Economy Archives — Page 4 of 263

May 22, 2025 No Responses

Customs Reaffirms Support For Renewable Energy Trade

The Nigeria Customs Service (NCS) has reaffirmed its commitment to promoting seamless and sustainable trade operations, with a renewed focus on facilitating the importation of renewable energy technologies. The Comptroller-General of Customs (CGC), Adewale Adeniyi, who was represented by Deputy...

May 21, 2025 No Responses

NLNG Boss In China, Seeks Gas Development Diversity

The Managing Director/ Chief Executive Officer, NLNG, Philip Mshelbila, has reiterated call for diversity of gas development globally.The NLNG boss spoke at the 29th World Gas Conference (WGC2025) in Beijing, China, contributing to a high-level conversation on...

May 21, 2025 No Responses

Innoson: Nigeria-First Policy Can Aid Local Industries, Attract Investments

Founder of Innoson Vehicle Manufacturing (IVM), Innocent Chukwuma, has expressed optimism that the Federal Government’s newly approved Nigeria-First policy will revitalise struggling local industries and attract global investors to Nigeria’s manufacturing ...

May 20, 2025 No Responses

Tanzania Pledges Support For Nigeria’s IMO Category C Bid

The Nigerian Maritime Administration and Safety Agency, NIMASA, and the Tanzanian counterpart, the Tanzania Shipping Agencies Corporation ,TASAC, have deepened cooperation in knowledge sharing in the areas of Flag and Port State Control, Seafarer Development a...

May 20, 2025 No Responses

Nigeria, Benin Unveil SIGMAT To Check smuggling, Fraud

The Nigeria Customs Service (NCS) and the Customs Administration of Benin Republic on Monday unveiled a technological innovation, SIGMAT aimed at checking smuggling and other trade malpractices on the Nigeria-West Africa trade corridor. At a ceremo...

May 19, 2025 No Responses

Olowo Lauds Tinubu Over Appointment Of Dr Akinola As MD, SWDC

The Olowo of Owo kingdom, HRH Ajibade Gbadegesin Ogunoye 11, has joined the growing list of prominent Yoruba traditional rulers and leaders that have applauded the appointment of Dr Charles Akinola as the Managing Director of the South West Development...

May 19, 2025 No Responses

Seplat Energy Explains $1.116b Revenue, 11million Man Hours Without Injury

The business performance of Seplat Energy Plc, for 2024 full-year met and exceeded the expectation of the Board of Directors, the Chairman, Senator Udoma Udo Udoma, has said. Udoma said this on the sidelines of the company’s 12th Annual General Me...

May 18, 2025 No Responses

Customs, NIPR Forge Alliance To Strengthen Professionalism

The Nigeria Customs Service (NCS) and the Nigerian Institute of Public Relations (NIPR), FCT Chapter, have agreed to deepen collaboration in promoting professionalism, ethical standards, and strategic communication in public relations practice.This was the out...

May 17, 2025 No Responses

FG, States, LGs Share ₦1.681trillion

The sum of ₦1.681 trillion, being April 2025 Federation Account Revenue, has been shared to the Federal Government, States and the Local Government Councils. The revenue was shared at the May 2025 Federation Account Allocation Committee (FAAC) meeting ...

May 17, 2025 No Responses

Customs FOU ‘A’ Impounds N1.5b Contraband

By Moses Ebosele, ebosele@hotmail.com – The Federal Operations Unit (FOU), Zone A, Ikeja, under the leadership of Comptroller Mohammed Shuaibu, has impounded goods valued at over N1.5 billion. In his maiden press briefing on Friday, Comptroller S...

May 16, 2025 No Responses

Shippers’ Council Seeks Intermodal Transport Infrastructure At Lekki Sea Port

The Executive Secretary/CEO of Nigerian Shippers’ Council, Dr. Akutah Pius, MON, has stressed the importance of developing intermodal transportation infrastructure at the Lekki Sea Port.Speaking at the 2025 Intermodal Transport System Annual Roundtable i...

May 16, 2025 No Responses

Tinubu Departs Nigeria Saturday For Pope Leo’s Inauguration

President Bola Tinubu will depart Abuja for Rome, Italy, on Saturday at the invitation of Pope Leo XIV. In a statement issued on Thursday, Special Adviser to the President on Information and Strategy, Bayo Onanuga, explained that President Tinubu will...

May 15, 2025 No Responses

Tinubu Seeks Approval For ₦1.78t FCT Budget

President Bola Tinubu has transmitted a proposed ₦1.783 trillion statutory appropriation bill for the Federal Capital Territory (FCT) to the Senate for consideration and approval for the 2025 financial year. In his communication to the upper chamber on Wedne...

May 15, 2025 No Responses

At Africa CEO Forum, Ogbonna, Mene, Zubairu Chart Path To Continental Trade

At the Africa CEO Forum, leaders from across the continent gathered to discuss the critical role of private sector-led growth in the development of African trade and market integration under the topic “Fast-tracking African Integration: The Private Sector Im...