on the deposit of foreign currency notes with the apex bank. This directive was contained in a circular issued by the Director of Currency Operators,...
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Presco Appoints Acting Company Secretary 
June 28, 2024 No Responses

Presco Appoints Acting Company Secretary 

The Board of Directors  of Presco Plc has approved the appointment of the law firm of Abdulai, Taiwo & Co as Acting Company Secretary/General Counsel effective 1st July 2024.  In a notice to the Nigerian Exchange Limited (NGX), its shareholders.....
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NPA Tops Presidential Ease-Of-Doing Business Ratings
June 28, 2024 No Responses

NPA Tops Presidential Ease-Of-Doing Business Ratings

The Nigerian Ports Authority (NPA) has emerged with a performance score of 100 per cent in the just concluded Cohort #3 of the Presidential Enabling Business Environment Council (PEBEC).In recognition of the dedication to driving the reforms, the Authority is....
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