Economy Archives — Page 51 of 231

April 14, 2024 No Responses

NDDC Connects Sub-Station In Ondo To National Grid

The Niger Delta Development Commission (NDDC) has completed and connected the 132/33kv electricity sub-station it built at Ode-Erinje in Okitipupa Local Government Area of Ondo State to the national grid.Speaking during an inspection of the project, NDDC’s Executive Director, Projects,...

April 13, 2024 No Responses

Seven Drown In Lagos

Not less than seven persons have lost their lives to accidental drowning in different parts of Lagos State this week. According to the state Police Public Relations Officer, Benjamin Hundeyin, the incidents were recorded at hotel swimming pools, a beach,...

April 12, 2024 No Responses

Dana Air Sponsors Cabin Crew Contest In Port Harcourt

Dana Air, Nigeria’s foremost airline renowned for its commitment to Excellence, Innovation and Corporate Social Responsibility (CSR) has announced its sponsorship of the Cabin Crew Contest in Wiiyaakara, Rivers State in partnership with the Crew Training...

April 12, 2024 No Responses

Innoson Reiterates Commitment To Producing Top-Quality Vehicles

Nigeria’s first indigenous auto plant, Innoson Vehicle Manufacturing Company Ltd (IVM), Nnewi, has re-stated its commitment to the vision of continuous investment in the production of top-quality vehicles as needed in the Nigerian market and other African co...

April 12, 2024 No Responses

Toyota Nigeria Unveils Winners Of 2024 Dream Car Art Contest

Toyota (Nigeria) Limited, TNL, has honoured nine school children who emerged as national winners of the 2024 (17th) edition of the annual Toyota Dream Car Art contest.According to the Managing Director of TNL, Mr Kunle Ade-Ojo, all nine drawings created...

April 12, 2024 No Responses

Tinubu, Uzodimma, Others Mourn Ogbonnaya Onu

President Bola Tinubu has extended his deepest condolences to the Onu family over the death of Chief Ogbonnaya Onu, who passed away on Thursday at the age of 72. The Governor of Ebonyi State, Ogbonna Nwifuru and Governor of Imo State,...

April 12, 2024 No Responses

LAGOS, INDUSTRY LEADERS OUTLINE STRATEGIES FOR REAL ESTATE DEVELOPMENT

The Lagos State Commissioner for Housing, Akinderu Fatai Moruf, his counterpart in the Ministry of Physical Planning and Urban Development, Oluyinka Oluyide, the Special Adviser on Housing, Barr. Barakat Odunuga-Bakare and other key stakeholders in the Real Es...

April 11, 2024 No Responses

NNPC Chief Harps On Role Of Gas In Driving Economic Growth, Industrial Development

The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mr. Mele Kyari, has reiterated the crucial role of natural gas in Fuelling economic growth and industrial development in Nigeria. Kyari, who was speaking a...

April 9, 2024 No Responses

UBA Declares N2.30kobo Final Dividend For 2023

United Bank for Africa (UBA) Plc, has released its audited financial results for the full year ended December 31, 2023. The 2023 financials, filed by the Bank at Nigerian Exchange Limited (NGx) on Monday, showed an impressive leap in gross...

April 9, 2024 No Responses

FG Inaugurates 6,000 TEU Capacity Private Jetty, Container Terminal At Apapa

THE Federal Government has inaugurated a newly constructed 6,000 TEU capacity private Jetty and Container Terminal in Apapa, Lagos. Mr Mohammed Bello-Koko, the Managing Director of the NPA, who commended the project during the inaugural ceremony on Monday, sai...

April 9, 2024 No Responses

GTCO Declares N609.3b Profit For 2023

For the financial Year ended December 31, 2023, GUARANTY Trust Holding Company Plc (GTCO) has reported a Profit Before Tax of N609.3 billion, amounting to an increase of 184.5 per cent over N214.2billion recorded in the corresponding year. The group...

April 9, 2024 No Responses

NGX Group GMD Elected CSCS Chairman

The Group Managing Director/Chief Executive Officer of Nigerian Exchange Group (NGX Group), Mr. Temi Popoola, has been elected Chairman of Central Securities Clearing System (CSCS) Plc, effective April 1, 2024; succeeding Mr. Oscar N. Onyema, OON, who retired ...

April 8, 2024 No Responses

Edo Swears In New Deputy Governor

38-year-old Omobayo Marvellous Godwins has been sworn in as the new Deputy Governor of Edo State. He was sworn in, on Monday, at the Festival Hall, Government House, Benin City, by the Edo State Chief Judge, Hon. Justice Daniel Iyobosa...

April 8, 2024 No Responses

NGX Group Acquires Stake In Ethiopian Securities Exchange

Nigerian Exchange Group Plc (NGX Group) has announced what it described as “a significant investment” in the Ethiopian Securities Exchange (ESX). A statement issued at the weekend explained that NGX Group is among the top institutional investors that...