Economy Archives — Page 49 of 184

August 30, 2023 No Responses

Japanese Ambassador Hosts NPA Boss, Harps On Trade, Investment

The Japanese Ambassador and Permanent Representative to ECOWAS, Mr. Matsunaga Kazuyoshi, has commended the Managing Director of Nigerian Ports Authority (NPA), Mohammed Bello Koko for facilitating growth in the value of Nigeria – Japan trade volume, which he said now stands at...

August 30, 2023 No Responses

JTF Arrest Vessel, 10 Crew Members

THE Joint Task Force Operation Delta Safe (OPDS), on Tuesday arrested an oil vessel MV Ofuoma and 10 crew members conveying alleged illegally refined petroleum products in Rivers. The Component Commander OPDS, Commodore John Siyanbade, who represented the OPDS...

August 30, 2023 No Responses

Tinubu Appoints New NDDC Board, Management

August 29, 2023 No Responses

SEC Seals Offices of Stockmatch

As part of measures to ensure unregistered entities are not allowed to engage in capital market functions, the Securities and Exchange Commission (SEC), on Tuesday, sealed the premises of Stockmatch Investments Ltd in Maiduguri, Borno State for allegedly engag...

August 29, 2023 No Responses

Photo News

The Managing Director/Chief Executive Officer, Nigerian Ports Authority (NPA), Mohammed Bello Koko (right) on Tuesday visited the Ag. Comptroller General of the Nigerian Customs Service (NCS), Mr. Adewale Adeniyi (Right) at the Customs Headquarters in Abuj...

August 29, 2023 No Responses

Due Process Was Followed In NNPCL $3b Afriexim Bank Loan

Due process was followed in securing the Nigeria National Petroleum Company Limited (NNPCL) $3 Billion Afriexim bank Loan, an official has said The $3 billion loan deal, which was signed in Cairo a frothnight ago is to enable the NNPC...

August 29, 2023 No Responses

Nigeria Ends Borrowing

The Federal Government has no intention to borrow from any local or foreign organisation with its removal of subsidy on petrol and exchange rate harmonisation. The Minister of Finance and Coordinating Minister for the Economy, Chief Wale Edun, revealed this...

August 29, 2023 No Responses

GOCOP Visits Acting Customs CG

The Guild of Corporate Online Publishers has visited the acting Comptroller General of Nigeria Customs Service, CG Adewale Adeniyi, in Abuja as part of preparations for its Annual General Conference. The GOCOP team was led on the visit to the CG by.....

August 28, 2023 No Responses

How To Ease Forex Scarcity, Boost Economy Through Alternative Fuel Regime, By Stakeholders

By Moses Ebosele, ebosele@hotmai.com — To successfully navigate fuel subsidy removal challenges, some stakeholders in the automobile, oil and gas sectors have called on Nigerians to take advantage of alternative fuel. They made the call at the 2023 ...

August 28, 2023 No Responses

STOAN Congratulates Oyetola, Pledges Support To Harness Blue Economy

The Seaport Terminal Operators Association of Nigeria (STOAN) has promised to fully support the Minister of Marine and Blue Economy, Mr. Adegboyega Oyetola, to harness the potential of the maritime sector. The Chairman of STOAN, Princess Vicky Haastrup, who sa...

August 27, 2023 No Responses

LNG: Firm Completes Bunkering Operations

Low and zero-emission fuels supplier, Titan has performed its first ship-to-ship LNG bunker operations in Hamburg, Germany. The company said it performed its first-ever ship-to-ship LNG bunkering operation in Hamburg to Vox Ariane, Van Oord’s trailing suctio...

August 27, 2023 No Responses

Heineken Sells Off Russian Business For €1

Heineken has finally sold off its Russian business for €1 – or 86p – nearly a year and a half after first pledging to do so. The Dutch brewer said it will take a loss of €300m on the division,...

August 26, 2023 No Responses

Unclaimed Dividends Hit N190b

THE Securities and Exchange Commission (SEC) has disclosed that the unclaimed dividends figure in the nation’s capital market currently stands at N190 billion. Mr Lamido Yuguda, the Director-General of SEC, said this at the second post-Capital Market Committ...

August 26, 2023 No Responses

Minister Reiterates FG’s Commitment To End Petroleum Importation, Inspects Port Harcourt Refinery

The Nigerian Government on Friday, reiterated its commitment to end petroleum product importation soon, adding that efforts are being redoubled to restore the nation’s local refining capacity. This was made known by the Minister of State for Petroleum Resour...