Business Archives — Page 186 of 566

March 24, 2023 No Responses

Benin Port Project: NPA, Edo To Dredge Channel

As part of measures to ensure the realisation of the Benin Port Project, the Nigerian Ports Authority (NPA) and the Edo State Government will facilitate the dredging of a river channel to connect the Port to the sea. This is...

March 24, 2023 No Responses

NPA Remittance To Federation Account Hits N91b

The Nigerian Ports Authority (NPA) remittances to the Consolidated Revenue Account (CRA) of the Federal Government have increased from N80 billion to N91 billion in the last one year. The increase in remittance is coming amidst low Importation into the...

March 23, 2023 No Responses

Lagos To Integrate LASUTH, 28 General Hospitals

The Lagos State Government is to integrate the Lagos State University Teaching Hospital (LASUTH) and 28 General Hospitals on the e-procurement platform. The Director-General, Lagos State Public Procurement Agency (PPA), Mr Fatai Onafowote, made this known on W...

March 23, 2023 No Responses

Buhari Wishes Muslim Faithful Happy Ramadan

President Muhammadu Buhari has sent best wishes to Muslims as they commence 30 days of Ramadan fasting, urging that they use the season “to project the best and finest virtues of Islam by personal conduct, and not precept.” In a...

March 23, 2023 No Responses

NLNG Joins U.N. Group To Reduce Methane Emissions, Pursues Decarbonisation

Nigeria LNG Limited (NLNG) has joined the Oil and Gas Methane Partnership (OGMP 2.0), a partnership coordinated by the United Nations Environment Programme (UNEP) to reduce methane emissions and improve the accuracy and transparency of methane emissions report...

March 23, 2023 No Responses

FirstBank Announces Management Associate Programme Application

First Bank of Nigeria Limited has announced call for participation in the third season of its FirstBank Management Associate Programme (FMAP). Interested participants are required to submit their application via https://hdbc.fa.em2.oracl...

March 22, 2023 No Responses

CBN Disburses N12.65b Agric Intervention Fund

The Central Bank of Nigeria (CBN) has disbursed N12.65 billion to the Anchor Borrowers Programme (ABP), its flagship agriculture intervention scheme from January till date. The CBN Governor, Mr Godwin Emefiele said this on Tuesday in Abuja, when he read t...

March 22, 2023 No Responses

Expanding Growth At NPA

The appointment of Mohammed Bello-Koko as the Managing Director of the Nigerian Ports Authority (NPA) has changed the Nigerian seaports narrative. Before now, Nigerian ports have been described as the most expensive and inefficient in the West and Centra...

March 22, 2023 No Responses

Experts’ Caution Against Interest Rate Benchmark At 18%

A financial expert, Dr Tunde Adeoye, says increasing Monetary Policy Rate (MPR) from 17.5 per cent to 18 per cent by Monetary Policy Committee (MPC) of Central Bank of Nigeria (CBN) can lead to a prolonged downturn in economic activities....

March 21, 2023 No Responses

CATA Tasks Tax Administrators On Global Technological Advancements

Tax administrators must keep up with the dynamics occasioned by disruptive new technologies of the 21st century, and arm themselves with the necessary skills, capacity and character for effective and efficient tax administration in the fourth industrial revolu...

March 21, 2023 No Responses

Stock Market Investors Lose N16b

Investors at the stock market of the Nigerian Exchange Ltd. (NGX) on Monday lost N16 billion due to sell-offs in medium and largely capitalised stocks. The NGX All Share Index (ASI) decreased by 29.35 basis points or 0.05 per cent...

March 21, 2023 No Responses

Omo-Agege Rejects Delta Governorship Result

Candidate of the All Progressives Congress (APC) in the March 18 governorship election in Delta, Sen. Ovie Omo-Agege has rejected the result of the election. INEC on Monday declared Chief Sheriff Oborevwori of the Peoples Democratic Party (PDP) as the...

March 20, 2023 No Responses

Oil Edges Up On Historic Swiss Banks Deal

Oil prices rose on Monday after suffering their biggest weekly loss in months as UBS struck a deal to buy Credit Suisse and some of the world’s largest central banks sought to reassure and stabilise global financial markets. Brent crude...

March 20, 2023 No Responses

SSANU Tasks FG On Varsities Outstanding N50b Earned Allowances

The Senior Staff Association of Nigerian Universities (SSANU) has urged the Federal Government to pay the N50 billion outstanding Earned Allowances to universities and Inter-University Centres in the country. The SSANU National President, Mr Mohammed Ibrahim, ...