Economy Archives — Page 37 of 231

June 13, 2024 No Responses

SAHCO’s Shareholders Okay N406m Dividend For 2023

The Chairman of Skyway Aviation Handling Company (SAHCO) Plc, Barrister Taiwo Afolabi, has assured its shareholders of enhanced profitability and dividend in the current financial year ending Dec. 31, 2024.Afolabi gave the assurance at the company’s 14th Annual General Meeting...

June 13, 2024 No Responses

Minister Projects Ministry To Achieve Top Three Ranking On PEBEC

In a pivotal address at the BusinessDay Maritime Conference 2024 held at the Oriental Hotel, Lagos, the Minister of Marine and Blue Economy, Adegboyega Oyetola, outlined ambitious plans to elevate Nigeria’s maritime sector to global standards.Emphasizing...

June 13, 2024 No Responses

NSML Signs Vessel Management Agreement With Temile Development Company For New LPG Vessel

NLNG Shipping and Marine Services Limited (NSML)and Temile Development Company Limited on Tuesday, signed a Vessel Management Agreement (VMA) to provide comprehensive vessel technical management services for the new 23,000 cubic metre LPG vessel, LPG Alfred Te...

June 13, 2024 No Responses

NLC Insists On ₦250k Minimum Wage

Apparently reacting to the 2024 President Bola Ahmed Tinubu’s Democracy Day speech, the Nigeria Labour Congress (NLC) has insisted on N250,000 as minimum wage. The committee on the new minimum wage had submitted its report to the Federal Government, pegging....

June 13, 2024 No Responses

Jonathan Unveils Edo State Secretariat Complex

Former President of Nigeria, Dr. Goodluck Ebele Jonathan, has commissioned the Edo State Secretariat Complex, on Sapele Road, Benin City, commending Governor Godwin Obaseki’s commitment to the progress and development of the State. Jonathan also laid the fou...

June 12, 2024 No Responses

TINUBU’S DEMOCRACY DAY SPEECH

June 12, 2024 No Responses

Tinubu Lauds Tolaram Group For Acquiring Diageo’s Stake In Guinness

President Bola Tinubu has commended Tolaram conglomerate for acquiring Diageo’s stake in Guinness. Bayo Onanuga, special adviser to the president on information and strategy, made this known in a statement on Tuesday. Tolaram, which partnered Nigeria to...

June 12, 2024 No Responses

Presco Sustains Growth, Explains New Appointments

By citybusinessnews@yahoo.com – Investors’ appetite for the shares of Presco Plc continued on Tuesday as the stock gained 9.97 per cent on NGX. At the end of the day’s transactions, the share price of Presco Plc increased to&nbsp...

June 11, 2024 No Responses

Oyetola Inaugurates NIWA’s Boats, Others

The Minister of Marine and Blue Economy, Adegboyega Oyetola, embarked on a one-day working visit to the National Inland Waterways Authority (NIWA), Lokoja, Kogi State.The Minister also inaugurated several landmark projects aimed at enhancing the operational ca...

June 11, 2024 No Responses

NDDC Budgets N1.9trillion For 2024

The Niger Delta Development Commission, NDDC, has presented its budget proposals of N1.911 Trillion for 2024 to the Senate Committee on the NDDC at the National Assembly. Presenting the proposals to the Senate Committee, chaired by Senator Asuquo Ekpeyong, th...

June 11, 2024 No Responses

Access Bank Completes Acquisition Of BancABC Tanzania

Access Bank Plc has announced the successful completion of its acquisition of African Banking Corporation (Tanzania) Limited (BancABC Tanzania), in line with its strategic expansion goals. With the successful acquisition of BancABC Tanzania by the Ba...

June 11, 2024 No Responses

FG, States, LGs Share N1.1trillion May Revenue

The Federal Government, States and Local Government Councils in the country have shared N1,143.210 trillion May 2024 Federation Accounts Revenue. The Federation Accounts Allocation Committee (FAAC) disclosed this in a communiqué issued at the end of its lates...

June 10, 2024 No Responses

EFCC Secures Final Forfeiture of 20 Properties, 10 Vehicles, Others For Arthur Eze

The Economic and Financial Crimes Commission, EFCC has through the Court of Appeal, Abuja recovered 20 properties, 10 vehicles and three princely wristwatches from two brothers, Olisaebuka Eze and Onyeka Nnadozie Eze for a petitioner, Arthur Eze. In a final...

June 10, 2024 No Responses

Photo News

L-R: Director, Presco Plc, Mr Osa Osunde; Director, Presco Plc, Amb Nonye Udo; Director, Presco Plc, Chief Bassey Edem; Managing Director/Chief Executive Officer, Presco Plc, Mr Felix Nwabuko; Chairman, Presco Plc, Mr Olakanmi Rasheed S...