Economy Archives — Page 16 of 263

March 11, 2025 No Responses

Shippers’ Council: Utilization Of Barges Key In Lekki Deep Port’s Operation

The Nigerian Shippers’ Council (NSC), has said that the role of barge operations is critical for cargo evacuation at the nation’s seaports. Director, Inland Transport Services, Mr. Mustapha Zubairu stated this at a meeting with the Barge Operators Association of...

March 11, 2025 No Responses

Four Killed In Lagos-Ibadan Expressway Accident

The Ogun State Police Command has confirmed the death of four passengers in a lone accident along the Lagos-Ibadan Expressway. The police spokesperson, Omolola Odutola, confirmed this in a statement adding that other passengers on the bus sustained injuries. S...

March 10, 2025 No Responses

NNPC Reacts To Fresh Controversy On Naira Crude Contract With Dangote Refinery

NNPC Limited has noted recent reports circulating on social media regarding the alleged unilateral termination of the crude oil sales agreement in Naira between NNPC Ltd. and Dangote Refinery.To clarify, the contract for the sale of crude oil in Naira...

March 10, 2025 No Responses

FG Approves N151.9b Contract For Electric Buses, Tricycles

The Federal Government has concluded plans to commence mass electric vehicle transportation in North-East Nigeria, following the approval of N151.9 billion contracts by the Federal Executive Council (FEC).The contracts cover the supply of electric buses and tr...

March 10, 2025 No Responses

NAFDAC Destroys N100b Counterfeit Drugs

The National Agency for Food and Drug Administration and Control (NAFDAC) has destroyed counterfeit drugs worth N100billion at the Moniya dump site in Akinyele Local Government Area of Oyo State. According to NAFDAC Director General, Prof. Mojisola Adeyeye, th...

March 10, 2025 No Responses

NDLEA Arrests Auto Spare Parts Dealer

The National Drug Law Enforcement Agency (NDLEA) has arrested an automobile spare parts dealer, Levi Ubodoeze, for attempting to export two kilograms of cocaine concealed in vehicle propellers to Angola. In a statement on Sunday, NDLEA spokesperson F...

March 10, 2025 No Responses

FRSC Sanctions Ondo Sector Commander

The Corps Marshal, Federal Road Safety Corps (FRSC), Mallam Shehu Mohammed, has condemned the use of a worn-out tyre on one of the corps’ patrol vehicles in Ondo State. Mohammed ordered the immediate sanction of the Sector Commander, under whose...

March 9, 2025 No Responses

NSML Honours Staff, NPA Pilot, NIMASA, Others

By Moses Ebosele, ebosele@hotmail.com The management of NLNG Shipping and Marine Services limited (NSML), a subsidiary of Nigeria LNG Limited, has honoured staff and key stakeholders for their immense contributions to the growth of the company in 2024.Speaking...

March 9, 2025 No Responses

Shippers’ Council Pledges Support For NIMAREX

The Executive Secretary/CEO of Nigerian Shippers’ Council,Dr Akutah Pius Ukeyima has received the planning committee of Nigeria Maritime Conference and Exhibition (NIMAREX) at the Council headquarters in Lagos. The meeting focused...

March 9, 2025 No Responses

Sanwo-Olu Reiterates Commitment To Lekki Airport, Others

Lagos State Governor, Mr. Babajide Sanwo-Olu, on Saturday said his administration is committed to the delivery of the proposed Lekki International Airport and other iconic infrastructural projects in different parts of the state.He said regulators in the Aviat...

March 9, 2025 No Responses

NSML Honours Staff, NPA Pilot, NIMASA, Others

By Moses Ebosele, ebosele@hotmail.com – The management of NLNG Shipping and Marine Services limited (NSML), a subsidiary of Nigeria LNG Limited, has honoured staff and key stakeholders for their immense contributions to the growth of the company in 2024...

March 8, 2025 No Responses

FG Reiterates Commitment To Sustainable Mobility Solution In Nigeria

The Federal Government, on Friday, reiterated it’s commitment towards promoting sustainable transportation and reducing carbon emissions in the country.The Minister of State for Industry, Sen. John Owan Enoh, reiterated the Federal Government position at...

March 8, 2025 No Responses

Nigeria Set For France Business Forum In Paris

The Minister of Information and National Orientation, Mohammed Idris, has said, Nigeria will take full advantage of the upcoming France Business Forum in Paris to highlight the significant economic progress achieved under the administration of President Tinubu...

March 8, 2025 No Responses

NADDC Boss Harps On Innovation, Local Content, Entrepreneurial skills, Others

The National Automotive Design and Development Council (NADDC), on Thursday, at the University of Lagos, explained modalities for its 8-Seater Electric Campus Shuttle Bus Competition.The competition aims to encourage innovation, promote local content addition,...