Economy Archives — Page 38 of 264

November 4, 2024 No Responses

NDLEA Seizes N4.5b Cocaine At Lagos Airport

The National Drug Law Enforcement Agency (NDLEA) has curtailed efforts by members of an international drug syndicate operating between Brazil, Ethiopia and Nigeria to smuggle into Nigeria 845 wraps of cocaine weighing 18.72 kilogrammes through Murtala Muhammed International Airport, Lagos....

November 4, 2024 No Responses

APC Sweeps All Chairmanship Positions In Nasarawa, Cross River

The All Progressives Congress (APC) has won all the chairmanship positions in the local government elections conducted in Nasarawa State and Cross River State on Saturday. In Nasarawa, the ruling party was declared the winner of the chairmanship poll in...

November 3, 2024 No Responses

Q3: Access Holdings Declares N3.4tri Gross Revenue

Access Holdings Plc has announced its unaudited results for the third quarter ended September 30, 2024.According to the foremost financial institution, gross revenue for the nine-month period rose by 114.5% year-on-year, climbing from ₦1.6 trillion in 2023 t...

November 3, 2024 No Responses

Dangote Refinery: We Sell At N960/litre Into Ships, N990 For Trucks

Dangote Refinery, on Sunday disclosed that it is selling petrol at a reduced rate of N960 per liter for supply via ships and N990 per liter for supply via trucks.A statement issued by Group Chief Branding and Communications Officer, Anthony...

November 3, 2024 No Responses

FG Releases Funds For Payment Of NASU, Federal Retirees

The Federal Government has released funds for payment of withheld salaries of the Non-Academic Staff Union of Federal Universities (NASU). The Office of the Accountant General of the Federation (OAGF) made this known in a statement in Abuja. According to...

November 3, 2024 No Responses

CNG: PCNGI, NADDC, Caution Against Illegal Conversion Centres

The Federal Government through the Presidential Compressed Natural Gas Initiative (PCNGI) and the National Automotive Design and Development Council (NADDC), at the weekend advised Nigerians to patronise only accredited centres for the conversion of their...

November 2, 2024 No Responses

Ibom Air Boosts Fleet With Two New Aircraft

Fast growing Akwa Ibom State Government-owned commercial airline, Ibom Air, has added two new CRJ 900s aircraft to its fleet.The addition brings to four, the number of new aircraft received by the airline this year (2024).The two new aircraft increased...

November 2, 2024 No Responses

NADDC Engages Univers Acier To Foster Nigeria-Morocco Steel Partnerships

Director General, National Automotive Design and Development Council (NADDC),Mr. Joseph Osanipin, on October 31, 2024, led a delegation on a visit to Univers Acier, a prominent steel construction company in Morocco.The primary aim of the visit, according to NA...

November 2, 2024 No Responses

At Lagos Trade Fair, Sanwo-Olu Harps On Renewable Energy, Green Business Practices

Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu has reaffirmed the commitment of the state government to promoting green business practices and renewable energy. City Business News reports that Governor Sanwo-Olu stated this on Friday at the opening cerem...

November 2, 2024 No Responses

Court Orders Final Forfeiture Of $2m, Seven Properties Linked To Emefiele

Justice Dehinde Dipeolu of the Federal High Court sitting in Ikoyi, Lagos, on Friday, November 1, 2024, ordered the final forfeiture of the sum of $2.045m, seven landed properties and the two share certificates of Queensdorf Global Fund Limited Trust...

November 2, 2024 No Responses

Tax Bill: Tinubu Rejects NEC’s Proposal

President Bola Tinubu has rejected the National Economic Council’s (NEC) proposal to withdraw the controversial tax reform bill, insisting the council follow the “legislative process.” In a statement on Friday, Tinubu’s spokesperson, Bayo Onanuga,...

November 1, 2024 No Responses

Air Peace: A Nigerian Product, Nigerian Pride, Says Shettima

November 1, 2024 No Responses

NDDC Partners Bank, Commissions Branch

The Niger Delta Development Commission (NDDC) is to sustain collaboration with financial institutions as part of efforts to accelerate economic growth and development in the Niger Delta region.Speaking during the commissioning of a Providus Bank branch at the ...

November 1, 2024 No Responses

Customs Boss Hosts NAGAFF Team, Commits To Enhancing Collaborative Opportunities

The Comptroller-General of Customs (CGC), Adewale Adeniyi, received a delegation from the National Association of Government Approved Freight Forwarders (NAGAFF) on Tuesday, 29 October 2024, at the Nigeria Customs Service (NCS) Headquarters in Abuja, led by th...