Business Archives — Page 64 of 549

May 25, 2024 No Responses

Tinubu Inaugurates N24b Ogbia Nembe Road

President Bola Ahmed Tinubu has inaugurated the N24 billion Ogbia-Nembe Road in Bayelsa State jointly executed by the Niger Delta Development Commission, NDDC, and the Shell Petroleum Development Company, SPDC.Speaking at the commissioning ceremony, the President, who was represented by...

May 25, 2024 No Responses

Shippers’ Council Reiterates FG’s Commitment To Facilitate Trade, Sustain Rail Connectivity

The Executive Secretary of the Nigerian Shippers’ Council (NSC), Barr Ukeyima Akutah has reiterated Federal Government Commitment to maketah Nigeria hub for investors.According to Akutah, priority has also been given to rail connectivity as part of measures ...

May 25, 2024 No Responses

Final Religious Profession Of Sr. Mary Owoh

The Final Religious Profession of Sr. Mary Appolonia Chinonso Owoh as Sister of the Congregation of Sisters of Jesus the Redeemer, took place today, 25th May, 2024, at Holy Cross Church, Gwarinpa, Abuja.The Sisters of Jesus the Redeemer were established...

May 25, 2024 No Responses

Lagos Pays N63b To 19,814 Retirees

The Administration of Governor Babajide Sanwo-Olu has paid over N63 Billion as pension benefits to 19,814 retirees of the State in the last five years. The Commissioner for Establishments and Training, Mr. Afolabi Ayantayo revealed this at the ongoing Y2024...

May 25, 2024 No Responses

Qatar Airways Cargo Transports Six Lions To South Africa

Qatar Airways Cargo has assisted Animal Defenders International in transporting six young lions from the illegal wildlife trade to the ADI Wildlife Sanctuary in Johannesburg. Known as the “Kuwait 6”, the males Muheeb, Saham, Shujaa, Saif, and females Dh...

May 24, 2024 No Responses

NNPCL, Schlumberger Seal Upstream Operations Agreement

As part of strategic reforms aimed at unlocking opportunities in the nation’s oil and gas industry, the NNPC Energy Services Limited (EnServ) and Schlumberger (SLB), a renowned global technology company, have signed a technical partnership agreement towards ...

May 24, 2024 No Responses

FG To Increase Tax Collection Efficiency

Vice President Kashim Shettima says the Administration of President Bola Tinubu is targeting to increase the efficiency of tax collection in the country as he reassures Nigerians that there is no plan to impose more taxes on the citizens. He...

May 24, 2024 No Responses

Alleged N5.8b Fraud: EFCC Arraigns Sirika, Brother, Firms

Former Minister of Aviation, Mr. Hadi Abubakar Sirika, his brother Ahmad Abubakar Sirika and two companies Enginos Nigeria Limited and Samahah Integrated Investment Limited were, on Thursday, May 23, 2024 arraigned by the Abuja Zonal Command of the Economic an...

May 23, 2024 No Responses

CBN Issues Approved Guidelines For BDCs

The Central Bank of Nigeria (CBN) has issued its approved guidelines to regulate the activities of Bureau de Change (BDC) operators in the country. In its new circular released on Wednesday, the minimum capital base for Tier-1 BDCs is N2bn...

May 23, 2024 No Responses

FG Inaugurates NDDC’s Power Station In Ondo

President Bola Ahmed Tinubu has commissioned the multi-billion naira 132KV Transmission Line and I32KV/33KV electricity substation at Ode-Erinje in Okitipupa Local Government Area of Ondo State.Speaking at the commissioning ceremony, the President, who was rep...

May 22, 2024 No Responses

Tinubu Appoints New FRSC Corps Marshal

President Bola Ahmed Tinubu has approved the appointment of ACM Shehu Mohammed as the Corp Marshal and Chief Executive Officer of the Federal Road Safety Commission (FRSC).This was contained in a letter of appointment signed by the Secretary to the...

May 22, 2024 No Responses

Chery Rolls Out Products For Test Drive In Lagos

Chery has concluded plans to roll out products from its stable for an “exciting test drive” scheduled to hold in Lagos on May 25, 2024.According to Chery, take off point is at Carloha Showroom in Alapere, Lagos State.A statement issued...

May 22, 2024 No Responses

TotalEnergies Unveils Kaminho Deepwater Project

Chairman and Chief Executive Officer of TotalEnergies, Patrick Pouyanné, met on May 20 in Luanda with João Lourenço, President of Angola, Diamantino Azevedo, Minister of Mineral Resources, Oil & Gas (MIREMPET), Paulino Jerónimo, Chairman and CEO of ANP...

May 22, 2024 No Responses

CBN Raises Interest Rate To 26.25 %

The Central Bank of Nigeria (CBN) has raised the interest rate by 150 basis points from 24.75 per cent to 26. 25 per cent. Following a two-day meeting, the bank’s Monetary Policy Committee (MPC) agreed to increase the Monetary Policy...