Economy Archives — Page 41 of 231

May 28, 2024 No Responses

Keyamo: Nigeria Air Remains Suspended Indefinitely

The Nigeria Air project remains suspended indefinitely, Minister of Aviation and Aerospace Development, Festus Keyamo, declared on Monday. Reeling out the achievements of the aviation sector at the 3rd ministerial updates on in Abuja, Keyamo said: “It remains suspended. It was...

May 27, 2024 No Responses

Reps Committee Harps On Shipping Bill Benefits To Maritime Industry

When passed into law, the Nigerian Shipping and Port Economic Regulatory Agency Bill will curb arbitrary charges and other illegality from operators in the nations maritime industry, the House Committee on Shipping Services and Related Matters, reiterated on M...

May 27, 2024 No Responses

House Committee Seeks Alternative Funding For Deep Blue Project

Honorable Uduak Odudoh, the Acting Chairman of the House Committee on Maritime Safety, Education and Administration, has called for seeking alternate sources of funding for the Federal Government Integrated National Security and Waterways Protection Infr...

May 27, 2024 No Responses

Tinubu Lauds Dangote, Celebrates Oworonshoki-Apapa Expressway Project

President Bola Ahmed Tinubu has described the newly commissioned Oworonshoki-Apapa Expressway as the Tenth Wonder of the World. This is just as he commended the President of Dangote Industries Limited, Alhaji Aliko Dangote, for his selflessness in actual...

May 26, 2024 No Responses

TINUBU: LAGOS-CALABAR COASTAL HIGHWAY WILL REVOLUTIONIZE TRANSPORTATION, BOOST TOURISM

President Bola Tinubu, on Sunday in Lagos, flagged off the construction of the 700km Lagos-Calabar Coastal Highway, stating that the project would revolutionize transportation in Nigeria and bolster the unique economic strength of each zone.The President spoke...

May 26, 2024 No Responses

Shippers’ Council Harps On Early Completion Of Vehicle Transit Areas

As part of measures to promote non oil export, the Nigerian Shippers’ Council (NSC) has is to fast track completion of Vehicle Transit Areas (VTAs) across the Inland Dry Ports (IDPs).Briefing Journalists in Aba, Abia State, the Executive Secretary and...

May 26, 2024 No Responses

TotalEnergies Shareholders Okay €3.01 Per Share Dividend For 2023

Shareholders of TotalEnergies SE have approval the 2023 financial statements and payment of an ordinary dividend of €3.01 per share. Other resolutions approved by the board include: Renewal of the three-year terms as Directors of Mr. Patrick Pouy...

May 26, 2024 No Responses

Kano: NNPP Warns Against State Of Emergency

The New Nigeria People’s Party (NNPP) has warned against the declaration of a state of emergency in Kano State due to the current Emirship tussle in the state. In a statement on Saturday, a spokesman for the party, Ladipo Johnson,...

May 25, 2024 No Responses

Tinubu Inaugurates N24b Ogbia Nembe Road

President Bola Ahmed Tinubu has inaugurated the N24 billion Ogbia-Nembe Road in Bayelsa State jointly executed by the Niger Delta Development Commission, NDDC, and the Shell Petroleum Development Company, SPDC.Speaking at the commissioning ceremony, the Presid...

May 25, 2024 No Responses

Lagos Pays N63b To 19,814 Retirees

The Administration of Governor Babajide Sanwo-Olu has paid over N63 Billion as pension benefits to 19,814 retirees of the State in the last five years. The Commissioner for Establishments and Training, Mr. Afolabi Ayantayo revealed this at the ongoing Y2024...

May 24, 2024 No Responses

NNPCL, Schlumberger Seal Upstream Operations Agreement

As part of strategic reforms aimed at unlocking opportunities in the nation’s oil and gas industry, the NNPC Energy Services Limited (EnServ) and Schlumberger (SLB), a renowned global technology company, have signed a technical partnership agreement towards ...

May 24, 2024 No Responses

FG To Increase Tax Collection Efficiency

Vice President Kashim Shettima says the Administration of President Bola Tinubu is targeting to increase the efficiency of tax collection in the country as he reassures Nigerians that there is no plan to impose more taxes on the citizens. He...

May 24, 2024 No Responses

Alleged N5.8b Fraud: EFCC Arraigns Sirika, Brother, Firms

Former Minister of Aviation, Mr. Hadi Abubakar Sirika, his brother Ahmad Abubakar Sirika and two companies Enginos Nigeria Limited and Samahah Integrated Investment Limited were, on Thursday, May 23, 2024 arraigned by the Abuja Zonal Command of the Economic an...

May 23, 2024 No Responses

CBN Issues Approved Guidelines For BDCs

The Central Bank of Nigeria (CBN) has issued its approved guidelines to regulate the activities of Bureau de Change (BDC) operators in the country. In its new circular released on Wednesday, the minimum capital base for Tier-1 BDCs is N2bn...