Economy Archives — Page 5 of 230

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...

November 1, 2024 No Responses

NIWA Boss At IMO, Harps On Safety On Nigerian Inland Waterways

As part of efforts to sanitize the system, ensure all round security, safety, and continuously guaranteeing adequate protection of lives and property of the citizens on the Inland Waterways in Nigeria, the Managing Director/Chief Executive Officer, National In...

November 1, 2024 No Responses

SAHCO WINS NEOSAIR GROUND HANDLING CONTRACT

Skyway Aviation Handling Company (SAHCO) Plc , a leading Ground Handling service provider in Nigeria, has announced its new partnership with NeosAir starting from October 30th, 2024 that would be flying from Milan Malpensa Airport in Italy to Murtala Muhammed....

October 31, 2024 No Responses

TotalEnergies Announces First Oil From Mero Field

TotalEnergies has announced first oil from the third development phase of the Mero field on the Libra block, located 180 kilometers off the coast of Rio de Janeiro, Brazil, in the pre-salt area of the Santos Basin. Launched in August...