Economy Archives — Page 133 of 259

July 9, 2023 No Responses

NDDC To Award Odi Shore Protection, Erosion Control Project Contract

The Niger Delta Development Commission, NDDC, will soon start the procurement process towards the award of contract for the shore protection and erosion control of the Odi community shoreline in Kolokuma-Opokuma Local Government Area of Bayelsa State. Speaking at a...

July 8, 2023 No Responses

Gov Otu Receives Calabar Port Manager, Harps On Dredging

Cross River State Governor, Bassey Otu has appealed to the Federal Government to dredge the Calabar Port and transform it as part of measures to attract shipping investors, tourists and boost revenue generation. Otu made the appeal on Friday in Calab...

July 8, 2023 No Responses

Tinubu Raises Committee On Tax Reforms

President Bola Tinubu has established a presidential committee on fiscal policy and tax reforms. In a statement on Friday, Special Adviser to the President on Special Duties, Dele Alake, revealed that the committee will be chaired by Fiscal Policy Partne...

July 8, 2023 No Responses

NPA Explores PPP For Tincan Island Quay Apron Rehabilitation

The Nigerian Ports Authority (NPA) has disclosed that the authority had explored various options to find a sustainable Public Private Partnership (PPP) arrangement for the rehabilitation of the Tincan Island quay apron. The Managing Director, NPA, Mr Mohammed ...

July 7, 2023 No Responses

NECA Lauds Tinubu’s Tax Reforms, Seeks More Modifications

The Nigerian Employers’ Consultative Association (NECA) has commended steps taken by President Bola Tinubu to create conducive business climate in Nigeria through strategic tax reforms. Director-General, NECA, Adewale-Smatt Oyerinde, mad...

July 4, 2023 No Responses

Adulteration: Palm Oil Farmers Seek Collaboration With FG

The National Palm Produce Association of Nigeria (NPPAN) has called on the Federal Government to collaborate in establishing palm oil markets aimed at combatting oil adulteration. In an interview with the News Agency of Nigeria (NAN) in Abuja, Mr Alphonsus...

July 4, 2023 No Responses

Guinness Nigeria Appoints Joan Hodgins Vice Chair

Guinness Nigeria Plc has appointed Diageo’s Global Talent Director, Ms. Joan Hodgins as a Non-Executive Director and Vice Chair of the Board of Directors effective July 1, 2023. In a notice, Guiness Nikeia Plc also disclosed the retirement of Mr Dayalan...

July 4, 2023 No Responses

Frank Nneji, ABC Transport CEO Retires, Hands Over To Brother

By Moses Ebosele, ebosele@hotmail.com The Managing Director/ Chief Executive Officer of ABC Transport Plc, Frank Nneji has retired effective June 30, 2023. A notice to the Nigerian Exchange obtained by City Business News on Tuesday explained that Nne...

July 2, 2023 No Responses

Rep Raises Alarm Over Ovia River Bridge Imminent Danger

The representative of Ovia constituency of Edo State in the House of Representatives, Dennis Idahosa, has raised the alarm over the imminent danger on the Ovie River Bridge, on the ever-busy Benin-Lagos Expressway. Idahosa, a chieftain of the All Progressives....

July 1, 2023 No Responses

Naira Drops Further, Exchanges At N769.25 To Dollar

Again, the Naira on Friday dropped against the dollar, exchanging at N769.25 at the investors and exporters window. The Naira depreciated by 0.82 per cent compared with N763, which it exchanged for the dollar before the Eid-el-Kabir holiday that began...

July 1, 2023 No Responses

Iheanacho To Indigenous Shipowners: Maximize Opportunities In Oil, Gas Industry

It would be most beneficial for Nigerian shipowners operating in the sub-sector to concentrate on the tanker trade than operating liner services, the Chairman of Integrated Oil and Gas Company, Captain Emmanuel Iheanacho, has said. Iheanacho said this in Lagos...

June 30, 2023 No Responses

CORAN Urges More Modular Refineries Investment In Nigeria

As part of measures to improve oil and gas downstream, the Chairman, Board of Trustees, Crude Oil Refiners Association of Nigeria (CORAN), Captain Emmanuel Iheanacho has called for encouragement for greater investment in the establishment of modular refineries...

June 30, 2023 No Responses

Lekki Deep Seaport Receives First Transshipment Vessel

Lekki Deep Seaport, on Thursday, announced the arrival of the first transshipment vessel to call at the container terminal of the port. In a statement, Lekki Deep Seaport explained that the vessel, Rimbaud, owned by CMA CGM shipping compan...

June 30, 2023 No Responses

NEXIM Partners Fidelity Bank, Sapphital On Export

The partnership will help improve the skills and performance of export businesses in Nigeria by leveraging the NEXIM Export Academy (NEXA); an online platform that provides exporters with capacity-building training and access to finance to scale their business...