Economy – Page 159 – City Business News

December 11, 2023 No Responses

NADDC DG, NGEP Chair, Innoson Chair, Others To Grace 2023 NAJA Awards

The Director General of the National Automotive Design and Development Council (NADDC), Joseph Osanipin, Chairman of Innoson Vehicle Manufacturing Co, Chief Innocent Chukwuma, and the Chairman of National Gas Expansion Program (NGEP), Muhammed Ibrahim, are among top stakeholders in the...

December 11, 2023 No Responses

Rubber Processing Firm To Expand Plantations In Edo

The Rubber Estates Nigeria Limited (RENL) has disclosed plans to strengthen its partnership with the Edo State Government to establish a rubber processing factory, expand its out-grower scheme and facilitate the reactivation of dormant rubber plantation...

December 11, 2023 No Responses

NIMASA Photo News

The Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh OFR paid a working visit to the Chief of Naval Staff, Vice Admiral E I Ogala in a quest to deepen the relationship between NIMASA and the...

December 10, 2023 No Responses

Firm Welcomes LNG-Powered Containership

Chinese shipbuilder, Hudong-Zhonghua has delivered 13,000 TEU LNG-powered containership CMA CGM Bahia to French shipping giant CMA CGM Group. The ship has a total length of 336 meters, a width of 51 meters, a depth of 26.8 me...

December 9, 2023 No Responses

FG Tasks Media On Citizen Code Charter Awareness

The Minister of Information of Information and National Orientation, Mohammed Idris, has extended a call for support to the Nigeria Union of Journalists (NUJ) as the government prepares to unveil a groundbreaking Charter on Citizen Code, designed to define and...

December 8, 2023 No Responses

Honda Sustains Production In Nigeria, Insists On Quality

By Moses Ebosele, ebosele@hotmail.com Honda Automobile Western Africa Limited (HAWA) has reiterated its commitment to sustain production in Nigeria despite various challenges. Briefing Journalists after a factory tour, the company explained that though it...

December 7, 2023 No Responses

NNPC Seals MoU On Ajaokuta LNG Project, Others

In its efforts to further boost natural gas utilization in the country and enhance Nigeria’s gas revenue, NNPC Ltd has signed two major agreements to deliver LNG to the domestic gas market and the international LNG market. During two separate...

December 7, 2023 No Responses

Seplat Energy COO Lauds Divestment Activities In Nigeria’s Energy Industry

The divestment story in Nigeria’s petroleum upstream sector has been a success case in terms of value creation, realisation and retention for the economy, the Chief Operating Officer, Seplat Energy Plc, Mr. Samson Ezugworie has said. According to the Seplat....

December 6, 2023 No Responses

DMO Auctions N360b FGN Bonds

The Debt Management Office (DMO), on Tuesday announced the offer for subscription of four Federal Government of Nigeria (FGN) bonds valued at N360 billion through auction. According to a statement issued by the DMO, the first offer is April, 2029...

December 6, 2023 No Responses

Edo Budgets N325.3b For 2024

The Edo State Governor, Mr. Godwin Obaseki, on Tuesday, presented a N325.3bn budget to the Edo State House of Assembly, for the 2024 fiscal year, which is a slight increase from the N320bn budgeted for the year 2023. Obaseki, who...

December 6, 2023 No Responses

Photo News

The First Lady of Kebbi State, Hajiya Zainab Nasare Nasir Idris on Tuesday paid a courtesy visit to the Managing Director/Chief Executive NEXIM Bank, Mr Abba Bello, in his Office at Abuja

December 5, 2023 No Responses

The Address Homes Delivers Another Project, Ikoyi Crescent

The Address Homes Limited, the foremost real estate development firm has completed and delivered yet another project in Ikoyi Crescent. Known as The Address Homes Wemabod Estate and located on Ikoyi Crescent, Lagos, the property uniquely designed to give homeo...

December 5, 2023 No Responses

Maida Pledges Support For Meta On Undersea Cable Initiative

Executive Officer, Nigerian Communications Commission (NCC), Dr. Aminu Maida, during a visit by Meta’s delegation to the Commission in Abuja Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Nigerian Communications Commission (NC...

December 4, 2023 No Responses

At CFA Investment Summit, Experts Project Africa As Next Best FDIs Frontier

With over 400 million young Africans getting ready with the right professions, talents and skills set to be exported into the global workforce, the continent stands the chance of emerging the best destination for Foreign Direct Investments (FDIs) by the...