Economy Archives — Page 37 of 264

November 8, 2024 No Responses

PTML Command Generates N288.3b

The Port Terminal Multiservices Limited (PTML) Area Command of the Nigeria Customs Service (NCS) has generated a revenue of N288,392,717,427.00 from January to 6th November, 2024 which is 34.8% higher than the N213,914,304,888.11 that was realized from January to October...

November 8, 2024 No Responses

NADDC Partners Schneider Electric On Renewable Energy

The National Automotive Design and Development Council (NADDC) and Schneider Electric have commenced constructive deliberations on possible collaborative engagements aimed to further promote the use of renewable energy in Nigeria. Speaking at the engagement me...

November 7, 2024 No Responses

NCDMB Unveils Bell Oil And Gas’ Pipe Threading Plant

A multi-million-dollar pipe threading and valve assembly facility built by Bell Oil & Gas was commissioned on Tuesday at Lekki Free Zone, Lagos State by the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsol...

November 7, 2024 No Responses

World Leaders Congratulate Trump

Following his victory at the just concluded presidential election on Wednesday, congratulatory messages have not stopped pouring in for the newly elected US President, Donald Trump Many leaders around the world have expressed their congratulations ...

November 6, 2024 No Responses

Oyetola: Opportunities For Youth Abound In Marine & Blue Economy

The Honourable Minister of Marine and Blue Economy, Alhaji Gboyega Oyetola, represented by the Managing Director, Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, on Wednesday said the blue economy sector promises a wealth of benefits for the growing you...

November 6, 2024 No Responses

Photo News

The Minister of Marine & Blue Economy, Gboyega Oyetola, represented by the Managing Director, Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho (2nd Left), Vice Chancellor, Obafemi Awolowo University (OAU) Ile-Ife, Professor Adebayo Someone Banire (3rd...

November 6, 2024 No Responses

Oyetola Tasks Academic Institutions On Blue Economy Potentials

The Minister of Marine and Blue Economy, Adegboyega Oyetola, has called on academic institutions across the country to work together with the government to harness the numerous potential inherent in the nation’s ocean and coastal resources.The Minister s...

November 6, 2024 No Responses

Oando Wins ‘Deal Of The Year’ Award

Oando Plc, listed on the Nigerian Stock Exchange (NGX) and Johannesburg Stock Exchange (JSE) has emerged winner of the ‘Deal of the Year’ award at Africa Energy Week (AEW) 2024.The Africa Energy Chamber (AEC), the organisers of the annual week-long...

November 6, 2024 No Responses

Chevron Explains Fresh Agenda For Oil Exploration, Drilling In Nigeria, Others

Chevron Corporation has announced plans to increase its exploration holdings in African oil producers such as Nigeria and Angola. The company promised to ramp up its exploration efforts due to the anticipated potential for a production rebound in both countrie...

November 6, 2024 No Responses

Nigeria, Morocco, ECOWAS Advance $26b African Gas Pipeline Talks

The Nigerian Government has reaffirmed its commitment to go on with the $26 billion African Atlantic Gas Pipeline project in collaboration with Morocco, Mauritania, and the Economic Community of West African States (ECOWAS). Representatives of Nigeria ex...

November 5, 2024 No Responses

PETROAN Accuses Dangote Of Trying To Stifle Competition

Petroleum Products Retail outlets Owners Association of Nigeria (PETROAN) has accused Dangote Refinery of trying to suppress competitors in the downstream sector. The marketers’ accusation follows Dangote Refinery’s claim that marketers are complaining of ...

November 4, 2024 No Responses

Oando Reports N60.3b Profit, N2.9tri Revenue In 2023

Oando Plc has reported a Profit After Tax (PAT) of N60.3 billion in its audited financials for the year ended December 31, 2023.City Business News online reports that within the period, the company recorded a 43 per cent increase in...

November 4, 2024 No Responses

Customs Facilitates First Shipment From Nigeria To Kenya Under AfCFTA

The Nigeria Customs Service (NCS) has facilitated Nigeria’s first shipment to Kenya, with Lucky Fibres, a subsidiary of the Tolaram Group, becoming one of the first companies to ship goods to Kenya under the African Continental Free Trade Area Agreement....

November 4, 2024 No Responses

Shippers’ Council Boss Lauds Staff, Harps On Maritime Logistics, Infrastructure, AfCFTA, Others

The Executive Secretary/Chief Executive Officer, Nigerian Shippers Council (NSC), Pius Akutah has commended staff for their dedication and selfless service to the Council especially in the last one year under his leadership.Akutah made the submissions on Sunda...