Economy Archives — Page 3 of 183

April 16, 2024 No Responses

Nigeria’s Inflation Rate Hits 33.20%

Nigeria’s inflation rate jumped to 33.20% in March 2024 compared to February 2024 headline inflation rate which was 31.70%. This was according to the National Bureau of Statistics (NBS)’s Consumer Price Index (CPI) report released on Monday. “Looking at the...

April 16, 2024 No Responses

Maduka: The Road To Success Is Rarely Linear

My name is Dr. Cosmas Maduka, and the world of business is where I found my calling. But my journey wasn’t a smooth ride from the start. In fact, it began with calloused hands and the determination of a young...

April 15, 2024 No Responses

Iceland Lauds Nigeria’s Ongoing Economic Reforms

Iceland Honorary Consul to Nigeria has applauded the ongoing economic reforms being carried out by the administration of President Bola Tinubu.Iceland Honorary Consul to Nigeria, Jacky Hathiramani who stated his home government’s position at a press briefing...

April 15, 2024 No Responses

NIPCO Completes Four CNG Stations In Lagos

NIPCO Plc has completed four Compressed Natural Gas (CNG) stations in Lagos. The Managing Director of NIPCO Gas Ltd., Mr Nagendra Verma, who disclosed this on Sunday explained that the stations are set for inauguration in May. Verma, who highlighted...

April 15, 2024 No Responses

NDDC To Fast-Track Work On Army Jetty In Delta State

The Niger Delta Development Commission, NDDC, is to fast-track the construction of the Army Jetty and other projects being executed for the Nigerian Army at the 3 Battalion, Nigerian Army Barracks in Effurun, Delta State. Speaking while inspecting the project....

April 14, 2024 No Responses

NDDC Connects Sub-Station In Ondo To National Grid

The Niger Delta Development Commission (NDDC) has completed and connected the 132/33kv electricity sub-station it built at Ode-Erinje in Okitipupa Local Government Area of Ondo State to the national grid.Speaking during an inspection of the project, NDDC’s E...

April 13, 2024 No Responses

Seven Drown In Lagos

Not less than seven persons have lost their lives to accidental drowning in different parts of Lagos State this week. According to the state Police Public Relations Officer, Benjamin Hundeyin, the incidents were recorded at hotel swimming pools, a beach,...

April 12, 2024 No Responses

Dana Air Sponsors Cabin Crew Contest In Port Harcourt

Dana Air, Nigeria’s foremost airline renowned for its commitment to Excellence, Innovation and Corporate Social Responsibility (CSR) has announced its sponsorship of the Cabin Crew Contest in Wiiyaakara, Rivers State in partnership with the Crew Training...

April 12, 2024 No Responses

Innoson Reiterates Commitment To Producing Top-Quality Vehicles

Nigeria’s first indigenous auto plant, Innoson Vehicle Manufacturing Company Ltd (IVM), Nnewi, has re-stated its commitment to the vision of continuous investment in the production of top-quality vehicles as needed in the Nigerian market and other African co...

April 12, 2024 No Responses

Toyota Nigeria Unveils Winners Of 2024 Dream Car Art Contest

Toyota (Nigeria) Limited, TNL, has honoured nine school children who emerged as national winners of the 2024 (17th) edition of the annual Toyota Dream Car Art contest.According to the Managing Director of TNL, Mr Kunle Ade-Ojo, all nine drawings created...

April 12, 2024 No Responses

Tinubu, Uzodimma, Others Mourn Ogbonnaya Onu

President Bola Tinubu has extended his deepest condolences to the Onu family over the death of Chief Ogbonnaya Onu, who passed away on Thursday at the age of 72. The Governor of Ebonyi State, Ogbonna Nwifuru and Governor of Imo State,...

April 12, 2024 No Responses

LAGOS, INDUSTRY LEADERS OUTLINE STRATEGIES FOR REAL ESTATE DEVELOPMENT

The Lagos State Commissioner for Housing, Akinderu Fatai Moruf, his counterpart in the Ministry of Physical Planning and Urban Development, Oluyinka Oluyide, the Special Adviser on Housing, Barr. Barakat Odunuga-Bakare and other key stakeholders in the Real Es...

April 11, 2024 No Responses

NNPC Chief Harps On Role Of Gas In Driving Economic Growth, Industrial Development

The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mr. Mele Kyari, has reiterated the crucial role of natural gas in Fuelling economic growth and industrial development in Nigeria. Kyari, who was speaking a...

April 9, 2024 No Responses

UBA Declares N2.30kobo Final Dividend For 2023

United Bank for Africa (UBA) Plc, has released its audited financial results for the full year ended December 31, 2023. The 2023 financials, filed by the Bank at Nigerian Exchange Limited (NGx) on Monday, showed an impressive leap in gross...