Economy Archives — Page 152 of 258

November 23, 2022 No Responses

Shippers’ Council, Others Highlight Need To Optimise Blue Economy

The Nigerian Shippers Council (NSC) will continue to work tirelessly to ensure enhanced transportation and trade facilitation for the economy to optimise the potential of the blue economy. The Council’s Executive Secretary, Emmanuel Jime, said this in Lagos on Tuesday at...

November 23, 2022 No Responses

Qatar, China Seal 27-Year LNG Supply Deal

QatarEnergy and China Petroleum & Chemical Corporation (Sinopec) have entered into a 27-year sale and purchase agreement (SPA) for the supply of 4 million tons per annum (mtpa) of liquefied natural gas (LNG) to China. The contracted LNG vol...

November 23, 2022 No Responses

Report: UK Faces Worst Downturn Of Any Advanced Economy

(BBC) The UK economy will suffer a bigger blow from the global energy crisis than other leading nations, according to international body the Organisation for Economic Cooperation and Development. The UK will contract by more than any other nation in...

November 22, 2022 No Responses

Air Peace Resumes Monrovia Dec 2

West and Central Africa’s largest carrier, Air Peace, is set to resume its Monrovia service on December 2, 2022, a news release issued by the airline on Monday, November 21, 2022, has revealed. Stanley Olisa, Spokesperson for Air Peace, dis...

November 22, 2022 No Responses

World Bank Urges Nigeria To Fix Public Finances

World Bank has advised Nigeria to fix its public finances as part of measures to promote inclusive and sustainable development. This is contained in the World Bank Nigeria Public Finance Review Report released on Monday in Abuja. A copy of...

November 21, 2022 No Responses

DMO Offers N100b “Sukuk” Bonds At N1,000 Per Unit

The Debt Management Office (DMO) offered N100 billion “Ijarah Sukuk’’ bonds for subscription at N1,000 per unit on Monday on behalf of the Federal Government. It stated in Abuja that the offer is of 10-year tenor due for maturity...

November 21, 2022 No Responses

IMO Scribe Harps On Nigeria’s Strategic Role In Global Economy

By Moses Ebosele, ebosele@hotmail.com The Secretary General of the International Maritime Organization, Kitack Lim has described Nigeria as a very important country not only to Africa, but to the global economy. City Business News reports ...

November 21, 2022 No Responses

Access Bank Empowers Closa Agents With Solar Powered fibre kiosks

Access Bank’s commitment to deliver banking services to at least one in every two Nigerians has been reaffirmed as the leading retail financial institution successfully commissioned and empowered Access Closa agents across Nigeria with Solar powere...

November 19, 2022 No Responses

NAFDAC Acting D-G Convenes Meeting With Directors

The acting Director-General of the National Agency for Food Drug Administration and Control (NAFDAC), Dr Monica Eimunjeze, will on Tuesday convene a meeting with directors of the agency. The Director of Public Affairs of the agency, Dr Jimoh Abubakar, told...

November 19, 2022 No Responses

FG Seeks Reliable Agric Data For Effective Policy Formulation

Prince Clem Agba, Minister of State for Budget and National Planning has called for reliable agriculture-related data for effective policy formulation and strategies. Agba made the call at the 2022 African Statistics Day Celebration (User/Producer Dialogue) he...

November 18, 2022 No Responses

NIMASA Seeks BPSR Guidance To Strengthen Reforms

The Nigerian Maritime Administration and Safety Agency (NIMASA) on Thursday approached the Bureau of Public Service Reforms (BPSR) to strengthen its reforms unit for effective service delivery in line with the Federal Government’s plan. Aisha Jidda, Di...

November 18, 2022 No Responses

Sylva Lauds UTM Offshore, Technical Partners On Nigeria’s First Floating LNG Facility

Nigeria’s quest for energy transition received a huge boost on Wednesday when an indigenous firm, UTM Offshore Limited signed agreements with three technical partners, Kellogg Brown and Root (KBR) UK, Japan Gas Corporation (JGC) and Technip Energies Limited,...

November 16, 2022 No Responses

8,520 Farmers, SMEs benefit from APPEALS Project In Enugu

No fewer than 8,520 persons have so far benefitted from the World Bank-assisted Agro-Processing, Productivity Enhancement and Livelihood Improvement Support (APPEALS) Project in Enugu State. The Enugu State Deputy Governor, Mrs Cecilia Ezeilo, disclosed this...

November 15, 2022 No Responses

Reps Committee Faults NIWA’s 2023 Budget

The House of Representatives Committee on Inland Waterways has faulted the National Inland Waterways Authority (NIWA) 2023 budget. Speaking on Monday in Abuja at the budget defence of the authority, the Chairman of the Committee, Patrick Asadu alleged that the...