Economy Archives — Page 4 of 230

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 Left), Director – General Nigerian...

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...

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...

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...