Tag: Business

Can LNG Replace Russian Gas In Europe?
March 2, 2022 No Responses

Can LNG Replace Russian Gas In Europe?

By Ed Cox, Head of Global LNG at ICIS — LNG imports reached a record high in January 2022 and could go a little higher if Russian pipeline gas supply falls, or even stops completely. But the best-connected European LNG terminals...
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Ship Carrying 4,000 Luxury Cars Sinks
March 2, 2022 No Responses

Ship Carrying 4,000 Luxury Cars Sinks

A cargo ship that was carrying thousands of luxury cars has sunk off the Portuguese Azores archipelago, nearly two weeks after it caught fire. The ship, named Felicity Ace, was transporting around 4,000 cars such as Porsches and Bentleys.  The...
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CBN Releases Operating Guidelines For R200 Policy
March 1, 2022 No Responses

CBN Releases Operating Guidelines For R200 Policy

The Central Bank of Nigeria (CBN), has released guidelines for the operationalisation of its R200 policy.  The News Agency of Nigeria (NAN) recalls that the apex bank recently initiated the R200 policy in an effort to reduce exposure to volatile...
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NLNG, NCDMB, SNEPCo, Chevron, TotalEnergies, Others Bag Awards At 2022 NIES
March 1, 2022 No Responses

NLNG, NCDMB, SNEPCo, Chevron, TotalEnergies, Others Bag Awards At 2022 NIES

The Nigeria LNG Company Ltd. (NLNG) has won the 2021 Gas Infrastructure Project Company of the year award in the Nigeria oil and gas sector.  The award was conferred on the company at the gala night of the fifth Nigeria...
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Buhari Reiterates FG’s Commitment To Partner Private Sector
February 27, 2022 No Responses

Buhari Reiterates FG’s Commitment To Partner Private Sector

President Muhammadu Buhari has reiterated the commitment of the Federal Government to partner the private sector as part of measures to move the economy forward.  The president, represented by the Minister of Trade and Investment, Mr Niyi Adebayo, stated ...
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KADCCIMA Seeks National Status For Kaduna Trade Fair Complex 
February 27, 2022 No Responses

KADCCIMA Seeks National Status For Kaduna Trade Fair Complex 

The Kaduna Chamber of Commerce, Industries, Mines and Agriculture (KADCCIMA) has appealed to the Federal Government to declare the Kaduna International Trade Fair Complex a “national edifice”.  The President, Alhaji Suleiman Aliyu, made the appeal in ...
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VIN:Shippers’ Council Appeals To Protesters, Explains Impact On Economy 
February 26, 2022 No Responses

VIN:Shippers’ Council Appeals To Protesters, Explains Impact On Economy 

The Nigerian Shippers’ Council (NSC) on Friday urged freight forwarding associations protesting against the Vehicle Identification Number (VIN) Valuation Policy at the Lagos ports to suspend their protest in the interest of Nigerian economy.  According ...
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United Capital Proposes 114% Increase In Dividend
February 20, 2022 No Responses

United Capital Proposes 114% Increase In Dividend

United Capital Plc, an investment bank and pan-African financial services group, has proposed 114 per cent dividend increase to N1.50 for every 50k ordinary share for the financial year ended Dec. 31, 2021.  The Group Chief Executive Officer of the...
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Okomu Oil Reports More Attacks
February 20, 2022 No Responses

Okomu Oil Reports More Attacks

The Okomu Oil Palm Company in Edo State says it has suffered more attacks on its plantation by suspected “terrorists”. In a statement by Fidelis Olise, Okomu’s oil palm communication officer on Friday, the company said the attack happened on...
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NIMASA DG Lauds Partnership With Nigerian Navy
February 10, 2022 No Responses

NIMASA DG Lauds Partnership With Nigerian Navy

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Bashir Jamoh has commended the Nigerian Navy for its continued support to the Agency over the years.  The DG who said this when he met with the Admiral S...
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LADOL, Samsung Heavy Industries Reaffirm Partnership
February 10, 2022 No Responses

LADOL, Samsung Heavy Industries Reaffirm Partnership

By ebosele@hotmail.com  — Three years after legal dispute, Samsung Heavy Industries (SHIN) Nigeria Limited and LADOL Integrated Logistics Free Zone Enterprise (LADOL), announced Wednesday historic settlement of outstanding issues currently before the N...
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Valentine: Fidelity Bank Set To Delight Customers With Euphoria Event
February 9, 2022 No Responses

Valentine: Fidelity Bank Set To Delight Customers With Euphoria Event

Customers of Fidelity Bank are in for a treat this Valentine as the Bank has announced plans to host a delightful evening of music, fun games and delightful experiences for its customers.  Tagged The Euphoria and scheduled for Saturday, 19 Febru...
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FG Lists $4b Eurobonds On FMDQ Exchange  
February 8, 2022 No Responses

FG Lists $4b Eurobonds On FMDQ Exchange  

FMDQ Securities Exchange Ltd. has announced the listing of the Federal Government of Nigeria’s four billion dollars Eurobonds under its global medium-term note programme on its platform.  This is contained in a statement by FMDQ Exchange made available ...
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Emefiele: Food Prices Will Moderate In 2022
January 26, 2022 No Responses

Emefiele: Food Prices Will Moderate In 2022

The Central Bank of Nigeria (CBN) on Tuesday assured Nigerians that food prices would not accelerate the way people had anticipated in 2022.  The CBN Governor, Mr Godwin Emefiele, said this while answering questions from the press after presenting the...
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